OneWater Marine Inc.

Hello, everyone. Thank you for joining us and welcome to One Water Marine Inc. Fiscal Third Quarter 2026 Conference Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Jack Ezzell, Chief Financial Officer and Chief Operating Officer. Jack, please go ahead.

Good morning and welcome to One Water Marine's fiscal third quarter 2026 earning conference call. I'm joined on the call today by Austin Singleton, Executive Chairman, and Anthony Aisquith, Chief Executive Officer. Before we begin, I'd like to remind you that certain statements made by management during this morning's conference call regarding One Water Marine and its operations may be considered forward-looking statements under securities law and involve a number of risks and uncertainties. As a result, the company cautions you that there are a number of factors, many of which are beyond the company's control, which could cause actual results and events to differ materially from those described in the forward-looking statements. Factors that might affect future results are disclosed in the company's earnings release which can be found in the investor relations section of the company's website and in its filings with the SEC. The company disclaims any obligation or undertaking to update the forward-looking statements to reflect Thank you for joining today's call. We delivered solid third quarter results

that reflect continued execution of our strategic priorities despite a mixed retail environment. Throughout the year, we have remained focused on the levers within our control, optimizing inventory, expanding margin, and strengthening our balance sheet. While those actions required difficult decisions, they have positioned the business for stronger performance over the long term. As expected, we are starting to see these benefits reflected in our results. Despite revenue declining 4% year over year, we expanded gross margin by 70 basis points to 24%, driven by favorable product mix and the continued execution of our initiatives to enhance gross profit. As volume leverage returns, we believe the benefits of these actions will have a greater impact on our P&L. We also made good progress strengthening our balance sheet. We continue to reduce debt and reach our year-end leverage target ahead of schedule, demonstrating the strength of our execution and disciplined capital management. At the same time, we maintain healthy inventory levels across our dealership network, positioning us to meet the demand while preserving financial flexibility. In the current macro environment, we remain focused on what we can control. We set out to streamline the business, strengthen operations, and improve our financial position. As a result, we are primed to deliver accelerated growth as the market recovers. With that, I'll turn the call over to Anthony.