Eaton — Aug 5, 2025 release

This restructuring program is expected to be completed in 2026 and is expected to incur additional expenses related to workforce reductions of $164 million and plant closing and other costs of $67 million, resulting in total estimated charges of $475 million for the entire program. The Company expects mature year benefits of $375 million when the multi-year program is fully implemented. A summary of restructuring program charges is as follows: Three months ended June 30 Six months ended June 30 (In millions except for per share data) 2025 2024 2025 2024 Workforce reductions $ 7  $ 9  $ 19  $ 68  Plant closing and other 17  7  23  11  Total before income taxes 24  15  42  78  Income tax benefit 5  3  9  18  Total after income taxes $ 18  $ 12  $ 33  $ 61  Per ordinary share - diluted $ 0.05  $ 0.03  $ 0.08  $ 0.15  Restructuring program charges related to the following segments: Three months ended June 30 Six months ended June 30 (In millions) 2025 2024 2025 2024 Electrical Americas $ 9  $ 1  $ 10  $ 8  Electrical Global 5  4  19  27  Aerospace —  —  —  8  Vehicle 2  4  4  27  eMobility 2  —  2  —  Corporate 6  7  7  7  Total $ 24  $ 15  $ 42  $ 78  These restructuring program charges were included in Cost of products sold, Selling and administrative expense, Research and development expense, or Other income - net, as appropriate. In Business Segment Information, these restructuring program charges are treated as Corporate items. Note 5. INTANGIBLE ASSET AMORTIZATION EXPENSE Intangible asset amortization expense is