Slide 1: Settlement agreement – MDL mesh litigation
Settlement agreement – MDL mesh litigation Conference call presentation Mattias Perjos, President & CEO Lars Sandström, CFO December 8, 2021
Slide 2: Today's announcement in brief
Today’s announcement in brief Makes a concluding provision of additional SEK 600 M related to mesh MDL settlement • Getinge's subsidiary Atrium Medical Corporation has entered into a settlement agreement related to the multidistrict litigation (MDL) linked to surgical mesh product liability in the U
Slide 3: Conclusions related to the agreement I (II)
Conclusions related to the agreement I (II) Payouts are well covered for • The settlement agreement aims to conclude the multidistrict litigation with representatives for 3,200 plaintiffs • The settlement agreement is subject to certain contingencies, including participation by a certain high level
Slide 4: Conclusions related to the agreement II (II)
Conclusions related to the agreement II (II) Minor tail and insurance coverage Minor tail Insurance coverage not included in the provision • A minority may not accept the agreement between • Getinge holds related product liability insurance Atrium and plaintiffs’ representatives • Getinge is in a le
Slide 5: Q&A
Q&A Getinge I Presentation Mesh Settlement I December 2021 Page 5
Slide 6: Background
Background • Atrium Medical was acquired in 2011 • Surgical Mesh implant products represented a minor part of the business (revenue in 2017: USD 15 M) • The surgical mesh business is discontinued (and is not included as an asset in the balance sheet) Getinge I Presentation Mesh Settlement I December
Slide 7: Forward looking information
Forward looking information This document contains forward-looking information based on the current expectations of the Getinge’s management. Although management deems that the expectations presented by such forward-looking information are reasonable, no guarantee can be given that these expectation
Slide 8: Getinge – Passion for Life
“= Se A GETINGE PASSION FOR LIFE