Capital Allocation and Financial Overview

Teledyne's Transformation 2000(a) Ongoing portfolio transformation 2010(b) Sales of $827M Sales of $1.78B 2 2020(c) Sales of $3.08 37% 36% 32% 7% 3% Printed 6% Circuits 4% Aerospace 7% Castings 34% 13% 17% 33% Aerospace Engines Aerospace Engines 19% 19% 32% Instrumentation Digital Imaging Printed Circuits Aerospace & Defense Electronics Engineered Systems Divested Operations (a) Includes Teledyne Cast Parts, the former Aerospace Engines & Components segment and Teledyne Printed Circuit Technology which were divested in December 2000, April 2011 and July 2016, respectively (b) Revenue by segment based on fiscal year 2010 results including the Aerospace Engines & Components businesses sold in April 2011 (c) Reflects revenue percentage by segment for the nine months 2020 and approximate full year 2020 sales as disclosed by management on the company's preliminary fourth quarter and full year results dated January 4, 2021 Represents sales from the Instrumentation and Digital Imaging segments, as well as sales of proprietary Aerospace and Defense electronics products CO 6

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