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A medical technology company, Enovis makes orthopedic braces, bone growth stimulators, pain management devices, and surgical implants for joint replacement and limb reconstruction. It grew out of the 1995 founding of Colfax by the Rales brothers, who bought DJO (maker of the well-known DonJoy knee braces) in 2019, then spun off their welding business in 2022 and renamed the rest Enovis—a name blending "innovation" and "vision."
Enovis stockholders approve 2020 Omnibus Incentive Plan amendment adding 3.65M shares
At the May 19, 2026 Annual Meeting, stockholders approved an amendment to the 2020 Omnibus Incentive Plan, authorizing an additional 3,650,000 shares of common stock for issuance.
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The amendment increases the annual compensation limit for Outside Directors from $350,000 to $750,000, with a 200% limit in the year of initial election or appointment as lead director or chair.
All ten director nominees were elected, with vote totals ranging from approximately 50.96 million to 51.55 million votes 'for' each.
Stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for 2026, with 52,862,698 votes for.
The non-binding advisory vote on executive compensation was approved, with 49,531,111 votes for and 2,175,335 against.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
Enovis reports FY2025 net sales of $2.2B, up 7% reported, with net loss of $1,182M including $1,050M goodwill impairment
Fourth quarter 2025 net sales were $576 million, up 3% reported and 2% organic year-over-year.
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Full year 2025 net sales were $2.2 billion, up 7% reported and 6% organic; Reconstructive sales grew 10% reported and 8% organic, Prevention & Recovery grew 4% reported and organic.
Full year 2025 net loss from continuing operations was $1,182 million, including a non-cash goodwill impairment charge of $1,050 million; adjusted EBITDA was $403 million.
Fourth quarter 2025 net loss from continuing operations was $519 million, including a $501 million goodwill impairment charge; adjusted EBITDA was $112 million.
2026 guidance: revenue of $2.31-2.37 billion (4-6% organic growth), adjusted EBITDA of $425-435 million, and adjusted EPS of $3.52-$3.73.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Enovis to present at 44th Annual J.P. Morgan Healthcare Conference on Jan 12, 2026
A live webcast and copy of the presentation materials will be available at www.enovis.com, with a replay later in the day.
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Enovis Corporation's management will present at the 44th Annual J.P. Morgan Healthcare Conference on Monday, January 12, 2026 at 4:30 p.m. PST (7:30 p.m. EST).
The presentation materials are attached as Exhibit 99.1 to the Form 8-K.
The information is furnished under Item 7.01 Regulation FD Disclosure and is not incorporated by reference into any Enovis SEC filings.
The report was signed by Bradley J. Tandy, Senior Vice President and Chief Legal Officer.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Enovis CHRO Patricia Lang to retire; Laura Singleton named successor effective April 3, 2026
Patricia A. Lang, Senior Vice President and Chief Human Resources Officer, will retire from that role on April 3, 2026, then serve in an advisory role until April 3, 2027.
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Laura Singleton, currently VP of Human Resources for the Reconstructive segment, is expected to be appointed as the new Senior VP and CHRO on April 3, 2026.
Singleton joined Enovis in February 2019 via the DJO Global acquisition and previously held HR leadership roles at Toppan Photomasks, Ixia, and Millennium Laboratories.
Lang and Enovis entered a retirement transition agreement dated December 10, 2025, covering her non-executive role from April 3, 2026 to April 3, 2027.
During the transition period, Lang will receive her current base salary for six months, then a reduced salary (up to 50% less) for the remainder, while remaining eligible for company benefits and annual incentive plan.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Enovis amends credit agreement, extending maturities to 2030 and adding $1.1B revolver and $700M term loan
On December 8, 2025, Enovis Corporation entered into Amendment No. 3 to its existing Credit Agreement, with JPMorgan Chase Bank as administrative agent.
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The amended credit agreement provides a $1.1 billion revolving credit facility and a $700.0 million term loan facility, with all maturities extended to December 8, 2030.
Proceeds from the term loan facility were used to repay approximately $335.0 million of outstanding revolving borrowings, leaving $167.0 million outstanding under the revolver and $700.0 million under the term loan as of December 8, 2025.
The amendment lowers the acquisition threshold for a temporary leverage ratio increase from $500.0 million to $300.0 million, and raises the cash offset limit for leverage calculations from $150.0 million to $400.0 million.
Truist Bank, DNB Capital LLC, and Sumitomo Mitsui Banking Corporation joined as new lenders under the amended credit agreement.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
Enovis EVP Daniel A. Pryor steps down as executive officer, stays in advisory role through March 31, 2026
His departure is part of a management restructuring that eliminated his position of Executive Vice President, Strategy and Business Development, and is treated as a termination without cause under his employment agreement.
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Daniel A. Pryor agreed to step down as executive officer of Enovis Corporation effective November 7, 2025, and will remain as an employee in an advisory role until March 31, 2026.
Enovis and Pryor entered into a Separation and General Release Agreement dated November 14, 2025, under which he will provide transition services and continue to receive his current base salary and benefits until the Departure Date.
Pryor remains eligible for a 2025 cash bonus under the annual incentive plan, and his equity awards will continue vesting through the Departure Date, but he will receive no further equity grants.
After the Departure Date, subject to compliance, Pryor will receive cash payments equal to his annual base salary plus the greater of his target annual cash incentive or the average of the largest two annual cash incentives in the prior three years, plus a partial year bonus for 2026, 12 months of health benefits, and outplacement assistance capped at $75,000.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements