Avantor Investor Day Presentation Deck

Laboratory Solutions REVENUE ~$4.7B 2023E RECURRING REVENUE ~80% ADJ. OPERATING MARGIN ~15% 2023E TOTAL ADDRESSABLE MARKET (TAM) $55B+ 2023E revenue based on midpoint of FY 2023 guidance, as of Q3 2023 earnings call. Segment financials based on management estimates for FY 2023. Effective date for the new segment structure is 1/1/24. Recurring revenue excludes equipment & instrumentation. TAM based on management estimates. Industry-leading scale and customer reach in growing end markets Innovation focused on proprietary content Meaningful opportunity to accelerate growth and expand margins 1 INTRODUCTION TO LAB SOLUTIONS avantor™ 31

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