Edgewell Personal Care

David Hatfield
President and Chief Executive Officer

Forward-Looking Statements
Unless the context otherwise requires, references in this presentation to Edgewell, Personal Care, we, our, and the Company refer to
Edgewell Personal Care Company, a Missouri corporation, and its consolidated subsidiaries.
Forward-looking statements are not based on historical facts but instead reflect the Company's expectations, estimates or projections
concerning future results or events, including, without limitation, the future earnings and performance of the Company or any of its businesses.
These statements are not guarantees of performance and are inherently subject to known and unknown risks, uncertainties and assumptions
that are difficult to predict and could cause the Company's actual results to differ materially from those indicated by those statements. The
Company cannot assure you that any of its expectations, estimates or projections will be achieved. The forward-looking statements included in
this presentation are only made as of the date of this presentation and the Company disclaims any obligation to publicly update any forwardlooking statement to reflect subsequent events or circumstances. Numerous factors could cause the Company's actual results and events to
differ materially from those expressed or implied by forward-looking statements
In addition, other risks and uncertainties not presently known to the Company or that it considers immaterial could affect the accuracy of any
such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.
Additional risks and uncertainties include those detailed from time to time in the Company's publicly filed documents, including the Company's
annual report on Form 10-K for the year ended September 30, 2014 and its quarterly reports on Form 10-Q for the quarters ended December 31,
2014, March 30, 2015 and June 30, 2015.

Edgewell Personal Care

Attractive Categories
2015 Sales
by Segment

Strong Brands

7%

17%

60%
16%

Wet Shave

Feminine Care

Sun & Skin Care

Infant & Other

#2 market share position of total tampons and #2 or #3 in liners and

pads : US and Canada Nielsen 9/19/15
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Our Strategy For Growth

Our Strategic Value Drivers

Accelerate Top Line Growth

3
4
5

Systematic Cost Reduction

Substantial Free Cash Flow Generation

Disciplined Approach to Acquisitions

Leverage the Power of EPCs Colleagues

Will Position Us for Growth

Key Metric

Long-Term Goal

Sales*

2-3%

Operating Margin

50 Basis Point
Improvement/Year

Adjusted Diluted EPS

High Single Digit

Growth

Free Cash Flow

Conversion Rate**

100%+

* Excludes M&A and currency

** Free cash flow is defined as net cash provided by operating activities net of capital expenditures. Free cash flow conversion rate is defined as
Free cash Flow / Net Operating Profit After Tax

Edgewell Growth Strategies:

Accelerate Top Line Growth
Meaningful
Investment in
Growth
Brands

Drive
Innovation

Leverage Full
Portfolio

Continue
International
Expansion

2016 Will Position Us for Growth

2016 Priorities : A Transition Year.

Complete
Go-ToMarket
Realignment

Invest in Our
Brands

Solidify
North
America
Business

Align Teams
Around New
Structure &
Priorities

..But Innovation is Ongoing

3 of top 5 New Sun Care
Products in 2015

NEW and Improved Schick Hydro is designed like no other

razor to protect your skin from irritation

Schick Razor Lubrication Timeline

1979

Schick patents
the first razor
lubricating strip

2003
Schick introduces
Intuition with
erodible
lubricating solid

2010

2016

Schick launches
Schick
introduces Hydro redesigned Hydro, with
with its hydrating improved gel formula
and reservoir
gel reservoir

New Hydro is Proven to

Deliver a SUPERIOR Shave
Attribute
Overall Liking
Shaving Comfort
Safe from Nicks and Cuts
Razor Glide
Didnt Pull or Tug
Left No Stubble
Caused No Redness or Irritation
Lube Bar Allowed More Glide

9-shave average vs. Current Hydro

WIN!
WIN!
WIN!
WIN!
WIN!
WIN!
WIN!
WIN!
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Hydro Innovation Continues to Drive Growth

Hydro Franchise Retail Sales (US$ Millions)
$411
$375

$450
$400
$350

$338

$300

Disposables

$250

Women's

$200

Men's
$150
$100
$50
$12 month ended Aug. 2013
Source: AC Nielsen Global Track, 25 markets

12 month ended Aug. 2014

12 month ended Aug. 2015

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