Investor Presentaiton

Consolidated Cash Flow Statement For the year ended 31 December 2020 * eurofins In millions of EUR 2020 2019 In millions of EUR 2020 2019 Cash flows from operating activities Cash flows from financing activities Profit before income taxes 694.4 271.5 Proceeds from issuance of share capital 564.8 23.4 Depreciation and amortisation 426.0 395.9 Proceeds from issuance of hybrid capital 297.6 Share-based payment charge and acquisition-related expenses, net 124.5 70.5 Proceeds from borrowings 946.2 192.2 Financial income and expense, net 101.8 96.1 Repayments of borrowings -1,304.5 -330.9 Share of profit from associates -1.7 -0.6 Repayment of lease liabilities -150.6 -142.4 Transactions costs and income related to acquisitions -6.2 -8.3 Repayment of hybrid capital -300.0 Changes in provisions and employee benefit obligations 18.7 7.3 Dividends paid to shareholders and non-controlling interests -0.5 -51.4 Other non-cash effects 8.5 4.6 Earnings paid to hybrid capital investors -36.3 -68.4 Change in net working capital Cash generated from operations Income taxes paid Net cash provided by operating activities Cash flows from investing activities Purchase of property, plant and equipment Purchase, capitalisation of intangible assets Proceeds from sale of property, plant and equipment Net capex Free Cash Flow to the Firm¹ -48.4 1,317.5 -94.0 1,223.5 -64.2 Interest paid -67.8 -62.7 772.9 Net cash provided by financing activities -48.6 -442.6 -95.0 677.9 Net effect of currency translation on cash and cash equivalents and bank overdrafts -33.9 4.1 -310.8 -44.7 5.2 -278.2 -44.3 3.2 Net increase (decrease) in cash equivalents and bank overdrafts Cash and cash equivalents and bank overdrafts at beginning of period Cash and cash equivalents and bank overdrafts at end of period 616.0 -200.5 294.5 495.0 910.5 294.5 -350.3 -319.3 873.2 358.6 Acquisition of subsidiaries net of cash acquired and proceeds -177.2 -171.0 from disposals of subsidiaries Acquisition and disposal in investments, financial assets and -0.1 47.6 derivative financial instrument, net Interest received 2.6 2.9 Net cash used in investing activities -525.0 -439.8 1Free Cash Flow to the Firm - Net cash provided by operating activities, less net capex. 94

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