Edgewell Personal Care Company (EPC) 47th Annual Raymond James Institutional Investor Conference summary

Strategic repositioning and portfolio focus

• Divested the feminine care business to focus on core shave, sun, and personal care categories, leveraging technology, IP, and global scale in these areas.

• Simplified leadership and operational structure, consolidating business units and streamlining decision-making for agility and efficiency.

• Increased investment in brand campaigns and advertising, particularly in North America, to drive consumer engagement and share growth.

• Achieved 18 consecutive weeks of unit share growth in North America, with all categories participating.

• Improved retailer relationships and gained category captaincy in sun care, leading to better distribution and shelf presence.

International growth and learnings

• International accounts for about half of sales, with four consecutive years of mid-single digit growth, primarily in shave.

• Winning or holding share in over 80% of international country-category combinations, with strong leadership and in-market execution.

• European business has shifted from share decline to gains, while Greater China and Japan show double-digit growth and innovation-driven expansion.

• Applying successful international playbook to North America for future growth.

Margin expansion and operational efficiency

• Expecting 60 basis points gross margin expansion in fiscal 2026, despite $25 million net tariffs, driven by productivity and supply chain efficiency.

• Structural cost improvements and wet shave manufacturing consolidation projected to deliver 200 basis points of gross savings over two years.

• New greenfield manufacturing site consolidates four legacy plants, unlocking $50 million in savings and improving competitiveness.

• Operating margins supported by increased A&P investment and targeted SG&A reductions post-portfolio streamlining.