Reliance Worldwide Corp. Ltd. · ASX:RWC
Reliance Worldwide — Shareholder Meeting (October 2026)
30 slides from Reliance Worldwide's shareholder meeting presentation, Oct 23, 2026
Slide 1: Chairman's and CEO's Addresses to Annual General Meeting
For personal use only ASX Announcement 23 October 2026 CHAIRMAN’S AND CHIEF EXECUTIVE OFFICER’S ADDRESSES TO ANNUAL GENERAL MEETING Attached are the following documents to be presented at the Annual General Meeting (AGM) of Reliance Worldwide Corporation Limited which is being held at 10.00am today
Slide 2: Chairman's address: Introduction
1 ANNUAL GENERAL MEETING Friday 23 OCTOBER 2026 INTRODUCTION For personal use only Russell Chenu, Chairman Slide 1 Good morning, ladies and gentlemen. My name is Russell Chenu. As Chair of Directors, I welcome all shareholders and guests to the 2026 annual general meeting of Reliance Worldwide Corpo
Slide 3: Chairman's address: Financial performance, cash flow and distributions
2 While the financial result was a ected by these headwinds, RWC remained resilient. Highlights were our strong cash flow, reduced net debt, advancing our product pipeline and manufacturing footprint, and continuing to build the foundations for long-term growth. For personal use only Slide 5: Financia
Slide 4: Chairman's address: Health and safety, board composition
3 During the year, we continued to strengthen our safety culture through frontline engagement, clearer reporting, stronger controls and practical tools that help teams identify and address risks early. Our goal remains simple and deeply important: that everyone goes home safely at the end of each da
Slide 5: CEO's address: FY2026 overview and Americas
4 Let me now hand over to Heath Sharp to discuss the FY2026 year more fully. For personal use only Heath Sharp, Chief Executive O icer Thank you, Russell, and good morning, everyone. Slide 12: FY2026 Overview Looking back on FY2026, RWC performed with discipline through a di icult trading environmen
Slide 6: CEO's address: UK, Poland facility and outlook
5 The UK remained challenging, with lower residential repair and remodel and new construction activity. However, we continued to invest in customer service and product availability, because being easier to do business with is central to our customer proposition. The new assembly facility in Poland r
Slide 7: Brookfield Proposal
6 Slide 17: Brookfield Proposal Thank you, Heath. I would now like to discuss the Brookfield proposal and explain the three key phases of RWC’s For personal use only engagement with Brookfield so far: the initial Process Deed announced on 18 August, the binding Scheme Implementation Deed signed on 16 S
Slide 8: Brookfield Proposal: Scheme and Go Shop
7 After considering RWC’s strategic position, long-term growth opportunities, cash generation, execution risks and the broader macroeconomic and geopolitical environment, the Directors unanimously recommended that shareholders vote in favour of the Scheme. That recommendation was, and remains, subje
Slide 9: 2026 Annual General Meeting
rsonal use only 2026 Annual General Meeting 23 October 2026 RELIANCE WORLDWIDE CORPORATION LIMITED ABN 46 610 855 877
Slide 10: Important Notice
Important Notice This presentation contains general information about the activities of Reliance Worldwide Corporation Limited and its operati ng 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 i
Slide 11: RWC Board of Directors
RWC Board of Directors rsonal use only Russell Chenu Heath Sharp Christine Bartlett Mike Ferraro Non-Executive Chairman Chief Executive Officer Independent Non-Executive Independent Non-Executive Director Director Darlene Knight Ian Rowden Brad Soller Independent Non-Executive Independent Non-Execut
Slide 12: Chairman's address
rsonal use only Chairman’s address Russell Chenu 4
Slide 13: FY2026 Financial Performance
FY2026 Financial Performance All figures in US$ rsonal use only Net sales -0.7% versus pcp1 $1,305.6 Underlying sales +1.5% versus million pcp2 Adjusted NPAT -15.3% on pcp $125.1 Reported NPAT $6.3m million -12.8% on pcp Adjusted EBITDA $242.1 Adjusted EBITDA margin: 18.5%3 million 1 Growth rates ex
Slide 14: FY2026: Significant reduction in net debt and leverage
FY2026: Significant reduction in net debt and leverage rsonal use only Debt metrics US$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 2 Net debt / EBITDA 1.11x 1.30x 1 Net debt excludes lease liabilities 6 2 Net debt/12-month trailing EBITDA ad
Slide 15: FY2026 Shareholder Distributions
FY2026 Shareholder Distributions FY26 Interim FY26 Final FY26 Total FY25 Total US$m CPS 1 US$m CPS 1 US$m CPS 1 US$m CPS 1 ▪ No final dividend or distribution rsonal use only declared due to receipt of Total Distribution Amount 30.7 4.0 - 0.0 30.7 4.0 78.0 10.0 unsolicited non-binding indicative pro
Slide 16: Health & Safety
Health & Safety rsonal use only Reportable Injury Frequency Rate1 6.0 5.0 5.49 5.17 4.0 3.0 3.48 3.49 2.0 2.42 1.0 0.0 FY2022 FY2023 FY2024 FY2025 FY2026 1 All recorded lost time injuries plus other injuries requiring medical treatment per one million hours worked 8
Slide 17: RWC Board of Directors
RWC Board of Directors rsonal use only Russell Chenu Heath Sharp Christine Bartlett Mike Ferraro Non-Executive Chairman Chief Executive Officer Independent Non-Executive Independent Non-Executive Director Director Darlene Knight Ian Rowden Brad Soller Independent Non-Executive Independent Non-Execut
Slide 18: Sustainability: FY2026 Highlights
Sustainability: FY2026 Highlights rsonal use only GHG Scope 1 & 2 Results1 50,000 45,000 40,000 42% 5% Net 35,000 Further Emissions (tCO2-e) 30,000 Reduction achieved reduction in Zero 25,000 5 years FY2026 Commitment 20,000 ahead of versus by 2050 15,000 target FY2025 10,000 5,000 0 FY2021 FY2022 F
Slide 19: Remuneration
Remuneration ▪ Strong shareholder support for the FY26 Remuneration Report rsonal use only ▪ 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 pro
Slide 20: CEO's address
rsonal use only CEO’s address Heath Sharp 12
Slide 21: FY26 Overview
FY26 Overview Significant progress with strategic initiatives while managing short term market headwinds rsonal use only Strong cash Financial flow Significant Manufacturing performance performance progress with footprint impacted by weak enabled major product optimisation end markets, US significan
Slide 22: Segment results: Americas
Segment results: Americas Underlying sales up 1.4%; reported net sales impacted by tariff and customer incentive accounting rsonal use only Americas US$m FY26 FY25 % Change Net Sales 824.8 858.9 (4.0%) 1 Adjusted EBITDA 161.4 182.3 (11.5%) Adjusted EBITDA margin (%) 19.6% 21.2% (160bps) 1 Adjusted E
Slide 23: Segment results: Asia Pacific
Segment results: Asia Pacific Sales up 5% in local currency, with growth in both RWC and Holman categories rsonal use only Asia Pacific A$m FY26 FY25 % Change Net Sales 440.4 419.5 5.0% 1,2 Adjusted EBITDA 29.1 39.7 (26.7%) Adjusted EBITDA margin (%) 6.6% 9.5% (290bps) Adjusted EBIT1,2 3.0 13.5 (77.
Slide 24: Segment results: EMEA
Segment results: EMEA Reported sales up 0.2%; underlying external sales down 1.8% in local currency rsonal use only 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) 1,2 Adjusted EBIT 38.9 45.5 (14.5%) Adjuste
Slide 25: Outlook for FY2027
Outlook for FY20271 Consolidated group trading outlook for FY2027 reconfirmed rsonal use only ▪ Demand conditions remain mixed and customers continue to manage inventory tightly Americas ▪ Expect external sales to be up, driven by new product revenues, price realisation and selected customer initiat
Slide 26: Long-term growth
Long-term growth RWC is well prepared and ideally positioned to capitalise as volumes recover rsonal use only Strong leadership in the Regions and at the Centre, with global alignment on Talent priorities Strong channel partnerships, based on value creation Differentiated proposition Industry leadin
Slide 27: Our Vision: The complete plumbing global leader
Our Vision | The complete plumbing global leader Everything for rsonal use only back-of-wall plumbing… The most extensive portfolio of plumbing products and across new systems... aimed at both construction, Residential and repair and Commercial remodel... ...distributed end markets... through wholes
Slide 28: Overview of Brookfield offer process
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 rsonal use only due diligence, followed by a 31-day “Go Shop” agreed for a binding deal.
Slide 29: General Discussion Q&A
rsonal use only General Discussion Q&A 21
Slide 30: Plumbing matters. We make it better.
ersonal use only Plumbing matters. We make it better.
Reliance Worldwide — Shareholder Meeting (October 2026) on 6ix