Reece Group Strategy Update

H2 Outlook • • Anticipating subdued demand environment to continue; softening in ANZ. Medium to long term industry fundamentals remain supportive. • Reece approach remains unchanged. 22 22 • • Focus on customer proposition and being brilliant at the fundamentals. Disciplined approach to costs while maintaining customer proposition. • Investing through the cycle to build a stronger business. reec NIN THE reece Works for you. 00

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