Waters Corporation · NYSE:WAT

Waters — Merger or Acquisition (July 2025)

7 slides from Waters's merger presentation, Jul 14, 2025

  1. Slide 1: Creating a Life Science and Diagnostics Leader Focused on Regulated, High-Volume Testing

    Waters TM BD Biosciences & Diagnostic Solutions Creating a Life Science and Diagnostics Leader Focused on Regulated, High-Volume Testing Press Release Investor Presentation Conference Call Infographic Transaction Overview On July 14, 205, Waters and BD announced a definitive agreement to combine BD’

  2. Slide 2: Compelling Value Creation Opportunity

    Compelling Value Creation Opportunity Industry-Leading 5-Year Financial Outlook EXPECTED MSD-HSD Revenue growth Mid-teens% Adj EPS growth ~500bps Adj.operating margin expansion Rapid Adj. EPS Accretion and Significant Synergies EXPECTED $200M Cost synergies by year 3 $290M Revenue synergies by year

  3. Slide 3: CEO Quotes on the Waters and BD Combination

    Waters and BD Biosciences & Diagnostic Solutions share a rich legacy of innovation, complementary expertise in regulated, high-volume settings, and a deep commitment to science and solving customers unmeet needs. Together, this combination will create a more diversified company with best-in class te

  4. Slide 4: Contacts

    Contacts Waters Corporation BD Molly Gluck Troy Kirkpatrick Head of External Cornrnunications VP, Public Relations Waters Corporation BD 617.833.8166 858.617.2361 rnolly_gluck@waters.corn troy.kirkpatrick@bd.corn Caspar Tudor Adam Reiffe Head of Investor Relations Sr. Director, Investor Relations Wa

  5. Slide 5: Press Releases

    Press Releases July 14, 2025 Waters + BD Biosciences & Diagnostic Solutions - Press Release Privacy Notice Disclaimer Contacts Waters Corporation BD Molly Gluck Troy Kirkpatrick Head of External Cornrnunications VP, Public Relations Waters Corporation BD 617.833.8166 858.617.2361 rnolly_gluck@waters

  6. Slide 6: Filings Form 8K

    Filings July 14, 2025 Form 8K Contacts Waters Corporation BD Molly Gluck Troy Kirkpatrick Head of External Cornrnunications VP, Public Relations Waters Corporation BD 617.833.8166 858.617.2361 rnolly_gluck@waters.corn troy.kirkpatrick@bd.corn Caspar Tudor Adam Reiffe Head of Investor Relations Sr. D

  7. Slide 7: Listen to Investor Call

    Listen to Investor Call Download PDF - Download PDF - Details - Privacy Notice Disclaimer a Life Science and Diagnostics Lwder Focused on Regulated, High-Volume Testing QBD =’.!.-eo. Contacts Waters Corporation BD Molly Gluck Troy Kirkpatrick Head of External Cornrnunications VP, Public Relations Wa

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