Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation

Fortive Corporation (Fortive) (NYSE: FTV) has been notified of an unsolicited mini-tender offer by TRC Capital Investment Corporation (TRC) for TRC to purchase for cash up to 2,000,000 shares, or approximately 0.59%, of the outstanding common stock of Fortive, at a price of $68.00 per share.