Dover — Apr 24, 2025 release

Adjusted EPS Guidance Reconciliation Range 2025 Guidance for Earnings per Share from Continuing Operations (GAAP) $ 8.04   $ 8.24   Purchase accounting expenses, net 1.12 Restructuring and other costs, net 0.05 Gain on dispositions, net (0.01) 2025 Guidance for Adjusted Earnings per Share from Continuing Operations (Non-GAAP) $ 9.20   $ 9.40   * Per share data and totals may be impacted by rounding. IS - 7 DOVER CORPORATION QUARTERLY CASH FLOW AND FREE CASH FLOW (NON-GAAP) (unaudited)(in thousands) Quarterly Cash Flow 2025 2024 Q1 Q1 Q2 Q3 Q4 FY 2024 Net Cash Flows Provided By (Used In): Operating activities $ 157,474  $ 146,456  $ 149,181  $ 353,244  $ 438,952  $ 1,087,833   Investing activities (74,186) 432,416  33,215  (402,512) (90,102) (26,983) Financing activities (122,234) (80,782) (830,657) 92,994  (453,228) (1,271,673) Quarterly Free Cash Flow (Non-GAAP) 2025 2024 Q1 Q1 Q2 Q3 Q4 FY 2024 Cash flow from operating activities 1 $ 157,474  $ 146,456  $ 149,181  $ 353,244  $ 438,952  $ 1,087,833   Less: Capital expenditures (48,192) (40,050) (35,822) (37,754) (53,907) (167,533) Free cash flow $ 109,282  $ 106,406  $ 113,359  $ 315,490  $ 385,045  $ 920,300   Cash flow from operating activities as a percentage of revenue 8.4 % 7.8 % 7.7 % 17.8 % 22.7 % 14.0 % Cash flow from operating activities as a percentage of adjusted earnings from continuing operations 55.6 % 60.8 % 51.3 % 112.5 % 144.1 % 94.6 % Free cash flow as a percentage of revenue 5.9 % 5.6 % 5.8 % 15.9 % 20.0 % 11.9 % Free cash flow as a percentage of