Varex Imaging (VREX) Proxy filing summary

Executive summary

• Entered into a definitive agreement to be acquired by Teledyne Technologies, a leader in digital imaging and engineered systems.

• Transaction expected to close in early 2027, with both companies operating independently until then.

• Communication emphasizes continuity of business operations and ongoing customer commitments during the transition.

• Forward-looking statements highlight anticipated synergies, enhanced resources, and global scale post-acquisition.

• Risks include regulatory approvals, integration challenges, and potential legal proceedings related to the merger.

Voting matters and shareholder proposals

• Special meeting of stockholders will be held to vote on adoption of the Merger Agreement.

• Proxy statement will be filed and mailed to stockholders with details on the proposed transaction.

Board of directors and corporate governance

• Directors and executive officers may be deemed participants in the proxy solicitation for the special meeting.

• Information on directors, executive compensation, and stock ownership is available in the annual proxy statement.