Baxter Hillrom Acquisition Presentation

Hillrom's transformation¹ Connected Care Strategy Offering connected care solutions to address pain points² 20%+ Connected Care 2021 Expected Revenue Growth Revenue Mix Shift Portfolio evolution and innovation driving non-capital revenue mix growth ~50% ~70% <20% Śmart Beds,- <15% ~30% ~15% Connected Care FY 2018 FY 2021 Outlook 1Fiscal year ended 9/30/2020. 2% of total annual revenue. Baxter $2.9B ~65% $1.5B ~50% Non-Capital ~10% Other Capital ~15% ~25% Bed Systems ~35% FY 2010 FY 2020 H* Hillrom. 9

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