Growing Organically Through Innovation and Commercial Excellence

RECONCILIATION BETWEEN GAAP AND NON-GAAP MEASURES INCLUDED IN 2023 OUTLOOK* As of November 1, 2023 Net Sales Fourth Quarter 2023 Full Year 2023 Reported net sales growth +3% to +8% +3% Forecasted impact of acquisition / FX (9)% (3)% Organic net sales growth -6% to -1% Flat Operating Margin Operating margin range Forecasted restructuring / other costs Adjusted operating margin range 14.0% to 14.6% 17.0% to 17.1% 1.0% 0.6% 15.0% to 15.6% 17.6% to 17.7% WWATTS WTS Investor Presentation | 24

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