Spectrum continues to deliver strong growth through product and geography expansion, and smart M&A 6 Consumer Products Record first quarter financial performance at Spectrum and continued execution of strategy: —14.1% reported revenue growth, despite ongoing F/X headwinds —17.8% increase in Adjusted EBITDA to $207.1 million —17.0% Adjusted EBITDA margin, up 50 basis points from 1Q15 — Integration of Armored AutoGroup progressing as expected, synergies being realized —36.2% gross profit margins, up 150 basis points from 1Q15 6.3% currency-consistent organic revenue growth —Broad-based, reflecting contributions from nearly all businesses —Record results in Home and Garden and Hardware and Home Improvement —Nearly 15% increase in Global battery sales on a currency-consistent basis FY 2016 reported sales expected to increase in high-single digit range, including acquisitions, and partially offset by negative F/X impacts, with free cash flow growing to between $505-$515 million Continue to expect 7th consecutive year of record financial performance in 2016
