2022 Q3 Financial Results slide image

2022 Q3 Financial Results

Reconciliation of Non-GAAP Measures This information reconciles non-GAAP measures (denoted with a *) with the most directly comparable GAAP measure (dollars in millions, except per share amounts) Pretax Earnings Pretax earnings (GAAP) Restructuring and related costs Amortization of intangibles Gain on sale of business Russia business exit Acquisition/divestiture costs and pre-acquisition interest on AspenTech debt OSI purchase accounting items Adjusted pretax earnings* Pretax Margin Pretax margin (GAAP) Restructuring and related costs Amortization of intangibles Gain on sale of business Russia business exit Acquisition/divestiture costs and pre-acquisition interest on AspenTech debt OSI purchase accounting Adjusted pretax margin* Q3 FY21 $ 784 $ 32 79 Q3 FY22 1,195 34 124 Change 52% 1% 7% ☐☐☐ (483) 162 (72)% 24% 70 11% 10 (1)% $ 905 $ 1,102 22% Q3 FY21 Q3 FY22 16.7% 0.7% 23.9% 0.7% Change 720 bps - bps 1.7% 2.5% 80 bps -% (9.7)% (970) bps -% 3.2% 320 bps -% 1.4% 140 bps 0.2% -% (20) bps 19.3% 22.0% 270 bps References to trailing 3-month or T3M orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding acquisitions and divestitures References to underlying orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding currency, acquisitions and divestitures References to underlying sales in this presentation exclude the impact of acquisitions, divestitures and currency translation 32
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