Somnigroup International Inc. · NYSE:SGI

Somnigroup International — Investor Day (March 2026)

91 slides from Somnigroup International's investor day presentation, Mar 4, 2026

  1. Slide 1: Investor Day

    ® SOMNIGROUP Investor Day March 4, 2026

  2. Slide 2: Scott Thompson

    Scott Thompson Chief Executive Officer 2

  3. Slide 3: Agenda

    Scott Thompson Chairman, President and Chief Executive Officer Cliff Buster Chief Executive Officer, Tempur Sealy Hansbart Wijnand Executive Vice President, International, Tempur Sealy Steve Rusing President and Chief Executive Officer, Mattress Firm Agenda Break Tom Murray Executive Vice President

  4. Slide 4: Investment Thesis: The Stage Is Set – the Best Is Yet to Come

    Global Scale, Vertical Integration: World’s largest bedding company with leading, end-to-end capabilities from design and manufacturing to retail Omnichannel Reach & Iconic Brands: Portfolio of trusted brands and products, reaching consumers wherever they shop – online, in 2,800+ stores, and through

  5. Slide 5: Leading global bedding manufacturer, U.S. and UK retailer

    High-level Strategic Direction | Corporate Governance | Capital Allocation Leading global Leading U.S. Leading UK bedding manufacturer bedding retailer bedding retailer Tactical Go-to-market Strategy | Operational Excellence | Passionate Customer Service 5

  6. Slide 6: Somnigroup: Facts and Figures

    Somnigroup: Facts and Figures Present in 2,100+ owned stores UK’s leading $7.7B 100+ markets across 46 U.S. states bedding retailer with 225+ stores 2025 sales2 70+ 5,400+ production facilities Sleep Experts Vertically $1.3B 425+ Retails all leading integrated manufacturing 2025 adjusted EBITDA3 ret

  7. Slide 7: Industry-leading Management

    Industry-leading Management Scott Bhaskar Rao Cliff Buster Scott Vollet Hansbart Steve Rusing Doug Manko Katie Curtis Jonathan Petra Thompson EVP, CFO CEO EVP, Global Wijnand President, CFO EVP, Hirst Kasperova CEO Operations EVP, CEO Information CEO CFO International Technology David Tom Murray Bre

  8. Slide 8: Our Mission and Vision

    Our Mission and Vision MISSION VISION Be every customer's choice for better sleep Transform how the world sleeps by advancing innovation and expertise We have sold over 300 million sleep products in the last decade to help improve the health of people worldwide 8

  9. Slide 9: State of the Industry Today

    State of the Industry Today U.S. Produced Mattress Units1 Allocation of U.S. Industry Ad Spend5 2023-2025 demand was below Great Industry-wide reductions in upper funnel advertising Recession demand trough spend have constrained consumer awareness 25.0 24.3 24.7 7.5% 24.1 23.6 24.0 23.5 23.5 7.0% 23

  10. Slide 10: Bedding Demand Poised to Normalize From Current Levels

    Bedding Demand Poised to Normalize From Current Levels 2025 was ~11.4 million units The bedding industry below the long-term trendline, is structurally intact and underscoring the potential for near-term demand stabilization supported by long-term drivers 30 Growing focus on 25 health and wellness C

  11. Slide 11: Somnigroup Is Uniquely Positioned

    PRODUCTS BRANDS CHANNELS Somnigroup Is Uniquely Positioned Differentiated Iconic Robust retail technologies brands footprint We are the only company in the industry with global leadership across the value chain Advantages across Regular product Leading U.S. industry Global omnichannel products, bran

  12. Slide 12: Vertical Integration Is Our Key Differentiator

    01 4 industry-leading lab sites Innovation 110,000+ square feet of R&D Vertical Integration Is Our Key Differentiator 02 70+ strategically located plants globally, Production supported by resilient supply chains 03 $700M+ annual advertising spend Marketing 04 We leverage each stage to create custome

  13. Slide 13: Our Strengths Create a Powerful Flywheel

    Shareholder Strongest Our Strengths Create returns Strategic Broad omni- channel share of voice drives traffic a Powerful Flywheel optionality distribution and conversion Benefits to shareholders Innovative Scale across products with the value chain iconic brands Benefits to consumers Operational Be

  14. Slide 14: 2028 Targets

    2028 Targets6 2026-2028 CAGRs Adjusted EPS3 +24% Sales +MSD% Adjusted EBITDA3 +Mid-teens% 14

  15. Slide 15: Cliff Buster

    Cliff Buster Chief Executive Officer Tempur Sealy 15

  16. Slide 16: Tempur Sealy Overview

    Tempur Sealy Overview Tempur Sealy Sales 26% 25% 74% 75% 4 North America International Wholesale Direct Wholly owned Present in 100+ markets Third-party distributors 70+ manufacturing facilities 425+ owned retail stores 20,000 third party retail 2025 Sales⁷ 2025 Adjusted EBITDA3 doors globally $4.9B

  17. Slide 17: Competitive Position Built on Four Structural Advantages

    Competitive Position Built on Four Structural Advantages Consumer-centric Innovation Comprehensive Brand and Product Portfolio Advanced Manufacturing Capabilities Omnichannel Strategy 17

  18. Slide 18: Consumer-Centric Innovation Pipeline

    Consumer-Centric Innovation Pipeline Consumer insights into sleep needs drive targeted product development Key innovation Our research shows the top drivers of focus areas purchase decisions5 include: Quality & 01 Improved quality of sleep Durability Support 02 Relief from pain and discomfort Comfor

  19. Slide 19: Industry-Leading Innovation

    Industry- Leading 75+ dedicated new product development employees; Innovation $30M+ R&D budget; 4 R&D facilities totaling 110,000 square feet Tempur Breeze® & ActiveBreeze®; ProSmart bases; Purpose-driven product Intellicoil (Stearns & Foster®); PrecisionFit (Sealy®) solutions are developed to meet

  20. Slide 20: Meeting the Full Spectrum of Consumer Needs

    Meeting the Full Spectrum of Consumer Needs E NCE WE L G LL PERFORMANCE “I want better sleep quality and recovery.” U D N IN ES WELLNESS “I want to rejuvenate my body and mind.” S LUX URY LUXURY “I want high-quality, luxurious materials.” RE LI ABLE RELIABILITY INDULGENCE “I want to reward myself af

  21. Slide 21: Targeted Brands for Every Consumer Segment

    Targeted Brands for Every Consumer Segment Millennial and Gen X Affluent Gen X couples, Middle-class millennials Mass market consumers Target couples who recognize the who prioritize products that focused on quality, comfort seeking a quality mattress Consumer value of sleep to overall deliver enhan

  22. Slide 22: Case Study: Sealy Posturepedic Launch

    Case Study: Sealy Posturepedic® Launch 01 02 03 04 Introduced new Refreshed Supported with new Results coil technology product portfolio marketing campaign Posturepedic 65,000+ PrecisionFitTM Coil floor models shipped Better Comfort & Conformance Sealy PP FY25 sales growth Adaptive, With four new Se

  23. Slide 23: Vertically Integrated Manufacturing

    Vertically Integrated Manufacturing Wholly owned (30) Tempur-Pedic® Facility (4) Joint Venture (9) Licensee (29) Dreams (1) 23

  24. Slide 24: Advanced Manufacturing and Logistics Capabilities

    Advanced Manufacturing and Logistics Diversified manufacturing and Capabilities logistics footprint position the company for sustained growth Flexible production model enables rapid scaling of capacity to align to consumer demand Manufacturing Sourcing and Logistics Operational excellence Foam and L

  25. Slide 25: Leading Omnichannel Distribution Model

    Department stores Big box Tempur-Pedic® retailers retail stores Leading Omnichannel Online SOVA Distribution Model marketplaces retail stores Strength across third-party retail Specialty 40+ Tempur and alternative wholesale channels, DTC brick and mortar and e- bedding and Consumers Sealy e-commerce

  26. Slide 26: Differentiated Retailer Partnerships

    Differentiated Retailer Partnerships One-stop product portfolio of leading Scalable manufacturing, logistics and brands and complementary private distribution through a nationwide footprint labels meets diverse consumer needs deliver reliable, on-time service that and simplifies retail planning driv

  27. Slide 27: Benefits of the Mattress Firm Acquisition

    Benefits of the Mattress Firm 01 The remerchandising at Mattress Firm has allowed us to: Acquisition Grow profit through expanded balance of share Efficiently increase volumes through our production facilities Enable new product development with a willing retail partner 02 Enhanced operational produ

  28. Slide 28: Amplifying Reach Through Direct to Consumer & Alternative Channels

    Amplifying Reach Through Direct to Consumer & Alternative Channels Tempur® Retail Stores E-commerce Alternative Attracts consumers who prefer a luxury, Delivers deep product education and a Club stores provide access to loyal, low-pressure sales environment seamless transaction flow captive membersh

  29. Slide 29: What's Next for Tempur Sealy

    Execute on acquisition-related sales and cost synergies Further diversify offerings to drive a balanced brand and product portfolio What’s Next for Tempur Sealy Priorities for 2026 Continued omnichannel expansion Relentless focus on cost efficiencies to drive profitability 29

  30. Slide 30: Conclusion

    Conclusion Tempur Sealy's unmatched operational strength and strategic clarity position us to deliver sustained, long-term growth Consumer-centric, Iconic brands, Leading Enhanced by innovative products supported by leading operational expertise acquisition-related share of voice and global scale sy

  31. Slide 31: Hansbart Wijnand

    Hansbart Wijnand EVP, International Tempur Sealy 31

  32. Slide 32: Uniquely Positioned for Global Growth

    Uniquely Positioned for Global Growth The bedding industry is attractive across regions, and our position as the only true global player sets us apart Consumer demand and high-level industry characteristics are similar across geographies, amplifying our advantages Proven strategy of targeting consum

  33. Slide 33: TEMPUR International: the Only True Global Bedding Player

    TEMPUR International: the Only True Global Bedding Player TEMPUR ® is sold through 90+ countries, supported by 22 wholly owned subsidiaries and a global network of longstanding distributor relationships Wholesale distribution via third-party retailers and e-commerce platforms Wholly owned Direct to

  34. Slide 34: Leveraging Tempur Sealy's Competitive Advantages

    Our iconic TEMPUR® brand and material retain leading premium positioning globally, driven forward 01 by continuous innovation Leveraging Tempur Sealy’s Competitive Advantages 02 Our global scale and strength allow for Internationally focused strategy and consistent execution with three key levers 03

  35. Slide 35: Global Demand, Scale and Financial Strength Allow for Focused Strategy

    Global Demand, Scale and Financial Similar demand patterns and margin profiles for our TEMPUR® products worldwide enable Strength Allow for an integrated, efficient operating model Focused Strategy and Consistent Execution Diversified exposure reduces reliance on any single local business cycle and

  36. Slide 36: Robust Supply Chain and Omnichannel Distribution Capabilities

    Robust Supply Chain and Omnichannel Distribution Capabilities Uniquely positioned to navigate supply chain disruptions, evolving regulatory and compliance landscapes and changing consumer behavior Centrally located manufacturing in Denmark provides streamlined service to key markets Double- and trip

  37. Slide 37: Strategic Evolution to Broaden Addressable Market

    Strategic Evolution to Broaden Addressable Market Beyond Historical Super Premium Focus Grow and expand Expand market segments distribution Simplify Drive manufacturing brand awareness 37

  38. Slide 38: Expanded Product Offerings in 2023 to Unlock Broader Addressable Market

    Expanded Product Offerings in 2023 to Unlock Broader Addressable Market Top Mainstream TAM Premium TAM The TEMPUR® brand remains anchored in the Super Premium segment Existing Super With our strategic shift, we launched the Premium TAM TEMPUR® Form and Ease ranges in the Premium and Top Mainstream s

  39. Slide 39: SKU Simplification Unlocks a More Efficient Manufacturing Model

    SKU Simplification Unlocks a More Efficient Manufacturing Model HISTORICAL TODAY Benefits Highly Common component platform with individualized SKUs late-stage SKU-level modification Allows us to build a broader assortment of mattresses across multiple price points and tailored channel- and customer-

  40. Slide 40: Global Scale Paired With Local Expertise to Navigate Market Nuances

    Global Scale Paired With Local Expertise to Navigate Market Nuances Consistent industry structure globally, with bedding products sold across wholesale, direct, offline and online Local expertise channels and with broadly similar margin profiles is a core advantage Meaningful market-level nuances, i

  41. Slide 41: Driving Brand Awareness

    Driving Brand Awareness Developed impactful new assets and campaigns Substantially increased marketing spend since 2023 product launch Executing a highly disciplined media strategy, prioritizing proven media channels and ROI-driven performance marketing 41

  42. Slide 42: Conclusion

    Conclusion Leveraging our key advantages and evolved strategy to deliver meaningful growth We are the only global Global demand Our track record Significant sales bedding player in an and operating scale demonstrates our growth and expanded attractive international are sustainable ability to execute

  43. Slide 43: Steve Rusing

    Steve Rusing Chief Executive Officer Mattress Firm 43

  44. Slide 44: The Mattress Firm Advantage

    The Mattress Firm Advantage Unmatched scale and reach: Category leading retail footprint, traffic and share of voice5 Diversified product portfolio: Broad assortment across brands, technologies and price points Proprietary Sleep Expert model: Best in class training and tools deliver differentiated c

  45. Slide 45: Retail Scale That Provides Unmatched Reach

    Retail Scale That Provides Unmatched Reach 82% of America lives within 30 minutes of an owned Mattress Firm 63 9 store9 7 24⁸ Owned 4 locations 10 5 28 32 12 Franchised 1 39 99 19 locations 8⁸ 7 47 86 Owned and franchised 79 66 30 21 45 5 locations 23 47 13 78 36 2 16 62 226 12 46 96 21⁸ 12 45 66 12

  46. Slide 46: Industry-Leading Operational Scale

    Industry-Leading Operational Scale $3.9 billion in FY'25 sales2 60+ distribution centers $300+ million annual advertising spend10 5,400+ Sleep Experts 20%+ market share1 46

  47. Slide 47: Merchandising Optimization Strategy

    Merchandising Optimization Strategy Streamlining SKUs in certain oversaturated Expanded product placement product categories like adjustable bases, to of Tempur Sealy brands to align with simplify the experience for consumer demand consumers and Sleep Experts Built new partnerships with Increased in

  48. Slide 48: Providing Preferred Brands and Technologies Across Broad Price Points

    Providing Preferred Brands and Technologies Across Broad Price Points Brands and Technologies Key Purpose Target all consumer segments National Build trust and confidence Brands Generate traffic, conversion and AOV Enhance brand image Differentiate Mattress Firm Brand Target premium and luxury segme

  49. Slide 49: Proprietary Sleep Experts Model

    Proprietary Sleep Experts Model Largest, Most Highly Trained Industry Sales Force MattressMatcher® Proprietary omnichannel ~100 hours of new hire training engine powers personalized sleep solutions ~100 hours of annual training for tenured associates Builds customer trust Scales selling excellence D

  50. Slide 50: Driving a Positive Customer Experience

    Driving a Positive Customer Experience BEFORE AFTER Investing $150 million in refreshing select stores by 2027 Rolling out Tempur-Pedic® brand walls in all 2,100+ stores Supporting conversion and balance of share 50

  51. Slide 51: Optimizing Sales with Proprietary AI Capabilities

    Optimizing Sales with Proprietary AI Capabilities Chat Mode: In-store Interactions Reps Mode: Training and Development SleepExpert.AI is an integrated tool that enables Sleep Experts to optimize in-store customer interaction and training and development 51

  52. Slide 52: Data-Driven Real Estate Strategy

    Data-Driven Real Estate Strategy Median Household Income Advanced retail strategy Less than $40,000 considers hundreds of variables $40,000–75,000 $75,000–100,000 $100,000–150,000 Population Growth $150,000 or more Household Income Consumer Demographics Furniture Expenditure Co-tenant Mix Competitiv

  53. Slide 53: Extending our Lead as the #1 U.S. Mattress Retailer

    Extending our Lead as the #1 U.S. Mattress Retailer Traffic Conversion/AOV Unmatched Proprietary Sleep Expert bedding retail footprint training and tools Category leading Investing in the share of voice in-store experience Underpinned by consumer-centric merchandising and advanced data and digital c

  54. Slide 54: Mattress Firm Benefits as Part of Somnigroup

    Mattress Firm Benefits New ownership enables long term as Part of Somnigroup 01 view and supports investments in the business Shifting to problem-solution oriented 02 advertising and balanced marketing strategy Closer collaboration and best practice 03 sharing to drive better decision making Introdu

  55. Slide 55: What's Next for Mattress Firm

    Drive optimized merchandising strategy with assortment of Tempur Sealy brands and leading third-party brands What’s Next for Grow and build upon the positive impact of the Mattress Firm ‘Sleep Easy’ campaign as it becomes more established in the marketplace Priorities for 2026 Leverage enhanced syst

  56. Slide 56: Conclusion

    Conclusion Mattress Firm is well-positioned to continue extending our lead as the #1 U.S. mattress retailer Unparalleled Differentiated Data-fueled Enhanced by footprint, amplified by sales process and decision-making acquisition-related enhanced marketing merchandising driving operational synergies

  57. Slide 57: Tom Murray

    Tom Murray Executive Vice President, Chief Marketing Officer 57

  58. Slide 58: An Overview of Somnigroup's Marketing Strategy

    An Overview of Somnigroup’s Marketing Strategy Complement our direct Drive consumer marketing with co-operative demand by clearly investments via retail differentiating our brands partners (Tempur Sealy) in the marketplace Target distinct, and vendor partners complementary Invest at industry-leading

  59. Slide 59: Somnigroup's Marketing: By the Numbers

    $700M+ #1 #1 Annual Marketing U.S. Retailer UK Retailer Spend Share of Voice Share of Voice Somnigroup’s Marketing: By the Numbers 5 #1 #1 Consideration #2 Consideration U.S. Manufacturer #1 Purchase Intent #2 Purchase Intent Share of Voice #1 Share of Voice #2 Share of Voice11 59

  60. Slide 60: The Opportunity: Optimize Mattress Firm's Marketing to Drive Growth

    The Opportunity: Optimize Mattress Firm’s Marketing to Drive Growth As the largest investor in category advertising, Somnigroup can leverage its substantial U.S. investment to support: Tempur Sealy’s portfolio of product brands Mattress Firm’s business and retail brand The U.S. bedding industry Give

  61. Slide 61: Mattress Firm's New 'We Make Sleep Easy' Campaign

    For the Industry The campaign educates consumers about role a mattress can play in overcoming the most-common and most-troublesome disruptors that get in the way of the ability to get a great night's sleep Mattress Firm’s New ‘We For Mattress Firm Make Sleep Easy’ Campaign The campaign showcases how

  62. Slide 62: Modular Campaign Addresses a Broad Array of Problems and Solutions

    Modular Campaign Addresses a Broad Array of Problems and Solutions HOT SAGGY RESTLESS POOR SO MANY SNORING SLEEP MATTRESS PARTNER SUPPORT CHOICES We make sleep easy 62

  63. Slide 63: Successfully Educates Consumers About the Role a Mattress Can Play

    Successfully Educates Consumers About the Role a Mattress Can Play in Getting Better Sleep How Helpful Was the Ad in Helping You Understand How a Particular Mattress Might Help You Sleep Better?12 2% 4% 42% 51% Very Helpful Somewhat Helpful Not Very Helpful Not Helpful at All 63

  64. Slide 64: Surpasses Prior Campaigns in Ad Testing Across All KPIs

    Surpasses Prior Campaigns in Ad Testing Across All KPIs Average Third-Party Ad Testing Scores by Primary KPI (Last 8 Years)¹² 743 737 731 725 725 713 703 684 687 686 659 649 Ace Score Attention Persuasion Relevance Information Likeability Prior Campaigns 2017-2025 'Sleep Easy' Campaign 64

  65. Slide 65: Delivers Results Across all Positive Perceptual Attribute Ratings

    Delivers Results Across all “Positive Perceptual Attribute Ratings” for Mattress Firm Average Percentage Point Change: ‘Sleep Easy’ vs. Prior Campaign¹² Purchase Intent 19 Fits brand 17 Is relevant to me 17 Is believable 16 Makes me want to learn more 14 Opinion Change 13 Makes me think about brand

  66. Slide 66: Mattress Firm Is Optimizing Media Mix to Drive ROI

    Mattress Firm Is Optimizing Media Media mix rebalanced toward upper funnel Mix to Drive ROI Pre-acquisition media spend was FY 2025 FY 2026 weighted toward lower funnel channels; Post-acquisition, the media mix has been rebalanced toward upper funnel 56% 62% In 2026, we will continue to increase our

  67. Slide 67: New Mattress Firm Marketing Strategy Is Positively Impacting Tempur Sealy Brands

    New Mattress Firm Marketing Strategy Is Positively Impacting Tempur Sealy Brands Product-led storytelling showcases Tempur Mattress Firm Ad Spend Allocation by Brand Sealy product brands and technologies Evolution to upper funnel channels has 100% increased Tempur Sealy brand exposure: Tempur Sealy’

  68. Slide 68: Further Opportunity for Somnigroup Marketing Synergies

    Further Opportunity for Somnigroup Marketing Synergies 2025 Cost Synergies Realized Opportunities for 2026 and 2027 Leveraged combined scale and best practices Establishing Somnigroup-level teams to centralize to drive media planning and buying favorability and scale data-driven insights across the

  69. Slide 69: Conclusion

    Conclusion The Mattress Firm acquisition positions Somnigroup to drive effectiveness behind: Tempur Sealy’s portfolio of product brands Mattress Firm’s private label brands and retail brand The U.S. bedding industry, by generating consumer focus on the bedding category The changes to our Mattress Fi

  70. Slide 70: Bhaskar Rao

    Bhaskar Rao Executive Vice President, Chief Financial Officer 70

  71. Slide 71: Somnigroup: First 12 Months in Review

    Somnigroup: First 12 Months in Review First Year Focus Areas Focused on successful Unlocked operational Drove market Delivered record operational and strategic efficiencies and early share gains financial performance integration synergies Year 1 wins have set the stage for long-term success 71

  72. Slide 72: 2026 Guidance

    2026 Guidance6 Adjusted EPS3 Range $3.00 - $3.40 Sales Midpoint $7.9B Adjusted EBITDA3 $1.45B Midpoint Underlying Industry Assumption: Midpoint assumes industry is flat to slightly up in 2026 72

  73. Slide 73: 2028 Targets

    2028 Targets6 2026-2028 CAGRs Adjusted EPS2 +24% Sales1 +MSD% Adjusted EBITDA2 +Mid-teens% 73

  74. Slide 74: 2025-2028 Sales Bridge

    2025-2028 Sales Bridge6 $10B Growth Outlook: $10,000,000,000 $9,500,000,000 Tempur Sealy $9B $9,000,000,000 • NA +MSD% CAGR $8,500,000,000 • International +HSD% CAGR $8B $8,000,000,000 Mattress Firm • +MSD% CAGR $7,500,000,000 Dreams $7B $7,000,000,000 • +MSD% CAGR $6,500,000,000 $6B $6,000,000,000

  75. Slide 75: Operational Discipline Drives Margin

    Operational Discipline Drives Margin6 GROSS PROFIT OPERATING EXPENSES 300 BPS Expect to Expand 100 BPS Adjusted Operating Productivity Fixed cost leverage Margin3 by Fixed cost leverage 400 Cost synergies Basis Points Synergies Optimizing our U.S. logistics network and advertising represent further

  76. Slide 76: High Pace of Synergy Generation

    High Pace of Synergy Generation6 Adjusted EBITDA2 Impact Actual Target Target (in millions) 2025 2026 2027 Total Key Actions Meaningful expansion of Sales Synergies $60 $40 $100 Tempur Sealy balance of share at Mattress Firm: mid- 40s to low-60% Cost Synergies $20 $55 $50 $125 Expanded scale and ver

  77. Slide 77: 2025-2028 Adjusted EPS Bridge

    2025-2028 Adjusted EPS3 Bridge6 Adjusted Operating $6.00 Margin3 Drivers $0.35 $5.15 $5.00 Sales growth $0.39 $0.99 $4.00 Leverage $0.72 $3.00 Operational $2.70 productivity $2.00 Below the Line Drivers $1.00 Interest rate favorability $0.00 Capital allocation contemplates 2025 Sales Gross Margin Op

  78. Slide 78: Capital Allocation Strategy for Value Creation

    5 1 Opportunistic Maintenance capex and M&A strategic reinvestments 2 4 Capital Allocation Maintain Substantial share Strategy for Value debt to adjusted repurchases Creation EBITDA leverage3 3 Modest dividends 78

  79. Slide 79: Historical Capital Allocation

    Historical Capital Allocation 2015-2025 Capex $1.3B Operating Share Cash Flow Returned to Repurchases $5.0B Shareholders $2.7B $3.1B Capital Dividends $8.0B $0.4B Accretive M&A $3.3B Debt while Maintaining 2-3x Target Leverage3 Range $3.0B Net Other Business Uses 79

  80. Slide 80: Go-Forward Capital Allocation

    Go-Forward Capital Allocation6 2026-2028 Normalized Capex $0.6B Investments in Store Initiatives $0.2B Operating Cash Flow $3.7B Capital Share $4.0B Returned to Repurchases Shareholders $2.8B $3.3B Dividends Debt to Maintain $0.5B 2.5x Leverage3 Other Business Uses +$0.3B 80

  81. Slide 81: Opportunistic Approach to M&A

    Opportunistic Approach to M&A Framework 01 Opportunistic buyer prioritizing long-term EPS accretion 02 Look to add value and build partnerships Successful track record of acquisitions: 10+ 03 Seek targets that diversify our capabilities, geographic presence, brands and channels across bedding deals

  82. Slide 82: Conclusion

    Conclusion Continued sales growth through enterprise-wide share gains and normalizing industry Expanding adjusted EBITDA3 margins and industry-leading cash flow Creating value through disciplined capital allocation with a focus on shareholder returns 82

  83. Slide 83: Investment Thesis: The Stage is Set – the Best is Yet to Come

    Global Scale, Vertical Integration: World’s largest bedding company with leading, end-to-end capabilities from design and manufacturing to retail Omnichannel Reach & Iconic Brands: Portfolio of trusted brands and products, reaching consumers wherever they shop – online, in 2,800+ stores, and through

  84. Slide 84: Q&A Panel

    Q&A Panel Scott Thompson Bhaskar Rao Tom Murray Steve Rusing CEO EVP, CFO EVP, CMO CEO, Mattress Firm Scott Vollet Brent Pfister Cliff Buster Hansbart Wijnand EVP, Global Operations, SVP, Brand Management CEO, Tempur Sealy EVP International, Tempur Sealy Tempur Sealy & NPD, Tempur Sealy 84

  85. Slide 85: Forward Looking Statements

    Forward Looking Statements This investor presentation contains statements regarding the Company’s expectations of future performances, integration of acquired companies with our business (including Mattress Firm), the Company’s quarterly cash dividend, the Company’s expectations regarding geopolitic

  86. Slide 86: Use of Non-GAAP Financial Measures Information

    Use of Non-GAAP Financial Measures Information In this investor presentation and certain of its press releases and SEC filings, the Company provides information regarding adjusted net income, adjusted EPS, EBITDA, adjusted EBITDA, consolidated indebtedness less netted cash, and leverage, which are n

  87. Slide 87: FY'25 Adjusted Net Income and Adjusted EPS

    FY’25 Adjusted Net Income² and Adjusted EPS² Trailing Twelve Months Ended (in millions, except per common share amounts) December 31, 2025 Net income $ 384.1 Acquisition-related costs (1) 114.2 Transaction costs (2) 56.0 Business combination charges (3) 53.8 Loss on disposal of business (4) 13.9 Sup

  88. Slide 88: FY'25 Adjusted EBITDA

    FY’25 Adjusted EBITDA² Trailing Twelve Months Ended (in millions) December 31, 2025 Net income $ 384.1 Interest expense, net 261.1 Transaction related interest expense, net (1) 6.8 Income tax provision 95.7 Depreciation and amortization 291.6 EBITDA $ 1,039.3 Adjustments for financial covenant purpo

  89. Slide 89: FY'25 Adjusted EBITDA

    FY’25 Adjusted EBITDA² (1) In the year ended 2025, the Company incurred $6.8 million of transaction related interest expense, net of interest income, related to the Term B Loan drawn and held in escrow. The proceeds of the Term B Loan were released upon the closing of the acquisition of Mattress Fir

  90. Slide 90: FY'25 Leverage Reconciliation

    FY’25 Leverage² Reconciliation (in millions) December 31, 2025 Total debt, net $ 4,685.7 Plus: Deferred financing costs (1) 31.6 Total debt 4,717.3 Less: Netted cash (2) 134.9 Consolidated indebtedness less netted cash $ 4,582.4 (1) The Company presents deferred financing costs as a direct reduction

  91. Slide 91: Footnotes

    Footnotes 1..Management estimates, informed by equity research notes and other industry reports. 2. 2025 sales in this presentation, including sales used as the base from which to calculate target CAGRs, have been adjusted to normalize for the full year impact of the Mattress Firm acquisition. Conso

Somnigroup International — Investor Day (March 2026) on 6ix