Fluidra S A : UBS Global Industrial Conference (NY)

TO CREATE THE PERFECT POOL & WELLNESS

EXPERIENCE, RESPONSIBLY

UBS Global Industrials Conference - June 2021

DISCLAIMER

• This document is for information purposes only and does not constitute an offer to sell, exchange or buy, or an invitation to make offers to buy, securities issued by any of the companies mentioned. This financial information has been prepared by Fluidra, S.A. ("Fluidra", and with all its subsidiaries, the "Fluidra Group") in accordance with International Financial Reporting Standards (IFRS).
• The assumptions, information and forecasts contained herein do not guarantee future results and are exposed to risks and uncertainties; actual results may differ significantly from those used in the assumptions and forecasts for various reasons.
• The information contained in this document may contain statements regarding future intentions, expectations or projections. All statements, other than those based on historical facts, are forward-looking statements, including, without limitation, those regarding our financial position, business strategy, management plans and objectives for future operations. Such forward-looking statements are affected, as such, by risks and uncertainties, which could mean that what actually happens does not correspond to them.
• These risks include, amongst others, seasonal fluctuations that may change demand, industry competition, economic and legal conditions, restrictions on free trade and/or political instability in the markets where the Fluidra Group operates or in those countries where Fluidra Group's products are manufactured or distributed, and those that may arise from potential COVID 19-related contingencies. The Fluidra Group makes no commitment to issue updates or revisions concerning the forward-looking statements included in this financial information or concerning the expectations, events, conditions or circumstances on which these forward- looking statements are based.
• In any event, the Fluidra Group provides information on these and other factors that may affect the company's forward-looking statements, business and financial results in documents filed with the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores). We invite all interested persons or entities to consult these documents.

2

LARGE GLOBAL MARKET - HIGHLY FRAGMENTED & LED BY FLUIDRA

NA & Europe make up for the bulk of the large Global market …	... as well as the dispersed residential segment
	Split by market 2020
	Rest of the World						Chemicals
				Increase from €7.1bn	24%
21%
				addressable market in
							2017:
		Europe	Global Pool	NA	1.	Market growth	Commercial	Residential Equipment
			Market	2.	Inclusion of other
			Equipment	69%
30%		€11.5bn	49%
		product
						7%
								families/channels

3. Distribution outside North America

Fluidra is the global leader in a fragmented industry

Growing and accelerating installed base

Residential inground pools in millions

>1k

13%

20

companies

		17%
Others		Other Top 3 Global
	Equipment Players
53%
		9%	Top 10
	8%	Regional Players
	Leading 2 Chemicals
	Players

15 10 5 0

2007	2009	2011	2013	2015	2017	2019	2020
	Europe	N. America	S. America	RoW

3

LONG-TERM STRUCTURAL GROWTH DRIVERS - CURRENTLY BOOSTED FURTHER

Market Dynamics & Drivers

Market

Large installed pool base with accelerating growth

Average selling price continues to grow

Innovation driving consumer demand for an upgraded pool experience

Despite step change, new construction below long-term historic average in USA, Spain & below peak globally

Step Change Consumer trends

Flight to suburbs globally and in the USA to the sunbelt

Increasing tendency towards outdoor living

Pool as the anchor to the backyard experience

Strong equity in housing and consumer willingness to invest in their largest asset

Pool unit value has grown >	<€25k	>€40k
Avg. cost for a	Avg. cost for a
60% in recent years and	pool in the USA	pool in the USA
Fluidra's participation more	<10%	>15%
than 2x
Fluidra's value	Fluidra's value
	Pre 2011 pool	Present day pool

4

VERY ATTRACTIVE - AND IMPROVING - INDUSTRY DYNAMICS

1

2

3

4

5

Megatrends driving acceleration in medium-term structural growth

Unit value expanding materially (and Fluidra's share of it)

Addressable market well-diversified by category

Accelerating growth of installed base enhances resilience, visibility and repeatability of revenue

Fluidra is the global leader in a highly fragmented industry

5