WTS Investor Presentation

BALANCED CAPITAL DEPLOYMENT Deployment History 2017-2021 $108 $151 -47% 47% Growth $69 Growth ~53% Returned to Shareholders $157 WWATTS Priorities Strategic M&A Disciplined valuation / screening process Investing in High ROI Capex ■ ~70% of Capex invested in growth and productivity initiatives. ■ Reinvestment ratio 100%+ Competitive Dividend 7.3% 5-year CAGR through 2021 ■ $1.20/share annual dividend, 0.9% yield 1 Stable Share Buyback ■ Offset option dilution at minimum M&A Capex Dividend ■Share Buyback Strong Cash Flow Generation Provides Flexibility WTS Investor Presentation | 17 1 Yield as of 5/3/22.

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