Masco Corporation Investor Day

Cash Flow High EBITDA margin and 100% Free Cash Flow conversion $1,450 $1,400 $1,350 $1,300 $1,250 $1,200 $1,150 $1,100 EBITDA MARGIN EXCEEDS PEER SET ¹ 2016 ...... 2017 2018 Masco EBITDA Masco EBITDA Margin² Peer Group Avg. EBITDA Margin 18.0% 17.0% 16.0% 15.0% 14.0% 13.0% 12.0% 11.0% 10.0% 1. Peer group includes FBHS, SWK, PPG, SHW, MHK, JELD, WHR, OC. 2. See Appendix for Masco EBITDA and FCF GAAP reconciliation. Source: FactSet, company websites. STRONG FREE CASH FLOW CONVERSION $1,000 $900 $800 $700 $600 $500 $400 $300 $200 $100 2016 MASCO 2017 2018 Masco FCF Masco FCF Conversion² Peer Group Avg. FCF Conversion 120.0% 100.0% 80.0% 60.0% 40.0% 20.0% 6

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