Vontier Completes Divestiture of Teletrac Navman

About this update from Vontier Corporation

RALEIGH, N.C., July 06, 2026--(BUSINESS WIRE)--Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced the completion of the previously announced sale of a majority of Teletrac Navman, its global fleet management, telematics and asset management business. As previously disclosed, the total transaction is valued at $220 million including cash proceeds to Vontier of approximately $80 million. In anticipation of these proceeds and consistent with its stated capital allocation policy, Vontier has completed share repurchases of $130 million during the second quarter. Financial results for the Teletrac business have historically been reported within the Mobility Technologies segment of Vontier and will now be excluded from continuing operations as of the completion date – June 30, 2026. ABOUT VONTIER Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier powers the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company's website at www.vontier.com. FORWARD-LOOKING STATEMENTS This release contains forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to statements regarding Vontier Corporation's (the "Company's") business and acquisition opportunities, anticipated sales growth, anticipated adjusted operating margin expansion, anticipated adjusted net earnings per share, anticipated adjusted cash flow conversion, and anticipated earnings growth, and any other statements identified by their use of words like "anticipate," "expect," "believe," "outlook," "guidance," or "will" or other words of similar meaning. There are a number of important risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those sugges...

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