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Investor Presentaiton

13| Notes to Non-GAAP Financial Measures RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED) See "Notes to Non-GAAP Financial Measures" (Slide 12-14), "Cautionary Statement" (Slide 2) and West's Q1 2018 press release for an explanation and reconciliation of these items. Reconciliation of Reported and Adjusted Operating Profit, Net Income and Diluted EPS Three months ended March 31, 2018 Reported (GAAP) Restructuring and related charges Tax law changes Adjusted (Non-GAAP) ($ million, except EPS data) Operating profit Income tax Net Diluted expense income EPS $53.4 $12.5 $43.6 $0.58 3.3 0.6 2.7 0.03 (0.3) 0.3 0.01 $56.7 $12.8 $46.6 $0.62 Reconciliation of Net Sales to Net Sales at Constant Currency (1) ($ million, except EPS data) Three months ended March 31, 2018 Reported net sales (GAAP) Effect of changes in currency translation rates Net sales at constant currency (Non-GAAP) (1) Proprietary CM Eliminations Total $326.2 $89.5 $ $415.7 (23.2) (4.1) (27.3) $303.0 $85.4 - $388.4 (1) Net sales at constant currency translates the current-period reported sales of subsidiaries whose functional currency is other than the U.S. Dollar at the applicable foreign exchange rates in effect during the comparable prior-year period. West
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