Estee Lauder Companies Inc

100+%

Adjusted Diluted Net Earnings Per Common Share, Non-GAAP 1,2 2.51 1.51

• As Reported and Adjusted Gross margin expanded 150 basis points, to 75.5%, reflecting net benefits from the Company’s Profit Recovery and Growth Plan (“PRGP”) and, to a lesser extent, sales leverage, partially offset by inflation and the impact of incremental tariffs, net of refunds received. The PRGP benefits were driven by operational efficiencies, including a more competitive approach to procurement and expense optimization, as well as lower excess and obsolescence. See page 3 for more information relating to tariff refunds received.

1 See pages 21 through 23 for the reconciliation between GAAP and Adjusted Non-GAAP measures.

2 Adjusted Non-GAAP measures are calculated based on Net Sales adjusted only for Returns associated with restructuring and other activities.

Asia/Pacific - Other intangible asset impairments

Adjusted Operating Income - Non-GAAP 1 Percentages are calculated on an individual basis.

◦ The growth in The Americas was primarily driven by North America’s return to growth, benefitting from key campaigns—including DECIEM’s Abnormal Birthday Party in April 2026—and the timing of shipments for key shopping moments as well as increased consumer-facing investments to drive sales growth. The growth also includes a one-time benefit of $18 million related to the reversal of liabilities associated with unused gift cards, partially offset by the impact of closures of certain specialty-multi retailer-operated shop-in-shop doors.

◦ Disruptions to the Company’s business from the conflict in the Middle East had an unfavorable impact to its fiscal 2026 fourth quarter consolidated and EUKEM sales growth of 1% and 2%, respectively.

• During the three months ended June 30, 2026, the Company recorded restructuring and other charges that resulted in an unfavorable impact of $306 million ($258 million net of tax), equal to $.71 per diluted share. The disruptions to the Company’s business from the

Page 13 of 25 conflict in the Middle East had a dilutive impact to fiscal 2026 fourth quarter diluted net loss per common share of $.08. The prior-year period results include restructuring and other charges and other intangible asset impairment charges that, combined, resulted in an unfavorable impact of $527 million ($408 million net of tax), equal to $1.12 per diluted share. In addition, the Company recorded a U.S. deferred tax asset valuation allowance adjustment in the prior-year period of $172 million, equal to $.48 per diluted share.

• Excluding restructuring and other charges and adjustments referred to in the previous bullet, adjusted diluted net earnings per common share for the three months ended June 30, 2026 was $.39, an increase from $.09 in the prior-year period. Adjusted diluted net earnings per common share was $.39 in constant currency. The disruptions to the Company’s business from the conflict in the Middle East had a dilutive impact to fiscal 2026 fourth quarter adjusted diluted net earnings per common share of $.05 which was more than offset by the benefit from tariff refunds received of $.07.

OUTLOOK FOR FISCAL 2027 FULL YEAR

Reconciliation between GAAP and Non-GAAP - Net Sales Growth (Unaudited)

Restructuring and other charges .50 - .58 1.83

Securities class action litigation settlements .18

Impact of foreign currency translation (.04)

Forecasted/Adjusted Constant Currency EPS - Non-GAAP $3.06 - $3.31 2.51 22% - 32% (F) Represents forecast, using spot rates as of June 25, 2026.