Sherwin Williams : Technology Overview

CUSTOMER INSPIRED INNOVATION & TECHNOLOGY DRIVEN SOLUTIONS

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STEVE REVNEW-THE AMERICAS GROUP

SENIOR MARKETING VICE PRESIDENT, PRODUCT INNOVATION

CHRIS PIAZZA-PERFORMANCE COATINGS GROUP

SENIOR R&D VICE PRESIDENT

Forward-Looking Statements

This presentation contains certain "forward-looking statements," as defined under U.S. federal securities laws. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "could," "plan," "goal," "target," "potential," "seek," "intend," "aspire" or "anticipate" or the negative thereof or comparable terminology. These forward-looking statements are based upon current expectations, predictions, estimates, assumptions and beliefs concerning future events and conditions. Readers are cautioned not to place undue reliance on any forward-looking statements. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of the Company that could cause actual results to differ materially from such statements and from the Company's historical performance and experience. These risks, uncertainties and other factors include such things as: general business and economic conditions; the Company's ability to successfully integrate past and future acquisitions into its existing operations, as well as the performance of the businesses acquired; strengths of retail and manufacturing economies and the growth in the coatings industry; changes in the Company's relationships with customers and suppliers; changes in raw material availability and pricing; adverse weather conditions or impacts of climate change, natural disasters and public health crises, including the COVID-19 pandemic; the duration, severity and scope of the COVID-19 pandemic and the actions implemented by international, federal, state and local public health and governmental authorities to contain and combat the outbreak and spread of COVID-19, which may exacerbate one or more of the aforementioned and/or other risks, uncertainties and factors more fully described in the Company's reports filed with the Securities and Exchange Commission (SEC); and other risks, uncertainties and factors described from time to time in the Company's reports filed with the SEC. Since it is not possible to predict or identify all of the risks, uncertainties and other factors that may affect future results, the above list should not be considered a complete list. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

INDUSTRY DATA: In addition, industry information included in this presentation is not intended to be comprehensive. The coatings industry is global and diversified. The Company believes the multiple data sources cited in connection with industry market sizes, segments and other information are directionally helpful as of the date of this presentation, but may not be comprehensive, including from an absolute volume or industry size standpoint or otherwise. Generally, these sources tend to understate the size of the industry for all geographies.

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A 150+ Year Legacy Of Innovation

1870s		1870s
1st Resealable Can		1st Ready-Mix Paint

1950s		1990s
	SuperPaint®
KEM Color Meter
	1st 10 Year Warranty

1930s		1940s
Kem-Tone®		Roller-Koater
1st Water-based Paint		1st synthetic roller cover

2000s		2000s
Dutch Boy ® Refresh		LowTemp35
Odor Eliminator		1st Low-temp Arch. Paint

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R&D At a Glance

2,000+		22,000+		10 YEARS		1,962
R&D EMPLOYEES		YEARS OF SHW
		AVERAGE TENURE		ACTIVE PATENTS
WORLDWIDE		EXPERIENCE

Global Scale with Local Support

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R&D Focus Areas

	Raw Material			Polymer		Innovation & Product
Technology & Science			Development			Technology

	Color Science		Commercialization		Exposure Testing
		& Product Development

				Engineering & Scale-Up
Analytical & Material			Market Benchmarking
	Science

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