Valvoline Inc. · NYSE:VVV
Valvoline — Baird 2023 Global Consumer, Technology & Services Conference
17 slides from Valvoline's conference presentation, Jun 7, 2023
Slide 1: 12345ÿ7879ÿ 2ÿ 4ÿ ÿÿ 43ÿ4 ÿ"#$%&'()ÿ*+, 8-.8/.79
12345ÿ7879ÿ 2ÿ 4ÿ ÿÿ 43ÿ4 ÿ"#$%&'()ÿ*+, 8-.8/.79 0
Slide 2: Forward-looking statements
tuvÿwtx8yx !"#$%#&'("")*+,-.%./0/+.1 2345678ÿ:5653;385:ÿ<34378=ÿ>5<34ÿ5<68ÿ:5653;385:ÿ>?ÿ<7:5>47@6Aÿ?6@5=ÿ643ÿ?>4B64CDA>>E78Fÿ:5653;385:ÿB75<78ÿ5<3ÿ;36878Fÿ>?ÿ5<3ÿG47H653ÿI3@J47573:ÿ K757F657>8ÿL3?>4;ÿM@5ÿ>?ÿNOOPQÿIJ@<ÿ?>4B64CDA>>E78Fÿ:5653;385:ÿ;6Rÿ78@AJC3=ÿB75<>J5ÿA7;75657>8=ÿS383?75:ÿ68Cÿ:R834F73
Slide 3: 12314350ÿÿ77ÿÿ89 ÿ5150ÿ9ÿÿÿÿÿ
12314350ÿÿ77ÿÿ89 ÿ5150ÿ9ÿÿÿÿÿ 0
Slide 4: 89:ÿ;ÿ8<ÿ=<>ÿ?@A?;A9=< B,C',D,E4ÿ-#1ÿ+F,1'F#&)'14 x'Dÿy,&w#&67'ÿ64z{
89:ÿ;ÿ8<ÿ=<>ÿ?@A?;A9=< B,C',D,E4ÿ-#1ÿ+F,1'F#&)'14 x'Dÿy,&w#&67'ÿ64z{ "#$%&'(')ÿ+,&'ÿ#-ÿ.&#/,&ÿ KLMNOPQRSÿRLUVWVUXYNÿZNMYX[NZÿ 01#)23(4ÿ52467'44 [VWPR\S G'(217ÿ01#3'')4ÿ(#ÿ ]^_`aÿbcRMNÿdNPLM[cRZNÿ +F,1'F#&)'14 eLUcVMXfRUXV\gÿ]^aÿUN\hNMÿ G',)Eÿ-#1ÿH#7IJ('1$ÿ iMVjUcÿVkÿlVMNÿaLZX\NZZÿmÿn\XUÿ q,4(ÿ.1#D(F
Slide 5: Introducing the New Valvoline
INTRODUCING THE NEW VALVOLINE Ps
Slide 6: fgh ÿijhklmÿngiÿopfqrpiqh ÿrlfjp NOPQRÿBSTTÿ>UVRWVPXTÿPWÿ@YPZVPW[ÿ\SZPWRZZ E]]RTROXVRÿARV^UO_ÿFOU^V`
fgh ÿijhklmÿngiÿopfqrpiqh ÿrlfjp NOPQRÿBSTTÿ>UVRWVPXTÿPWÿ@YPZVPW[ÿ\SZPWRZZ E]]RTROXVRÿARV^UO_ÿFOU^V` HXO[RVÿaSZVUbROÿXWcÿdROQP]Rÿ@YeXWZPUW :;<ÿ><:?@AÿB:<C;DEÿB:<ÿF<:GHI !"#$ÿ!&'($ÿ!")$* +,-.ÿ/012ÿ34,&* !$(5,6$ÿ789"4*,'4 J'4-K&$(#ÿL")M$ 10213245ÿÿ77ÿÿ89 ÿ4145ÿ9ÿÿÿÿÿ 0
Slide 7: cdbaefghìeÿcjmeb 8 cdbaefghìeÿcjfeÿcakleÿcjmeb 8 nlkoap ^_àb 8
!"#$"ÿ%&'ÿ%$!%(ÿ!)ÿ)#"&"#&*ÿ+$%)!%,&"$ cdbaefghìeÿcjmeb8 cdbaefghìeÿcjfeÿcakleÿcjmeb8nlkoap qrÿtuvvuwxyz 8;ÿ>>ÿnÿ8<F >8F >9A;: 8@F 89C?: 89@8C 89B>: ÿ 8:F <<: 89:>@ 89 8;8 <F ?F <F >F DE8; DE8? DE8< DE8C DE>: DE>8 DE>> DE8; DE8? DE8< DE8C DE>: DE>8 DE>> ^_àb8 {MVPWQ\|}PIK
Slide 8: wxyÿ6wzy yÿ 6w
hijklÿnopqrpst;u PFM^IMWÿvFF[OJZ +0.8ÿ" wxyÿ6wzy %$4ÿ")#*43 ÿ#ÿ)+ÿ7:%ÿ9ÿ3+ÿ$%8ÿ.ÿ yÿ 6w ~y ÿÿÿÿÿÿÿÿÿÿÿ ÿ | zyÿ6}y ,ÿ" wzyÿ6w{y ,ÿ+)&$% |zyÿ6|}y ,ÿ")#*43x |~yÿ "#$%&ÿ(#)*+),ÿ-.*ÿ/+01#0$%.ÿ*$00ÿ2.ÿ+3$&3ÿ&)#*435ÿ3$&367+)&$%5ÿ).4+$0ÿ8.)1$9.8ÿ:0
Slide 9: Quarterly same-store sales growth
"#$%&'#ÿ%#ÿ()'ÿ"*'ÿ(+'ÿ*",- ;<=>?@<AÿC<DE<FÿG<DÿHIJ9 LE<DIM<ÿN>?O<P 25/6 K61/25 21/4 K:0/.: K:9/23 .0/1 K4:/3: .2/3 ../0 K4./9. 789: 7896 7851 7859 7855 789: 7896 7851 7859 7855 QRS<?PÿTI@IU?<FÿMDVWP=ÿT<PW<<UÿPDIUAI?P>VUAÿIUFÿP>?O<PÿPVÿFD>E<ÿ@VUMXP<DYÿ0X6ZÿCCC [\ ]^_àb^cÿe^fg^hÿi^fÿjklÿ̀cÿh^mǹ^hÿk
Slide 10: ajÿhh`abcdÿagcdÿÿicgdÿ ¡¢_ÿg£ÿj¤cdhdja`ÿ¥¦§¨©ÿ̀aÿh`abcak
"#$%&ÿ'())ÿ*+&,$-)ÿ$,ÿ&.$$,ÿ9($,&ÿ/-(#&ÿ+#&ÿ/-#$, _`abcdefghi`jkÿmagcd pJVSJUÿZRqo 0 1234567ÿ9:2;<=ÿ>26?5?<76<4@ÿA:5B569ÿ47B7:C97ÿ 56ÿD65<ÿ3:2E5<CF545<@ 0 G56>7ÿHIJKLÿMC<D:7ÿ?<2:7ÿNOP1QRÿ=C?ÿ9:2;6ÿ pJJSTUÿZRqo JJSTUÿ26ÿ:7B76D7ÿ9:2;<=ÿ2EÿJVSJU 0 WC<D:7ÿ?<2:7?ÿ>26<56D7ÿ<2ÿ9:2;ÿ<:C6?C><526?Lÿ 5M3:2B569
Slide 11: [^352ÿy2\`9^zÿ{7735^f\9^z [94\9]9:6\^ÿ_89^2ÿ̀76:2ÿ^3ÿ453_ÿ^3ÿabcddeÿf\9^`
"#$%ÿ&'(%)#%ÿ*))*$+,(-ÿ#,.ÿ"*,ÿ$+,&#-ÿ/*$ÿ$*&' 123456789:ÿ<3=25642> [^352ÿy2\`9^zÿ{7735^f\9^z } 0 00 0 }~ 0 00 0 0 0 0 0 00 0 00000000 00000 0 0 000 0 00 0 0 0000 0 00000 000 0 0 0 00 000000000000 0 00 0 0 000 000000000 0 00 00000000000 0 0 0 0 0000000 0 00 0 00 00 0 0 00000000000 0 0 0 0 0 000
Slide 12: 81/63<ÿ011ÿ7=5I/J4ÿ5/ÿJ63=ÿ60<HI34=ÿ 6/>5I K/780<Aÿ0JJ353/<4ÿ/H?4=Jÿ/<ÿ703733<ÿ
"#$#%"&'ÿ%()*ÿ)&*ÿ+%"'*&#ÿ#,-*"& yz{|}~ÿ|ÿ|{ 81/63<ÿ011ÿ7=5I/J4ÿ5/ÿJ63=ÿ60<HI34=ÿ nop 6/>5I Zÿ_\]RX`WTZÿb]\SRZ\T hij hln R`]RXZVÿXPOOWSOZRSÿ_\POÿXQ\\ZRSÿ_\]RX`WTZZT hkl hjpÿrhsp VZRSW_fÿTbZXW_WXÿ^ZP^\]b`WZTÿSPÿS\]RTWSWPRÿSPÿ hno _\]RX`WTZÿSZ\\WSP\WZT mk K/780<Aÿ0JJ353/<4ÿ/H?4
Slide 13: 4./A;B89ÿC6A8 D17589ÿE8/8=96=1./ÿ96=8ÿ.Fÿ @IE6/H1/7ÿF288=ÿC;A1/8AAÿ1/ÿ 5GC91Hÿ8284=914ÿ:851428Aÿ B8H1;BÿH;=GJÿE12.=1/…
"#$ÿ%&'$#ÿÿ$#()$ÿ$*+",)&, [NYYP\]PQÿUNQÿ^ÿ XRMQVZÿ TV]XO_Z`ORÿVUPÿ PTPUOQVUÿ WPXVUTPY WPXVUTPY MNOOPQRÿ aPZV̀a_^ÿXPNWR_ PTPUOQVUÿ Z`ORÿbTPPOÿWPXVUTPY WPXVUTPY -./0.12ÿ456/78ÿ98:8/;8ÿ D17589ÿE8/8=96=1./ÿ96=8ÿ.Fÿ @IE6/H1/7ÿF288=ÿC;A1/8AAÿ1/ÿ K12.=1/7ÿC6==89Gÿ8284=914ÿ 79.<=5ÿ1/ÿ>?@ÿ:851428ÿ 5GC91Hÿ828
Slide 14: w9A23 wC?C7ÿ /@73; _C43 l ÿ /123@ÿ s:9]7>
#$#%&ÿ'()*%%$+ÿ$+,*(*+ÿ'))'-.+$& 314C=?ÿu:1=4ÿ\]1:3=3@@ p:A@734ÿ:1=4ÿgVdÿVxfdÿQaÿifKdX /01234ÿ621789:; <=3ÿ98ÿ7>3ÿ21:?3@7ÿ1A79ÿ@3:BC03@ÿ09;D1=C3@ÿEFÿHIJIÿKFLÿMKFKLKÿNEOPÿQRSTQÿUVWKOEVFX p:10Zÿq309:4ÿ98ÿrC?>ÿs:9]7> 6:9B3=ÿ7:10Zÿ:309:4ÿ98ÿ:3B3=A3ÿ1=4ÿtuvpw\ÿ?:9]7>ÿOPdVjhPÿFfNÿXOVdfXRÿXKcfÿXOVdfÿ X
Slide 15: Appendix
Alex APPENDIX
Slide 16: WXÿYZÿ[Y[\]]^ÿ_X]W`X
WXÿYZÿ[Y[\]]^ÿ_X]W`X "#$%ÿ'()%)*+,+$-*ÿ$*./01)%,120%+)1345"67,*1,120%+)1),(*$*8%')(%#,()9-(:,(1;/--<$*8ÿ*-*;=77>ÿ9$*,*.$,/ÿ?),%0()%@ÿÿ A-*;=77>ÿ?),%0()%ÿ$*./01)ÿ,120%+?)*+%ÿ9(-?ÿ()%0/+%ÿB,%)1ÿ-*ÿC@D@ÿ=77>ÿ+#,+ÿ?,*,8)?)*+ÿB)/$)E)%ÿ)*,B/)%ÿ.-?',($%-*ÿ-9ÿ.)(+,$*ÿ9$*,*.$,/ÿ+()*1%ÿ,*1ÿ()%0/+%ÿB)+:))*ÿ ')
Slide 17: OPQÿ9RSTPÿUPVRWP
OPQÿ9RSTPÿUPVRWP "#$%&$'()ÿ+,#-./ÿ'+/ÿ&0),#+'(1ÿ0),2&,3#(-)ÿ#(4ÿ3#(#1)/ÿ'+/ÿ56/'()//ÿ6/'(1ÿ-),+#'(ÿ.)7ÿ3)#/6,)/8ÿ'(-$64'(1ÿ/7/+)39:'4)8ÿ-&30#(79&0),#+)4ÿ#(4ÿ2,#(-;'/)4ÿ/+&,)ÿ-&6(+/ÿ #(4ÿ<<<=ÿ#(4ÿ/7/+)39:'4)ÿ/+&,)ÿ/#$)/>ÿ?#(#1)3)(+ÿ5)$')%)/ÿ+;)/)ÿ3)#/6,)/ÿ#,)ÿ6/)26$ÿ+&ÿ)%#$6#+'(1ÿ#(4ÿ6(4),/+#(4'(1ÿ"#
Valvoline — Baird 2023 Global Consumer, Technology & Services Conference on 6ix