Trian Partners Activist Presentation Deck

Ferguson Has Delivered Differentiated Organic Growth... Organic Sales Growth CAGRS (Last 5 Fiscal Years) 8.3% 7.4% 6.6% FASTENALFERGUSON POOLCORP US Segment 90% of Ferguson's EBITDA 6.3% HOME DEPOL 5.5% 5.4% 4.5% 4.2% SUPPLY SiteOne Lowe's Watsco FM(1) LANDSCAPE SUPPLY Stronger Together COOLING THE AMERICAS Specialty, RMI-Oriented Broadline Industrial MRO Home Improvement Retail 4.0% Beacon 3.4% Source: Company filings. (1) Represents HD Supply Facility Maintenance business (~60% EBITDA) and excludes Construction & Industrial business (not comparable to Ferguson). 2.7% GRAINGER MSC FOR THE ONES WHO GET IT DONE BUILT TO MAKE YOU BETTER" 17

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