//ADS. Q2 Fiscal 2026 Financial Results November 6, 2025 2 3 CEO Highlights Q2 Fiscal 2026 Revenue Sales +5% $639 $671 +25% $144 $180 ADS Legacy Infiltrator ■Q2 FY25 ■Q2 FY26 Q2 Fiscal 2026 Profitability Adjusted EBITDA Margin +240 bps 33.8% 31.4% Q2 FY26 Q2 FY25 Outlook Acquisition of ( NDS® · Announced acquisition of NDS from Norma Group SE (DAX: NOEJ) for $1.0 billion, or $875 million net of tax benefits. Transaction is expected to close in the first quarter of calendar year 2026. Stormwater Management L ...

Q3 2025 Performance - Organic sales increased by 9% due to favorable pricing, pull-forward demand, and volume[5, 10, 32] - Adjusted operating margin expanded by 140 bps to 18.5%[5, 11, 12, 35] - Adjusted EPS increased by 23% from $2.03 to $2.50[13, 14] - Free cash flow increased by 6% from $204 million to $216 million[15, 16] Segment Performance - Americas sales increased organically by 13%, with acquisitions adding $11 million, reaching $464 million[19] - Europe sales decreased organically by 2%, but benefited from a $7 million FX impact, totaling $112 million[19] - APMEA sales remained flat organically at $36 million[19] - Americas adjusted operating margin increased by 180 bps to 23.7%[19] - Europe adjusted operating margin increased by 160 bps to 12.2%[19] - APMEA adjusted operating margin increased by 90 bps to 19.4%[19] Full Year 2025 Outlook - The company raised its full-year reported sales growth outlook to +7% to +8%, with organic growth of +4% to +5%[6, 20, 43] - The company raised its full-year adjusted EBITDA margin outlook to 21.5% to 21.6%, an increase of +140 bps to +150 bps[6, 20]

Group 1 - Veralto reported $1.37 billion in revenue for the quarter ended June 2025, a year-over-year increase of 6.4% [1] - The EPS for the same period was $0.93, compared to $0.85 a year ago, indicating a positive trend in earnings [1] - The reported revenue exceeded the Zacks Consensus Estimate of $1.34 billion, resulting in a surprise of +2.06% [1] Group 2 - The company delivered an EPS surprise of +4.49%, with the consensus EPS estimate being $0.89 [1] - Veralto's stock has returned +2.2% over the past month, while the Zacks S&P 500 composite has changed by +4.9% [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market [3] Group 3 - Sales in Product Quality & Innovation reached $546 million, exceeding the two-analyst average estimate of $534.05 million, with a year-over-year change of +6.9% [4] - Sales in Water Quality amounted to $825 million, surpassing the $801.05 million average estimate, reflecting a +6.2% year-over-year change [4] - Operating profit for Water Quality was reported at $211 million, above the average estimate of $194.2 million [4]

Core Insights - Veralto Corporation (VLTO) is set to release its second-quarter 2025 results on July 29, with earnings estimated at 89 cents per share, reflecting a 4.7% year-over-year increase, and revenues projected at $1.34 billion, indicating a 4.3% rise year-over-year [2][9]. Earnings Performance - VLTO has a strong earnings surprise history, having exceeded the Zacks Consensus Estimate in each of the last four quarters, with an average surprise of 6.4% [3]. Revenue Expectations - The Water Quality segment is expected to generate revenues of $801 million, representing a 3% year-over-year growth, while the Product Quality & Inspection segment is estimated to bring in $534 million, up 4.5% from the previous year [4][9]. Operating Efficiency - Robust operating efficiency is anticipated to contribute to bottom-line growth in the upcoming quarter [5]. Earnings Prediction Model - The current model does not predict a definitive earnings beat for VLTO, as it has an Earnings ESP of -0.43% and a Zacks Rank of 2 (Buy) [6].

Q1 2025 Performance - Organic sales declined by 2% due to fewer shipping days and ongoing weakness in Europe[5] - Record adjusted operating margin of 19%, an expansion of 80 bps[5] - Announced a 21% dividend increase[5] - Free cash flow increased by 25%, from $37 million to $46 million[20] Financial Results - Sales decreased by 2%, from $571 million to $558 million[16] - Adjusted EPS increased by 2%, from $2.33 to $2.37[19] - Americas segment sales were $418 million, a 1% organic decrease, but acquisitions added $5 million[22] - Europe segment sales were $108 million, a 9% organic decrease, with a $4 million foreign exchange headwind[22] - APMEA segment sales were $32 million, a 13% organic increase[22] Outlook - The company is maintaining its FY 2025 outlook[6] - The estimated 2025 tariff cost impact is approximately $60 million[12]

First Quarter 2025 Results April 29, 2025 Forward Looking Statements Certain statements in this presentation, including statements regarding the Company's second quarter and full year 2025 financial performance and guidance, the Company's differentiation and positioning to continue delivering sustainable, long-term shareholder value and any other statements regarding events or developments that we believe or anticipate will or may occur in the future are "forward-looking" statements within the meaning of th ...