Wesco remains ‘confident’ in long-term growth trajectory of EES

Says has not seen any slowdown in customer demand for CSS. Says Utility market continued to face headwinds from customer destocking and cautious spending. Says remains ‘highly confident’ in long-term growth potential of Utility business. Says remains ‘confident in ability’ to drive stronger cash generation in 2H. Says has no ‘significant’ debt maturities until 2028. Says continues to monitor overall demand amid tariffs and has not seen any ‘significant’ demand destruction in 1H. Says passing supplier increases through. Says continues to be ‘an evolving and dynamic’ situation. Sees EES FY25 reported sales growth up MSD. Sees CSS reported sales growth up LDD. Sees Utility & Broadband solutions reported sales growth down LSD to flat. Sees continued ‘strong topline growth’ in 2H25. Says demand for data centers has been ‘strong’. Says strategy for how company deploys cash flow ‘remains unchanged’. Says top priority is to invest organically in the business. Says in the near-term, expects to prioritize de-levering the balance sheet.