Avantor Investor Conference Presentation Deck

Avantor long-term financial algorithm ORGANIC REV. GROWTH $.00 4-6%+ ORGANIC GROWTH Navantor™ ADJ. EBITDA MARGIN 50-100 bps ANNUAL MARGIN EXPANSION ADJUSTED EPS Mid-teens+ ADJUSTED EPS GROWTH FOSTERED BY AVANTOR BUSINESS SYSTEM FREE CASH FLOW X Capital allocation flexibility ENABLED BY STRONG FREE CASH FLOW 41st Annual J.P. Morgan Healthcare Conference 7

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