Form 8-K

8-K — ECOLAB INC.

Accession: 0001628280-26-049933

Filed: 2026-07-28

Period: 2026-07-28

CIK: 0000031462

SIC: 2840 (SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — ecl-20260728.htm (Primary)

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8-K

8-K (Primary)

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0000031462FALSE00000314622026-07-282026-07-28

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 28, 2026

ECOLAB INC.

(Exact name of registrant as specified in its charter)

Delaware 1-9328 41-0231510

(State or other jurisdiction

of incorporation) (Commission

File No.) (IRS Employer

Identification No.)

1 Ecolab Place, St. Paul, Minnesota 55102

(Address of principal executive offices) (Zip Code)

1-800-232-6522

(Registrant’s telephone number, including area code)

(Not applicable)

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered

Common Stock, $1.00 par value ECL New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On July 28, 2026, Ecolab Inc. (“Ecolab”) announced earnings for the second quarter ended June 30, 2026. A copy of the (i) News Release issued by Ecolab in connection with this report under Item 2.02 is furnished and attached as Exhibit (99.1) and (ii) Supplemental Data to be used in connection with the conference call to be held discussing the first quarter results is furnished and attached as Exhibit (99.2), each of which is incorporated by reference herein. Ecolab also will publish the attached exhibits on its website located at www.ecolab.com.

Cautionary Statements Regarding Forward Looking Information.

Statements contained in this Current Report on Form 8-K, including statements concerning Ecolab’s restructuring plan, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of management of the Company. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this report. In particular, the ultimate results of any restructuring initiative depend on a number of factors, including the development of final plans, the impact of local regulatory requirements regarding employee terminations, the time necessary to develop and implement the restructuring initiatives and the level of success achieved through such actions in improving competitiveness, efficiency and effectiveness. Additional risks and uncertainties that may affect operating results and business performance are set forth under Item 1A of our most recent Form 10-K, and the Company’s other public filings with the Securities and Exchange Commission. Ecolab does not undertake, and expressly disclaims, any duty to update any forward-looking statement whether as a result of new information, future events or changes in expectations, except as required by law.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits.

The following exhibits are furnished pursuant to Item 2.02 of Form 8-K and should not be deemed to be “filed” under the Securities Exchange Act of 1934.

Exhibit No. Description Method Of Filing

(99.1)

Ecolab Inc. News Release dated July 28, 2026.

Filed herewith electronically.

(99.2)

Supplemental Data for Second Quarter dated July 28, 2026.

Filed herewith electronically.

(104) Cover Page Interactive Data File. Embedded within the Inline XBRL document.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ECOLAB INC.

Date: July 28, 2026 By: /s/ Youhao Dong

Youhao Dong

Assistant Secretary

EX-99.1

Filename: ecl_ex99x1.htm · Sequence: 2

Document

Exhibit 99.1

News Release

Investor Contact: Media Contact:

Andrew Hedberg (651) 250-2185 Victoria Whitney (651) 250-4724

ECOLAB DELIVERS ACCELERATED SALES GROWTH AND DOUBLE-DIGIT EPS GROWTH

REPORTED DILUTED EPS $1.90; ADJUSTED DILUTED EPS $2.09, +11%

RAISES 2026 ADJUSTED DILUTED EPS OUTLOOK: $8.05 - $8.25, +7% - 10%

SECOND QUARTER HIGHLIGHTS

•Ecolab delivered strong performance across the business. Accelerated organic sales growth, driven by good volume growth despite Middle East disruptions and by improved pricing, as well as strong productivity, more than offset rising commodity costs.

•Reported sales $4.4 billion, +10%. Organic sales growth accelerated to +5%. Growth in Ecolab's core businesses improved, led by accelerating growth in Food & Beverage, Institutional, and Light Water. Ecolab's growth engines continued to grow strong double-digits, led by accelerating growth in Global High-Tech and Life Sciences.

•Reported operating income margin 17.2%. Organic operating income margin 18.8%, +40 bps. Reported gross margin 44.1%. As expected, adjusted gross margin declined 60 bps due to the impact of the Ovivo Electronics acquisition; excluding this impact, organic gross margin was stable as strong pricing offset rising commodity costs.

•Reported diluted EPS $1.90, +3%. Adjusted diluted EPS $2.09, +11%.

RAISES 2026 OUTLOOK

•2026: Expect adjusted diluted EPS in the $8.05 to $8.25 range, +7% to 10%, higher than prior expectations of $8.03 to $8.23.

•3Q 2026: Expect adjusted diluted EPS in the $2.13 to $2.23 range, +3% to 8%.

•These ranges reflect strong underlying performance and a short-term impact from non-cash amortization and financing costs of the CoolIT acquisition.

Second Quarter Ended June 30

Reported Adjusted

(unaudited) Public Currency Rates % Public Currency Rates %

(millions, except per share) 2026 2025 Change 2026 2025 Change

Net sales $4,415.4 $4,025.2 10 % $4,415.4 $4,025.2 10 %

Operating income 757.9 710.1 7 % 809.0 737.2 10 %

Net income attributable to Ecolab 534.9 524.2 2 % 589.6 539.8 9 %

Diluted earnings per share attributable to Ecolab $1.90 $1.84 3 % $2.09 $1.89 11 %

Organic %

2026 2025 Change

Net sales $4,282.1 $4,090.0 5 %

Operating income 804.3 751.3 7 %

ST. PAUL, Minn., July 28, 2026

CEO Comment

Christophe Beck, Ecolab’s chairman, president and chief executive officer, said, “We delivered another quarter of double-digit EPS growth, driven by strong execution across the company which produced accelerating organic sales growth, a stable organic gross margin excluding the impact from Ovivo Electronics, and strong productivity. Reported volume grew 1%, despite a nearly 1% headwind from customer operations disrupted by the conflict in the Middle East, while underlying volume growth strengthened. Pricing improved to 4%, reflecting the early benefits of our energy surcharge implementation, which helped to mitigate the impact of rising commodity costs. This strong performance demonstrates the durability of our growth model and the power of our global team to deliver for our customers no matter what.

“As we indicated last quarter, the second quarter was a transition period. We entered the quarter with higher commodity costs and little benefit from our energy surcharge. Our team executed extremely well, implementing the surcharge globally, strengthening pricing throughout the quarter, continuing to grow volumes, and stabilizing organic gross margin in just one quarter. With total pricing in the second half expected to be in the 5% to 6% range, we are very well positioned to offset higher commodity costs and deliver strong underlying performance.

“Growth in our core businesses improved as we advanced our One Ecolab growth strategy to continue to gain share. Food & Beverage, Institutional, and Light Water accelerated, while performance in Heavy Water and Paper improved. Our growth engines continued to rapidly scale, led by 29% growth in Global High-Tech and 15% growth in Life Sciences. Our acquisition of Ovivo Electronics is also performing very well, and we continue to expect it to grow mid-teens this year versus pre-acquisition sales.

“The recent close of our acquisition of CoolIT further strengthens our Global High-Tech growth engine, extending our leadership in water technologies, research, and services into the rapidly growing AI infrastructure market. CoolIT's growth momentum continues to strengthen, with pre-acquisition sales up more than 100% in the first half. Our Global High-Tech platform is now approaching $1.5 billion in annualized sales, and we expect it to grow to $4 billion in sales by 2030, with operating income margins of 25%. This business is now our largest growth engine and is expected to contribute more than two percentage points to Ecolab's annual sales growth one year after acquisition with increasing margins.

“Looking ahead, we expect continued momentum, supported by very strong performance in our growth engines, ongoing share gains from One Ecolab, accelerating pricing, and improved productivity. We have never been better positioned to deliver long-term organic sales growth of 5% to 7%, expand operating income margins well beyond 20%, and continue strengthening our EPS growth algorithm.”

Second Quarter 2026 Consolidated Results

Ecolab’s second quarter reported sales increased 10% and organic sales growth accelerated to 5%. Ecolab Digital sales increased 27% to $121 million, with strong growth across both enabling hardware subscriptions and software.

Second quarter 2026 reported operating income increased 7% including the impact of special gains and charges. Adjusted operating income increased 10%, as accelerating pricing more than offset higher commodity costs and growth-oriented investments in the business.

Reported other income in the second quarter of 2026 decreased $4 million. Reported net interest expense increased $10 million reflecting the impact of lower cash balances and new debt used to fund recent acquisitions.

The reported income tax rate for the second quarter of 2026 was 22.3% compared with the reported rate of 19.9% in the second quarter of 2025. Excluding special gains and charges and discrete tax items, the adjusted tax rate for the second quarter of 2026 was 21.0% compared with the adjusted tax rate of 20.8% in the second quarter of 2025.

Reported net income increased 2% versus the prior year. Excluding the impact of special gains and charges and discrete tax items, adjusted net income increased 9% versus the prior year.

Reported diluted earnings per share increased 3% versus the prior year. Adjusted diluted earnings per share increased 11% when compared against the second quarter of 2025.

As expected, currency translation had a $0.04 per share favorable impact on adjusted diluted earnings.

Ecolab repurchased approximately 1.2 million shares of its common stock during the second quarter of 2026.

Second Quarter 2026 Segment Review

Global Water

(unaudited) Second Quarter Ended June 30 Organic

(millions) 2026 2025 % Change % Change

Fixed currency

Sales $2,215.5 $2,014.9 10 % 4 %

Operating income 347.7 329.7 5 % 1 %

Operating income margin 15.7 % 16.4 %

Organic operating income margin 15.9 % 16.4 %

Public currency

Sales $2,223.4 $1,977.3 12 %

Operating income 348.8 321.9 8 %

The Global Water segment includes Heavy Water, Light Water, High-Tech, Food & Beverage, and Paper

Fixed currency sales grew 10%, driven by a 6% benefit from the Ovivo Electronics acquisition and accelerating organic sales growth of 4%. Global Water's accelerating performance was led by 29% organic growth in Global High-Tech, reflecting robust growth across both microelectronics and data centers. Growth in Food & Beverage continued to accelerate, driven by attractive new business wins from our One Ecolab growth strategy. Light Water also delivered improved growth, driven by solid gains across manufacturing, food & beverage, and institutional markets. Collectively, the headwind from softer sales in Heavy Water and Paper continued to ease, driven by good new business wins. As expected in this transition quarter, organic operating income increased 1% as accelerating pricing progressively offset growth-oriented investments in the business and higher commodity costs. Organic operating income growth is expected to improve in the third quarter, benefiting from strong pricing and continued new business wins.

Global Institutional & Specialty

(unaudited) Second Quarter Ended June 30 Organic

(millions) 2026 2025 % Change % Change

Fixed currency

Sales $1,617.4 $1,562.5 4 % 4 %

Operating income 389.9 368.1 6 % 6 %

Operating income margin 24.1 % 23.6 %

Organic operating income margin 24.1 % 23.6 %

Public currency

Sales $1,620.8 $1,544.6 5 %

Operating income 390.3 364.4 7 %

Fixed currency and organic sales both grew 4%. Institutional’s performance improved, driven by good growth with hospitality customers. Specialty’s sales grew mid-single digits, reflecting share gains across quick service and food retail. Institutional & Specialty continues to significantly outperform soft market trends, reflecting good demand for Ecolab’s innovative products, digital solutions and service expertise that help customers improve performance, optimize labor, and reduce total costs. As expected in this transition quarter, organic operating income increased 6%, as accelerating pricing progressively overcame higher supply chain costs, including commodity cost inflation, and growth-oriented investments in the business. Organic operating income growth is expected to improve in the third quarter, benefiting from strong pricing and continued new business wins.

Global Pest Elimination

(unaudited) Second Quarter Ended June 30 Organic

(millions) 2026 2025 % Change % Change

Fixed currency

Sales $350.5 $321.2 9 % 7 %

Operating income 70.5 62.5 13 % 12 %

Operating income margin 20.1 % 19.5 %

Organic operating income margin 20.4 % 19.5 %

Public currency

Sales $351.1 $317.4 11 %

Operating income 70.6 61.8 14 %

Fixed currency sales increased 9%, reflecting 7% organic growth and a 2% benefit from attractive, targeted acquisitions in North America. Strong organic sales growth was led by robust gains in restaurants, food retail, and food & beverage, which continue to benefit from our One Ecolab growth strategy. Organic operating income increased 12% as strong sales growth and improved productivity more than offset growth-oriented investments in the business, including pest intelligence.

Global Life Sciences

(unaudited) Second Quarter Ended June 30 Organic

(millions) 2026 2025 % Change % Change

Fixed currency

Sales $221.0 $191.4 15 % 15 %

Operating income 58.5 40.2 46 % 46 %

Operating income margin 26.5 % 21.0 %

Organic operating income margin 26.5 % 21.0 %

Public currency

Sales $220.1 $185.9 18 %

Operating income 58.3 38.0 53 %

Fixed currency and organic sales growth both accelerated to 15%. This strong performance was driven by continued robust share gains in bioprocessing and pharmaceutical & personal care, and improved performance in purification. Organic operating income increased 46%, as accelerated sales growth and a spike in bioprocessing offset growth-oriented investments in the business and higher commodity costs. Life Sciences’ organic operating income margin in the third quarter is expected to remain on its high-teens mid-term trajectory, reflecting very strong underlying performance and continued investments in breakthrough innovation, global capabilities, and capacity to fuel this high-growth, high-margin business.

Corporate

(unaudited) Second Quarter Ended June 30

(millions) 2026 2025

Public currency

Corporate operating expense

Transformational acquisition amortization $59.0 $48.9

Special (gains) and charges 51.1 27.1

Total Corporate operating expense (income) $110.1 $76.0

Second quarter of 2026 corporate segment includes:

•amortization expense of $28 million related to the Nalco merger intangible assets, $21 million related to Purolite acquisition intangible assets and $10 million related to the Ovivo Electronics acquisition intangible assets

•special gains and charges were a net charge of $51 million, primarily related to One Ecolab and acquisition and integration costs

Special gains and charges for the second quarter of 2025 impacting operating expense were a net charge of $27 million primarily related to One Ecolab.

Business Outlook

2026

Long-term growth trends in water, hygiene, infection prevention, and digital technologies continue to fuel resilient demand for Ecolab’s innovative technologies and services. Strong momentum in Ecolab’s growth engines, which include Global High-Tech, Life Sciences, Pest Elimination and Ecolab Digital, is expected to continue to strengthen Ecolab’s overall performance. Ecolab’s investments in these areas position the company well to capitalize on these attractive long-term high-growth, high-margin opportunities.

In the near-term, the global operating environment remains complex, including constantly evolving geopolitics and international trade policy, which are resulting in rising commodity costs and customer disruptions in the Middle East. Importantly, the company is very well positioned to quickly mitigate the impact of these challenges. Over the past few years, Ecolab’s team has demonstrated it can adjust quickly to deliver high performance in almost any environment, which is why even with these dynamic macroeconomic conditions, Ecolab’s confidence in its performance trajectory remains strong. Pricing is expected to accelerate in the second half of the year, reflecting the full benefit from the energy surcharge implementation. At the same time, Ecolab remains focused on delivering incremental total value to customers that over time will exceed the total price increases.

With accelerating pricing and the acquisitions of Ovivo Electronics and CoolIT Systems, Ecolab expects reported sales in the second half of 2026 to increase 12% to 14%. Organic sales growth is expected to accelerate to the 6% to 7% range in the second half of the year as pricing strengthens and volumes continue to grow. The company anticipates adjusted operating income margin in the second half of the year to be approximately 19% and an organic operating income margin of approximately 20%.

As a result, Ecolab is raising its expectations for full year 2026 adjusted diluted earnings per share to the $8.05 to $8.25 range, rising 7% to 10% versus last year, which is higher than prior expectations of $8.03 to $8.23. This range reflects strong underlying performance and a short-term impact from non-cash amortization and financing costs of the CoolIT acquisition.

The company currently anticipates quantifiable special charges in 2026 to be approximately $0.75 to $0.80 per share, principally related to restructuring charges and acquisition and integration costs. Other than the special gains and charges noted above, other such amounts are not currently quantifiable.

2026 – Third Quarter

Ecolab expects third quarter 2026 adjusted diluted earnings per share in the $2.13 to $2.23 range, rising 3% to 8% compared with adjusted diluted earnings per share of $2.07 a year ago. This range reflects strong underlying performance and a short-term impact from non-cash amortization and financing costs of the CoolIT acquisition.

The company currently expects quantifiable special charges in the third quarter of 2026 to be approximately $0.28 per share, principally related to acquisition and integration costs and restructuring charges. Other than the special gains and charges noted above, other such amounts are not currently quantifiable.

About Ecolab

A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global leader in water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. For more than a century, Ecolab has advanced innovation by integrating science-based solutions, data-driven insights, AI technology and world-class service. This unique combination enables Ecolab to partner with customers to define what best-in-class looks like and scale it across their operations, helping them achieve peak performance. Today, Ecolab delivers $16 billion in annual sales, employs 48,000 associates and serves customers in more than 170 countries and 40 industries. The company helps protect one-third of the world’s food production and a quarter of the power generated while delivering innovative solutions across food, hospitality, healthcare, data centers, microelectronics and life sciences. As the world’s water company, Ecolab plays an important role in AI growth by supporting the full water needs of advanced computing—from ultra‑pure water for chip manufacturing, to water solutions that support the power behind AI, to direct liquid cooling systems for high‑density computing that improves performance while reducing environmental impact through circular water use. In life sciences, Ecolab delivers end to end solutions that support the development and manufacturing of life-saving drugs, helping customers operate safely and consistently at scale while improving performance and reducing environmental impact. Through its comprehensive approach, Ecolab protects what’s vital, with a goal by 2030 to help protect 2 billion people from infections and conserve enough drinking water for 1 billion people, while continuing to enhance business performance.

Ecolab. Protecting What’s Vital.

www.ecolab.com

Ecolab will host a live webcast to review the second quarter earnings announcement today at 1:00 p.m. Eastern Time. The webcast, along with related materials, will be available to the public on Ecolab's website at www.ecolab.com/investor. A replay of the webcast and related materials will be available at that site.

Cautionary Statements Regarding Forward-Looking Information

This news release contains certain statements relating to future events and our intentions, beliefs, expectations and predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “we believe,” “we expect,” “estimate,” “project,” “may,” “will,” “intend,” “plan,” “believe,” “target,” “forecast” (including the negative or variations thereof) or similar terminology used in connection with any discussion of future plans, actions or events generally identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding macroeconomic conditions and our financial and business performance and prospects, including sales, earnings, special gains and charges, raw material costs, margins, pricing, currency translation, productivity, investments, acquisitions and new business. These statements are based on the current expectations of management of the company. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this news release. In particular, the ultimate results of any restructuring initiative depend on a number of factors, including the development of final plans, the impact of local regulatory requirements regarding employee terminations, the time necessary to develop and implement the restructuring initiatives and the level of success achieved through such actions in improving competitiveness, efficiency and effectiveness.

Additional risks and uncertainties that may affect operating results and business performance are set forth under Item 1A of our most recent Form 10-K, and our other public filings with the Securities and Exchange Commission (the "SEC"), and include the impact of economic factors such as the worldwide economy, interest rates, foreign currency risk, reduced sales and earnings in our international operations resulting from the weakening of local currencies versus the U.S. dollar, demand uncertainty, supply chain challenges and inflation; the vitality of the markets we serve; exposure to global economic, political and legal risks related to our international operations, including international trade policies, geopolitical instability and the escalation of armed conflicts; our increasing reliance on artificial intelligence technologies in our products, services and operations; information technology infrastructure failures or breaches in data security; difficulty in procuring raw materials or fluctuations in raw material costs; our ability to successfully execute

organizational change and management transitions; the occurrence of severe public health outbreaks not limited to COVID-19; our ability to acquire complementary businesses and to effectively integrate such businesses; our ability to execute key business initiatives; our ability to successfully compete with respect to value, innovation and customer support; pressure on operations from consolidation of customers or vendors; restraints on pricing flexibility due to contractual obligations and our ability to meet our contractual commitments; the costs and effects of complying with laws and regulations, including those relating to the environment, climate change standards, and to the manufacture, storage, distribution, sale and use of our products, as well as to the conduct of our business generally, including labor and employment and anti-corruption; potential safety incidents; potential chemical spill or release; potential to incur significant tax liabilities or indemnification liabilities relating to the separation and split-off of our ChampionX business; the occurrence of litigation or claims, including class action lawsuits; the loss or insolvency of a major customer or distributor; repeated or prolonged government and/or business shutdowns or similar events; acts of war or terrorism; natural or man-made disasters; water shortages; severe weather conditions; our commitments, goals, targets, objectives and initiatives related to sustainability, and our public statements and disclosures regarding them; changes in tax laws and unanticipated tax liabilities; potential loss of deferred tax assets; our indebtedness, and any failure to comply with covenants that apply to our indebtedness; potential losses arising from the impairment of goodwill or other assets; and other uncertainties or risks reported from time to time in our reports to the SEC. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this news release may not occur. We caution that undue reliance should not be placed on forward-looking statements, which speak only as of the date made. Ecolab does not undertake, and expressly disclaims, any duty to update any forward-looking statement whether as a result of new information, future events or changes in expectations, except as required by law.

Non-GAAP Financial Information

This news release and certain of the accompanying tables include financial measures that have not been calculated in accordance with accounting principles generally accepted in the U.S. (“GAAP”).

These non-GAAP financial measures may include:

• fixed currency sales

• organic sales

• adjusted gross profit

• adjusted gross margin

• adjusted fixed currency gross profit

• adjusted fixed currency gross margin

• organic gross profit

• organic gross margin

• fixed currency operating income

• fixed currency operating income margin

• adjusted operating income

• adjusted fixed currency operating income

• adjusted fixed currency operating income margin

• organic operating income

• organic operating income margin

• adjusted tax rate

• adjusted net income attributable to Ecolab

• adjusted diluted earnings per share

We provide these measures as additional information regarding our operating results. We use these non-GAAP measures internally to evaluate our performance and in making financial and operational decisions, including with respect to incentive compensation. We believe that our presentation of these measures provides investors with greater transparency with respect to our results of operations and that these measures are useful for period-to-period comparison of results.

Our non-GAAP financial measures for adjusted gross margin, adjusted gross profit and adjusted operating income exclude the impact of special (gains) and charges and our non-GAAP financial measures for adjusted tax rate, adjusted net income attributable to Ecolab and adjusted diluted earnings per share further exclude the impact of discrete tax items. Adjusted diluted earnings per share also excludes the impact of the Ovivo Electronics acquisition in the fourth quarter of 2025. We include items within special (gains) and charges and discrete tax items that we believe can

significantly affect the period-over-period assessment of operating results and not necessarily reflect costs and/or income associated with historical trends and future results. After tax special (gains) and charges are derived by applying the applicable local jurisdictional tax rate to the corresponding pre-tax special (gains) and charges.

We evaluate the performance of our international operations based on fixed currency rates of foreign exchange, which eliminate the translation impact of exchange rate fluctuations on our international results. Fixed currency amounts included in this release are based on translation into U.S. dollars at the fixed foreign currency exchange rates established by management at the beginning of 2026. We also provide our segment results based on public currency rates for informational purposes.

Our reportable segments do not include the impact of intangible asset amortization from the Nalco, Purolite and Ovivo Electronics transactions or the impact of special (gains) and charges as these are not allocated to the Company’s reportable segments.

Our non-GAAP financial measures for organic sales, organic gross profit, organic gross margin, organic operating income and organic operating income margin are at fixed currency and exclude the impact of special (gains) and charges where applicable, the results of our acquired businesses from the first twelve months post acquisition and the results of divested businesses from the twelve months prior to divestiture.

These non-GAAP financial measures are not in accordance with, or an alternative to, GAAP and may be different from non-GAAP measures used by other companies. Investors should not rely on any single financial measure when evaluating our business. We recommend that investors view these measures in conjunction with the GAAP measures included in this news release. Reconciliations of our non-GAAP measures are included in the following "Supplemental Non-GAAP Reconciliations" and “Supplemental Diluted Earnings per Share Information” tables included in this news release.

We do not provide reconciliations for non-GAAP estimates on a forward-looking basis (including those contained in this news release) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of various items that have not yet occurred, are out of our control and/or cannot be reasonably predicted, and that would impact reported earnings per share and the reported tax rate, the most

directly comparable forward-looking GAAP financial measures to adjusted earnings per share and the adjusted tax rate. For the same reasons, we are unable to address the probable significance of the unavailable information.

###

(ECL-E)

ECOLAB INC.

CONSOLIDATED STATEMENTS OF INCOME

(unaudited)

Second Quarter Ended Six Months Ended

June 30 % June 30 %

(millions, except per share) 2026 2025 Change 2026 2025 Change

Product and equipment sales $3,449.4 $3,156.8 $6,624.0 $6,058.7

Service and lease sales 966.0 868.4 1,857.5 1,661.5

Net sales 4,415.4 4,025.2 10 % 8,481.5 7,720.2 10 %

Product and equipment cost of sales 1,918.9 1,728.4 3,705.1 3,333.8

Service and lease cost of sales 550.6 494.4 1,059.7 949.2

Cost of sales (1)

2,469.5 2,222.8 11 % 4,764.8 4,283.0 11 %

Selling, general and administrative expenses 1,141.6 1,067.7 7 % 2,244.0 2,117.7 6 %

Special (gains) and charges (1)

46.4 24.6 92.8 54.1

Operating income 757.9 710.1 7 % 1,379.9 1,265.4 9 %

Other (income) expense (8.8) (13.0) (32) % (17.6) (26.0) (32) %

Interest expense, net (1)

73.1 63.2 16 % 145.8 121.5 20 %

Income before income taxes 693.6 659.9 5 % 1,251.7 1,169.9 7 %

Provision for income taxes 154.9 131.4 18 % 276.4 234.9 18 %

Net income including noncontrolling interest 538.7 528.5 2 % 975.3 935.0 4 %

Net income attributable to noncontrolling interest 3.8 4.3 7.8 8.3

Net income attributable to Ecolab $534.9 $524.2 2 % $967.5 $926.7 4 %

Earnings attributable to Ecolab per common share

Basic $1.91 $1.85 3 % $3.44 $3.27 5 %

Diluted $1.90 $1.84 3 % $3.42 $3.25 5 %

Weighted-average common shares outstanding

Basic 280.7 283.5 (1) % 281.3 283.4 (1) %

Diluted 282.2 285.4 (1) % 282.9 285.4 (1) %

(1) Cost of sales, Special (gains) and charges and Interest expense, net in the Consolidated Statement of Income above include the following:

Second Quarter Ended Six Months Ended

June 30 June 30

(millions) 2026 2025 2026 2025

Cost of sales

One Ecolab $1.1 $2.5 $2.7 $7.3

Other restructuring 3.6 - 13.3 -

Subtotal (a)

4.7 2.5 16.0 7.3

Special (gains) and charges

One Ecolab 27.7 26.5 59.1 65.9

Other restructuring 0.5 (12.0) 0.5 (12.0)

Acquisition and integration activities 4.6 7.3 18.7 8.8

Sale of global surgical solutions business - 0.8 - 2.4

Other 13.6 2.0 14.5 (11.0)

Subtotal 46.4 24.6 92.8 54.1

Interest expense, net 6.6 - 6.6 -

Total special (gains) and charges $57.7 $27.1 $115.4 $61.4

(a) Special charges of $4.7 million and $2.5 million in the second quarter of 2026 and 2025, respectively, and $16.0 million and $7.3 million for the first six months of 2026 and 2025, respectively, were recorded in product and equipment cost of sales.

ECOLAB INC.

REPORTABLE SEGMENT INFORMATION

(unaudited)

Second Quarter Ended June 30

Fixed Currency Rates Public Currency Rates

% %

(millions) 2026 2025 Change 2026 2025 Change

Net Sales

Global Water $2,215.5 $2,014.9 10 % $2,223.4 $1,977.3 12 %

Global Institutional & Specialty 1,617.4 1,562.5 4 % 1,620.8 1,544.6 5 %

Global Pest Elimination 350.5 321.2 9 % 351.1 317.4 11 %

Global Life Sciences 221.0 191.4 15 % 220.1 185.9 18 %

Subtotal at fixed currency rates 4,404.4 4,090.0 8 % 4,415.4 4,025.2 10 %

Currency impact 11.0 (64.8) * - - *

Consolidated reported GAAP net sales $4,415.4 $4,025.2 10 % $4,415.4 $4,025.2 10 %

Operating Income (loss)

Global Water $347.7 $329.7 5 % $348.8 $321.9 8 %

Global Institutional & Specialty 389.9 368.1 6 % 390.3 364.4 7 %

Global Pest Elimination 70.5 62.5 13 % 70.6 61.8 14 %

Global Life Sciences 58.5 40.2 46 % 58.3 38.0 53 %

Corporate (110.0) (76.0) * (110.1) (76.0) *

Subtotal at fixed currency rates 756.6 724.5 4 % 757.9 710.1 7 %

Currency impact 1.3 (14.4) * - - *

Consolidated reported GAAP operating income $757.9 $710.1 7 % $757.9 $710.1 7 %

Six Months Ended June 30

Fixed Currency Rates Public Currency Rates

% %

(millions) 2026 2025 Change 2026 2025 Change

Net Sales

Global Water $4,250.7 $3,914.4 9 % $4,266.4 $3,803.7 12 %

Global Institutional & Specialty 3,125.1 3,017.3 4 % 3,132.2 2,962.6 6 %

Global Pest Elimination 660.6 608.6 9 % 661.9 598.0 11 %

Global Life Sciences 421.9 372.8 13 % 421.0 355.9 18 %

Subtotal at fixed currency rates 8,458.3 7,913.1 7 % 8,481.5 7,720.2 10 %

Currency impact 23.2 (192.9) * - - *

Consolidated reported GAAP net sales $8,481.5 $7,720.2 10 % $8,481.5 $7,720.2 10 %

Operating Income (loss)

Global Water $645.5 $608.4 6 % $648.1 $586.0 11 %

Global Institutional & Specialty 737.4 676.5 9 % 738.5 665.6 11 %

Global Pest Elimination 122.2 110.2 11 % 122.5 108.3 13 %

Global Life Sciences 96.0 71.2 35 % 96.0 64.6 49 %

Corporate (224.8) (159.5) * (225.2) (159.1) *

Subtotal at fixed currency rates 1,376.3 1,306.8 5 % 1,379.9 1,265.4 9 %

Currency impact 3.6 (41.4) * - - *

Consolidated reported GAAP operating income $1,379.9 $1,265.4 9 % $1,379.9 $1,265.4 9 %

* Not meaningful.

As shown in the “Fixed Currency Rates” tables above, we evaluate the performance of our international operations based on fixed currency exchange rates, which eliminate the impact of exchange rate fluctuations on our international operations. Amounts shown in the “Public Currency Rates” tables above reflect amounts translated at actual public average rates of exchange prevailing during the corresponding period and are provided for informational purposes. The difference between the fixed currency exchange rates and the public currency exchange rates is reported as “Currency impact” in the “Fixed Currency Rates” tables above.

The Corporate segment includes amortization from the Nalco, Purolite and Ovivo Electronics transactions intangible assets. The Corporate segment also includes special (gains) and charges reported on the Consolidated Statement of Income.

ECOLAB INC.

CONSOLIDATED BALANCE SHEETS

(unaudited)

June 30 December 31 June 30

(millions) 2026 2025 2025

Assets

Current assets

Cash and cash equivalents $5,135.3 $646.2 $1,920.9

Accounts receivable, net 3,452.7 3,249.4 3,058.9

Inventories 1,643.9 1,490.4 1,569.4

Other current assets 787.9 569.6 526.6

Total current assets 11,019.8 5,955.6 7,075.8

Property, plant and equipment, net 4,445.8 4,276.6 3,938.8

Goodwill 9,419.3 9,227.0 8,047.2

Other intangible assets, net 3,449.1 3,688.5 3,197.1

Operating lease assets 747.2 765.9 762.8

Other assets 845.8 782.7 714.3

Total assets $29,927.0 $24,696.3 $23,736.0

Liabilities and Equity

Current liabilities

Short-term debt $1,271.1 $870.4 $688.5

Accounts payable 2,157.8 2,071.0 1,883.5

Compensation and benefits 593.9 721.5 548.1

Income taxes 100.7 134.3 198.6

Other current liabilities 1,863.1 1,737.5 1,589.8

Total current liabilities 5,986.6 5,534.7 4,908.5

Long-term debt 11,905.1 7,365.9 7,522.2

Pension and postretirement benefits 533.8 546.1 617.1

Deferred income taxes 377.5 329.9 179.8

Operating lease liabilities 576.7 596.5 600.6

Other liabilities 462.9 518.7 557.2

Total liabilities 19,842.6 14,891.8 14,385.4

Equity

Common stock 370.2 369.4 368.8

Additional paid-in capital 7,689.7 7,521.3 7,372.3

Retained earnings 13,390.8 12,834.0 12,075.1

Accumulated other comprehensive loss (1,646.3) (1,874.3) (2,003.3)

Treasury stock (9,748.9) (9,079.6) (8,492.6)

Total Ecolab shareholders’ equity 10,055.5 9,770.8 9,320.3

Noncontrolling interest 28.9 33.7 30.3

Total equity 10,084.4 9,804.5 9,350.6

Total liabilities and equity $29,927.0 $24,696.3 $23,736.0

ECOLAB INC.

SUPPLEMENTAL NON-GAAP RECONCILIATIONS

(unaudited)

Second Quarter Ended Six Months Ended

June 30 June 30

(millions, except percent and per share) 2026 2025 2026 2025

Net sales

Reported GAAP net sales $4,415.4 $4,025.2 $8,481.5 $7,720.2

Effect of foreign currency translation (11.0) 64.8 (23.2) 192.9

Non-GAAP fixed currency sales 4,404.4 4,090.0 8,458.3 7,913.1

Effect of acquisitions and divestitures (122.3) - (218.9) -

Non-GAAP organic sales $4,282.1 $4,090.0 $8,239.4 $7,913.1

Gross profit

Reported GAAP gross profit $1,945.9 $1,802.4 $3,716.7 $3,437.2

Special (gains) and charges 4.7 2.5 16.0 7.3

Non-GAAP adjusted gross profit 1,950.6 1,804.9 3,732.7 3,444.5

Effect of foreign currency translation (3.5) 27.9 (8.6) 84.6

Non-GAAP adjusted fixed currency gross profit 1,947.1 1,832.8 3,724.1 3,529.1

Effect of acquisition and divestitures (26.3) - (55.9) -

Non-GAAP organic gross profit $1,920.8 $1,832.8 $3,668.2 $3,529.1

Gross margin

Reported GAAP gross margin 44.1 % 44.8 % 43.8 % 44.5 %

Non-GAAP adjusted gross margin 44.2 % 44.8 % 44.0 % 44.6 %

Non-GAAP organic gross margin 44.9 % 44.8 % 44.5 % 44.6 %

Operating income

Reported GAAP operating income $757.9 $710.1 $1,379.9 $1,265.4

Special (gains) and charges at public currency rates 51.1 27.1 108.8 61.4

Non-GAAP adjusted operating income 809.0 737.2 1,488.7 1,326.8

Effect of foreign currency translation (0.3) 14.1 (3.7) 40.7

Non-GAAP adjusted fixed currency operating income 808.7 751.3 1,485.0 1,367.5

Effect of acquisitions and divestitures (4.4) - (15.8) -

Non-GAAP organic operating income $804.3 $751.3 $1,469.2 $1,367.5

Operating income margin

Reported GAAP operating income margin 17.2 % 17.6 % 16.3 % 16.4 %

Non-GAAP adjusted operating income margin 18.3 % 18.3 % 17.6 % 17.2 %

Non-GAAP organic operating income margin 18.8 % 18.4 % 17.8 % 17.3 %

ECOLAB INC.

SUPPLEMENTAL NON-GAAP RECONCILIATIONS

(unaudited)

Second Quarter Ended Six Months Ended

June 30 June 30

(millions, except percent and per share) 2026 2025 2026 2025

Interest expense, net

Reported GAAP interest expense, net $73.1 $63.2 $145.8 $121.5

Special (gains) and charges 6.6 - 6.6 -

Non-GAAP adjusted interest expense, net $66.5 $63.2 $139.2 $121.5

Net Income attributable to Ecolab

Reported GAAP net income attributable to Ecolab $534.9 $524.2 $967.5 $926.7

Special (gains) and charges, after tax 50.5 20.6 96.0 45.7

Discrete tax net expense (benefit) 4.2 (5.0) 8.6 (5.5)

Non-GAAP adjusted net income attributable to Ecolab $589.6 $539.8 $1,072.1 $966.9

Diluted EPS attributable to Ecolab

Reported GAAP diluted EPS $1.90 $1.84 $3.42 $3.25

Special (gains) and charges, after tax 0.18 0.07 0.34 0.16

Discrete tax net expense (benefit) 0.01 (0.02) 0.03 (0.02)

Non-GAAP adjusted diluted EPS $2.09 $1.89 $3.79 $3.39

Provision for Income Taxes

Reported GAAP tax rate 22.3 % 19.9 % 22.1 % 20.1 %

Special gains and charges (0.7) 0.2 (0.5) 0.3

Discrete tax items (0.6) 0.7 (0.6) 0.4

Non-GAAP adjusted tax rate 21.0 % 20.8 % 21.0 % 20.8 %

ECOLAB INC.

SUPPLEMENTAL NON-GAAP RECONCILIATIONS

(unaudited)

Second Quarter Ended June 30

2026 2025

(millions) Fixed Currency Impact of Acquisitions and Divestitures Organic Fixed Currency Impact of Acquisitions and Divestitures Organic

Net Sales

Global Water $2,215.5 ($117.0) $2,098.5 $2,014.9 $- $2,014.9

Global Institutional & Specialty 1,617.4 - 1,617.4 1,562.5 - 1,562.5

Global Pest Elimination 350.5 (5.3) 345.2 321.2 - 321.2

Global Life Sciences 221.0 - 221.0 191.4 - 191.4

Subtotal at fixed currency rates 4,404.4 (122.3) 4,282.1 4,090.0 - 4,090.0

Currency impact 11.0 (64.8)

Consolidated reported GAAP net sales $4,415.4 $4,025.2

Operating Income (loss)

Global Water $347.7 ($14.1) $333.6 $329.7 $- $329.7

Global Institutional & Specialty 389.9 - 389.9 368.1 - 368.1

Global Pest Elimination 70.5 (0.2) 70.3 62.5 - 62.5

Global Life Sciences 58.5 - 58.5 40.2 - 40.2

Corporate (57.9) 9.9 (48.0) (49.2) - (49.2)

Subtotal at fixed currency rates 808.7 (4.4) 804.3 751.3 - 751.3

Special (gains) and charges at fixed currency rates 52.1 26.8

Reported OI at fixed currency rates 756.6 724.5

Currency impact 1.3 (14.4)

Consolidated reported GAAP operating income $757.9 $710.1

Six Months Ended June 30

2026 2025

(millions) Fixed Currency Impact of Acquisitions and Divestitures Organic Fixed Currency Impact of Acquisitions and Divestitures Organic

Net Sales

Global Water $4,250.7 ($212.0) $4,038.7 $3,914.4 $- $3,914.4

Global Institutional & Specialty 3,125.1 - 3,125.1 3,017.3 - 3,017.3

Global Pest Elimination 660.6 (6.9) 653.7 608.6 - 608.6

Global Life Sciences 421.9 - 421.9 372.8 - 372.8

Subtotal at fixed currency rates 8,458.3 (218.9) 8,239.4 7,913.1 - 7,913.1

Currency impact 23.2 (192.9)

Consolidated reported GAAP net sales $8,481.5 $7,720.2

Operating Income (loss)

Global Water $645.5 ($34.5) $611.0 $608.4 $- $608.4

Global Institutional & Specialty 737.4 - 737.4 676.5 - 676.5

Global Pest Elimination 122.2 0.4 122.6 110.2 - 110.2

Global Life Sciences 96.0 - 96.0 71.2 - 71.2

Corporate (116.1) 18.3 (97.8) (98.8) - (98.8)

Subtotal at fixed currency rates 1,485.0 (15.8) 1,469.2 1,367.5 - 1,367.5

Special (gains) and charges at fixed currency rates 108.7 60.7

Reported OI at fixed currency rates 1,376.3 1,306.8

Currency impact 3.6 (41.4)

Consolidated reported GAAP operating income $1,379.9 $1,265.4

ECOLAB INC.

SUPPLEMENTAL DILUTED EARNINGS PER SHARE INFORMATION

(unaudited)

The table below provides a reconciliation of diluted earnings per share ("EPS"), as reported, to the non-GAAP measure of adjusted diluted earnings per share.

First Second Six Third Nine Fourth

Quarter Quarter Months Quarter Months Quarter Year

Ended Ended Ended Ended Ended Ended Ended

Mar. 31 June 30 June 30 Sept. 30 Sept. 30 Dec. 31 Dec. 31

2025 2025 2025 2025 2025 2025 2025

Diluted earnings per share, as reported (U.S. GAAP) $1.41 $1.84 $3.25 $2.05 $5.30 $1.98 $7.28

Adjustments:

Special (gains) and charges (1)

0.09 0.07 0.16 0.08 0.24 0.21 0.45

Discrete tax expense (benefits) (2)

0.00 (0.02) (0.02) (0.06) (0.08) (0.12) (0.21)

Impact of Ovivo Electronics on diluted EPS 0.00 0.00 0.00 0.00 0.00 0.01 0.01

Adjusted diluted earnings per share (Non-GAAP) $1.50 $1.89 $3.39 $2.07 $5.46 $2.08 $7.53

First Second Six Third Nine Fourth

Quarter Quarter Months Quarter Months Quarter Year

Ended Ended Ended Ended Ended Ended Ended

Mar. 31 June 30 June 30 Sept. 30 Sept. 30 Dec. 31 Dec. 31

2026 2026 2026 2026 2026 2026 2026

Diluted earnings per share, as reported (U.S. GAAP) $1.52 $1.90 $3.42

Adjustments:

Special (gains) and charges (3)

0.16 0.18 0.34

Discrete tax expense (benefits) (4)

0.02 0.01 0.03

Adjusted diluted earnings per share (Non-GAAP) $1.70 $2.09 $3.79

Per share amounts do not necessarily sum due to changes in shares outstanding and rounding.

(1) Special (gains) and charges for 2025 includes charges of $25.1 million, $20.6 million, $22.0 million and $59.7 million, net of tax, in the first, second, third and fourth quarters, respectively. These charges were primarily related to One Ecolab.

(2) Discrete tax expenses (benefits) for 2025 includes ($0.5) million, ($5.0) million, ($16.3) million and ($35.7) million in the first, second, third and fourth quarters, respectively. These expenses (benefits) are primarily associated with the recognition of deferred tax attributes, share-based compensation excess tax benefits, the filing of federal, state, and foreign tax returns, and other discrete expenses (benefits).

(3) Special (gains) and charges for 2026 includes $45.5 million and $50.5 million, net of tax, in the first and second quarters, respectively. These charges were primarily related to One Ecolab and acquisition and integration costs.

(4) Discrete tax expenses (benefits) for 2026 includes $4.4 million and $4.2 million in the first and second quarters, respectively. These expenses (benefits) are primarily associated with share-based compensation excess tax benefits and other discrete expenses (benefits).

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11 Second Quarter 2026 Supplemental July 28, 2026

Cautionary statement Forward-Looking Information This communication contains forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding macroeconomic conditions and our financial and business performance and prospects, including sales, earnings, special (gains) and charges, raw material costs, margins, pricing, currency translation, productivity, investments, acquisitions and new business. These statements are based on the current expectations of management. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. In particular, the ultimate results of any restructuring initiative depend on a number of factors, including the development of final plans, the impact of local regulatory requirements regarding employee terminations, the time necessary to develop and implement the restructuring initiatives and the level of success achieved through such actions in improving competitiveness, efficiency and effectiveness. Additional risks and uncertainties are set forth under Item 1A of our most recent Form 10-K, and our other public filings with the Securities and Exchange Commission (“SEC”), and include the impact of economic factors such as the worldwide economy, interest rates, foreign currency risk, reduced sales and earnings in our international operations resulting from the weakening of local currencies versus the U.S. dollar, demand uncertainty, supply chain challenges and inflation; the vitality of the markets we serve; exposure to global economic, political and legal risks related to our international operations, including international trade policies, geopolitical instability and the escalation of armed conflicts; our increasing reliance on artificial intelligence technologies in our products, services and operations; information technology infrastructure failures or breaches in data security; difficulty in procuring raw materials or fluctuations in raw material costs; our ability to successfully execute organizational change and management transitions; the occurrence of severe public health outbreaks not limited to COVID-19; our ability to acquire complementary businesses and to effectively integrate such businesses; our ability to execute key business initiatives; our ability to successfully compete with respect to value, innovation and customer support; the costs and effect of complying with laws and regulations; the occurrence of litigation or claims, including class action lawsuits; and other uncertainties or risks reported from time to time in our reports to the SEC. In light of these risks, uncertainties and factors, the forward-looking events discussed in this communication may not occur. We caution that undue reliance should not be placed on forward-looking statements, which speak only as of the date made. Ecolab does not undertake, and expressly disclaims, any duty to update any forward-looking statement, except as required by law. Non-GAAP Financial Information This communication includes Company information that does not conform to generally accepted accounting principles (GAAP). Management believes that a presentation of this information is meaningful to investors because it provides insight with respect to ongoing operating results of the Company and allows investors to better evaluate the financial results of the Company. These measures should not be viewed as an alternative to GAAP measures of performance. Furthermore, these measures may not be consistent with similar measures provided by other companies. Reconciliations of our non-GAAP measures included within this presentation are included in the “Non-GAAP Financial Measures” section of this presentation.

Accelerated sales growth, double-digit EPS growth 3 Reported sales +10%; organic sales growth accelerated to 5% Continued organic OI margin expansion; expect to deliver a 20% OI margin by 2027 Reported diluted EPS $1.90; adjusted diluted EPS $2.09, +11% Raises 2026 outlook, driven by accelerating organic sales growth ▪ Growth engines collectively accelerated to deliver double-digit growth. ▪ Core performance improved, driven by accelerating growth in Food & Beverage, Institutional, and Light Water. ▪ Collectively, the headwind from Paper and Heavy Water sales continued to ease, driven by good new business wins. ▪ Reported OI +7%, Adjusted OI +10%. ▪ Reported OI margin 17.2%. Organic OI margin 18.8%, +40 bps. ▪ Remain confident in expanding OI margins beyond 20%. ▪ Ecolab delivered strong performance across the business. Accelerated organic sales growth, driven by good volume growth despite Middle East disruptions and by improved pricing, as well as strong productivity, more than offset rising commodity costs. ▪ 2026: Expect adjusted diluted EPS in the $8.05 to $8.25 range, +7% to 10%, higher than prior expectations of $8.03 to $8.23. ▪ 3Q 2026: Expect adjusted diluted EPS in the $2.13 to $2.23 range, +3% to 8%. ▪ These ranges reflect strong underlying performance and a short-term impact from non-cash amortization and financing costs of the CoolIT acquisition.

2Q overview ▪ Accelerated growth with reported sales +10%; organic sales 5% ◦ Volume +1%, as strong new business wins overcame a ~1% headwind from the Middle East conflict. ◦ Pricing improved to +4%, reflecting early benefits from Ecolab's energy surcharge implementation. ▪ Broad-based organic growth acceleration ◦ Water accelerated to +4%, driven by accelerating growth in Global High-Tech, Food & Beverage and Light Water. ◦ Institutional & Specialty +4%, improved growth in Institutional and strong growth in Specialty. ◦ Pest Elimination +7%, with growth fueled by the One Ecolab enterprise growth strategy and Ecolab’s new Pest Intelligence offering. ◦ Life Sciences accelerated to +15%, led by very strong share gains in bioprocessing. ▪ Reported diluted EPS $1.90 ▪ Adjusted diluted EPS $2.09, +11% ◦ Ecolab delivered strong performance across the business. Accelerated organic sales growth, driven by good volume growth despite Middle East disruptions and by improved pricing, as well as strong productivity, more than offset rising commodity costs. Sales EPS 4

Raises 2026 outlook, driven by accelerating sales growth 3Q 2026 ▪ Ecolab expects third quarter 2026 adjusted diluted earnings per share in the $2.13 to $2.23 range, rising 3% to 8% compared to last year. This range reflects strong underlying performance and a short-term impact from non-cash amortization and financing costs of the CoolIT acquisition. ▪ Long-term growth trends in water, hygiene, infection prevention, and digital technologies continue to fuel resilient demand for Ecolab’s innovative technologies and services. Strong momentum in Ecolab’s growth engines, which include Global High-Tech, Life Sciences, Pest Elimination and Ecolab Digital, is expected to continue to strengthen Ecolab’s overall performance. ▪ In the near-term, the global operating environment remains complex, including constantly evolving geopolitics and international trade policy, which are resulting in rising commodity costs and customer disruptions in the Middle East. Importantly, the company is very well positioned to quickly mitigate the impact of these challenges. Pricing is expected to accelerate in the second half of the year, reflecting the full benefit from the energy surcharge implementation. At the same time, Ecolab remains focused on delivering incremental total value to customers that over time will exceed the total price increases. ▪ Organic sales growth is expected to accelerate to the 6% to 7% range in the second half of the year as pricing strengthens and volumes continue to grow. The company anticipates adjusted operating income margin in the second half of the year to be approximately 19% and an organic operating income margin of approximately 20%. ▪ As a result, Ecolab is raising its expectations for full year 2026 adjusted diluted earnings per share to the $8.05 to $8.25 range, rising 7% to 10% versus last year, which is higher than prior expectations of $8.03 to $8.23. This range reflects strong underlying performance and a short-term impact from non-cash amortization and financing costs of the CoolIT acquisition. 5

Second half 2026 guidance and long-term targets 6 2H 2026 Guidance Reported sales growth +12% to 14% Organic sales growth +6% to 7% Adj. OI margin 19% Organic OI margin 20% Adj. tax rate 20.5% to 21.5% Full-year Adj. EPS $8.05 to $8.25; +7% to 10% ORGANIC SALES GROWTH +5-7% OI MARGIN +100-150 BPS PER YEAR Long-Term Targets >20% ADJUSTED EPS GROWTH +12-15%

Fixed Rate Organic % Change% Change % Change Global Water Consolidated Food & Beverage 7 % 7 % Volume 1 % Heavy Water -1 % -1 % Pricing 4 % High-Tech 139 % 29 % Organic 5 % Light Water 3 % 3 % Acq./Div. 3 % Paper 0 % 0 % Fixed currency growth 8 % Total Global Water 10 % 4 % Currency impact 2 % Total 10 % Global Institutional & Specialty Institutional 3 % 3 % Specialty 6 % 6 % Total Global Institutional & Specialty 4 % 4 % Global Pest Elimination 9 % 7 % Global Life Sciences 15 % 15 % 2Q 2026 sales growth detail 7 Amounts in the tables above do not necessarily sum due to rounding

Heavy Water Food & Beverage 8All sales figures are organic unless otherwise noted Global Water Segment Q3: Expect stable sales as continued new business wins and strengthening pricing offset soft industry trends. Sales -1% ▪ As expected, sales continued to stabilize as modest growth in downstream was offset by softer sales in basic industries. ▪ Modest growth in downstream was driven by good performance in North America, which delivered improved pricing and new business wins, offsetting softer performance in the Middle East. ▪ Within basic industries, continued good growth in power, driven by new business wins and strengthening industry demand to support the power demand for AI, was more than offset by soft industry trends in primary metals. ▪ The impact of increasing water demand continues to be a critical issue for our customers, and one that Ecolab is uniquely positioned to help them solve. Our innovative circular water solutions, digital technologies, and service expertise deliver leading business outcomes and improved operational performance, while significantly reducing water and energy consumption. Sales +7% Q3: Anticipate accelerating sales growth as further pricing and strong new business wins outperform market demand. ▪ Organic sales growth accelerated, continuing to significantly outperform market trends. ▪ Growth was strong and broad-based across all major end-markets, driven by robust new business wins and improved pricing. ▪ We continue to benefit from our One Ecolab enterprise selling approach to customers, where we combine our industry-leading cleaning and sanitizing and water treatment capabilities to deliver significant customer value through improved food safety, lower operating costs and water usage optimization.

Light Water High-Tech 9 Global Water Segment Q3: Expect continued very strong sales growth across both microelectronics and data centers. Sales +29% ▪ Fixed currency sales increased 139%, reflecting the acquisition of Ovivo Electronics. Accelerating organic sales growth reflected robust and broad- based new business wins across microelectronics and data centers. ▪ Microelectronics: Continued robust growth was driven by strong new wins with leading semiconductor manufacturers. As next-generation semiconductor production becomes more water intensive and complex, Ecolab’s solutions enable chipmakers to maximize production and quality through unique circular water management, ultrapure water technologies, and a global network of industry experts. ▪ Data Centers: Accelerating and broad-based growth was driven by strong performance with hyperscaler and colocation customers around the world. Ecolab’s cutting-edge, integrated cooling technologies improve performance and reliability, while reducing water and energy use. These mission critical needs continue to expand rapidly as AI workloads drive unprecedented demand for liquid-cooled infrastructure. Q3: Expect accelerating sales growth, driven by new business wins and improved pricing. Sales +3% ▪ Improved growth in Light Water was driven by gains across light manufacturing, food & beverage and institutional markets. ▪ Solid new business wins leveraged relatively stable end-market trends. ▪ Ecolab is growing with new customers due to its industry-leading water management solutions, digital intelligence, and global service expertise to optimize operating costs and reduce water and energy use. All sales figures are organic unless otherwise noted

10 Paper Global Water Segment Sales 0% Q3: Expect modest sales growth as new business wins and strengthening pricing mitigate the impact of soft customer production rates. ▪ Paper's performance continued to improve with stable sales reflecting good new business wins that overcame soft but stabilizing customer production rates. ▪ Performance in tissue, towel, and packaging all improved sequentially, driven by good new business wins and improved pricing. ▪ While soft production rates continue to impact demand, Ecolab’s strong new business wins are helping to more than offset these unfavorable market impacts. New business wins continue to be driven by innovation and our global service expertise, which help our customers improve their performance, optimize their costs, and reduce their water consumption. All sales figures are organic unless otherwise noted

11 Specialty Institutional Global Institutional & Specialty Segment Sales +3% ▪ Performance improved, driven by continued good growth in sales to hospitality customers and modest growth in sales to hospitals. ◦ Hospitality: Consistent performance reflected continued value pricing and good new business wins from our One Ecolab growth initiative, which together overcame soft industry trends. We continue to see good demand for Ecolab’s innovative products, digital solutions and service expertise that help customers improve performance, optimize labor, and reduce total costs. ◦ Hospitals: Sales grew modestly driven by improved pricing. Our new business efforts are focused on attractive long-term growth opportunities in the infection prevention and instrument reprocessing areas to drive profitable long-term growth. ▪ We remain focused on driving attractive long-term growth by capitalizing on One Ecolab growth opportunities and harnessing digital innovations like DishIQ, KitchenIQ, and AquaIQ. These efforts are delivering enhanced total customer value and generating attractive new business wins. Q3: Expect solid growth as pricing and new business wins overcome soft industry trends. Sales +6% Q3: Expect robust sales growth driven by further new business wins and strengthening pricing. ▪ Specialty delivered strong sales growth as robust new business wins and continued pricing more than offset softer industry trends. ◦ Quick Service: Good sales growth reflected strong new business wins and value pricing, which more than offset industry foot traffic trends that softened during the quarter. Demand across the quick service industry for our labor and cost optimization technologies continues to be strong. We are uniquely positioned to continue to drive strong share gains with our ongoing product and digital innovation that delivers leading food safety outcomes, labor optimization and lower total operating costs. ◦ Food Retail: Continued strong sales growth reflects new business wins and value pricing, continuing to outperform market trends. Our strong new business wins are fueled by our One Ecolab growth initiative and digital innovation. As a trusted food safety partner for retailers, we continue to expand our competitive differentiation by helping our customers protect their brand, improve their customer experience, and optimize operational performance. All sales figures are organic unless otherwise noted

12 Pest Elimination Global Pest Elimination Segment ▪ Strong organic growth was led by robust gains in restaurants, food retail, and food & beverage. This strong and broad-based performance continues to benefit from our One Ecolab enterprise selling approach. ▪ To fuel continued, strong long-term growth and market share gains, our focus is on rapidly rolling out our digital pest intelligence program to provide customers with enhanced service and value. This leading digital offering, along with our high service expertise, is expanding the total value delivered to customers, extending our competitive advantages, and enhancing our long-term growth opportunities. Q3: Expect continued strong growth, driven by new customer wins as we leverage One Ecolab and our investments in pest intelligence. All sales figures are organic unless otherwise noted Sales +7%

13 Life Sciences Global Life Sciences Segment Q3: Expect continued strong growth driven by strong new business momentum and progressively improving industry trends. ▪ Accelerated sales growth reflected very strong new business wins that leverage our innovation and investments in new capabilities and capacity. ▪ Performance was driven by continued robust share gains in bioprocessing and pharmaceutical & personal care, and improved growth in purification. ▪ The long-term growth opportunities for the Life Sciences industry are very attractive. We continue to invest and innovate to further expand our global capabilities and technical expertise across contamination control and purification technologies including bioprocessing to capitalize on this long-term growth opportunity. All sales figures are organic unless otherwise noted Sales +15%

Segment operating income performance ▪ As expected in this transition quarter, organic operating income increased 1% as accelerating pricing progressively offset growth-oriented investments in the business and higher commodity costs. ▪ Organic operating income growth is expected to improve in the third quarter, benefiting from strong pricing and continued new business wins. ▪ Organic operating income increased 12% as strong sales growth and improved productivity more than offset growth-oriented investments in the business, including Pest Intelligence. ($ millions – fixed currency, unaudited) 14 ▪ Organic operating income increased 46%, as accelerated sales growth and a spike in bioprocessing offset growth-oriented investments in the business and higher commodity costs. ▪ Life Sciences’ organic operating income margin in the third quarter is expected to remain on its high-teens mid-term trajectory, reflecting very strong underlying performance and continued investments in breakthrough innovation, global capabilities, and capacity to fuel this high-growth, high- margin business. ▪ As expected in this transition quarter, organic operating income increased 6%, as accelerating pricing progressively overcame higher supply chain costs, including commodity cost inflation, and growth-oriented investments in the business. ▪ Organic operating income growth is expected to improve in the third quarter, benefiting from strong pricing and continued new business wins. Global Water 2Q 2026 2Q 2025 Change Operating income $347.7 $329.7 5% Operating income margin 15.7% 16.4% -70 bps Organic operating income $333.6 $329.7 1% Organic operating income margin 15.9% 16.4% -50 bps Global Institutional & Specialty 2Q 2026 2Q 2025 Change Operating income $389.9 $368.1 6% Operating income margin 24.1% 23.6% 50 bps Organic operating income $389.9 $368.1 6% Organic operating income margin 24.1% 23.6% 50 bps Global Pest Elimination 2Q 2026 2Q 2025 Change Operating income $70.5 $62.5 13% Operating income margin 20.1% 19.5% 60 bps Organic operating income $70.3 $62.5 12% Organic operating income margin 20.4% 19.5% 90 bps Global Life Sciences 2Q 2026 2Q 2025 Change Operating income $58.5 $40.2 46% Operating income margin 26.5% 21.0% 550 bps Organic operating income $58.5 $40.2 46% Organic operating income margin 26.5% 21.0% 550 bps

Consolidated margin performance ▪ As expected, gross margin declined due to the impact of recent acquisitions. Organic gross margin was stable as accelerating pricing offset higher commodity costs. ▪ SG&A to sales improved as good productivity gains and the favorable impact of recent acquisitions more than offset growth- oriented investments in the business. ▪ Organic operating margin expanded as strong pricing more than offset higher commodity costs and growth-oriented investments in the business. Gross Margin SG&A Operating Margin 15 $ millions, unaudited 2Q 2026 2Q 2025 Change Gross profit $1,945.9 $1,802.4 8% Gross margin 44.1% 44.8% -70 bps Adjusted gross profit $1,950.6 $1,804.9 8% Adjusted gross margin 44.2% 44.8% -60 bps SG&A $1,141.6 $1,067.7 7% % of Sales 25.9% 26.5% -60 bps Reported operating income $757.9 $710.1 7% Reported operating income margin 17.2% 17.6% -40 bps Adjusted operating income $809.0 $737.2 10% Adjusted operating income margin 18.3% 18.3% 0 bps Organic operating income $804.3 $751.3 7% Organic operating income margin 18.8% 18.4% 40 bps

Balance sheet / cash flow * EBITDA and Adjusted EBITDA are non-GAAP measures. EBITDA is defined as net income including non-controlling interest with the sum of provision for income taxes, net interest expense, depreciation and amortization added back. Adjusted EBITDA further adds back special (gains) and charges impacting EBITDA. The inputs to EBITDA reflect the trailing twelve months of activity for the period presented. See “Non-GAAP Financial Measures” section of this presentation for corresponding reconciliations. 16 Summary Balance Sheet June 30 June 30 (millions, unaudited) 2026 2025 (millions, unaudited) 2026 2025 Cash and cash eq. $5,135.3 $1,920.9 Short-term debt $1,271.1 $688.5 Accounts receivable, net 3,452.7 3,058.9 Accounts payable 2,157.8 1,883.5 Inventories 1,643.9 1,569.4 Other current liabilities 2,557.7 2,336.5 Other current assets 787.9 526.6 Long-term debt 11,905.1 7,522.2 PP&E, net 4,445.8 3,938.8 Pension/Postretirement 533.8 617.1 Goodwill and intangibles 12,868.4 11,244.3 Other liabilities 1,417.1 1,337.6 Other assets 1,593.0 1,477.1 Total equity 10,084.4 9,350.6 Total assets $29,927.0 $23,736.0 Total liab. and equity $29,927.0 $23,736.0 Selected Cash Flow items Selected Balance Sheet measures Six Months Ended June 30 June 30 (millions, unaudited) 2026 2025 (unaudited) 2026 2025 Cash from op. activities $1,175.4 $1,071.2 Total Debt/Total Capital 56.6 % 46.8 % Depreciation 364.3 327.9 Net Debt/Total Capital 44.4 % 40.2 % Amortization 167.7 149.9 Net Debt/EBITDA* 2.0 1.6 Capital expenditures 588.6 454.6 Net Debt/Adjusted EBITDA* 1.9 1.7

Non-GAAP financial measures 17 Second Quarter Ended Six Months Ended June 30 June 30 (millions, except percent and per share) 2026 2025 2026 2025 Net sales Reported GAAP net sales $4,415.4 $4,025.2 $8,481.5 $7,720.2 Effect of foreign currency translation (11.0) 64.8 (23.2) 192.9 Non-GAAP fixed currency sales 4,404.4 4,090.0 8,458.3 7,913.1 Effect of acquisitions and divestitures (122.3) - (218.9) - Non-GAAP organic sales $4,282.1 $4,090.0 $8,239.4 $7,913.1 Gross profit Reported GAAP gross profit $1,945.9 $1,802.4 $3,716.7 $3,437.2 Special (gains) and charges 4.7 2.5 16.0 7.3 Non-GAAP adjusted gross profit 1,950.6 1,804.9 3,732.7 3,444.5 Effect of foreign currency translation (3.5) 27.9 (8.6) 84.6 Non-GAAP adjusted fixed currency gross profit 1,947.1 1,832.8 3,724.1 3,529.1 Effect of acquisition and divestitures (26.3) - (55.9) - Non-GAAP organic gross profit $1,920.8 $1,832.8 $3,668.2 $3,529.1 Gross margin Reported GAAP gross margin 44.1 % 44.8 % 43.8 % 44.5 % Non-GAAP adjusted gross margin 44.2 % 44.8 % 44.0 % 44.6 % Non-GAAP organic gross margin 44.9 % 44.8 % 44.5 % 44.6 %

Non-GAAP financial measures 18 Second Quarter Ended Six Months Ended June 30 June 30 (millions, except percent and per share) 2026 2025 2026 2025 Operating income Reported GAAP operating income $757.9 $710.1 $1,379.9 $1,265.4 Special (gains) and charges at public currency rates 51.1 27.1 108.8 61.4 Non-GAAP adjusted operating income 809.0 737.2 1,488.7 1,326.8 Effect of foreign currency translation (0.3) 14.1 (3.7) 40.7 Non-GAAP adjusted fixed currency operating income 808.7 751.3 1,485.0 1,367.5 Effect of acquisitions and divestitures (4.4) - (15.8) - Non-GAAP organic operating income $804.3 $751.3 $1,469.2 $1,367.5 Operating income margin Reported GAAP operating income margin 17.2 % 17.6 % 16.3 % 16.4 % Non-GAAP adjusted operating income margin 18.3 % 18.3 % 17.6 % 17.2 % Non-GAAP organic operating income margin 18.8 % 18.4 % 17.8 % 17.3 % Interest expense, net Reported GAAP interest expense, net $73.1 $63.2 $145.8 $121.5 Special (gains) and charges 6.6 - 6.6 - Non-GAAP adjusted interest expense, net $66.5 $63.2 $139.2 $121.5 Net Income attributable to Ecolab Reported GAAP net income attributable to Ecolab $534.9 $524.2 $967.5 $926.7 Special (gains) and charges, after tax 50.5 20.6 96.0 45.7 Discrete tax net expense (benefit) 4.2 (5.0) 8.6 (5.5) Non-GAAP adjusted net income attributable to Ecolab $589.6 $539.8 $1,072.1 $966.9 Diluted EPS attributable to Ecolab Reported GAAP diluted EPS $1.90 $1.84 $3.42 $3.25 Special (gains) and charges, after tax 0.18 0.07 0.34 0.16 Discrete tax net expense (benefit) 0.01 (0.02) 0.03 (0.02) Non-GAAP adjusted diluted EPS $2.09 $1.89 $3.79 $3.39 Provision for Income Taxes Reported GAAP tax rate 22.3 % 19.9 % 22.1 % 20.1 % Special gains and charges (0.7) 0.2 (0.5) 0.3 Discrete tax items (0.6) 0.7 (0.6) 0.4 Non-GAAP adjusted tax rate 21.0 % 20.8 % 21.0 % 20.8 %

Non-GAAP financial measures 19 Second Quarter Ended June 30 2026 2025 EBITDA (trailing twelve months ended) Net income including non-controlling interest $2,133.6 $2,155.3 Provision for income taxes 496.1 536.2 Interest expense, net 265.4 253.6 Depreciation 709.0 645.9 Amortization 321.6 297.5 EBITDA $3,925.7 $3,888.5 Special (gains) and charges impacting EBITDA 210.0 (164.9) Impact of Ovivo Electronics on EBITDA 0.5 - Adjusted EBITDA $4,136.2 $3,723.6

Non-GAAP financial measures 20 Second Quarter Ended June 30 2026 2025 (millions) Fixed Currency Impact of Acquisitions and Divestitures Organic Fixed Currency Impact of Acquisitions and Divestitures Organic Net Sales Global Water $2,215.5 ($117.0) $2,098.5 $2,014.9 $- $2,014.9 Global Institutional & Specialty 1,617.4 - 1,617.4 1,562.5 - 1,562.5 Global Pest Elimination 350.5 (5.3) 345.2 321.2 - 321.2 Global Life Sciences 221.0 - 221.0 191.4 - 191.4 Subtotal at fixed currency rates 4,404.4 (122.3) 4,282.1 4,090.0 - 4,090.0 Currency impact 11.0 (64.8) Consolidated reported GAAP net sales $4,415.4 $4,025.2 Operating Income (loss) Global Water $347.7 ($14.1) $333.6 $329.7 $- $329.7 Global Institutional & Specialty 389.9 - 389.9 368.1 - 368.1 Global Pest Elimination 70.5 (0.2) 70.3 62.5 - 62.5 Global Life Sciences 58.5 - 58.5 40.2 - 40.2 Corporate (57.9) 9.9 (48.0) (49.2) - (49.2) Subtotal at fixed currency rates 808.7 (4.4) 804.3 751.3 - 751.3 Special (gains) and charges at fixed currency rates 52.1 26.8 Reported OI at fixed currency rates 756.6 724.5 Currency impact 1.3 (14.4) Consolidated reported GAAP operating income $757.9 $710.1

21 Non-GAAP Financial Information: This communication and certain of the accompanying tables include financial measures that have not been calculated in accordance with accounting principles generally accepted in the U.S. (“GAAP”). These non-GAAP financial measures may include: ◦ fixed currency sales ◦ organic sales ◦ adjusted gross profit ◦ adjusted gross margin ◦ adjusted fixed currency gross profit ◦ adjusted fixed currency gross margin ◦ organic gross profit ◦ organic gross margin ◦ fixed currency operating income ◦ fixed currency operating income margin ◦ adjusted operating income ◦ adjusted fixed currency operating income ◦ adjusted fixed currency operating income margin ◦ organic operating income ◦ organic operating income margin ◦ adjusted tax rate ◦ adjusted net income attributable to Ecolab ◦ adjusted diluted earnings per share ◦ EBITDA ◦ Adjusted EBITDA We provide these measures as additional information regarding our operating results. We use these non-GAAP measures internally to evaluate our performance and in making financial and operational decisions, including with respect to incentive compensation. We believe that our presentation of these measures provides investors with greater transparency with respect to our results of operations and that these measures are useful for period-to-period comparison of results. Non-GAAP financial information

22 Non-GAAP Financial Information (Continued): Our non-GAAP financial measures for adjusted gross margin, adjusted gross profit and adjusted operating income exclude the impact of special (gains) and charges and our non-GAAP financial measures for adjusted tax rate, adjusted net income attributable to Ecolab and adjusted diluted earnings per share further exclude the impact of discrete tax items. We include items within special (gains) and charges and discrete tax items that we believe can significantly affect the period-over-period assessment of operating results and not necessarily reflect costs and/or income associated with historical trends and future results. After tax special (gains) and charges are derived by applying the applicable local jurisdictional tax rate to the corresponding pre-tax special (gains) and charges. EBITDA is defined as net income including non-controlling interest with the sum of provision for income taxes, net interest expense, depreciation and amortization added back. Adjusted EBITDA further adds back special (gains) and charges impacting EBITDA. EBITDA and adjusted EBITDA are used in our net debt to EBITDA and net debt to adjusted EBITDA ratios, which we view as important indicators of the operational and financial health of our organization. We evaluate the performance of our international operations based on fixed currency rates of foreign exchange, which eliminate the translation impact of exchange rate fluctuations on our international results. Fixed currency amounts included in this presentation are based on translation into U.S. dollars at the fixed foreign currency exchange rates established by management at the beginning of 2026. We also provide our segment results based on public currency rates for informational purposes. Our reportable segments do not include the impact of intangible asset amortization from the Nalco, Purolite and Ovivo Electronics transactions or the impact of special (gains) and charges as these are not allocated to the Company’s reportable segments. Our non-GAAP financial measures for organic sales, organic gross profit, organic gross profit margin, organic operating income and organic operating income margin are at fixed currency and exclude the impact of special (gains) and charges where applicable, the results of our acquired businesses from the first twelve months post acquisition and the results of divested businesses from the twelve months prior to divestiture. These non-GAAP financial measures are not in accordance with, or an alternative to, GAAP and may be different from non-GAAP measures used by other companies. Investors should not rely on any single financial measure when evaluating our business. We recommend that investors view these measures in conjunction with the GAAP measures included in this presentation. Reconciliations of our non-GAAP measures are included in the following “Non-GAAP Financial Measures” tables of this communication. We do not provide reconciliations for non-GAAP estimates on a forward-looking basis (including those contained in this presentation) when we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of various items that have not yet occurred, are out of our control and/or cannot be reasonably predicted, and that would impact reported earnings per share and the reported tax rate, the most directly comparable forward-looking GAAP financial measures to adjusted earnings per share and the adjusted tax rate. For the same reasons, we are unable to address the probable significance of the unavailable information. Non-GAAP financial information (cont.)

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Local phone number for entity.

+ References

No definition available.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

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- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

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Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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Trading symbol of an instrument as listed on an exchange.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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