Pentair Plc. · NYSE:PNR
Pentair — Investor Day (2026)
140 slides from Pentair's investor day presentation, 2026
Slide 1: Investor Day 2026
INVESTOR DAY 2026 ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026
Slide 2: Welcome & Opening Remarks
WELCOME & OPENING REMARKS Shelly Hubbard VP, Investor Relations ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 2
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation
Slide 4: Key Definitions
Key Definitions • Except as otherwise noted, our results represent continuing operations for the period indicated, presented on an adjusted basis • Reportable segment income ("segment income") represents operating income of each reportable segment inclusive of equity income of unconsolidated subsidi
Slide 5: Today's Agenda
Today’s Agenda 9:30 AM Welcome & Opening Remarks 10:25 AM Break (15 minutes) Shelly Hubbard | Vice President, Investor Relations 10:40 AM Enjoy Water: Industry Pioneer in Pentair’s 2026-2028 Strategic Vision: Helping Creating Sustainable Pool Solutions Our Customers Move, Improve, and Enjoy Water Je
Slide 6: Pentair's 2026–2028 Strategic Vision
PENTAIR’S 2026–2028 STRATEGIC VISION Helping the World Sustainably Move, Improve, and Enjoy Water John L. Stauch Pentair President and Chief Executive Officer ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 6
Slide 7: Key Messages
Key Messages Helping Our Customers Move, Improve, and Enjoy Water, Life’s Most Essential Resource 1 We have a balanced water portfolio that has delivered superior value 2 Innovation and elite customer experiences expected to accelerate growth 3 Profitable growth and operational efficiencies to accel
Slide 8: Pentair Snapshot (NYSE: PNR)
Pentair Snapshot (NYSE: PNR) 2025 Sales: $4.2B Helping the World Sustainably Move, Improve, and Enjoy Water, Life’s Most Essential Resource OEM, Direct, Other ~25% End Markets Focus on Dividend Aristocrat Profitability & Dividend King 25.2% 50 YEARS Trade / Channel Partners ~75% ROS Annual Dividend
Slide 9: Well-Positioned to Accelerate Growth & Profitability
Well-Positioned to Accelerate Growth & Profitability Purpose Driven, Capable Processes, and Customer Obsessed Culture Our Purpose To create a better world for people and the planet through smart, DEFINES Us sustainable water solutions Our Organization 3 reportable segments with 12 focused and GUIDES
Slide 10: ELT Aligned to Accelerate Growth and Enhance Customer Focus
ELT Aligned to Accelerate Growth and Enhance Customer Focus Talented, Energetic, and Driven Team *Speaking Today De’Mon Wiggins Jerome Pedretti John Stauch EVP and President EVP and CEO President and CEO Pentair Flow and Pentair Pool Pentair Water Solutions Nick Brazis Adrian Chiu Heather Hausmann E
Slide 11: Balanced & Resilient Water Portfolio
Balanced & Resilient Water Portfolio $1.0B in Sales $1.6B in Sales $1.6B in Sales 22.5% ROS 24.2% ROS 33.8% ROS MOVE Water IMPROVE Water ENJOY Water Helping the World Sustainably Move, Improve, and Enjoy Water, Life’s Most Essential Resource Note: Sales and ROS reflect 2025 performance. ©2026 Pentai
Slide 12: We are in the Right Spaces for the Future
We are in the Right Spaces for the Future Uniquely Positioned to Create Long-Term Value Global Water We Serve We Have Awareness & Large, Stable & Numerous Sustainability Focus Profitable End Value Creation Increasing Markets Levers Strong Foundation for Value Creation ©2026 Pentair. All Rights Reser
Slide 13: We Play in Large, Stable, and Growing Industries
We Play in Large, Stable, and Growing Industries Water is a Growing Industry Industry Pentair Size/Growth1 2026-2028T2 CAGR Flow ~$35B ~MSD LSD ~$70B Water Solutions ~$25B ~MSD TAM1 LSD-MSD Pool ~$10B ~MSD MSD 1 TAM = Total Addressable Market; Source: Industry and public company peer reports, compan
Slide 14: Our Key Industries
Our Key Industries We are Well-Positioned for Accelerated Growth when US Residential Recovers 2025 Pentair Sales Historical US Pool Builds1 and Housing Starts2 Total (000’s) 120 1,700 % of Residential 110 1,600 100 1,500 US Pool 90 1,400 80 1,300 Commercial, US Water Industrial, & Residential 70 1,2
Slide 15: Our Focused Strategy is Working
Our Focused Strategy is Working Framework for Delivering Shareholder Value Grow the core profitably Pursue a “few” targeted Execute transformation Strengthen balance sheet to drive consistent initiatives to profitably playbooks / PBS to unlock to provide flexibility value creation accelerate growth
Slide 16: We Have Been a Top-Tier Performer
We Have Been a Top-Tier Performer 2017-2025 Financial Performance $4.2B 5% CAGR Driving Strong Performance1 • Revenue Growth CAGR of 5% Revenue $2.85B • Adjusted EPS CAGR of 12% • Cumulative Free Cash Flow 10% of >$4.0B (2018-2025) Adj. Op. Income $1,054M $497M CAGR 2017 2025 • ROIC at 12/31/2025 of
Slide 17: Executing on Our Commitments
Executing on Our Commitments 2024-2026 2024-2026 2024-2026E Metric Performance Targets1 Results2 Revenue CAGR MSD LSD ROS 24% 26% ROIC High-teens High-teens FCF Generation ~$2B ~$2.3B Adj. EPS CAGR LDD 12% Our Performance Since Pentair 2024 Investor Day 1 Targets reflect 2024 Investor Day presentati
Slide 18: Our Growth Accelerators (How We Win)
Our Growth Accelerators (How We Win) MOVE Water IMPROVE Water ENJOY Water • Well-established and trusted brands • Robust, leading filtration capabilities • Industry leading innovation (100+ year old brands) • End-to-end commercial water solutions • Strong dealer relationships, support, • Ongoing foc
Slide 19: Our Organizational Framework Guides Us
Our Organizational Framework Guides Us Reportable segments for benchmarking and longer-term value creation MOVE Water $1.0B; 22.5% ROS IMPROVE Water $1.6B; 24.2% ROS ENJOY Water $1.6B; 33.8% ROS ELT drives longer-term strategy, transformation, innovation, M&A and benchmarked BU expectations Flow Wat
Slide 20: Our Flow Business
Our Flow Business A Leading Provider of Sustainable Solutions (Pumps & Filtration) for Critical Applications Revenue Adj. Op. Income Why We Win: $1.0B • Iconic brands in key industries • Strong partnerships across essential applications $0.8B ~$1.9B of • Specialized, IP-protected technology portfoli
Slide 21: Our Water Quality Management Business
Our Water Quality Management Business A Leading Provider of Water Supply, Water Disposal, & Water Treatment Solutions Revenue Adj. Op. Income Why We Win: $1.0B • Leading brands recognized in the Industry $0.9B Spray & • Strong channel partnerships Specialty ~$1.1B of • Combined portfolio solves more
Slide 22: Our Commercial Water Solutions Business
Our Commercial Water Solutions Business A Leading Provider of Premium Filtration & Ice Solutions for Hospitality Revenue Adj. Op. Income Why We Win: $0.7B • Well known, established brands • Expansive portfolio for water professionals ~$0.6B of • Leading R&D, engineering, and manufacturing Value* cap
Slide 23: Our Pool Business
Our Pool Business The Leading NA Pool Equipment & Experience Brand Revenue Adj. Op. Income Why We Win: $1.6B • Premium positioning & innovation track record • Large install base ~$4.3B of • Deep dealer relationships Value* $1.0B Key Industry Terrain: Pumps • Innovation enhancing customer experience
Slide 24: Our Largest Growth Opportunities
Our Largest Growth Opportunities Focused Growth Actions to Drive Accelerated Growth Performance NA Pool Innovation Focused Filtration and Residential NA Commercial & Automation Ice Expansion Utility Room Buildings & (Pool) & Innovation (NA Plumber) Infrastructure (CWS BU) Acceleration (Flow) (WQM BU
Slide 25: Executing a Clear Transformation Strategy and Evolving PBS
Executing a Clear Transformation Strategy and Evolving the Pentair Business System (PBS) Creating Significant Stakeholder Value through Our Transformation Strategy and Pentair Business System Pentair Business System Expanding ROS from 18.6%1 to ~28%2 Through Key Initiatives: • Leadership Tools • 80/
Slide 26: Our Productivity Propels Us
Our Productivity Propels Us Strong Progress Since 2019 … Significant Opportunity Remains Pentair % of Revenue 2019 2025 1. Our Goal is to Drive Income $’s up 8-9% every year “You cannot take margin to the bank!” Material 2. Substantial ROS realized through Pricing & Sourcing Transformation … 80/20 h
Slide 27: Our Culture Distinguishes Us
Our Culture Distinguishes Us Our Culture Focuses on Accountability and Continuous Improvement Our Leadership Competencies Win Right Values BE A THOUGHT LEADER Be Curious. Be Strategic. Win Right BE ACCOUNTABLE ABSOLUTE Deliver Results. Deliver Execution. CUSTOMER FIRST INTEGRITY INNOVATION & RESPECT
Slide 28: Our Cultural Guiding Principles
Our Cultural Guiding Principles Our Desired Growth Culture Expectations FOCUS GROWTH & TEAM PROFIT ENGAGED and Accountable Prioritize, Sequence Winning Better Together Employees, Delivering with a and Resource the “Leverage Teams and Sense of Urgency for Critical Few Best Practices” Customers and Sh
Slide 29: Our Pentair Leadership Tools
Our Pentair Leadership Tools Moving with Greater Speed and Clarity Leadership Philosophy Lead by example Leader’s Intent What & Why, NOT How Confirmation Brief “I don’t know what I said until After Action Review you tell me what you heard” The mission is not over until we do the AAR Back Brief Confi
Slide 30: Our Priority Innovation Themes
Our Priority Innovation Themes Addressing Current and Future Water Challenges MOVE Water IMPROVE Water ENJOY Water Advanced Flow and Waste to The Future of Whole Effortless, Sustainable Value Technologies Home Water Treatment Experience TECHNOLOGY ’25 Revenue ’25 Revenue ’25 Revenue ’25 Revenue Pump
Slide 31: Key Innovation Opportunities
Key Innovation Opportunities Large, Disruptive, & Innovative Introductions to Provide Elite Customer Experiences Residential & Pool Automation & Institutional & Sustainable Process Commercial Utility Innovation Hospitality Water Solutions Rooms Dispense Expected to generate greater than $250M of add
Slide 32: 2026-2028T Performance Algorithm
2026-2028T Performance Algorithm Focused Value Contribution by Segment/Business Drives Performance Acceleration Flow Segment Water Solutions Segment Pool Segment WQM Business Unit CWS Business Unit MSD LSD MSD MSD Sales CAGR Sales CAGR Sales CAGR Sales CAGR with with with with Robust ROS Robust ROS
Slide 33: Key Takeaways
Key Takeaways 1 2 3 Driving More Balanced Growth Significant Operating Efficiency US Residential Recovery, AND Productivity Performance Opportunities Remain in Flow and Innovation and Capital in 2026-2028 WQM (Water Solutions) to Unlock Allocation can Provide Upside Value for Shareholders to our Fin
Slide 34: Strategy, Innovation, and Digital Opportunities
STRATEGY, INNOVATION, AND DIGITAL OPPORTUNITIES Enabling Future-Focused Value Creation Adrian Chiu EVP & Chief Strategy, Innovation & Digital Officer ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 34
Slide 35: Key Messages
Key Messages Enabling Future-Focused Value Creation 1 Water challenges are evolving, requiring new modern, innovative solutions 2 Our portfolio and capabilities make us uniquely well-positioned to address secular water trends 3 We are elevating our capabilities to accelerate organic growth and deliv
Slide 36: Introduction to Strategy, Innovation, and Digital
Introduction to Strategy, Innovation, and Digital Accelerating Growth through Strategy, Innovation, and Customer-Centric Digital Solutions Purpose: To enable long-term value creation through shaping future-focused strategies, unlocking new revenue streams, and accelerating organic growth through cus
Slide 37: Modern Water Challenges Require Modern Water Solutions
Modern Water Challenges Require Modern Water Solutions Life’s Most Essential Resource is Under Stress Water Challenges Evolving • Water covers 71% of our planet, yet <1% is easily accessible1 • 45% of U.S. tap water at risk of containing PFAS1 • 2 million miles of U.S. drinking water mains … 2 trill
Slide 38: Deep, Differentiated Capabilities Across our Businesses
Deep, Differentiated Capabilities Across our Businesses We are Uniquely Positioned to Address Modern Water Challenges MOVE Water $1.0B; 22.5% ROS IMPROVE Water $1.6B; 24.2% ROS ENJOY Water $1.6B; 33.8% ROS Flow Water Quality Commercial Water Pool Management BU Solutions BU ($1.0B; 22.5% ROS) ($0.9B;
Slide 39: Growth Focus Area: Premium Pool Experience
Growth Focus Area: Premium Pool Experience MSD Driving MSD Organic Growth through Elevating the Pool Experience Sales CAGR Target Attractive Industry Our Right to Win Growth Focus Lifestyle trends (outdoor living, wellness) Aging installed base drives replacements and upgrades Industry growth
Slide 40: Growth Focus Area: Commercial Water
Growth Focus Area: Commercial Water MSD Driving MSD Organic Growth through Commercial Water in Food Service and Hospitality Sales CAGR Target Attractive Industry Our Right to Win Growth Focus Large, scaled industry Increasing consumer spend in coffee and beverages Strong aftermarket business a
Slide 41: Growth Focus Area: Commercial Buildings
Growth Focus Area: Commercial Buildings MSD Driving MSD Organic Growth through Expanding Building Water Management Capabilities Sales CAGR Target Attractive Industry Our Right to Win Growth Focus Large, scaled industry with MSD growth in target end- markets Water efficiency needs creating demand
Slide 42: Growth Focus Area: Residential Water
Growth Focus Area: Residential Water LSD Driving LSD Organic Growth by Advancing Residential Water Quality Leadership in Pro-Trade Sales CAGR Target Attractive Industry Our Right to Win Growth Focus Large, scaled market with dynamic industry changes underway Increased demand for water quality so
Slide 43: Global Innovation Driving Long-Term Growth
Global Innovation Driving Long-Term Growth Customer-First Innovation at Global Scale Innovation & R&D Centers Cary, NC Brookfield, WI St Paul, MN Dover, NH Delavan, WI New Delhi, India Suzhou, China Enschede, Netherlands Product Development & Engineering Innovation Centers Customer Exp
Slide 44: Our Priority Innovation Themes
Our Priority Innovation Themes Addressing Current and Future Water Challenges MOVE Water IMPROVE Water ENJOY Water Advanced Flow and Waste to The Future of Whole Effortless, Sustainable Value Technologies Home Water Treatment Experience TECHNOLOGY ’25 Revenue ’25 Revenue ’25 Revenue ’25 Revenue Pump
Slide 45: Making Better Essential
Making Better Essential Sustainability as a Differentiator and Value Creator 2025 Awards and Recognitions Achieving Initial Targets … and Driving Progress Towards New Milestones In 2024, we achieved our initial (2021) targets: In 2025, we set new targets: Water Stewardship: Reduced our water withdra
Slide 46: Case Study: Xcentric Impeller
Case Study: Xcentric Impeller Demonstrating Innovation in a 200-Year-Old Brand Revolutionary XRW Pumps Superior Clog Resistance Lower Operational Costs Wipes and solids flow through. Fewer failures, less maintenance, lower energy use. Big savings long term. Less Capacity Drift Runs smoother an
Slide 47: Advanced Pool Filtration & Purification
“Green to Clean” Advanced Pool Filtration & Purification Enhancing the Value of Pool Pad with Next Level Pool Filtration Unrivaled Pool Clarity and Cleanliness Breakthrough Innovation: Value for Premium Pool Owners: Filtration – Leveraging Pentair’s Unmatched Pool Clarity proprietary membrane te
Slide 48: Introducing Everpure Home
Introducing Everpure Home “I want to bring my clients to my house and show off how it works and make it the assumption that everybody is going to have this.” Reimagining How Water is Experienced in the Home - Luxury Home Builder Breakthrough Luxury Whole Home Water Appliance Value for Luxury Homeown
Slide 49: Water Dispense + Digital Ads Partnership
Partnership: Developing New Revenue Streams with Innovative Business Models Turning public water access from a cost to a revenue driver by intersecting two growing business models: Water Dispense + Digital Ads Southern NYC Miami Austin Minneapolis California St. Paul Free water, Powered by Ad Partne
Slide 50: Digital and AI as a Value Creator
Digital and AI as a Value Creator Elevating Digital and AI Capabilities to Drive Growth, Innovation, and Productivity Digital and AI Capabilities Value Creation Impact Connected Products Data and Insights Revenue AI and data driven performance Customer insights to deepen connection • Revenue Growth
Slide 51: The Future of Connected Pools
The Future of Connected Pools 1 million+ Expanding the Value of the Pool Pad for Customers and Pentair Connected Pools by 2028* From Pool Automation to … Integrated, Connected Pools Pool Dealers & Servicers Customer Value for Owners, Dealers, and Distributors: • Effortless pool experience for pool o
Slide 52: Key Takeaways
Key Takeaways 1 2 3 Strategy, Innovation, and Digital Identifying and incubating high- Customer-first digital and AI to to drive long-term sustainable potential innovation to unlock new enable business strategies and enterprise value business models and revenue create differentiated value streams ©2
Slide 53: Move & Improve Water
MOVE & IMPROVE WATER Accelerating Growth in Flow & Water Solutions De’Mon Wiggins EVP & President, Pentair Flow & Water Solutions ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 53
Slide 54: Key Messages
Key Messages Helping Our Customers Move and Improve Water, Life’s Most Essential Resource 1 Our brands command great positions in essential industries and key applications for our customers; uniquely well-positioned for secular water trends 2 Pentair Business System is foundational for our ability t
Slide 55: Pentair Flow
Pentair Flow Helping the World Sustainably Move Water, Life’s Most Essential Resource Protecting people Shielding Empowering mission Enabling industries Supporting and property homes and critical systems that to responsibly sustainable in critical cities from unlock uptime and use life’s most custom
Slide 56: Our Flow Business
Our Flow Business A Leading Provider of Sustainable Solutions (Pumps & Filtration) for Critical Applications Revenue Adj. Op. Income Why We Win: $1.0B • Iconic brands in key industries • Strong partnerships across essential applications $0.8B ~$1.9B of • Specialized, IP-protected technology portfoli
Slide 57: How Pentair Will Differentiate - Growth Areas
How Pentair Will Differentiate - Growth Areas A Clear Formula to Accelerate Focused Growth INNOVATION DURABLE RECURRING ELITE CUSTOMER REVENUE EXPERIENCE Differentiated, Profitable, Aftermarket Digital Portals, IOT-Enabled Sustainable Technologies Portfolio Solutions Meets customer water and Amplifi
Slide 58: Pentair Flow Legacy of Brands
Pentair Flow Legacy of Brands A Portfolio Built through Decades of Innovation, Scale, and Disciplined Capital Deployment Pumps Separation Technologies Moving water when it’s needed and Wide range of specialized IP-protected membrane and valve when it’s not desired technology and other mission critic
Slide 59: Growth Platform: Commercial Building Water Systems
Growth Platform: Commercial Building Water Systems Meeting Demand at Speed and Enhancing Our Digital Gateways Growth Focus Area: • Operational execution that is quick to market • Enhanced digital customer journey that removes friction • Elevating the customer experience for building operators by enh
Slide 60: Growth Platform: Municipal and Critical Infrastructure
Growth Platform: Municipal and Critical Infrastructure Converting Installed Base and IP Leadership into Durable and Resilient Growth Growth Focus Area: • Fairbanks brand position anchors demand across Municipal Water Pumping Stations critical municipal applications with a deep install base Wastewate
Slide 61: Growth Platform: Sustainable Gas & Circular Solutions
Growth Platform: Sustainable Gas & Circular Solutions Scaling Mission-Critical Sustainability Solutions with Recurring Revenue and Margin Expansion Growth Focus Area: • Market leading solutions in CO₂ recovery and industrial gas support critical sustainability and customer efficiency outcomes • Prem
Slide 62: Case Study: Sustainable Gas & Circular Solutions
Case Study: Sustainable Gas & Circular Solutions How Disciplined Execution and Standardization Unlocked Scalable Growth and Margin Expansion Orders Background: Actions that Led to Turn-Around: • Haffmans and Union • 80/20 approach led to a Engineering are simplification of ETO systems to recognized
Slide 63: Case Study: Flow Portfolio 80/20 Focus
Case Study: Flow Portfolio 80/20 Focus Actions Improved Cost, Customer Experience, and Growth Capacity Background: Actions that Led to Turn-Around: ~65K Eliminated SKUs • Discontinued low runner and • Portfolio spanning over highly complex products several industries and geographies • Implemented st
Slide 64: Flow Transformation Focus
Flow Transformation Focus Robust Transformation Opportunity Pricing Sourcing Operations Organization Accelerate growth in Revisit previous sourcing Simplify manufacturing Repurpose G&A spend to recurring revenue streams waves footprint & invest in digital automate operations capabilities and elite E
Slide 65: Flow | 3-Year Vision (2026-2028T)
Flow | 3-Year Vision (2026-2028T) MSD Robust Sales Growth ROS Expansion Scalable Growth Drives Shareholder Return ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 65
Slide 66: Pentair Water Solutions
Pentair Water Solutions Helping the World Sustainably Improve Water, Life’s Most Essential Resource Equipping houses Removing Enhancing the Chilling and Protecting for personal unwanted water taste of food and enhancing water-using consumption to protect homes beverages water to enjoy equipment of w
Slide 67: Our Water Quality Management Business
Our Water Quality Management Business A Leading Provider of Water Supply, Water Disposal, & Water Treatment Solutions Revenue Adj. Op. Income Why We Win: $1.0B • Leading brands recognized in the Industry $0.9B Spray & • Strong channel partnerships Specialty ~$1.1B of • Combined portfolio solves more
Slide 68: How Pentair Will Differentiate - Growth Areas
How Pentair Will Differentiate - Growth Areas A Clear Formula to Accelerate Focused Growth SYNERGIES EXPANDING CHANNELS ELITE CUSTOMER EXPERIENCE Expanded Product Partnering with New Solutions Portfolio General Services Tools, Training and Contractors Rewards System Addresses emerging needs Anticipa
Slide 69: Growth Platform: Residential Water Systems
Growth Platform: Residential Water Systems Expanding Residential Share Through Portfolio Integration, Channel Leverage, and Dealer Conversion Growth Focus Area: • Residential water movement and filtration Pentair Residential portfolio consolidation brings leading brands Irrigation Solutions and solu
Slide 70: Case Study: Residential Water Supply & Water Disposal 80/20 Focus
Case Study: Residential Water Supply & Water Disposal 80/20 Focus Simplifying The Portfolio to Drive Focused Growth and Margin Expansion Background: Actions that Led to Turn-Around: ~3,200 Eliminated SKUs • Refocused resources to • A growing customer base of thousands of dealers overserve high growt
Slide 71: Water Quality Management Transformation Focus
Water Quality Management Transformation Focus Robust Transformation Opportunity Pricing Sourcing Operations Organization Focus in professional Drive sourcing initiatives Global manufacturing G&A optimization channels with greatest leveraging 80/20 focus opportunity and opportunity value capture oppo
Slide 72: Water Quality Management | 3-Year Vision (2026-2028T)
Water Quality Management | 3-Year Vision (2026-2028T) LSD Robust Sales Growth ROS Expansion Targeted Growth and Transformation Deliver Income Expansion ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 72
Slide 73: Our Commercial Water Solutions Business
Our Commercial Water Solutions Business A Leading Provider of Premium Filtration & Ice Solutions for Hospitality Revenue Adj. Op. Income Why We Win: $0.7B • Well known, established brands • Expansive portfolio for water professionals ~$0.6B of • Leading R&D, engineering, and manufacturing Value* cap
Slide 74: How Pentair Will Differentiate - Growth Areas
How Pentair Will Differentiate - Growth Areas A Clear Formula to Accelerate Focused Growth FILTRATION ICE SMART INNOVATION INNOVATION SYSTEMS Sustainable and Comprehensive Ice Instrumentation and Advanced Filtration Solutions Portfolio Digital Interfaces Addresses growing water Amplifies ability to
Slide 75: Manitowoc Ice: Fully Integrated with Pentair
Manitowoc Ice: Fully Integrated with Pentair Evolution through 2025 2021-2025 performance: Cost synergies exceeding NPI Roadmap poised to Entering new market Revenue: ~8% CAGR target by ~$6M through 80/20 accelerate revenue growth verticals with significant Adj. Op. Income: ~10% CAGR and transformat
Slide 76: Growth Platform: Convenience Stores
Growth Platform: Convenience Stores Capturing Outsized Growth by Serving High-Velocity Food Service Channels Growth Focus Area: • Sweet spot solutions (fountain) driving 40% of Pentair Manitowoc profits in a rapidly growing convenience store commercial ice machines (NEO® Series, Indigo® NXT food ser
Slide 77: Growing through Innovation: NEO Refresh
Growing through Innovation: NEO Refresh Deepening Our Competitive Advantage through Innovation and Sustainability Integrated Onboard Filtration: Sustainability: Operator accessibility: Reduces suspended particles, 26% average decrease in energy Easier access to key microplastics, chlorine tast
Slide 78: Key Commercial Water Solutions Growth Priorities
Key Commercial Water Solutions Growth Priorities CWS is Poised for Growth 1 Cutting-Edge Innovation Across commercial water filtration applications and ice technologies 2 Expanding Presence In under-penetrated Key Accounts, OEMs 3 Smart Connected Systems Leverage data and insights for water usage im
Slide 79: Commercial Water Solutions | 3-Year Vision (2026-2028T)
Commercial Water Solutions | 3-Year Vision (2026-2028T) MSD Modest Sales Growth ROS Expansion Targeted Growth and Transformation Deliver Income Expansion ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 79
Slide 80: Key Takeaways
Key Takeaways 1 2 3 4 Transformation has We are evolving with our Our teams are curious, PBS is foundational to positioned the business to partner distributors and customer obsessed, and the Pentair Flow & Water perform and scale end-users to deliver united to grow Solutions growth value evolution ©
Slide 81: Enjoy Water
ENJOY WATER Industry Pioneer in Creating Sustainable Pool Solutions Jerome Pedretti EVP and CEO, Pentair Pool Greg Claffey President and Chief Revenue Officer, Pentair Pool ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 81
Slide 82: Key Messages
Key Messages Pool has been the Leading Value Contributor for Pentair, Even More Value in the Future 1 Leading the way in an attractive industry supported by favorable secular trends and recurring demand from a large installed base 2 Premium positioning and strong resilience based on differentiated c
Slide 83: Our Pool Business
Our Pool Business The Leading NA Pool Equipment & Experience Brand Revenue Adj. Op. Income Why We Win: $1.6B • Premium positioning & innovation track record • Large install base ~$4.3B of • Deep dealer relationships Value* $1.0B Key Industry Terrain: Pumps • Innovation enhancing customer experience
Slide 84: Pool Industry Attractiveness
Pool Industry Attractiveness Structural Trends supporting Resilience and Growth Recurring Revenue Industry Growth Connectivity Consumer Trends Exposure Upside Opportunity • ~80% of industry • New Pools growing • Only ~70% of new • Technology adoption spend linked to installed base by pools are conne
Slide 85: Why We Win
Why We Win Our Sustainable Competitive Advantages Premium Industry Leading Dealer Technology Positioning Size and Scale Relationships Leader High-End Brand Largest Installed Largest Dealer Network Largest Number of Base in U.S. Connected & Leader in Product Industry Leading Dealer Automated Pools Qu
Slide 86: The Pool Customers
The Pool Customers Our Deep Dealer Relationships are a Competitive Advantage and Drive Penetration Dealer Value Proposition Sales and Distributors High Quality New Product Loyalty Product Service Products Innovation Program Training Excellence Builders Servicers Pool Owners Customer Retention Dealer
Slide 87: Legacy of Industry Changing Innovation
Legacy of Industry Changing Innovation How Innovation Expands the Industry and Accelerates Growth IntelliFlo Case Study Pre-Variable Speed Post-Variable Speed Pumps TAM Pumps TAM (circa 2005)1 (circa 2025)2 Breakthrough Innovation vs. Conventional Pumps ~$250M ~$700M Variable Speed Pumps • Variable
Slide 88: The Case for Connected Pools
The Case for Connected Pools Delivering An Improved Pool Experience for Our Customers Opportunities to Win What Builders What Servicers What Pool with Dealers Need Need Owners Need Maintaining Pools & • Easier Pool Transitions to Pool Water • Easier Pool Water Care • Worry Free Pool Water Servicers
Slide 89: How Pentair Will Differentiate - Growth Areas
How Pentair Will Differentiate - Growth Areas Focused, Clear Strategy to Accelerate Growth AUTOMATION INNOVATION CUSTOMER EXPERIENCE Cohesive Pad-level Breakthrough Unmatched Support Solutions “Effortless Pool” and Product Quality Innovation Unlocks smarter equipment Creates new value and Generates
Slide 90: Why Connected Pools Matter
Why Connected Pools Matter Connectivity Improves End-to-End Experiences across the Value Chain 1 2 Simplified & Expands the Pool Pad Enhanced Customer & Grows the TAM Experience Pentair Pool App Pro Platform 3 4 (Pool Owners ) (Dealers ) Creates Future Increases Stickiness Monetization of The Pool P
Slide 91: Pool Connectivity
Pool Connectivity Transforming the Pool Experience to Drive Growth Pentair Pool Digital Ecosystem Outcomes Pentair Equipment Competitive Advantages Pull Through • TAM Expansion Digitally Connected Enabled • Create value and ROI for Platform Pool Ecosystem d Pool Owner Customers • 1M+ Connected Pools
Slide 92: Pentair's Next Generation IntelliFlo3 Pump
Pentair’s Next Generation IntelliFlo3 Pump ® Setting the Standard for Connected Equipment What Makes IF3 Different? Why It Matters • Auto adjusts for conditions while • Variable Flow Technology driving up to 90% energy savings • Smart, Connected Capabilities • Real-time status, alerts • Pump + 2 Dev
Slide 93: Innovation Opportunity: Pool Equipment Roadmap
Innovation Opportunity Pool Equipment Roadmap Reinforcing Our Technology Leadership IF3 Recent Innovation Adoption Sanitizers Automation Next Gen Heating IntelliVibe IntelliCenter Aesthetics New Water Care Platforms Digital Applications IntelliFlo3 IntelliChlor Plus ~$150M - $200M Cumulative Growth
Slide 94: Introducing the Hybrid Purifier
Introducing the Hybrid Purifier Transforms Water Care for Builders, Servicers & Pool Owners Brings Intelligence to Water Care • Integrated filter performance tracking • Autonomous filter cleaning • 24/7 visibility to filter status • Water chemistry monitoring Delivers Breakthrough Pool Water Quality
Slide 95: Pool Dealer Engagement Model
Pool Dealer Engagement Model Better Serving Dealers Through Sales Excellence Building a Growth Focused Team • Org Designed for Focus • Aligned Support with on Selling Customer Prioritization Go-To-Market Talent Optimization • Increased Sales Team • Completed Numerous Role Competency Through Training
Slide 96: Dealer Support Enhancements
Dealer Support Enhancements Reinforcing Dealer Relationships & Loyalty Leading Dealer Resources Best-in-Class Training Pentair Pool • Faster product install / configuration • Broad in-person curriculum Experience Centers • New sales support structure • On-demand digital options • Improved order fulf
Slide 97: Growth Actions Summary
Growth Actions Summary AUTOMATION INNOVATION DEALER EXPERIENCE Advances our Premium Fortifies Category Expands Dealer Network Positioning & Expands Leadership and Increases Dealer our Installed Base Loyalty ~$150M - $200M ~$150M - $200M ~$100M - $130M 3-year Cumulative Opportunity 3-year Cumulative
Slide 98: Our 80/20 Progress
Our 80/20 Progress Delivered Growth & Profitability with Top Customers & Products ~6,500 Simplified the business: • ~70% of Small Customer Moved to Distribution Eliminated SKUs • Eliminated ~55% of sellable SKUs Resources Drove +10% sales growth for top customers to Fund Growth +$20M Dedicated Sales
Slide 99: Our Transformation Successes
Our Transformation Successes Pentair Business System Discipline Unlocks Meaningful Improvements Safety & Sales Dealer Sourcing Quality Excellence Experience Safety IFR: -14% New Go-to-Market Improved service Sourcing Productivity based on 80/20 for top dealers Warranty: -6% Enhanced the Value Increa
Slide 100: Pool | 3-Year Vision (2026-2028T)
Pool | 3-Year Vision (2026-2028T) MSD Modest Sales Growth ROS Expansion Elevating our Industry-Leading Performance and Driving Sustained Shareholder Value ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 100
Slide 101: Key Takeaways
Key Takeaways 1 2 3 4 Leading the way in an Premium positioning and Innovation, Connected Pentair Business System attractive industry resilience based on Pools, and Elite Customer funds future growth differentiated Experience drive growth competitive advantages and create value ©2026 Pentair. All Ri
Slide 102: Creating Long-Term Shareholder Value
Creating Long-Term Shareholder Value Nick Brazis Pentair Chief Financial Officer ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 102
Slide 103: Key Messages
Key Messages Helping Our Customers Move, Improve, and Enjoy Water, Life’s Most Essential Resource 1 We have a balanced water portfolio that has delivered superior value 2 We expect a more balanced growth & productivity contribution in 2026-2028 3 Transformation has significant runway in our Water Qu
Slide 104: Executing on Our Commitments
Executing on Our Commitments 2024-2026 2024-2026 2024-2026E Metric Performance Targets1 Results2 Revenue CAGR MSD LSD ROS 24% 26% ROIC High-teens High-teens FCF Generation ~$2B ~$2.3B Adj. EPS CAGR LDD 12% Our Performance Since Pentair 2024 Investor Day 1 Targets reflect 2024 Investor Day presentati
Slide 105: Revenue by Segment
Revenue by Segment Comparison to 2024 Expectations Performance vs Expectation Portfolio Actions MSD ~$4.3B MSD $4.1B (LSD) LSD Target Up LSD+ Up MSD Up MSD+ -- -- Up MSD 2023 Flow Water Solutions Pool Acquisitions Divestitures 2026E LSD Revenue Growth Reflecting Portfolio Actions and Deferred Resid
Slide 106: Transformation Tools and Operational Execution are Delivering
Transformation Tools and Operational Execution are Delivering Creating Significant Stakeholder Value through Our Transformation Strategy and PBS Key Highlights 2024–2026E Driving Strong Performance ~ $20M ~ $260M ~ $50M • Delivering Transformation Commitments ~ $190M • Results impacted by lower volu
Slide 107: Executing a Clear Transformation Strategy and Evolving PBS
Executing a Clear Transformation Strategy and Evolving the Pentair Business System (PBS) Creating Significant Stakeholder Value through Our Transformation Strategy and Pentair Business System Pentair Business System Expanding ROS from 18.6%1 to ~28%2 Through Key Initiatives: • Leadership Tools • 80/
Slide 108: Pentair Business System – 80/20 & Operational Excellence
Pentair Business System – 80/20 & Operational Excellence Significant Progress ... and Opportunity Flow WQM CWS Pool Value Creation Product & Customers Growth Growth Growth Growth • Product & Customers pivot to Quad 1 Growth • Functional and operational opportunities Business focused on Flow and WQM
Slide 109: Pentair Business System – Operational Excellence
Pentair Business System – Operational Excellence Sales, Inventory, and Operational Planning … Significant Opportunity Future State Value Creation Digital Enhancement Forward Looking Data • Higher quality data to support leadership decision SIOP Model with 80/20 making … enhanced visibility into risk
Slide 110: Make vs. Buy Transformation Program
Make vs. Buy Transformation Program Addressing our Facility Footprint and Cost Structure Key Objectives and Scope Value Creation Vision and Strategy • Improved cost structure • Increased margin Prioritized and Quantified Opportunity • Decreased landed costs • Reduced inventories Capability and Stand
Slide 111: 2026-2028T Performance Algorithm
2026-2028T Performance Algorithm Focused Value Contribution by Segment/Business Drives Performance Acceleration Flow Segment Water Solutions Segment Pool Segment WQM Business Unit CWS Business Unit MSD LSD MSD MSD Sales CAGR Sales CAGR Sales CAGR Sales CAGR with with with with Robust ROS Robust ROS
Slide 112: Pentair Base Case Financial Performance
Pentair Base Case Financial Performance We have Been a Top-Tier Performer … We Expect to Accelerate Performance vs 2025 ~MSD 2026–2028 $4.2B CAGR Driving Strong Performance Revenue • Revenue Growth CAGR of ~MSD $2.85B • Adjusted Op. Income CAGR of ~HSD • Adjusted EPS CAGR of ~LDD ~HSD Adj. Op. Inc.
Slide 113: Pentair Expected Revenue Growth by Segment
Pentair Expected Revenue Growth by Segment 2026-2028T Pentair Growth ~MSD ~$4.8B ~MSD ~MSD $4.2B MSD 2025 Flow Water Solutions Pool Breakthrough N.A. Market Contingency 2028T Innovation Recovery Portfolio Balance Across Segments Drives MSD Revenue Growth 113 ©2026 Pentair. All Rights Reserved. INVES
Slide 114: Pentair Business System Delivering Income Growth
Pentair Business System Delivering Income Growth Strong Progress Since 2019 … Significant Opportunity Remains Pentair % of Revenue 2019 2025 2028T 2026–2028T Driving Strong Performance Material • Substantial income and ROS % opportunities across portfolio ̶ PBS deployment accelerates Labor, Overhead
Slide 115: Robust Transformation Opportunities in Flow & WQM
Robust Transformation Opportunities in Flow & WQM Significant Opportunity Remains 2026–2028T Labor & Overhead % of Revenue G&A % of Revenue Driving Strong Performance $60M $25M Opportunity Opportunity • Flow and WQM have significant longer- term opportunities for optimization • Continued investments
Slide 116: Pentair Expected Income Growth by Segment
Pentair Expected Income Growth by Segment 2026-2028T Pentair Growth ~$1.4B ~28% $1.05B ROS 25.2% ROS 2025 Flow Water Solutions Pool Breakthrough N.A. Market Contingency 2028T Innovation Recovery Income Contribution by All Segments Note: Income represents Adjusted Operating Income 116 ©2026 Pentair.
Slide 117: Driving Shareholder Returns (2026-2028 Expectations)
Driving Shareholder Returns (2026-2028 Expectations) Low Double-digit EPS driven by performance and 1x leverage 2024–2026E 2026–2028T 2026–2028T Metric Results1 Base Case2 Upside Case3 Revenue CAGR LSD MSD MSD+ EBITDA CAGR HSD ~HSD ~LDD Adj. Op. Income CAGR HSD ~HSD ~LDD Tax Rate ~16% - 17% ~20%2 ~2
Slide 118: Disciplined and Focused Capital Allocation Strategy
Disciplined and Focused Capital Allocation Strategy Targeting Net Income to Free Cash Flow Conversion of ~100% and Capital Light Operating Model Cumulative FCF 2026–2028T (2026–2028T) Driving Strong Performance ~$2.7B • Maintain Investment Grade Rating ̶ Targeted Leverage Ratio of ~2.0x • Invest in
Slide 119: Pentair 2026 to 2028 Financial Targets – Base Case
Pentair 2026 to 2028 Financial Targets – Base Case Revenue CAGR 2028 Adj. Op. Inc. and ROS Adj. EPS CAGR* MSD ~$1.4B / >28% Low Double-Digit +300 bps vs. 2025 EBITDA CAGR 3-Year Expected Free Cash Flow* 2028 ROIC HSD% ~$2.7B ~High-Teens ~25% ~35% ~40% % of Total Revenue by Segment (FY’28T) Balanced
Slide 120: Key Takeaways
Key Takeaways 1 2 3 Driving More Balanced Growth Significant Operating Efficiency US Residential Recovery, AND Productivity Performance Opportunities Remain in Flow and Innovation and Capital in 2026-2028 WQM (Water Solutions) to Unlock Allocation can Provide Upside Value for Shareholders to our Fin
Slide 121: Key Messages
Key Messages Helping Our Customers Move, Improve, and Enjoy Water, Life’s Most Essential Resource 1 We have a balanced water portfolio that has delivered superior value 2 Innovation and elite customer experiences expected to accelerate growth 3 Profitable growth and operational efficiencies to accel
Slide 122: Q&A
Q&A ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 122
Slide 123: Executive Leadership Team & Speaker Bios
Executive Leadership Team & Speaker Bios ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 123
Slide 124: John Stauch
John Stauch Pentair President and Chief Executive Officer John Stauch currently serves as Pentair President and Chief Executive Officer. Prior to joining Pentair as Chief Financial Officer in 2007, Stauch served as Chief Financial Officer of the Automation and Control Systems unit of Honeywell Inter
Slide 125: Nick Brazis
Nick Brazis EVP and Chief Financial Officer Nick Brazis currently serves as the Executive Vice President and Chief Financial Officer of Pentair. Brazis joined the company in 2023 as Vice President of Corporate Development and assumed additional roles in Treasury in 2024 and Risk Management in 2025.
Slide 126: Adrian Chiu
Adrian Chiu EVP and Chief Strategy, Innovation and Digital Officer Adrian Chiu currently serves as Executive Vice President and Chief Strategy, Innovation and Digital Officer of Pentair. Chiu joined Pentair in 2011, most recently having served as President of Pentair Water Solutions. He previously h
Slide 127: De'Mon Wiggins
De’Mon Wiggins EVP and President, Pentair Flow & Water Solutions De’Mon Wiggins currently serves as Executive Vice President and President of Pentair Flow and Pentair Water Solutions. Wiggins joined Pentair in 2010 and has held positions of increasing responsibility, including as President of Pentai
Slide 128: Jerome Pedretti
Jerome Pedretti EVP and CEO, Pentair Pool Jerome Pedretti currently serves as Executive Vice President and Chief Executive Officer of Pentair’s Pool segment. Pedretti joined Pentair in 2005 and has held positions of increasing responsibility across Business Development, EMEA, Valves & Controls and A
Slide 129: Lance Bonner
Lance Bonner EVP, General Counsel and Secretary Lance Bonner currently serves as Executive Vice President, General Counsel and Secretary of Pentair. Bonner joined Pentair in 2025 and was previously Associate General Counsel, Corporate and Assistant Secretary at Inspire Medical Systems. Prior to Insp
Slide 130: Tanya Hooper
Tanya Hooper EVP and Chief Human Resources Officer Tanya Hooper currently serves as Executive Vice President and Chief Human Resources Officer of Pentair. Hooper joined Pentair in 2022 and was previously Vice President of Global Talent and Corporate Human Resources at Honeywell. Prior to Honeywell,
Slide 131: Heather Hausmann
Heather Hausmann EVP, Chief Information Officer and Chief Information Security Officer Heather Hausmann currently serves as the Executive Vice President, Chief Information Officer and Chief Information Security Officer of Pentair. Hausmann joined Pentair in 2022, holding leadership positions of incr
Slide 132: Greg Claffey
Greg Claffey President and Chief Revenue Officer, Pentair Pool Greg Claffey is President and Chief Revenue Officer for Pentair Pool. Since joining Pentair in 2017, he has held various leadership roles across Pentair including Group President Residential and Irrigation Flow, Vice President and Global
Slide 133: Shelly Hubbard
Shelly Hubbard Vice President, Investor Relations Shelly Hubbard currently serves as Vice President, Investor Relations of Pentair. Prior to joining Pentair in 2023, Hubbard served as Vice President, Investor Relations at Vista Outdoor. Prior to that role, she was Director, Investor Relations at NIK
Slide 134: Appendix
Appendix ©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 134
Slide 135: Reported To Adjusted 2017, 2019, 2022 and 2025 Reconciliation
Reported To Adjusted 2017, 2019, 2022 and 2025 Reconciliation Pentair plc and Subsidiaries Reconciliation of GAAP to Non-GAAP Financial Measures for the Years Ended December 31, 2017, 2019, 2022 and 2025 Excluding the Effect of 2017, 2019, 2022 and 2025 Adjustments (Unaudited) In millions, except pe
Slide 136: ROIC Reconciliation
ROIC Reconciliation Pentair plc and Subsidiaries Return on Invested Capital (ROIC) (Unaudited) Fourth First Second Third Fourth Quarter Quarter Quarter Quarter Quarter Dollars in millions 2024 2025 2025 2025 2025 Adjusted operating income $ 231.3 $ 242.5 $ 296.7 $ 262.6 $ 251.7 Reported effective ta
Slide 137: 2025 EBITDA Reconciliation
2025 EBITDA Reconciliation Pentair plc and Subsidiaries Reconciliation of Net Income from Continuing Operations to EBITDA for the Year Ended December 31, 2025 (Unaudited) In millions FY 2025 Net income from continuing operations $ 649.5 Adjustments: Restructuring and other 31.3 Transformation costs
Slide 138: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation Pentair plc and Subsidiaries Reconciliation of GAAP Operating Activities Cash Flow to the Non-GAAP Free Cash Flow (Unaudited) In millions 2018 2019 2020 2021 2022 2023 2024 2025 Net cash provided by operating activities of continuing operations $ 458.1 $ 345.2 $ 574.2 $
Slide 139: 2019 and 2025 Segment Information
2019 and 2025 Segment Information Pentair plc and Subsidiaries Supplemental Financial Information by Reportable Segment (Unaudited) In millions 2019 2025 Net Sales Flow $ 797.7 $ 1,001.2 Water Solutions 1,172.8 1,614.5 Pool 985.3 1,558.8 Reportable segment net sales 2,955.8 4,174.5 Corporate and oth
Slide 140: Investor Day 2026
©2026 Pentair. All Rights Reserved. INVESTOR DAY 2026 140