SUMMARY & OUTLOOK

For the full year 2026, Hubbell anticipates total sales growth of 8-11% including organic sales growth of 6-9%. Hubbell expects 2026 GAAP diluted earnings per share in the range of $17.45 to $18.00 and adjusted diluted earnings per share ("Adjusted EPS") in the range of $19.30 to $19.85. For the full year, Adjusted EPS excludes amortization of acquisition-related intangible assets, which the Company expects to be approximately $1.70 per share, and transaction, integration, and separation costs, which the Company expects to be approximately $0.15 per share. The Company believes Adjusted EPS is a useful measure of underlying performance in light of our acquisition strategy.

The diluted earnings per share and Adjusted EPS ranges are based on an adjusted tax rate of approximately 22.5% and include $15-20 million of anticipated restructuring and related investment. The Company continues to expect full year 2026 free cash flow conversion of 90% or greater on adjusted net income.