Investor Presentaiton

Net working capital intensity improved in FY 2020 NWC intensity 5.3% 5.3% 262 250 308 4.5% FY 2019 H1 2020 FY 2020 Net working capital (NWC) Em NWC/Revenues (Last Q*4) *Accounts receivable including contract assets Accounts receivable* Inventory Accounts payable 1.6% 2.6% 2.3% 157 124 79 FY 2019 H1 2020 FY 2020 20.4% 20.2% 1,194 1,001 957 17.5% FY 2019 * eurofins 8.0% 542 Key Highlights Net working capital intensity decreased by 80bps in FY20 to 4.5% of revenues. The absolute change in NWC was largely driven by the impact of COVID-19 related activities Significant improvement in Days Sales outstanding (52 vs 60 days) balanced by slightly degraded Days Payables outstanding (53 vs 55 days) Inventories doubled during 2020 to EUR 157m to enable the Group to respond quickly to COVID-19 testing and reagents demands H1 2020 FY 2020 8.3% 410 389 8.2% FY 2019 H1 2020 FY 2020 71

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