Access to Private Equity Market

SCALABLE MODEL Revenue as compared to SG&A Expenses ($millions) $200 $175 $150 $125 $100 $75 $50 $25 $0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenue SG&A Alaris' unique structure, which gives it protections that allow for a non-controlling investment, allows it to be a monitor of its Partners, not an operator. For the addition of every 5 new (net) Partners, Alaris would likely have to add I employee to the monitoring team. In 2023, SG&A of $29 million included non-recurring legal and professional fees. Alaris' run rate SG&A is $16.5 million. 22 22

View entire presentation