UL Solutions (ULS) Investor presentation summary

Transaction overview

• Acquiring Eurofins Scientific's E&E business for approximately $670 million, with an estimated 2026 revenue of $200 million and a balanced geographic mix across EMEA, Asia-Pacific, and the US.

• Expected to close in Q4 2026, subject to regulatory approvals and customary conditions.

• Transaction valued at about 14.5x synergized estimated 2026 EBITDA, with anticipated run-rate net cost synergies within three years.

• Expected to be accretive to Adjusted Diluted EPS in the first full calendar year post-close, excluding intangible amortization and integration costs.

• Funded through existing cash and credit facilities.

Strategic rationale and business impact

• Expands global laboratory footprint and enhances commitment to TIC services for electrical safety and connected products.

• Increases breadth of capabilities, geographic reach, and ongoing certification services.

• Aligns with global megatrends such as digitalization and global compliance for connected products.

• Broadens product TIC capabilities, especially in electromagnetic compatibility, wireless, and safety testing.

• Enhances accreditation portfolio with over 1,200 global accreditations, including the MET certification mark.

Eurofins E&E business profile

• Global provider of TIC services for electromagnetic compatibility, wireless testing, electrical safety, and other technologies.

• Operates 44 laboratories worldwide: 25 in EMEA, 12 in Asia-Pacific, and 7 in the US.

• Holds over 1,200 accreditations and supports clients in navigating regulatory landscapes and accelerating market access.

• Key capabilities include product safety certification, field evaluation, performance testing, simulation, and explosive atmosphere testing.

• Well-invested laboratory network with a strong presence in EMEA and Asia-Pacific, and a growing US footprint.