Acuity Brands, Inc.

Thank you, Charlotte, and thank you all for joining us this morning. Our fiscal 2025 first quarter performance was solid. We delivered sales growth, expanded our adjusted operating profit and adjusted operating profit margin, and increased our adjusted diluted earnings per share. We're also pleased to welcome QSC to Acuity, having successfully closed the acquisition last week.

Now, turning to Acuity Brands Lighting, we continue to provide delivering sales growth in the first quarter. Our performance is more predictable, repeatable, and scalable as a result of the continued actioning of our strategy to increase product vitality, elevate service levels, use technology to improve and differentiate both our products and how we operate, business and to drive productivity. Our strategy has informed the development of our differentiated product portfolios.

Contractor Select, Design Select, and Made to Order, enabling us to drive growth and productivity for ourselves and for our partners. With Contractor Select, we are driving growth and productivity for our electrical distributors by lowering their cost of doing business and empowering them to carry less inventory. With Design Select, we're focused on delivering productivity to architects, lighting specifiers, design-build contractors, and electrical contractors by enabling them to choose the right configurable products for their projects. Our portfolios are constructed with high levels of product vitality. In Contractor Select, this quarter, we launched two new products, TrueWrap and the Rebel Round High Bay. Both products feature switchable technology and offer multiple functionality, with the end result being that distributors can carry fewer SKUs while providing more options for customers. TruWrap from Lithonia Lighting enhances the traditional wrap, offering even lighting for spaces with limited natural lighting options, like locker rooms, storage utility areas, garages, and offices. It features three adjustable lumen settings and three switchable color temperature settings. The Rebel Round High Bay delivers uniform illumination for large open spaces like industrial facilities and indoor sports arenas. In addition to offering an expanded lumen range with switchable color temperature options, it is manufactured to withstand harsh conditions and can be easily integrated with our sensor switch controls for improved energy savings. These innovations are important to our customers, and our team has once again been recognized for the value

they deliver. In the first quarter, many of our lighting solutions were selected for the Grand Prix Design Awards, an international competition that celebrates the excellence and talent of creative professionals and firms. Our winners included Mochi by Cyclone, Hydrol Flame, and several Eureka products, including the Tangram family. And the. He. He. and meroluminescent luminaires.

The Sirius Pro was recognized by the Architects Newspaper's Best of Product Awards, which elevates well-designed products serving the architecture and design community. The Sirius Pro family includes interior and exterior luminaires for a seamless aesthetic transition. The luminaires are compatible with our in-light controls, allowing seamless control of indoor and outdoor spaces, while reducing energy costs, aiding in building compliance, and improving occupant comfort. Now, moving on to intelligent spaces, which delivered another strong quarter of sales growth and margin performance. Our mission in Intelligent Spaces is to make spaces smarter, safer, and greener through a strategy of connecting the edge with the cloud using disruptive technologies that leverage data interoperability. In Distech, we are focused on where we compete and what we can control to expand our addressable market. As part of our geographic expansion, this quarter we continue to add systems integrator capacity in the UK, Asia, and Australia. DISTEC partners with the best SIs in specific geographies to sell our full suite of controls, sensors, and applications. In October, we brought together our North