Avantor Results Presentation Deck slide image

Avantor Results Presentation Deck

Continuing to navigate macroeconomic environment MACRO TREND SINCE Q1: AVANTOR UPDATE: og Global economy Q2 and 1H core organic growth >6% Consumables-focused, specification-driven business model yields resiliency; -85% recurring revenue avantor™ O FX / interest rates Q2 FX headwinds of 4.4% for revenue and ~$0.02 for EPS¹ Actively mitigating near- term interest rate risk; no significant maturities until 2025 Flam COVID 31 COVID-19 ramp down accelerating; ~4% headwind in Q2 and ~3% for FY China lockdown created ~50 bps headwind to organic growth in Q2 Inflation Q2 and 1H margin expansion ~140 bps, above target Commercial excellence, proprietary order book, and M&A contribution support continued momentum Committed to delivering 4-6% organic growth for FY 2022 IMPROVED COMPARABLE WORSENED Supply chain Episodic supply chain constraints continue Investments driving improvements to lead times and backlogs 1. FX adjustment calculated based on FY blended USD/EUR exchange rate of 1.06 (current estimate) versus 1.20 (estimate at time of Q2'21 earnings call). 4
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