42nd Annual JP Morgan Healthcare Conference

Zoetis revenue growth has outpaced U.S. vet clinic revenue and visits ● Solid vet clinic growth drivers saw spike in 2021 due to pandemic, now normalizing to pre-pandemic levels Clinic revenue growth has remained strong even with recent visit declines • Outpaced both clinic revenue and visit growth driven by: ● Innovation to gain share and expand the market Focus on commercial excellence ● ● Ability to serve customers in alternative channels • Diverse portfolio serving unmet needs ● 1 Zoetis Sales Data Q3 2019 through Q3 2023 2 Kynetec Data 4-Year CAGR 8.1% Total Zoetis 7.5% 2 U.S. Vet Clinic Revenue 15.6% Zoetis U.S. Companion Animal 0.3% 2 1 U.S. Vet Clinic Visits zoetis

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