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2026 Annual General Meeting 23 October 2026 RELIANCE WORLDWIDE CORPORATION LIMITED ABN 46 610 855 877
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2 Important Notice This presentation contains general information about the activities of Reliance Worldwide Corporation Limited and its operating businesses at the date of presentation (23 October 2026). It is information given in summary form and does not purport to be complete. It should be read in conjunction with Reliance Worldwide Corporation Limited’s periodic reporting and other announcements made to the ASX. The presentation is not an offer or invitation for subscription or purchase of or a recommendation of securities in any jurisdiction. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice, when deciding if an investment is appropriate. Information, including forecast information, in this presentation should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or other instruments in Reliance Worldwide Corporation Limited. Due care and attention has been used in the preparation of forecast information. However, actual results may vary from forecasts and any variation may be materially positive or negative. Forecasts by their very nature are subject to uncertainty and contingencies many of which are outside the control of Reliance Worldwide Corporation Limited. Past performance is not a reliable indication of future performance. Except as required by applicable regulations or laws, Reliance Worldwide Corporation Limited does not undertake any obligation to publicly update or review any forward-looking statements whether as a result of new information or future events. The information in this presentation remains subject to change without notice. Circumstances may change and the contents of this presentation may become outdated as a result. Reliance Worldwide Corporation Limited uses non-IFRS measures such as EBITDA, Adjusted EBITDA, Adjusted EBIT and Adjusted NPAT to assess operating performance. These non-IFRS measures have not been subject to audit or audit review. Please refer to the Results Announcement dated 18 August 2026 for further detail on these non-IFRS measures.
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3 RWC Board of Directors Heath Sharp Chief Executive Officer Russell Chenu Non-Executive Chairman Mike Ferraro Independent Non-Executive Director Christine Bartlett Independent Non-Executive Director Ian Rowden Independent Non-Executive Director Darlene Knight Independent Non-Executive Director Brad Soller Independent Non-Executive Director
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4 Chairman’s address Russell Chenu
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FY2026 Financial Performance All figures in US$ 5 Net sales $1,305.6 million Adjusted EBITDA million Adjusted NPAT $125.1 million -15.3% on pcp Reported NPAT $6.3m -12.8% on pcp Adjusted EBITDA margin: 18.5%3$242.1 -0.7% versus pcp1 Underlying sales +1.5% versus pcp2 1 Growth rates expressed as change over prior comparative period for the year ended 30 June 2025 2 Underlying constant currency net sales were 1.5% higher after adjusting for US tariff refund provisions, customer incentive reclassifications, the Canadian low -margin product exit and the sale of Spanish manufacturing 3 Excluding gain on sale of French warehouse, APAC restructuring costs and impairments
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6 FY2026: Significant reduction in net debt and leverage 1 Net debt excludes lease liabilities 2 Net debt/12-month trailing EBITDA adjusted for leases Debt metrics US$m 30-Jun-26 30-Jun-25 Cash and cash equivalents 28.6 25.4 Gross debt 272.0 357.0 Net debt1 243.4 331.6 Net debt / EBITDA2 1.11x 1.30x
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FY2026 Shareholder Distributions Distribution Policy ▪ RWC’s intention is to distribute between 40% and 60% of annual NPAT ▪ The total distribution amount for a period will be allocated approximately 50% to cash dividends and 50% to on-market share buy- backs ▪ Policy reflects the desire of some investors to continue receiving cash dividends while also enabling a capital management strategy utilising on-market share buy-backs that will be value accretive for shareholders 7 FY26 Interim FY26 Final FY26 Total FY25 Total US$m CPS1 US$m CPS1 US$m CPS1 US$m CPS1 Total Distribution Amount 30.7 4.0 - 0.0 30.7 4.0 78.0 10.0 - Dividend 15.3 2.0 - 0.0 15.3 2.0 39.0 5.0 - On-market Share Buyback 15.3 2.0 - 0.0 15.3 2.0 39.0 5.0 Dividend Paid/Payable in A$ 2.8206 - 2.8206 7.804 Dividend Franked Amount 0% 0% 0% 0% ▪ No final dividend or distribution declared due to receipt of unsolicited non-binding indicative proposal from Brookfield ▪ If Brookfield transaction does not proceed RWC intends to consider declaring and paying a dividend and/or recommencing the share buy- back in calendar 2027 out of FY26 earnings 1. Cents per share
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Health & Safety 8 5.17 5.49 3.48 3.49 2.42 0.0 1.0 2.0 3.0 4.0 5.0 6.0 FY2022 FY2023 FY2024 FY2025 FY2026 Reportable Injury Frequency Rate1 1 All recorded lost time injuries plus other injuries requiring medical treatment per one million hours worked
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9 RWC Board of Directors Heath Sharp Chief Executive Officer Russell Chenu Non-Executive Chairman Mike Ferraro Independent Non-Executive Director Christine Bartlett Independent Non-Executive Director Ian Rowden Independent Non-Executive Director Darlene Knight Independent Non-Executive Director Brad Soller Independent Non-Executive Director
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Sustainability: FY2026 Highlights 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Emissions (tCO 2-e) GHG Scope 1 & 2 Results1 Scope 1 Scope 2 42% Reduction Target 10 10 42% Reduction achieved 5 years ahead of target 5% Further reduction in FY2026 versus FY2025 Net Zero Commitment by 2050 1 Data restated with Holman acquisition, divestment of Spanish manufacturing operations, and methodology improvements using a new sustainability management system.
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Remuneration ▪ Strong shareholder support for the FY26 Remuneration Report ▪ Shareholder feedback has been useful in our ongoing review of remuneration governance and the remuneration framework ▪ We will continue to : o engage constructively with shareholders and proxy advisers o provide clear disclosure on remuneration outcomes o ensure that executive remuneration remains linked to operational performance and the creation of sustainable shareholder returns 11
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12 CEO’s address Heath Sharp
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13 FY26 Overview Significant progress with strategic initiatives while managing short term market headwinds Strong cash flow performance enabled significant reduction in net debt Weak end markets in the US and UK adversely impacted volumes US tariffs impactedoperating earnings and margins Input cost inflation also impacted margins Significant progress with major product initiatives Financial performance impacted by weak end markets,US tariffs Manufacturing footprint optimisation advancing at pace Accessory products in stainless-steel already rolling into catalogue Major transition projects underway: ▪ New stainless-steel products expected to be in market from first quarter of calendar 2027 ▪ Planning and product development for additional stainless-steel product ranges Ramp up of production in new Poland facility delivered 1.2 million fittings in June 2026 Restructuring of APAC’s manufacturing base to optimise for the future operating model Implementation of new plant in Mexico progressing well, expected to be operational by the end of 2026 T ariffs resulted in higher inventory balances but were offset by strong working capital management Strong operating cash flow generation enabled further reduction in net debt
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Segment results: Americas 14 Underlying sales up 1.4%; reported net sales impacted by tariff and customer incentive accounting Americas US$m FY26 FY25 % Change Net Sales 824.8 858.9 (4.0%) Adjusted EBITDA1 161.4 182.3 (11.5%) Adjusted EBITDA margin (%) 19.6% 21.2% (160bps) Adjusted EBIT1 125.3 147.6 (15.1%) Adjusted EBIT margin (%) 15.2% 17.2% (200bps) 1 Prior to elimination of profits made on inventory sales between segments
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Segment results: Asia Pacific 15 Sales up 5% in local currency, with growth in both RWC and Holman categories Asia Pacific A$m FY26 FY25 % Change Net Sales 440.4 419.5 5.0% Adjusted EBITDA1,2 29.1 39.7 (26.7%) Adjusted EBITDA margin (%) 6.6% 9.5% (290bps) Adjusted EBIT1,2 3.0 13.5 (77.8%) Adjusted EBIT margin (%) 0.7% 3.2% (250bps) 1 Refer to Slide 16 of FY26 Results Presentation for details of one -off costs, EBITDA and EBIT adjustments 2 Prior to elimination of profits made on inventory sales between segments
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Segment results: EMEA 16 Reported sales up 0.2%; underlying external sales down 1.8% in local currency 1 Refer to Slide 16 of FY26 Results Presentation for details of one -off costs, EBITDA and EBIT adjustments 2 Prior to elimination of profits made on inventory sales between segments EMEA £m FY26 FY25 % Change Net Sales 193.6 200.5 (3.4%) Adjusted EBITDA1,2 51.2 57.7 (11.3%) Adjusted EBITDA margin (%) 26.4% 28.8% (240bps) Adjusted EBIT1,2 38.9 45.5 (14.5%) Adjusted EBIT margin (%) 20.1% 22.7% (260bps)
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Outlook for FY20271 17 Consolidated group trading outlook for FY2027 reconfirmed Americas APAC EMEA Consolidated ▪ Demand conditions remain mixed and customers continue to manage inventory tightly ▪ Expect external sales to be up, driven by new product revenues, price realisation and selected customer initiatives ▪ Ongoing increases in copper costs will demand additional pricing actions ▪ Continuing to navigate through a significant transition following the exit of Melbourne metals manufacturing operations ▪ External sales are expected to grow, driven by price increases, new products, channel growth and market share initiatives across both RWC and Holman ▪ Expect UK market conditions to be more challenging for longer, particularly in residential repair and remodel, and new construction ▪ Continental Europe expected to benefit from growth initiatives in markets including Germany and France ▪ Consolidated external sales expected to be up by mid to high-single digit percentage points on pcp ▪ Adjusted EBITDA margin expected to be broadly consistent with FY26 ▪ No significant improvement in economic conditions expected in FY 27 ▪ Geopolitical events and US trade policy expected to continue to impact input costs, interest rates and consumer demand 1 Key assumptions for FY27 are set out in the Operating and Financial Review dated 18 August 2026
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Long-term growth 18 Talent Differentiated proposition Clear strategy Well invested Supportive macro drivers Strong balance sheet RWC is well prepared and ideally positioned to capitalise as volumes recover Strong leadership in the Regions and at the Centre, with global alignment on priorities Strong channel partnerships , based on value creation Industry leading brands , recognised for innovation and service Product innovation : incremental updates and range extensions, disruptive new products that improve the industry Customer experience: improved delivery performance, broader product availability Operational excellence: lowest cost of manufacture, robust supply chain Tremendous leverage enabled by available manufacturing capacity delivered through capital investment since 2021 Growth runway is large in all major markets driven by long term under - construction, pent-up R&R demand and ageing housing stock Strong balance sheet to facilitate growth as well as shareholder returns through buybacks and dividends
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Everything for back-of-wall plumbing… Our Vision | The complete plumbing global leader The most extensive aimed at both Residential and Commercial end markets... across new construction, repair and remodel... ...distributed through wholesale, retail and OEM channels. 19 portfolio of plumbing products and systems...
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Overview of Brookfield offer process 18 August: RWC Enters Process Deed with Brookfield Capital Partners ▪ A$4.75 per share indicative offer, a 31.6% premium to the 17 August close. 28-day exclusivity period for due diligence, followed by a 31-day “Go Shop” agreed for a binding deal. 16 September: RWC enters into a Scheme Implementation Deed ▪ Offer amended to US$3.38 cash per share for 100% of RWC. Shareholders can elect US or Australian dollars, with the Australian dollar amount set at the prevailing rate before implementation. 16 October: “Go Shop” market-test outcome ▪ Solicited alternative proposals from other interested parties ▪ No superior proposal received following the 31 Day “Go Shop” process. ▪ Go Shop ensured a full and fair market testing of the Brookfield offer RWC Board reaffirms its unanimous recommendation of the Brookfield Offer ▪ RWC Board unanimous support is subject to no superior proposal and the Independent Expert concluding, and continuing to conclude, that the Scheme is in shareholders’ best interests. ▪ Scheme Booklet and Independent Expert’s Report expected in the first half of November, with a vote in early to mid December. Implementation requires approvals and satisfaction or waiver of conditions.
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General Discussion Q&A 21