Edwards Lifesciences Corporation · NYSE:EW
Edwards Lifesciences — Shareholder Meeting (March 2023)
11 slides from Edwards Lifesciences's shareholder meeting presentation, Mar 28, 2023
Slide 1: Edwards Lifesciences Spring 2023 Stockholder Engagement
Edwards Lifesciences Spring 2023 Stockholder Engagement
Slide 2: Cautionary Statement and Use of Non-GAAP Financial Measures
Cautionary Statement and Use of Non-GAAP Financial Measures 2 This presentation may include forward-looking statements, including, but not limited to, financial forecasts, that involve risks and uncertainties that could cause actual results or experience to differ materially from historical result
Slide 3: We Request Your Support at the 2023 Annual Meeting of Stockholders
We Request Your Support at the 2023 Annual Meeting of Stockholders 3 Proposal 1. FOR Election of Nine Director Nominees Proposal 2. FOR Advisory Vote to Approve Named Executive Officer Compensation Proposal 3. ONE YEAR Advisory Vote to Approve Frequency of Future Advisory Votes on Named Executive Of
Slide 4: Our Credo
Our Credo We will celebrate our successes, thrive on discovery, and continually expand our boundaries. We will act boldly, decisively, and with determination on behalf of people fighting cardiovascular disease. At Edwards Lifesciences, we are dedicated to providing innovative solutions for people fi
Slide 5: Edwards Lifesciences at a Glance
Edwards Lifesciences at a Glance 5 COMPANY OVERVIEW 800K+ Patients Treated with Transcatheter Therapies 85%+ Charitable employee engagement ~95% Sales from Products with #1 Global Position PATIENT-FOCUSED INNOVATION STRATEGY Lead groundbreaking standards of care through trusted relationships Leaders
Slide 6: Patient-Focused Innovation Strategy has Produced Sustained Sales Growth
Edwards Lifesciences SPSIHE S&P 500 Edwards’ Patient-Focused Innovation Strategy has Produced Sustained Sales Growth 6 $1.9 $2.0 $2.3 $2.5 $3.0 $3.4 $3.7 $4.3 $4.4 $5.2 $5.4 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E Edwards Sales ($ in billions) $5.6 - $6.0(1) Focused on opportuni
Slide 7: CEO Pay Element Components and Performance Measures
CEO Pay Element Components Corporate Performance Measures & Rationale Base Salary Cash Attract and retain qualified executives Annual Cash Incentive(1) Corporate Financial Measurement Based on underlying revenue growth, adjusted earnings per share, and adjusted free cash flow targets set at the
Slide 8: Refreshed Board with a Thoughtful Leadership Structure
33% 56% 11% Tenure 33.3% 66.7% Gender Men Women Refreshed Board with a Thoughtful Leadership Structure 8 Michael A. Mussallem(1) Joined in 2000 Non-executive Chairman, Edwards Lifesciences Bernard J. Zovighian(2) 2023 Nominee CEO, Edwards Lifesciences Medical Technology Industry Experience Internati
Slide 9: Board Recommends Vote Against the Proposal Regarding Independent Board Chairman
Board Recommends Vote Against the Proposal Regarding Independent Board Chairman 9 EFFECTIVE INDEPENDENT LEADERSHIP ROBUST LEAD INDEPENDENT DIRECTOR RESPONSIBILITIES Reviews and approves Board meeting agendas, time allotments and information provided to directors Serves as a liaison between the i
Slide 10: Commitment to Stockholder Engagement and Responsiveness
10 Commitment to Stockholder Engagement and Responsiveness We have consistently contacted stockholders holding >50% of outstanding stock each year since 2015 to discuss topics of interest with active participation from our Lead Independent Director 20 2 3 20 1 9 20 1 5 DISCUSSION TOPICS Governance f
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