Investor Presentaiton
Large and Diverse Client Base Provides
Stability and Sustained Growth
■ Most of top 25 clients are large biopharmaceutical companies
◉
Capital market dependent (CMD) public biotechs with <2 years cash represent
only ~5% of revenue
■ Strong client overlap between business segments with opportunity to further
capture incremental client wallet share
Revenue by
Client Segment*
CRL New Biotech
Clients Added**
>2,000
Biopharma clients in 2022
Largest client
<3%
of total
FY 2022 revenue
-20%
-10%
-30%
Charles River Laboratories (CRL)
673
591
564
533
■ Biotech
-40%
■ Globals
■ Other
■ Academic/
Government
FY FY FY FY
2019 2020 2021 2022
* CRL revenue by client segment based on FY 2022 revenue.
** New biotech clients updated for full-year data for each period.
Top 25 clients
-30%
of total
FY 2022 revenue
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