Applied Industrial Technologies — Apr 28, 2026 release

Combined with our balance sheet capacity, we are in a solid position moving forward.” Updated Fiscal 2026 Guidance Guidance for our fiscal 2026 year ending June 30, 2026 is updated as follows: • EPS: $10.64 to $10.75 (prior $10.45 to $10.75) • Total sales growth: 7.2% to 7.7% (prior 5.5% to 7.0%) • Organic sales growth: 3.8% to 4.2% (prior 2.5% to 4.0%) • EBITDA margin: 12.3% to 12.4% (prior 12.2% to 12.4%) Updated guidance assumes the following for our fiscal fourth quarter ending June 30, 2026: • EPS: $2.85 to $2.96 • Total sales growth: 4.5% to 6.0% • Organic sales growth: 4.0% to 5.5% year over year • EBITDA margin: 12.6% to 12.8% Guidance incorporates macro uncertainty tied to recent geopolitical events and ongoing trade policy dynamics, as well as broader inflationary headwinds and growth investments. Guidance does not assume contribution from future acquisitions or share buybacks. Share Repurchase Authorization Today, the Company announced that its Board of Directors authorized a new share buyback program to repurchase up to 3.0 million shares of the Company’s common stock. The updated plan replaces the prior share repurchase plan. Shares may be purchased in open market and negotiated transactions. Dividend The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.51 per common share, payable on May 29, 2026, to shareholders of record on May 15, 2026. Conference Call Information The Company will host a confe