Edwards Lifesciences Securities Settlement: Who Can File a Claim

The notice gives an overall estimate before court-approved deductions. A person’s payment depends on the allocation formula, documented transactions, recognized loss, and the total value of valid claims.

• The notice estimates an average recovery of about $0.66 per eligible share before court-approved fees, expenses, taxes, and administration costs.
• This is only an overall estimate, not a promised payment. Your amount can be higher or lower based on your trading history and the total value of valid claims.

Do not list shares held through an ERISA-covered Edwards employee benefit plan on this claim.

• Shares held through an Edwards employee benefit plan covered by ERISA should not be included on your claim form.
• You may include only Edwards shares you bought or acquired outside that ERISA plan.

The settlement covers Edwards common stock, not option contracts.

• Options themselves are not eligible for a payment.
• If you bought or sold Edwards common stock by exercising an option, the stock transaction may be considered. The relevant date is the option exercise date, and the price is the exercise price.

The proposed plan does not treat every Class Period transaction as producing a recognized loss.

• A share sold before the close of trading on July 24, 2024 has a recognized loss amount of $0 under the proposed allocation plan.
• Short sales and purchases used to cover short sales also have a recognized loss amount of $0.

This matching method can affect how the administrator calculates a claim.

• All purchases and sales from February 6, 2024 through October 22, 2024 are matched using “last in, first out” (LIFO).
• That means sales are first matched to the most recent earlier purchases, working backward, before any shares owned at the start of the Class Period are used.

The specific documentation standards are not provided in this notice.

• The notice requires adequate supporting documentation but does not list the exact documents required for a payment claim.
• Keep all records showing your ownership of and transactions in Edwards common stock. The notice says the parties and Claims Administrator do not have your transaction information.

Leaving the settlement is also called opting out. It preserves your ability to pursue your own related claim, but it gives up any payment from this settlement.

• To leave the settlement, mail a written Request for Exclusion so it is received by December 2, 2026.
• The request must give your contact information, state that you request exclusion in this case, list specified share holdings and Class Period transactions, and be signed.
• If you exclude yourself, you cannot receive money from this settlement.

A later payment is possible, but it is not guaranteed.

• If the first payment is made and money remains six months later, the administrator may make another distribution if Lead Counsel and the Claims Administrator decide it is cost-effective.
• Later distributions go only to authorized claimants who cashed their earlier payment and would receive at least $10 more.