• 43% of Ansell's revenue is generated in the US
• Majority of products sold in the US are sourced from Asian countries subject to new tariffs
• Ansell plans to fully offset tariff increases through pricing adjustments

Ansell Limited (ASX:ANN) has announced that new tariffs have been imposed on imports of products into the US, which account for approximately 43% of the company's revenue. The majority of products sold in the US are sourced from Ansell's manufacturing facilities or third-party suppliers in Malaysia, Sri Lanka, Thailand, Vietnam and China, with no single country supplying more than 30% of the imports. Ansell plans to fully offset the tariff increases through pricing, and the company has had conversations with customers to this effect, including in the past 24 hours. It is noted that the vast majority of manufacturing in the industry is conducted in Asian countries now subject to US tariffs, and US industry manufacturing capacity for comparable hand and body protection products is negligible. Longer term, Ansell retains the flexibility to respond to changes in the relative attractiveness of traditional PPE manufacturing locations through its 14 owned manufacturing plants in 9 countries and extensive partner network. The company expects the timing of tariff increases and pricing adjustments to be broadly similar, and is maintaining its guidance range for FY25 Adjusted EPS at US118¢ to US128¢.

Ansell is maintaining its guidance range for FY25 Adjusted EPS at US118¢ to US128¢.