Masco — Feb 6, 2025 release

look for 2025 and Dividend Declaration • Expect 2025 earnings per share in the range of $4.20 - $4.45 per share • Estimates include the impact from recently enacted China tariffs • Board declared a quarterly dividend of $0.31 per share, a 7 percent increase, payable on March 10, 2025 to shareholders of record on February 21, 2025 LIVONIA, Mich. (February 11, 2025) - Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its fourth quarter and full-year 2024 results. 2024 Fourth Quarter Results • On a reported basis, compared to the fourth quarter 2023: • Net sales decreased 3 percent to $1,828 million; in local currency and excluding divestitures, net sales increased 1 percent ◦ Plumbing Products’ net sales decreased 1 percent; in local currency net sales decreased 1 percent ◦ Decorative Architectural Products’ net sales decreased 6 percent; in local currency and excluding divestitures, net sales increased 5 percent ◦ In local currency, North American sales decreased 4 percent and International sales increased 2 percent • Gross margin was flat at 34.7 percent • Operating profit increased 17 percent to $290 million from $247 million • Operating margin increased 280 basis points to 15.9 percent from 13.1 percent • Net income was flat at $0.85 per share • Compared to fourth quarter 2023, results for key financial measures, as adjusted for certain items (see Exh