Fourth Quarter And Full Year

2022 Overview

F e b r u a r y 2 , 2 0 2 3

Participants

Don Allan

President & CEO

Corbin Walburger

VP, Interim CFO

Dennis Lange

VP, Investor Relations

4Q And FY 2022 Earnings Call | 2

Cautionary Statement

Certain Statements Contained In This Presentation Are Forward Looking. These Are Based On Assumptions Of Future Events Which May Not Prove To Be Accurate. They Involve Risk And Uncertainty. Actual Results May Differ Materially From Those Expected Or Implied. We Direct You To The Cautionary Statements Detailed In The Corresponding Press Release And Form 8-K And Our Recent '34 Act SEC Filings.

The Company's results represent continuing operations and exclude the Security

divestiture. Supplementary historical financial information reflecting the Security divestiture recorded in discontinued operations is available on the investor section of the website or can be accessed directly through the following link: Supplemental Historical Financial Information

4Q And FY 2022 Earnings Call | 3

4Q & FY 2022 Key Messages

4Q Was Another Meaningful Step Forward On Our Journey To Simplify & Transform Stanley Black & Decker

  • Delivered FY'22 Revenues Of $16.9 Billion, Up 11% Versus Prior Year Led By Outdoor
    Power Equipment Acquisitions, Industrial Segment Growth & Price Realization
  • Global Cost Reduction Program On Track And Delivered $200 Million Pre-Tax Savings In The Second Half Of 2022
  • Fourth Quarter Inventory Reduction Of $500 Million Supporting $520 Million Free Cash Flow* Generation In The Period & Contributed $0.5 Billion Of Debt Reduction
  • Full Year Adjusted Diluted EPS* Was $4.62
  • Guiding 2023 Full Year Adjusted Diluted EPS* Of $0.00 To $2.00 | Free Cash Flow* Expected To Approximate $0.5 Billion To $1 Billion
  • Preparing To Navigate A Challenging Macroeconomic Backdrop, While Advancing Our Supply Chain Transformation And Investing In Our Iconic Brands, Innovation Model, Electrification & Commercial Activation To Accelerate Share Gain

FY'22 Key Financials

$16.9B

Total Revenue

+11%

Total Revenue Growth

(3%)

Organic Revenue*

+7%

Price Realization

$4.62

Adjusted Diluted EPS*

*Non-GAAP Financial Measures. See Appendix For Reconciliation of GAAP To Non-GAAP Measures Used in This Presentation.

4Q And FY 2022 Earnings Call | 4

Transforming To Accelerate Organic Growth

A Clear Vision And New Strategy For Long-Term Success…

Reduce Complexity -

~$2B 3-Year Cost Savings

O P T I M I Z E

C O R P O R AT E S T R U C T U R E

F O C U S

O P E R AT I N G M O D E L

T R A N S F O R M

S U P P LY C H A I N

Invest In Core Growth

$300M - $500M

I N N O V A T I O N

E L E C T R I F I C A T I O N

M A R K E T L E A D E R S H I P

M O R E R E S P O N S I V E

S U P P LY C H A I N

Enhance

Shareholder Return

O r g a n i c R e v e n u e

G r o w t h * 2 - 3 X M a r k e t

3 5 % + A d j u s t e d G r o s s M a r g i n *

B y 2 0 2 5

1 0 0 % + F r e e C a s h F l o w * C o n v e r s i o n

P o w e r f u l I n n o v a t i o n

C u s t o m e r F i l l R a t e

I m p r o v e m e n t

…More Focused, Purpose-Driven Company, Delivering Value For Our Stakeholders

* Non-GAAP Financial Measure

4Q And FY 2022 Earnings Call | 5

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Stanley Black & Decker Inc. published this content on 02 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2023 12:40:03 UTC.