#12023 Investor Presentation COVER THE EARTH SHERWIN-WILLIAMS.#2Pending#3Pending#4Pending#5Pending#6Pending#7Pending#8SHERWIN-WILLIAMS. Consumer Brands Group $2.7 billion 2022 Revenue STRATEGIC CHANNEL PARTNERS AND BRANDS GLOBAL REACH • North America • China • Europe LOWE'S ORGILL B&Q Walmart+ Doit MENARDS Best REV HOTV SHERWIN WILLIAMS EVERLAST Cabot GOL valspar SIGNATURE INTERIOR PAINT PRIMER Thompson's WaterSeal MINWAX WOOD FINISH KEY DIFFERENTIATORS Hero brands, premier channel partners, category management, training and field support, and digital leadership Purdy XLCUB RONSEAL 10 YEAR Woodstai SELF KRYLON FUSION 8#9Pending#10Pending#11Pending#12Pending#13Pending#14Pending#15Pending#16Pending#17Pending#18Sustainable Product Stewardship U 9K U9001 Lampbla Noir fun Negro de SHERWIN ProMar 400 KRYLON INDUSTRIAL 33.8 U.S. FL OZ (1.0 EcoSelect SAND CONS EXTRA TERIOR INTERIOR LAUR FLAT/MATEMAT WHITE/EXTRA BLANCO EXTRA BLANC 6503-67386 Cont. Net./Net Cont. 3.66 124 FL OZ (3% U.S. QT) 3.66 QUIK -MARK valPure Non-BPA Lining A WILLIAMS SuperPaint AIR PURIFYING WITH TECHNOLOGY WILLIAM POWDURA PBSB-C0000-C5D RYLIC L ED WARRA AT- SHERWIN SuperDeck FEATURING PREMIUM DUCKBACK TECHNOLOGY IR REFLECTIVE EXTERIOR WATERBORNE DECK STAIN SHERWIN WILLIAMS ProMar 200 HP ZERO VOC INTERIOR ACRYLIC -SOLID dh DUCKBACK Ultra 9KⓇ Waterborne Basecoat System EcoSelectⓇ Zero VOC Interior Latex ProMarⓇ 400 Zero VOC Primer Krylon Quik-TapT Reusable Spray Device AquaGuardⓇ Coating Solutions Zinc-Free & Water-Based valPureⓇ V70 Non-BPA Epoxy Powdura® ECO Powder Coatings Made from Recycled Plastic SuperPaint® Air Purifying Technology ProMarⓇ 200 HP Zero VOC Interior Latex SuperDeckⓇ Waterborne Exterior Solid Color Deck Stain SHERWIN-WILLIAMS. 18#19Pending#20Pending#21Returning Cash to Shareholders All Amounts Reflect March 31, 2021 Stock Split Dividends Per Share Share Repurchases $1.79 $1.51 $1.12 $1.13 $1.15 $0.89 $0.73 $0.67 $0.52 $2.20 $2.40 $273.2 $263.6 Shares 20.8 Avg. Price per Share $209.1 12.9 $134.1 11.7 10.7 $155.0 10.1 $92.9 5.0 4.6 $71.7 3.4 $59.6 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2013 2014 2015 2016** 2017** 2018 2019 2020 2021 2022 2022 Was The 44TH Consecutive Year Of Dividend Increases Over $10 Billion Invested Over Last Decade **No market purchases in 2016 and 2017 - focused on debt reduction following Valspar acquisition. SHERWIN-WILLIAMS. 21#22Comparison of Cumulative Five-Year Total Return $300 $250 $200 $150 $100 $50 $0 2017 2018 The Sherwin-Williams Company 2019 S&P 500 Index Peer Group 2020 2021 2022 SHERWIN WILLIAMS. Peer group of companies comprised of the following: Akzo Nobel N.V., Axalta Coating Systems Ltd., BASF SE, Genuine Parts Company, H.B. Fuller Company, The Home Depot, Inc., Lowe's Companies, Inc., Masco Corporation, Newell Brands Inc., PPG Industries, Inc., RPM International Inc., and Stanley Black & Decker, Inc. SHERWIN-WILLIAMS.#23Pending#24Pending#25Pending#26Pending#27Pending#28Pending#29Pending#30Pending#31Pending#32Pending#33Adjustments to Segment Profit GAAP to Adjusted Pre-Tax Income by Segment Consumer Brands Group ($ in millions) 2018 2019 2020 2021 2022 2018 2019 Performance Coatings Group 2020 2021 2022 Net external sales $ 2,739.1 $ 2,676.8 $ 3,053.4 $ 2,721.6 $ 2,690.7 $ 5,166.4 $ 5,049.2 $ 4,922.4 $ 6,003.8 $ 6,793.5 Segment profit (as reported) $ % of sales (as reported) 261.1 $ 9.5% 373.2 $ 13.9% 579.6 $ 19.0% 358.4 $ 13.2% 225.7 8.4% $ 452.1 $ 8.8% 379.1 $ 7.5% 500.1 $ 10.2% 486.2 $ 8.1% 734.9 10.8% Other adjustments Severance and other 22.2 Impairment Total other adjustments 25.6 5.1 15.5 $ $ 5.1 $ $ $ 41.1 $ $ 117.0 117.0 $ $ $ 22.2 Acquisition-related costs Acquisition-related amortization (1) 110.9 Total acquistion-related costs $ 110.9 $ 91.2 91.2 $ 90.5 90.5 $ 82.8 82.8 $ 76.2 76.2 $ 215.8 215.8 $ 215.5 215.5 $ 213.1 213.1 $ 211.2 211.2 $ 200.1 200.1 Segment Profit (Adjusted) $ % of sales (as adjusted) 372.0 $ 13.6% 469.5 $ 17.5% 670.1 $ 21.9% 441.2 $ 16.2% 343.0 $ 12.7% 667.9 $ 12.9% 711.6 $ 14.1% 713.2 $ 14.5% 697.4 11.6% $ 957.2 14.1% (1) Acquisition-related amortization expense consists primarily of the amortization of intangible assets related to the Valspar acquisition and is included in Amortization. SHERWIN-WILLIAMS. 33#34Pending#35Pending