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| PRESS RELEASE |  |  |

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|                                                           |                                              |   |           |               |           |  |               |   |                   |          |   |         |               |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------|----------------------------------------------|---|-----------|---------------|-----------|--|---------------|---|-------------------|----------|---|---------|---------------|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                           | Three months ended Mar. 31, 2024             |
|                                                           | Percentage change versus the year-ago period |
|                                                           | Health and Wellness                          |   | Household |               | Lifestyle |  | International |   | Total Company (1) |
| Net sales growth / (decrease) (GAAP)                  | (6)                                          | % |           | (4)           | %         |  | (11)          | % |                   | 2   | % |         | (5)           | % |
| Add: Foreign exchange                                 | —                                 |   |           | —  |           |  | —  |   |                   | 44  |   |         | 7        |   |
| Add/(Subtract): Divestitures/acquisitions (2) | —                                 |   |           | —  |           |  | —  |   |                   | 2   |   |         | —  |   |
| Organic sales growth / (decrease) (non-GAAP)          | (6)                                          | % |           | (4)           | %         |  | (11)          | % |                   | 48%      |   | 2  | %             |
|                                                           |                                              |   |           |               |           |  |               |   |                   |
|                                                           | Nine months ended Mar. 31, 2024              |
|                                                           | Percentage change versus the year-ago period |
|                                                           | Health and Wellness                          |   | Household |               | Lifestyle |  | International |   | Total Company (1) |
| Net sales growth / (decrease) (GAAP)                  | (3)                                          | % |           | (6)           | %         |  | (6)           | % |                   | 2   | % |         | (3)           | % |
| Add: Foreign Exchange                                 | —                                 |   |           | —  |           |  | —  |   |                   | 27  |   |         | 4        |   |
| Add/(Subtract): Divestitures/acquisitions (2) | —                                 |   |           | —  |           |  | —  |   |                   | 1   |   |         | —  |   |
| Organic sales growth / (decrease) (non-GAAP)          | (3)                                          | % |           | (6)           | %         |  | (6)           | % |                   | 30  | % |         | 1        | % |

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|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |  |               |   |  |               |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|-------------------------------------|-------------------------------------|--------------------|--------------------|----------|------------|-------------------|-------------------|-------------------|-------------------|--|---------------|---|--|---------------|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Adjusted Diluted Earnings (Losses) Per Share (EPS) and Adjusted Effective Tax Rate (ETR) |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |
| (Dollars in millions except per share data)                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |  |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     | Diluted earnings (losses) per share |                    | Effective tax rate |          |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     | Three months ended                  |                    | Three months ended |          |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     | 3/31/2024                   |                    | 3/31/2023  |          | % Change   |                   | 3/31/2024 |                   | 3/31/2023 |  |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |  |
|                                                                                          | As reported (GAAP)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  | $                                   | (0.41)                              |                    |                    | $        | (1.71)     |                   |                   | 76           | %                 |  | (18.6)        | % |  | 14.7     | % |  |
|                                                                                          | Loss on divestiture (1)(2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |  | 1.85                           |                                     |                    | —       |          |            |                   |                   | 26.8         | %                 |  | —  |   |  |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |
|                                                                                          | Cyberattack costs (4)                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  | 0.05                           |                                     |                    | —       |          |            |                   |                   | 0.5          | %                 |  | —  |   |  |
|                                                                                          | VMS impairment (5)(6)                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  | —                        |                                     |                    | 2.92          |          |            |                   |                   | —      | %                 |  | 9.1      | % |  |
|                                                                                          | Streamlined operating model (7)                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  | 0.06                           |                                     |                    | 0.13          |          |            |                   |                   | 0.6          | %                 |  | —  |   |  |
|                                                                                          | Digital capabilities and productivity enhancements investment (8)                                                                                                                                                                                                                                                                                                                                                                                                                                  |  | 0.16                           |                                     |                    | 0.17          |          |            |                   |                   | 1.8          | %                 |  | —  |   |  |
|                                                                                          | As adjusted (Non-GAAP)                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  | $                                   | 1.71                           |                    |                    | $        | 1.51  |                   |                   | 13           | %                 |  | 11.1     | % |  | 23.8     | % |  |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  | Diluted earnings (losses) per share |                                     | Effective tax rate |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  | Nine months ended                   |                                     | Nine months ended  |                    |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  | 3/31/2024                   |                                     | 3/31/2023  |                    | % Change |            | 3/31/2024 |                   | 3/31/2023 |                   |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |
|                                                                                          | As reported (GAAP)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  | $                                   | 0.52                           |                    |                    | $        | (0.22)     |                   |                   | 336          | %                 |  | 41.9     | % |  | 1,813.5  | % |  |
|                                                                                          | Loss on divestiture (1)(2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |  | 1.85                           |                                     |                    | —       |          |            |                   |                   | (25.3)            | %                 |  | —  |   |  |
|                                                                                          | Pension settlement charge (3)                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |  | 1.04                           |                                     |                    | —       |          |            |                   |                   | 1.3          | %                 |  | —  |   |  |
|                                                                                          | Cyberattack costs (4)                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  | 0.35                           |                                     |                    | —       |          |            |                   |                   | 0.6          | %                 |  | —  |   |  |
|                                                                                          | VMS impairment (5)(6)                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  | —                        |                                     |                    | 2.92          |          |            |                   |                   | —      |                   |  | (1,790.2)     | % |  |
|                                                                                          | Streamlined operating model (7)                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  | 0.08                           |                                     |                    | 0.27          |          |            |                   |                   | 0.2          | %                 |  | —  |   |  |
|                                                                                          | Digital capabilities and productivity enhancements investment (8)                                                                                                                                                                                                                                                                                                                                                                                                                                  |  | 0.52                           |                                     |                    | 0.45          |          |            |                   |                   | 1.4          | %                 |  | 0.1      | % |  |
|                                                                                          | As adjusted (Non-GAAP)                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  | $                                   | 4.36                           |                    |                    | $        | 3.42  |                   |                   | 27           | %                 |  | 20.1     | % |  | 23.4     | % |  |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |
|                                                                                          | (1)During the three and nine months ended Mar. 31, 2024, the company incurred approximately $240 ($231 after tax) of costs related to the divestiture of the Argentina business.                                                                                                                                                                                                                                                                                                                   |  |
|                                                                                          | (2)Includes the dilution impact of the difference between the diluted weighted-average shares used in calculating the diluted (losses) per share, as reported to the diluted weighted-average shares used in calculating the non-GAAP diluted earnings per share, as adjusted (124,892 shares).                                                                                                                                                                                                    |  |
|                                                                                          | (3)During the nine months ended Mar. 31, 2024, the company incurred approximately $171 ($130 after tax) of costs related to the settlement of the domestic qualified pension plan.                                                                                                                                                                                                                                                                                                                 |  |
|                                                                                          | (4)During the three and nine months ended Mar. 31, 2024, the company incurred approximately $8 ($6 after tax) and $57 ($43 after tax), respectively, of costs related to the cyberattack. These costs relate primarily to third-party consulting services, including IT recovery and forensic experts and other professional services incurred to investigate and remediate the attack, as well as incremental operating costs from the resulting disruption to the company's business operations. |  |
|                                                                                          | (5)During the three and nine months ended March 31, 2023, a noncash impairment charge for goodwill and trademarks was recorded for $445 ($362 after tax) related to the VMS business.                                                                                                                                                                                                                                                                                                              |  |
|                                                                                          | (6)Includes the dilution impact of the difference between the diluted weighted-average shares used in calculating the diluted (losses) per share, as reported to the diluted weighted-average shares used in calculating the non-GAAP diluted earnings per share, as adjusted (124,183 shares and 124,027 shares, respectively).                                                                                                                                                                   |  |
|                                                                                          | (7)During the three and nine months ended Mar. 31, 2024, the company incurred $10 ($7 after tax) and $13 ($10 after tax), respectively, and during the three and nine months ended Mar. 31, 2023, the company incurred approximately $21 ($17 after tax) and $44 ($34 after tax), respectively, of restructuring and related costs, net related to implementation of the streamlined operating model.                                                                                              |  |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |  |
|                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |                                     |                                     |                    |                    |          |            |                   |                   |                   |                   |  |

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|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |  |  |   |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|------------------------------------------|----------|--------------------|---------|-------------------|----------|-------------------|-----|---|----------|--|--|---|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  | (8)During the three and nine months ended Mar. 31, 2024, the company incurred approximately $26 ($20 after tax) and $85 ($64 after tax), respectively, and during the three and nine months ended Mar, 31, 2023, the company incurred approximately $28 ($20 after tax) and $73 ($55 after tax), respectively, of operating expenses related to its digital capabilities and productivity enhancements investment. The expenses relate to the following: |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            | Three months ended                       |          | Nine months ended  |         |                   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            | 3/31/2024                        |          | 3/31/2023  |         | 3/31/2024 |          | 3/31/2023 |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              | External consulting fees (a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |            | $                                        | 19  |                    |         | $                 | 22  |                   |     | $ | 65  |  |  | $ | 58  |  |  |  |  |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              | IT project personnel costs (b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |            | 2                                   |          |                    | 2  |                   |          | 6            |     |   | 4   |  |  |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Other (c)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |            | 5                                   |          |                    | 4  |                   |          | 14           |     |   | 11  |  |  |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |            | $                                        | 26  |                    |         | $                 | 28  |                   |     | $ | 85  |  |  | $ | 73  |  |  |  |  |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              | (a)Comprised of third-party consulting fees incurred to assist in the project management and end-to-end systems integrationof this transformative investment. The company relies on consultants for certain capabilities required for these programs that the company does not maintain internally. These costs support the implementation of these programs incremental to the company's normal IT costs and will not be incurred following implementation.                                                                         |            |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              | (b)Comprised of labor costs associated with internal IT project management teams that are utilized to oversee the new system implementations. Given the magnitude and transformative nature of the implementations planned, the necessary project management costs are incremental to the historical levels of spend and will no longer be incurred subsequent to implementation. As a result of this long-term strategic investment, the company considers these costs not reflective of the ongoing costs to operate its business. |            |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              | (c)Comprised of various other expenses associated with the company’s new system implementations, including company personnel dedicated to the project that have been backfilled with either permanent or temporary resources in positions that are considered part of normal operating expenses.                                                                                                                                                                                                                               |            |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            | Full year 2024 outlook (estimated range) |          |                    |         |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            | Diluted earnings per share               |          | Effective Tax Rate |         |                   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            | Low                                      |          | High               |         | Midpoint          |          |                   |     |
|  | As estimated (GAAP)                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | $          | 1.66                                |          |                    | $       | 1.81         |          |                   | 31% |   |          |  |
|  | Loss on divestiture                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 1.85  |                                          |          | 1.85          |         |                   | (12)%    |                   |     |   |
|  | Pension settlement charge                                                                                                                                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 1.04  |                                          |          | 1.04          |         |                   | 1%       |                   |     |   |
|  | Cyberattack costs (9)                                                                                                                                                                                                                                                                                                                                                                                                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 0.35  |                                          |          | 0.35          |         |                   | —  |                   |     |   |
|  | Streamlined operating model (10)                                                                                                                                                                                                                                                                                                                                                                                                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 0.20  |                                          |          | 0.20          |         |                   | —  |                   |     |   |
|  | Digital capabilities and productivity enhancements investment (11)                                                                                                                                                                                                                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 0.70  |                                          |          | 0.70          |         |                   | 1%       |                   |     |   |
|  | As adjusted (Non-GAAP)                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | $          | 5.80                                |          |                    | $       | 5.95         |          |                   | 21% |   |          |  |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |            |                                          |          |                    |         |                   |          |                   |     |   |          |
|  |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|  | (9)In FY24, the company expects to incur approximately $57-$65 ($43-$49 after tax) of costs related to the cyberattack. These costs relate primarily to third-party consulting services, including IT recovery and forensic experts and other professional services incurred to investigate and remediate the attack, as well as incremental operating costs from the resulting disruption to the company's business operations.                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|  | (10)In FY24, the company expects to incur approximately $30-$40 ($23-$30 after tax) of restructuring and related costs, net related to implementation of the streamlined operating model.                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|  | (11)In FY24, the company expects to incur approximately $110-$130 ($84-$99 after tax) of operating expenses related to its digital capabilities and productivity enhancements investment.                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |

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|                                                               |                                                                          |           |                   |               |                   |           |                   |  |   |               |  |  |   |           |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------|--------------------------------------------------------------------------|-----------|-------------------|---------------|-------------------|-----------|-------------------|--|---|---------------|--|--|---|-----------|--|--|--|--|--|--|--|--|--|
|                                                               | Reconciliation of earnings (losses) before income taxes to adjusted EBIT |
|                                                               | Three months ended                                                       |           | Nine months ended |
|                                                               | 3/31/2024                                                        |           | 3/31/2023 |               | 3/31/2024 |           | 3/31/2023 |
| Earnings (losses) before income taxes                         | $                                                                        | (42)      |                   |               | $                 | (245)     |                   |  | $ | 123      |  |  | $ | 1    |  |
| Interest income                                               | (4)                                                                      |           |                   | (4)           |                   |           | (21)              |  |   | (9)           |  |
| Interest expense                                              | 22                                                                  |           |                   | 24       |                   |           | 69           |  |   | 69       |  |
| Loss on divestiture                                           | 240                                                                 |           |                   | —  |                   |           | 240          |  |   | —  |  |
| Pension settlement charge                                     | —                                                             |           |                   | —  |                   |           | 171          |  |   | —  |  |
| Cyberattack costs                                             | 8                                                                   |           |                   | —  |                   |           | 57           |  |   | —  |  |
| VMS impairment                                                | —                                                             |           |                   | 445      |                   |           | —      |  |   | 445      |  |
| Streamlined operating model                                   | 10                                                                  |           |                   | 21       |                   |           | 13           |  |   | 44       |  |
| Digital capabilities and productivity enhancements investment | 26                                                                  |           |                   | 28       |                   |           | 85           |  |   | 73       |  |
| Adjusted EBIT                                                 | $                                                                        | 260  |                   |               | $                 | 269  |                   |  | $ | 737      |  |  | $ | 623  |  |
|                                                               |                                                                          |           |                   |               |                   |           |                   |

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|-----------------------------------------------------------------|---------------|---------------|--------------------|-----------|--------------------|---------------|-------------------|---------------|-------------------|-----------|---------------|---------------|--|---|-------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Condensed Consolidated Statements of Earnings (Unaudited)       |               |               |                    |           |                    |               |                   |
| Dollars in millions, except per share data                      |               |               |                    |           |                    |               |                   |               |
|                                                                 |               |               | Three months ended |           | Nine months ended  |               |
|                                                                 |               |               | 03/31/2024 |           | 03/31/2023 |               | 3/31/2024 |               | 3/31/2023 |           |
| Net sales                                                       |               | $             | 1,814         |           |                    | $             | 1,915        |               |                   | $         | 5,190    |               |  | $ | 5,370  |  |  |
| Cost of products sold                                           |               | 1,048    |                    |           | 1,115         |               |                   | 3,026    |                   |           | 3,324    |               |  |
| Gross profit                                                    |               | 766      |                    |           | 800           |               |                   | 2,164    |                   |           | 2,046    |               |  |
| Selling and administrative expenses                             |               | 301      |                    |           | 311           |               |                   | 899      |                   |           | 854      |               |  |
| Advertising costs                                               |               | 215      |                    |           | 206           |               |                   | 566      |                   |           | 523      |               |  |
| Research and development costs                                  |               | 32       |                    |           | 35            |               |                   | 93       |                   |           | 100      |               |  |
| Loss on divestiture                                             |               |               | 240           |           |                    | —  |                   |               | 240          |           |               | —  |  |   |
| Pension settlement charge                                       |               | —  |                    |           | —       |               |                   | 171      |                   |           | —  |               |  |
| Goodwill, trademark and other intangible asset impairments      | —  |               |                    | 445  |                    |               | —      |               |                   | 445  |               |               |
| Interest expense                                                |               | 22       |                    |           | 24            |               |                   | 69       |                   |           | 69       |               |  |
| Other (income) expense, net                                     |               | (2)           |                    |           | 24            |               |                   | 3        |                   |           | 54       |               |  |
| Earnings (losses) before income taxes                           |               | (42)          |                    |           | (245)              |               |                   | 123      |                   |           | 1        |               |  |
| Income tax expense (benefit)                                    |               | 8        |                    |           | (36)               |               |                   | 52       |                   |           | 21       |               |  |
| Net earnings (losses)                                           | (50)          |               |                    | (209)     |                    |               | 71           |               |                   | (20)      |               |               |
| Less: Net earnings attributable to noncontrolling interests | 1        |               |                    | 2    |                    |               | 7            |               |                   | 7    |               |               |
| Net earnings (losses) attributable to Clorox                    |               | $             | (51)               |           |                    | $             | (211)             |               |                   | $         | 64       |               |  | $ | (27)        |  |  |
|                                                                 |               |               |                    |           |                    |               |                   |               |                   |
| Net earnings (losses) per share attributable to Clorox          |               |               |                    |           |                    |               |                   |               |
| Basic net earnings (losses) per share                           |               | $             | (0.41)             |           |                    | $             | (1.71)            |               |                   | $         | 0.52     |               |  | $ | (0.22)      |  |  |
| Diluted net earnings (losses) per share                         |               | $             | (0.41)             |           |                    | $             | (1.71)            |               |                   | $         | 0.52     |               |  | $ | (0.22)      |  |  |
|                                                                 |               |               |                    |           |                    |               |                   |               |                   |
| Weighted average shares outstanding (in thousands)              |               |               |                    |           |                    |               |                   |               |
| Basic                                                           |               | 124,249  |                    |           | 123,649       |               |                   | 124,133  |                   |           | 123,512  |               |  |
| Diluted                                                         |               | 124,249  |                    |           | 123,649       |               |                   | 124,721  |                   |           | 123,512  |               |  |

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|                                                                                                                                                                                                                                                                                                                                      |                       |             |                       |               |             |             |                   |  |                   |             |             |               |             |  |   |             |             |  |          |              |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------|-------------|-----------------------|---------------|-------------|-------------|-------------------|--|-------------------|-------------|-------------|---------------|-------------|--|---|-------------|-------------|--|----------|--------------|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Reportable Segment Information                                                                                                                                                                                                                                                                                                       |                       |             |                       |               |             |             |                   |  |
| (Unaudited)                                                                                                                                                                                                                                                                                                                          |                       |             |                       |               |             |             |                   |  |                   |             |             |
| Dollars in millions                                                                                                                                                                                                                                                                                                                  |                       |             |                       |               |             |             |                   |  |                   |             |             |
|                                                                                                                                                                                                                                                                                                                                      |                       |             |                       |               |             |             |                   |  |                   |             |             |
|                                                                                                                                                                                                                                                                                                                                      | Net sales             |             | Net sales             |
|                                                                                                                                                                                                                                                                                                                                      | Three months ended    |             | Nine months ended     |
|                                                                                                                                                                                                                                                                                                                                      | 3/31/2024     |             | 3/31/2023     |               | % Change(1) |             | 3/31/2024 |  | 3/31/2023 |             | % Change(1) |
| Health and Wellness                                                                                                                                                                                                                                                                                                                  | $                     | 609    |                       |               | $           | 647    |                   |  | (6)               | %           |             | $             | 1,833  |  |   | $           | 1,881  |  |          | (3)          | % |
| Household                                                                                                                                                                                                                                                                                                                            | 526              |             |                       | 550      |             |             | (4)               |  |                   | 1,353  |             |               | 1,435  |  |   | (6)         |             |
| Lifestyle                                                                                                                                                                                                                                                                                                                            | 315              |             |                       | 353      |             |             | (11)              |  |                   | 947    |             |               | 1,005  |  |   | (6)         |             |
| International                                                                                                                                                                                                                                                                                                                        | 310              |             |                       | 305      |             |             | 2            |  |                   | 891    |             |               | 876    |  |   | 2      |             |
| Corporate and Other (2)                                                                                                                                                                                                                                                                                                              | 54               |             |                       | 60       |             |             | (10)              |  |                   | 166    |             |               | 173    |  |   | (4)         |             |
| Total                                                                                                                                                                                                                                                                                                                                | $                     | 1,814  |                       |               | $           | 1,915  |                   |  | (5)               | %           |             | 5,190    |             |  | $ | 5,370  |             |  | (3)      | %            |
|                                                                                                                                                                                                                                                                                                                                      |                       |             |                       |               |             |             |                   |  |                   |             |             |
|                                                                                                                                                                                                                                                                                                                                      | Segment adjusted EBIT |             | Segment adjusted EBIT |
|                                                                                                                                                                                                                                                                                                                                      | Three months ended    |             | Nine months ended     |
|                                                                                                                                                                                                                                                                                                                                      | 3/31/2024     |             | 3/31/2023     |               | % Change(1) |             | 3/31/2024 |  | 3/31/2023 |             | % Change(1) |
| Health and Wellness                                                                                                                                                                                                                                                                                                                  | $                     | 154    |                       |               | $           | 161    |                   |  | (4)               | %           |             | $             | 517    |  |   | $           | 418    |  |          | 24      | % |
| Household                                                                                                                                                                                                                                                                                                                            | 74               |             |                       | 99       |             |             | (25)              |  |                   | 162    |             |               | 165    |  |   | (2)         |             |
| Lifestyle                                                                                                                                                                                                                                                                                                                            | 64               |             |                       | 83       |             |             | (23)              |  |                   | 192    |             |               | 217    |  |   | (12)        |             |
| International                                                                                                                                                                                                                                                                                                                        | 38               |             |                       | 27       |             |             | 41           |  |                   | 104    |             |               | 74     |  |   | 41     |             |
| Corporate and Other (2)                                                                                                                                                                                                                                                                                                              | (70)                  |             |                       | (101)         |             |             | 31           |  |                   | (238)       |             |               | (251)       |  |   | 5      |             |
| Total                                                                                                                                                                                                                                                                                                                                | $                     | 260    |                       |               | $           | 269    |                   |  | (3)               | %           |             | 737      |             |  | $ | 623    |             |  | 18  | %            |
| Interest income                                                                                                                                                                                                                                                                                                                      | 4                |             |                       | 4        |             |             |                   |  | 21           |             |             | 9        |             |  |   |
| Interest expense                                                                                                                                                                                                                                                                                                                     | (22)                  |             |                       | (24)          |             |             |                   |  | (69)              |             |             | (69)          |             |  |   |
| Loss on divestiture (3)                                                                                                                                                                                                                                                                                                              | (240)                 |             |                       | —  |             |             |                   |  | (240)             |             |             | —  |             |  |   |
| Pension settlement (4)                                                                                                                                                                                                                                                                                                               | —          |             |                       | —  |             |             |                   |  | (171)             |             |             | —  |             |  |   |
| Cyberattack costs (5)                                                                                                                                                                                                                                                                                                                | (8)                   |             |                       | —  |             |             |                   |  | (57)              |             |             | —  |             |  |   |
| VMS impairment (6)                                                                                                                                                                                                                                                                                                                   | —          |             |                       | (445)         |             |             |                   |  | —      |             |             | (445)         |             |  |   |
| Streamlined operating model (7)                                                                                                                                                                                                                                                                                                      | (10)                  |             |                       | (21)          |             |             |                   |  | (13)              |             |             | (44)          |             |  |   |
| Digital capabilities and productivity enhancements investment (8)                                                                                                                                                                                                                                                                    | (26)                  |             |                       | (28)          |             |             |                   |  | (85)              |             |             | (73)          |             |  |   |
| Earnings (losses) before income taxes                                                                                                                                                                                                                                                                                                | $                     | (42)        |                       |               | $           | (245)       |                   |  | (83)              | %           |             | $             | 123    |  |   | $           | 1      |  |          | 12,200  | % |
|                                                                                                                                                                                                                                                                                                                                      |                       |             |                       |               |             |             |                   |  |                   |             |             |
| (1)     Percentages based on rounded numbers.                                                                                                                                                                                                                                                                                        |
| (2)    Corporate and Other includes the Vitamin, Minerals and Supplements business.                                                                                                                                                                                                                                                  |
| (3)     Represents the loss on divestiture of Argentina operations of $240 ($231 after tax) for the three and nine months ended Mar. 31, 2024.                                                                                                                                                                                       |
| (4)     Represents the pension settlement charge of $171 ($130 after tax) for the nine months ended Mar. 31, 2024.                                                                                                                                                                                                                   |
| (5)   Represents costs related to the cyberattack of $8 ($6 after tax) and $57 ($43 after tax) for the three and nine months ended Mar. 31, 2024, respectively.                                                                                                                                                                 |
| (6)     Represents a $445 ($362 after tax) noncash impairment charge related to the VMS business for the three and nine months ended March 31, 2023.                                                                                                                                                                                 |
| (7)    Represents restructuring and related costs, net for implementation of the streamlined operating model of $10 ($7 after tax) and $13 ($10 after tax) for the three and nine months ended Mar. 31, 2024, and $21 ($17 after tax) and $44 ($34 after tax) for the three and nine months ended Mar. 31, 2023, respectively.       |
| (8)    Represents expenses related to the company's digital capabilities and productivity enhancements investment of $26 ($20 after tax) and $85 ($64 after tax) for the three and nine months ended Mar. 31, 2024, and $28 ($20 after tax) and $73 ($55 after tax) for the three and nine months ended Mar. 31, 2023, respectively. |

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|                                                   |                                           |                                         |               |                   |             |                   |               |                   |             |   |               |             |             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------|-------------------------------------------|-----------------------------------------|---------------|-------------------|-------------|-------------------|---------------|-------------------|-------------|---|---------------|-------------|-------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Condensed Consolidated Balance Sheets             |                                           |                                         |               |                   |             |                   |               |
| Dollars in millions                               |                                           |                                         |               |                   |             |                   |               |                   |             |
|                                                   |                                           |                                         |               | 3/31/2024 |             | 6/30/2023 |               | 3/31/2023 |
|                                                   |                                           |                                         |               | (Unaudited)       |             |                   |               |                   | (Unaudited) |
| ASSETS                                            |                                           |                                         |               |                   |             |                   |               |                   |             |
| Current assets                                    |                                           |                                         |               |                   |             |                   |               |                   |             |
|                                                   | Cash and cash equivalents                 |                                         | $             | 219          |             |                   | $             | 367          |             |   | $             | 242    |             |
|                                                   | Receivables, net                          |                                         |               | 673          |             |                   |               | 688          |             |   |               | 678    |             |
|                                                   | Inventories, net                          |                                         |               | 674          |             |                   |               | 696          |             |   |               | 735    |             |
|                                                   | Prepaid expenses and other current assets |                                         |               | 95           |             |                   |               | 77           |             |   |               | 90     |             |
|                                                   |                                           | Total current assets                    |               |                   | 1,661  |                   |               |                   | 1,828  |   |               |             | 1,745  |  |
| Property, plant and equipment, net                |                                           |                                         | 1,292    |                   |             |                   | 1,345    |                   |             |   | 1,315    |             |
| Operating lease right-of-use assets               |                                           |                                         | 379      |                   |             |                   | 346      |                   |             |   | 359      |             |
| Goodwill                                          |                                           |                                         | 1,229    |                   |             |                   | 1,252    |                   |             |   | 1,250    |             |
| Trademarks, net                                   |                                           |                                         | 539      |                   |             |                   | 543      |                   |             |   | 546      |             |
| Other intangible assets, net                      |                                           |                                         | 149      |                   |             |                   | 169      |                   |             |   | 176      |             |
| Other assets                                      |                                           |                                         | 556      |                   |             |                   | 462      |                   |             |   | 427      |             |
| Total assets                                      |                                           | $                                       | 5,805    |                   |             | $                 | 5,945    |                   |             | $ | 5,818    |             |
|                                                   |                                           |                                         |               |                   |             |                   |               |                   |             |   |               |
| LIABILITIES AND STOCKHOLDERS’ EQUITY        |                                           |                                         |               |                   |             |                   |               |                   |             |
| Current liabilities                               |                                           |                                         |               |                   |             |                   |               |                   |             |
|                                                   | Notes and loans payable                   |                                         | $             | 111          |             |                   | $             | 50           |             |   | $             | 138    |             |
|                                                   |                                           |                                         |               |                   |             |                   |               |                   |             |   |
|                                                   | Current operating lease liabilities       |                                         |               | 82           |             |                   |               | 87           |             |   |               | 88     |             |
|                                                   | Accounts payable and accrued liabilities  |                                         |               | 1,653        |             |                   |               | 1,659        |             |   |               | 1,722  |             |
|                                                   | Income Taxes Payable                      |                                         |               | —      |             |                   |               | 121          |             |   |               | 48     |             |
|                                                   |                                           | Total current liabilities               |               |                   | 1,846  |                   |               |                   | 1,917  |   |               |             | 1,996  |  |
| Long-term debt                                    |                                           |                                         | 2,480    |                   |             |                   | 2,477    |                   |             |   | 2,476    |             |
| Long-term operating lease liabilities             |                                           |                                         | 347      |                   |             |                   | 310      |                   |             |   | 323      |             |
| Other liabilities                                 |                                           |                                         | 853      |                   |             |                   | 825      |                   |             |   | 824      |             |
| Deferred income taxes                             |                                           |                                         | 24       |                   |             |                   | 28       |                   |             |   | 27       |             |
|                                                   |                                           | Total liabilities                       |               |                   | 5,550  |                   |               |                   | 5,557  |   |               |             | 5,646  |  |
| Commitments and contingencies                     |                                           |                                         |               |                   |             |                   |               |                   |             |
| Stockholders’ equity                        |                                           |                                         |               |                   |             |                   |               |                   |             |
| Preferred stock                                   |                                           |                                         | —  |                   |             |                   | —  |                   |             |   | —  |             |
| Common stock                                      |                                           |                                         | 131      |                   |             |                   | 131      |                   |             |   | 131      |             |
| Additional paid-in capital                        |                                           |                                         | 1,270    |                   |             |                   | 1,245    |                   |             |   | 1,232    |             |
| Retained earnings                                 |                                           |                                         | 34       |                   |             |                   | 583      |                   |             |   | 415      |             |
| Treasury stock                                    |                                           |                                         | (1,189)       |                   |             |                   | (1,246)       |                   |             |   | (1,277)       |             |
| Accumulated other comprehensive net (loss) income |                                           |                                         | (155)         |                   |             |                   | (493)         |                   |             |   | (498)         |             |
|                                                   |                                           | Total Clorox stockholders’ equity |               |                   | 91     |                   |               |                   | 220    |   |               |             | 3      |  |
| Noncontrolling interests                          |                                           |                                         | 164      |                   |             |                   | 168      |                   |             |   | 169      |             |
| Total stockholders’ equity                  |                                           |                                         | 255      |                   |             |                   | 388      |                   |             |   | 172      |             |
| Total liabilities and stockholders’ equity  |                                           | $                                       | 5,805    |                   |             | $                 | 5,945    |                   |             | $ | 5,818    |             |

16