Slide 1: Fiscal 2026 First-Quarter Results
FISCAL 2026 FIRST-QUARTER RESULTS JANUARY 8, 2026 BMS Software Suite Mark Architectural Lighting , Juno®, Gotham ® Lighting: CIBC Square, Toronto
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation and related conference call and webcast forward-looking statements contained in the Act. Forward- conjunction with such filings. You are cautioned not to place contain “forward-looking statements” within the meaning of looking statements are not guarantee
Slide 3: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES We disclose the following non-generally accepted accounting especially those companies focused more on technology and measure for adjusted EBITDA is “net income,” which includes the principles ("GAAP") financial measures: "adjusted gross profit“ and software. Non-GAAP fin
Slide 4: About Acuity
ABOUT ACUITY OUR BUSINESS SEGMENTS a We use technology to solve problems in spaces, light and more things to come. INNOVATORS | DISRUPTORS | BUILDERS OUR VALUES HOW WE CREATE VALUE OUR OPERATING SYSTEM Grow Net Sales Integrity Time Curiosity Customer Obsessed a Turn Profits Into Cash a Don’t Grow th
Slide 5: AYI: Fiscal 2026 First Quarter Performance
AYI: FISCAL 2026 FIRST QUARTER PERFORMANCE ($ in Millions, Except Per Share Data) NET SALES AYI ADJUSTED DILUTED EPS1 20% 18% Strong Performance $1,144 $4.69 $952 Increased Adjusted Operating Profit1 $3.97 by 24 Percent and Expanded Adjusted Operating Profit Margin1 by 50 bps Q1'25 Q1'26 Q1'25 Q1'26
Slide 6: ABL: Acuity Brands Lighting Fiscal 2026 First Quarter Performance
ABL: ACUITY BRANDS LIGHTING Fiscal 2026 First Quarter Performance Mark Architectural Lighting , Peerless® Lighting: Portland International Airport ($ in Millions) PREDICTABLE, REPEATABLE, SCALABLE NET SALES ADJUSTED OPERATING PROFIT 1 ADJUSTED OPERATING PROFIT MARGIN 1 1% 4% 60bps $895 $886 $160 $15
Slide 7: AIS: Acuity Intelligent Spaces Fiscal 2026 First Quarter Performance
AIS: ACUITY INTELLIGENT SPACES Fiscal 2026 First Quarter UNIQUE AND DISRUPTIVE Performance TECHNOLOGIES DRIVING PRODUCTIVITY FOR PEOPLE EXPERIENCING SPACES AND FOR PEOPLE PROVIDING THOSE SPACES Acuity India Experience Center ($ in Millions) MAKING SPACES AUTONOMOUS NET SALES ADJUSTED OPERATING PROFI
Slide 8: Fiscal 2026 Capital Allocation Priorities
FISCAL 2026 CAPITAL ALLOCATION PRIORITIES FISCAL FIRST QUARTER 1. ALLOCATION Invest for Growth in our Current Businesses $141M Cash Flow From Operations 2. Invest in M&A $26M 3. Capital Expenditures Increase our Dividend 4. $28M Repurchase Shares Share Repurchases NYSE: AYI 8
Slide 9: Fiscal 2026 Outlook
FISCAL 2026 OUTLOOK AYI Net Sales Range1 $4.7B to $4.9B Adjusted Diluted EPS Range1 $19.00 to $20.50 1 Management estimates are based on multiple quantitative and qualitative inputs and contains forward -looking information; please see Forward Looking Statements on slide 2. We do not expect to updat
Slide 10: Quarterly Trends
QUARTERLY TRENDS Luminus® Pelican: Application Rendering
Slide 11: AYI: Quarterly Trends
AYI: QUARTERLY TRENDS ($ in Millions, Except Per Share Data) $1,209 $1,179 $1,144 $1,032 Net Sales $1,006 $968 $952 $935 $906 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales Growth (6.3%) (4.0%) (3.2%) 2.2% 1.8% 11.1% 21.7% 17.1% 20.2% Gross Profit Margin (GAAP) 45.8% 45.5% 46.7% 47.
Slide 12: ABL: Quarterly Trends
ABL: QUARTERLY TRENDS ($ in Millions) $962 Net Sales $955 $923 $899 $886 $895 $876 $844 $841 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales Growth (7.5%) (5.3%) (4.5%) 1.1% 1.1% (0.3%) 2.7% 0.8% 1.0% Gross Profit Margin (GAAP) 44.7% 44.1% 45.6% 46.0% 45.9% 45.0% 46.6% 45.7% 44.8% Ad
Slide 13: AIS: Quarterly Trends
AIS: QUARTERLY TRENDS ($ in Millions) $264 $257 $255 $172 Net Sales $76 $84 $68 $74 $64 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales Growth 13.0% 17.0% 15.0% 16.7% 14.5% 151.8% 248.9% 204.2% 250.2% Gross Profit Margin (GAAP) 56.9% 59.7% 55.9% 59.4% 58.5% 52.5% 52.9% 59.2% 59.5% Ad
Slide 14: Appendix
nLight® AnimateTM Controller: Application Rendering APPENDIX
Slide 15: AYI: Adjusted Gross Profit and Adjusted Gross Profit Margin
AYI: ADJUSTED GROSS PROFIT AND ADJUSTED GROSS PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 Gross Profit (GAAP) 428 412 452 489 449 468 570 591 $554 Gross Profit Margin (GAAP) 45.8% 45.5% 46.7% 47.
Slide 16: AYI: Adjusted Operating Profit and Adjusted Operating Profit Margin
AYI: ADJUSTED OPERATING PROFIT AND ADJUSTED OPERATING PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 Operating Profit (GAAP) 133 118 145 157 133 110 140 181 $160 Operating Profit Margin (GAAP) 14.2%
Slide 17: AYI: Adjusted Net Income and Adjusted Diluted Earnings per Share
AYI: ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE ($ in Millions, Except Per Share Data) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 Net income (GAAP) 101 89 114 119 107 78 98 114 $121 Adjustments Add-back: Amo
Slide 18: AYI: EBITDA and Adjusted EBITDA
AYI: EBITDA AND ADJUSTED EBITDA ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 Net Income (GAAP) 101 89 114 119 107 78 98 114 121 Net Income as a Percent of Net Sales (GAAP) 10.8% 9.8% 11.8% 11.5% 11.2% 7.7% 8.3%
Slide 19: AYI: Year-to-Date Cash Flow
AYI: YEAR-TO-DATE CASH FLOW ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 YTD Net cash provided by operating activities (GAAP) $190 $293 $445 $619 $132 $192 $399 $601 $141 YTD Purchases of property, plant, and equipment (15) (29) (41) (64) (19) (29) (44) (68) (26) Free Cash F
Slide 20: ABL: Adjusted Gross Profit and Adjusted Gross Profit Margin
ABL: ADJUSTED GROSS PROFIT AND ADJUSTED GROSS PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $876 $844 $899 $955 $886 $841 $923 $962 $895 Gross Profit (GAAP) 392 372 410 439 406 378 430 440 401 Gross Profit Margin (GAAP) 44.7% 44.1% 45.6% 46.0% 45.9% 45
Slide 21: ABL: Adjusted Operating Profit and Adjusted Operating Profit Margin
ABL: ADJUSTED OPERATING PROFIT AND ADJUSTED OPERATING PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $876 $844 $899 $955 $886 $841 $923 $962 $895 Operating Profit (GAAP) 144 126 152 162 143 130 134 183 149 Operating Profit Margin (GAAP) 16.4% 14.9% 16.9
Slide 22: AIS: Adjusted Gross Profit and Adjusted Gross Profit Margin
AIS: ADJUSTED GROSS PROFIT AND ADJUSTED GROSS PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $64 $68 $76 $84 $74 $172 $264 $255 $257 Gross Profit (GAAP) 37 41 42 50 43 90 140 151 153 Gross Profit Margin (GAAP) 56.9% 59.7% 55.9% 59.4% 58.5% 52.5% 52.9% 5
Slide 23: AIS: Adjusted Operating Profit and Adjusted Operating Profit Margin
AIS: ADJUSTED OPERATING PROFIT AND ADJUSTED OPERATING PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net Sales $64 $68 $76 $84 $74 $172 $264 $255 $257 Operating Profit (GAAP) 5 9 13 17 11 10 27 28 37 Operating Profit Margin (GAAP) 8.3% 13.4% 16.5% 19.9% 14.7% 5.8