All Segments

Companies

Total A&D Revenue

Total Revenue

Avg A&D %

Avg EV / EBITDA

Avg EBITDA Margin

BY ZONE

Portfolio Cleanup0

Breakup Play0

Carve-Out Target0

Segment

Bubble Size

A&D Revenue ($M)

Unlocking Trapped Value: A&D Assets in Diversified Industrials

Source: Company filings, FactSet consensus, IR presentations. FX: EUR 1.08, GBP 1.27, JPY 0.0067, SEK 0.092, NOK 0.091.