Raymond James 42nd Annual Institutional Investor Conference Masco Corporation JOHN SZNEWAJS, CHIEF FINANCIAL OFFICER March 2021 Safe Harbor Statement This presentation contains statements that reflect our views about our future performance and constitute "forwardlooking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "outlook," "believe," "anticipate," "appear," "may," "will," "should," "intend," "plan," "estimate," "expec ...

MASCO CORPORATION Fourth Quarter and Full Year 2020 Earnings Presentation February 9, 2021 Safe Harbor Statement This presentation contains statements that reflect our views about our future performance and constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "outlook," "believe," "anticipate," "appear," "may," "will," "should," "intend," "plan," "estimate," "expect," "assume," "seek," "forecast," an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 1-5794 MASCO CORPORATION (Exact name of Registrant as Specified in its Charter) Delaware 38-1794485 (State of Incorporation) (I. ...

Masco Corporation (NYSE:MAS) Q4 2020 Earnings Conference Call February 9, 2021 8:00 AM ET Company Participants David Chaika - Investor Relations Keith Allman - President and Chief Executive Officer John Sznewajs - Vice President and Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays John Lovallo - Bank of America Stephen Kim - Evercore ISI Phil Ng - Jefferies Nishu Sood - UBS Michael Rehaut - JPMorgan Susan Maklari - Goldman Sachs Mike Dahl - RBC Capital Markets Adam Baumgarten - ...

Financial Performance - Q3 2020 - Masco Corporation's revenue increased by 16% to $1983 million year-over-year[8] - Operating profit increased by $127 million to $425 million year-over-year[8] - Operating margin expanded by 400 bps to 214% year-over-year[8] - Adjusted EPS grew by 73% to $104[8] Segment Performance - Q3 2020 - Plumbing Products revenue increased by 13% to $1141 million year-over-year[11] - Plumbing Products operating margin increased by 510 bps to 238%[11] - Decorative Architectural Products revenue increased by 19% to $842 million year-over-year[13] - Decorative Architectural Products operating margin increased by 250 bps to 214%[13] Balance Sheet & Cash Flow - Cash and cash investments totaled $1326 million as of September 30 2020[16] - Adjusted free cash flow was $691 million[16] - Net leverage stood at 11x[16] Q4 2020 Outlook - The company anticipates sales growth of approximately 8-10% (excluding currency effects) for both Plumbing Products and Decorative Architectural Products[28] - The company anticipates an adjusted operating profit margin of approximately 190% for Plumbing Products and approximately 170% for Decorative Architectural Products[28]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 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 number: 1-5794 Masco Corporation (Exact name of Registrant as Specified in its Charter) (State or Other Jurisdiction of In ...

Masco Corporation (NYSE:MAS) Q3 2020 Earnings Conference Call October 28, 2020 8:00 AM ET Company Participants David Chaika - Vice President, Treasurer and Investor Relations Keith Allman - President and Chief Executive Officer John Sznewajs - Vice President and Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays John Lovallo - Bank of America Mike Dahl - RBC Capital Markets Adam Baumgarten - Credit Suisse Susan Maklari - Goldman Sachs Truman Patterson - Wells Fargo Keith Hughes - ...

Second Quarter 2020 Performance - Masco Corporation's revenue decreased by 4% to $1764 million year-over-year[8] - The adjusted EPS increased by 14% to $084[5, 8] - The adjusted operating profit margin expanded by 50 bps to 195%[5, 8] Segment Performance - Plumbing Products sales decreased by 14% to $868 million[10] - Decorative Architectural Products sales increased by 8% to $896 million[11] - North American sales for Plumbing Products decreased 11% in local currency, while international sales decreased 17% in local currency[11] - DIY paint sales grew high teens[12] Balance Sheet and Liquidity - Cash and cash investments totaled $1089 million as of June 30, 2020[13] - Total liquidity was $2089 million, including $1000 million revolver availability[13] - Working capital as a percentage of sales improved 50 bps to 181% compared to the prior year[13, 14] Q3 2020 Outlook - Plumbing Products sales are expected to be down 5% to up 5% (excluding currency impact), with an adjusted operating profit margin similar to Q3 2019's 187%[25] - Decorative Architectural Products sales are expected to be up 7-9%, with an adjusted operating profit margin similar to Q3 2019's 189%[25] - Total Masco sales are expected to be flat to up 10% (excluding currency impact), with an adjusted operating profit margin similar to Q3 2019's 174%[25]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 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 number: 1-5794 Masco Corporation (Exact name of Registrant as Specified in its Charter) Delaware 38-1794485 (State or Other Jur ...

Financial Performance - Net sales increased by 4% to $1,581 million for the three-month period ended March 31, 2020, compared to $1,513 million in the same period of 2019[97] - Operating profit increased to $252 million for the three-month period ended March 31, 2020, up from $226 million in the same period of 2019[92] - Income from continuing operations was $133 million for the three-month period ended March 31, 2020, compared to $107 million in the same period of 2019[109] - Diluted income per common share increased to $0.48 for the three-month period ended March 31, 2020, up from $0.36 in the same period of 2019[109] - Gross profit margin improved to 34.6% for the three-month period ended March 31, 2020, compared to 34.5% in the prior year[102] Cash Flow and Investments - Net cash used for operating activities was $92 million for the three-month period ended March 31, 2020, impacted by an increase in accounts receivable[114] - Net cash provided by investing activities was $807 million, primarily from the sale of Cabinetry, net of cash disposed[116] - The current cash balance and borrowing availability under the Credit Agreement are deemed sufficient to fund near-term working capital needs[125] Impact of COVID-19 - The company anticipates significant adverse impacts on operations in the second quarter of 2020 due to the COVID-19 pandemic, including reduced consumer demand and supply chain disruptions[123] - The company anticipates experiencing short-term softness in its businesses due to the COVID-19 pandemic but remains confident in the fundamentals of its operations[130] - The company has implemented alternative work arrangements to ensure employee safety during the pandemic[127] Strategic Focus - The company is focused on leveraging its strong brand portfolio and industry-leading positions to drive long-term shareholder value[130] - The company emphasizes its strong financial position and cash flow generation as key drivers for future growth[130] - The company is committed to innovation and disciplined capital allocation to enhance its market position[130] - The company is focused on successfully executing its acquisition strategy and integrating acquired businesses[132] - The company is investing in new technology to achieve anticipated benefits and improve operational efficiency[132] Market Risks - The company acknowledges risks related to residential repair and remodel activity, new home construction, and the ongoing COVID-19 pandemic[132] - The company highlights the importance of maintaining its strong brands and reputation in the competitive landscape[132] - The company is monitoring the cost and availability of materials, which could impact its production capabilities[132]