Bruker : Q3 2022 Earnings Webcast

BRUKER CORPORATION (NASDAQ: BRKR)

Q3 2022 Earnings Presentation

November 3, 2022

Frank H. Laukien, President & Chief Executive Officer

Gerald Herman, Executive Vice President & Chief Financial Officer

Justin Ward, Senior Director, Investor Relations & Corporate Development

BRUKER CORPORATION

Safe Harbor Statement

Any statements contained in this presentation which do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding our fiscal year 2022 financial outlook, our outlook for organic revenue growth, non-GAAP operating margin, non- GAAP EPS and non-GAAP tax rate; management's expectations for the impact of foreign currency and acquisitions, and for future financial and operational performance and business outlook; future economic conditions; the duration and impact of supply chain challenges; and strategic investments. Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to, risks and uncertainties relating to the length and severity of the COVID-19 pandemic, the impact of the pandemic on global economic conditions and the length and severity of any resulting recession, the impact of any supply chain challenges, including inflationary pressures, the impact of geopolitical tensions and any resulting sanctions, continued volatility in the capital markets, the integration and assumption of liabilities of businesses we have acquired or may acquire in the future, our restructuring and cost control initiatives, changing technologies, product development and market acceptance of our products, the cost and pricing of our products, manufacturing, and outsourcing, competition, dependence on collaborative partners, key suppliers and third-party distributors, capital spending and government funding policies, changes in governmental regulations, intellectual property rights, litigation, exposure to foreign currency fluctuations, our ability to service our obligations and fund our anticipated cash needs, the effect of a concentrated ownership of our common stock, loss of key personnel, payment of future dividends and other risk factors discussed from time to time in our filings with the Securities and Exchange Commission, or SEC. These and other factors are identified and described in more detail in our filings with the SEC, including, without limitation, our annual report on Form 10-K for the year ended December 31, 2021, as may be updated by our quarterly reports on Form 10-Q. We expressly disclaim any intent or obligation to update these forward- looking statements other than as required by law.

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Q3 2022

Business Update

3

Q3 2022 BUSINESS UPDATE

Q3 2022: Strong Organic Revenue Growth and Margin Expansion on Project Accelerate 2.0 Initiatives and Volume Leverage

Q3 2022 Performance Year-over-Year

Q3 Financials

• Revenue increased $30.0M, or +4.9%
• • Organic growth of +12.7%, with BSI up +12.0% and BEST up +20.3%, compared to strong Q3-21
  • Acquisitions add +1.2%; FX headwind of 9.0%
• Non-GAAPgross margin of 53.2%, up +150 bps
• Non-GAAPoperating margin of 22.4%, up +180 bps
• Non-GAAPoperating income up 14.2%
• GAAP EPS of $0.59, up 3.5%
• Non-GAAPEPS of $0.66, up 4.8%

Revenues [$M]
638.9	608.9	+4.9%
Q3-22	Q3-21

Non-GAAP EPS

+4.8%

Q3-21

Q3-22

Reconciliations of non-GAAP to GAAP financial measures are available in our earnings press release and at the end of this presentation. Y-o-y: year over year. Bps: basis points

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YTD Q3 2022 BUSINESS UPDATE

YTD Q3 2022: Project Accelerate 2.0 Driving Robust Organic Revenue Growth with Solid Gross Margin Improvement

YTD Q3 2022 Performance Year-over-Year

YTD Q3 Financials

❖ Organic bookings growth for BSI strong, with book-to-bill >1.1

❖ Revenue increased $87.9M, or +5.1%

▪ Organic growth of +10.7%, with BSI up +9.9% and BEST up +18.7%

▪ Acquisitions add +1.3%

▪ FX headwind of 6.9%

❖ Non-GAAP gross margin of 52.6%, up +160 bps

Revenues [$M]
1,822.3	1,734.4	+5.1%
YTD Q3-22	YTD Q3-21

Non-GAAP EPS

❖ Non-GAAP operating margin of 19.6%, up +80 bps

YTD

+6.0%

❖ GAAP EPS of $1.33, up 0.8%

❖ Non-GAAP EPS of $1.60, up 6.0%

❖ Non-GAAP ROIC of 24.6% for trailing twelve months

Q3-21

YTD

Q3-22

Reconciliations of non-GAAP to GAAP financial measures are available in our earnings press release and at the end of this presentation. Y-o-y: year over year. Bps: basis points

© 2022 Bruker	+	-Bruker	Q3 2022 Earnings Presentation | November 3, 2022	|	5
		Confidential-