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November 1, 2022Q3 2022 Earnings Call Presentation
November 1, 2022Q3 2022 Earnings Call Presentation2 ©2022 Waters Corporation
Forward -Looking Statements & Non- GAAP Financial Measures
This presentation contains forward-looking statements regarding future results andevents, including financial andoperational guidance andprojected estimates .For
thispurpose, anystatements that arenotstatements ofhistorical factmay bedeemed forward -looking statements .Words such as“may,” “will,” “expect,” “plan,”
“anticipate,” “estimate,” “intend,” “outlook,” andsimilar expressions (aswellasother words orexpressions referencing future events, conditions orcircumstances) are
intended toidentify forward -looking statements .These forward -looking statements may include statements regarding future operating and financial performance,
market growth, success ofourproducts, andcustomer trends .Forward -looking statements inthispresentation arebased onWaters’ expectations andassumptions
asofthedate ofthispresentation andareneither predictions norguarantees offuture events orperformance .Youshould notplace undue reliance onforward -looking
statements, which speak only asofthedate hereof andshould notberelied upon asrepresenting theCompany’s estimates orviews asofanydate subsequent tothe
date ofthispresentation .Each ofthese forward -looking statements involves risks anduncertainties, andactual results may differ materially from such forward -looking
statements .Wediscuss various factors thatmay cause Waters actual results todiffer from those expressed orimplied intheforward -looking statements inthis
presentation, including, butnotlimited to,those factors relating totheimpact onWaters’ operating results throughout theCompany’s various market sectors or
geographies from economic, regulatory, sovereign and political uncertainties aswell astheimpact oftheongoing COVID -19pandemic, inthesections entitled
“Forward -Looking Statements,”, “Management’s Discussion andAnalysis ofFinancial Condition andResults ofOperations”, and“Risk Factors” oftheCompany’s
Annual Report onForm 10-Kfortheyear ended December 31,2021 asfiled with theSecurities and Exchange Commission (“SEC”) onFebruary 24,2022, as
updated bytheCompany’s subsequent filings with theSEC, including theCompany’s Quarterly Reports onForm 10-Q,aswell astheCompany’s 2021 Annual
Report .Except asrequired bylaw, Waters does notassume any obligation toupdate orrevise any forward -looking statements, whether asaresult ofnew
information, future events, orotherwise.
Tosupplement theCompany’s financial statements presented onaGAAP basis, theCompany hasprovided certain non-GAAP financial measures, such asconstant
currency revenue andnon-GAAP earning perdiluted share .Management uses these non-GAAP measures toevaluate theCompany’s operating performance ina
manner thatallows formeaningful period-to -period comparison andanalysis oftrends initsbusiness .Management believes thatsuch measures areimportant in
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