#1BEHR DYNASTY SARE BrossGraft 1/4-Tum STOP BEHR DYNASTY P 10-KAN 8 BEHR DYNASTY ID-YEAR LECTECTION AD TERIORMENT O MASCO Third Quarter 2023 Earnings Presentation October 26, 2023 [F#2Safe Harbor Statement This presentation contains statements that reflect our views about our future performance and constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "outlook," "believe," "anticipate," "appear," "may," "will," "should," "intend," "plan," "estimate," "expect," "assume," "seek," "forecast," and similar references to future periods. Our views about future performance involve risks and uncertainties that are difficult to predict and, accordingly, our actual results may differ materially from the results discussed in our forward-looking statements. We caution you against relying on any of these forward-looking statements. Our future performance may be affected by the levels of residential repair and remodel activity, and to a lesser extent, new home construction, our ability to maintain our strong brands and to develop innovative products, our ability to maintain our public reputation, our ability to maintain our competitive position in our industries, our reliance on key customers, the cost and availability of materials, our dependence on suppliers and service providers, extreme weather events and changes in climate, risks associated with our international operations and global strategies, our ability to achieve the anticipated benefits of our strategic initiatives, our ability to successfully execute our acquisition strategy and integrate businesses that we have acquired and may in the future acquire, our ability to attract, develop and retain a talented and diverse workforce, risks associated with cybersecurity vulnerabilities, threats and attacks, risks associated with our reliance on information systems and technology and the impact of the ongoing COVID-19 pandemic on our business and operations. These and other factors are discussed in detail in Item 1A. "Risk Factors" in our most recent Annual Report on Form 10-K, as well as in our Quarterly Reports on Form 10-Q and in other filings we make with the Securities and Exchange Commission. Any forward-looking statement made by us speaks only as of the date on which it was made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Unless required by law, we undertake no obligation to update publicly any forward-looking statements as a result of new information, future events or otherwise. MASCO 2#3MASCO Kraus Agenda 1 Summary of Results 2 Financial/Operations Review 3 Q&A Keith Allman David Chaika Keith Allman David Chaika 3#41 Summary of Results Keith Allman MASCO#5Q3 2023 Review Top line decreased 10% with lower volumes partially offset by pricing actions Grew adjusted gross margin 430 bps to 35.8% Expanded adjusted operating profit margin 170 bps to 17.6% Achieved adjusted EPS growth of 1% to $1.00 per share Repurchased 0.8 million shares for $45 million Completed the strategic bolt-on acquisition of Sauna360 Group Oy Raising anticipated full year adjusted EPS guidance to $3.65 - $3.75 per share from $3.50 - $3.65 per share MASCO C 5#62 Financial / Operations Review David Chaika MASCO 10000 BEHR 1305 DEAD FL