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

Strategic repositioning and operational reset

• Portfolio simplified by selling the feminine care business, enabling focus on shave, sun, and personal care categories.

• Operational reset underway, including leadership restructuring and manufacturing consolidation in North America.

• Incremental investments in brand campaigns and advertising to drive growth and consumer engagement.

• North American business showing momentum with new leadership, simplified structure, and consistent share gains.

• International business delivers four consecutive years of mid-single digit growth, with strong leadership and execution.

Brand and market performance

• Five focus brands in North America (Schick, Billie, Hawaiian Tropic, Banana Boat, Cremo) supported by new campaigns and distribution gains.

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

• International shave business outperforms, with 74% of country-category combinations growing or holding share.

• European team returns to share gains and margin expansion; Greater China posts double-digit growth.

• Innovation and distribution expansion in grooming and sun care drive further international growth.

Margin expansion and productivity

• Fiscal 2026 gross margin expected to expand by 60 basis points, despite tariffs and inflation.

• Structural cost improvements and productivity efforts support margin recovery to pre-COVID levels by 2027-2028.

• Manufacturing consolidation in North America to unlock $50 million in savings and improve efficiency.

• Increased A&P spend to over 12% of sales, focused on brand building and ROI, with SG&A optimization targeted.

• Operating margin expected to improve as top-line growth and gross margin accretion continue.