X0306 4 2020-06-08 0 0000884624 Orthofix Medical Inc. OFIX 0001618861 DOUG RICE 3451 PLANO PARKWAY LEWISVILLE TX 75056 0 1 0 0 CFO Performance Share Units 0.00 2020-06-08 4 A 0 12058 0.00 A Common Stock 12058 12058 D Represents market-based vesting performance stock units ("PSUs") that will settle as common stock on a one-for-one basis. The performance period of the grant is defined as June 8, 2020 to June 8, 2023. The PSUs will vest based on the percentile rank of the Company's total shareholder return ("TSR") over the performance period in relation to the TSR of the specified index companies. The index companies are based upon the companies included within the S&P Healthcare Select Sector index as of June 8, 2020, the grant date. In the event that the Company's TSR ranks at the 75th percentile or greater for the performance period, 200% of the PSUs will vest. In the event that the Company's TSR ranks between the 50th percentile and the 75th percentile, 100-200% of the PSUs will vest and 50-100% of the PSUs will vest if the Company's TSR ranks between the 25th percentile and 50th percentile. No PSUs will vest if the Company ranks below the 25th percentile. /s/ Kimberley A. Elting, Chief Legal and Administrative Officer, by power of attorney 2020-06-10