In addition, the Company has added market-based performance conditions, including a relative Total Shareholder Return ("TSR") metric that targets the Company's TSR performance at the 55 th percentile ranking relative to the constituents of the Nasdaq Composite Index. About Masimo Masimo (Nasdaq: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. In addition, Masimo Consumer Audio is home to eight legendary audio brands, including Bowers & Wilkins ®, Denon ®, Marantz ®, and Polk Audio ®. Our mission is to improve life, improve patient outcomes, and reduce the cost of care. Masimo SET ® Measure-through Motion and Low Perfusion ™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.