MiniMed completes separation from Medtronic

• MiniMed completed its separation from Medtronic on Oct. 15, 2026, becoming a fully independent company.
• Medtronic accepted 55,032,401 Medtronic ordinary shares in exchange for 252,813,348 shares of MiniMed common stock.
• The exchange offer was 5.4 times subscribed. Medtronic no longer holds an equity stake in the business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MiniMed Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610151000PR_NEWS_USPR_____LA72503) on October 15, 2026, and is solely responsible for the information contained therein.