Below is information regarding calculating your cost basis in certain companies that Baxter has spun-off in one or more transactions. Those transactions most recently include the July 2015 spin-off of Baxalta Incorporated (which was subsequently acquired by Shire plc). While this information is intended to assist you in your calculations, it does not constitute tax advice. Additionally, it is not necessarily complete or describe the consequences that may apply to all persons that received shares in those transactions, including those that may be subject to non-U.S. tax regimes or filing requirements. With respect to the Baxalta spin-off, the information set forth below does not address the federal tax impact of Shire’s subsequent acquisition of Baxalta. We urge you to consult your own tax advisor regarding the particular consequences of any distribution or spin-off transaction to you, including the applicability and effect of all U.S. Federal, state & local and foreign tax laws.