Financial Data and Key Metrics Changes - Sales increased by 9% to $4.1 billion, segment income rose by 12% to $768 million, return on sales (ROS) expanded by 40 basis points to 18.6%, and adjusted EPS increased by 8% to $3.68 [23][59]. - For the full year, sales grew by 9% with core sales up by 6%, and segment income grew by 12% [58]. Business Line Data and Key Metrics Changes - Consumer Solutions sales grew by 12% with core sales up by 4%, while Industrial & Flow Technologies saw core sales growth of 10% [58]. - In Q4, Consumer Solutions sales declined by 1% with core sales down by 11%, while Industrial & Flow Technologies reported strong core sales growth of 11% [32][36]. Market Data and Key Metrics Changes - The Pool segment had approximately $1.6 billion in revenue in 2022, expected to grow sales mid-single digits over the long term [39]. - Water Solutions segment sales are expected to increase mid-teens at the midpoint, with commercial business up approximately 40% and residential down approximately 10% [70]. Company Strategy and Development Direction - The company has split its Consumer Solutions segment into Pool and Water Solutions to improve transparency and customer service [29]. - The focus is on transformation initiatives aimed at driving significant margin expansion, with a target of expanding ROS to approximately 23% by 2025 [65][72]. Management's Comments on Operating Environment and Future Outlook - Management expects 2023 to be a catch-up year for excess demand realized in 2020 through the first half of 2022, with a return to more normalized demand in 2024 [50]. - The company is confident in its business model and transformation initiatives, which are expected to drive long-term shareholder value [49]. Other Important Information - The company generated $283 million of free cash flow from continuing operations in 2022, with a plan to maintain disciplined capital allocation and focus on debt reduction [37][63]. - The company has identified over 400 basis points of targeted margin expansion by 2025, up from the previously discussed 300 basis points [65]. Q&A Session Summary Question: Can you provide an update on the residential portfolio within the Consumer Solutions group? - Management indicated that the residential portfolio still represents roughly 40% of the overall Water Solutions segment and remains focused on the trade and professional channel [77]. Question: What is the guidance for Pool sales in 2023? - Management expects Pool sales to be down low double digits in 2023, reflecting an inventory rebalancing year across the pool industry [92]. Question: How do you see the pricing environment affecting your guidance? - Management expressed confidence in the pricing actions already taken, anticipating that price will slightly exceed inflation, while also acknowledging potential channel discounts [106]. Question: What are the expectations for free cash flow conversion in 2023? - Management has high confidence in achieving free cash flow conversion of 100% of net income, driven by improvements in working capital [129]. Question: Can you elaborate on the synergies from the Manitowoc acquisition? - Management believes there are significant cross-sell opportunities with Manitowoc Ice, aiming to ensure that every ice machine has a Pentair filter [135].

This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "targets," "plans," "believes," "expects," "intends," "will," "likely," "may," "anticipates," "estimates," "projects," "should," "would," "could," "positioned," "strategy," ...

Table of Contents 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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-11625 Pentair plc (Exact name of Registrant as specified in its charter) Ireland 98-1141328 (State or other jurisdiction of incorporation or organizat ...

Pentair plc (NYSE:PNR) Q3 2022 Earnings Conference Call October 25, 2022 9:00 AM ET Company Participants Jim Lucas - Senior Vice President, Treasurer and Investor Relations John Stauch - President and Chief Executive Officer Bob Fishman - Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Mike Halloran - Baird Joe Giordano - Cowen Nathan Jones - Stifel Bryan Blair - Oppenheimer Miguel De Jesus - Goldman Sachs Jeff Hammond - KeyBanc Capital Markets Scott Graham - Loop Capital Mar ...

| --- | --- | --- | --- | --- | |-----------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 2022 Earnings Release July 26, 2022 | | | | | | | | | | | | | | | | | Caution Concerning Forward-Looking Statements This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact a ...

Table of Contents 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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-11625 Pentair plc (Exact name of Registrant as specified in its charter) Ireland 98-1141328 (State or other jurisdiction of incorporation or organization) ...

Pentair plc (NYSE:PNR) Q2 2022 Results Conference Call July 26, 2022 9:00 AM ET Company Participants Jim Lucas - SVP, Treasurer SG&A & IR John Stauch - President, CEO Bob Fishman - CFO Conference Call Participants Andy Kaplowitz - Citigroup Brian Lee - Goldman Sachs Bryan Blair - Oppenheimer Damien Karas - UBS Jeff Hammond - KeyBanc Capital Markets Joe Giordano - Cowen Matthew Shaffer - Barclays Mike Halloran - Baird Nathan Jones - Stifel Rob Wertheimer - Melius Research Saree Boroditsky - Jefferies Scott ...

Table of Contents 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 March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-11625 Pentair plc | (Exact name of Registrant as specified in its charter) | | | | | --- | --- | --- | --- | | Ireland | | 98-1141328 | | | (State or othe ...

Pentair plc (NYSE:PNR) Q1 2022 Earnings Conference Call April 21, 2022 9:00 AM ET Company Participants Jim Lucas - Senior Vice President, Treasurer, FP&A, Investor Relations John Stauch - Pentair President and Chief Executive Officer Bob Fishman - Executive Vice President, Chief Financial Officer and Chief Accounting Officer Conference Call Participants Joe Giordano - Cowen Mike Halloran - Baird Deane Dray - RBC Capital Markets Miguel Barrio - Goldman Sachs Jeff Hammond - KeyBanc Capital Andy Kaplowitz - C ...

| --- | --- | --- | --- | --- | |------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q1 2022 Earnings Release April 21, 2022 | | | | | | | | | | | | | | | | | Caution Concerning Forward-Looking Statements This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact ...