EVOLUTION AT MERCK - INVENTING FOR LIFE

STRONG LONG-TERM METRICS FOR THE ANIMAL HEALTH INDUSTRY At the core of a $34+ billion industry CAGR mid-single digits¹ Companion Animal Diagnostics Vet services OTC medicines Pet supplies 1 Forward-Looking Projection Merck Animal Health Livestock Pharmaceuticals Vaccines Solutions Platforms Monitoring Identification Genetics Nutrition Food safety Diagnostics Predictable and sustainable Population growth growth drivers П$ Rising middle Increasing class urbanization MERCK Animal Health

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