Pictet Asset Management SA's Ownership in Fortune Brands Innovations, Inc.

Pictet Asset Management SA, an investment adviser based in Switzerland, has acquired 7,618,863 shares of Fortune Brands Innovations, Inc. common stock, representing 6.4% ownership. The acquisition, valued at approximately $493 million, was made on behalf of institutional clients and funded through their assets without any borrowing. The investment is driven by the firm's strategy to assess long-term strategy, governance, financial performance, and sustainability. Pictet Asset Management SA actively engages with the issuer to promote initiatives aligned with these practices and may influence company policies. The firm currently has no plans for a change in control but reserves the right to alter its intentions. They hold sole voting power over 7,377,379 shares and sole dispositive power over all 7,618,863 shares. The transactions occurred between February 3, 2026, and March 17, 2026, primarily on the New York Stock Exchange.