34959JAK4

• GAAP diluted EPS was $0.51; adjusted diluted EPS was $0.74, up 28.5% year-over-year.
• Adjusted EBITDA was $323 million, up 12.0% year-over-year; margin 29.5%.
• Completed ~$200 million of share repurchases in Q2; ~$2 billion over last four quarters.
• Raised FY 2026 adjusted diluted EPS guidance to $2.95–$3.05.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• At the June 9, 2026 annual meeting, Fortive shareholders elected all eight director nominees, each for a one-year term expiring at the 2027 annual meeting.
• The advisory vote on named executive officer compensation passed with 265,946,471 votes for, 15,686,260 against, and 174,890 abstentions.
• The ratification of Ernst & Young LLP as independent auditor for fiscal year 2026 passed with 274,297,484 votes for, 16,324,999 against, and 57,605 abstentions.
• The report was filed under Item 5.07 to disclose the results of the shareholder votes at the annual meeting.

5.07 Submission of Matters to a Vote of Security Holders

• Net proceeds will be used to refinance certain indebtedness, including repayment at maturity of its 3.150% senior notes due June 15, 2026, plus fees and expenses and general corporate purposes.
• The notes are unsecured, rank equally with existing and future unsecured unsubordinated debt, and are not guaranteed.
• The 2031 notes are redeemable at make-whole prior to April 15, 2031, and at par thereafter; the 2036 notes are redeemable at make-whole prior to February 15, 2036, and at par thereafter.
• A change of control triggering event would require Fortive to repurchase the notes at 101% of principal plus accrued interest.

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 · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• GAAP diluted EPS was $0.44; adjusted diluted EPS was $0.70, up 25.4%.
• Adjusted EBITDA was $314 million, up 13.2%, with margin of 29.3%.
• Completed ~$500 million of share repurchases in Q1.
• Reaffirmed FY 2026 adjusted EPS guidance of $2.90 to $3.00.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• The credit agreement provides a 5-year revolving credit facility of up to $2.0 billion, including a multicurrency borrowing feature; no funds were borrowed at closing.
• The facility extends the availability period from October 18, 2027 to March 17, 2031, with up to two one-year extension options and an option to increase commitments by up to $1.0 billion.
• Borrowings bear interest at variable rates based on Term SOFR or base rates plus margins ranging from 0 to 110 basis points, depending on currency and credit rating, with a facility fee of 6 to 15 basis points.
• The credit agreement includes a financial covenant requiring a Consolidated Net Leverage Ratio of 3.75 to 1.00 or less, with a temporary increase to 4.25 to 1.00 following certain large acquisitions.

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

• Full-year 2025 revenue was $4.16 billion, up 1.9% year-over-year; core revenue grew 1.7%.
• Q4 GAAP diluted EPS was $0.60, up 7.1%; adjusted diluted EPS was $0.90, up 12.5%.
• Full-year GAAP diluted EPS was $1.59, up 16.1%; adjusted diluted EPS was $2.71, up 12%.
• Company initiated FY 2026 adjusted diluted EPS guidance of $2.90 to $3.00.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• GAAP net income was $117 million (11.4% margin); adjusted EBITDA was $309 million (30.1% margin).
• GAAP diluted EPS was $0.35; adjusted diluted EPS was $0.68, up 15.3% year-over-year.
• Executed $1 billion of share repurchases, representing about 6% of diluted shares outstanding.
• Full-year 2025 adjusted diluted EPS guidance raised to $2.63-$2.67 from prior $2.50-$2.60.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• On October 13, 2025, Stacey Walker, Senior Vice President and Chief People Officer, notified Fortive of her retirement.
• Her retirement is effective January 2, 2026.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements