Accelerating Extreme Power Tool Innovation
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Accelerating Extreme Stanley Black & Decker 2021 Growth Summit Power Tool Innovation May 13, 2021 Frank Mannarino | President, Power Tools Group Macro Trends Market DIY End Users Pro End Users Household Formations New Projects Residential — Strong Demand 2.5% 1.6% 1.0% 19YR 3YR 1YR CAGR CAGR Growth New Home Sales Repair & Remodel New Hobbies Commercial — Continued Rebound +7% +4% 2020 2021 2020 2021 Strong, Positive Signs Across Markets And End Users 2021 Growth Summit 2 Arsenal Of Brands Advanced DIYer DIYer Pro & Value Pro Best Portfolio Of Brands In The Industry 2021 Growth Summit 3 World Revolves Around The End User 2021 Growth Summit 4 Cordless System Growth Broad Range Of New Applications Acceleration Of End Users For New Trends Cordless Leadership Home Hobby Advanced DIYer & Lifestyle Sanders Miter Saws GeneralContractor/ Home Remodeler Remodeling Compressors Nailers Home Mechanic Garage Impact Wrenches Ratchets 2021 Growth Summit 5 Cordless System 30 85 Coming Tools Tools Soon Fastest Growing Brand In The Industry… $1B+ In Power Tools 2021 Growth Summit 6 Leverage Our Global Footprint… Accelerated Cordless Growth By 42% Since 2016 2021 Growth Summit 7 LARGEST PRO TOOL BRAND IN THE WORLD 2021 Growth Summit PRO End Users They Want Cordless Brings New Frustrations No Cords Not Enough Power No Hoses Time Wasted Charging No Gas Too Much Theft New Frustrations Driving Innovation… $8B+ Of Growth Opportunities 2021 Growth Summit 9 Investments In Technology Electrical Charging Digital Motors & Electronics Faster Speed Asset Tracking Battery Cells Multiple Batteries Most Comprehensive Loss Most Power Dense Cordless Broadest Range Of Charging Prevention Solutions Solutions In The Industry Solutions In The Industry In The Industry 2021 Growth Summit 10 Applying Technology Across Our Cordless Platform Smaller Smarter Stronger Body Grip Tools 20V Core Tools 20V Expansion Tools High Power Tools POWER 2021 Growth Summit 11 Growth Catalysts +87% +21% +21% Approaching $1B Of Annualized Revenue 2021 Growth Summit 12 Wave Of Innovation 2011 125+ New Products Power Of Cordless Freedom With The Largest PRO Tool Brand In The World 2021 Growth Summit 13 Inspired By Our End User Obsession Cordless Alligator 2016 Cordless Wall Chaser 2019 12” Slide Cordless 7-1/4” Miter Saw Cordless Slide Miter Gas Free 1997 Compressor 2015 Fencing Stapler 2017 Gas Free 2019 12” Miter 18V Vacuum Cordless 12” Slide Cordless 2 Handed Roofing Nailer Saw 1992 2003 Miter Saw Cordless OSHA Hammer Electricians Stapler Band Saw 2020 2016 2017 2018 2019 World’s First Line Up… Driving $1B+ 18V Cut Off Saw 2004 20V/60V Multi Cordless TEK Gun 9 Amp Hour 12 Amp Hour Voltage Battery 2016 Battery Battery 18V 2016 2018 2019 Cordless Drill 1996 Cordless 15 Amp Hour Gas Free Table Saw Cordless 2” SDS MAX Battery Rotary Hammer 2021 Radio Charger Framing Nailer 2016 Portable Power Cordless Wire Stripper 2019 1999 2013 Station 2016 2017 2021 Growth Summit 14 Industry Leading Battery Technology 20V/60V 9 Amp Hour 12 Amp Hour NEW 15 Amp Hour Battery Battery Battery Battery 2016 2018 2019 2021 Set The Standard For Power & Runtime 2021 Growth Summit 15 Formula For Extreme Power Tool Innovation End User Obsession Strongest Brands Strategic Investments Motors & Electronics Battery Cells + + Charging = Solutions Digital Solutions Driving 35% New Driven By Adding 50% Product Vitality Strongest Team More Engineers 2021 Growth Summit 16 THANK YOU.