Prestige Consumer Healthcare Inc. · NYSE:PBH

Prestige Consumer Healthcare — Prestige Brands Holdings — Merger or Acquisition (November 2015)

15 slides from Prestige Consumer Healthcare's merger presentation, Nov 23, 2015

  1. Slide 1: Announcement of Agreement to Acquire DenTek

    Announcement of Agreement to Acquire DenTek November 23, 2015 Exhibit 99.2

  2. Slide 2: Safe Harbor Disclosure

    Investor Presentation 2 This presentation contains “forward - looking statements” within the meaning of the federal securities laws that are intended to qualify for the Safe Harbor from liability established by the Private Securities Litigation Reform Act of 1995. “Forward - looking statements” gene

  3. Slide 3: Agenda for Today's Discussion

    Investor Presentation 3 Agenda for Today’s Discussion  Transaction Summary  Overview  Strategic Rationale and Financial Highlights  The Road Ahead

  4. Slide 4: Transaction Overview

    Investor Presentation 4 Transaction Overview  Prestige Brands announced an agreement to acquire DenTek Holdings, Inc. ("DenTek") for $225 million – DenTek has Revenue of approximately $60 million – Purchase price represents approximately 9.8x DenTek’s Pro Forma Adjusted EBITDA of $23 (1) million, i

  5. Slide 5: Leading Market Positions Across "Peg" Section of Oral Care Aisle

    Investor Presentation 5 Leading Market Positions Across “Peg” Section of Oral Care Aisle Category Rank: Floss Products Protection and Pain Relief Accessories Interdental Brushes # 1 # 2 Source: Nielsen xAOC L - 52 weeks ending October 3, 2015

  6. Slide 6: Clear Market Leader in Highly Attractive "Peg" Oral Care Section

    Investor Presentation 6 Clear Market Leader in Highly Attractive “Peg” Oral Care Section Dollar values in millions Source: Nielsen xAOC L - 52 weeks ending October 3, 2015 (1) Peg section includes : Floss Picks, Dental Guards, Interdental, Disposable Picks, Dental Repair & Wax, Floss Threaders , Den

  7. Slide 7: DenTek Snapshot

    Investor Presentation 7 DenTek Snapshot  Innovative, scale brand with a leading position in a number of the highest growth oral care categories  New product development, sales and marketing capabilities  Robust new product pipeline  Broadly distributed in the U.S. in traditional food, drug, mass

  8. Slide 8: Clear Path for Value Creation

    Investor Presentation 8 Clear Path for Value Creation Sales & Distribution Brand Building Regulatory / Quality Assurance ▪ Leverage Prestige's scale to expand distribution ▪ Invest meaningfully in DenTek brand and accelerate new product pipeline ▪ Leverage Prestige’s in - house capabilities to suppo

  9. Slide 9: Consistent With Disciplined Acquisition Strategy

    Investor Presentation 9 Consistent With Disciplined Acquisition Strategy  Focus exclusively on consumer health brands and businesses with the following characteristics: – Brands that are broadly recognized by consumers – Scale brands that are relevant to retailers – Additive to our existing core ca

  10. Slide 10: Strategic and Financial Acquisition Rationale

    Investor Presentation 10 Strategic and Financial Acquisition Rationale Transaction Meets Prestige’s Disciplined Strategic, Execution and Financial Acquisition Criteria  Adds another scale brand – Leading positions in highly attractive product categories – Superior growth profile with meaningful run

  11. Slide 11: New $100MM+ Oral Care Platform

    Investor Presentation 11 New $100MM+ Oral Care Platform ~$130 ~$120 ~$120 ~$100 ~$110 Women’s Health Cough & Cold Analgesics Eye & Ear Care Oral Care Dollar values in millions Note: Figures represent Total Revenues

  12. Slide 12: Transaction Nears Objective of 85% of Portfolio Representing Invest for Growth Brands

    Investor Presentation 12 Transaction Nears Objective of 85% of Portfolio Representing Invest for Growth Brands Core OTC / International Other OTC / Household Pre - Acquisition Period Contribution to Portfolio: Investment: Targeted Mix Over Time : Invest for Growth Manage for Cash Flow Generation 78%

  13. Slide 13: Repeatable and Consistently Disciplined Approach to M&A

    Investor Presentation 13 Repeatable and Consistently Disciplined Approach to M&A Seven Acquisitions Completed in Past Six Years Platform Expansion Geographic Expansion 2010 2012 2013 2014 2011 April 2014 July 2013 April 2014 December 2011 December 2010 September 2010 November 2015 2015 North America

  14. Slide 14: Delivering Against the Drivers of Our Stated Long-Term Value-Creation Strategy

    Investor Presentation 14 Delivering Against the Drivers of Our Stated Long - Term Value - Creation Strategy High Free Cash Flow Generation Core OTC Growth Exceeding Industry Average Proven and Repeatable M&A Strategy Long - Term Value Creation Strategy

  15. Slide 15: ae Ee ae

    ae Ee ae PrestigeBrands _———— PrestigeBrands = investor Presentation

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