Slide 1: Ansell FY26 Half Year Results
Ansell FY26 Half Year Results 16 February 2026
Slide 2: Disclaimer and Non-IFRS Measures
HALF YEAR RESULTS FY26 Disclaimer and Non-IFRS Measures The following presentation has been prepared by Ansell Limited (Ansell or the Company) for information purposes only. The information contained in this presentation is a summary only and does not purport to be complete. It should be read in con
Slide 3: Contents
HALF YEAR RESULTS FY26 Contents 1 2 3 4 5 Performance Key Growth Drivers & Financial FY26 Q&A Overview Sustainability Update Results Outlook Neil Salmon Neil Salmon Brian Montgomery Nathalie Ahlström Neil Salmon (Retiring Chief Executive (Chief Financial Officer) (Incoming Chief Executive Nathalie A
Slide 4: Performance Overview
Performance Overview Neil Salmon 4
Slide 5: Strong Delivery Against Key Performance Objectives
HALF YEAR RESULTS FY26 Strong Delivery Against Key Performance Objectives Our Previously Stated FY26 Goals FY26 H1 Performance Summary Financials ~ Subdued end market conditions Organic ($m)1 FY26 H1 %∆ ~ Organic CC2 sales decline of 0.6%, improving to CC % ∆2 Organic Constant Currency2 sales growth
Slide 6: On Track To Offset Effects Of Higher US Tariffs
HALF YEAR RESULTS FY26 On Track To Offset Effects Of Higher US Tariffs Stated Pricing Objective Pricing to offset higher US tariffs • Total annualised cost ~$80m Pricing Implementation Status All tariff-related price increases activated • First wave of price increases completed in June 2025 • Activa
Slide 7: Continued Success With New Products In Industrial
HALF YEAR RESULTS FY26 Continued Success With New Products In Industrial Industrial Segment – Summary Financials Sales Performance ($m) FY25 H1 FY26 H1 %∆ Org CC1 % ∆ • Adjusted sales growth2 of 3.4% in subdued market conditions, Sales 457.4 467.9 2.3% 1.2% supported by tariff-related pricing in the
Slide 8: Improvement In Healthcare EBIT Margin
HALF YEAR RESULTS FY26 Improvement In Healthcare EBIT Margin Healthcare Segment – Summary Financials Sales Performance ($m) FY25 H1 FY26 H1 %∆ Org CC1 % ∆ • Adjusted sales growth2 of 1.1%, with tariff-related pricing in the US and Sales 562.3 558.7 (0.6%) (2.0%) higher sales in Surgical partially of
Slide 9: Key Growth Drivers & Sustainability Update
Key Growth Drivers & Sustainability Update Neil Salmon 9
Slide 10: Accomplishments Of Last Four Years Better Position Ansell For Long Term Growth
HALF YEAR RESULTS FY26 Accomplishments Of Last Four Years Better Position Ansell For Long Term Growth Success With Digital Leaner, More Productive & Strengthened Business Increased Presence In Higher Transformation, Improving Customer Focused Organisation Processes & Operating Growth Markets Reliabi
Slide 11: Sales Supported By New Product Launches
HALF YEAR RESULTS FY26 Sales Supported By New Product Launches Innovation Focus Areas Key FY26 New Products 11-574 / 11-584 / R570 / R580 / R590 93-800 Comfort 11-594 / 11-814 / Precision comfort Light duty impact-resistant gloves Nitrile disposable glove Products that are comfortable to wear and se
Slide 12: Further Enhancing Customer Intimacy Through Investment In Leading Service Solutions
HALF YEAR RESULTS FY26 Further Enhancing Customer Intimacy Through Investment In Leading Service Solutions Data-driven, proprietary PPE assessment Digital suite of tools that simplifies the Product recycling service that reduces used by our safety experts to provide chemical PPE selection process fo
Slide 13: Delivering Against Sustainability Objectives
HALF YEAR RESULTS FY26 Delivering Against Sustainability Objectives Our 2040 Sustainability Action Plan Targets FY26 H1 Progress People Reduce TRIFR ✓ Reduction in recordable accidents 100% of direct suppliers1 to meet Ansell's labour, health and ✓ Increase in number of finished goods and raw materi
Slide 14: Financial Results
Financial Results Brian Montgomery 14
Slide 15: Double-Digit Earnings Growth
HALF YEAR RESULTS FY26 Double-Digit Earnings Growth P&L Summary Key Comments ($m) FY25 H1 FY26 H1 %∆ Org CC1 % ∆ • Organic CC1 sales decline of 0.6%, improving to adjusted sales Sales 1,019.7 1,026.6 0.7% (0.6%) growth2 of 2.1% Cost of Goods Sold (620.9) (605.3) (2.5%) (3.8%) – Adjusted sales growth
Slide 16: Healthy Balance Sheet
HALF YEAR RESULTS FY26 Healthy Balance Sheet Balance Sheet Summary Key Comments ($m) Dec-24 Jun-25 Dec-25 • Strong balance sheet with Moody’s Baa2 investment grade Fixed Assets 362.1 377.2 404.0 rating Intangibles 1,638.2 1,655.5 1,655.1 • Improvement in working capital versus Jun-25 Right of Use As
Slide 17: Strong Cash Conversion
HALF YEAR RESULTS FY26 Strong Cash Conversion 1 18.4 (20.2) (11.1) (28.2) (18.3) (27.2) FY26 (41.1) 178.5 176.7 (47.2) H1 91.9 (12.5) ($m) (10.7) (19.6) Statutory Working Other Net Receipts Lease Net Capex Net Interest Taxes Operating Dividend Buyback FX Net Debt Acquisitions NIBD EBITDA² Capital Pa
Slide 18: Significant Liquidity & Balance Sheet Capacity To Fund Growth Investments & Capital Management
HALF YEAR RESULTS FY26 Significant Liquidity & Balance Sheet Capacity To Fund Growth Investments & Capital Management Net Debt Summary Key Comments ($m) Dec-24 Jun-25 Dec-25 • Reduction in Net Debt/EBITDA to 1.5x driven by strong earnings Interest-Bearing Debt 737.7 698.9 733.8 growth and working ca
Slide 19: FY26 Outlook
FY26 Outlook Nathalie Ahlström 19
Slide 20: Initial Observations As Incoming CEO
HALF YEAR RESULTS FY26 Initial Observations As Incoming CEO Nathalie Ahlström has been appointed by the Board of Directors as Ansell’s new Managing Director and CEO “I’m honored to take on the role of CEO at Ansell. Across its 130- year history, Ansell has developed into a global leader in safety, i
Slide 21: Key Priorities For Remainder Of FY26
HALF YEAR RESULTS FY26 Key Priorities For Remainder Of FY26 Cash Flows & Capital Driving Sales Growth Improving Productivity Advancing Sustainability Management Build momentum from Deliver KBU cost synergies Sustain improvements in Maintain strong cash highly differentiated new safety metrics conver
Slide 22: Guidance Range For FY26 Adjusted EPS Maintained At US137¢ to US149¢
HALF YEAR RESULTS FY26 Guidance Range For FY26 Adjusted EPS 1 Maintained At US137¢ to US149¢ What We Expect To See Guidance Assumptions • Expecting organic constant currency2 sales growth in FY26 H2 Stable end market – Market conditions expected to remain unchanged Sales conditions, increased sales
Slide 23: Q&A
Q&A Neil Salmon Nathalie Ahlström Brian Montgomery 23
Slide 24: Appendix
Appendix 24
Slide 25: APIP Update: Savings Goal Achieved, Preparing For Commercial ERP System Upgrades
HALF YEAR RESULTS FY26 APIP Update: Savings Goal Achieved, Preparing For Commercial ERP System Upgrades Organisation Simplify & Streamline Our Organisational Structure Summary Financials ✓ Changes completed in FY24 APIP Savings (annual versus FY23 baseline) ✓ Reorganised customer units benefiting fr
Slide 26: Sales & EBIT Impact Of FX Movements
HALF YEAR RESULTS FY26 Sales & EBIT Impact Of FX Movements FX Impact ($m) Key Comments Sales EBIT FY26 H1 vs FY25 H1 • Net improvement in Sales and EBIT, large positive movement in the FX Rate Movements 21.1 4.4 EUR partially offset by adverse movements in the MYR and THB FX Gain/(Loss) Variance – H
Slide 27: Input Costs Summary
HALF YEAR RESULTS FY26 Input Costs Summary FY26 H1 Input Cost Trends • Decline in NBR and NRL costs versus FY25 H1, as well as synthetics and yarns • Employee cost inflation persists in key manufacturing locations, including additional social compliance costs. Continued focus on productivity improve
Slide 28: Organic Constant Currency
HALF YEAR RESULTS FY26 Organic Constant Currency Constant Currency Restated Prior Period ($m) • The presentation of constant currency information is designed to Industrial Healthcare Corporate Group facilitate comparability of reported earnings by restating the prior Prior Period Sales period’s resu
Slide 29: Segment History
HALF YEAR RESULTS FY26 Segment History ($m) FY161 FY171 FY181 FY191 FY201 FY211 FY22 FY23 FY24 FY25 1H201 1H211 1H22 1H23 1H24 1H25 1H26 Ansell Sales 1,352.8 1,374.5 1,489.8 1,499.0 1,613.7 2,026.9 1,952.1 1,655.1 1,619.3 2,003.3 753.3 937.8 1,009.2 835.3 784.9 1,019.7 1,026.6 EBIT2,3,4,5,6,7 188.2
Slide 30: Ansell Fact Sheet
HALF YEAR RESULTS FY26 Ansell Fact Sheet Key Figures Key FY26 Assumptions • Booked tax losses at 31 December 2025: $23.9m • Foreign exchange exposures by currency: Revenue currencies: USD 55%, EUR 26%, CAD 4%, GBP 4%, CNY 3%, • Unbooked tax losses at 31 December 2025: $17.3m (tax-effected) AUD 3% •
Slide 31: Glossary
HALF YEAR RESULTS FY26 Glossary AI – Artificial Intelligence ERP – Enterprise Resource Planning MYR – Malaysian Ringgit APIP – Accelerated Productivity Investment Program EUR – Euro NBR – Nitrile Butadiene Rubber AUD – Australian Dollar FX – Foreign Exchange NIBD – Net Interest-Bearing Debt CAD – Ca
Slide 32: Ansell
Ansell Lead the world to a safer future. www.ansell.com