Sherwin-Williams Financial and Demographic Overview

Consistent Capital Allocation CONSISTENT CAPITAL ALLOCATION PHILOSOPHY: WE WILL NOT HOLD CASH SHERWIN-WILLIAMS CAPEX Investment Modest Requirements (<2.0%] TARGET AS % OF SALES Dividend Target 30% of PY GAAP Earnings 41) | 41 CONSECUTIVE YEARS OF INCREASES Strategic M&A Clearly Defined Criteria Share Repurchase Absent Strategic M&A ( 14 14] ACQUISITIONS IN LAST DECADE 32 ] MILLION SHARES PURCHASED IN LAST DECADE 18

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