Crown : Supplemental Investor Information - Q1 2026

About this update from Crown Holdings, Inc.

Crown Holdings, Inc. Reconciliation of Adjusted Net Income and Adjusted EPS In millions except per share data 2026 Interim Periods Q1 2026 Q2 2026 Q3 2026 Q4 2026 Full Year 2026 Net income/diluted earnings per share attributable to Crown Holdings, as reported $ 175 $ 1.56 $ 175 $ 1.56 Intangibles amortization 38 0.34 38 0.34 Restructuring and other 2 0.02 2 0.02 Loss on debt extinguishment 3 0.02 3 0.02 Income taxes (8) (0.07) (8) (0.07) Noncontrolling interest (1) (0.01) (1) (0.01) Adjusted net income/diluted earnings per share $ 209 $ 1.86 $ 209 $ 1.86 More information on reconciling items above can be found on Form 8-K filed with the SEC for each period referenced above. 2025 Interim Periods Q1 2025 Q2 2025 Q3 2025 Q4 2025 Full Year 2025 Net income/diluted earnings per share attributable to Crown Holdings, as reported $ 193 $ 1.65 $ 181 $ 1.56 $ 214 $ 1.85 $ 150 $ 1.31 $ 738 $ 6.38 Intangibles amortization 35 0.30 38 0.33 37 0.32 38 0.33 148 1.28 Restructuring and other (2) (0.02) 47 0.40 30 0.26 8 0.07 83 0.71 Loss on debt extinguishment 1 0.01 14 0.12 15 0.13 Other pension and postretirement (5) (0.04) (5) (0.04) Income taxes (31) (0.26) (13) (0.11) (14) (0.12) (10) (0.08) (68) (0.59) Noncontrolling interest (8) (0.07) (1) (0.01) (9) (0.08) Adjusted net income/diluted earnings per share $ 195 $ 1.67 $ 249 $ 2.15 $ 259 $ 2.24 $ 199 $ 1.74 $ 902 $ 7.79 More information on reconciling items above can be found on Form 8-K filed with the SEC for each period referenced above. Crown Holdings, Inc. Reconciliation of Adjusted EBITDA and Adjusted net leverage ratio In millions except net leverage ratio Q1 2026 Q2 2026 Q3 2026 Q4 2026 Full Year 2026 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Full Year 2025 Net income (loss) attributable to Crown $ 175 $ 175 $ 193 $ 181 $ 214 $ 150 $ 738 Net income attributable to noncontrolling interest 31 31 34 35 25 51 145 Equity earnings (1) (1) (1) (1) (1) (1) (4) Provision (benefit) for income taxes 70 70 46 78 84 73 281 Interest expense 97 97 99 103 101 95 398 Interest income (12) (12) (13) (14) (13) (15) (55) Earnings before interest and taxes (EBIT) 360 360 358 382 410 353 1,503 Foreign exchange (3) (3) 2 9 8 3 22 Other pension and postretirement 5 5 5 (1) 5 4 13 Loss from early extinguishment of debt 3 3 1 14 15 Income from operations 365 365 365 391 423 374 1,553 Intangibles amortization 38 38 35 38 37 38 148 Restructuring and other 2 2 (2) 47 30 8 83 Segment income 405 405 398 476 490 420 1,784 Depreciation 80 80 75 76 79 78 308 Adjusted EBITDA $ 485 $ 485 $ 473 $ 552 $ 569 $ 498 $ 2,092 2026 Interim Periods 2026 Twelve Months Ended 2025 Interim Periods 2025 Twelve Months Ended Q1 2026 Q2 2026 Q3 2026 Q4 2026 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Total debt $ 6,257 $ 6,436 $ 6,490 $ 6,389 $ 5,964 Cash 584 779 936 1,172 764 Net debt 5,673 5,657 5,554 5,217 5,200 LTM Adjusted EBITDA $ 2,104 $ 2,032 $ 2,073 $ 2,097 $ 2,092 Adjusted net leverage ratio 2.7 2.8 2.7 2.5 2.5 Annual periods ended December 31, 2024 2023 2022 2021 Net income (loss) attributable to Crown $ 424 $ 450 $ 727 $ (560) Loss (income) from discontinued operations - - - 52 Net income (loss) attributable to Crown $ 424 $ 450 $ 727 $ (508) Net income from continuing operations attributable to noncontrolling interest 136 137 128 148 Net income from discontinued operations attributable to noncontrolling interest 1 Equity earnings - (14) (42) (3) Provision (benefit) for income taxes 183 222 243 (57) Interest expense 452 436 284 253 Interest income (82) (53) (15) (9) Earnings before interest and taxes (EBIT) 1,113 1,178 1,325 (175) Foreign exchange 34 41 16 (45) Other pension and postretirement 546 49 (16) 1,515 (Gain) on sale of equity method investment (275) Loss from early extinguishment of debt 1 1 11 68 Income from operations 1,419 1,269 1,336 1,363 Intangibles amortization 151 163 159 165 Restructuring and other 75 114 (52) (28) Segment income 1,645 1,546 1,443 1,500 Depreciation 297 336 301 282 Adjusted EBITDA $ 1,942 $ 1,882 $ 1,744 $ 1,782 Annual periods ended December 31, 2024 2023 2022 2021 Total debt $ 6,204 $ 7,474 $ 6,977 $ 6,262 Cash 918 1,310 550 531 Net debt $ 5,286 $ 6,164 $ 6,427 $ 5,731 LTM Adjusted EBITDA $ 1,942 $ 1,882 $ 1,744 $ 1,782 Adjusted net leverage ratio 2.7 3.3 3.7 3.2

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