STERIS subsidiary Isomedix settles EO personal injury claims for up to $48.15M

STERIS plc

Up to $48.15M settlement for substantially all pending EO injury claims in Cook County, IL.
No admission of liability; walkaway rights if conditions not met.
$48.15M charge recorded in FY2025 (ending March 31, 2025), excluded from adjusted earnings.
Settlement funded with cash and revolver borrowings; claims administration process up to 10 months.
Isomedix anticipates dismissal of all covered EO claims upon administration completion and court approval.

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