Arrow's ESG and Financial Overview

Quarterly GAAP to non-GAAP reconciliation ($ in thousands, except per share data) Three months ended December 31, 2023 Intangible Amortization Restructuring & Integration Reported GAAP measure Operating expense Operating income Income before income taxes Provision for income taxes Consolidated net income Noncontrolling interests $ 672,872 Expense $ (7,491) charges (1) $ Other (2) Non-GAAP measure 316,679 7,491 (39,664) 39,664 $ 250,029 7,491 39,664 (14,635) 53,823 1,863 9,331 (3,500) 196,206 5,628 30,333 (11,135) 1,669 131 625,717 363,834 282,549 61,517 221,032 1,800 Net income attributable to shareholders $ 194,537 $ 5,497 $ Net income per diluted share (3) $ 3.54 $ 0.10 $ 30,333 0.55 $ (11,135) $ $ (0.20) $ Effective tax rate (4) 21.5% 219,232 3.98 21.8% Operating expense Operating income Income before income taxes Provision for income taxes Consolidated net income Noncontrolling interests Net income attributable to shareholders Net income per diluted share (3) Effective tax rate (4) Three months ended December 31, 2022 Intangible Amortization Restructuring & Integration charges (1) Expense $ Reported GAAP measure $ 683,399 522,596 470,780 116,719 354,061 4,659 $ 349,402 $ 5.66 24.8% Other (2) (8,170) (2,714) 8,170 2,714 8,170 2,714 2,056 472 6,114 2,242 127 5,987 0.10 Non-GAAP measure $ 672,515 533,480 (8,356) 473,308 (2,003) 117,244 (6,353) 2,242 $ (6,353) 0.04 $ (0.10) $ $ 356,064 4,786 351,278 5.69 24.8% Three months ended September 30, 2023 Reported GAAP measure Operating expense Operating income Income before income taxes Provision for income taxes Consolidated net income Noncontrolling interests $ 639,514 340,083 Expense $ (7,863) Intangible Amortization Restructuring & Integration charges (1) $ Other (2) Non-GAAP measure 7,863 (31,359) 31,359 600,292 379,305 252,282 7,863 31,359 6,159 297,663 52,241 1,959 7,321 1,476 62,997 200,041 5,904 24,038 4,683 234,666 1,382 138 1,520 Net income attributable to shareholders $ Net income per diluted share (3) Effective tax rate (4) $ 198,659 3.53 $ 5,766 $ 24,038 $ 4,683 $ 233,146 0.10 0.43 $ 0.08 $ 4.14 20.7% 21.2% MGW (1) Includes charges to increase the environmental remediation reserves in the amount of $0.05 million for fourth quarter of 2023, $2.5 million for the fourth quarter of 2022, and $20.9 million for third quarter of 2023. (2) Other includes (gain) loss on investments, net. (3) The sum of the components for non-GAAP diluted EPS may not agree to totals, as presented, due to rounding. (4) The items as shown in this table, represent the reconciling items for the tax rate as reported by GAAP measure and as a non- GAAP measure. 39

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