Cardinal Health — Nov 1, 2024 release

The company also updated its Global Medical Products and Distribution segment profit outlook to $140 million to $175 million, from approximately $175 million, primarily due to the impact of higher health and welfare costs. Additionally, the company updated expectations for its adjusted free cash flow to $1.0 billion to $1.5 billion, from approximately $1.0 billion. Cardinal Health Page 3 Recent highlights • Cardinal Health announced in September that the company entered into a definitive agreement to acquire Integrated Oncology Network (ION), a physician-led independent community oncology network, for $1.1B in cash. The acquisition accelerates the development of Navista oncology alliance, providing additional capabilities supporting independent community practices and adding more than 100 providers delivering broad-reaching oncology and urology care across 10 states. • Cardinal Health initiated a $375M accelerated share repurchase program in the first quarter, which was completed in October • Cardinal Health announced plans to open a new, modernized distribution center in Walton Hills, Ohio, supporting its Global Medical Products and Distribution business, in spring 2025 • Cardinal Health was ranked 17th on World's Best Companies of 2024 list by TIME Upcoming webcasted investor events • UBS Global Healthcare Conference at 11:00 a.m. EST, November 12, 2024 • Citi Global Healthcare Crossroads Conference at 8:00 a.m. EST, December 3, 2024 • Evercore ISI Healthcare Conference at 1:30 p.m. EST, December 3, 2024 •