8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported) May 20, 2022

TELEFLEX INCORPORATED

(Exact name of Registrant as Specified in Its Charter)

Delaware	1-5353	23-1147939
(State or Other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(IRS Employer Identification No.)

550 E. Swedesford Rd., Suite 400	Wayne,	PA		19087
(Address of Principal Executive Offices)				(Zip Code)
Registrant’s Telephone Number, Including Area Code		(610)	225-6800

Not applicable

(Former Name or Former Address, If Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:
	Title of each class	Trading Symbol(s)	Name of each exchange on which registered
	Common Stock, par value $1 per share	TFX	New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure.

On May 20, 2022, Teleflex Incorporated (the “Company”) issued a press release (the “Press Release”) announcing its longer-term financial goals and objectives, which the Company planned to discuss later in the day during its previously announced analyst and investor conference. The Press Release also reaffirmed the Company's previously provided 2022 GAAP and constant currency revenue growth guidance and its 2022 GAAP and adjusted earnings per share guidance. A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report. A copy of the slide presentation the Company plans to reference during the conference is furnished as Exhibit 99.2 to this Current Report.

The information furnished pursuant to Item 7.01 of this Current Report, including Exhibits 99.1 and 99.2 hereto, shall not be considered “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of such section, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth in such future filing that such information is to be considered “filed” or incorporated by reference therein.

Forward-Looking Statements

This Current Report on Form 8-K and the information provided herein contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about our business and the industry and markets in which we operate. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements due to a number of factors, including: the adverse economic conditions associated with the COVID-19 global health pandemic and the associated financial crisis, stay-at-home and other orders, which may significantly reduce customer spending and which may have a negative impact on the Company’s business, changes in business relationships with and purchases by or from major customers or suppliers; delays or cancellations in shipments; demand for and market acceptance of new and existing products; our inability to provide products to our customers, which may be due to, among other things, events that impact key distributors, suppliers and third-party vendors that sterilize our products; our inability to integrate acquired businesses into our operations, realize planned synergies and operate such businesses profitably in accordance with our expectations; the inability of acquired businesses to generate revenues in accordance with our expectations; our inability to effectively execute our restructuring plans and programs; our inability to realize anticipated savings from restructuring plans and programs; the impact of healthcare reform legislation and proposals to amend, replace or repeal the legislation; changes in Medicare, Medicaid and third party coverage and reimbursements; the impact of enacted tax legislation and related regulations; competitive market conditions and resulting effects on revenues and pricing; increases in raw material costs that cannot be recovered in product pricing; global economic factors, including currency exchange rates, interest rates, trade disputes, sovereign debt issues and international conflicts and hostilities, such as the ongoing conflict between Russia and Ukraine; public health epidemics; difficulties in entering new markets; general economic conditions; and other factors described or incorporated in our filings with the Securities and Exchange Commission, including our most recently filed Annual Report on Form 10-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

        99.1    Press Release, dated May 20, 2022

        99.2    Analyst and Investor Conference Presentation

        104    The Cover Page from this Current Report on Form 8-K, formatted in Inline XBRL

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.    

Date: May 20, 2022 TELEFLEX INCORPORATED

By: /s/ Liam J. Kelly Name: Liam J. Kelly Title: Chairman, President and             Chief Executive Officer

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE                                 

May 20, 2022

Teleflex Hosts 2022 Analyst & Investor Day

Wayne, PA -- Teleflex Incorporated (NYSE: TFX), a leading global provider of medical devices, will provide an update on its business and address its 2023-2025 business growth strategy and financial goals during its 2022 Analyst & Investor Day today in New York City. A live webcast of the event presentations will begin at 10:00 a.m. ET and the accompanying presentation materials will be available at that time on the Company’s web site at teleflex.com.

“Teleflex is pleased to provide our 3-year growth strategy and share an in-depth update on the key aspects of our business that we believe will be instrumental to our operating and financial performance over this period,” said Liam Kelly, Chairman, President and Chief Executive Officer. “Over the past several years, we have built a strong foundation for revenue growth driven by an expanding portfolio of growth drivers and our durable core products. With a broad global infrastructure, strong competitive positions, and a strategic focus on offering solutions that address major healthcare challenges around the world, we are well-positioned to capitalize on the many growth opportunities that are currently emerging within our marketplace.”

Mr. Kelly continued, “We intend to continue to pursue business optimization opportunities that drive margin improvement and target acquisition candidates that complement our existing business, have differentiated products, and can strengthen our financial profile. We expect our 3-year growth strategy to accelerate the Company’s revenue growth, deliver gross and operating margin expansion and generate strong free cash flow. At the same time, we will continue to focus on our core values, advance corporate social responsibility, and foster an inclusive culture.”

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2022 Outlook

The Company reaffirms its previously provided financial guidance for 2022:

On a GAAP basis, full year 2022 revenues are expected to increase by 2.3% to 3.8%, reflecting our estimate of an approximately 1.7% negative impact of foreign exchange rate fluctuations. On a constant currency basis, the Company expects full year 2022 revenue growth of 4.0% to 5.5%, inclusive of an approximately 1.5% year-over-year headwind from the initial phase of the respiratory divestiture completed on June 28, 2021.

The Company expects full year 2022 GAAP diluted earnings per share from continuing operations of $8.85 to $9.45. The Company estimates 2022 adjusted diluted earnings per share from continuing operations of $13.70 to $14.30, representing a 2.8% to 7.3% increase year-over-year. The divestiture of the respiratory assets is estimated to be dilutive to 2022 adjusted earnings per share by $0.16.

Forecasted 2022 Constant Currency Revenue Growth Reconciliation

	Low	High
Forecasted 2022 GAAP revenue growth	2.3%	3.8%
Estimated impact of foreign currency exchange rate fluctuations	(1.7)%	(1.7)%
Forecasted 2022 constant currency revenue growth	4.0%	5.5%

Forecasted 2022 Adjusted Diluted Earnings Per Share From Continuing Operations Reconciliation

	Low	High
Forecasted GAAP diluted earnings per share from continuing operations	$8.85	$9.45
Restructuring, restructuring related and impairment items, net of tax	$0.76	$0.76
Acquisition, integration and divestiture related items, net of tax	$0.01	$0.01
Other items, net of tax	$0.00	$0.00
MDR	$0.79	$0.79
Intangible amortization expense, net of tax	$3.29	$3.29
Forecasted adjusted diluted earnings per share from continuing operations	$13.70	$14.30

2023-2025 Financial Goals and Objectives

•6-7% compounded annual constant currency revenue growth rate from year-end 2022 through year-end 2025

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•Adjusted gross margin expansion of 250-350 basis points by year-end 2025, as compared to year-end 2022

•Adjusted operating margin expansion of 200-300 basis points by year-end 2025, as compared to year-end 2022

•Cumulative free cash flow generation of at least $1.7 billion from 2023 through 2025

Reconciliation of Forecasted Free Cash Flow 2023-2025

Dollars in Millions

2023 to 2025 Cumulative
Forecasted net cash provided by operating activities from continuing operations	$	1,980
Less: Forecasted capital expenditures	$	280
Forecasted Free Cash Flow	$	1,700

Analyst and Investor Day Webcast

The live webcast of the 2022 Investor & Analyst Day presentations, including slide presentations, will be available on the Company’s website: teleflex.com. A replay of the presentations and any related materials will be available on the Company’s website following the conclusion of the event.

NOTES ON NON-GAAP FINANCIAL MEASURES

We report our financial results in accordance with accounting principles generally accepted in the United States, commonly referred to as “GAAP.” In this press release, we provide supplemental information, consisting of the following non-GAAP financial measures: constant currency revenue growth, adjusted diluted earnings per share, adjusted gross margin expansion, adjusted operating margin expansion and free cash flow. These non-GAAP measures are described in more detail below. Management uses these financial measures to assess Teleflex’s financial performance, make operating decisions, allocate financial resources, provide guidance on possible future results, and assist in its evaluation of period-to-period and peer comparisons. The non-GAAP measures may be useful to investors because they provide insight into management’s assessment of our business and provide supplemental information pertinent to a comparison of period-to-period results of our ongoing operations. The non-GAAP financial measures are presented in addition to results presented in accordance with GAAP and should not be relied upon as a substitute for GAAP financial measures. Moreover, our non-GAAP financial measures may not be comparable to similarly titled measures used by other companies.

Tables reconciling forecasted 2022 constant currency revenue growth, forecasted 2022 adjusted earnings per share and our goals related to cumulative free cash flow growth generation from 2023 to 2025 to the most directly comparable GAAP measures are set forth above. We have not provided a reconciliation of our goals related to constant currency revenue growth because future changes in foreign exchange rates over the 2023-2025 period are not reasonably predictable. Similarly, we have not provided a reconciliation of our goals related to expansion of adjusted gross and operating margins during the three-year period through 2025 to the most comparable GAAP measures because, in each

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case, the calculation of the GAAP measure would involve the addition of items (such as restructuring, restructuring related and impairment items, as well as acquisition, integration and divestiture related items) the occurrence or amount of which over the 2023-2025 period are not reasonably predictable.

Constant currency revenue growth: This non-GAAP measure is based upon net revenues, adjusted to eliminate the impact of translating the results of international subsidiaries at different currency exchange rates from period to period. The impact of changes in foreign currency may vary significantly from period to period, and such changes generally are outside of the control of our management. We believe that this measure facilitates a comparison of our operating performance exclusive of currency exchange rate fluctuations that do not reflect our underlying performance or business trends.

Adjusted diluted earnings per share: This non-GAAP measure is based upon diluted earnings per share from continuing operations, the most directly comparable GAAP measure, adjusted to exclude, depending on the period presented, the items described below. Management does not believe that any of the excluded items are indicative of our underlying core performance or business trends.

Adjusted gross margin:This non-GAAP measure is based upon gross margin, the most directly comparable GAAP measure, adjusted to exclude, depending on the period presented, the items described below. Management does not believe that any of the excluded items are indicative of our underlying core performance or business trends.

Adjusted operating margin: This non-GAAP measure is based upon income from continuing operations before interest, loss on extinguishment of debt and taxes as a percentage of revenue, the most directly comparable GAAP measure, adjusted to exclude, depending on the period presented, the items described below. Management does not believe that any of the excluded items are indicative of our underlying core performance or business trends.

Restructuring, restructuring related and impairment items - Restructuring programs involve discrete initiatives designed to, among other things, consolidate or relocate manufacturing, administrative and other facilities, outsource distribution operations, improve operating efficiencies and integrate acquired businesses. Depending on the specific restructuring program involved, our restructuring charges may include employee termination, contract termination, facility closure, employee relocation, equipment relocation, outplacement and other exit costs associated with the restructuring program. Restructuring related charges are directly related to our restructuring programs and consist of facility consolidation costs, including accelerated depreciation expense related to facility closures, costs to transfer manufacturing operations between locations, and retention bonuses offered to certain employees as an incentive for them to remain with our company after completion of the restructuring program. Impairment charges occur if, due to events or changes in circumstances, we determine that the carrying value of an asset exceeds its fair value. Impairment charges do not directly affect our liquidity, but could have a material adverse effect on our reported financial results.

Acquisition, integration and divestiture related items - Acquisition and integration expenses are incremental charges, other than restructuring or restructuring related expenses, that are directly related to specific business or asset acquisition transactions. These charges may include, among other things, professional, consulting and other fees; systems integration costs; legal entity restructuring expense; inventory step-up amortization (amortization, through cost of goods sold, of the increase in fair value of inventory resulting from a fair value calculation as of the acquisition date); fair value adjustments to contingent consideration liabilities; and bridge loan facility and backstop financing fees in connection with loan facilities that ultimately were not utilized. Divestiture related activities involve specific business or asset sales. Depending primarily on the terms of a divestiture transaction, the carrying value of the divested business or assets on our financial statements and other costs we incur as a direct result of the

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divestiture transaction, we may recognize a gain or loss in connection with the divestiture related activities.

European medical device regulation - The European Union (“EU”) has adopted the EU Medical Device Regulation (“MDR”), which replaces the existing Medical Devices Directive (“MDD”) and imposes more stringent requirements for the marketing and sale of medical devices in the EU, including requirements affecting clinical evaluations, quality systems and post-market surveillance. The MDR requirements became effective in May 2021, although certain devices that previously satisfied MDD requirements can continue to be marketed in the EU until May 2024, subject to certain limitations. Significantly, the MDR will require the re-registration of previously approved medical devices. As a result, Teleflex will incur expenditures in connection with the new registration of medical devices that previously had been registered under the MDD. Therefore, these expenditures are not considered to be ordinary course expenditures in connection with regulatory matters (in contrast, no adjustment has been made to exclude expenditures related to the registration of medical devices that were not registered previously under the MDD).

Intangible amortization expense - Certain intangible assets, including customer relationships, intellectual property, distribution rights, trade names and non-competition agreements, initially are recorded at historical cost and then amortized over their respective estimated useful lives. The amount of such amortization can vary from period to period as a result of, among other things, business or asset acquisitions or dispositions.

Tax adjustments - These adjustments represent the impact of the expiration of applicable statutes of limitations for prior year returns, the resolution of audits, the filing of amended returns with respect to prior tax years and/or tax law or certain other discrete changes affecting our deferred tax liability.

Other items - These are discrete items that occur sporadically and can affect period-to-period comparisons.

Free Cash Flow: This non-GAAP measure is based upon cash flow from continuing operations, adjusted to exclude capital expenditures. Management believes that free cash flow is a useful measure to investors because it facilitates an assessment of funds available to satisfy current and future obligations, pay dividends and fund acquisitions. We also use this financial measure for internal managerial purposes and to evaluate period-to-period comparisons. Free cash flow is not a measure of cash available for discretionary expenditures since we have certain non-discretionary obligations, such as debt service, that are not deducted from the measure.

CAUTION CONCERNING FORWARD-LOOKING INFORMATION

This press release contains forward-looking statements, including, but not limited to, forecasted 2022 GAAP and constant currency revenue growth; forecasted 2022 GAAP and adjusted diluted earnings per share; and estimated 2023-2025 financial targets with respect to constant currency revenue growth, adjusted gross and operating margin expansion and free cash flow generation. Actual results could differ materially from those in the forward-looking statements due to, among other things, the adverse economic conditions associated with the COVID-19 global health pandemic and the associated financial crisis, stay-at-home and other orders, which may significantly reduce customer spending and which may have a negative impact on the Company’s business, changes in business relationships with and purchases by or from major customers or suppliers; delays or cancellations in shipments; demand for and market acceptance of new and existing products; our inability to provide products to our customers, which may be due to, among other things, events that impact key distributors, suppliers and third-party vendors that sterilize our products; our inability to integrate acquired businesses into our operations, realize planned synergies and operate such businesses profitably in accordance with our expectations; the inability of acquired businesses to generate revenues in accordance with our expectations; our

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inability to effectively execute our restructuring plans and programs; our inability to realize anticipated savings from restructuring plans and programs; the impact of healthcare reform legislation and proposals to amend, replace or repeal the legislation; changes in Medicare, Medicaid and third party coverage and reimbursements; the impact of enacted tax legislation and related regulations; competitive market conditions and resulting effects on revenues and pricing; increases in raw material costs that cannot be recovered in product pricing; global economic factors, including currency exchange rates, interest rates, trade disputes, sovereign debt issues and international conflicts and hostilities, such as the ongoing conflict between Russia and Ukraine; public health epidemics; difficulties in entering new markets; general economic conditions; and other factors described or incorporated in our filings with the Securities and Exchange Commission, including our most recently filed Annual Report on Form 10-K. We expressly disclaim any obligation to update forward-looking statements, except as otherwise specifically stated by us or as required by law or regulation.

CAUTION CONCERNING GOALS AND OBJECTIVES

The goals and objectives set forth in this press release do not constitute forecasts but, as their name implies, constitute aspirational goals established by management with regard to our performance over the 2022-2025 period. Management believes that the goals and objectives are appropriate based on its current view of our business and prospects in advance of the 2022-2025 period, but are subject to a variety of risks, including, among others, those set forth in discussion of forward-looking statements above, as well as the possibility that subsequent developments may lead management to adopt different business plans and strategies than those underlying the goals and objectives described above.

About Teleflex Incorporated

Teleflex is a global provider of medical technologies designed to improve the health and quality of people’s lives. We apply purpose driven innovation – a relentless pursuit of identifying unmet clinical needs – to benefit patients and healthcare providers. Our portfolio is diverse, with solutions in the fields of vascular access, interventional cardiology and radiology, anesthesia, emergency medicine, surgical, urology and respiratory care. Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. For more information, please visit teleflex.com.

Teleflex is the home of Arrow®, Deknatel®, QuikClot®, LMA®, Pilling®, Rüsch®, UroLift®, and Weck® – trusted brands united by a common sense of purpose.

Contacts:

Lawrence Keusch

Vice President, Investor Relations and Strategy Development

John Hsu, CFA

Vice President, Investor Relations

investors.teleflex.com

610-948-2836

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EX-99.2

ANALYST & INVESTOR DAY 2022 1. Teleflex Analyst & Investor Day 2022 Exhibit 99.2

ANALYST & INVESTOR DAY 2022 2. Welcome to Teleflex Analyst & Investor Day Lawrence Keusch, Vice President, Investor Relations & Strategy Development P. 3 Section 1: A Foundation for Durable Growth Delivering Long-Term Durable Growth Liam Kelly, Chairman, President & CEO P. 6 Corporate Social Responsibility Karen Boylan, Corporate Vice President, Strategic Projects P. 31 Commercial Excellence to Drive Long-Term Durable Growth Jay White, Corporate Vice President & President, Global Commercial P. 45 Empowering Long-Term Durable Growth: Global Supply Chain James Winters, Corporate Vice President, Manufacturing & Supply Chain P. 70 Section 2: Deep Dive - Select Growth Drivers Clinical Panel Overview Michelle Fox, Corporate Vice President & Chief Medical Officer P. 87 Interventional Urology Clinical Panel Kevin Hardage, President & General Manager, Interventional Urology  P. 91 Interventional Clinical Panel Scott Holstine, President & General Manager, Interventional P. 94 Section 3: 2023-2025 Financial Objectives Financial Overview & Presentation of the 3-Year LRP Thomas Powell, Executive Vice President & Chief Financial Officer P. 97 Contents

Welcome to Teleflex Analyst & Investor Day 2022 LAWRENCE KEUSCH | VICE PRESIDENT, INVESTOR RELATIONS & STRATEGY DEVELOPMENT | MAY 20, 2022 ANALYST & INVESTOR DAY 2022

ANALYST & INVESTOR DAY 2022 4. Forward-Looking Statements Statements included in the following presentation, other than statements of historical fact, are “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “will,” “would,” “should,” “guidance,” “potential,” “continue,” “project,” “forecast,” “confident,” “prospects,” “goals,” “objectives” and similar expressions typically are used to identify forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about our business and the industry and markets in which we operate. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. These risks and uncertainties are addressed in our SEC filings, including our most recent Form 10-K. You should carefully read the factors described in the “Risk Factors” section of the Form 10-K for a description of certain risks that could, among other things, cause our actual results to differ materially from those expressed in, or implied by, the forward-looking statements. We can give no assurances that any of the events anticipated by the forward-looking statements will occur or, if any of them does, what impact they will have on our results of operation and financial condition. You should not place undue reliance on forward-looking statements. Such statements speak only as to the date on which they are made, and we undertake no obligation to update or revise any forward-looking statement, regardless of future developments or availability of new information, except as may be required by law.

ANALYST & INVESTOR DAY 2022 5. Agenda 10:00 a.m. Welcome to Teleflex Analyst & Investor Day Lawrence Keusch, Vice President, Investor Relations & Strategy Development Section 1: A Foundation for Durable Growth 10:05 a.m. Delivering Long-Term Durable Growth Liam Kelly, Chairman, President & CEO Corporate Social Responsibility Karen Boylan, Corporate Vice President, Strategic Projects Commercial Excellence to Drive Long-Term Durable Growth Jay White, Corporate Vice President & President, Global Commercial Empowering Long-Term Durable Growth: Global Supply Chain James Winters, Corporate Vice President, Manufacturing & Supply Chain A Foundation for Durable Growth - Question & Answer Session Liam Kelly, Karen Boylan, Lawrence Keusch, Jay White, James Winters, 11:40 a.m. Break Section 2: Deep Dive - Select Growth Drivers 11:55 a.m. Clinical Panel Overview Michelle Fox, Corporate Vice President & Chief Medical Officer Interventional Urology Clinical Panel Kevin Hardage, President & General Manager, Interventional Urology  Interventional Urology Clinical Panel - Question & Answer Session Michelle Fox, Dr. Gregg Eure, Dr. Matt Ashley, Kevin Hardage Interventional Clinical Panel Scott Holstine, President & General Manager, Interventional Interventional Clinical Panel - Question & Answer Session Michelle Fox, Dr. Matthew Summers, Dr. Chris Buller, Scott Holstine 12:55 p.m. Break Section 3: 2023-2025 Financial Objectives 1:05 p.m. Financial Overview & Presentation of the 3-Year LRP Thomas Powell, Executive Vice President & Chief Financial Officer 2023-2025 Financial Objectives - Question & Answer Session Liam Kelly, Thomas Powell, Lawrence Keusch CEO's Closing Remarks Liam Kelly, Chairman, President & CEO 1:35 p.m. Breakout Session & Lunch Teleflex Executives and Business Unit Leadership

Building a Global Powerhouse in Emergency Medicine KEVIN ROBINSON | PRESIDENT & GENERAL MANAGER | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Delivering L ng-Term Durable Growth LIAM KELLY | CHAIRMAN, PRESIDENT & CEO | M Y 20, 2022 Return to contents

ANALYST & INVESTOR DAY 2022 7. 01. Building on Our Foundation 02. Strategic Drivers for Growth 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 8. 01. Building on Our Foundation

ANALYST & INVESTOR DAY 2022 9. $2.8 billion in revenue Industry leading brands 23,000+ products* 120,000+ customers 14,000+ employees globally We are a Strong Company 01. Building on Our Foundation * Number of products calculated based on the number of stock keeping units offered by the company. Note: Data presented on this slide is as of December 31, 2021.

ANALYST & INVESTOR DAY 2022 10. Our Industry Leading Brands 01. Building on Our Foundation

ANALYST & INVESTOR DAY 2022 11. We Prioritize Long-Term Growth ~85% revenue growth* 13.3% Adj. EPS CAGR* ~560 % total shareholder return* 80+ strategic acquisitions* 01. Building on Our Foundation * From 2011-2021 Note: See appendices for reconciliations of non-GAAP financial information.

ANALYST & INVESTOR DAY 2022 12. Our Products Make a Difference Every Day 24,000 In over 24,000 surgical procedures in the United States 2,000 By Interventional Cardiologists, Radiologists, and Vascular Surgeons in over 2,000 patients who require vascular intervention 8,000 To care for more than 8,000 patients in the Intensive Care Unit from neonates to adults 4,400 By emergency responders to treat 4,400 patients in the field, including more than 900 cardiac arrests 200 To treat nearly 200 men with benign prostytic hyperplasia (BPH) 3,500 By Interventional Cardiologists to treat over 3,500 Intervetional Cardiology procedures 01. Building on Our Foundation Note: Statistics included in the graphic above were calculated based on 2020 sales data, and management assumptions and estimates

ANALYST & INVESTOR DAY 2022 13. We Add Value Across Key Clinical Areas Comprehensive Vascular Access Specialty and Complex Catheters, Large Bore Femoral Arterial Access Site Closure Manual Clip Ligation and Surgical Instruments MIS treatment for BPH Emergency Medicine 01. Building on Our Foundation

ANALYST & INVESTOR DAY 2022 14. Our Global Supply Chain is Best-In-Class 01. Building on Our Foundation 21 distribution centers 1,500+ suppliers ~9,0001 employees ~ 2M Sq. ft. manufacturing space ~$1B in spend Note: 1. Global supply chain employees, including support staff

ANALYST & INVESTOR DAY 2022 15. We Put the Customer First 01. Building on Our Foundation

ANALYST & INVESTOR DAY 2022 16. 02. Strategic Drivers for Growth

ANALYST & INVESTOR DAY 2022 17. 02. Strategic Drivers for Growth Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture

ANALYST & INVESTOR DAY 2022 18. 02. Strategic Drivers for Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 19. Drive Sustainable Revenue Growth High Growth Portfolio The UroLift® System, Hemostatic Products, Arrow® EZ-IO® Intraosseous Vascular Access System, PICC Portfolio, Arrow® OnControl® Powered Bone Access System, MANTA® Vascular Closure Device Durable Core Vascular Access, Surgical, OEM business Other2 02. Strategic Drivers for Growth Balanced Portfolio with Multiple Market-Leading, High Growth Franchises ~25%1 ~63%1 ~12%1 Notes: 1. As a percentage of 2021 revenue. 2. Includes revenues generated from the Company’s respiratory and urology products (other than interventional urology products), and products sold to Medline pursuant to the manufacturing and supply transition agreement executed in June of 2021.

ANALYST & INVESTOR DAY 2022 20. High Growth Portfolio Early Penetration of Global Addressable Market Opportunity The UroLift® System: $12B+ Hemostatic Products: ~$600M Arrow® EZ-IO® Intraosseous Vascular Access System: ~$500M PICC Portfolio: $400M-$500M Arrow® OnControl® Powered Bone Access System: ~$200M MANTA® Vascular Closure Device: $200M-$300M High Growth Portfolio ~$700M in 2021 Revenue 5% Penetration of Global Addressable Market1 Note: 1. Calculated using 2021 revenue as a percentage of total global addressable market for the High Growth portfolio of products. 02. Strategic Drivers for Growth

ANALYST & INVESTOR DAY 2022 21. 02. Strategic Drivers for Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 22. 02. Strategic Drivers for Growth Portfolio Mix High Growth portfolio will continue to drive margin expansion. UroLift 2, MANTA, hemostatic products, intraosseous, and PICCs Distributor to Direct Conversions Execute on our acquisition strategy, and reload on our opportunities to convert to direct sales Restructuring Activities Expect to deliver $24-$28M1 in pre-tax savings for 2023-2025 Achieve Margin and Earnings Expansion 1. Company data on file.

ANALYST & INVESTOR DAY 2022 23. 02. Strategic Drivers for Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 24. 02. Strategic Drivers for Growth Strategic M&A and Divestitures Optimize our Product Portfolio New Product Introductions

ANALYST & INVESTOR DAY 2022 25. Continued M&A Execution Note: 1. From January 2011 to December 2021. Select Transactions Z-Medica 2020 Essential Medical 2018 HPC MEDICAL High Performance Conductors 2020 NeoTract 2017 Mini-Lap Technologies 2014 Vidacare 2013 Vascular Solutions 2017 80 deals closed1 $4.4B1 transaction value

ANALYST & INVESTOR DAY 2022 26. 02. Strategic Drivers for Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 27. 02. Strategic Drivers for Growth Advance Corporate Social Responsibility and an Inclusive Culture Pillar I: Principles of Ethics & Governance Pillar II: Planet & Environment Pillar III: People Pillar IV: Prosperity & Sustainable Healthcare • Corporate Governance • Compliance, Integrity & Ethics • Sales & Marketing Practices • IT Security & Privacy • Emission Reduction • Product Stewardship • Responsible Consumption & Production • Waste Management • Sustainable Procurement • Logistics and Distribution • Supporting our Workforce • Talent Management & Benefits • Diversity, Equity & Inclusion • Employee Recognition • Employee Health & Safety • Medical Education • Clinical Research • Philanthropy • Community Engagement • Research, Development & Innovation • Product Safety & Quality • Healthcare Access & Equity • Product Stewardship

ANALYST & INVESTOR DAY 2022 28. 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 29. 03. Key Takeaways Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture

ANALYST & INVESTOR DAY 2022 30. Thank You

Building a Global Powerhouse in Emergency Medicine KEVIN ROBINSON | PRESIDENT & GENERAL MANAGER | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Corporate Social Responsibility AREN BOYLAN | CO PORATE VICE PRESIDENT, STRATEGIC PROJECTS | MAY 20, 2022 Return to contents

ANALYST & INVESTOR DAY 2022 32. 01. Strategic Overview 02. CSR Pillars 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 33. 01. Strategic Overview

ANALYST & INVESTOR DAY 2022 34. Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture 01. Strategic Overview

ANALYST & INVESTOR DAY 2022 35. 02. CSR Pillars

ANALYST & INVESTOR DAY 2022 36. CSR Pillars 02. CSR Pillars Pillar I: Principles of Ethics & Governance Pillar II: Planet & Environment Pillar III: People Pillar IV: Prosperity & Sustainable Healthcare • Corporate Governance • Compliance, Integrity & Ethics • Sales & Marketing Practices • IT Security & Privacy • Emission Reduction • Product Stewardship • Responsible Consumption & Production • Waste Management • Sustainable Procurement • Logistics and Distribution • Supporting our Workforce • Talent Management & Benefits • Diversity, Equity & Inclusion • Employee Recognition • Employee Health & Safety • Medical Education • Clinical Research • Philanthropy • Community Engagement • Research, Development & Innovation • Product Safety & Quality • Healthcare Access & Equity • Product Stewardship

ANALYST & INVESTOR DAY 2022 37. Ethics & Governance 02. CSR Pillars Increase Board Diversity • 33% of directors are women Global Compliance Program • Integrity Code, Code of Ethics and Anti-Corruption policies • Focused training Enterprise Risk Assessment • Online form for enhanced analytics

ANALYST & INVESTOR DAY 2022 38. 2021–2023 Global Operations Goals • 10 % Reduction in Purchased Energy • 10 % Reduction in Waste to Landfill Key Initiatives: • Solar Panels Projects at some global operations sites in Mexico, Malaysia and India • New Software to track consumption and output • New Sustainability Expert to help develop and execute strategy Planet & Environment 02. CSR Pillars

ANALYST & INVESTOR DAY 2022 39. People Continued COVID-19 Protocals • Global & Local Crisis Management Teams • Increased online employee training and development opportunities Cultivate Diversity, Equity & Inclusion • Established global and regional DEI councils • Expanded Inclusive leadership training • Expanded Employee Resource Groups • Named to Forbes Best Employers for Diversity 2022 list 02. CSR Pillars

ANALYST & INVESTOR DAY 2022 40. Product Training & Education Through in-person and online training, reached 130,000 HCPs in 2021 Teleflex Led Clinical Research UroLift® System Arrowg+ard Blue Advance™ PICCs Interventional CTO PCI Procedures Key Initiatives Expand Education and Research Grants Address Health Equity JOIN Community Engagement Teleflex Foundation Prosperity & Sustainable Healthcare 02. CSR Pillars

ANALYST & INVESTOR DAY 2022 41. 02. CSR Pillars Our Core Values Entrepreneurial Spirit • Be creative, take risks, and show initiative • Initiate change and innovation • Take ownership and be accountable Build Trust • Be sincere and authentic • Inform, ask, and listen • Be supportive and reliable Make It Fun • Be collaborative and friendly • Show appreciation • Make your work place a better place People • People at the center of all we do • People drive innovation and success • People make us who we are

ANALYST & INVESTOR DAY 2022 42. 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 43. Key Takeaways • CSR roadmap outlines our environmental, governance and community targets • Our 2021 Global Impact Report will publish in Q3, 2022 • Our CSR program will help us attract and retain top talent 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 44. Thank You

Building a Global Powerhouse in Emergency Medicine KEVIN ROBINSON | PRESIDENT & GENERAL MANAGER | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Commercial’s Role in D livering Long-Term Durabl Growth JAY WHITE | C RPORATE VICE PRESID NT & PRESID NT, GLOBAL COMMERCIAL | MAY 20, 2022 Return to contents

ANALYST & INVESTOR DAY 2022 46. 01. Commercial’s Role in Driving Long-Term Durable Growth 02. Commercial’s Targeted Growth Opportunities 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 47. 01. Commercial’s Role in Driving Long-term Durable Growth

ANALYST & INVESTOR DAY 2022 48. Teleflex Strategy 2023 – 2025: Deliver long-term durable growth 01. Commercial’s Role in Driving Long-Term Durable Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our Product Portfolio 4. Advance corporate social responsibility and an inclusive culture

ANALYST & INVESTOR DAY 2022 49. 02. Commercial’s Targeted Growth Opportunities

ANALYST & INVESTOR DAY 2022 50. Building Durable Growth 02. Commercial’s Targeted Growth Opportunities Note: Dark blue bars show total Teleflex revenue and percentages included above those show year-over-year growth rates. 2017 2018 2019 2020 7.0% CAGR 2017-2021 2021 14.9% 14.1% 6.0 % (2.2%) 10.7 % $ 2,146.3 M $ 2,448.4 M $ 2,595.4 M $ 2,537.2 M $ 2,809.6 M

ANALYST & INVESTOR DAY 2022 51. 02. Commercial’s Targeted Growth Opportunities Three Key Growth Opportunities Drive market leading durable growth through a focused approach 1. Globalization in Key Markets 2. Optimize our Product Portfolio 3. Expand Market Share with High Growth Franchises

ANALYST & INVESTOR DAY 2022 52. 02. Commercial’s Targeted Growth Opportunities Three Key Growth Opportunities Drive market leading durable growth through a focused approach 1. Globalization in Key Markets 2. Optimize our Product Portfolio 3. Expand Market Share with High Growth Franchises

ANALYST & INVESTOR DAY 2022 53. 02. Commercial’s Targeted Growth Opportunities Globalization in Key Markets | The Opportunity Americas EMEA Asia OEM 2021 Total Revenue by Segment 9 % 10% 22 % 59 %$ 1,659 M $ 607 M $ 298 M $ 246 M

ANALYST & INVESTOR DAY 2022 54. 02. Commercial’s Targeted Growth Opportunities 3 1 2 Globalization in Key Markets | Areas of Focus Focused Approach to Accelerate Growth Strengthen Sales Channel in Key Growth Markets Enhance Customer Experience

ANALYST & INVESTOR DAY 2022 55. 02. Commercial’s Targeted Growth Opportunities Three Key Growth Opportunities Drive market leading durable growth through a focused approach 1. Globalization in Key Markets 2. Optimize our Product Portfolio 3. Expand Market Share with High Growth Franchises

ANALYST & INVESTOR DAY 2022 56. 02. Commercial’s Targeted Growth Opportunities Optimizing our Product Portfolio | Areas of Focus Strategic M&A and Divestitures New Product Introductions

ANALYST & INVESTOR DAY 2022 57. 02. Commercial’s Targeted Growth Opportunities New Product Highlights | Interventional Urology UroLift® 2 System UroLift ATC® Advanced Tissue Control System

ANALYST & INVESTOR DAY 2022 58. 02. Commercial’s Targeted Growth Opportunities Note: GuideLiner® Coast, Ringer® and Wattson® are not approved for sale or distribution. Ringer®GuideLiner® Coast Wattson® New Product Highlights | Interventional

ANALYST & INVESTOR DAY 2022 59. 02. Commercial’s Targeted Growth Opportunities Arrowg+ard Blue Advance® Midline Arrow® ErgoPack® Complete CVC System Arrow® VPS Rhythm® DLX with TipTracker™ Technology Note: Arrow® VPS Rhythm® DLX with TipTracker™ Technology is not approved for sale or distribution. New Product Highlights | Vascular Access

ANALYST & INVESTOR DAY 2022 60. 02. Commercial’s Targeted Growth Opportunities Three Key Growth Opportunities Drive market leading durable growth through a focused approach 1. Globalization in Key Markets 2. Optimize our Product Portfolio 3. Expand Market Share with High Growth Franchises

ANALYST & INVESTOR DAY 2022 61. Note: Global includes key countries such as Brazil, China, Germany, France, India, Italy, Japan, Spain, Taiwan Source: Teleflex internal market estimates 02. Commercial’s Targeted Growth Opportunities Significant Global UroLift® Market Opportunity U.S. Non-U.S. $ 6 B $12B+ UroLift Geographic Expansion Brazil China France Germany India Italy Japan Spain Taiwan $ 6 B+

ANALYST & INVESTOR DAY 2022 62. 02. Commercial’s Targeted Growth Opportunities Extensive Clinical Evidence Supports UroLift® System “The outcomes from the numerous studies are consistent, demonstrating rapid relief within two weeks and sustained improvement in symptoms, quality of life and urinary flow.” -Claus Roehrborn, M.D. randomized, controlled clinical trials (RCT)1,2,3 Long-term, patients studied4  patients treated across 4 continents peer-reviewed clinical publications3 MAC02245-01 Rev A Claus Roehrborn, MD, is a paid consultant of NeoTract | Teleflex.  *Management estimate based on product sales as of April 2022. Data on file at Teleflex Interventional Urology. 1. Roehrborn, J Urology 2013 L.I.F.T. Study 2. Roerborn et al Can J Urol 2017 3. Sonksen et al. Eur Urol 2015; Barber N. AUA2015 4. For referenced publications, please go to: https://f.hubspotusercontent30.net/hubfs/2618738/docs/Lit%20Search%20 350,000* +12,000 5-year data12 145+

ANALYST & INVESTOR DAY 2022 63. Expand Market Share with High Growth Franchises Interventional MANTA® Vascular Closure Device Arrow® OnControl®  Powered Bone Access System 02. Commercial’s Targeted Growth Opportunities

ANALYST & INVESTOR DAY 2022 64. Expand Market Share with High Growth Franchises Anesthesia Arrow® EZ-IO® Intraosseous Vascular Access System QuikClot® Hemostatic Products 02. Commercial’s Targeted Growth Opportunities

ANALYST & INVESTOR DAY 2022 65. Expand Market Share with High Growth Franchises Vascular Access Arrow® VPS Rhythm® DLX with TipTracker™ Technology 02. Commercial’s Targeted Growth Opportunities Arrowg+ard Blue Advance® PICC Note: Arrow® VPS Rhythm® DLX with TipTracker™ Technology is not approved for sale or distribution.

ANALYST & INVESTOR DAY 2022 66. GuideLiner®Arrowg+Blue Plus® CVC Turnpike® Hem-o-lok®IAB® 02. Commercial’s Targeted Growth Opportunities Durable Core Products

ANALYST & INVESTOR DAY 2022 67. 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 68. Drive Market Leading Durable Growth Through Focused Approach 03. Key Takeaways • We can deliver durable and sustainable growth • We have multiple regions, sites of services and products to drive our strategy • We will execute against three growth opportunities • Globalization in Key Markets • Optimize our Product Portfolio • Expand Market Share with High Growth Franchises

ANALYST & INVESTOR DAY 2022 69. Thank You

Building a Global Powerhouse in Emergency Medicine KEVIN ROBINSON | PRESIDENT & GENERAL MANAGER | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Empowering Long-Term Durable Growth Global Supply Chai JAMES WINTERS | CO PORATE VICE PRESIDENT, MANUFACTURING & SUPPLY CHAIN | MAY 20, 2022 Teleflex Site, Kulim Return to contents

ANALYST & INVESTOR DAY 2022 71. 01. Global Supply Chain Footprint 02. Global Supply Chain Pillars for Long-Term Durable Growth 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 72. 01. Global Supply Chain Footprint

ANALYST & INVESTOR DAY 2022 73. Our Global Footprint 01. Global Supply Chain Footprint 21 distribution centers 1,500+ suppliers ~9,0001 employees ~ 2M Sq. ft. manufacturing space ~$1B in spend Note: 1. Global supply chain employees, including support staff.

ANALYST & INVESTOR DAY 2022 74. 02. Global Supply Chain Pillars for Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 75. Teleflex Strategy 2023 – 2025: Deliver Long-Term Durable Growth 1. Drive sustainable revenue growth 2. Achieve margin and earnings expansion 3. Optimize our product portfolio 4. Advance corporate social responsibility and an inclusive culture 02. Global Supply Chain Pillars for Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 76. Together we will build a best-in-class end-to-end supply chain as recognized by our customers and business partners Our Global Supply Chain Vision 02. Global Supply Chain Pillars for Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 77. Global Supply Chain Strategy 02. Global Supply Chain Pillars for Long-Term Durable Growth High Performing Leadership and Culture Position for Durable Growth Gross Margin Expansion Enterprise Excellence Relentless Focus on Product Quality Sustainability

ANALYST & INVESTOR DAY 2022 78. Position for Durable Growth Advanced Analytics Global Command Center Net Promoter Score (NA) ~15% Improvement Q4 2021 compared to Q4 2020 02. Global Supply Chain Pillars for Long-Term Durable Growth End-to-End Supply Chain Assessment >$48M invested from 2018-2021 to increase supply chain redundancy /flexibility

ANALYST & INVESTOR DAY 2022 79. 02. Global Supply Chain Pillars for Long-Term Durable Growth 1. Company data on file. Margin Expansion Goals ~80% of revenue sourced from geographies that are optimized for Teleflex’s cost structure by 2025 $24-$28M1 in savings from existing restructuring programs between 2023-2025 • $125M delivered by year end 2021 1,000+ headcount transferred $100M capital investment

ANALYST & INVESTOR DAY 2022 80. Enterprise Excellence Cost Improvement Programs exceeded inflation 2018–2021 2018 CIPs Inflation2019 2020 2021 Cost Improvement Programs CIPs vs Inflation 2018–2021 Customers Employees Management Leader Servant Leadership 02. Global Supply Chain Pillars for Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 81. Relentless Focus on Product Quality 02. Global Supply Chain Pillars for Long-Term Durable Growth 2020 vs. 2021 • 18% year-over-year declines in scrap 2018 vs. 2021 • 38% reduction in the number of field corrective actions • 55% reduction in ship holds

ANALYST & INVESTOR DAY 2022 82. Sustainability in Global Supply Chain 10 % reduction in our waste sent to landfill Operational Goals 2021 - 2023 10 % reduction in purchased energy 02. Global Supply Chain Pillars for Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 83. High Performing Leadership and Culture 02. Global Supply Chain Pillars for Long-Term Durable Growth

ANALYST & INVESTOR DAY 2022 84. 03. Key Takeaways

ANALYST & INVESTOR DAY 2022 85. 03. Key Takeaways Enable Long-Term Durable Growth • Supply chain resilience and flexibility • $24-$28M1 in expected incremental cost savings from existing restructuring programs between 2023-2025 • Maintain the highest standards for product quality • Leverage Enterprise Excellence to mitigate inflation • Fulfill our commitment to corporate social responsibility 1. Company data on file.

ANALYST & INVESTOR DAY 2022 86. Thank You

Building a Global Powerhouse in Emergency Medicine KEVIN ROBINSON | PRESIDENT & GENERAL MANAGER | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Clinical Panel Overview MICHELLE FOX | CORPORATE VICE PR SIDENT & CHIEF MEDICAL OFFICER | MAY 20, 2022 Return to contents

ANALYST & INVESTOR DAY 2022 88. Clinical and Medical Affairs Led the Design and Implementation of Clinical Development Programs • Teleflex Academy, across 88 countries • 56,000 continuing education credits • We reached more than 130,000 healthcare professionals in 2021 • Human Factors welcomed into CMA in 2021 • Support expansion through multi-modality education • Diverse inclusion in our clinical trials

ANALYST & INVESTOR DAY 2022 89. Clinician Disclosures • Dr. Matt Ashley, Dr. Gregg R. Eure and Dr. Matthew Summers are paid to consults for Teleflex Incorporated • The opinions expressed by these clinicians are their own and do not necessarily reflect the views of Teleflex Incorporated

ANALYST & INVESTOR DAY 2022 90. Thank You

Interventional Urology Clinical Panel KEVIN HARDAGE | PRESIDENT & GENERAL MANAGER, INTERVENTIONAL UROLOGY | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Return to contents

ANALYST & INVESTOR DAY 2022 92. Interventional Urology Innovative delivery system that reduces packaging waste and streamlines the procedure1 with the same implant with proven outcomes. Enhanced delivery device tip for treating BPH patients with challenging anatomies, including an obstructive median lobe. The UroLift® System is supported by extensive clinical experience in controlled studies, large multi-center studies, small studies and peer-reviewed publications. Advanced Tissue Control Note: 1. Compared to prior generation UroLift System.

ANALYST & INVESTOR DAY 2022 93. Thank You

Building a Global Powerhouse in Emergency Medicine KEVIN ROBINSON | PRESIDENT & GENERAL MANAGER | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Interventional Clinical Panel SCOTT H LSTINE | PRESI E T & E ERAL A A ER, INTERVENTIONAL | MAY 20, 2022 Return to contents

ANALYST & INVESTOR DAY 2022 95. Interventional Who We Are Coronary Interventions GuideLiner® V3 Catheter Turnpike® Catheters Structural Heart MANTA® Vascular Closure Device Mechanical Circulatory Support Arrow® AC3 Optimus® Intra-Aortic Balloon Pump Intra-Aortic Balloon Catheters Peripheral Interventions Arrow® OnControl® Powered Bone Access System

ANALYST & INVESTOR DAY 2022 96. Thank You

Building a Global Powerhouse in Emergency Medicine KEVIN ROBINSON | PRESIDENT & GENERAL MANAGER | MAY 20, 2022 ANALYST & INVESTOR DAY 2022 Financial Overview & Pr sentation of the 3-Year LRP THOMAS POWELL EX CUTIVE VIC PRESIDENT & CHIEF FINANCIAL OFFICER | MAY 20, 2022 Return to contents

ANALYST & INVESTOR DAY 2022 98. 01. Teleflex Has Delivered For Shareholders 02. Reaffirming 2022 Financial Guidance 03. Looking Ahead – Value Creation Framework 04. Key Takeaways

ANALYST & INVESTOR DAY 2022 99. 01. Teleflex Has Delivered For Shareholders

ANALYST & INVESTOR DAY 2022 100.1. Average Annual Constant Currency Growth 2. Total return includes stock price appreciation and dividends from December 31, 2011 to December 31,2021. Note: See appendices for reconciliations of non-GAAP financial information. 01. Teleflex Has Delivered For Shareholders Teleflex has Delivered for Shareholders Improving Revenue Growth1 Transformative Adjusted Margin Expansion Robust Total Shareholder Return2 ~560% Portfolio optimization from strategic M&A and select divestitures 2012-2017 2018-2019 2011 2021 4% 6% 8% 10% 12% 8.0% Growth 4.6% M&A Contribution 4.0% M&A contribution 10.3% Growth Adjusted Gross Margin 1,180bp 900bp Adjusted Operating Margin 47.6% 19.0% 59.4% 28.0%

ANALYST & INVESTOR DAY 2022 101. 02. Reaffirming 2022 Financial Guidance

ANALYST & INVESTOR DAY 2022 102. 1. Constant currency growth includes a 1.5% headwind for the divestiture of the respiratory assets. Note: See appendices for reconciliations of non-GAAP financial information. 3 1 2 4 01. Reaffirming 2022 Financial Guidance Reaffirming 2022 Financial Guidance Constant currency revenue growth1 expected to be 4.0% to 5.5% Adjusted gross margin expected to be 59.75% to 60.25% Adjusted operating margin expected to be 27.75% to 28.25% Adjusted earnings per share expected to be $13.70 and $14.30

ANALYST & INVESTOR DAY 2022 103. 03. Looking Ahead – Value Creation Framework

ANALYST & INVESTOR DAY 2022 104. 03. Looking Ahead – Value Creation Framework 1. As of end of Q1 2022 2. Three year CAGR from 2023 to 2025, with year-end 2022 as base year. 3. Base year is 2022 year end adj. margin Note: See appendices for reconciliations of non-GAAP financial information. Disciplined capital deployment strategyStrong cash flow generationIncreasing profitabilityDurable revenue growth profile 6-7% constant currency CAGR2 250-350bp Adj. GM expansion3 200-300bp Adj. OM expansion3 At least $1.7B in Cumulative Free Cash Flow 1.7x gross leverage1 Double-digit adjusted operating income and strong adjusted EPS CAGR Teleflex Value Creation Framework: 2023 - 2025

ANALYST & INVESTOR DAY 2022 105. Outlook Assumes Outlook Does Not Assume 03. Looking Ahead – Value Creation Framework Financial Outlook Key Assumptions: 2023 - 2025 Volume growth in base business Material changes to global regulatory or macroeconomic environment New product revenue growth contributions Impact of FX fluctuations Modest pricing benefit Prospective M&A Margin expansion benefits from previously announced restructuring initiatives Euro to U.S. Dollar exchange rate assumed to be 1.12 in full year 2022 and 2025

ANALYST & INVESTOR DAY 2022 106.1. Three year CAGR from 2023 to 2025, with year-end 2022 as base year. 2. Other includes urology, remaining respiratory products post-divestiture, and MSA revenue associated with respiratory divestiture to Medline. Each bar represents Teleflex total revenue dollars. The light and dark blue shaded portions depict the percentage of revenue attributable to high growth and durable core/other portfolios, respectively. See appendices for reconciliation of non-GAAP financial information. 03. Looking Ahead – Value Creation Framework Constant Currency Revenue Growth Outlook: 2023-2025 Assumptions • High growth portfolio: 14-15% CAGR1 • Durable core portfolio: 4-5% CAGR1 • Other2: (6-7%) CAGR1 20222021 6% - 7% CAGR1 2025 High growth portfolio Durable core portfolio and Other

ANALYST & INVESTOR DAY 2022 107.Note: See Appendices for reconciliation of non-GAAP financial information. 1. Long range plan gross margin expansion, base year is 2022. 03. Looking Ahead – Value Creation Framework Adjusted Gross Margin Expansion Objectives: 2023 - 2025 2011 2022 2025 47.6% 59.75 % - 60.25 % 250-350 bp1

ANALYST & INVESTOR DAY 2022 108. 1. Company data on file. 03. Looking Ahead – Value Creation Framework Restructuring Plans Support Margin Expansion ~$125M 2014-2021 $24-$28M 2023-2025 $21-$23M 2022 Anticipated Pre-Tax Savings1 Pre-tax Savings1 Track record of generating non-revenue dependent margin expansion continues

ANALYST & INVESTOR DAY 2022 109. Note: See Appendices for reconciliation of non-GAAP financial information. 1. Long range plan operating margin expansion, base year is 2022. 03. Looking Ahead – Value Creation Framework Adjusted Operating Margin Expansion Objectives: 2023 - 2025 2011 2022 2025 19.0% 27.75%-28.25% 200-300 bp1

ANALYST & INVESTOR DAY 2022 110. 03. Looking Ahead – Value Creation Framework 1. $1.26 billion, rounded. Note: See appendices for reconciliation of non-GAAP financial information. Free Cash Flow Growth Objectives: 2023-2025 2019 - 2021 2023 - 2025 $1.3 billion1 At least $1.7 billion Cumulative Free Cash Flow 35%1 growth

ANALYST & INVESTOR DAY 2022 111. 03. Looking Ahead – Value Creation Framework Disciplined Capital Allocation Framework Internal Investment Strategic M&A Debt Repayment Cash to Shareholders • For high-ROI growth drivers and restructuring activities • Deployment of capital for growth and margin accretive acquisitions • Pay down debt when appropriate • Maintain dividend as primary vehicle for returning capital to shareholders

ANALYST & INVESTOR DAY 2022 112. 04. Key Takeaways

ANALYST & INVESTOR DAY 2022 113. 04. Key Takeaways 1. Three year CAGR from 2023 to 2025, with year-end 2022 as the base year. 2. Long range plan operating margin expansion, base year is 2022. Note: See appendices for reconciliations of non-GAAP financial information. Key Takeaways • 6-7% constant currency CAGR1 • Adjusted operating margin expansion of 200-300bp2 • At least $1.7 billion in free cash flow generation • Disciplined capital deployment Value Creation Framework: 2023 - 2025

ANALYST & INVESTOR DAY 2022 114. Question and Answer Session

ANALYST & INVESTOR DAY 2022 115. Appendices

ANALYST & INVESTOR DAY 2022 116. Note on Non-GAAP Financial Measures The presentation to which these appendices are attached, and the following appendices include, among other things, tables reconciling the following applicable non-GAAP financial measures to the most comparable GAAP financial measure: • Constant currency revenue growth. This measure excludes the impact of translating results of international subsidiaries at different currency exchange rates from period to period. • Adjusted gross profit and margin. These measures exclude, depending on the period presented, the impact of (i) restructuring, restructuring related and impairment items, (ii) acquisition, integration and divestiture related items, (iii) other items identified in note (C) to the reconciliation tables appearing in Appendix B and (iv) intangible amortization expense. • Adjusted operating profit and margin. These measures exclude, depending on the period presented, (i) the impact of restructuring, restructuring related and impairment items; (ii) acquisitions, integration and divestiture related items; (iii) other items identified in note (C) to the reconciliation tables appearing in Appendix C; (iv) intangible amortization expense and (v) MDR costs. • Adjusted diluted earnings per share. This measure excludes, depending on the period presented, the impact of (i) restructuring, restructuring related and impairment items; (ii) acquisition, integration and divestiture related items; (iii) other items identified in note (C) to the reconciliation table appearing in Appendix D; (iv) MDR costs; (v) amortization of the debt discount on the Company’s previously outstanding convertible notes; (vi) intangible amortization expense; (vii) loss on extinguishment of debt; and (viii) tax adjustments. In addition, the calculation of diluted shares within adjusted earnings per share for the 2017 periods gives effect to the anti-dilutive impact of the Company’s previously outstanding convertible note hedge agreements, which reduced the potential economic dilution that otherwise would have occurred upon conversion of the Company’s senior subordinated convertible notes (under GAAP, the anti-dilutive impact of the convertible note hedge agreements is not reflected in diluted shares). • Free cash flow. This measure is based upon cash flow from continuing operations, adjusted to exclude capital expenditures. Tables reconciling forecasted 2022 constant currency revenue growth, forecasted 2022 adjusted earnings per share and our goals related to cumulative free cash flow growth generation from 2023 to 2025 to the most directly comparable GAAP measures are set forth in the following appendices. We have not provided a reconciliation of our goals related to constant currency revenue growth because future changes in foreign exchange rates over the 2023-2025 period are not reasonably predictable. Similarly, we have not provided a reconciliation of our goals related to expansion of adjusted gross and operating margins during the three-year period through 2025 to the most comparable GAAP measures because, in each case, the calculation of the GAAP measure would involve the addition of items (such as restructuring, restructuring related and impairment items, as well as acquisition, integration and divestiture related items) the occurrence or amount of which over the 2023-2025 period are not reasonably predictable.

ANALYST & INVESTOR DAY 2022 117. Non-GAAP Adjustments The following is an explanation of certain of the adjustments that are applied with respect to one or more of the non-GAAP financial measures that appear in the presentation to which these appendices are attached: • Restructuring, restructuring related and impairment items. Restructuring programs involve discrete initiatives designed to, among other things, consolidate or relocate manufacturing, administrative and other facilities, outsource distribution operations, improve operating efficiencies and integrate acquired businesses. Depending on the specific restructuring program involved, our restructuring charges may include employee termination, contract termination, facility closure, employee relocation, equipment relocation, outplacement and other exit costs associated with the restructuring program. Restructuring related charges are directly related to our restructuring programs and consist of facility consolidation costs, including accelerated depreciation expense related to facility closures, costs to transfer manufacturing operations between locations, and retention bonuses offered to certain employees as an incentive for them to remain with our company after completion of the restructuring program. Impairment charges occur if, as a result of periodic impairment testing or due to events or changes in circumstances, we determine that the carrying value of an asset exceeds its fair value. Impairment charges do not directly affect our liquidity but could have a material adverse effect on our reported financial results. • Acquisition, integration and divestiture related items. Acquisition and integration expenses are incremental charges, other than restructuring or restructuring related expenses, that are directly related to specific business or asset acquisition transactions. These charges may include, among other things, professional, consulting and other fees; systems integration costs; legal entity restructuring expense; inventory step-up amortization (amortization, through cost of goods sold, of the increase in fair value of inventory resulting from a fair value calculation as of the acquisition date); fair value adjustments to contingent consideration liabilities; and bridge loan facility and backstop financing fees in connection with loan facilities that ultimately were not utilized. Divestiture related activities involve specific business or asset sales. Depending primarily on the terms of the divestiture transaction, the carrying value of the divested business or assets on our financial statements and other costs we incur as a direct result of the divestiture transaction, we may recognize a gain or loss in connection with the divestiture related activities. • Other items. These are discrete items that occur sporadically and can affect period-to-period comparisons. • Amortization of debt discount on convertible notes. When we sold $ 400 million principal amount of our 3.875 % convertible notes (the “convertible notes”) in 2010, we allocated the proceeds between the liability and equity components of the debt, in accordance with GAAP. As a result, the $ 83.7 million difference between the proceeds of the sale of the convertible notes and the liability component of the debt constituted a debt discount that was to be amortized to interest expense over the approximately seven-year term of the convertible notes, which significantly increased the amount we recorded as interest expense attributable to the convertible notes. The amount of the amortization of the debt discount was reduced as a result of our repurchases of convertible notes in 2016 and 2017 and redemptions of the convertible notes by holders of the notes, although we continued to amortize the remaining portion of the debt discount to interest expense until August 2017, when all remaining convertible notes were either converted or matured. • Intangible amortization expense. Certain intangible assets, including customer relationships, intellectual property, distribution rights, trade names and non-competition agreements, initially are recorded at historical cost and then amortized over their respective estimated useful lives. The amount of such amortization can vary from period to period as a result of, among other things, business or asset acquisitions or dispositions.

ANALYST & INVESTOR DAY 2022 118. Non-GAAP Adjustments • MDR Costs. The European Union (“EU”) has adopted the EU Medical Device Regulation (“MDR”), which replaces the existing Medical Devices Directive (“MDD”) and imposes more stringent requirements for the marketing and sale of medical devices in the EU, including requirements affecting clinical evaluations, quality systems and post-market surveillance. The MDR requirements became effective in May 2021, although certain devices that previously satisfied MDD requirements can continue to be marketed in the EU until May 2024, subject to certain limitations. Significantly, the MDR will require the re-registration of previously approved medical devices. As a result, Teleflex will incur expenditures in connection with the new registration of medical devices that previously had been registered under the MDD. Therefore, these expenditures are not considered to be ordinary course expenditures in connection with regulatory matters (in contrast, no adjustment has been made to exclude expenditures related to the registration of medical devices that were not registered previously under the MDD). • Loss on extinguishment of debt. In connection with debt refinancings, debt repayments, repurchases of convertible notes and redemptions of convertible notes, outstanding indebtedness is extinguished. These events, which have occurred from time to time on an irregular basis, have resulted in losses reflecting, among other things, unamortized debt issuance costs, as well as debt prepayment fees and premiums (including conversion premiums resulting from conversion of convertible securities). • Tax adjustments. These adjustments represent the impact of the expiration of applicable statutes of limitations for prior year returns, the resolution of audits, the filing of amended returns with respect to prior tax years and/or tax law changes affecting our deferred tax liability.

ANALYST & INVESTOR DAY 2022 119. Appendix A – Reconciliation of Constant Currency Revenue Growth, 2012-2019 Dollars in Millions

ANALYST & INVESTOR DAY 2022 120. Appendix B – Reconciliation of Adjusted Gross Profit and Margin Dollars in Thousands Twelve Months Ended Margin Expansion 12/31/11 12/31/21 2011-2021 Gross profit as-reported 708,778$ 1,549,602$ Gross margin as-reported 47.5% 55.2% 7.7% Restructuring, restructuring related and impairment items (A) - 28,670 Acquisition, integration and divestiture related items (B) - 2,854 Other items (C) 1,972 (2,176) Intangible amortization expense - 89,232 Adjusted gross profit 710,750$ 1,668,182$ Adjusted gross margin 47.6% 59.4% 11.8% Revenue as-reported 1,492,528$ 2,809,563$

ANALYST & INVESTOR DAY 2022 121. Appendix C – Reconciliation of Adjusted Operating Profit and Margin Dollars in Thousands Twelve Months Ended Margin Expansion 12/31/11 12/31/21 2011-2021 Income from continuing operations before interest, loss on extinguishment of debt and taxes 229,570$ 628,095$ Income from continuing operations before interest, loss on extinguishment of debt and taxes margin 15.4% 22.4% 7.0% Restructuring, restructuring related and impairment items (A) 3,681 52,935 Acquisition, integration and divestiture related items (B) 6,082 (75,673) Other items (C) 1,972 (8,579) Intangible amortization expense 42,634 165,604 MDR costs - 22,949 Adjusted income from continuing operations before interest, loss on extinguishment of debt and taxes 283,939$ 785,331$ Adjusted income from continuing operations before interest, loss on extinguishment of debt and taxes margin 19.0% 28.0% 9.0% Revenue as-reported 1,492,528$ 2,809,563$

ANALYST & INVESTOR DAY 2022 122. Appendix D – Reconciliation of Adjusted Earnings per Share Twelve Months Ended 12/31/11 12/31/21 GAAP diluted earnings per share available to common shareholders 2.90$ 10.23$ GAAP EPS compounded annual growth rate 2011-2021 CAGR 13.4% Restructuring, restructuring related and impairment items (A) 0.06 1.03 Acquisition, integration and divestiture related items (B) 0.01 (1.29) Other items (C) (0.05) 0.05 Intangible amortization expense 0.66 2.96 MDR costs - 0.48 Amortization of debt discount on convertible notes 0.15 - Loss on extinguishment of debt 0.24 - Tax adjustments (0.13) (0.12) Adjusted diluted earnings per share available to common shareholders 3.83$ 13.33$ Adjusted EPS compounded annual growth rate 2011-2021 CAGR 13.3%

ANALYST & INVESTOR DAY 2022 123. Appendix D – Tickmarks A. Restructuring, restructuring related and impairment items – For the year ended December 31, 2021, pre-tax restructuring charges were $15.0 million, pre-tax restructuring related charges were $31.2 million; and pre-tax impairment charges were $6.7 million. B. Acquisition, integration and divestiture related items - For the year ended December 31, 2021, these items primarily related to a net gain on our divestiture of certain respiratory assets, charges related to contingent consideration liabilities, charges incurred in connection with the Z-Medica, LLC acquisition, and a related legal entity restructuring. C. Other items – In 2011, these charges were due to SKU rationalization. For the year ended December 31, 2021 other items related to charges incurred in connection with a debt extinguishment; the reversal of contingent liabilities related to tariffs and another foreign tax matter; and a benefit from a prior year tax matter.

ANALYST & INVESTOR DAY 2022 124. Appendix E – Reconciliation of Free Cash Flow 2019-2021 Dollars in Millions

ANALYST & INVESTOR DAY 2022 125. Appendix F – Reconciliation of Forecasted Free Cash Flow 2023-2025 Dollars in Millions 2023 to 2025 Cumulative Forecasted net cash provided by operating activities from continuing operations 1,980$ Less: Forecasted capital expenditures 280$ Forecasted Free Cash Flow 1,700$

ANALYST & INVESTOR DAY 2022 126. Appendix G – Reconciliation of 2022 Constant Currency Revenue Growth Guidance

ANALYST & INVESTOR DAY 2022 127. Appendix H - 2022 Adj. Gross and Operating Margin Guidance Reconciliation Low High Forecasted GAAP Gross Margin 55.85% 56.35% Estimated restructuring, restructuring related and impairment items 0.90% 0.90% Estimated acquisition, integration, and divestiture related items —% —% Estimated intangible amortization expense 3.00% 3.00% Forecasted Adjusted Gross Margin 59.75% 60.25% Low High Forecasted GAAP Operating Margin 19.75% 20.25% Estimated restructuring, restructuring related and impairment items 1.10% 1.10% Estimated acquisition, integration, and divestiture related items —% —% Estimated MDR 1.30% 1.30% Estimated intangible amortization expense 5.60% 5.60% Forecasted Adjusted Operating Margin 27.75% 28.25%

ANALYST & INVESTOR DAY 2022 128. Appendix I – Reconciliation of 2022 Adjusted Earnings Per Share Guidance Low High Forecasted GAAP Diluted Earnings Per Share from continuing operations $8.85 $9.45 Estimated restructuring, restructuring related and impairment items, net of tax $0.76 $0.76 Estimated acquisition, integration, and divestiture related items, net of tax $0.01 $0.01 Estimated other items, net of tax $0.00 $0.00 Estimated MDR, net of tax $0.79 $0.79 Estimated intangible amortization expense, net of tax $3.29 $3.29 Forecasted Adjusted Diluted Earnings Per Share from continuing operations, net of tax $13.70 $14.30

ANALYST & INVESTOR DAY 2022 129. Thank You

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8-K Cover Page	May 20, 2022
Cover [Abstract]
Document Type	8-K
Entity Registrant Name	TELEFLEX INCORPORATED
Document Period End Date	May 20, 2022
Entity Incorporation, State or Country Code	DE
Entity File Number	1-5353
Entity Tax Identification Number	23-1147939
Entity Address, Address Line One	550 E. Swedesford Rd., Suite 400
Entity Address, City or Town	Wayne,
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19087
City Area Code	(610)
Local Phone Number	225-6800
Title of 12(b) Security	Common Stock, par value $1 per share
Trading Symbol	TFX
Security Exchange Name	NYSE
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000096943
Amendment Flag	false