Following a comprehensive onsite assessment of the impact of Hurricane Maria, Zimmer Biomet has confirmed that its manufacturing facilities in Guaynabo, Puerto Rico and Ponce, Puerto Rico sustained relatively minor damage from the storm. The Company's manufacturing operations at both Puerto Rico plants have been partially restored and are expected to gradually ramp up over the coming weeks as central power is brought back online in Guaynabo and Ponce. The Company estimates that current inventory levels are sufficient to mitigate the near-term production disruptions at the two Puerto Rico facilities.

While Zimmer Biomet works to bring manufacturing operations back online and restore full operational capacity, the Company continues to support its employees, their families and customers affected by Hurricane Maria.

Cautionary Statement Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements concerning Zimmer Biomet's expectations, plans, prospects, and product and service offerings, including new product launches and potential clinical successes. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks, uncertainties and changes in circumstances that could cause actual outcomes and results to differ materially. For a list and description of some of such risks and uncertainties, see Zimmer Biomet's periodic reports filed with the U.S. Securities and Exchange Commission (SEC). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in Zimmer Biomet's filings with the SEC. Forward-looking statements speak only as of the date they are made, and Zimmer Biomet disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers of this communication are cautioned not to rely on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary statement is applicable to all forward-looking statements contained in this communication.

Zimmer Biomet Holdings Inc. published this content on 04 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 October 2017 20:34:06 UTC.

Original documenthttp://investor.zimmerbiomet.com/news-and-events/news/2017/10-04-2017

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