Financial Analysis

"DEBT Debt as of September 30, 2025 and 2024 consist of the following: 2025 2024 (in millions) Amount Rate Amount Rate Revolver Facility, variable rate, expiring October 19, 2028 $ % $ % 3.375% Exchangeable Notes, due June 1, 2029 350.0 3.4 % 350.0 3.4 % 5.00% Notes, due October 1, 2029 4.9 5.0 % 4.9 5.0 % 5.50% Notes, due July 15, 2030 13.2 5.5 % 13.2 5.5 % 3.875% Notes, due March 15, 2031 128.0 3.9 % 128.0 3.9 % Obligations under finance leases 85.3 5.6 % 81.6 5.4 % Total debt 581.4 577.7 Debt issuance costs (13.5) (16.9) Less current portion (11.7) (9.4) Long-term debt, net of current portion $ 556.2 $ 551.4 The aggregate scheduled maturities of debt obligations are as follows, excluding obligations under finance leases. See Note 10 - Leases for scheduled maturities of obligations under finance leases: (in millions) Amount 2026 $ 2027 2028 2029 350.0 2030 18.1 Thereafter 128.0 Total long-term debt $ 496.1 Credit Agreement and Revolver Facility On October 19, 2023, Spectrum Brands, Inc. (SBI), a wholly-owned subsidiary of Spectrum Brands, Holdings, Inc. (SBH), and SB/RH Holdings, LLC (SB/RH), a wholly-owned subsidiary of Spectrum Brands Holdings, Inc. and parent to SBI, entered into the Second Amended and Restated Credit Agreement (the Credit Agreement), by and among the Company, SB/RH, Royal Bank of Canada, as the administrative agent, and the lenders party thereto. The proceeds of the Credit Agreement will be used for working capital needs and other general corporate purp …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

The following tables disaggregate our revenue for the years ended September 30, 2025, 2024, and 2023, by the Companys key revenue streams, segments and geographic regions (based upon destination): 2025 (in millions) GPC H&G HPC Total Geographic Sales NA $ 643.4 $ 565.3 $ 412.9 $ 1,621.6 EMEA 399.2 482.3 881.5 LATAM 12.2 7.5 193.3 213.0 APAC 27.7 65.2 92.9 Total revenue 1,082.5 572.8 1,153.7 2,809.0 Revenue Type Product Sales $ 1,069.7 $ 570.9 $ 1,146.9 $ 2,787.5 Licensing 9.0 1.9 6.5 17.4 Service and other 3.8 0.3 4.1 Total revenue $ 1,082.5 $ 572.8 $ 1,153.7 $ 2,809.0 2024 (in millions) GPC H&G HPC Total Geographic Sales NA $ 721.2 $ 569.4 $ 476.9 $ 1,767.5 EMEA 388.5 496.7 885.2 LATAM 12.8 9.2 189.8 211.8 APAC 29.0 70.4 99.4 Total revenue 1,151.5 578.6 1,233.8 2,963.9 Revenue Type Product Sales $ 1,136.6 $ 576.3 $ 1,225.7 $ 2,938.6 Licensing 9.8 2.3 7.5 19.6 Service and other 5.1 0.6 5.7 Total revenue $ 1,151.5 $ 578.6 $ 1,233.8 $ 2,963.9 2023 (in millions) GPC H&G HPC Total Geographic Sales NA $ 726.4 $ 529.2 $ 519.1 $ 1,774.7 EMEA 361.3 469.4 830.7 LATAM 18.0 7.3 181.5 206.8 APAC 33.3 73.3 106.6 Total revenue $ 1,139.0 $ 536.5 $ 1,243.3 $ 2,918.8 Revenue Type Product Sales $ 1,123.3 $ 534.4 $ 1,234.2 $ 2,891.9 Licensing 10.0 2.1 7.8 19.9 Service and other 5.7 1.3 7.0 Total revenue $ 1,139.0 $ 536.5 $ 1,243.3 $ 2,918.8 …

DisaggregationOfRevenueTableTextBlock · excerpt; the full note is in the filing

SHARE BASED COMPENSATION Equity based incentive and performance compensation awards provided to employees, directors, officers and consultants, including the restricted stock units and stock options further discussed below, were issued pursuant to the Spectrum Brands Holdings, Inc. 2011 Omnibus Equity Awards Plan as approved and amended by the stockholders, and the Spectrum Brands Holdings, Inc. 2020 Omnibus Equity Plan, as approved by the stockholders. The following is a summary of the authorized and available shares per the respective plans: (number of shares, in millions) Authorized Available Spectrum Brands Holdings, Inc. 2011 Omnibus Equity Awards Plan $ 7.1 $ 0.3 Spectrum Brands Holdings, Inc. 2020 Omnibus Equity Plan 2.6 1.7 Compensation costs for share-based payment arrangements are recognized as Selling, General and Administrative Expense on the Consolidated Statements of Income . The following is a summary of the share based compensation expense for the years ended September 30, 2025, 2024 and 2023: (in millions) 2025 2024 2023 Share based compensation expense $ 20.5 $ 17.5 $ 17.2 Restricted Stock Units (RSUs) The Company recognizes share based compensation expense from the issuance of RSUs, primarily under its Long-Term Incentive Plan (LTIP). RSUs granted under the LTIP include a combination of time-based grants and performance-based grants. Compensation cost is based on the fair value of the awards, as determined by the market price of the Companys shares of commo …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

FAIR VALUE OF FINANCIAL INSTRUMENTS The fair value measurements of financial assets and liabilities are defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Fair value measurements are classified using a fair value hierarchy that is based on the observability of inputs used in measuring fair value. Observable inputs (highest level) reflect market data obtained from independent sources, while unobservable inputs (lowest level) reflect internally developed assumptions about hypothetical transactions in the absence of market data. The Company utilizes valuation techniques that attempt to maximize the use of observable inputs and minimize the use of unobservable inputs. Fair value measurements are classified under the following hierarchy: Level 1 - Unadjusted quoted prices for identical instruments in active markets. Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 - Significant inputs to the valuation model are unobservable. The carrying values and estimated fair values for financial instruments as of September 30, 2025 and 2024 are as follows: 2025 2024 (in millions) Level 1 Level …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

GOODWILL AND INTANGIBLE ASSETS Goodwill, by segment, consists of the following. (in millions) GPC H&G Total As of September 30, 2023 $ 512.1 $ 342.6 $ 854.7 Foreign currency impact 10.2 10.2 As of September 30, 2024 522.3 342.6 864.9 Foreign currency impact 1.9 1.9 As of September 30, 2025 $ 524.2 $ 342.6 $ 866.8 The carrying value of indefinite lived intangible assets and definite lived intangible assets subject to amortization and accumulated amortization are as follows. 2025 2024 (in millions) Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Amortizable intangible assets Customer relationships $ 621.3 $ (465.9) $ 155.4 $ 641.8 $ (452.3) $ 189.5 Technology assets 75.3 (46.1) 29.2 75.3 (41.0) 34.3 Tradenames 44.4 (12.9) 31.5 27.9 (10.9) 17.0 Total amortizable intangible assets 741.0 (524.9) 216.1 745.0 (504.2) 240.8 Indefinite-lived intangible assets - tradenames 721.5 721.5 749.6 749.6 Total intangible assets $ 1,462.5 $ (524.9) $ 937.6 $ 1,494.6 $ (504.2) $ 990.4 During the year ended September 30, 2025, the Company recognized impairment charges on indefinite lived intangible assets of $16.6 million, including an impairment of $15.7 million associated with the HPC segment and its PowerXL tradename due the recognition of a triggering event attributable to declining sales expectations and a change in our direct to consumer strategy, plus an impairment of $0.9 million on other non-core strategic brands with the GPC segm …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

"INCOME TAXES Income tax expense (benefit) was calculated based upon the following components of income (loss) from continuing operations before income taxes for the years ended September 30, 2025, 2024 and 2023. (in millions) 2025 2024 2023 United States $ (53.1) $ 8.0 $ (399.8) Outside the United States 140.3 155.6 109.6 Income (loss) from operations before income taxes $ 87.2 $ 163.6 $ (290.2) The components of income tax expense (benefit) for the years ended September 30, 2025, 2024 and 2023 are as follows. (in millions) 2025 2024 2023 Current tax expense U.S. Federal $ 10.9 $ 27.4 $ 81.8 Foreign 34.2 31.9 44.9 State and local 1.1 1.3 (0.4) Total current tax expense 46.2 60.6 126.3 Deferred tax (benefit) expense U.S. Federal (20.5) 6.2 (197.7) Foreign (26.4) 1.2 5.0 State and local (12.3) (3.7) 9.9 Total deferred tax (benefit) expense (59.2) 3.7 (182.8) Income tax (benefit) expense $ (13.0) $ 64.3 $ (56.5) The following reconciles the total income tax (benefit) expense, based on the U.S. Federal statutory income tax rate of 21% with the Companys recognized income tax (benefit) expense. (in millions) 2025 2024 2023 U.S. Statutory federal income tax expense (benefit) $ 18.3 $ 34.4 $ (60.9) Permanent items 4.9 8.1 5.0 Goodwill impairment 2.8 Foreign statutory rate vs. U.S. statutory rate (1.9) (3.7) (1.6) State income taxes, net of federal effect (4.5) (3.2) (14.5) State and Foreign effective rate change (6.4) 1.0 (4.0) GILTI 0.6 5.0 2.1 Residual tax on foreign earnings 1.8 …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

"COMMITMENTS AND CONTINGENCIES The Company is a defendant in various litigation matters generally arising out of the ordinary course of business. Based on information currently available, the Company does not believe that any additional liability in excess of the amounts currently disclosed below or additional matters or proceedings presently pending, or the legal sufficiency of insurance claims or the solvency of insurance carriers, where applicable, will have a material adverse effect on the consolidated financial condition, results of operations, liquidity or cash flows. Environmental Liabilities. The Company has realized commitments attributable to environmental remediation activities primarily associated with former manufacturing sites of the HPC business. In coordination with local and federal regulatory agencies, we have conducted testing on certain sites which have resulted in the identification of contamination that has been attributed to historic activities at the properties, resulting in the realization of incremental costs to be assumed by the Company towards the remediation of these properties and the recognition of an environmental remediation liability. We have not conducted invasive testing at all sites and locations and have identified an environmental remediation liability to the extent such remediation requirements have been identified and are considered estimable. The following is a summary of the environment remediation liability as of September 30, 2025 …

LegalMattersAndContingenciesTextBlock · excerpt; the full note is in the filing

LEASES The Company has leases primarily pertaining to manufacturing facilities, distribution centers, office space, warehouses, automobiles, machinery, computers, and office equipment that expire at various times through June 2035. We have embedded operating leases within certain third-party logistic agreements for warehousing and information technology services arrangements and recognized right of use assets identified in the arrangements as part of Operating Lease Assets on the Consolidated Statements of Financial Position . We elected to exclude certain supply chain contracts that may contain embedded leases for manufacturing facilities or dedicated manufacturing lines from our ROU asset and liability calculation based on the insignificant impact to our consolidated financial statements. The following is a summary of leases recognized on the Consolidated Statements of Financial Position as of September 30, 2025 and 2024: (in millions) Line Item 2025 2024 Assets Operating Operating lease assets $ 73.5 $ 101.9 Finance Property, plant and equipment, net 56.7 61.0 Total leased assets $ 130.2 $ 162.9 Liabilities Current Operating Short-term operating lease liabilities $ 31.8 $ 31.3 Finance Current portion of long-term debt 11.7 9.4 Long-term Operating Long-term operating lease liabilities 54.5 87.0 Finance Long-term debt, net of current portion 73.6 72.2 Total lease liabilities $ 171.6 $ 199.9 As of September 30, 2025, the Company has unrecognized commitments of approximately $ …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

Newly Adopted Accounting Standards In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures , which provides updates to qualitative and quantitative reportable segment disclosure requirements, including enhanced disclosures about significant segment expenses and increased interim disclosure requirements, among others. The enhanced disclosure requirements became effective for the fiscal year ended September 30, 2025 and are reflected within Note 20 - Segment Reporting with the increased interim disclosure requirements becoming effective for the first interim reporting period for the fiscal year ending September 30, 2026, including retrospective presentation for all comparable periods. Recently Issued Accounting Standards In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , which provides qualitative and quantitative updates to the rate reconciliation and income taxes paid disclosures, among others, in order to enhance the transparency of income tax disclosures, including consistent categories and greater disaggregation of information in the rate reconciliation and disaggregation by jurisdiction of income taxes paid. The amendments in ASU 2023-09 are effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The amendments should be applied prospectively; however, retrospective application is also permitted. This ASU …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

EMPLOYEE BENEFIT PLANS Defined Benefit Plans The Company has various defined benefit pension plans covering some of its employees. Plans generally provide benefits of stated amounts for each year of service. The Company funds its pension plans in accordance with the requirements of the defined benefit pension plans and, where applicable, in amounts sufficient to satisfy the minimum funding requirements of applicable laws. Additionally, in compliance with the Companys funding policy, annual contributions to defined benefit plans are equal to the actuarial recommendations or statutory requirements in the respective countries. The Company sponsors or participates in a number of other non-U.S. pension arrangements, including various retirement and termination benefit plans, some of which are covered by local law or coordinated with government-sponsored plans, which are not significant in the aggregate. The following tables provide additional information on the defined benefit plans as of September 30, 2025 and 2024. U.S. Plans Non U.S. Plans (in millions) 2025 2024 2025 2024 Changes in benefit obligation Benefit obligation, beginning of year $ 54.0 $ 50.9 $ 112.7 $ 106.5 Service cost 0.4 0.7 0.8 0.7 Interest cost 2.4 2.8 4.4 5.0 Actuarial loss (2.2) 4.4 (8.5) 8.0 Curtailments (11.1) Benefits paid (4.5) (4.8) (4.4) (4.5) Foreign currency exchange rate changes 3.2 8.1 Benefit obligation, end of year 50.1 54.0 108.2 112.7 Changes in plan assets Fair value of plan assets, beginning o …

PensionAndOtherPostretirementBenefitsDisclosureTextBlock · excerpt; the full note is in the filing

EXIT AND DISPOSAL ACTIVITIES During the year ended September 30, 2025, the Company entered into initiatives within its HPC and GPC segments following the consolidation of functions and operations within the segments and changes in their commercial strategies for international markets, in addition to initiatives with shared operations and enabling functions as the Company exited transition service agreements from previous divestitures, resulting in the realization of headcount reductions and related termination charges. During the year ended September 30, 2023, the Company entered into initiatives in response to economic pressures within the consumer products and retail markets and changing operating strategies, resulting in the realization of headcount reductions. As of September 30, 2025, there are no further significant costs expected to be incurred from current initiatives. The following summarizes exit and disposal charges for the years ended September 30, 2025, 2024 and 2023. (in millions) 2025 2024 2023 Exit and disposal costs $ 8.8 $ 1.0 $ 9.3 Reported as: Cost of goods sold $ $ $ 0.6 Selling, general & administrative expense 8.8 1.0 8.7 The following summarizes exit and disposal charges by segment for the years ended September 30, 2025, 2024 and 2023. (in millions) 2025 2024 2023 GPC $ 0.9 $ 0.1 $ 3.5 H&G 0.2 HPC 5.6 0.6 5.2 Corporate and shared operations 2.3 0.3 0.4 Total exit and disposal activities $ 8.8 $ 1.0 $ 9.3 The following is a summary of exit and d …

RestructuringAndRelatedActivitiesDisclosureTextBlock · excerpt; the full note is in the filing

REVENUE RECOGNITION AND RECEIVABLES The Company generates all of its revenue from contracts with customers. The following tables disaggregate our revenue for the years ended September 30, 2025, 2024, and 2023, by the Companys key revenue streams, segments and geographic regions (based upon destination): 2025 (in millions) GPC H&G HPC Total Geographic Sales NA $ 643.4 $ 565.3 $ 412.9 $ 1,621.6 EMEA 399.2 482.3 881.5 LATAM 12.2 7.5 193.3 213.0 APAC 27.7 65.2 92.9 Total revenue 1,082.5 572.8 1,153.7 2,809.0 Revenue Type Product Sales $ 1,069.7 $ 570.9 $ 1,146.9 $ 2,787.5 Licensing 9.0 1.9 6.5 17.4 Service and other 3.8 0.3 4.1 Total revenue $ 1,082.5 $ 572.8 $ 1,153.7 $ 2,809.0 2024 (in millions) GPC H&G HPC Total Geographic Sales NA $ 721.2 $ 569.4 $ 476.9 $ 1,767.5 EMEA 388.5 496.7 885.2 LATAM 12.8 9.2 189.8 211.8 APAC 29.0 70.4 99.4 Total revenue 1,151.5 578.6 1,233.8 2,963.9 Revenue Type Product Sales $ 1,136.6 $ 576.3 $ 1,225.7 $ 2,938.6 Licensing 9.8 2.3 7.5 19.6 Service and other 5.1 0.6 5.7 Total revenue $ 1,151.5 $ 578.6 $ 1,233.8 $ 2,963.9 2023 (in millions) GPC H&G HPC Total Geographic Sales NA $ 726.4 $ 529.2 $ 519.1 $ 1,774.7 EMEA 361.3 469.4 830.7 LATAM 18.0 7.3 181.5 206.8 APAC 33.3 73.3 106.6 Total revenue $ 1,139.0 $ 536.5 $ 1,243.3 $ 2,918.8 Revenue Type Product Sales $ 1,123.3 $ 534.4 $ 1,234.2 $ 2,891.9 Licensing 10.0 2.1 7.8 19.9 Service and other 5.7 1.3 7.0 Total revenue $ 1,139.0 $ 536.5 $ 1,243.3 $ 2,918.8 NOTE 5 - REVENUE RECOGNITION AND REC …

RevenueFromContractWithCustomerTextBlock · excerpt; the full note is in the filing

"SEGMENT INFORMATION The Company is a diversified global branded consumer products company managed through three product-focused reporting segments: (i) GPC, which consists of the Companys global pet care business; (ii) H&G, which consists of the Companys home and garden, insect control and cleaning products business and (iii) HPC, which consists of the Companys global small kitchen and personal care appliances business. The Company identifies its segments as those operations whose results the Chief Operating Decision Maker (""CODM""), recognized as the Company's Chief Executive Officer, regularly reviews for making operating decisions, allocating capital and resources amongst the operations, and assessing performance as the source of its reportable segments. Global strategic initiatives and financial objectives for each reportable segment are determined at the corporate level. Each segment is responsible for implementing defined strategic initiatives and achieving certain financial objectives and has a president responsible for the sales and marketing initiatives and financial results for product lines within the segment. See Note 1 - Description of Business for further discussion. The CODM of the Company uses Adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) as the primary operating metric in evaluating the business and making operating decisions. EBITDA is calculated by excluding the Companys income tax expense, interest expense, depreciati …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES Principles of Consolidation and Fiscal Year End The consolidated financial statements include the financial statements of the Company and its majority owned subsidiaries and have been prepared in accordance with Accounting Principles Generally Accepted in the U.S. (GAAP). All intercompany transactions have been eliminated. The Companys fiscal year ends September 30 and reports its results using fiscal quarters whereby each three-month quarterly reporting period is approximately thirteen weeks in length and ends on a Sunday. The exceptions are the first quarter, which begins on October 1, and the fourth quarter, which ends on September 30. For the year ended September 30, 2025, the fiscal quarters were comprised of the three months ended December 29, 2024, March 30, 2025, June 29, 2025, and September 30, 2025. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid temporary instruments purchased with original maturities of three months or less from date of purchase to be cash equivalents. Short-Term Investments Th …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing

"SHAREHOLDERS' EQUITY The Company has a share repurchase program that is executed through purchases made from time to time either in the open market or otherwise. On May 20, 2024, the Company announced a new $500 million common stock repurchase program authorized by its Board of Directors, replacing the Companys previously approved share repurchase program of $1.0 billion. Purchases under the program may be made in the open market or in privately negotiated transactions from time to time at managements discretion. The repurchase program may be suspended or discontinued at any time. The following summarizes the activity of common stock repurchases under the program for the years ended September 30, 2025, 2024 and 2023, excluding the recognition of excise tax on annual net share repurchases, included as a component of Treasury Stock on the Consolidated Statements of Financial Position . 2025 2024 2023 (in millions, except per share data) Number of Shares Repurchased Average Price Per Share Amount Number of Shares Repurchased Average Price Per Share Amount Number of Shares Repurchased Average Price Per Share Amount Open market purchases 4.4 $ 74.52 $ 326.4 5.6 $ 77.48 $ 432.7 0.4 $ 81.60 $ 34.7 Private purchases 0.5 93.74 50.0 ASR Agreement 1.3 65.84 83.2 5.3 74.86 400.0 Total purchases 4.4 74.52 $ 326.4 7.4 76.66 $ 565.9 5.7 75.36 $ 434.7 During the year ended September 30, 2025, the Company entered into a $150 million rule 10b5-1 repurchase plan in December 2024 to facilitate …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing

"DEBT Debt with external lenders consist of the following. December 28, 2025 September 30, 2025 (in millions) Amount Rate Amount Rate 3.375% Exchangeable Notes, due June 1, 2029 $ 350.0 3.4 % $ 350.0 3.4 % 5.00% Notes, due October 1, 2029 4.9 5.0 % 4.9 5.0 % 5.50% Notes, due July 15, 2030 13.2 5.5 % 13.2 5.5 % 3.875% Notes, due March 15, 2031 128.0 3.9 % 128.0 3.9 % Obligations under finance leases 82.8 5.6 % 85.3 5.6 % Total debt 578.9 581.4 Debt issuance costs (12.7) (13.5) Less current portion (11.9) (11.7) Long-term debt, net of current portion $ 554.3 $ 556.2 Credit Agreement As of December 28, 2025, there are no borrowings outstanding under the Companys $500 million revolving credit facility (the Revolver Facility) under the Second Amended and Restated Credit Agreement, dated as of October 19, 2023, by and among the Company, SB/RH Holdings, LLC, Royal Bank of Canada, as the administrative agent, and the lenders party thereto, with a borrowing availability under the Revolver Facility of $492.2 million, net outstanding letters of credit of $7.8 million. 3.375% Exchangeable Notes due June 1, 2029 (""Exchangeable Notes"") Subsequent to the issuance of the Exchangeable Notes, the Company increased its quarterly dividend rate to $0.47 per share. As such, the exchange rate for the Exchangeable Notes due June 1, 2029 has been adjusted to 8.2375 shares of common stock per $1,000 principal amount of notes (which is equal to an initial conversion price of approximately $121.40 per …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

The following table disaggregates our revenue for the three month periods ended December 28, 2025 and December 29, 2024, by segment and geographic region (based upon destination) and revenue type. Three Month Period Ended December 28, 2025 Three Month Period Ended December 29, 2024 (in millions) GPC H&G HPC Total GPC H&G HPC Total Geographic Region NA $ 168.7 $ 72.0 $ 109.8 $ 350.5 $ 152.0 $ 90.5 $ 131.2 $ 373.7 EMEA 102.6 144.6 247.2 99.0 157.8 256.8 LATAM 3.2 1.9 50.1 55.2 2.1 1.6 40.0 43.7 APAC 7.1 17.0 24.1 6.9 19.1 26.0 Total revenue $ 281.6 $ 73.9 $ 321.5 $ 677.0 $ 260.0 $ 92.1 $ 348.1 $ 700.2 Revenue type Product sales $ 278.9 $ 73.6 $ 319.9 $ 672.4 $ 257.1 $ 91.9 $ 346.3 $ 695.3 Licensing 1.8 0.3 1.6 3.7 2.1 0.2 1.7 4.0 Service and other 0.9 0.9 0.8 0.1 0.9 Total revenue $ 281.6 $ 73.9 $ 321.5 $ 677.0 $ 260.0 $ 92.1 $ 348.1 $ 700.2 …

DisaggregationOfRevenueTableTextBlock · excerpt; the full note is in the filing

FAIR VALUE OF FINANCIAL INSTRUMENTS The Company has not changed the valuation techniques used in measuring the fair value of any financial assets and liabilities during the year. The carrying value and estimated fair value of financial instruments as of December 28, 2025 and September 30, 2025 according to the fair value hierarchy are as follows. December 28, 2025 September 30, 2025 (in millions) Level 1 Level 2 Level 3 Fair Value Carrying Amount Level 1 Level 2 Level 3 Fair Value Carrying Amount Derivative Assets $ $ 0.8 $ $ 0.8 $ 0.8 $ $ 0.8 $ $ 0.8 $ 0.8 Derivative Liabilities 10.0 10.0 10.0 9.6 9.6 9.6 Debt 538.6 538.6 566.2 532.7 532.7 567.9 The fair value measurements of the Companys debt represent non-active market exchanged traded securities which are valued at quoted input prices that are directly observable or indirectly observable through corroboration with observable market data (Level 2). The Company's derivative instruments are valued on a recurring basis using internal models, which are based on market observable inputs, including both forward and spot prices for currencies, which are generally based on quoted or observed market prices (Level 2). See Note 6 Debt for additional detail on outstanding debt. See Note 7 Derivatives for additional detail on derivative assets and liabilities. The carrying values of goodwill, intangible assets and other long-lived assets are tested annually or more frequently if an event occurs that indicates an impairment loss may hav …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

GOODWILL AND INTANGIBLE ASSETS Goodwill, by segment, consists of the following. (in millions) GPC H&G Total As of September 30, 2025 $ 524.2 $ 342.6 $ 866.8 Foreign currency impact 0.7 0.7 As of December 28, 2025 $ 524.9 $ 342.6 $ 867.5 The carrying value and accumulated amortization of intangible assets are as follows. December 28, 2025 September 30, 2025 (in millions) Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Amortizable intangible assets: Customer relationships $ 613.9 $ (466.6) $ 147.3 $ 621.3 $ (465.9) $ 155.4 Technology assets 75.3 (47.3) 28.0 75.3 (46.1) 29.2 Tradenames 44.4 (13.7) 30.7 44.4 (12.9) 31.5 Total amortizable intangible assets 733.6 (527.6) 206.0 741.0 (524.9) 216.1 Indefinite-lived intangible assets tradenames 723.0 723.0 721.5 721.5 Total intangible assets $ 1,456.6 $ (527.6) $ 929.0 $ 1,462.5 $ (524.9) $ 937.6 Amortization expense on intangible assets for the three month periods ended December 28, 2025 and December 29, 2024 is as follows. (in millions) December 28, 2025 December 29, 2024 Amortization expense $ 10.2 $ 10.5 Excluding the impact of any future acquisitions, dispositions or changes in foreign currency, the Company estimates amortization expense of intangible assets for the next five fiscal years will be as follows. (in millions) Amortization 2026 remaining $ 30.9 2027 41.2 2028 39.4 2029 36.2 2030 15.7 …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

INCOME TAXES The effective tax rate for the three month periods ended December 28, 2025 and December 29, 2024, was as follows: December 28, 2025 December 29, 2024 Effective tax rate (43.7) % 32.5 % The estimated annual effective tax rate applied to the three month period ended December 28, 2025, differs from the US federal statutory rate of 21% principally due to income earned outside the U.S. that is subject to U.S. tax, including the U.S. tax on global intangible low taxed income (GILTI), net of applicable deductions, and certain nondeductible expenses. The Company is not projecting U.S. taxable income for Fiscal 2026, which does not allow it to take advantage of the foreign-derived intangible income deduction or foreign tax credits on its GILTI income. The Companys federal effective tax rate on GILTI was therefore 21% During the three month period ended December 28, 2025, the Company effectively settled an uncertain tax position in the U.S. As a result, the Company recognized a non-cash reduction in income tax expense of $17.6 million during the period. …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

COMMITMENTS AND CONTINGENCIES The Company is a defendant in various litigation matters generally arising out of the ordinary course of business. Based on information currently available, the Company does not believe that any additional matters or proceedings presently pending will have a material adverse effect on its results of operations, financial condition, liquidity or cash flows. Environmental Liability. The Company has realized commitments attributable to environmental remediation activities primarily associated with former manufacturing sites of the Company's HPC segment. In coordination with local and federal regulatory agencies, we have conducted testing on certain sites, which have resulted in the identification of contamination that has been attributed to historical activities at the properties, resulting in the realization of incremental costs to be assumed by the Company towards the remediation of these properties and the recognition of an environmental remediation liability. We have not conducted invasive testing at all sites and locations and have identified an environmental remediation liability to the extent such remediation requirements have been identified and are considered estimable. The following is a summary of the environmental remediation liability as of December 28, 2025 and September 30, 2025: (in millions) December 28, 2025 September 30, 2025 Environmental remediation liability $ 5.3 $ 5.4 Reported as: Other current liabilities 1.9 1.9 Other long- …

LegalMattersAndContingenciesTextBlock · excerpt; the full note is in the filing

"In December 2023, the FASB issued Accounting Standards Update (""ASU"") 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , which provides qualitative and quantitative updates to the rate reconciliation and income taxes paid disclosures, among others, in order to enhance the transparency of income tax disclosures, including consistent categories and greater disaggregation of information in the rate reconciliation and disaggregation by jurisdiction of income taxes paid. The amendments in ASU 2023-09 are effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The amendments should be applied prospectively; however, retrospective application is also permitted. This ASU will be effective for our fiscal year ending September 30, 2026. The Company is currently evaluating the impact this ASU may have on our consolidated financial statement disclosures. In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses , which provides updates to qualitative and quantitative disclosure requirements over the disaggregation of relevant expense captions within the income statement to provide more transparency and useful information on expenses within the income statement including tabular presentation of prescribed expense categories such as the purchases of inventory, employee compensation, depreciation, intangible asset amortization, and inclusion of other specific expense, gains and losses required …

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REVENUE RECOGNITION AND RECEIVABLES The Company generates all of its revenue from contracts with customers. The following table disaggregates our revenue for the three month periods ended December 28, 2025 and December 29, 2024, by segment and geographic region (based upon destination) and revenue type. Three Month Period Ended December 28, 2025 Three Month Period Ended December 29, 2024 (in millions) GPC H&G HPC Total GPC H&G HPC Total Geographic Region NA $ 168.7 $ 72.0 $ 109.8 $ 350.5 $ 152.0 $ 90.5 $ 131.2 $ 373.7 EMEA 102.6 144.6 247.2 99.0 157.8 256.8 LATAM 3.2 1.9 50.1 55.2 2.1 1.6 40.0 43.7 APAC 7.1 17.0 24.1 6.9 19.1 26.0 Total revenue $ 281.6 $ 73.9 $ 321.5 $ 677.0 $ 260.0 $ 92.1 $ 348.1 $ 700.2 Revenue type Product sales $ 278.9 $ 73.6 $ 319.9 $ 672.4 $ 257.1 $ 91.9 $ 346.3 $ 695.3 Licensing 1.8 0.3 1.6 3.7 2.1 0.2 1.7 4.0 Service and other 0.9 0.9 0.8 0.1 0.9 Total revenue $ 281.6 $ 73.9 $ 321.5 $ 677.0 $ 260.0 $ 92.1 $ 348.1 $ 700.2 The Company has identified significant customers consisting of two large retail customers, each regularly exceeding 10% of consolidated net sales. All segments sell products to the significant customers and sales with those retail customers are considered significant to the respective segments. The following table summarizes significant concentration risk associated with net sales for the three month periods ended December 28, 2025 and December 29, 2024. (% of Net Sales) December 28, 2025 December 29, 2024 Significant customer …

RevenueFromContractWithCustomerTextBlock · excerpt; the full note is in the filing

"SEGMENT INFORMATION The Company is a diversified global branded consumer products company managed through three product-focused reporting segments: (i) GPC, which consists of the Companys global pet care business; (ii) H&G, which consists of the Companys home and garden, insect control and cleaning products business; and (iii) HPC, which consists of the Companys global small kitchen and personal care appliances business. The Company identifies its segments as those operations whose results the Chief Operating Decision Maker (""CODM""), recognized as the Company's Chief Executive Officer, regularly reviews for making operating decisions, allocating capital and resources amongst the operations, and assessing performance as the source of its reportable segments. Global strategic initiatives and financial objectives for each reportable segment are determined at the corporate level. Each segment is responsible for implementing defined strategic initiatives and achieving certain financial objectives and has a president responsible for the sales and marketing initiatives and financial results for product lines within the segment. The CODM of the Company uses Adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) as the primary operating metric in evaluating the business and making operating decisions. EBITDA is calculated by excluding the Companys income tax expense, interest expense, depreciation expense and amortization expense (from intangible assets) …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

SHAREHOLDERS' EQUITY The following summarizes the activity of common stock repurchases for the three month periods ended December 28, 2025 and December 29, 2024. December 28, 2025 December 29, 2024 Three Month Periods Ended (in millions except per share data) Number of Shares Repurchased Average Price Per Share Amount Number of Shares Repurchased Average Price Per Share Amount Open Market Purchases 0.6 $ 55.11 $ 35.5 0.8 $ 90.95 $ 72.9 In June 2025, the Company entered into a rule 10b5-1 repurchase plan for $50.0 million to facilitate daily market share repurchases through February 13, 2026, until the cap is reached or until the plan is terminated, which was subsequently amended in September 2025 to increase the cap to $100 million. Repurchases through the rule 10b5-1 repurchase plans are included in the open market purchases above. As of December 28, 2025, there has been $80.8 million repurchased pursuant to the new 10b5-1 repurchase plan.

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