Taro Shareholder Value Creation and Strategic Overview

18 Key Financial Ratios Full-year results Gross margin * 67% 62% 54% 52% 47% 45% 2019 2020 2021 2022 2023 YTD 2024 EBITDA margin * • 47% 42% 31% 15% 8% 2% Net margin * 42% 38% 26% 12% 6% 4% 2019 2020 2021 2022 2023 YTD 2024 Earnings per share * $7.23 $6.35 $3.70 $1.75 $0.68 $0.49 2019 2020 2021 2022 2023 YTD 2019 2020 2021 2022 2023 YTD 2024 2024 FY20/21 & FY21/22 excludes settlement and loss contingency charges. • YTD 2024 4/1/23 to 9/30/23 TARO

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