EVOLUTION AT MERCK - INVENTING FOR LIFE

ANNUAL NET SALES GROWTH (%) 12.0 Merck 10.5 10.0 9.0 9.3 9.0 8.4 8.0 MERCK ANIMAL HEALTH: OUTPERFORMING THE INDUSTRY 6.0 6.5 6.2 5.4 4.0 2.0 3.4 5.8 Industry 0.0 2014 2015 2016 2017 2018 33 Source: Merck Internal Data, ex-exchange, excluding Zilmax. Industry Review MERCK Animal Health

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