Medtronic — Nov 19, 2024 release

“We’re restoring our earnings power through our focus on underlying margin improvement, delivering another quarter of high-single digit constant currency adjusted EPS growth,” said Gary Corona, Medtronic interim chief financial officer. “And now, as the impact from foreign currency abates, we expect to report high-single digit adjusted EPS growth in the back half of our fiscal year, in line with our long-term commitment to deliver durable, mid-single digit organic revenue growth with EPS leverage.” 5 FY24 Impact Report Today, Medtronic released its FY24 Impact Report demonstrating the company’s sustainability progress. Medtronic also launched a new Impact webpage and FY24 Highlights Report featuring notable key performance indicators and stories, as well as an online Data Hub that shows the company’s commitment to transparent disclosure and reporting: • Achieved 2025 goal to reduce greenhouse gas intensity by 50% a year early, with a 52% reduction in FY24 • Exceeded goal to reduce aggregate product complaint rate by 10% for identified product families, with a 33% reduction in FY24 • More than 78 million patients served through expanded access strategies • $2.7B spent in R&D investments to drive innovation Video Webcast Information Medtronic will host a video webcast today, November 19, at 8:00 a.m. EST (7:00 a.m. CST) to provide information about its businesses for the public, investors, analysts, and news media. This webcast can be accessed by clicking on the Events icon at investorrelations.medtronic.