Avantor Results Presentation Deck

2 Core Organic Growth & Adjusted EBITDA (Annual) USD in millions Navantor™ Total Avantor, Global GAAP consolidated net sales Core organic growth COVID Impact Organic growth M&A Impact FX Impact Reported net sales growth GAAP gross profit Adjustments for Ritter & Masterflex¹ Adjusted gross profit (non-GAAP) GAAP SG&A expense Amortization Acquisition/Integration-related expenses2,3 Purchase accounting adjustments4 Other stock-based compensation (expense) benefit Restructuring & severance charges³ Reserve for certain legal matters Impairment charges Adjusted SG&A expense (non-GAAP) Other reconciliation items Depreciation Loss on extinguishment of debt Net foreign currency loss (gain) from financing activities Receipt of disgorgement penalty' Total other adjustments Adjusted EBITDA (non-GAAP) FY2020 $6,394 $ $71 $266 $337 $0 $17 $353 FY2020 $ 2,080 $2,080 $1,374 (307) (17) (1) (12) $1,036 88 347 (1) $434 % 1.2% 4.4% 5.6% 0.0% 0.2% 5.8% $1,142 % 32.5% 0.0% 32.5% 21.5% -4.8% -0.3% 0.0% 0.0% -0.2% 0.0% 0.0% 16.2% 1.4% 5.4% 0.0% 0.0% 6.8% 17.9% FY2021 $7,386 $ $582 138 $719 143 130 $993 FY2021 $ 2,503 $2,509 % 9.1% 2.2% 11.3% 2.2% 2.0% 15.5% 33.9% (6) -0.1% 33.9% (3) (5) % 1,531 20.7% (291) -3.9% (94) -1.3% 0.0% 0.0% -0.1% 0.0% 0.0% $1,138 15.4% 88 12 1 1.2% 0.2% 0.0% (13) -0.2% $89 1.2% $1,459 19.7% FY2022 $7,512 $ $441 (266) $175 268 (317) $126 FY2022 $ 2,603 (14) $2,617 % 6.0% -3.6% 2.4% 3.6% -4.3% 1.7% 87 13 7 $107 % 1,473 19.6% (318) (19) -4.2% -0.2% 0.1% 0.0% 4 3 (4) 0.0% 0.0% 0.0% $1,140 15.2% 34.6% -0.2% 34.8% 1.2% 0.2% 0.1% 0.0% 1.4% $1,571 20.9% FY2023 YTD $3,524 $ ($159) (144) ($302) 0 (34) ($337) FY2023 YTD $ % 1,215 $1,215 912 (157) (8) (12) (1) (161) $573 46 4 (2) $49 % -4.1% -3.7% -7.8% 0.0% -0.9% -8.7% $689 34.5% 0.0% 34.5% 25.9% -4.5% -0.2% 0.0% 0.0% -0.3% 0.0% -4.6% 16.3% 1.3% 0.1% -0.1% 0.0% 1.4% 19.6% 5

View entire presentation