Azenta Life Sciences

Investor Overview

January 2023

Safe Harbor Statement

"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995; certain matters in this presentation, including forecasts of future demand and future Company performance, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to materially differ, either better or worse, from those projected. Further discussions of risk factors are available in the Company's most recent SEC filings, including the annual report on Form 10-K for the fiscal year ended September 30, 2022 and any subsequent quarterly reports on Form 10-Q. The Company assumes no obligation to update the information in this presentation.

Regulation G

This presentation contains certain non-GAAP measures which are provided to assist in an understanding of the Azenta business and its operational performance. These measures should always be considered in conjunction with the appropriate GAAP measure. Reconciliations of all non-GAAP amounts to the relevant GAAP amount are provided as a separate presentation on the Company's website. All financial projections throughout this presentation, other than ROIC, exclude amortization of intangibles, restructuring expense and other special charges.

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© 2023 Azenta, Inc. • Proprietary Information

Azenta Life Sciences at a Glance

Revenue

($M)

$555

$514

ProductsServices

$389

$334

36%64%

FY'19 FY'20 FY'21 FY'22

Excludes B Medical

Data shown is based on continuing operations

  1. FY'22 organic growth was 9% removing the impacts of FX and M&A; organic growth ex-COVID also removes the company's estimate of COVID-related revenue
  2. Employee count is pro forma for the B Medical Systems acquisition closed 10/3/22
  3. Estimated net cash after acquisition of B Medical Systems on 10/3/22, $500M ASR financed on 11/28/22

8%

FY'22 Growth

reported

Rate1

(YtY%)

17%

organic ex-COVID

>3,500 Employees2

~$1.4B Cash available for investment3

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© 2023 Azenta, Inc. • Proprietary Information

Established Strong Foundation - Zero to >$500M

To $100M in First 5 Years

  • Sample repository services
  • Consumables
  • Instruments for benchtop lab automation
  • Automated ultracold stores

~$10M

FY'2011 2012 2013 2014

© 2023 Azenta, Inc. • Proprietary Information

To >$500M by FY'22

• Genomic services and analytics

$555M

• Additional sample repository and

consumables & instruments (C&I) capabilities

  • Sample sourcing
  • Laboratory software

~$100M

2015

2016

2017

2018

2019

2020

2021

2022

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TheTheAzenta PortfolioAzentaIs a Key EnablerPortfolioAc oss the Sample IsSolutionsa andKeyManagemeEnablert V lue Chain Across the Sample

Solutions and Management Value Chain

Sample

Sample

Storage, Automation

Genomics &

Data &

Sourcing

Formatting

& Logistics

Analytical Services

Informatics

End-to-end sample exploration and management solutions

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© 2023 Azenta, Inc. • Proprietary Information

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Azenta Inc. published this content on 11 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2023 18:36:01 UTC.