Owens&Minor Investor Conference Presentation Deck
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Adding approximately $1.2 billion of annual net revenue
▪ Adds in excess of $230 million in incremental adjusted EBITDA, implying -20%
margin
Annualized Financial Impact (Pre-Synergies)
▪ Annual capex requirements of ~$100 million
▪ FCF generation > $80 million
Leverage Ratio to increase to just under 4x TTM adjusted EBITDA
Expect to return to targeted leverage range of 2-3x within 24 months
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• No changes to capital allocation priorities
Deleverage the balance sheet
- Re-invest organically in broader business to drive top-line growth / bottom-line
efficiencies
9
Expect to change segment reporting structure beginning with 1Q22 filings
- Patient Direct = Byram + Apria
Products & Healthcare Services = Global Products + Medical Distribution and Services
Transaction will be accretive to EPS in 2022 assuming 1H22 close
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Combined Net Revenue ¹
(~$10.9B)
1 Combined numbers are non-GAAP and reflect the summation of OMI plus Apria, for FY 2021. See slide 2 for more information regarding OMI and Apria Combined measures and important limitations
Patient
Direct
-20%
Products &
Healthcare Services
-80%
Combined Adjusted EBITDA¹
(~$725M)
Products &
Healthcare
Services
~50%
Patient
Direct
-50%
Owens
VI & MinorView entire presentation