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ECOLAB News Release ● ECOLAB SECOND QUARTER REPORTED DILUTED CONTINUING OPERATIONS EPS $ 1.08 ; ADJUSTED DILUTED CONTINUING OPERATIONS EPS $ 1.22 , + 88 % ● SECOND QUARTER HIGHLIGHTS : Strong second quarter results leveraged recovering markets with new business wins and new products to deliver double - digit sales and earnings growth . ● ● Michael J. Monahan Nate Brochmann Andrew C. Hedberg ● ( 651 ) 250-2809 ( 651 ) 250-3837 ( 651 ) 250-2185 Reported sales from continuing operations + 18 % versus last year . Acquisition adjusted fixed currency sales + 12 % as strong growth in the Institutional & Specialty and Other segments along with good Industrial segment growth more than offset the Healthcare & Life Sciences segment's modest decline versus a very strong gain last year . Reported operating margins from continuing operations +710 bps . Acquisition adjusted fixed currency operating margin also showed strong expansion , +420 bps , led by the Institutional & Specialty segment . Reported diluted EPS from continuing operations $ 1.08 , + 145 % versus last year . Adjusted diluted EPS from continuing operations , excluding special gains and charges and discrete tax items , were $ 1.22 , + 88 % versus last year ; the strong increase reflects volume increases , accelerating pricing in excess of higher delivered product costs and lower bad debt expense which more than offset increased variable compensation and Texas freeze impacts . As expected , the Texas freeze is estimated to have had an unfavorable $ 0.05 per share impact . ( unaudited ) ( millions , except per share ) Net sales Operating income Net income from continuing operations attributable to Ecolab Cash flow from operating activities remained strong in the quarter at $ 503 million ; free cash flow was $ 360 million , + $ 130 million versus last year . Diluted earnings per share from continuing operations attributable to Ecolab Net sales Operating income Reported Public Currency Rates 2021 2020 $ 3,162.7 $ 2,685.7 447.8 310.8 $ 1.08 Second Quarter Ended June 30 1 192.0 128.9 $ 0.44 Fixed Currency Rates 2021 2020 $ 2,814.3 $ 3,179.4 450.1 211.5 % Change 18 % Exhibit 99.1 133 % 141 % 145 % % Change 13 % 113 % Adjusted Public Currency Rates 2021 2020 $ 3,162.7 $ 2,685.7 469.1 352.6 $ 1.22 288.4 189.7 $ 0.65 Adjusted Fixed Currency Rates 2021 2020 $ 3,179.4 $ 2,814.3 471.4 307.9 % Change 18 % 63 % 86 % 88 % % Change 13 % 53 %