2026 Outlook

The Company now expects 2026 Organic Sales Growth to be approximately 100 basis points below its weighted average category growth in the categories and countries it competes, currently 2% on a trailing twelve-month basis. This primarily reflects realized and potential unfavorable impacts amounting to approximately 100 basis points at a total company level from the China social media disruptions. Adjusted Operating Profit is now expected to grow mid-single digits on a constant-currency basis. Adjusted Earnings Per Share from Continuing Operations are expected to grow high single digits on a constant-currency basis including an approximately 30 percent increase in income from equity companies versus 2025. Adjusted Earnings Per Share Attributable to Kimberly-Clark are expected to see a low single digit decline on a constant-currency basis.