Watts Water Technologies, Inc. (NYSE:WTS) Q2 2023 Earnings Call August 3, 2023 9:00 AM ET Company Participants Diane McClintock - SVP FP&A & Investor Relations Bob Pagano - President and Chief Executive Officer Shashank Patel - Chief Financial Officer Conference Call Participants Ryan Connors - Northcoast Research Adam Farley - Stifel Jeff Hammond - KeyBanc Capital Markets Mike Halloran - Baird Walt Liptak - Seaport Global Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I wil ...

Watts Water Technologies, Inc. (NYSE:WTS) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Diane McClintock - Investor Relations Bob Pagano - President and Chief Executive Officer Shashank Patel - Chief Financial Officer Conference Call Participants Mike Halloran - Baird Jeff Hammond - KeyBanc Nathan Jones - Stifel Michael Anastasiou - TD Cowen Walt Liptak - Seaport Global Operator Ladies and gentlemen, thank you for standing by. My name is Brent and I will be your conference op ...

Product Development and Innovation - The company launched 20 new smart and connected product offerings in 2022, expanding its portfolio and smart strategy[50] - The Centurion, a new 2000 MBH water heater, features state-of-the-art combustion control technology for optimal efficiency and low emissions[48] - The company has made advancements in its backflow product line, now providing sensors for flood detection, potentially avoiding significant water loss[48] - The company has invested in leak detection solutions for both residential and commercial markets, helping to prevent costly water damage[48] - The company has seen increased demand for high-efficiency products due to growing interest in energy efficiency and water conservation[66] Employee and Corporate Governance - Approximately 4,600 employees were reported globally as of December 31, 2022, with 2,100 in the Americas, 2,200 in Europe, and 300 in APMEA[52] - The company aims for zero hazards and injuries by prioritizing employee safety through education and training initiatives[60] - The company has a Code of Business Conduct applicable to all officers, employees, and Board members worldwide, driving policy development and training initiatives[71] - The company’s executive team includes Robert J. Pagano, Jr. as CEO, Shashank Patel as CFO, and Monica Barry as Chief Human Resources Officer[80] - The company has a commitment to high governance standards and periodically reviews its corporate governance policies[71] Environmental, Social, and Governance (ESG) Initiatives - The Governance and Sustainability Committee reviews the company's ESG performance and strategic plans quarterly[63] - The company was recognized for the fourth consecutive year as one of Newsweek's Most Responsible Companies[72] - The company was promoted to the "low-risk" category by Sustainalytics in their annual ESG Risk Rating Report[72] - The company supported several non-profit organizations in 2022, including funding the construction of AquaTowers providing clean water for up to 10,800 people[70] - The company has implemented smart monitoring systems to reduce global water consumption and greenhouse gas emissions[67] - The company’s sustainability efforts are detailed in its latest Sustainability Report, which is available on its investor website[73] Financial Instruments and Risk Management - The company uses derivative financial instruments primarily to reduce exposure to adverse fluctuations in foreign exchange rates, interest rates, and costs of certain raw materials[253] - The company hedges approximately 80% to 85% of forecasted intercompany purchases between its Canadian and U.S. subsidiaries for the next twelve months[256] - The company has entered into forward exchange contracts that hedge up to 60% of forecasted intercompany sales transactions between its Chinese and U.S. subsidiaries for the next twelve months[256] - The fair value of the company's designated foreign hedge contracts outstanding as of December 31, 2022, was an asset of $0.2 million[256] - The company entered into an interest rate swap agreement on March 30, 2021, with a notional amount of $100.0 million, paying a fixed rate of 1.02975%[257] - The interest rate swap was amended on August 2, 2022, to replace LIBOR with Term SOFR, with the company paying a fixed rate of 0.942% on the same notional amount[257] - The company manages commodity price risks by monitoring market prices and working with suppliers to achieve cost stability[258] Legal and Environmental Liabilities - The company is defending approximately 550 lawsuits related to asbestos exposure, with no substantial evidence found against its products[77] - The company maintains product liability and other insurance coverage, which may not be adequate to fully protect against substantial damage claims[74] - The company has been named as a potentially responsible party for a limited number of identified contaminated sites, with environmental liabilities recorded based on the most probable cost[75] Reporting and Transparency - The company provides free access to its Annual Report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K through its website[79]

Watts Water Technologies, Inc. (NYSE:WTS) Q4 2022 Earnings Conference Call February 9, 2023 9:00 AM ET Company Participants Diane McClintock - SVP, FP&A and IR Robert Pagano - Chairman & President, CEO Shashank Patel - CFO Conference Call Participants Michael Halloran - Baird David Tarantino - KeyBanc Capital Markets Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today. At this time, I would like to welcome everyone to the Watts Water Techn ...

| --- | --- | |-------|-----------------------------------------------------------| | | | | | | | | Watts Water Technologies 3Q 2022 Earnings Conference Call | | | November 3, 2022 | November 2, 2022 © 2022 Watts Water Technologies, Inc. 1 Forward Looking Statements Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are related to forecasts of sales, margins, earnings, earnings per share, ...

Watts Water Technologies, Inc. (NYSE:WTS) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Diane McClintock - SVP, FP&A and IR Robert Pagano - Chairman & President, CEO Shashank Patel - CFO Conference Call Participants Jeffrey Hammond - KeyBanc Capital Markets Tristan Margot - Cowen & Company Brian Lee - Goldman Sachs Nathan Jones - Stifel, Nicolaus & Company Michael Halloran - Robert W. Baird & Co. Ryan Connors - Northcoast Research Operator Ladies and gentlemen, thank you ...

| --- | --- | |-------|-----------------------------------------------------------| | | | | | | | | Watts Water Technologies 2Q 2022 Earnings Conference Call | | | August 4, 2022 | August 3, 2022 © 2022 Watts Water Technologies, Inc. 1 Forward Looking Statements Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are related to forecasts of sales, margins, earnings, earnings per share, effe ...

Watts Water Technologies, Inc. (NYSE:WTS) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Diane McClintock - Senior Vice President FP&A and Investor Relations Robert Pagano - Chief Executive Officer and President Shashank Patel - Chief Financial Officer Conference Call Participants Jeffrey Hammond - KeyBanc Capital Markets Nathan Jones - Stifel Michael Halloran - Robert W. Baird Ryan Connors - Northcoast Research Partners Walter Liptak - Seaport Research Partners Operator Lad ...

| --- | --- | |-------|-----------------------------------------------------------| | | | | | | | | Watts Water Technologies 1Q 2022 Earnings Conference Call | | | May 4, 2022 | May 3, 2022 © 2022 Watts Water Technologies, Inc. 1 Forward Looking Statements Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are related to forecasts of sales, margins, earnings, earnings per share, effective ...

Watts Water Technologies, Inc. (NYSE:WTS) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Diane McClintock - Senior Vice President FP&A and Investor Relations Robert Pagano - Chief Executive Officer and President Shashank Patel - Chief Financial Officer Conference Call Participants Jake Jarnigo - Baird Adam Farley - Stifel Joe Giordano - Cowan & Company Jeff Hammond - KeyBanc Capital Markets Operator Ladies and gentlemen, thank you standing by. My name is Brent, and I will be yo ...