1. Nordson Corporation Precision Technology Solutions
Dispensing - Processing - Test & Inspection - Surface Treatment - Fluid Management
: NDSN
February 21, 2013 | First Quarter Fiscal 2013 Investor Presentation

2. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Information in this presentation may contain “forward-looking statements,” as defined by this Reform Act. These statements are identified by words or phrases such as “are expected to,” “will likely result,” “is anticipated,” “estimates,” “will continue,” “outlook,” “project,” or similar expressions.
These forward looking statements are based on current expectations and involve risks and uncertainties. Consequently, Nordson Corporation’s actual results could differ materially from the expectations expressed in the forward-looking statements. Factors that could cause the Company’s actual results to differ materially from the expected results include, but are not limited to: fluctuations in currency exchange rates; a sales mix different from assumptions; deferral of orders; customer-requested delays in system installations; and unanticipated delays.
DISCONTINUED OPERATIONS
All numbers for years prior to FY 2006 in this presentation include results from discontinued operations unless otherwise noted. 2

3. Nordson Investment Summary
Sustainable Business Model
Applied to Diverse Markets
Delivers Exceptional Results
Real technology differentiation
Unparalleled application know-how
Global direct sales & service
Parts & consumables annuity
Globally recognized brand
30+ countries, established and emerging
Technology, consumer non-durables, consumer durables
Emerging applications
Strong top line growth
49 years of dividend increases
Excellent margins and returns
Strong cash flow for continued investment
Top quartile total shareholder return

4. Nordson: Focused on Precision Technology Solutions
Material Dispensing
Dispensing, Coating
Sealing, Finishing
Spraying, Painting
Extrusion
Plastic Processing
Injection Molding
Test and Inspection
X-ray, optical inspection
Bond test
Surface Treatment
UV curing
Plasma treatment
Fluid Management
Components
Customer Value Proposition
Reliability…uptime
Speed…productivity…yield
Efficiency…lower material usage
Leading edge features
About 75% of our business involves precision dispensing, and 25% is in precision testing, inspection, surface treatment or components
Our solutions involve fundamental technology, application support, technical sales, and extensive field service
We create value for our customers every day by lowering their cost of ownership, by
Providing robust products that operate longer than the competition – uptime
Enabling a customer’s line to move faster – productivity / yield
Being more efficient…using less of the dispensed product, and
Enabling the most advanced features in a customers product
That’s why we’re the brand of choice…why we get the first call from customers
Lower Cost of
Ownership 4

5. End Markets: Consumer Non-Durables, Durables, Technology …
End Markets: Consumer Non-Durables, Durables, Technology ….Every Day You Experience the Value We Bring
Industrial Coating
Adhesive Dispensing
Advanced Technology
Talk through examples of each
Appliances, Agriculture
Automotive, Furniture
Containers, Construction
Packaging, Nonwovens Product Assembly Plastic Processing
Electronics, Medical Solar, LEDs Industrial 5

6. Sales Distribution – FY2012
Markets Served
Operating Segments
Geography
Product Type 6

7. Adhesive Dispensing Systems
Twelve Months Ending 1/31/2013: Sales: $728m Operating Margin: 29%
Nonwovens
48% of FY12 sales
Melting, filtering, pumping, transporting and deposition of adhesives, plastics and other materials in the manufacturing of a wide range of goods.
Rigid Packaging
Growth Drivers
End Markets
Income growth in emerging markets
Increased use of disposable hygiene products
Increased use of processed/ convenience foods
Increased use of lightweight plastics
Productivity investments
Material, machinery and process innovations
Food and beverage packaging
Nonwovens / disposable hygiene
Furniture and building products
Paper converting
Macro electronics
General industrial assembly
Alternative energy
Medical devices
Labeling
Transportation
Flexible Packaging
General Product Assembly
Includes industry leading brands:
Nordson XALOY & Nordson EDI
Typical Replacement Parts

8. Advanced Technology Systems
Twelve Months Ending 1/31/2013: Sales: $525m Operating Margin: 27%
Automated Dispensing
37% of FY12 sales
High precision dispensing, fluid management, test, inspection and surface treatment products and systems for electronics, medical and general industrial markets
Test & Inspection
Growth Drivers
End Markets
Mobile computing trend
Device convergence / migration to flip chips
Circuit shrinkage / new architectures
New consumers in emerging markets
Medical needs driven by aging population
Alternative energy high volume manufacturing
Semiconductor packaging, testing, inspection, surface prep
Printed circuit board assembly
General electronic assembly
Medical devices and procedures
General industrial assembly
Solar
LED
Medical Dispensing
Semi Automated Dispensing
Includes industry leading brands:
Nordson ASYMTEK, Nordson DAGE, Nordson EFD
Nordson MARCH, Nordson MICROMEDICS, Nordson YESTECH, Value Plastics
Consumable Tips, Cartridges & Connectors

9. Industrial Coating Systems
Twelve Months Ending 1/31/2013: Sales: $228m Operating Margin: 14%
Powder Coating
15% of FY12 sales
Liquid Coating
Precision equipment and systems to apply and cure paints, sealants, coatings, cold materials and other materials to a wide range of products
Growth Drivers
End Markets
Appliances
Lawn and garden
Metal container inside coating
Automobile sealing & bonding
Cold material dispensing
Pipe coating and construction
Woodworking
General industrial
Electronics / UV curing
Growth in emerging markets
Environmental advantages of powder coatings
Productivity investments
Lean manufacturing
Quick color change
Container Coating
Medical Dispensing
Cold Material Dispensing
Includes industry leading brand:
Sealant Equipment & Engineering
Typical Replacement Parts

10. Consistent Sales Growth
Financial Highlights
Consistent Sales Growth
Industry Leading Gross Margins
FY12 = $1.4B 14 % YOY Growth
Millions of $
Strong Operating Margins
Strong EPS Growth
Includes impact of Acquisitions
2003 – CAGR: 21% 10
*FY09 excludes non-cash charges for impairment of goodwill and other long-lived assets.

11. Disciplined Use of Cash
Uses of Cash – 2007 to 2012
Cash Flow
Self funding business model generates excess cash
Low Working Capital Requirements
Low Capital Expenditures (approx. 2.5% of sales)
Strong free cash
Cash Deployment
Organic growth Product/Application development Channel expansion Emerging markets
Acquisitions
Dividends/share repurchase
Dividend increased 49 consecutive years
15th among US public companies
42% increase since 2009
Dividends per share 11

12. Capital Management NET DEBT TO EBITDA
Strong Cash Generation Lets Nordson De-lever Quickly
DEBT POSITION
at 1/31/2013
EFD
Acquisition
Acquisitions &
Share Repurchases
10% Outstanding Stock Repurchase
In millions $
Four
Acquisitions
Ends Feb 2013
@4.98%
- Ends Dec 2016
bps over Libor
at 10/31
- Ends June 2013
- 100 bps over Libor
- Amortizing-avg rate – 2.93%
- Initial avg. life – 8.26 years
Net Debt to EBITDA calculated net of cash
Amortizing-avg rate – 2.21%
Avg. life – 3.58 years 12

13. Nordson Outperforms its Peers in Total Shareholder Return
10 Year Total Return
Source: Zack’s Investment Research
Nordson
S&P 500
Industrial Machinery
Assumes $100 invested on 11/1/2002, dividends reinvested, fiscal year ending 10/31/2012
S&P Midcap 400 Industrial Machinery
S&P Midcap 400 13

14. FY2013 1Q Results 2Q 2013 Guidance Organic Volume growth 3% to 8%
Acquisition Growth %
Currency (1)%
Total Sales Growth % to 23%
GAAP Diluted EPS $0.78 to $0.87 ▪ 14
SOURCE: February 21, 2013 Press Release

15. 2012 GDP & NDSN Organic Growth
2013 Global Economic Environment: A lot like 2012 Nordson Delivered 7.9% Organic Growth in 2012
2012 GDP & NDSN Organic Growth
Global GDP Forecasts 2013
As we think about 2013, here is a current view of the macroeconomic environment. At this time, most economists expect global GDP in 2013 to grow at a very similar rate to 2012, that is, a little above 2%. Emerging markets should continue to grow more rapidly than developed ones. In 2012, we delivered full year organic growth of about 8%. If 2013 does indeed follow the pattern of 2012, Nordson would expect to deliver similar kind of organic growth again in 2013.
The good news is that Nordson is well positioned to capture growth wherever we may find it, and our combination of best in class technology, application expertise, and direct sales and service remains unique among our competitors. 15
January 2013
1H13 NDSN forecast based on midpoint of guidance provided in Feb 22 press release

16. Going Forward: Multiple Paths for Profitable Growth
Organic - target at mid-to-high single digits
Product Innovation
New Applications
Emerging Market Penetration
Asia Pacific and Latin America Sales (millions)
Strategic Acquisitions – target to bring total growth to double digits
Technology
Sales channels
Core portfolio
When we think about growth, we focus on both organic and acquisitive growth
Our goal is to consistently deliver about 8% organically
Key areas of focus include, the product itself
Which not only keeps us ahead of the pack and protects our margin, but also creates demand
Top left is our mini-blue 2 product, which offers our customers a 20-30% reduction in adhesive use by stitching or dotting and still meeting their packaging strength needs
We also buy or support new applications
The left picture is bottle labeling, which historically occurred by rolling the bottle in a bath of glue. We are helping the industry use 20-30% less adhesive by spraying the bottle at the labels leading edge, and coating the edge at the end of the label, with no glue in between.
The right picture is LED…used in e.g. cars today, but white LEDs are used in TV's and ultimately to replace the incandescent lamps
A big focus of organic growth is emerging markets…we’re making good progress – but emerging markets could grow to half our business in the next five years from the mid 30’s today. We also plan to supplement growth by at least 2% points through acquisitions of a variety of types
Adjacencies
Step outs
Plastics Processing
Test & Inspection
Current areas of focus
Fluid Mgmt. (esp. medical)
Cold Material Dispense

17. Continue to deliver top quartile performance for our shareholders
Key Themes for FY2013
Priorities consistent with FY2012
Enhance / Protect the Core
Further Penetrate Emerging Markets
Pursue Market Adjacencies
Further Optimize Business
Make Portfolio Adjustments
Enhance / Expand Organizational Capability
With particular focus on:
Further development of Corporate Growth Strategy / Vision
Acquisition integration and organizational development
Increased Asia presence in Advanced Tech segment
Prudence in view of uncertain economic backdrop
Technology
Continue to deliver top quartile performance for our shareholders 17

18. - Selected Organic Growth Opportunities - Currency Chart
Appendix
- Selected Organic Growth Opportunities
- Currency Chart 18

19. Organic Growth: Recent Product Innovations
Allegro
Dispense nozzles
RediFlex
Hot melt hoses
Spectrum
jetting for LEDs
Select Coat
conformal coating
NexJet
Automated dispensing
A significant part of our growth has come organically. We’ve developed a number of new products this year and other products from recent years continue to gain momentum.
Artiste
Medical dispensing
X-Plane
Test and inspection
StediFlo™
Coating pumps
Mini Blue II
adhesive applicator
Trilogy Guns
expanded offering

20. Growth: Summary of Electronics Industry Forecasts*
Nordson is well positioned in mobile devices, where growth is outpacing traditional applications
CAGR ’12-’15 = 32.4%
CAGR ’12-’15 = 24.9%
CAGR ’12-’15 = 4.4%
CAGR ’12-’15 = (0.4)% 20
*Average of most recent forecasts to Jan 2013 compiled by Nordson. Includes data from Citibank, Digitimes, IC Insights, IDC, Henderson, iSuppli, Merrill, Prismark

21. Organic Growth: Smart Phones & Tablets multiple Nordson applications
Micro coatings for moisture protection
Hot Melt for display assembly
CSP & PoP Underfill
Solder paste for RF shield attach & SIM card solder joints
Flip chip underfill for blue tooth module
Lens bonding & underfill for camera modules
Solder Paste & Silicone Encapsulation for MEMS microphones
Epoxy Flux, Liquid RF shielding
Test & inspection
Smart phones have many different fluid dispensing applications.
Dispensing solder paste for MEMs microphone attach
Flip chip underfill on blue tooth module
CSP and PoP underfill
Camera lens attach….and so on
But the application that is driving a large number of recent orders is precise coating, shown in the upper left
We will have 40 Mil dollars this year tied to SmartPhones in 2011
So I figured, how can I show you the detailed dispense application without tearing this thing apart
Next Slide

22. Growth Opportunities: MEMS
MEMs- micro electromechanical systems
Nordson opportunities in dispensing, test/inspection, plasma treatment 22

23. Growth Opportunities: LEDs Market Trend
March 2012
Dispensing for LEDs
Nordson opportunities in dispensing, test/inspection, plasma treatment 23

24. Growth: Nonwovens Trends Favor Nordson
Product Trends
Thinner - more discrete
Softer - more comfortable
Stretch - improves fit and performance
Fun - decorative printing
Gender specific designs
Production Trends
20% increase in production speed anticipated by 2015
Emerging Market Trends
(China, SE Asia, Latin America,…) forecasting at or near double-digit growth rates
Relatively low penetration of baby diapers and feminine care
Increasing incomes 24

25. Growth: Solid Trends in Plastic Processing
Source:
Plastics Machinery Aftmkt Parts CAGR 4.8%
Other CAGR 5.8%
Thermoforming and Other CAGR 6.6%
Construction CAGR 6.5%
Blow Molding Machinery CAGR 5.5%
Extrusion Machinery CAGR 6.5%
Consumer & Industrial CAGR 6.0%
Injection Molding Machinery CAGR 6.0%
Packaging CAGR 5.9%
CAGR : China 8.1%
CAGR : India 9.7%
CAGR : China 8.1%
CAGR : India 9.7% 25

26. Growth Opportunities: Medical
Biomaterial Dispensing
Dispensing syringes and components
Bleeding control
Wound healing
Bone graft material
Aesthetic devices
Medical Device Fluid Control
Fittings & components
Anesthesia equipment
Cardiovascular surgery equipment
Blood management equipment
Source: MedMarket Diligence, various 3rd party reports, Nordson internal estimates
Medical Device Assembly
Hearing Aids, Pacemakers
Catheters, Stents
Dental
Glucose Test Strips
Medical Electronics
Advanced Technology segment 26

27. Growth: Asia Pacific Sales 2006 to 2012
Company’s 43nd year of operation in Asia
Direct in China for 17 years
Percent of total revenue:
- 2006: %
- 2012: %
Asia Pacific Revenue
20% CAGR 27
Note: Nordson Asia Pacific sales exclude Japan, which is reported separately

28. Currency and Annual Sales Growth
'91 ’92 ’ 93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ‘12
$ (.10) (.11) (.19) (.20) .04 (.10) (.20) (.10) (.23) (.11) 28
Volume Growth
Currency Effect
EPS Currency Effect