Graco Inc. · NYSE:GGG
Graco — Investor Day (May 2026)
57 slides from Graco's investor day presentation, May 5, 2026
Slide 1: Investor Access Event
INVESTOR ACCESS EVENT May 5, 2026 Dayton, Minnesota
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
CAUTIONARY STATEMENT REGARDING THE FORWARD-LOOKING STATEMENTS THE COMPANY DESIRES TO TAKE ADVANTAGE OF THE “SAFE HARBOR” PROVI SIONS REGARDING FORWARD—LOOKING STATEMENTS OF THE PRIVATE SECURITIES LITIGATION ACT OF 1995 AND IS MAKING THIS CAUTIONARY STATEMENT IN ORDER TO DO SO. FROM TIME TO TIME VARI
Slide 3: A Century of Ingenuity. A Future of Possibility.
A CENTURY OF INGENUITY. A FUTURE OF POSSIBILITY. 3
Slide 4: Welcome and Agenda
WELCOME AND AGENDA HOUSEKEEPING 8:00–9:45 AM Executive presentations 10:00 AM –12:00 PM Facility tour and product Restrooms demonstrations 12:15–1:00 PM Lunch and fireside chat Breaks 1:00-1:15 PM Departure 1:15–4:00 PM Optional session at distribution Transportation & Lunch center and contractor fa
Slide 5: Mark W. Sheahan
MARK W. SHEAHAN President and Chief Executive Officer Mark was appointed President and Chief Executive Officer in June 2021. Prior to that, he served as Chief Financial Officer and Treasurer from June 2018 to June 2021. He led the Applied Fluid Technologies Division as Vice President and General Man
Slide 6: About Today
ABOUT TODAY OBJECTIVES • Hear from Graco executive team to get a closer look at Graco strategy and operations • Learn about 100-year anniversary milestone • Tour facilities and experience product demonstrations 6
Slide 7: Celebrating 100 Years in 2026
CELEBRATING 100 YEARS IN 2026 Global Reach Developed Foundation for Convoy Luber for Company Growth, Increased • Surpassed $1B in revenue in War Efforts Completes IPO Listed on NYSE M&A Focus 2012; $2B in revenue in 2022 • Expanded global scale Founded in Industrial Market Technological through targ
Slide 8: 100 Years of Discipline, Decades of Value Creation
100 YEARS OF DISCIPLINE, DECADES OF VALUE CREATION If you invested $1,000 in Graco stock in 1986 and reinvested the dividends earned each year, that investment would be worth about $480,000 at the end of 2025. That’s a 17.2% growth rate and a 48,000% return. In comparison, the compound annual growth
Slide 9: Graco Today: Diversified Material Handling
GRACO TODAY: DIVERSIFIED MATERIAL HANDLING EXTENSIVE REACH NICHE 4,400 DIFFICULT APPLICATIONS, GLOBAL EMPLOYEES HARD-TO-MOVE MATERIALS 30,000+ CUSTOMERS IN OUTLETS/DISTRIBUTORS* 100+ COUNTRIES Graco designs and manufactures systems to move, measure, dispense and control hard-to-move fluids and FACIL
Slide 10: Graco Vision
GRACO VISION GOALS 1 Increase revenue by 10%+ annually on average, with about two-thirds from core business 2 Grow earnings by 12%+ annually, on average, 3 Drive above market shareholder returns. growth and one-third from acquisitions. over time. Win in premium niche markets that have the most chall
Slide 11: One Graco
1 ONE GRACO 1 One Graco aligned category, product, channel, and sales teams Commercial & Selling across divisions, enabling earlier collaboration, consistent Effectiveness messaging, and cross-division selling. 2 Engineering adopted a cross-functional model with stronger Engineering & Technical proj
Slide 12: One Graco: Select Examples
ONE GRACO: SELECT EXAMPLES Revenue • New market opportunities through cross-selling 1 Expansion Revenue • Sales cross-training and integrated selling activities uncovering previously under-penetrated opportunities Expansion • Improved launch readiness and coordination between commercial and engineer
Slide 13: Investment Profile – Why Graco
INVESTMENT PROFILE – WHY GRACO PROVEN PERFORMANCE KEY INVESTMENT ATTRIBUTES 23% RETURN ON INVESTED CAPITAL 12% TOTAL SHAREHOLDER RETURN • Durable revenue supported by strong, longstanding customer relationships • Defensible market positions with leadership in niche, 20 Yr. S&P 500 at 9% high-value a
Slide 14: Growth Plans and Earnings Drivers
GROWTH PLANS AND EARNINGS DRIVERS
Slide 15: Executive Team
EXECUTIVE TEAM David J. Thompson Peter J. O'Shea Sanjiv Gupta Joseph J. Humke Kathryn L. Schoenrock Laura L. Evanson President, Global Contractor Division President, Global Industrial Division Chief Financial Officer and Treasurer Executive Vice President, General Executive Vice President and Chief
Slide 16: Sanjiv Gupta
SANJIV GUPTA Chief Financial Officer and Treasurer • Vice President & CFO, GM International (2023–2026), General Motors Company • Head of Global FP&A (2019–2023) • President & Managing Director, India; (2017–2019) • CFO, International Markets (ANZ, India, Southeast Asia) • Global leadership across f
Slide 17: David J. Thompson
DAVID J. THOMPSON President, Global Contractor Division • President, Global Contractor Division (January 2025–present) • President, Worldwide Contractor Equipment Division (2024) • Vice President of Engineering, Contractor Equipment Division (2021–2024) • Progressed through engineering leadership ro
Slide 18: Contractor 2025 Performance
2025 PERFORMANCE $1,072M SEGMENT REVENUE 25% OPERATING MARGIN Asia Pacific CONTRACTOR 10% EMEA 21% Americas 69% REVENUE BY REGION 18
Slide 19: Contractor Division
CONTRACTOR DIVISION Growth Drivers: Housing and new construction, infrastructure spending, material changes, end-user conversion from brush and roll, new applications, product innovation and channel expansion 19
Slide 20: Contractor Overview
CONTRACTOR OVERVIEW BUILDING & CONSTRUCTION HOME IMPROVEMENT INFRASTRUCTURE The Contractor division serves professional contractors, DIY customers, material manufacturers, and paint stores worldwide with precision-engineered, customer-fit platforms that are easy to use and offer the highest quality
Slide 21: Contractor Applications
CONTRACTOR APPLICATIONS PAINT PROTECTIVE & HEAVY COATINGS Niche Applications: Residential | Commercial | Industrial | Institutional Niche Applications: Industrial Corrosion Protection | Fire-Proofing | Roofing & Water Proofing | Decorative & Aggregate Building Textures Graco Value: • Serving custome
Slide 22: Contractor Applications
CONTRACTOR APPLICATIONS PAVEMENT, TURF & FLOORING FOAM & POLYUREA Niche Applications: Sports field & turf marking | Industrial & commercial flooring systems | Niche Applications: Tank, piping & containment systems | Building insulation Commercial parking lots | Roadways In-plant foam for manufacturi
Slide 23: Contractor Applications
CONTRACTOR APPLICATIONS NEW COLOR SOLUTIONS Acquired in November 2024 Acquired in November 2025 Niche Applications: Paint manufacturers | Paint retailers | Auto refinishers | Ink producers Graco Value: • Strong customer value comes from using our high-quality automation for high-volume, high-output
Slide 24: One Graco - Contractor
4 ONE GRACO - CONTRACTOR 1 Organizational Simplification & Leadership Alignment Contractor consolidated leadership and operations under a single enterprise structure, removing regional silos and layered decision-making. 2 Sales Effectiveness & Cross-Division Selling Contractor sales increased collab
Slide 25: Prominent End-Users
PROMINENT END-USERS #1 30,000+ 100+ Brand preferred by Distribution outlets providing Countries served professional contractors unmatched global reach All trademarks are the properties of their respective owners. Logos shown for illustrative purposes only. No endorsement or affiliation is implied. 2
Slide 26: Peter J. O'Shea
PETER J. O'SHEA President, Global Industrial Division • President, Global Industrial Division (2025–present) • President roles across Industrial Products and Lubrication Equipment, including South and Central America leadership (2016–2024) • Vice President and General Manager roles in Asia Pacific (
Slide 27: Industrial 2025 Performance
2025 PERFORMANCE $997M SEGMENT REVENUE 34% OPERATING MARGIN INDUSTRIAL Asia Pacific 22% Americas 51% EMEA 27% REVENUE BY REGION 27
Slide 28: Industrial Division
INDUSTRIAL DIVISION Growth Drivers: Factory movement and expansion, automation, technology upgrades, energy efficiency upgrades, material changes, fluid management 28
Slide 29: Industrial Overview
INDUSTRIAL OVERVIEW MANUFACTURING SERVICE & REPAIR The Industrial division helps manufacturers and service teams achieve quality, performance and uptime with integrated automation and system intelligence. Customers reduce risk and waste, while lowering lifecycle cost with systems embedded into daily
Slide 30: Industrial Applications
INDUSTRIAL APPLICATIONS TRANSPORTATION MANUFACTURING GENERAL MANUFACTURING Niche Applications: Sealant & bonding in automotive manufacturing | Liquid finishing in Niche Applications: Sealant, adhesive, and thermal material for electronics, energy, & aerospace & commercial vehicles, | Material bondin
Slide 31: Industrial Applications
INDUSTRIAL APPLICATIONS MACHINERY MANUFACTURING PROCESS MANUFACTURING Niche Applications: Sealant and adhesive in machinery assembly | Fluid management Niche Applications: Ingredient unloading | Hot melt adhesive dispense | Latex and slurry solutions with traceability | Auto lubrication on mobile eq
Slide 32: Industrial Applications
INDUSTRIAL APPLICATIONS SERVICE & REPAIR Niche Applications: Fluid management in service garages | Auto lubrication in off-road mobile & material processing | Fluid transfer & dispense in mobile service Graco Value: • Improved service efficiency and profitability • High durability maximizes equipmen
Slide 33: One Graco - Industrial
3 ONE GRACO - INDUSTRIAL 1 Commercial Alignment & Go to Market Simplification Industrial aligned category, product, channel, sales, and engineering teams earlier in planning to simplify decision-making and deliver more consistent market messaging. 2 Selling Effectiveness & Cross-Selling Sales teams
Slide 34: Prominent End-Users
PROMINENT END-USERS 445 20,000+ 100+ Active worldwide patents Distribution outlets providing Countries in which our unmatched global reach products are used All trademarks are the properties of their respective owners. Logos shown for illustrative purposes only. No endorsement or affiliation is impl
Slide 35: Claudio Merengo
CLAUDIO MERENGO President, Global Powder Division • President, Global Powder Division (2025–present) • President, Worldwide Powder Division (2024) • President, Worldwide Gema (2007–2024) • Additional leadership roles at ITW Finishing and ITW Dynatec (2008–2012) • Earlier leadership roles at Gema acr
Slide 36: Powder Division
POWDER DIVISION Growth Drivers: Investments in factory expansion and modernization, where our differentiated technologies and global service network deliver industrial customers value through automation, process optimization, productivity gains, quality improvements. 36
Slide 37: Powder Division Overview & Applications
POWDER DIVISION OVERVIEW & APPLICATIONS POWDER COATING ALUMINUM EXTRUSIONS DOSING NEW Niche Applications: Residential Appliances | Office Niche Applications: Architectural Extrusions Elements Niche Applications: Tires | Cosmetics | Plastics | Food Furniture | Agriculture Machinery | Automotive Tier
Slide 38: Prominent End-Users
PROMINENT END-USERS 5 10 100+ Manufacturing plants Countries covered Countries in which our in Europe and Asia by direct sales offices products are used All trademarks are the properties of their respective owners. Logos shown for illustrative purposes only. No endorsement or affiliation is implied.
Slide 39: Timothy R. White
TIMOTHY R. WHITE President, Expansion Markets Division • President, Expansion Markets Division (2025–present) • President, Worldwide Process Division (2021–2024) • President, White Knight and QED Environmental Systems (2020–2021) • President, EMEA (2018–2020) • President, QED Environmental Systems (
Slide 40: Expansion Markets 2025 Performance
2025 PERFORMANCE $168M SEGMENT REVENUE 25% OPERATING MARGIN EXPANSION MARKETS Asia Pacific 23% Americas EMEA 60% 17% REVENUE BY REGION 40
Slide 41: Expansion Markets Overview & Applications
EXPANSION MARKETS OVERVIEW & APPLICATIONS ENVIRONMENTAL SEMICONDUCTOR HIGH PRESSURE ELECTRIC MOTORS • Niche markets and key parts of the value chain • Key growth drivers from regulation, advanced computing, energy self-sufficiency, and advanced manufacturing • Built via platform acquisitions in spec
Slide 42: Expansion Market Applications
EXPANSION MARKET APPLICATIONS HIGH PRESSURE EQUIPMENT ENVIRONMENTAL Niche Applications: Oil & Gas | Industrial Testing | Aerospace | Laboratory Niche Applications: Landfill | Clean Energy/Biogas | Groundwater Testing & Remediation Graco Value: Graco Value: • Focused on elevated pressure applications
Slide 43: Expansion Market Applications
EXPANSION MARKET APPLICATIONS SEMICONDUCTOR ELECTRIC MOTORS Niche Applications: Wafer Manufacturing | Life Sciences | Specialty Chemicals Niche Applications: Pump Applications | Marine Propulsion | Robotics & Actuators Heat Exchangers & Fans: Data Centers & Industrial Graco Value: • Providing a tota
Slide 44: Prominent End-Users
PROMINENT END-USERS 11 6 95 Countries with Manufacturing Electric direct sales offices locations motor patents All trademarks are the properties of their respective owners. Logos shown for illustrative purposes only. No endorsement or affiliation is implied. 44
Slide 45: Ryan Patrick
RYAN PATRICK Vice President, Corporate Development • Vice President, Corporate Development (2026–Present), Graco Inc. • Director, Corporate Development (2020-2026), Graco Inc. • M&A Investment Banker (2018–2020), Chartwell Financial Advisory, Inc. • M&A Engagement Leader (2016–2018), EY Strategy & T
Slide 46: M&A: Key Component of Our Growth Strategy
M&A: KEY COMPONENT OF OUR GROWTH STRATEGY Growth • Acquisitions expected to play a key role in extending our technology portfolio and enhancing our position in attractive, high-growth markets GOAL: • Actively evaluating opportunities aligned with our 1/3 of future strategy, capabilities and financia
Slide 47: History of Value-Creating Acquisitions
HISTORY OF VALUE-CREATING ACQUISITIONS Long-standing, Strong alignment with Financial discipline Repeatable disciplined acquirer core capabilities throughout cycles results-oriented process 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 47
Slide 48: Thoughtful Criteria Guide Our Approach
THOUGHTFUL CRITERIA GUIDE OUR APPROACH STRATEGIC CRITERIA FINANCIAL CRITERIA • Mission-critical, highly engineered product • Market segments with sustainable GDP+ technologies in premium niche applications growth expectations • Challenging applications where quality and • Synergies capable of liftin
Slide 49: Disciplined, Proactive Funnel Management
DISCIPLINED, PROACTIVE FUNNEL MANAGEMENT Systematic review of existing verticals and new potential premium markets • Market segments and priority verticals linked to enterprise strategy Sub-market application deep-dive and alignment with strategic criteria • Rigorous screening using investment and M
Slide 50: M&A Focus Areas
M&A FOCUS AREAS CORE BUSINESSES EXPANSION MARKETS DIVISION • Prioritizing capital allocation to opportunities with • Analyzing and pursuing new end-markets the greatest strategic and financial attractiveness with attractive growth • Filling technology and capability gaps necessary • Targeting scaled
Slide 51: Angela F. Wordell
ANGELA F. WORDELL Executive Vice President and Chief Operations and Supply Chain Officer • Executive Vice President and Chief Operations & Supply Chain Officer (2025–present) • Executive Vice President, Operations (2018–2024), including dual role leading Worldwide Oil & Natural Gas Division (2020–20
Slide 52: Operations
OPERATIONS 52
Slide 53: Operations Model
OPERATIONS MODEL OPERATIONS EXCELLENCE Global Manufacturing Scale • Customer-proximate global operations Operational Excellence > 75% PRODUCTS MANUFACTURED IN US ZERO COST CHANGE GOAL • Disciplined execution and continuous improvement Strategic Capital Deployment WARRANTY COSTS IN STOCK SERVICE LEVE
Slide 54: Operations Strategy
OPERATIONS STRATEGY OPERATIONS DRIVERS Globalized Supply Chain: • Integrated sourcing, materials, distribution, • Deliver the right products at the right time with high quality and competitive cost to support growth and quality teams across all regions • Partner closely with commercial teams to alig
Slide 55: Operations Initiatives
OPERATIONS INITIATIVES OPERATIONS DRIVERS PILLARS OF SUCCESS • Safety and quality by design through standard global processes and clear ownership • Reliable delivery via regional manufacturing, optimized networks, SAFETY QUALITY and integrated S&OP Become Incident Free Zero Defects • Cost discipline
Slide 56: One Graco - Operations
6 ONE GRACO - OPERATIONS 1 Seamless Purchasing Experience Make it easier for our customers to do business with Graco by creating a connected, effortless experience through simplifying and evolving our processes and systems. 2 Cost Optimization Drive cost out of existing products through redesign, re
Slide 57: Moving Materials That Matter
OVING MATERIALS THAT MATTER”