Somnigroup International Inc. · NYSE:SGI

Somnigroup International — Tempur Sealy International — Merger or Acquisition (April 2019)

10 slides from Somnigroup International's merger presentation, Apr 1, 2019

1. Slide 1: Sleep Outfitters (iMS) and Tempur Sealy

   Sleep Outfitters (iMS) and Tempur Sealy April 1, 2019 © 2019 Tempur Sealy International, Inc.

2. Slide 2: Sleep Outfitters

   Sleep Outfitters(1)  Background: Independently owned from 1983- 2019;Sleep acquired by Outfitters Tempur Sealy April 2019  Headquarters: Lexington, KY  Regional Branding: Sleep Outfitters, Mattress Warehouse, Mattress King  Major Brands Sold: Tempur, Sealy, Stearns & Foster  Annualized Retail R

3. Slide 3: Highlights

   Highlights  Concentrated footprint  KY, TN, OH, WV, AL Lexington, KY  98 store doors  6 warehouses  Access to Tempur Sealy programs, products and services will be made available on the same terms as similarly-sized, third-party retail partners  Success will be evaluated on a standalone basis 3

4. Slide 4: Company-Owned North American Retail Strategy

   Company-Owned North American Retail Strategy High-End Targeted Opportunity Broad Based Opportunity – Strategic Representation Sleep Outfitters: o Regional bedding retailer that is strategically important to the markets it serves for TSI o High market share for TSI brands within footprint o Tempur, S

5. Slide 5: Retail Strategies Serve Different Consumer Needs

   Retail Strategies Serve Different Consumer Needs Consumers have broad based access to Tempur Sealy products, whether that consumer seeks low-touch, convenient purchases or premium, high-touch experiences at retail. (3) High Retail Stores Seek RSA expertise TSI’s retail strategy is focused on meeting

6. Slide 6: Acquisition Details and Transaction Financial Profile

   -Tempur Sealy International (TSI) was debtor-in-possession (DIP) lender and Acquisition “stalking horse” bidder -Asset purchase transaction was approved by Bankruptcy Court and closed Details on April 1, 2019 -Will be consolidated into TSI results beginning April 1, 2019 -Expected annual retail reve

7. Slide 7: Phases

   Phases 1 2 3 Establish Sleep Focus on improving Evaluate our Outfitters as a sales volume, long-term profitable entity – margins, and involvement Completely separate determine steady - Hold from the wholesale state profitability - Grow business unit - Franchise - Sell 7 © 2019 Tempur Sealy Internati

8. Slide 8: 8 © 2019 Tempur Sealy International, Inc.

   8 © 2019 Tempur Sealy International, Inc.

9. Slide 9: Forward-Looking Statements

   Forward-Looking Statements This investor presentation contains statements that may be characterized as “forward-looking” within the meaning of the federal securities laws. Such statements might include information concerning one or more of Tempur Sealy International, Inc.’s (the “Company”) plans, ob

10. Slide 10: Footnotes

    Footnotes 1. In this presentation, “iMS” refers to Innovative Mattress Solutions, LLC, a Delaware limited liability company; “Tempur Sealy,” “TSI” or the “Company” each refers to Tempur Sealy International, Inc., a Delaware corporation and its subsidiaries (as the context requires); and “Sleep Outfi

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