April 7, 2021

Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation

EVERETT, Wash.–(BUSINESS WIRE)–Fortive Corporation (“Fortive”) (NYSE: FTV) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation (“TRC”) for TRC to purchase for cash up to 2,000,000 shares, or approximately 0.59%, of the outstanding common stock of Fortive, at a price of $68.00 per share. TRC’s offer price of $68.00 per share represents a 4.57% discount to the closing price per share of Fortive’s common stock on March 26, 2021, the last trading day befo

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