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Politan Provides Update on Why Masimo Shareholders Should Support Urgently Needed Leadership Change at Company’s 2024 Annual General Meeting

Politan Provides Update on Why Masimo Shareholders Should Support Urgently Needed Leadership Change at Company’s 2024 Annual General Meeting

Politan Capital Management (together with its affiliates, “Politan”), an 8.9% shareholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), today sent a letter to Masimo shareholders providing an update on the Company’s 2024 annual meeting of shareholders (the “Annual Meeting”) and reiterating why a majority of truly independent directors is urgently needed in Masimo’s boardroom. In the letter, Politan also discusses the current status of the litigation, including new material facts that have come to light during discovery.

Masimo’s annual meeting is currently scheduled for September 19, 2024. Additional information, including how to vote, can be found at www.AdvanceMasimo.com.