Investor Presentaiton

Mueller Water Products at a Glance History Founded more than 165 years ago • Spun off from Walter . Industries in 2006 Listed on NYSE (MWA) (June 2006) Divested U.S. Pipe . (April 2012) • Divested Anvil (January 2017) Acquired Singer Valve (February 2017) Acquired Krausz Industries (December 2018) $1.3B Net Sales (LTM Q3 FY2023) $327.4M Highlights (1) Capital Expenditures (5-Year FY18-FY22) $574.9M Cash Flow from Operations (5-Year FY18-FY22) $306.3M $185.3M Adjusted EBITDA (LTM Q3 FY2023) 14.2% Adjusted EBITDA % of Net Sales (LTM Q3 FY2023) $247.5M Free Cash Flow (5-Year FY18-FY22) 1.7x Rest of World Geography (2) (% of Consolidated Net Sales) Segments (2,3) (% of Consolidated Net Sales) Canada United States Products (2) (% of Consolidated Net Sales) Net Debt (June 30, 2023) Net Debt to Adjusted EBITDA (June 30, 2023) Hydrants & Gate Valves 3,600 11 Manufacturing Facilities . Acquired i20 Water (June 2021) Employees Worldwide 5 R&D Centers Brass Products Water Flow Solutions Water Management Solutions End Markets (2) (% of Consolidated Net Sales) ....Specialty Valves Technology- Enabled Repair 60-65% Repair and replacement of municipal water systems 25-30% Residential construction <10% Natural gas utilities (1) See Appendix for reconciliation of non-GAAP measures to their corresponding GAAP measures. (2) Consolidated net sales Information for geography, segments, products and end markets based on FY2022 information and estimates. (3) Water Flow Solutions includes iron gate valves, specialty valves and service brass products. Water Management Solutions includes fire hydrants, repair and installation, natural gas, metering, leak detection, pressure control and software products. MUELLER 4

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