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Merit Medical Q1 2019 Earnings Report

Reconciliation of Reported Gross Margin to Non-GAAP Gross Margin (Non-GAAP) (Unaudited, as a percentage of reported revenue) Reported Gross Margin Add back impact of: Amortization of intangibles Inventory mark-up related to acquisitions Non-GAAP Gross Margin MA MERITMEDICA Three Months Ended March 31, 2019 2018 43.9% 43.4% 5.0% 3.2% 0.3% 0.9% 49.2% 47.5% 25 25

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