CMS Separation Overview

Fiscal 2023 Q3 results Revenue up 9.4% y/y, adjusted net revenue increased 7.5% y/y and up 8% in constant currency GAAP Operating Profit (OP) of $270M and OP Margin of 6.4% Adj. OP of $361M up 10.2% and up 10.7% in constant currency; Adj. OP Margin (% of Adj. Net Revenue) of 10.7% GAAP Net Earnings from Continuing Operations of $164M GAAP EPS from Continuing Operations of $1.29 includes: $(0.27) of expense net of NCI related to the amortization of acquired intangibles ☐ ■ $(0.01) of a non-cash charge related to reduction in real estate footprint $(0.20) of transaction, restructuring and other related costs $(0.05) tax adjustment to align to expected annual effective tax rate Adj. EPS of $1.82, down 2.2% y/y. Year-ago period benefited from gain of $0.08 per share related to a cost method investment sold Adjusted EBITDA of $355M, with adjusted EBITDA margin 10.5% of Adj. Net Revenue Q3 revenue book-to-bill 1x and gross margin percentage in backlog up over 85 bps y/y 15 See Non-GAAP reconciliation and operating metrics at the end of presentation

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