February 29, 2024 Hayward Holdings Announces Fourth Quarter and Full Year 2023 Financial Results and Introduces 2024 Guidance FOURTH QUARTER FISCAL 2023 SUMMARY FULL FISCAL YEAR 2023 HIGHLIGHTS CHARLOTTE, N.C. -- (BUSINESS WIRE) -- Hayward Holdings, Inc. (NYSE: HAYW) ("Hayward" or the "Company"), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, today announced financial results for the fourth quarter and full fiscal year ended December 31, 2023. CEO C ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 1415 Vantage Park Drive Suite 400 Charlotte, NC (Address of Principal Executive Office) 82-2060643 (I.R.S. Employer Identification No.) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file ...

Hayward Holdings, Inc. (NYSE:HAYW) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Company Participants Kevin Maczka - Vice President, Investor Relations Kevin Holleran - President & Chief Executive Officer Eifion Jones - Senior Vice President & Chief Financial Officer Conference Call Participants Jeff Hammond - KeyBanc Capital Markets Ryan Merkel - William Blair Andrew Carter - Stifel Nigel Coe - Wolfe Research Nick Cash - Goldman Sachs Operator Welcome to Hayward Holdings Third Quarter 2023 E ...

THIRD QUARTER 2023 EARNINGS CALL KEVIN HOLLERAN President and Chief Executive Officer KEVIN MACZKA Vice President of Investor Relations 9 HAYWARD® © 2023 Hayward Holdings, Inc. 2 Forward-Looking Statements The forward-looking statements included in this presentation are made only as of the date of this presentation. Unless required by United States federal securities laws, Hayward neither intends nor assumes any obligation to update these forward-looking statements for any reason to conform these statements ...

SECOND QUARTER 2023 EARNINGS August 2, 2023 EIFION JONES Senior Vice President and Chief Financial Officer © 2023 Hayward Holdings, Inc. 2 The forward-looking statements included in this presentation are made only as of the date of this presentation. Unless required by United States federal securities laws, Hayward neither intends nor assumes any obligation to update these forward-looking statements for any reason to conform these statements to actual results or to changes in Hayward's expectations. Key Mes ...

Company Participants Conference Call Participants Operator I will now turn the call over to Kevin Maczka, Vice President, Investor Relations. Mr. Maczka, you may begin. Thank you, and good morning, everyone. We issued our second quarter 2023 earnings press release this morning, which has been posted to the Investor Relations section of our website at investor.hayward.com. There, you can also find an earnings slide presentation that we will reference during this call. I'm joined today by Kevin Holleran, Pres ...

INVESTOR PRESENTATION May 2023 © 2023 Hayward Holdings, Inc. NYSE: HAYW SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS Examples of forward-looking statements include, among others, statements Hayward makes regarding: Hayward's 2023 guidance; business plans and objectives; anticipated SG&A cost savings; general economic and industry trends; business prospects; future product development and acquisition strategies; and growth and expansion opportunities. The forward-looking statements in this presentation ...

Company participants Welcome to Hayward Holdings First Quarter 2023 Earnings Call. My name is Jordan, and I will be the operator for today's call. [Operator Instructions] Please note this conference is being recorded. Before we begin, I would like to remind everyone that during this call, the company may make certain statements that are considered forward-looking in nature, including management's outlook for 2023 and future periods. Such statements are subject to a variety of risks and uncertainties, includ ...

Sales and Market Segmentation - North America and Europe & Rest of World segments accounted for approximately 84% and 16% of total net sales for Fiscal Year 2022, respectively [27]. - The largest customer, Pool Corporation, represented approximately 35% of net sales in Fiscal Year 2022, with no other customer exceeding 10% [36]. - Approximately 50% of net sales are derived from non-discretionary products essential for pool operation [33]. - The average wholesale price of equipment per pool ranges from $1,800 for entry-level pools to well above $12,000 for premium pools [33]. - In Fiscal Year 2022, approximately 75% of residential pool equipment in the U.S. was sold through specialty distributors, 18% directly to retailers, and 7% to builders [43]. Supplier and Employee Relations - The company maintains relationships with approximately 700 suppliers, with an average relationship of over 15 years across the top 30 suppliers [38]. - The company employs approximately 2,000 full-time equivalent employees, with about 25% located internationally [55]. - In 2022, over 550 employee suggestions for improvements were implemented, reflecting a strong feedback culture [67]. Sustainability and Environmental Impact - The company’s environmentally sustainable products can conserve up to 92% more water than standard sand filters, allowing for higher pricing on key products [32]. - The company is committed to sustainability and has established four ESG pillars: Products, People, Planet, and Principles [65]. - The company maintains an ESG section on its website to provide transparency and detailed information to stakeholders [70]. - The company has been involved in investigation and remediation activities related to environmental contamination, which could lead to material future costs [123]. - The company’s operations may be impacted by climate change and related regulatory responses, potentially disrupting production capabilities and supply chains [133]. Financial Performance and Risks - The company has experienced material cost inflation due to the COVID-19 pandemic, impacting raw material prices and manufacturing costs [106]. - The principal raw materials include resins and metals, which are subject to commodity price fluctuations that could adversely affect the cost of goods sold [118]. - The company expects an increase in sales denominated in non-dollar currencies, which may introduce currency transaction risks [104]. - The company may face significant risks if unable to generate sufficient cash flow from operations to service its debt obligations [147]. - The company may require additional financing for operations or acquisitions, which may not be available on acceptable terms [154]. Debt and Capital Structure - As of December 31, 2022, the company's total indebtedness was approximately $1,121.0 million, including $1,109.7 million under the first lien term loan facility [145]. - The company has revolving loan commitments of up to $425.0 million under its asset-based lending facility, with a peak season commitment of $475.0 million [145]. - The company had approximately $208.4 million of undrawn lines of credit available under the ABL Facility as of December 31, 2022 [153]. - The agreements governing the company's indebtedness impose restrictions that may limit its ability to engage in beneficial actions, including incurring additional debt and making strategic acquisitions [149]. Intellectual Property and Compliance - The company holds approximately 209 issued U.S. patents and 231 issued foreign patents as of December 31, 2022, covering various technologies [52]. - The company has approximately 59 pending U.S. patent applications and 78 pending foreign patent applications, indicating ongoing investment in intellectual property [135]. - The company relies on third-party intellectual property for certain products, which may limit its competitive advantage if licenses are not available on commercially acceptable terms [142]. - The company may be subject to claims regarding the wrongful use of trade secrets or intellectual property, which could lead to ownership disputes and litigation [143]. - The company is subject to various governmental regulations, including those related to environmental protection and product safety, which may increase compliance costs [121]. Internal Controls and Reporting - The company identified material weaknesses in its internal control over financial reporting, which could affect the accuracy and timeliness of financial reporting [162]. - Remediation efforts for the identified material weaknesses include enhancing the internal control environment and implementing IT general controls [166]. - The company has not yet remediated the material weaknesses, and the effectiveness of the remediation plan cannot be guaranteed [168]. - The majority of the voting power in the election of directors is controlled by sponsors, which may limit stockholder protections [161]. - The company has not documented an effective control environment, contributing to the identified material weaknesses [162]. Market and Stock Performance - The stock price has been volatile and may fluctuate significantly due to various uncontrollable factors [173]. - Future sales of common stock may depress the stock price and dilute existing stockholders' rights [171]. - The company may face restricted access to capital markets if it fails to maintain effective internal controls [170].

Hayward Holdings Inc. (NYSE:HAYW) Q4 2022 Results Conference Call February 28, 2023 9:00 AM ET Company Participants Kevin Maczka - Vice President of Investor Relations Kevin Holleran - President, CEO and Director Eifion Jones - Senior VP and CFO Conference Call Participants Ryan Merkel - William Blair Jeff Hammond - KeyCorp Nigel Coe - Wolfe Research Rob Wertheimer - Melius Research Saree Boroditsky - Jefferies Michael Halloran - Baird William Carter - Stifel Rafe Jadrosich - Bank of America John Joyner - B ...