Baxter International said that on September 3, 2024, it mutually agreed with Mr. Brian Stevens that he would resign from his role as Senior Vice President, Chief Accounting Officer and Controller and principal accounting officer and would also end his employment as of the same date.

1. 01

   Baxter International said that on September 3, 2024, it mutually agreed with Mr. Brian Stevens that he would resign from his role as Senior Vice President, Chief Accounting Officer and Controller and principal accounting officer and would also end his employment as of the same date.

2. 02

   The company said Mr. Stevens will receive severance under the terms of the Executive Severance Plan set forth in the Proxy Statement filed with the SEC on March 25, 2024, subject to not revoking a general release of claims in favor of the company.

3. 03

   The company said Mr. Stevens' departure was not the result of any disagreement with the company on any matter relating to its operations, policies, practices, financial disclosures or accounting matters.

4. 04

   Baxter said its board approved the interim appointment of Joel Grade, Executive Vice President and Chief Financial Officer, as Chief Accounting Officer and PAO on September 3, 2024, and that he will continue in his current position with no change in compensation.

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