2023 INVESTOR DAY slide image

2023 INVESTOR DAY

Veralto / Separation considerations INCREMENTAL STAND-ALONE COSTS ~$70m of incremental stand-alone costs: ■ ~140 bps impact to operating profit margin ~70 bps impact to Water Quality and PQI segment operating profit margin CAPITAL STRUCTURE AT SEPARATION ~$2.6b gross debt ■ ~2.2x gross leverage* ~$250m cash on hand ■ ~2.0x net leverage* ~$1.5b revolving line of credit Note: Based on management estimates as of September 6, 2023; The Company defines gross leverage (non-GAAP) as long-term debt divided by trailing twelve-month Operating Profit. The Company defines net leverage (non-GAAP) as net debt divided by trailing twelve-month Operating Profit; See appendix for reconciliations of non-GAAP measures Investment Grade Capital Structure Provides Ample Operational and Strategic Flexibility Veralto 2023 INVESTOR DAY | 55
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