Investor Presentaiton

Evolution of the Danaher Business System (DBS) 1984 1991 1999 2001 2003 2005 2007 2009 2011 2013 2015 TODAY Leadership Leadership Leadership Leadership Lean Growth Lean Growth Lean Growth 2001 Mid-1980s LEAN FOCUSED ADDED GROWTH 2009 ADDED LEADERSHIP 2016 LAUNCHED SHARED PURPOSE Lean Growth OUR SHARED PURPOSE HELPING REALIZE LIFE'S POTENTIAL As portfolio evolved, so has DBS - 26 26 from Lean to a balanced approach DANAHER

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