Church & Dwight : 2024 Church & Dwight Stockholder Meeting Presentation

CHURCH & DWIGHT CO., INC.

stockholders'

meeting

2024

SAFE HARBOR STATEMENT

This presentation contains forward-looking statements, including, among others, statements relating to net sales and earnings growth; gross margin changes; trade, marketing, and SG&A spending; sufficiency of cash flows from operations; earnings per share; cost savings programs; consumer demand and spending; the effects of competition; the effect of product mix; volume growth, including the effects of new product launches into new and existing categories; the impact of acquisitions (including earn-outs); and capital expenditures. Other forward- looking statements in this release may be identified by the use of such terms as "may," "could," "expect," "intend," "believe," "plan," "estimate," "forecast," "project," "anticipate," "to be," "to make" or other comparable terms. These statements represent the intentions, plans, expectations and beliefs of the Company, and are based on assumptions that the Company believes are reasonable but may prove to be incorrect. In addition, these statements are subject to risks, uncertainties and other factors, many of which are outside the Company's control and could cause actual results to differ materially from such forward-looking statements. Factors that could cause such differences include a decline in market growth, retailer distribution and consumer demand (as a result of, among other things, political, economic and marketplace conditions and events); including those relating to the outbreak of contagious diseases; the impact on the global economy of the Russia/Ukraine and the increase conflict in the Middle East; the impact of continued shifts in consumer behavior, including accelerating shifts to online shopping; unanticipated increases in raw material and energy prices or other inflationary pressures; delays and increased costs in manufacturing or distribution; increases in transportation costs; labor shortages; the impact of price increases for our products; the impact of supply chain disruptions; the impact of inclement weather on raw material and transportation costs; adverse developments affecting the financial condition of major customers and suppliers; changes in marketing and promotional spending; growth or declines in various product categories and the impact of customer actions in response to changes in consumer demand and the economy, including increasing shelf space of private label products; consumer and competitor reaction to, and customer acceptance of, new product introductions and features; the Company's ability to maintain product quality and characteristics at a level acceptable to our customers and consumers; disruptions in the banking system and financial markets; foreign currency exchange rate fluctuations; transition to, and shifting economic policies in the United States; potential changes in export/import and trade laws, regulations and policies of the United States and other countries, including any increased trade restrictions or tariffs, including the actual and potential effect of tariffs on Chinese goods imposed by the United States; increased or changing regulation regarding the Company's products in the United States and other countries where it or its suppliers operate; market volatility; issues relating to the Company's information technology and controls; the impact of natural disasters, including those related to climate change, on the Company and its customers and suppliers, including third party information technology service providers; the integration of acquisitions or divestiture of assets; the outcome of contingencies, including litigation, pending regulatory proceedings and environmental matters; and changes in the regulatory environment.

For a description of additional factors that could cause actual results to differ materially from the forward-looking statements, please see Item 1A, "Risk Factors" in the Company's annual report on Form 10-K and quarterly reports on Form 10-Q. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by the U.S. federal securities laws. You are advised, however, to consult any further disclosures the Company makes on related subjects in its filings with the United States Securities and Exchange Commission.

This presentation also contains non-GAAP financial information. Management uses this information in its internal analysis of results and believes that this information may be informative to investors in gauging the quality of the Company's financial performance, identifying trends in its results and providing meaningful period-to-period comparisons. The Company has included reconciliations of these non-GAAP financial measures to the most directly comparable financial measure calculated in accordance with GAAP. See the end of this presentation for these reconciliations. These non-GAAP financial measures should not be considered in isolation or as a substitute for the comparable GAAP measures. In addition, these non-GAAP financial measures may not be the same as similar measures provided by other companies due to potential differences in methods of calculation and items being excluded. They should be read in connection with the Company's financial statements presented in accordance with GAAP.

We have

confidence

in our future.

Steady U.S.	Sustainable high	Consistent	Digitally savvy	New Evergreen	Strong 2024
growth ahead	International	innovation		model is	fundamentals
	growth rate			healthy

2024 STOCKHOLDERS' MEETING	3

CHURCH & DWIGHT:

Who We Are

We started with

ARM & HAMMER

baking soda

2024 STOCKHOLDERS' MEETING	5

We Are A $5.9 Billion Company

FABRIC CARE	HOME	HEALTH &	HAIR & SKIN	PERSONAL	WATERPIK	INTERNATIONAL	SPECIALTY
	CARE	WELL-BEING	CARE	CARE			PRODUCTS

2024 STOCKHOLDERS' MEETING	6

POWER BRANDS

7

more than

70%

of sales & profits are represented by these

7 POWER BRANDS

8

Long History of Growth Through Acquisitions

Net Sales	$5.9
$ Billions

$1.5

2004

2005

2006

2008

2010

2011

2012

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

Note: Trojan, Nair and First Response acquired in two parts - 2001 and 2004.

2024 STOCKHOLDERS' MEETING	9

We Have Clear Acquisition Criteria

Primarily	High growth and	Asset	Leverage	Deliver
#1 or #2	high margin	light	C&D	sustainable
share	brands that are		manufacturing,	competitive
brands	fast moving		logistics and	advantage
	consumables		purchasing

2024 STOCKHOLDERS' MEETING	10