Notes: Fortive Corporation -- (NYSE: FTV) today announced that the Fortive Board of Directors has declared a pro rata dividend of 80.1% of the outstanding common stock of Vontier Corporation (“Vontier”) to Fortive shareholders of record as of the close of business on September 25, 2020 (the “Record Date”). The dividend is payable at 12:01 a.m. ET on October 9, 2020 (“Distribution Date”). As a result of the dividend, Fortive shareholders will receive two shares of Vontier common stock for every five shares of Fortive common stock they hold on the Record Date. Immediately following the dividend, Fortive will retain 19.9% of the outstanding shares of Vontier common stock, which Fortive intends to divest after the separation in a tax-efficient manner. Fractional shares of Vontier common stock will not be distributed to Fortive shareholders. Instead, the fractional shares of Vontier common stock will be aggregated and sold in the open market, with the net proceeds distributed pro rata in cash payments to the Fortive shareholders who otherwise would have received fractional shares of Vontier common stock. Fortive also announced that it expects “when-issued” trading of Vontier common stock to begin on September 24, 2020, on the New York Stock Exchange (“NYSE”), under the symbol “VNT WI.” “Regular-way” trading of Vontier common stock is expected to begin on NYSE on October 9, 2020, under the symbol “VNT.”