Avantor Investor Conference Presentation Deck

Reconciliations of GAAP to non-GAAP measures (continued) ($M) Net cash provided by operating activities (GAAP) Capital expenditures Acquisition-related expenses paid Free cash flow (non-GAAP) Navantor™ Full Year 2019 $354.0 (51.6) $302.4 Full Year 2020 $929.8 (61.6) $868.2 Full Year 2021 $953.6 (111.1) 77.8 $920.3 Full Year 2022 $843.6 (133.4) $710.2 18

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