Varex Imaging (VREX) investor relations material

Executive summary

• Teledyne has announced a proposed acquisition of Varex, with both companies operating independently until the transaction closes, expected in early 2027.

• Customers are assured of continuity in service, support, and contractual commitments throughout the transition period.

• The transaction aims to strengthen long-term investment in technology, manufacturing, and innovation.

• Forward-looking statements highlight anticipated synergies and benefits but caution about risks and uncertainties that could affect the outcome.

Voting matters and shareholder proposals

• A special meeting of stockholders will be held to vote on the adoption of the Merger Agreement between Varex and Teledyne.

• Stockholders are urged to review the proxy statement and related materials when available, as they will contain important information about the transaction.

Board of directors and corporate governance

• Certain directors and executive officers of Varex may be deemed participants in the solicitation of proxies for the special meeting.

• Information about directors, executive officers, and their security holdings is available in recent SEC filings and will be updated in the definitive proxy statement.