Growing Organically Through Innovation and Commercial Excellence slide image

Growing Organically Through Innovation and Commercial Excellence

BALANCED CAPITAL DEPLOYMENT Deployment History 2018-2022 $160 ~40% $69 Growth -60% $150 Returned to Shareholders $165 Priorities Strategic M&A Disciplined valuation / screening process Investing in High ROI Capex WWATTS ~70% of Capex invested in growth and productivity initiatives ■ Reinvestment ratio 100%+ Competitive Dividend ■ 9.1% 5-year CAGR through 2022 ■ Increased dividend 20% effective June 2023 to $1.44/share annual dividend, 0.8% yield 1 Stable Share Buyback ■ Offset stock dilution at minimum ■ New repurchase program announced in August 2023 for $150M M&A Capex Dividend ■Share Buyback Strong Cash Flow Generation Provides Flexibility 1 Yield as of 11/1/23 WTS Investor Presentation | 15
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