1 unchanged sentence
Medtronic has engaged in certain activities that it is required to disclose pursuant to Section 13(r)(1)(D)(ii) of the Securities Exchange Act of 1934, as amended.
−Removed: In particular, during the second quarter of fiscal year 2023, Medtronic engaged in certain regulatory activities involving Russia’s Federal Security Service (“FSB”) related to its medical devices that were expressly authorized by the U.S.
+Added: In particular, during the third quarter of fiscal year 2023, Medtronic engaged in certain regulatory activities involving Russia’s Federal Security Service (“FSB”) related to its medical devices that were expressly authorized by the U.S.
Government under applicable economic sanctions regulations.
−Removed: During the second quarter of fiscal year 2023 ending October 28, 2022, in the normal course of business and consistent with Office of Foreign Assets Control authorizations as in effect at the time, Medtronic Russia filed three notifications with the FSB, as required under local Russian law for the import of medical devices that make use of encryption functionality.
−Removed: These activities did not directly result in any revenues or profits for Medtronic.
+Added: During the third quarter of fiscal year 2023 ending January 27, 2023, in the normal course of business and consistent with Office of Foreign Assets Control authorizations as in effect at the time, Medtronic Russia filed on e notification with the FSB, as required under local Russian law for the import of medical devices that make use of encryption functionality.
+Added: This activity did not directly result in any revenues or profits for Medtronic.
To the extent that notifications with the FSB remain permissible under U.S.
law, Medtronic may decide to continue engaging in such activities for the limited purposes of complying with local law requirements in Russia.
+Added: Amendment No.
+Added: 4 and Extension Agreement to the Amended and Restated Credit Agreement dated as of December 12, 2022.
+Added: Annex I to Amendment No.
+Added: 4 and Extension Agreement to the Amended and Restated Credit Agreement dated as of December 12, 2022.
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
10 unchanged sentences
Medtronic plc
−Removed: December 1, 2022 /s/ Jennifer M.
+Added: March 1, 2023 /s/ Jennifer M.
Senior Vice President, Global Controller and Chief Accounting Officer (Principal Accounting Officer)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.