CEO Letter to Shareholders Dear Fellow Shareholders, 2023 was an historic year for Veralto as we successfully executed our separation from Danaher and achieved a record level of sales at just over $5 billion, with nearly 60% of our sales in recurring revenue. In addition, we delivered high- single digit earnings growth and robust free cash flow in a dynamic macro- for their agility and unwavering commitment to grow and improve our business, support our customers and help ensure the safety of global water, food and medicine supply chains for millions of people around the world. Along with improved financial performance in 2023, we bolstered our leadership talent, realigned our commercial teams, and launched several new technology solutions - including 7 new marking and coding products in our Videojet business, a remarkable achievement. We are off to a positive start as an independent company with a strong foundation for growth, Unifying Purpose and proven value creation playbook powered by the Veralto Enterprise System (VES). We are benefiting from increased operational focus and are poised to compound earnings and cash flow growth through disciplined capital allocation with a bias toward value accretive acquisitions that yield attractive returns. The energy is palpable throughout our talented, diverse team of over 16,000 associates. We are a data driven and results oriented team with a continuous improvement mindset. And we have established a culture of empowerment and accountability where our associates feel a sense of belonging in an inclusive workplace that is both challenging and rewarding. We are energized by the bright future ahead to create value for shareholders by continuing to help our customers solve some of the positive, enduring impact on our environment. JENNIFER L. HONEYCUTT President and Chief Executive Officer

Strong Foundation for Growth October 2, 2023 marked our first day as a stand-alone, publicly traded company. We began our journey with an incredible heritage from Danaher as its longest-tenured and, perhaps, its highest quality industrial businesses. Our industry-leading companies have globally recognized brands with a long-established legacy of innovating essential technology solutions and building customer trust while creating a safer, cleaner, more vibrant future. The breadth of our product offerings is complemented by technical applications expertise, digital capabilities, and customer service; all of which help operating and regulatory requirements, reduce operating costs, minimize environmental impact, and support consumer health and safety. We play in large, attractive end markets with over 80% of our sales focused in water, food and beverage, and pharmaceutical applications. Strong secular trends support durable, long-term growth opportunities in these end market verticals. These trends include increasing regulatory standards for drinking water and wastewater discharge, growing global demand for safe and affordable water, continued pressure for product safety, along with a heightened focus on sustainability. Unifying Purpose We are galvanized by our unifying purpose: . We are committed to this purpose and well-positioned to support our customers as they address large global challenges including environmental resource sustainability, water scarcity, management of severe weather events and food and pharmaceutical security. For decades, we have used our scientific expertise and innovative technologies to address complex challenges our customers face across regulated industries including municipal utilities, food and beverage, pharmaceutical and industrials where the consequence of failure is high. We are committed to delivering on our purpose through four Veralto Values: 1. We serve humanity with purpose and integrity. 2. We unlock ingenuity for customer success. 3. We deliver results as a team. 4. We continually improve for enduring impact. These values inform how we bring our sustainability strategy to life through our products, our impact on ~80% of sales Water, Food & Pharma

stakeholders expect from us, and that the world needs from us, when it comes to sustainability. VES A Culture of Continuous Improvement While we are galvanized by our unifying purpose, what sets us apart is our ability to deploy VES and turn our commitment into action. VES is a proven business system and the bedrock of our culture. It is a mindset grounded in Kaizen, or continuous improvement, with a set of curated tools designed to create enduring impact. VES is organized around Operational Excellence, Growth, and Leadership, and rooted in foundational tools known as the VES Fundamentals, which are relevant to every associate and business function. These fundamentals focus on core competencies such as using visual representations of processes to identify inefficiencies, creating standard work, defining and solving problems in a structured way, and continuously improving processes to drive long term impact. Our use of VES tools to continuously refine our processes also contributes to our effectiveness in supporting our customers as they seek to optimize their own operations and meet their environmental and sustainability goals. We believe that our ability to use VES tools to improve across these dimensions will increase customer satisfaction and help us maintain and grow our competitive advantage. Looking Ahead As we begin 2024, we see significant opportunities to create future value through the combination of durable core sales growth, continuous operating improvement, and disciplined capital allocation. We are confident that the essential need for our technology solutions and the strong secular growth drivers of our end markets provide a strong foundation for growth. We have a proven system in VES to drive continuous improvement. And we intend to re-invest the substantial cash flow we generate in high- return organic growth initiatives and acquisitions with attractive returns on investment that strategically expand our offerings and help us address new and emerging challenges impacting our customers. We believe Veralto has a compelling opportunity to create future value and our team looks forward to earning your trust as we focus on compounding growth through customer-inspired ingenuity, disciplined capital allocation, and continuous improvement that yields positive, enduring impact. Sincerely, Jennifer L. Honeycutt President & Chief Executive Officer Veralto Corporation

Financial Operating Highlights 2023 2022 Sales $ 5,021 $ 4,870 Operating Profit $ 1,140 $ 1,112 Net Earnings $ 839 $ 845 Net Earnings per Common Share (diluted) $ 3.40 $ 3.43 Operating Cash Flow $ 963 $ 870 Investing Cash Flow $ (55) $ (89) Financing Cash Flow $ (135) $ (781) Capital Expenditures $ (54) $ (34) Capital Disposals $ 2 $ - Number of Associates 16,000 16,000 Total Assets $ 5,693 $ 4,825 Total Debt $ 2,629 $ - Total Equity $ 1,389 $ 3,240 Total Capitalization (Total Debt plus Equity) $ 4,018 $ 3,240 Refer to Note 1 within the 2023 Annual Report on Form 10-K for further discussion on the basis of presentation.

2023 Segment Revenues Water Quality - $3.0M Product Quality and Innovation - $2.0M All pie charts represent total 2023 revenue.

Directors JENNIFER L. HONEYCUTT President and Chief Executive Officer Veralto Corporation LINDA H. FILLER Chair of the Board Former President of Retail Products, Chief Marketing Officer, and Chief Merchandising Officer Walgreen Co. FRANÇOISE COLPRON Retired Group President, North America Valeo SA DANIEL L. COMAS Retired Executive Vice President Danaher Corporation SHYAM P. KAMBEYANDA President and Chief Executive Officer and Director ESAB Corporation WILLIAM H. KING Senior Vice President Strategic Development Danaher Corporation WALTER G. LOHR, JR. Retired partner Hogan Lovells HEATH A. MITTS Executive Vice President and Chief Financial Officer TE Connectivity JOHN T. SCHWIETERS Former Principal Perseus TDC CINDY L. WALLIS-LAGE Retired Executive Director, Sustainability and Resilience Black & Veatch Holding Company THOMAS L. WILLIAMS Retired Executive Chairman Parker Hannifin Corporation Executive Officers JENNIFER L. HONEYCUTT President and Chief Executive Officer MELISSA AQUINO Senior Vice President, Water Quality MATTIAS BYSTRÖM Senior Vice President, Product Quality and Innovation LESLEY BENETEAU Senior Vice President and Chief Human Resources Officer SCOTT BENIGNI Senior Vice President, Veralto Enterprise System VANEET MALHOTRA Senior Vice President, Corporate Development PAXTON MCVOY Senior Vice President and Chief Information Officer SAMEER RALHAN Senior Vice President and Chief Financial Officer SYLVIA STEIN Senior Vice President and Chief Legal Officer SUREKHA TRIVEDI Senior Vice President, Strategy and Sustainability

Our Transfer Agent Computershare can help you with a variety of shareholder-related services, including change of address, lost stock certificates, transfer of stock to another person and additional administrative services. Computershare can be reached at: P.O. Box 43006, Providence, RI 02940-3006 Toll-free: 800.736.3001 | Outside the U.S.: +1.781.575.3100 | computershare.com Investor Relations This annual report, along with a variety of other financial materials, can be viewed at veralto.com. Additional inquiries can be directed to Veralto Investor Relations: 225 Wyman Street, Suite 250, Waltham, MA 02451 Phone: 781.755.3655 | E-mail: investors@veralto.com Auditors Ernst & Young LLP Stock Listing New York Stock Exchange Symbol: VLTO