Third Quarter 2023 Earnings Presentation

Q3 2023 Review Top line decreased 10% with lower volumes partially offset by pricing actions Grew adjusted gross margin 430 bps to 35.8% Expanded adjusted operating profit margin 170 bps to 17.6% Achieved adjusted EPS growth of 1% to $1.00 per share Repurchased 0.8 million shares for $45 million Completed the strategic bolt-on acquisition of Sauna360 Group Oy Raising anticipated full year adjusted EPS guidance to $3.65 - $3.75 per share from $3.50 - $3.65 per share MASCO C 5

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