| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Laabs Amanda H. | Chief Product Officer | C/O MEDLINE INC., 3 LAKES DRIVE, NORTHFIELD | /s/ Nicole Fritz, Attorney-in-Fact | 17 Dec 2025 | 0002061266 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | MDLN | Class B Common Stock | 251,070 | 17 Dec 2025 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | MDLN | Common Units of Medline Holdings, LP | 17 Dec 2025 | Class A Common Stock | 251,070 | See Footnote | F2 | |||||||
| holding | MDLN | Incentive Units of Medline Holdings, LP | 17 Dec 2025 | Class A Common Stock | 1,242,391 | $15.42 | See Footnote | F3, F4, F5 | ||||||
| holding | MDLN | Incentive Units of Medline Holdings, LP | 17 Dec 2025 | Class A Common Stock | 189,352 | $15.23 | See Footnote | F3, F4, F6 | ||||||
| holding | MDLN | Incentive Units of Medline Holdings, LP | 17 Dec 2025 | Class A Common Stock | 132,771 | $19.01 | See Footnote | F3, F4, F7 | ||||||
| holding | MDLN | Incentive Units of Medline Holdings, LP | 17 Dec 2025 | Class A Common Stock | 220,813 | $27.68 | See Footnote | F3, F4, F8 |
| Id | Content |
|---|---|
| F1 | Shares of the Issuer's Class B common stock ("Class B Common Stock") have no economic value and have one vote per share. One share of Class B Common Stock is issued for each common unit of Medline Holdings, LP ("Common Units") held. Upon an exchange of Common Units for shares of the Issuer's Class A common stock ("Class A Common Stock"), an equivalent number of shares of Class B Common Stock held by such holder will be automatically cancelled. |
| F2 | Pursuant to the terms of an exchange agreement, dated as of December 16, 2025 (the "Exchange Agreement"), holders have the right to exchange their Common Units for shares of Class A Common Stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications. These exchange rights do not expire. Such Common Units are held indirectly through Medline Management Aggregator LLC. |
| F3 | Reflect incentive units of Medline Holdings, LP ("Incentive Units"), which are "profit interests" having economic characteristics similar to stock appreciation rights. Vested Incentive Units are convertible, at the holder's election, into a number of Common Units generally equal to (a) the product of the number of vested Incentive Units to be converted with a given per unit participation threshold and then-current difference between the per unit value of a Common Unit at the time of the conversion (based on the public trading price of a share of Class A Common Stock) and the per unit participation threshold of such vested Incentive Units divided by (b) the per unit value of a Common Unit at the time of the conversion (based on the public trading price of a share of Class A Common Stock), subject to certain adjustments. |
| F4 | (Continued from Footnote 3 above) Common Units are exchangeable on a one-for-one basis for shares of Class A Common Stock pursuant to the terms of the Exchange Agreement. These Incentive Units have no expiration date. Such Incentive Units are held indirectly through Medline Management Aggregator LLC. |
| F5 | 80% of these Incentive Units have vested, and the remaining 20% vest on October 21, 2026. |
| F6 | 40% of these Incentive Units have vested, and the remaining 60% vest in three equal annual installments beginning on April 1, 2026. |
| F7 | 20% of these Incentive Units have vested, and the remaining 80% vest in four equal annual installments beginning on March 29, 2026. |
| F8 | These Incentive Units vest in five equal annual installments beginning on March 28, 2026. |
Exhibit 24 - Power of Attorney.