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Investor Presentaiton

Segment Results and Reconciliation of Non-GAAP to GAAP Performance Measures (UNAUDITED) สล (1) (2) (3) Net income Income tax expense (3) Interest expense, net (3) Pension benefit other than service (3) Operating income (loss) Warranty charge (2) Strategic reorganization and other charges (1) Adjusted operating income (loss) Pension benefit other than service Depreciation and amortization Adjusted EBITDA Adjusted operating margin Adjusted EBITDA margin Reconciliation of free cash flow to net cash provided by operating activities: Net cash provided by operating activities Less capital expenditures Free cash flow Water Flow Solutions Nine months ended June 30, 2022 Water Management Solutions Corporate (dollars in millions, except per share amounts) Consolidated $ 69.5 20.4 13.0 (2.9) $ 104.8 $ 35.1 $ (39.9) 100.0 4.5 4.5 0.2 3.4 3.6 104.8 39.8 (36.5) 108.1 2.9 2.9 $ 22.5 127.3 22.2 0.2 44.9 $ 62.0 $ (33.4) $ 155.9 19.6% 23.8 % 10.4 % 16.3 % Strategic reorganization and other charges includes expenses associated with the Albertville tragedy and restructuring activities. The Company recorded a charge of $4.5 million in connection with its warranty obligations. The Company does not allocate interest, income taxes or pension benefit (expense) other than service to its segments. 11.8% 17.0 % $ 20.5 36.7 $ (16.2) MUELLER 35
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