2023 INVESTOR DAY slide image

2023 INVESTOR DAY

Veralto/World-class enterprise built and strengthened over time SALES $4.9b ADJUSTED OPERATING PROFIT* ADJUSTED OPERATING PROFIT MARGIN* $1.1b 1 A LEADER IN WATER & PRODUCT QUALITY 2 PREMIER FINANCIAL PROFILE 3 PROVEN VALUE CREATION PLAYBOOK PREMIER FINANCIAL PROFILE Financial data below based on 3-year averages from 2020-2022 ✓ MSD core sales growth* ✓ 57% recurring sales Mid- 20's ~9.5% CAGR ~$0.8b ~11% CAGR ✓ 57% gross profit margin High- teens ✓ 23% Adj. EBITDA margin* ~$140m 2022 2002 2022 2002 2002 2022 ✓ >100% FCF conversion* 80 ACQUISITIONS UNDER DANAHER ~20% ROIC IN 2022 Track Record of Strategic Growth, Margin Expansion and Compounding Returns Veralto. Notes: 2002 amounts reflect the results of the Veralto operating companies that were owned by Danaher as of that date. These companies were reported within the Process and Environmental Controls reporting segment within Danaher's financial reporting for 2002; The Company defines Return on Invested Capital (ROIC) as the adjusted operating profit (non-GAAP) of acquired businesses divided by the sum of acquisition purchase price for all Veralto businesses acquired by Danaher *See appendix for reconciliations to non-GAAP measures; 2020-2022 averages can be calculated based on the non-GAAP measures provided in the appendix 2023 INVESTOR DAY | 16
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