Eaton — Feb 3, 2026 release

This restructuring program is expected to be completed in 2026 and is expected to incur additional expenses related to workforce reductions of $102 million and plant closing and other costs of $38 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 December 31 Year ended December 31 (In millions except for per share data) 2025 2024 2025 2024 Workforce reductions $ 16  $ 42  $ 81  $ 120  Plant closing and other 19  28  52  83  Total before income taxes 35  70  133  202  Income tax benefit 8  14  29  43  Total after income taxes $ 28  $ 56  $ 103  $ 160  Per ordinary share - diluted $ 0.07  $ 0.14  $ 0.26  $ 0.40  Restructuring program charges (income) related to the following segments: Three months ended December 31 Year ended December 31 (In millions) 2025 2024 2025 2024 Electrical Americas $ 2  $ 4  $ 14  $ 12  Electrical Global 24  18  63  88  Aerospace 10  2  10  9  Vehicle 1 (10) 8  13  40  eMobility 8  22  18  25  Corporate 2  16  14  29  Total $ 35  $ 70  $ 133  $ 202  1 The restructuring program liability was adjusted by $12 million in the fourth quarter of 2025 primarily related to true-ups for completed workforce reductions in the Vehicle segment. These restructuring program charges were included in Cost of prod