X0609 4 2026-05-21 0 0001944048 Kenvue Inc. KVUE 0001362697 Smith Jeffrey C false 201 E LAS OLAS BOULEVARD, SUITE 1000 FORT LAUDERDALE FL 33301 1 0 0 0 0 Common Stock, $0.01 par value 27307632 I By Starboard Value LP Deferred Share Units 2026-05-21 4 A 0 10309 17.46 A Common Stock 10309 25432.6880 D Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. Grant of Deferred Share Units ("DSUs") under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in shares of the Issuer's common stock upon termination of the Reporting Person's directorship (with each DSU representing the right to receive one share of common stock on the settlement date). Includes shares acquired in dividend reinvestment transactions. /s/ Lindsey Cara, Attorney-in-Fact for Jeffrey C. Smith 2026-05-26