STRONGEST TOGETHER
2021 SUSTAINABILITY REPORTTable of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index©2022 Merit MedicalMerit Medical is dedicated to reducing its environmental footprint. To accomplish this,we continually evaluate our performance on preventing pollution, reducing waste, andpromoting the sustainable use of natural resources. Whether we are considering new
green building technologies at the start of a construction project, re-evaluating the way
we package and ship our products, or providing employees with farm-to-table nutrition
from our Utah headquarters’ on-site garden—we do so by applying a culture ofinnovation that results in lessening our impact on the world around us.

2021 Sustainability Report2

Table of Contents

A Message from
Merit Medical’s
Chairman and CEO

3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 PhilanthropyThe power of our people is tremendous. At Merit, our culture of understand,innovate, and deliver is at the heart of our success. We continue to do greatthings, despite the challenges of the ongoing COVID pandemic and resulting
disruptions in the global supply chain. We are proud of what we’ve accomplished, andwe strive to be equally as dynamic as we address Merit’s environmental, social, andgovernance (ESG) initiatives that are integral to and embedded within our long-termbusiness strategies.

opportunity ahead of us to meet and exceed the goals we have set for our company
and to continue to engineer the change we want to see in our world.
I am honored to highlight the good works of our people and invite you to learn moreas you continue to read our 2021 Sustainability Report. In addition to learning about
our environmental sustainability accomplishments, you will also find significant steps
we took in the areas of employee safety, product quality, women’s leadership, andphilanthropy across the globe.

SPARKING CHANGE
Merit team members across the globe are our most important and greatest asset.
Our people are passionate about making a difference where they live and work. I
often find our greatest achievements begin with a single spark produced by a teammember who chooses to ask the question of why. These individual “sparks” thenturn into trailblazing ideas that result in sweeping change within our organization. In
2021, we engaged in many projects that engineered important changes within our2030 operational sustainability goals we set in 2020. We addressed how we could
better package our products to reduce waste. We tackled significant conservation
projects, including the installation of water recirculation cooling systems, xeriscaping,and purchasing more green energy. Above all, we recognized we have no shortage ofAs we continue to face forward and overcome challenges, such as climate change
and social equity for all, I am confident that Merit remains a force for positive impact.
On countless occasions, we have met challenges with a spirit of creativity andcollaboration—never forgetting that great things happen with the smallest of sparks.

Fred Lampropoulos
Founder, Chairman, and CEO

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47 GRI Index©2022 Merit Medical

2021 Sustainability Report3

Table of Contents

A Letter from Merit Medical’sVice President of Environment,
Social & Governance3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a GlanceS

ince joining the team in 2015, I have learned there are two constants at Merit:innovation and change. Our culture of innovation leads to change as we
continuously strive to improve and push the bar that we measure ourselves
against ever upward, understanding the world is changing with us and needs thesolutions we can provide.

9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

Our environmental, social, and governance (ESG) priorities are more critical thanever to our shared success at Merit and to our relationship with the world. As a global
company, we understand the long-term health of our Merit team members, ourcustomers, and our communities rely on a healthier, sustainable, and equitable world.

16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

Merit’s corporate sustainability strategy focuses on adding business value by assessing
the risks and opportunities of our ESG aspects as well as addressing areas where we
can have the greatest impact. We achieve this through our Enterprise Risk/Opportunity
Management Program, engaging with stakeholders, and considering the areas where
we can have the greatest impact. Our 2021 Sustainability Report provides detail on how
advancing our corporate sustainability goals contributes to business value in material
areas, such as compliance and ethics, diversity and inclusion, employee health andsafety, environmental sustainability, product quality and innovation, and philanthropy.

As you read through this report, we are pleased to share valuable insights and results
we have achieved over the past year. We are thrilled to share our first year of comparable
performance to our 2030 operational sustainability targets we set in 2020, using 2020
as a baseline year. This includes our Merit Medical Statement on Climate Change that
addresses our views on and responsibility in reducing the impact we have on global
climate change and setting targets for the reduction of Merit’s greenhouse gas emissions,energy intensity, water intensity, and increases in our usage of renewable energy.
We take our responsibilities seriously and endeavor to improve the world byempowering our people and making their safety our top priority. People are Merit’s
greatest asset and by working together and raising the bar, we continue to build asustainable business and a sustainable future for all.
Sincerely,

Alisha Jerauld
Vice President, Environment,
Social & Governance

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47 GRI Index©2022 Merit Medical

2021 Sustainability Report4Board of Directors
Merit Medical’s Board of Directors is the highest governance body within our organization. Eight of the ten
members are independent or “non-executive.” Fred Lampropoulos serves as the president and chief executive officer

Table of Contentsof the company and chairman of the board. At the issuance of this report, the Board is structured as follows:

3 President & CEO’s Letter

INDEPENDENT COMMITTEESOF THE BOARD
The Board appoints members to its independent Audit,
Compensation and Talent Development, Environment, Socialand Governance, Finance, and Operating committees. Each ofthese committees has a written charter approved by the Boardand available at merit.com.

4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance

Fred Lampropoulos

F. Ann Millner

A. Scott Anderson

Jill Anderson

Lead Independent Director

Director

Director

9 2030 Targets Report

President, Chief Executive
Officer and Chairmanof the Board

COMPENSATION AND TALENT DEVELOPMENT COMMITTEE
A. Scott Anderson (Chair)
F. Ann Milner
Lonny J. Carpenter
Rear Admiral (Ret.) Stephen C. Evans
James T. Hogan

10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement

AUDIT
Lynne N. Ward (Chair)
Rear Admiral (Ret.) Stephen C. Evans
Thomas J. Gunderson
James T. Hogan

Lonny J. Carpenter
Director

Rear Admiral

Stephen C. Evans
US Navy Retired
Director

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David K. Floyd

Thomas J. Gunderson

Director

Director

ENVIRONMENTAL, SOCIAL, AND GOVERNANCE COMMITTEE
F. Ann Millner (Chair)
A. Scott Anderson
David K. Floyd
Lynne N. Ward
FINANCE COMMITTEE
Thomas J. Gunderson (Chair)
Jill Anderson
Lonny J. Carpenter
Lynne N. Ward

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OPERATING COMMITTEE
Lonny J. Carpenter (Chair)
Jill Anderson
David K. Floyd
James T. Hogan
Fred Lampropoulos

47 GRI Index

James T. Hogan

Lynne N. Ward

Director

Director©2022 Merit Medical

2021 Sustainability Report5Corporate Sustainability Council
Merit Medical’s Corporate Sustainability Council is sponsored by Chief Operating Officer Ron Frost and chaired by Vice President of Environment, Social & Governance Alisha Jerauld.
The council comprises senior representatives from Merit’s global divisions and key functions. Members direct the development of the corporate sustainability program and cultivate aTable of Contentscommon framework for it, ensuring strategic alignment among the divisions, functions, and executive team. As of the issuance of this report, the council was structured as follows:

3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report

Chief Operating Officer
Executive Sponsor

Alisha Jerauld

Jennifer Allan

Ricardo Alvarez

Mark Butler

Sarah Comstock

Vice President
Environment, Social &Governance, Council Chair

Director
Enterprise Risk Management

Managing Director,
Operations
Merit Medical Tijuana

Executive Vice President
Merit Medical EMEA

Vice President, Global
Communications

Clay Creamer

Rob Fredericks

George Frioux

Jim Mottola

Nicole Priest, M.D.

Vice President, Operations
Richmond & Houston

Chief Strategy &Innovation Officer

Vice President
Global Real Estate &Facilities

Ron Frost

10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement

David Lewis

Chief Compliance Officer

Executive Vice President
Global Research &Development

Chief Wellness Officer

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Neil Peterson

Mike Voigt

Matt Wiker

Vice President, Operations
Merit Medical
Salt Lake City

Chief Human Resources
Officer

Vice President
Global Supply Chain©2022 Merit Medical

2021 Sustainability Report6

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance

ABOUT MERITMEDICAL
Merit Medical Systems, Inc., is a leading manufacturer

9 2030 Targets Reportand marketer of proprietary medical devices used in

10 Enterprise Opportunity
Management

interventional, diagnostic, and therapeutic procedures,

13 Health & Safety

particularly in cardiology, radiology, oncology, critical care,

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

and endoscopy. We strive to be the most customer-focused

23 Quality Assurancecompany in healthcare. Each day we are determined

29 Environmental Sustainability
Merit Medical Climate
Change Statement

to make a difference by understanding our customers’

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needs and innovating and delivering a diverse range of
products that improve the lives of people and communities

OUR COMPANY
Merit was founded in 1987 by Fred P. Lampropoulos, Kent W. Stanger, Darla Gill,
and William Padilla. Initially, we focused our operations on injection and insert moldingof plastics. Our first product was a specialized control syringe used to inject contrast
solution into a patient’s arteries for a diagnostic cardiac procedure called an angiogram.
Since that time, our products and product lines have expanded substantially, boththrough internal research and development projects and through strategic acquisitions.
Our global headquarters is located in Salt Lake City, Utah, with our principal officefor European operations located in Galway, Ireland, and our principal office for Asian
distribution located in Beijing, China. We also support our European operations froma distribution and customer service facility located in Maastricht, The Netherlands.
In addition, we lease commercial space in India, Hong Kong, Italy, Dubai, Australia,
Russia, Canada, Brazil, Malaysia, South Korea, Japan, South Africa, Singapore, GreatBritain, Vietnam, Taiwan, New Zealand, Indonesia, and France as well as in California
and Texas. Our principal manufacturing and packaging facilities are located in Utah,
Virginia, Texas, Ireland, Brazil, France, Singapore, Mexico, and The Netherlands. Our
research and development activities are conducted principally at facilities located in
Utah, California, Texas, Ireland, France, and Singapore.

throughout the world. We believe that long-term value iscreated for our customers, employees, shareholders, andcommunities when we focus outward and are determined
to deliver an exceptional customer experience.

Our total manufacturing, commercial, distribution, and research space isapproximately 1.9 million ft2, of which approximately 1.0 million ft2 is owned,
and 0.9 million ft2 is leased. As of December 31, 2021, Merit employed 6,692
individuals located in approximately 39 different countries in a variety of roles.
In 2021, Merit’s net sales were $1.07 billion, and we produced approximately
82 million finished good units.

©2022 Merit Medical

2021 Sustainability Report7Key Figures at a Glance
Unit

Table of Contents

ECONOMY

2021

2020(Baseline Year)

1

Revenues
Net Sales$Thousands$1,074,751$963,875

Gross Profit$Thousands$485,333$401,777

Net Income (loss)$Thousands$48,454$(9,843)

Operating Cash Flow

$Thousands$147,231$165,270

5 Sustainability Governance
Board of Directors
Sustainability Council

Capital Expenditures for Property & Equipment$Thousands$27,939$45,988

Free Cash Flow

$Thousands$119,292$119,282

Long-term Debt

$Thousands$234,397$343,722

7 About Merit Medical

Equity$Thousands$1,039,799$958,575

3 President & CEO’s Letter
4 Our Commitment to
Sustainability

2

8 2021 Key Figures at a Glance
9 2030 Targets Report

ENVIRONMENT3

Total Energy Consumption

Thousands MJ

204,404

201,513

10 Enterprise Opportunity
Management

Percentage Energy from Renewable Sources

%

20%

5%

Total Greenhouse Gas (GHG) Emissions

MT CO2e18,20021,40013 Health & Safety

Total Water Consumptionm

243,299

233,826

16 Diversity, Equity & Inclusion

Water Intensity

m3/$KRev

0.22640.2426

Energy Intensity

MJ/$KRev

0.19020.2091GHG Emissions Intensity

MT/$KRev

0.01690.0222

Regular Full-Time Associates

6,692

6,096

US-Based Associates

2,926

2,925

Non-US Associates

3,766

3,171

0.8

1.1

1.6

1.8

0

0

20 Compliance & Ethics

4

5

3

23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
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SOCIETY

Total Recordable Incident Rate
Medical Equipment & Supplies Manufacturing Industry Average
Fatal Work-Related Accidents

647 GRI Index
1. Figures taken from Merit’s 10-K, released March 01, 2022, on Merit.com/Investors.
2. Free cash flow is a non-GAAP Metric defined as cash flow from operations calculated in accordance with GAAP less capital expenditures for property and equipment calculated in accordance with GAAP.
3. Environmental data is based on eight manufacturing locations and seven sales/distribution centers. During 2021, the method of reporting energy was changed from kilowatt hours to units of joules
to better align with GRI standards of reporting.
4. Total GHG emissions for scope 1 and scope 2.
5. Total water consumption in 2020 has been restated due to the addition of certain distribution centers that were added into the environmental tracking data for the corporation.
6. According to North American Industry Classification System (NAICS) for Miscellaneous Manufacturing, Medical Equipment and Supplies Manufactring: NAICS Industry 3391.
©2022 Merit Medical

2021 Sustainability Report82030 WATER GOAL

2030 ENERGY GOAL

2030 GHG EMISSION GOAL

Decrease water intensity
by 10% from 2020 baseline year,
indexed to revenue.

By 2030, 50% of Merit’s energy usage
will come from renewable sources, and ourenergy intensity will decrease by 10%,indexed to revenue.

By 2030, our GHG
emissions will decrease by 15%,
indexed to revenue.

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

OUR PROGRESS
Toward 2030 Targets

WE HAVE DEDICATED THAT BY YEAR 2030:• 50% of our total energy usage will come from renewable sources• Our energy intensity will decrease by 10% or more, indexed to revenue• Our greenhouse gas (GHG) emissions (scope 1 and 2) will decreaseby 15% or more, indexed to revenue• Our water intensity will decrease by 10% or more, indexed to revenue

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

Merit Medical pursues continuous improvement

23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

in company operations around the globe. Our 2030
Operational Sustainability Targets provide focus acrossDue to the exemplary performance in our first year’s results from our baseline year,
Merit will continue to evaluate these targets for increased performance year over year.

our organization, and we are passionate to go as

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The table below captures our progress toward these targets. Our operationalsustainability targets are measured against a baseline year of 2020. We adjust
this baseline for changes in our portfolio, assessment methods, and boundary
definitions to assure consistent measurement of our progress.

far as we can—then see how far we go!

OPERATIONAL SUSTAINABILITY TARGET PERFORMANCE(on a per $ of revenue basis)2030 Target

2021 Result

Percentage Energy from Renewable Sources

50%

15% Increase

Energy Intensity

10% Reduction

9% Reduction

GHG Emissions Intensity (Scope 1 and 2)

15% Reduction

24% Reduction

Water Intensity

10% Reduction

7% Reduction

47 GRI Index©2022 Merit Medical

2021 Sustainability Report98 2021 Key Figures at a GlanceEnterprise
Opportunity
Management

9 2030 Targets Report

Merit Medical has an established Enterprise

10 Enterprise Opportunity
Management

Opportunity Management (EOM) program in place

13 Health & Safety

to support successfully achieving the company’s

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

corporate vision, values, and objectives. With every

23 Quality Assurance

risk comes opportunity; with every opportunity comes

29 Environmental Sustainability
Merit Medical Climate
Change Statement

risk, and our aim is to focus on the opportunity. We

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recognize that risks and opportunities are present in all
business activities and that the effective managementof risk is a critical factor in maximizing organizational
value to meet the expectations of our stakeholders.

©2022 Merit Medical

2021 Sustainability Report10Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
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he EOM program is designed to actively engage executive leadership,with board oversight, in monitoring and managing critical corporate risks
and opportunities trending in our business and the environment in which
we operate as well as emerging and future risks on the horizon. Comprehensive
risk and opportunity management is an integral component of Merit’s culture
and is most effectively demonstrated in our people and how they approach their
responsibilities and make decisions.

T

As Merit’s Enterprise Risk Management program, EOM is aligned with the COSO
Enterprise Risk Management and ISO 31000:2018 frameworks.

EOM includes the following key elements:• Identification of Risks and Opportunities: Our EOM program isgoverned by a Chief Risk Committee (CRC) that meets regularly
to identify trending or emerging risks, including potential lost
opportunities, to be included in our portfolio of risks. Risks are owned
by members of the CRC (executive owners) who manage the risk
response within Merit’s risk appetite.
• Risk and Opportunity Assessment: At the direction of the CRC, crossfunctional teams meet to assess individual risks. Risks are scored todetermine if their likelihood and impact are being managed within thecompany’s appetite. Opportunities for improvement are identified andactioned at the direction of the executive owner. Risk assessments are
updated at least annually and more frequently as warranted.
• Monitoring and Communication: Intelligence is monitored
throughout the organization to keep a pulse on the internal andexternal environment in which Merit operates and to provide an
early indication of risk and/or potential opportunities. We recognize
and promote open and timely communication as a key factor inproactively responding to and managing risks and opportunities.

The following key risk management systems also function within Merit’s universe,
which coordinate with and complement our EOM program.
BUSINESS CONTINUITY MANAGEMENT SYSTEM
Merit is a complex global organization with varying disruptive risk factors
in different regions of the world. Crisis management, business continuity
redundancies, and disaster recovery plans exist in varying forms at our sites
throughout the world. In 2020, we hired an external consulting firm to review andrefine our global Business Continuity Management System (BCMS).
We will continue to drive the BCMS plans and procedures deeper and broader into
the organization and will continue, at regular intervals, to monitor and enhance
our BCMS program.
Our BCMS includes:• Business impact analyses and risk assessments to prioritize processes andestablish recovery time objectives that will guide recovery efforts in theunlikely event of any severe disruption.
• Tabletop exercises (scenario considerations for disruptions)—such as natural
disasters, supply chain and IT-system disruptions—to tailor our response tothese and other unique circumstances.
• Emergency response procedures to expedite an initial response to a disruptive
event, prioritizing the safety and security of individuals above all else.
• Communication plans to manage the response, inform team members and,
when appropriate, other stakeholders in the event of a disruption or crisis.

47 GRI Index
EOM comprises the company’s full risk universe. Environmental, Social andGovernance considerations are analyzed to ensure there is adequate coverage inour overall portfolio of risks, and we have plans to review this area further in 2022

©2022 Merit Medical

2021 Sustainability Report11Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance

We continually assess risks associated with our manufacturing processes.
Two areas we monitor on a regular basis are capacity and demand. Many
activities, reviews, and decisions are made with a focus on increasing flexibility
and exceeding customer expectations in terms of service and product delivery.

phishing attacks and have utilized third-party services to perform penetration
testing to identify weaknesses and enhance our cybersecurity efforts.

We recognize that maintaining the availability of information technology resources
is critical to the successful operations of the company on an ongoing basis andin the wake of a disruptive event. At Merit, we maintain information technology
Disaster Recovery Plans for all global systems that include redundancies and failover
protocol. These plans are maintained through periodic reviews and testing.
THIRD-PARTY RISK MANAGEMENT
We value the relationships we maintain with third parties that are integral
components of our success. Our team monitors and manages third-party risks inour service and supply chains as well as risks arising from information technology.

9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
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Service and Supply Chains:
We continually monitor our supply chain, assessing potential risks anddefining elements for risk mitigation to maintain a continuous supply of
products to our customers. We recognize supply chain risk is not limited tooperational impact, and we prioritize social and environmental concerns.
Responsible sourcing is a critical aspect of our supply chain management.
Our team also recognizes service providers and other indirect suppliers that
support our business, and we manage these relationships accordingly.

INFORMATION TECHNOLOGY
Third-party risks related to information technology can come through disruption
or data loss from our technical service providers or can result from cyber threats to
Merit’s systems. When it comes to maintaining the highest level of cybersecurity,
we recognize our team members as the first-line of defense in keeping our criticalinformation safe. We have conducted extensive internal awareness campaigns toemphasize the importance of following safe cyber practices. We have simulated

In addition, we are continuously transforming our infrastructure and cybersecurity
programs with a strong focus on risk mitigation and data protection. We utilize
many tools, such as password complexity, multi-factor authentication, intrusion
detection and prevention systems, and other privacy access controls. We also
maintain cyber insurance coverage.
QUALITY MANAGEMENT SYSTEM
Our quality management system (QMS) provides key risk assessment andmitigation activities related to Merit products. Product risk assessments are
performed to ensure device safety and efficacy as critical priorities. Supplier risk
assessments and audits are performed to guarantee our high standards of quality
are maintained throughout the supply cycle. Risks associated with manufacturing,equipment, material defects, and complaints are managed through our QMS,
with corrective and preventative action measures to drive continual improvement.

©2022 Merit Medical

2021 Sustainability Report12Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance

Health& Safety
Merit Medical promotes a culture where thehealth and safety of our environment, employees,

9 2030 Targets Reportcontractors, suppliers, partners, and customers

10 Enterprise Opportunity
Management

are a top priority. We believe everyone across the

13 Health & Safety

organization is accountable and responsible for

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

environmental health and safety (EHS), and we train

23 Quality Assurance

and ask every employee to actively champion the

29 Environmental Sustainability
Merit Medical Climate
Change Statement

behaviors and attitudes necessary to prevent work-

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related injuries, illnesses, property damage, andadverse impacts to the environment. In this way,
EHS is an integral part of our culture and adriver for sustainable growth.

©2022 Merit Medical

2021 Sustainability Report13

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management

GRI 403-1 | Occupational health and safety management system
MERIT’S ENVIRONMENTAL HEALTH AND SAFETY
MANAGEMENT SYSTEM (EHSMS)e subscribe to policies, systems, and tools that allow us to embed our
culture of innovation within EHS to care for our people and the planet.
Our EHS policy is displayed prominently at our locations in numerous
places as a visual reminder of our commitment to the health and safety of ourenvironment and our Merit family. Our team members wear the policy on their
ID badges to remind them that safety is number one.

W

Our trained and dedicated EHS teams utilize systems and tools to track and reporton metrics and indicators that help to drive forward awareness while identifying andmonitoring closure to corrective actions. During 2021, our total recordable injury
rate (TRIR) was 0.80. This is a large reduction from our TRIR of 1.10 in 2020. Partof this large reduction is due to the improvement made within our health and safetyincident tracking system as well as the increased number of sites that have certified
to ISO 45001 for occupational health and safety. We recognize that TRIR is alagging indicator, and focusing on leading safety indicators, such as safety audits,ergonomics, and good-catch reporting is key.

13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
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At the beginning of 2021, we made a commitment to certify our occupational healthand safety management systems to ISO 45001, recognizing the importance of thestandard. We are proud to report that in the past 12 months, we have obtained ISO
45001 certification at Merit manufacturing centers located in Salt Lake City, Utah;
Tijuana, Mexico; Houston, Texas; and Singapore. During 2022, we are committed
to obtaining certification at our remaining manufacturing centers located in Galway,
Ireland; Richmond, Virginia; Paris, France; and Venlo, Netherlands.
GRI 403-4 | During daily tier meetings, employees from all levels of manufacturing
operations detail safety reports and observations from our frontline teammembers who have internalized the “see something, say something” attitude
promoted each day at Merit. Our near miss and observations of unsafe condition
reports help to emphasize behavior-based safety in our operations.
KEEPING WELLNESS AT THE FOREFRONTAs a global employer, Merit provides opportunities to improve the well-beingof employees around the world, especially in the wake of COVID-19 andthe challenges it has brought to overall wellness. Our Chief Wellness Officer

Nicole Priest, MD, leads company-wide wellness programs that are making a
big difference in the lives of team members. In 2021, we launched a wellness
committee and created a “Get Healthy” global wellness program. The program
includes providing information from wellness experts, newsletters with health andnutrition tips, and opportunities for physical activity, such as walking groups andfitness challenges. In Merit cafeterias, we offer a free Healthy Choice option eachday, so employees can have easy access to nutritious meals.
GRI 403-3 | We continue to operate on-site health clinics at our largest facilities,
Merit Salt Lake City and Merit Tijuana. Our clinics are staffed with highly trained
medical professionals. Services and treatments include vaccines, diabetes care©2022 Merit Medical

2021 Sustainability Report14

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

and management, blood work, smoking cessation, cancer screenings, illness
and infectious disease diagnosis and treatment, women’s health, physicals,
weight management, pharmaceutical dispensary, nutrition consultations, on-site
employee assistance program (EAP) counseling services, and much more. Our
clinics and programs offer convenient and effective healthcare for our valued
employees and have resulted in seven consecutive years of zero cost increases
to our employees for their health insurance premiums (for those participating in
Merit’s healthcare insurance coverage).
GRI 403-6 | Merit provides benefits to employees including health care coverage.
The type of coverage is dependent on the plan available to associates in the area
they live. Merit provides employee assistance and voluntary health promotional

programs. Certain individual sites have developed comprehensive health andwellness promotional programs to encourage health & well-being.
At our Galway facility, we partner with Laya Healthcare to provide awell-being platform for team members located in Ireland. This digital solution
allows our team members to view and book upcoming wellness events. It
also offers employees articles, recipes, fitness tips, and courses for physical,
emotional, and mental health. In addition, employees can access the platform
to review their own personal health and well-being data and information. The
app can also sync to an employee’s Fitbit® or Apple Watch,® providing accessto a health coach program, home workouts, and important healthmeasurements, and statistics.

©2022 Merit Medical

2021 Sustainability Report15

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

Diversity, Equity, and Inclusion
Merit Medical understands that a diverse workforce brings valuable global benefits to the entire
organization. Advantages include greater innovation, learning, growth, and productivity. We continue
to work toward the goal of maintaining an inclusive global culture that reflects the diversity of the

44 Awards
46 Report Parameters

customers we serve and fosters an environment where all employees feel welcome, respected, and valued.

47 GRI Index©2022 Merit Medical

2021 Sustainability Report16

more than 34% of our management team are women. Our global workforce comprises
56% female team members, and 51% of our team members come from diverse
minority backgrounds. While we are proud of our progress, we recognize there is stillroom for improvement and are working on initiatives in this area.

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

THE POWER OF DIVERSITY
ur team is committed to providing equal opportunity in all aspects of
employment. We are an equal opportunity/affirmative action employer
committed to making employment decisions without regard to race,
religion, ethnicity or national origin, gender, sexual orientation, gender identity or
expression, age, disability, protected veteran status, or any other characteristics
protected by law.

O

We also value the broad range of backgrounds and experiences our employees
bring to the organization and recognize that this diversity has enabled us
to achieve success as a leader within the industry. Merit does not tolerateharassment or discrimination of any applicant, employee, customer, or service
provider because of age, race, color, religion, sex, ancestry, national origin,military service or application, marital status, citizenship status, physical or mental
disability, genetic information, sexual orientation, gender identity or expression, orother protected characteristics under federal, state, or local law.
We are committed to recruiting and retaining diverse team members at all levels of theorganization who can share their varied perspectives on the most complex challenges
facing us as we work toward a more equitable world. Today, Merit’s Board of Directors
comprises 30% women, and 40% are directors with diverse backgrounds. Additionally,

EMPLOYEE ENGAGEMENT
The engagement of our workforce is critical to delivering on our competitive
strategy, and we place high importance on informed and engaged employees.
We communicate frequently and transparently with our employees through avariety of communication methods, including video and written communications,town hall meetings, and our company intranet. We acknowledge individual
contributions to Merit by celebrating milestones of service in five-yearincrements. As a result of the COVID-19 pandemic, we further strengthened
our communication platform to employees, keeping them informed on criticalpriorities, important actions being taken by management in response to thepandemic, and continued efforts to protect employee health, safety, and wellbeing. In addition, the role of Vice President Corporate Communications wasadded to specifically focus on improving communications within Merit.
MAKING A DIFFERENCE AROUND THE GLOBE
Merit, USA
In 2021, Merit launched their North
America Women’s Leadership Initiative(WLI) with tremendous success. The
WLI is an affinity group led by womenthat is open to all Merit employees. The group employs a comprehensive program
to cultivate employee engagement and retention by holding meaningful events
that facilitate both personal and professional development.
Merit Salt Lake City, Utah
At Merit Salt Lake City, we seek to hire a diverse workforce. We partner with
People Helping People, an employment program dedicated to supporting
low-income women and single mothers in reaching their full potential in theworkplace. Also, Merit partners with the Utah Refugee Education and Training
Center, an organization focused on fostering and creating opportunities forrefugees to access family-sustaining employment. In addition, we work with Patriot
Partners, an organization that promotes the hiring of US veterans.

©2022 Merit Medical

2021 Sustainability Report17

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

Merit Richmond, Virginia
Our team in Richmond, Virginia, is proud to partner with Chesterfield Employment
Services, a program designed to create partnerships in the local community
between businesses and employees with intellectualand developmental disabilities. Our Richmond teammembers work side by side with their colleagues
from Chesterfield Employment Services to gather
recyclable items and process them for pick up,
ensuring our Richmond plant reaches their green
initiatives through recycling and waste reduction.
Merit Asia
Our Merit Asia Women’s Leadership Network has a mission to promote diversity
and inclusion by empowering women through networking, collaboration, andexperience sharing. In addition, the Merit Asia Academy facilitates the skills
and knowledge development of employees in the region. The Academy focuses
on four major areas: providing foundational information and knowledge to
new employees, enhancing the leadership and management capabilities andcompetencies of our management employees, strengthening the go-to-market
capabilities of our sales and marketing employees, and strengthening thecompetencies of our back-office employees.
In 2021, the China region wasrecognized by the Top Employer China
2022 award by the Top Employers
Institute. The Top Employer Certification
is a certification process of practices
that Merit Asia offers to employees,
encompassing more than 600 best practices. They measure information
pertaining to people development, talent strategy, talent acquisition andonboarding, and the positive effect of these policies.

Merit Galway
Since 2018, Merit Galway has partnered with the NUI Galway Youth Academy, anoutreach program aimed at working with children ages 9–12 years. This programprovides children with a sense of university life and the opportunity to study a fun but
high-level course in a college subject area. This unique partnership with Merit Galway
enables the Youth Academy to continue to develop and positively impact local youth
and combat disadvantage. Our Galway team has also partnered with the Galway
Science Festival and SMART Futures program, which is Ireland’s premier event for
promoting science, technology, engineering, and mathematics (STEM) education forchildren. Our Galway team has been proud to be a part of this wonderful educational
event through information sharing and fun experiments for children.
For professionals new to the medtech industry, Merit Galway has created the
Employee Resource Group led by graduate engineers and co-op students whomeet virtually each month to network, build bonds with team members, develop
training opportunities, and share cross-functional knowledge. This valuable
program has increased employee engagement at Merit Galway and is a great way
to foster inclusion, networking, and retention of top talent.
Merit Tijuana
Merit Tijuana partnered with a local school system to provide employees withthe opportunity to continue their education on-site with external teachers. The
program helped employees complete high school and university degrees. In
addition, there are learning programs for quality, technical skills development,
program management, safety, and learning English. In 2021, 20 employees
benefitted from this program. To date, there have been three generations ofgraduates in Merit Tijuana with educational levels in primary, middle school, highschool, university, MBAs, and certified courses.

Merit Asia received several awards from a local leading media organization,
Job Market. Job Market is a prestigious honor bestowed upon top organizations
who demonstrate superior talent management strategies, programs, and humanresources best practices. Merit Asia awards from Job Market included: Employer of
Choice Award 2021, Employee Communication Award, Leadership Development
Award, and Asia Pacific Outstanding Employer Award.

©2022 Merit Medical

2021 Sustainability Report18

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

In 2021, Merit Tijuana implemented the Excellence Merit Awards, an event thatcelebrates and recognizes employees. Ideal behaviors are recognized within thecompany through the nomination and vote of Merit team members, with the goalof recognizing the employees who exemplify Merit core values.
Merit Singapore
Our Merit Singapore team has taken employee training to the next level bydeveloping and implementing a Talent Development program for current
employees with the goal of building a high-performance, sustainable workforce
with pathways to develop leadership opportunities. This impactful four-phaseprogram includes talent assessment, learning and development, mentoring/coaching, and execution and review. Each phase is structured to help employees
understand their core strengths and talents, build upon them while adding new
skills and knowledge, and then put everything into action with new tasks andprojects overseen by a mentor/coach throughout the program.
Merit Singapore is proud of its efforts to ensure equitable leadership withthe plant leadership team comprising 45% female leaders.

LEFT TO RIGHT: Diamond Leader | Evelia López (Program Manager), Culture Example | Juan Siordia (Team
Leader), Coping with Adversity | Alondra Chaparro (Purchasing Supervisor), Behind the Scenes | Ricardo
Sánchez (Technician II), Outstanding Service | Daniela Martínez (Trade Compliance Analyst)

Merit EMEA
Our Merit Europe, Middle East, and Africa (EMEA) team focused on Merit’s
investment to protect the environment. Employees received a reusable waterbottle made from recycled plastic waste retrieved from the ocean. The goal wasto encourage using the bottle rather than paper or plastic cups and helped raise
employee awareness regarding the amount of plastic found in our oceans.
Our Merit EMEA WLI teamcontinues to offer professional
growth, networking, opportunities
for personal and professional
enrichment, leadershipdevelopment, career evolution,and community involvement
activities.

©2022 Merit Medical

2021 Sustainability Report19

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical

Compliance& Ethics

8 2021 Key Figures at a Glance
9 2030 Targets Report

Merit Medical is committed to a strong compliance

10 Enterprise Opportunity
Management

and ethics culture. Corruption and unethical conduct

13 Health & Safetyof any kind undermines our integrity and reputation

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

and is contrary to our values and long-term success.

23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index©2022 Merit Medical

2021 Sustainability Report

20

CLICK THE BELOW LINKS TO READ THE FULL POLICIES.
Compliance & Ethics

Code of Conduct for Suppliers

Open Payments and Transparency

Business Conduct Hotline Data Protection Notice

Conflict Minerals Policy

Human Rights and Labor Standards Policy

4 Our Commitment to
Sustainability

California Declaration of Compliance

Conflict Minerals Report

UK Modern Slavery and Human Trafficking Statement

5 Sustainability Governance
Board of Directors
Sustainability Council

California Transparency Act

Environmental Health and Safety Policy

Table of Contents
3 President & CEO’s Letter

7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

GRI 205-2 | BUILDING TRUSTt Merit Medical, we know that responsible business practices are essential
to fulfilling our mission of saving and improving people’s lives. We
demonstrate this advocacy by maintaining ethical and responsible policies
and practices and embedding these throughout all levels of the organization. We
hold ourselves accountable to high standards of honesty, fairness, and integrity.

organization, and publicize the Merit Medical Alert Line, a system administeredby a third party, for confidential reporting of potential or actual misconduct
without fear of retaliation.

COMPLIANCE OVERSIGHT
Merit compliance and anti-corruption policies are designed to ensure interactions
with healthcare professionals and organizations will benefit patients and enhance
the practice of medicine. Every Merit employee is responsible for adhering to thesepolicies as well as complying with all laws and regulations, e.g., the U.S. AntiKickback Statute, the False Claims Act, the Foreign Corrupt Practices Act (FCPA),
export and import regulations, advertising and promotion laws, and applicable
Sunshine/Transparency Laws.

to our success as we move forward as a company. In 2021,

A

These policies, procedures, and controls will be instrumental

16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

Our business practices are monitored and subject to control systems, which
are overseen by Merit’s Chief Compliance Officer, who reports regularly toan established Compliance Committee and the Merit Board of Directors. We
frequently communicate compliance standards and provide annual training toappropriate employees, monitor and conduct risk assessments tailored to thenature of our business operations, audit certain functions and risk areas,
promote and enforce a compliance program consistently throughout the

we resumed our support of humanitarian missions andmedical education conferences, albeit in a limited fashionin light of COVID restrictions. We were able to partner with
the Heineman-Robicsek Medical Outreach group to provide
critical products to support its medical mission to Belize.

©2022 Merit Medical

2021 Sustainability Report21

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

COMBATING HEALTHCARE FRAUD AND CORRUPTION
To build patient-focused relationships with healthcare providers based on
integrity, trust, and honesty, we continue to strengthen and enforce global
compliance and anti-corruption initiatives designed to ensure that businessis never won through bribes, kickbacks, or other illegal payments. This effort
includes extensive training of employees and hundreds of third-party distributors,
due diligence when onboarding employees and third parties, compliancerisk assessments, monitoring our interactions with healthcare providers, andtransparency (Sunshine) reporting. In 2021, we made improvements to our grantpolicies and processes, and we adopted new policies, procedures, controls, andtraining to assure compliance with Merit’s Corporate Integrity Agreement with the
US Office of Inspector General. We are also continually enhancing our systems
and processes to adapt to an ever-changing legal and regulatory landscape.
CONFLICT MINERALSIn 2021, we conducted a good faith and reasonable country-of-origin inquiry
regarding the origin of the gold, tin, tungsten, and tantalum (3TG) necessary forthe functionality or production of products manufactured, or contracted to be
manufactured, by or for Merit. The reasonable country-of-origin inquiry consistedof a survey of supply-chain suppliers of parts or materials necessary for thefunctionality or production of products manufactured by or for Merit.
We utilized the Organization for Economic Co-operation and Development
Due Diligence Guidance for Responsible Supply Chains of Minerals from ConflictAffected and High-Risk Areas, to the extent practicable and reasonable given ourparticular supply chain and industry. We sought to identify the originating smelter orrefinery for 3TG to discover whether the smelter or refinery had been determined
to be conflict free by existing industry and/or trade association programs.

44 Awards
46 Report Parameters
47 GRI Index©2022 Merit Medical

2021 Sustainability Report22

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics

Quality
Assurance
We are fully committed to delivering excellence acrossall aspects of our business. This includes the highest-

23 Quality Assurance

quality products, turnaround time on shipping and

29 Environmental Sustainability
Merit Medical Climate
Change Statement

deliveries, and the additional value we can bring to the

40 Philanthropy

healthcare system with clinician training programs.

44 Awards
46 Report Parameters
47 GRI Index©2022 Merit Medical

2021 Sustainability Report23

ur commitment to quality begins with our Quality Policy. This policy
was developed by a cross-functional senior leadership team led by Fred
Lampropoulos, Chairman and Chief Executive Officer.

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a GlanceO

Merit Medical Systems, Inc., strives to improve patient care by providing
high-quality, innovative products and services while satisfying all relevantlaws and regulations. Our primary concern is the safety and effectivenessof our products and services.

Our Quality Policy is on display throughout our facilities, has been translated
into relevant local languages, and is attached to each employee’s security/
access badge at the time of hire. Employees are introduced to this policy during
orientation programs (at time of hire) and, at a minimum, annually thereafter
during QMS training.

We are dedicated to maintaining the effectiveness of our quality
management system by meeting established objectives, constantly
assessing products and systems, and implementing continuous
improvement projects.
—Quality Manual

9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

South Jordan, UT

Roseville, MNMarkham,Ontario, Canada

Venlo,The Netherlands
Reading,
United Kingdom

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

Patient care is central to our mission. Providing high-quality, innovative
products that are safe and effective is our primary goal. Merit’s Quality Policy is
supported by a quality management system (QMS), which is designed to deliver
innovative quality products and services throughout all stages of a product’s
lifecycle, including design, manufacturing, pre- and post-clinical trials, customer
evaluations, and Post-Market Surveillance (PMS).

QUALITY MANAGEMENT TEAM
Our organizational structure includes an independent Quality Assurance functionthat establishes, monitors, and maintains the QMS. The Merit Vice President of
Global Quality Assurance also serves as the Global Quality System Management

Moscow, Russia

Beijing, China

Maastricht ,The Netherlands

Shanghai, China

Quality

Galway,Ireland

23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

Seoul, South Korea

Paris, France

Jackson, NJ

Tokyo, Japan

Milan, Italy

Aliso Viejo, CA
Richmond, VA

Taipei, Taiwan

Tijuana, Mexico
Hong Kong

Addison, TX
Pearland, TX

Guangzhou, China

Bangkok,Thailand

44 Awards
46 Report Parametersis the responsibility of
all Merit employees.

Hanoi, Vietnam

Dubai,
UAE
Toluca, Mexico

Istanbul,
TurkeyMexico City, Mexico

Ho Chi Minh City, Vietnam
Bangalore,
India
Singapore

47 GRI Index

Kuala Lumpur,
Malaysia

São Paulo, Brazil

Jakarta,Indonesia
Auckland,
New ZealandJoinville, Brazil

Merit Medical Sales
Merit Medical Manufacturing
Merit Medical Distribution

Johannesburg,
South Africa

In addition, 5.6% areresponsible for Design
Assurance, ProductInspection, Quality
Assurance, Field Assurance,
and Quality Engineeringin addition to Sales andDistribution Support

Melbourne,
Australia

Merit Medical Research & Development©2022 Merit Medical

2021 Sustainability Report24

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability

Representative (GQSMR). The GQSMR has the authority/responsibility to:• Ensure that processes needed for the QMS are established, implemented,
maintained, and compliant with current Global Regulatory Requirements;• Report on the performance of the QMS and any need for improvement toexecutive management;• Interact with external bodies on matters relating to the quality system; and• Ensure awareness of all applicable regulatory, customer, and quality
management requirements throughout the organization.

5 Sustainability Governance
Board of Directors
Sustainability Council

Each Merit operations location has a designated quality leader who oversees
quality assurance and acts as the appointed QMS representative.

7 About Merit Medical

QUALITY COMPLIANCE
Merit’s QMS is designed to closely align with the requirements of ISO
13485:2016 for Medical Device Operations and that of ISO 9001:2015 forGeneral Manufacturing Operations at a minimum. International and customerspecific requirements are blended into our systems as required. Merit maintains
certification to both these standards, in addition to Medical Device Single Audit
Program (MDSAP) Certification at our Global Medical Device Operations.
During 2021, Merit continued its independent assessment plan for compliance toEuropean Union Medical Device Regulation (EU MDR); all sites that hold Legal
Manufacturing responsibilities have successfully completed this assessment.

8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement

audit team members. Actions arising from these audits are managed througha Corrective and Preventive Action (CAPA) process. Learnings from audits areshared and, where practical, corrections are driven globally where the potential of
non-conformance exists in two or more sites.
Globally, we are actively involved in various advocacy and trade association
network groups (e.g., Quality/Regulatory/Sterility Assurance, etc.) comprisingindustry peers, regulatory bodies, and learning institutions whose collective
purpose is to share knowledge with respect to regulatory expectations,
implementation of regulations, incorporating acknowledged state-of-the-art
practices, and application of changes or new regulations for the betterment ofpatients and the environment.
GRI 416-1 | PRODUCT SAFETY
The provision of high-quality, innovative products that are safe and effective is
our primary goal. Our focus on product safety and performance starts with the
Design Control process which rigorously defines performance requirements, safety
requirements, and user requirements (inputs) into a physical design (outputs) toachieve intended use. The pathway between design inputs and design outputs
goes through an extensive risk management process, as defined by ISO 14971(Medical Devices—Application of Risk Management to Medical Devices).

NUMBER OF AUDITS IN 2021

40 Philanthropy

36

15

127

44 Awards

Regulatory Audits

Customer Audits

Internal Audits

46 Report Parameters
47 GRI Index
We welcome external review and assessment of our QMS by regulatory agencies
and customers alike. A win for us is when these assessments highlight areasof compliance and areas where opportunity exists to be better. In addition toexternal reviews, the assigned QMS representative at each site develops an annual
Internal Audit Schedule and coordinates its completion with suitably trained

Design outputs and risk controls are verified during Design Verification to achievesafe medical device products. Product use and performance are validated
through Design Validation activities which are performed in a simulated or actual©2022 Merit Medical

2021 Sustainability Report25

clinical environment by trained clinical professionals or application experts. Once
validated, products are transferred to production where Process Validation ensuresthat all risk controls are properly implemented to realize safe medical devices.

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

We are committed to improving products by the reduction of residual risks basedon internal/external vigilance inputs to ensure that products meet/exceed thecommercial state of the art.
GRI 416-2 | PRODUCT & SERVICE PERFORMANCE
Once commercialized, product performance characteristics are monitored
through PMS activities. These activities are both proactive and reactive andinclude but are not limited to:Reactive Feedback• Product customer complaints• Worldwide safety and performance data accumulated through countryspecific databases (e.g., FDA-MAUDE, Total Product Lifecycle or TPLC,
and the Therapeutic Goods Administration Database of Adverse Event
Notifications or TGA-DAEN)• Product recall history for Merit products as well as similar/equivalent
products available• Product safety and performance as a measure of the volume of product sold• Comparison of clinical research/clinical literature that is pertinent to Meritproducts (and/or equivalent products in the market)
REACTIVE, PERFORMANCE METRICS

Proactive Feedback
EU MDR requires a PMS plan for each device to proactively collect data about
the safety and performance of the devices. We comply with this requirement bycollecting data through Proactive Post-Market Surveillance (PPMS) activities or
Post-Market Clinical Follow-up (PMCF) activities.
To support compliance to EU MDR,
we designed and implemented a Voiceof Experience (VoX) system to collectpertinent customer feedback, relating
their experiences with device safety andperformance, for those devices classified
as Class I or Class II (EU MDR Classification).
The data collections are designed to focus on customer needs, expectations,
understandings, and product improvement. VoX enhances and supplements
customer engagement activities in place through commercial teams andpromotes product centric feedback.
For Merit devices classified as Class IIb or higher within the Union Market, wehave developed PMCF plans for all commercially available product families, which
include defined safety and performance feedback objectives. We are currently inthe “active data collection” phase for many of these plans (i.e., PCMF execution),
which consists of collecting patient-level data. Once collected, the data will feed
directly to product risk management and PMS annual reviews.

ZERO

5%

Class 1 Recalls

2021 reportable rate

3 years (2019 – 2021)

per 1M units sold lower than 2020
rate, per 1M units sold (MAUDE)

These activities monitor the totality of the risks presented through the typical use
of a device (i.e., product risk profile) to ensure that the risk profile is not increasingover time. If safety or performance signals are detected through the PMS systemthat indicate an increased risk profile, the system is designed to drive corrections
or improvement to return to (or improve upon) the original approved risk profile.
The PMS system is a highly interactive safety and performance monitoring processthat leverages real-time, reactive, and proactive quality data in combination withwell-established, closed-loop, interdependent quality systems to monitor andreport product performance and safety throughout the product lifecycle.

©2022 Merit Medical

2021 Sustainability Report26

Customer Partnership
We are committed to our role as an education partner through our Think
Education™ program. Courses are designed and taught by physicians and include
didactic presentations, taped or live cases, and hands-on training. We believe thata successful program provides an enjoyable education experience as well as theclinical support needed for physicians to implement learning once they return totheir practice. Despite the global pandemic, Merit education was strong with 37
new in-person and live virtual courses offered, the implementation of our new ondemand education portal MeritThinkEducation.com, and our field-based clinicaleducators reached more than 4,000 clinicians from all over the globe.

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

Delivery Performance
In addition to Product Performance metrics, Delivery Performance is also
assessed by measuring:• Delivery, ≤ 3 days, direct market, 92% of orders• Administrative complaints, ≤ 1%, all orders return for service-related complaint

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

DELIVERY PERFORMANCE, METRICS (2021)

23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards>92%
On-time Delivery≥99%
Orders, Delivered,
Right First Time

46 Report Parameters
47 GRI Index

2021 THINK EDUCATION IN NUMBERS

We have consistently exceeded our goal of delivering products to the direct
market within 3 days or less of order placement, 92% of the time during 2021.
In addition, approximately 0.97% of all orders placed during 2021 reported anadministrative complaint (e.g., shipped wrong product, shipment lost, etc.).

37+

4K+

NEW

New Courses

Clinicians
Reached

On-Demand
Education Portal©2022 Merit Medical

2021 Sustainability Report27

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management

Supplier Quality Management
The Merit Global Procurement team manages over $230M in annual directpurchases (i.e., items/services that may directly affect product quality). The
responsibility for the provision of high- quality, innovative products that are safe andeffective is shared with these direct suppliers. Responsibilities and methods for thepurchasing process are defined and controlled by documented procedures, thus
ensuring that all purchased products and services conform to specified requirements.

Supplier selection and the degree of control exercised are dependent upon the
product/service type and quality impact and is proportionate to the level of risk
associated with the device, compliance to applicable regulatory requirements,
supplier performance, previous relationships, and Merit requirements. Suppliers
are assessed and approved prior to use and are subject to ongoing monitoringof performance (e.g., Incoming Inspection Results, Supplier Corrective Action
Response, Supplier Quality Audits, etc.) throughout the commercial arrangement.

2021 DIRECT SUPPLIERS IN NUMBERS

1795

33

98.4%

24

114

Direct SuppliersCountries(located)

2021 First-Pass

2021
Supplier
Audits2021 SCAR(Incoming Quality
Inspection)(Supplier Corrective
Action Request)

13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
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47 GRI Index©2022 Merit Medical

2021 Sustainability Report28

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

Environmental
Sustainability
As a leading global manufacturer of medical devices,
Merit Medical plays a significant role in contributing to a

16 Diversity, Equity & Inclusion

sustainable future. Our core beliefs and our goal to be the

20 Compliance & Ethics

most customer-focused company in healthcare are at the

23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

heart of everything we do. We strive to offer superior safeand effective products in a sustainable manner, providing
for the health of our customers and the health of our

44 Awards
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communities. We understand that sound environmental

47 GRI Index

practices are beneficial to our business and to ourstakeholders, both now and in the future.

©2022 Merit Medical

2021 Sustainability Report29

STATEMENT ON CLIMATE CHANGE

One of our key environmental risks stems fromthe type of products we produce. Single-use

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

A

ddressing climate change,
and the greenhouse gas (GHG)
emissions that contribute toit, requires urgent action and long-term
commitments by all members of society. Our
dedication to reducing GHG emissions andaddressing climate change that threatens
human health supports and furthers our
mission at Merit Medical to be the mostcustomer-focused company in healthcare.
We acknowledge the scientific evidence
presented by the Intergovernmental
Panel on Climate Change (IPCC)
concerning the need to limit global
average temperature increase to avoid
catastrophic effects of climate change.
We also understand the risks andopportunities that climate change brings
to Merit’s global organization and assess
these risks and opportunities within ourEnterprise Opportunity Management(EOM) program. We recognize that using
energy effectively and efficiently as wellas investing in renewable energy canconserve natural resources and reducefossil fuel combustion that contribute to
GHG emissions and global warming.
We are committed to reducing
the environmental footprint of ourorganization through increased
efficiency, resource conservation,
responsible procurement and logistics,
and product innovation. As such, we havedesignated 2020 as a baseline year andhave made the following commitments
by the end of year 2030:• 50% of our total energy usage will

come from renewable sources.
• Our energy intensity (kWh/$ revenue)

will decrease by 10% or more.

medical devices play a significant role in patient
safety and outcomes. However, at the endof their use, even when disposed of properly,
they have an impact on the environment. We
therefore strive to continuously improve how wemanufacture and distribute our products, aiming
to make significant contributions in the material• Our GHG emissions will decrease by

15% or more, indexed to revenue.

areas where we can have the greatest impact.

In addition, we have set goals todecrease our water intensity by 10%,indexed to revenue. Through theseactions we believe we will reduce GHGs
from our operations, contribute to
reducing our overall usage of natural
resources, and mitigate environmental
impacts in our business.
To learn more about our efforts to reduce
GHG emissions, energy consumption,and natural resource usage, visit our
Corporate Sustainability Report atwww.merit.com/about/corporatesustainability/.

ADDRESSING CLIMATE CHANGE
he Merit Medical Systems, Inc. Statement on
Climate Change (see to the left) discusses our positionon the threat of climate change and our dedication
to doing our part to make a difference.

T©2022 Merit Medical

2021 Sustainability Report30

2030 GHG EMISSION GOAL

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report

Energy & GHG
Emissions

10 Enterprise Opportunity
Management

Each year, environmental data and emissions estimates

13 Health & Safety

are reviewed for changes as a part of our data validation

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

process. As a result, figures and totals depicted in this year’s

23 Quality Assurance

Sustainability Report may include minor updates versus data

29 Environmental Sustainability
Merit Medical Climate
Change Statement

published historically. As part of our continuous improvement,

40 Philanthropy
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47 GRI Index

we have aligned our energy and emissions reporting withthe standards published by the Global Reporting Initiative.
All environmental reporting includes Merit-owned and/or
Merit-controlled locations greater than 10,000 ft.2

By 2030, our GHG
emissions will decrease by
15%, indexed to revenue.
Energy is a significant manufacturing input and cost within our global operations,so energy efficiency and conservation are important objectives within ourbusiness. Using energy effectively conserves resources, advances environmental
performance, reduces the burning of fossil fuels, and improves air quality.
Emissions Factors: GHG emissions are reported for scope 1 and scope 2.
Scope 1 emissions are calculated utilizing the Greenhouse Gas Protocol tools
which utilize the global warming potential (GWP) rates from the IPCC, 5thAssessment Report (AR5), 100-year time horizon values. Scope 2 emissions arecalculated using location-based resources, such as the Emissions & Generation
Resource Integrated Database (eGRID) published by the Environmental Protection
Agency (EPA) for US locations and the International Energy Agency (IEA) 2021,
emissions factors for global locations.
We have committed that by 2030, we will reduce our GHG emissions intensity
by 15% from our baseline year of 2020. Recent site-based initiatives to reduce
direct emissions include moving to LED lighting, installing motion sensors for©2022 Merit Medical

2021 Sustainability Report31

ENERGY INTENSITY (MT/$KRev)
0.25
0.2

0.209065491

Table of Contents

0.190187309

0.15

3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

0.1
0.05

lighting, upgrading to more energy-efficient equipment, and optimizing plantsystems. Sites are also reducing indirect emissions by procuring renewable energy
sources for electricity needs.
GRI 305-1 // GRI 305-2 | In comparison to our 2020 baseline year, we have seen
a reduction in energy intensity and GHG emissions (scope 1 and 2). Our energy
intensity decreased by 9%. While total energy usage consumption rose by 2,891
MJ across the organization, our utilization of that energy to produce revenue
has resulted in the decrease in our overall energy intensity. Our GHG emissions
intensity decreased by 24%. This is a result of moving to more green energy,
the rise in our overall revenues, and the incremental improvement in locationbased emissions factors for 2021. Our total GHG emissions (scope 1 and 2) for
2021 were 18,200 MT of CO2e, a decrease of 3,202 MT of CO2e from our 2020
baseline of 21,402 MT of CO2e. Total scope 1 emissions for 2021 were 3,415 MT
of CO2e from stationery and vehicle combustion, and scope 2 emissions for 2021
were 14,785 MT of CO2e.

02020 Baseline

2021

SCOPE 1 AND SCOPE 2 EMISSIONS (MT)25,00020,00015,000

5,000

3,415

2,995

2021

2020

-

Scope 1 emissions

During 2021, our total global energy usage was approximately 204,404, MJ,
an increase of 2,891 MJ over the 2020 baseline energy consumption of 201,513
MJ. This includes purchased electricity and fuels used by Merit-managed andMerit-operated facilities.

18,405

14,785

10,000

Scope 2 emissions

GHG EMISSIONS INTENSITY SCOPE 1 AND SCOPE 2 (MT/$KRev)
0.025044 Awards
46 Report Parameters
47 GRI Index

0.02000.02220.01500.01690.01000.00500.0000©2022 Merit Medical

2020

2021
2021 Sustainability Report32

Table of Contents

2030 ENERGY GOAL

3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management

By 2030, 50% of Merit’s
energy usage will come fromrenewable sources, and ourenergy intensity will decreaseby 10%, indexed to revenue.

13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

RENEWABLE ENERGY (MJ)
250,000,000

200,000,000

150,000,000

INCREASING OUR USAGE OF GREEN ENERGY
Supporting and utilizing renewable “green” energy is pivotal to our long-termclimate change strategy at Merit. During 2021, we increased our overall usageof renewable energy by 15%. We do this through a variety of methods, includinghydroelectric power, purchasing units of energy generated through wind and solarfrom local utility providers, and new for 2022, the installation of solar panels on
selected Merit properties. Part of our continuous improvement goals is creating
long-term site plans for each of our locations that include an assessment on
increasing green energy usage year over year.

162,948,761
191,452,533

100,000,000

50,000,000

41,454,760
10,060,006

2021

2020
Renewable

Non-renewable

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2021 Sustainability Report33

Table of Contents
3 President & CEO’s Letter

2030 WATER GOAL

4 Our Commitment to
Sustainability

WATER INENSITY (M3)
0.3

5 Sustainability Governance
Board of Directors
Sustainability Council

0.25

0.242589547
0.226377086

0.2

7 About Merit Medical
0.15

8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

Water

Decrease water intensity
by 10% from 2020 baseline
year, indexed to revenue.

0.1

0.05

0

GRI 303-1 | Water can be withdrawn from multiple sources. Most of the water used
at Merit facilities is withdrawn from surface water, for example lakes and rivers.
Water risk is identified as one of Merit’s key environmental challenges andopportunities. Water is a globally shared resource, but goals and initiatives are
addressed at the site level by understanding local/regional water basin activity
and stress. We continuously work to understand the impact of water use at eachof our operating facilities and to enact programs that improve water efficiency.

2020

2021

GRI-303-5 | Our 2030 Operational Sustainability targets include a 10% reduction
in water consumption per dollar of revenue earned. During 2021, our total global
water consumption at sites greater than 10,000 ft2 was 243,299 m3, an increase of
9,473 m3 from our 2020 baseline year of 233,826 m.3 However, our water intensity
decreased by 7% compared to our 2020 baseline year due to an incremental
increase of revenue from 2020 to 2021.

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2021 Sustainability Report34

WATER RISK ASSESSMENT
Table of Contents
3 President & CEO’s Letter

Water Depletion

Baseline
Water Stress

Available Water
Remaining

Drought Frequency
Probability

Tijuana

4

5

4

4

Site

Country

River Basin

Tijuana

MexicoSalt Lake City

USA

Great Salt Lake

3

2

5

4

4 Our Commitment to
Sustainability

Houston

USA

Texas

3

3

2

3

5 Sustainability Governance
Board of Directors
Sustainability Council

Risk Matrix

7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
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1

Very-Limited Risk

2

Limited Risk

3

Some Risk

4

High Risk

5

Very-High Risk

GRI 303-2 | Water issues vary significantly by operating location. In 2021,
we utilized the Water Risk Filter tool provided in collaboration between theWorld Wildlife Fund for Nature (WWF) and KFW DEG to understand waterbasin risk at our operating locations. According to the water risk assessment,
we have identified three Merit manufacturing locations as water-stressed sites.
The methodology disclosure for the Water Risk Filter tool notes: “The logic that
underpins the water risk assessment is to evaluate average, recent water risk
conditions as well as some level of future risk.” In 2021, water consumption
in water-stressed regions was 77% of our total water usage.
GRI 303-3 | Understanding the water risk at our large manufacturing sites
presents us with opportunity to address the risk and enact mitigating activities.
For example, the team at our Merit Tijuana facility has installed backup water
storage and has implemented water efficiency projects within multiple operations,such as single-use sensor water faucets, waterless bathroom fixtures, and waterreutilization projects. At Merit Salt Lake City, we have implemented xeriscaping,water-recirculation cooling systems, faucet sensors, and low-flow bathroom
fixtures. We will continue to increase and improve projects targeted at addressing
water risk and opportunities for increasing efficiency that will contribute to ourstated 2030 goal for water-intensity reduction.

©2022 Merit Medical

2021 Sustainability Report35

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

PRODUCT PACKAGING
Merit looks for ways to reduce and conserve first, then to recycle. To do this, weare continuously challenging our processes and holding ourselves accountable
for the results. This brings about the right kind of change within our organizationand our communities. In 2021, Merit began a multi-year project to review how
we package our products with one goal in mind: reduce unnecessary packaging.
We accomplished this by assessing how our products are ordered and used by ourcustomers and then looking for opportunities to eliminate superfluous materials,
such as intermediate boxes, packaging fillers, and number of shipments. In our
first year of implementation, we recorded a savings of approximately 211,000 lb
in eliminated materials, including boxes and film. We look forward to reporting on
this project year over year.
Merit is partnering with suppliers that keep us moving in the right direction. For
example, one of our largest suppliers of paperboard folding-carton packaging iscertified by the Forest Stewardship Council (FSC) for its use of paperboard that is
Chain-of-Custody (CoC) certified. This certification indicates the materials used
are exclusively sourced from responsibly managed forests, sustaining this natural
resource for future generations. FSC’s forest management standards expand
protection of water quality, prohibit harvest of rare old-growth forest, prevent©2022 Merit Medical

2021 Sustainability Report36

A great example of waste reduction is our internal system of utilizing reusable
plastic totes and pallets for intercompany shipping of components and products.
This action has vastly reduced the amount of corrugated and packing materials
used. With more than eight manufacturing centers worldwide that transportmillions of goods between sites throughout the year, the reduction in boxes andshipping materials really adds up.

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
46 Report Parameters
47 GRI Index

loss of natural forest cover, and prohibit highly hazardous chemicals, which are
all unique aspects of the system. This supplier also manufacturers 100% of its
packaging with energy offset by renewable wind energy credits, creating a carbonneutral manufacturing footprint and enabling legal entitlement to claim and use alogo stating “Carton Made with Wind Energy” on our packaging.
RECYCLING
Doing our part to divert waste from local landfills is an important aspect of ourEnvironmental Management System (EMS). Each month we strive to reducethe impact of production on the communities we serve by recycling corrugate,
plastics, metals, pallets, and motor oil. During 2021, our global facilities recycled
more than 20,000 MT of waste produced by our operations. We recognize there
is more to do and strive to increase recycling each year as well as find ways toreduce total waste.

Whether it is intercompany shipping or shipping toour customers, we continue to evaluate and enhance
our system to reduce the materials we use. The Merit
Smart Shipping™ program is designed to send selectMerit products to customers in original packaging,eliminating the need for additional shipping materials.
This innovative strategy has resulted in a reduction of
more than 100 MT of corrugated boxes and plastic
bubble wrap materials per year. When our customers see the Merit Smart Shipping
logo on their packages, they know they have purchased products from a company
that cares about making changes with positive impacts on the environment.
GOOD THINGS ARE GROWING AT MERITAt Merit Salt Lake City, our Farm-to-Table program includes a large garden andgreenhouse dedicated, in part, to growing fruits and vegetables for use in our
two on-site cafés. In 2021, we served more than 2,500 lb of fresh produce toour employees. Not only does this program provide fresh, in-season, nutrientdense produce for our valuable team members, it also decreases the amount of
produce shipped to our facility, helping to reduce our environmental footprint. In
addition to nutritious food, the garden also generates oxygen-producing trees andshrubbery designed to support pollinating insects.
During 2021, approximately 13,000 plants were grown in the Merit greenhouse,
4,500 of which were purchased by Merit employees. Proceeds from these sales
are donated to the Merit Candy Cane Program, an initiative designed to assist
families in need during the holiday season.
More than 5,400 lb of fresh produce was distributed to Merit employees throughour U-Pick program—a project we started to encourage our team to visit thegarden for fresh air and sunshine during the workday and to pick fresh produce
and participate in garden cultivation activities. Employees can also sign up for©2022 Merit Medical

2021 Sustainability Report37

Our Merit Salt Lake City and Merit Galway facilities promote the usage of electricvehicles by providing employees with on-site, electric vehicle-charging stations. Thesestations have resulted in the prevention of more than 25,500 kg of GHG emissions,which is the equivalent of planting 655 trees and letting them grow for 10 years!

Table of Contents

In Singapore, employees are doing their part by installing solar-powered lamp
posts for outdoor lighting, water sensors for handwashing, and providing reusable
cutlery sets and cooler bags to help reduce waste produced by plastic cutlery anddisposable lunch bags. They have also switched to reusable glasses and mugs
within their break rooms and cafeterias.

3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council

Our team at Merit Tijuana has adopted mass transportation to conserve emissions
and ensure the safety of employees. The facility operates 13 new, fuel-efficientbuses to transport more than 1,000 Merit employees to and from work each day.
These buses provide safe, efficient, and comfortable transport for our valuable
team members in Tijuana.

7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

garden boxes where they can grow their own fresh produce for themselves andfamily members throughout the growing season. Our knowledgeable garden staff
is always there to help, offering garden tips and their expertise.

16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
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47 GRI Index

Each year we donate high-quality produce to low-income senior citizen centers.
Striving for a zero food-loss policy, the less-than-perfect produce goes to feeding
farm animals at a nonprofit charter school in the Salt Lake Valley. Taking it a stepfurther, to ensure green waste at the end of the growing season is also put to gooduse, we send it to the local landfill to generate compost for the next growing season.

We have begun implementing our internally designed eWORQ program to transition
our operating lines in Merit Salt Lake City from paper to electronic work orders. Thispilot program at our corporate headquarters began in 2019, and it has reduced
the amount of printed paper within our production processes. Once it is fully
implemented at all our manufacturing sites, we estimate the eWORQ program tosave millions of sheets of paper and thousands of plastic sleeves annually.

Altogether, our 2021 growing season produced more than 10,000 lb of fresh produce!
DOING OUR PART WHEREVER WE AREAt Merit Salt Lake City, our Scrape Your Plate program has diverted several tons offood waste from the local landfill to an anaerobic digestion plant in North Salt Lake
City. In doing so, we help to reduce methane gas emissions that contribute to the air
quality in our high-elevation mountain valley. Our food waste is processed, resulting
in a natural source of methane gas that is pumped back into the natural gas system
and used to heat homes and businesses. Since the launch of the program in 2019,
we have conserved approximately 13.9 MT of CO2 emissions. This is the equivalentof conserving the CO2 emissions from 14,415 lb of coal being burned.

©2022 Merit Medical

2021 Sustainability Report38

Table of Contents

Our sales teams in Europe, Middle East, and Africa (EMEA) are supporting change
through the purchase of Ocean Bottles. These small water bottles have a big
impact. Each reusable Ocean Bottle is produced with 11.4 kg of recycled oceanbound plastic. In 2021 alone, the Ocean Bottle team collected 2,421,952 kg ofocean-bound plastic, up from 632,413 kg in 2020.

3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

SUSTAINABILITY-RELATED ISO CERTIFICATIONSIn 2019, Merit began pursuing certifications within our Environmental Healthand Safety Management System (EHSMS) through the International Standards
Organization (ISO). Merit’s EHSMS is designed to address the management ofenvironmental, health, and safety (EHS) compliance to local and global regulations
and to facilitate the oversight of our management systems through monitoring,measuring, and reporting. At the beginning of 2019, we set a goal to have all eight
major manufacturing sites certify to ISO 14001 (environmental management)by the end of 2021 and to certify to ISO 45001 (occupational health and safety
management) by the end of 2022. We are also pursuing certification of our Energy
Management System (EnMS) through ISO 50001. At the release of this report, weare pleased to announce that all eight major manufacturing sites have achieved ISO
14001, five of the eight sites have achieved ISO 45001, and three of the eight sites
have achieved ISO 50001 (see ISO chart).

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

SUSTAINABILITY-RELATED ISO CERTIFICATION AT MERIT MEDICAL

23 Quality Assurance
Merit Location

29 Environmental Sustainability
Merit Medical Climate
Change Statement

Tijuana, Mexico

40 Philanthropy

Galway, Ireland

44 Awards

Singapore46 Report Parameters

Houston, Texas

47 GRI Index

Richmond, Virginia

ISO 14001
Environmental

ISO 45001
Health & Safety

ISO 50001
EnergySalt Lake City, Utah

Paris, France
Venlo, Netherlands©2022 Merit Medical

2021 Sustainability Report39

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

Philanthropy
From the beginning, Merit Medical set out to improve

16 Diversity, Equity & Inclusion

lives around the globe. More than 30 years later, this

20 Compliance & Ethics

mission still drives us forward in business and social

23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

impact. Through financial contributions, employee
time and dedication, and collaboration with global andlocal nonprofit organizations, our worldwide facilities

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foster stronger communities and create positive

47 GRI Indexchange in the areas we serve.

©2022 Merit Medical

2021 Sustainability Report40

Table of Contents

AIDING HEALTHCARE IN BELIZE
Through product donations, Merit has partnered with Heineman-Robicsek Medical Outreach, Inc., to bringquality healthcare to the people of Belize. This important mission helps to treat children with a broad array ofconditions, ranging from influenza and hospital-acquired infections to pneumonia.

3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical

SUPPORTING BREAST CANCER AWARENESS
Every October we recognize Breast Cancer Awareness Month through generous donations and facility andcommunity events. In 2021, Merit employees around the world participated in COVID-19-friendly awareness,
education, and recognition activities as well as supported donation efforts to advance this important cause.

8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

SUPPORTING OUR COMMUNITIES AROUND THE WORLD
We love the communities where we live and work. Each day we strive to do our part to be good citizens andgive back wherever we can. All over the world, Merit employees are making a difference.
MERIT SALT LAKE CITY—SPREADING GOODNESS NEAR AND FAR
At our corporate headquarters in Utah, Merit supports many local charitable organizations, including Utah Special
Olympics, Utah Clean Air Partnership (UCAIR), and local STEM education and service opportunities for youth.

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47 GRI Index

Supporting STEM Programs for Students
Merit Salt Lake City is a major sponsor for the Jordan PRe-Freshman Engineering Program or “Jordan
PREP.” This free 6-week, all-day summer program is focused on strengthening the analytical skills ofstudents, preparing and motivating them to pursue careers in science, technology, engineering, andmath (STEM). Over a 3-year period, students take courses in engineering, problem solving, logic, physics,
computer science statistics, and technical writing. The program is designed for high-achieving middle school
students in Grades 7 – 9 with an interest in STEM. The program prepares students to pursue STEM careers
through instruction, project-based learning, mentored research, tutoring and homework assignments,©2022 Merit Medical

2021 Sustainability Report41

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion

educational field trips, STEM career presenters, and a state-wide STEM fair (Sci-Tech EXPO). In 2021,
146 students participated, of which 61% were female, 53% identified as people of color, 67% of students
reported as qualifying for free/reduced lunch, and 68% of the students’ parents did not graduate from highschool or attend college.
Combining Service with Self-Esteem Among Students
Merit Salt Lake City has partnered with The Alpine Foundation to support a program called Lunchtime Service
for school-aged kids. This program is a safe and collaborate way to show support to local and international
charities serving the less fortunate, homeless, and refugee populations. Students donate their time during theirlunch hour by making blankets, preparing learning materials, weaving sleeping mats from discarded plastic
shopping bags, and making comfort bears for children.
This program not only helps bring necessary items to those in need but also provides volunteer opportunities
as well as a safe and supportive environment during the lunch period for students who may not have a place
to go or friends to be with at lunch. This valuable program fosters self-esteem through creating handmade
humanitarian service projects and helps to develop positive connections and relationships among peers.
The program has received a great deal of heart-warming feedback from students such as, “Finally, I have aplace to be at lunchtime” (Cameron, seventh grade). Another student wrote, “When Lunchtime Service started,suddenly I had a place where I could go and do something useful while being around other kids like me. For the
first time in years, I feel like I have friends” (Melynne, 11th grade). Program Director Jillean Brown explains:

20 Compliance & Ethics
23 Quality Assurance“Because of the special nature of Lunchtime Service, we attract many students who struggle socially

29 Environmental Sustainability
Merit Medical Climate
Change Statement

to feel of worth. Many of our students do not belong in any particular social group among their peers,

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44 Awards

and we also incorporate many of the special needs students into our program. The projects we provide
are intended to foster natural interaction among students. As the program has progressed and gained
popularity with all types of students, kids who struggle socially are working side-by-side with membersof the football team or the cheer squad. This has fostered a great deal of understanding, empathy,

46 Report Parametersand self-esteem for all types of students. In today’s world with the struggles that all students face, this

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valuable program not only helps the less-fortunate in our world, but it also literally saves lives within our
schools. We thank companies like Merit Medical for helping us to continue to make a difference!”©2022 Merit Medical

2021 Sustainability Report42

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management

MERIT GALWAY—Combining Wellness & Giving
Employees at Galway, Ireland, are passionate about taking steps to aid those in need through their support
of Blood Bike West. This charitable organization, made up of motorbike enthusiasts and volunteers, provide
an emergency, out-of-hours free service to the hospitals and hospice groups in the West of Ireland. Blood
Bike West aims to relieve sickness and protect health by transporting urgently needed blood, blood products,
patient records, drugs, and other medical requirements between hospitals and blood transfusion banks. In May
2021, Merit Galway employees participated in a “Merit May-a-thon” by creating 25 teams with 5 employees
per team. These teams competed to see who could reach the highest steps over the course of the month. Allteams tracked their activity through their phones, which was then tracked on Merit’s live leaderboard on a
weekly basis. The winning team, Wires on Fire, completed an astonishing 3,801,952 steps! All teams put ingreat effort and all monies raised were presented to Blood Bike West.

MERIT SINGAPORE—Spreading Hope in the New Year
In Singapore, our facility spread Chinese New Year cheer by donating to several local missions and centers,
including the Shine Welfare Action Mission Home (youth and families), Sun Dac (people with disabilities),and Migrant Worker’s Center (support for foreign workers). Our Singapore team also supported “Make-aWish Singapore” with the donation of masks that featured artwork designed by three children with a shared
message of hope.

13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement

MERIT RICHMOND—Fighting Against Childhood Cancer
Our facility in Richmond, Virginia, has joined in the fight against childhood cancer by sponsoring and donating
to the ASK Childhood Cancer Foundation, which is Virginia’s largest and most comprehensive provider of
support services for children with cancer and their families. Support from ASK Childhood Cancer Foundation
begins from the moment of diagnosis and extends through treatment and beyond.

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MERIT TIJUANA—Supporting Kids in Their Local Community
At our large facility in Tijuana, Mexico, employees are doing their part to take care of the children in theirlocal community. During 2021, Merit Tijuana donated food and toys to 80 children at the Child House Homeand made monetary donations to Fundación Castro Limón (Childhood Cancer Organization). Employees also
participated in a virtual run and purchased special-edition hoodies that supported children with cancer by
donating to their chemotherapy expenses.

©2022 Merit Medical

2021 Sustainability Report43

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance

2021
AWARDS &RECOGNITIONAt Merit Medical, we believe true success happens

9 2030 Targets Reportwhen we challenge ourselves to grow and improve.

10 Enterprise Opportunity
Management

We are proud to announce that during 2021, we

13 Health & Safety

were recognized for our growth and achievements by

16 Diversity, Equity & Inclusion
20 Compliance & Ethics

several notable organizations. Each award received

23 Quality Assurance

is a testament to our mission of improving the lives

29 Environmental Sustainability
Merit Medical Climate
Change Statementof people, families, and communities throughout the

40 Philanthropy
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world. Whether it was through the actions we took
to reduce our environmental footprint or protocols
put in place to keep our employees safe during the
pandemic—2021 was a year of perseverance anddetermination to make a difference.

©2022 Merit Medical

2021 Sustainability Report44

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy
44 Awards
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47 GRI Index

Utah Business 2021 Green Business Award
Merit’s global headquarters in Salt Lake City, UT,
received the 2021 Green Business Award, which
recognizes organizations and individuals making
positive strides to promote sustainability within
the Utah community. Merit specifically won in the
Corporate Initiative category for the actionable
steps taken to reduce the company’s environmental
footprint, now and in the future.
The Stevie Awards for Frontline
Medical Hero of the Year
This year Dr. Nicole Priest, Chief Wellness Officer(CWO), won gold in the Stevie Awards for Frontline
Medical Hero of the Year for her efforts in mitigating
the effects of the COVID-19 pandemic at our Meritfacilities worldwide. When the COVID-19 pandemic
began, Dr. Priest was instrumental in innovating safe
ways to enable employees to continue working. In
addition to enforcing social distancing and mask
guidelines before state and federal mandates were
established, Dr. Priest ensured that educating
employees on safe pandemic practices was a toppriority. Through bi-monthly wellness newsletters, sheprovided case updates, healthy lifestyle guidance,
and information as the pandemic unfolded. She also
partnered with the Salt Lake Health Department tobring vaccine education sessions directly to the global
headquarters campus, and in May of 2021, the Merit
Care clinic began offering the COVID-19 vaccine to all
employees and their dependents, creating an accessible
avenue to help stop the spread of the virus. Thanks
to Dr. Priest’s efforts, Merit was able to continue
operations safely and efficiently throughout 2020.
®

leadership in guiding Merit through the COVID-19
pandemic. From the onset of the pandemic, Mr.
Lampropoulos was quick to adapt Merit’s strategy
to ensure employees were able to safely continue
producing the life-changing medical devices ourcompany is known for. By working closely with Dr.
Nicole Priest, CWO, Mr. Lampropoulos ordered andimplemented COVID-19 safety measures, including
mask mandates, social distancing, and temperaturescreening for employees on campus, and instructedmany departments to move operations to their homes
where possible. To further support employees during
this uncertain time, Mr. Lampropoulos developed
new travel policies, approved a pandemic sick leave
scheme, and began providing free meals throughthe on-site cafeteria to Merit employees working
at the global headquarters campus. Thanks to his
commitment to his employees, their families, and thecommunities we serve, Merit was able to continue
designing, manufacturing, and shipping essential
medical devices while maintaining employee morale
during the pandemic.

Please join us in congratulating all team members
who were instrumental in making these great
achievements possible. We look forward to seeing
what we accomplish in 2022!

Utah Business 2021 Healthcare Heroes
Fred Lampropoulos, Merit Founder and CEO, wasrecognized as a 2021 Healthcare Hero for his©2022 Merit Medical

2021 Sustainability Report45

Table of Contents
3 President & CEO’s Letter
4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

REPORT
PARAMETERS
This report has been prepared using selected GRI Standards, which aredisclosed and referenced within the report and within the GRI Index. We
have followed GRI Standards where indicated. We report our sustainability
performance on an annual basis. Except where stated otherwise, thisreport includes data from January 1 through December 31, 2021.

•

16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

NOTES:• Environmental data are based on Merit-owned
and/or Merit-controlled operating locations
that are greater than 10,000 ft.2 This includes
eight manufacturing locations and seven
distribution/sales locations. During 2021, we
began reporting our total energy usage in unitsof joules instead of kilowatt hours to betteralign with GRI reporting standards.

For this 2021 sustainability report, we considered input from third-party inquiries we have made, external ratings,
and general indices. The metrics and data provided in this report reflect input from Merit Medical-owned and/or
Merit-controlled sites as well as third-party suppliers and/or vendors who have an approved business relationship.
The report includes data from Merit enterprises where we have operational control. The data reported havebeen obtained primarily from our financial management reporting systems, various human resources information
systems, and the Merit corporate reporting systems for environmental, social, and governance reporting indicators.
We are confident in the overall reliability of the data reported but recognize that some of these data are subject touncertainty, inherent to limitations associated with measuring, calculating, and estimating data.

Intensity is measured as a given metric divided
by the total yearly net revenue dollars earned.

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Minor corrections in historic data may be due to data errors or other approved reasons. Each year, energy
consumption and environmental emission estimates are recalculated and revised for all year in the annual
sustainability report, as attempts are made to improve both the analyses, using better methods or data,
and the overall usefulness of the report.
Please contact us at merit.com with any questions or comments about these changes.

©2022 Merit Medical

2021 Sustainability Report46

Table of Contents
3 President & CEO’s Letter

GRI Index

4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management
13 Health & Safety

Organizational Profile
Page
102-1
Name of the organization . . . . . . . . . . . . . . . . . . 7, 46
102-2
Activities, brands, products and services . . . . . . . . . . . . . 7
102-3
Location of headquarters . . . . . . . . . . . . . . . . . . 7, 46
102-4
Location of operations . . . . . . . . . . . . . . . . . . . . . . 7
102-5
Ownership and legal form . . . . . . . . . . . . . . . . . . . .46
102-6
Markets served . . . . . . . . . . . . . . . . . . . . . . . . . 7
102-7
Scale of the organization . . . . . . . . . . . . . . . . . . . 7, 8
102-8
Information on employees and other workers. . . . . . . . . 8, 17

16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
40 Philanthropy

Strategy102-14

Statement from senior decision maker . . . . . . . . . . . . . . 3

Ethics and Integrity
102-16
Values, principles, standards, and norms of behavior . . . . . . .21

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Governance102-18Governance structure . . . . . . . . . . . . . . . . . . . . . 5, 6

Reporting PracticePage102-45
Entities included in the consolidated
financial statements . . . . . . . . . . . . . . . .Merit 2021 10-K
102-46
Defining report content and topic boundaries . . . . . . . . . .46
102-47
List of material topics . . . . . . . . . . . . . . . . . . . . . . 4
102-48
Restatements of information . . . . . . . . . . . . . . . . . . .46
102-49Changes in reporting . . . . . . . . . . . . . . . . . . . . 8, 46
102-50
Reporting period. . . . . . . . . . . . . . . . . . . . . . . . .46
102-51
Date of most recent report . . . . . . . . . . . . . . . . . . . .46
102-52
Reporting cycle . . . . . . . . . . . . . . . . . . . . . . . . .46
102-53
Contact point for questions regarding the report . . . . . . . . .46
102-54Claims of reporting in accordance with the GRI standards . . . .46
102-55
GRI content index . . . . . . . . . . . . . . . . . . . . . . . .47
102-56External assurance . . . . . . . . Merit is not pursuing at this time

205 Anti-Corruption
Management approach . . . . . . . . . . . . . . . . . . .21, 22
205-2
Communication and training about anti-corruption
policies and procedures . . . . . . . . . . . . . . . . . . . . .22©2022 Merit Medical

2021 Sustainability Report47

Table of Contents
3 President & CEO’s Letter

GRI Index continued

4 Our Commitment to
Sustainability
5 Sustainability Governance
Board of Directors
Sustainability Council
7 About Merit Medical
8 2021 Key Figures at a Glance
9 2030 Targets Report
10 Enterprise Opportunity
Management

303 Water and EffluentsPage
Management approach . . . . . . . . . . . . . . . . . . . . .34
303-1
Water withdrawal by source . . . . . . . . . . . . . . . . . . .34
303-2
Water sources significantly affected by withdrawal of water . . . .35
303-3
Water recycled and reused . . . . . . . . . . . . . . . . . . . .35

13 Health & Safety
16 Diversity, Equity & Inclusion
20 Compliance & Ethics
23 Quality Assurance
29 Environmental Sustainability
Merit Medical Climate
Change Statement
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44 Awards

305 Emissions
Management approach . . . . . . . . . . . . . . . . . . .31, 32
305-1
Direct (scope 1) GHG emissions . . . . . . . . . . . . . . . . .32
305-2
Energy indirect (scope 2) GHG emissions . . . . . . . . . . . .32

403 Occupational Health and Safety
Page
Management approach . . . . . . . . . . . . . . . . . . .13, 14
403-1
Occupational health and safety management system. . . . . . .14
403-2
Hazard identification, risk assessment, and incident investigation 14
403-3
Occupational health services . . . . . . . . . . . . . . . . . .14
403-4
Worker participation, consultation, andcommunication on occupational health and safety . . . . . . . .14
403-6
Promotion of worker health . . . . . . . . . . . . . . . . . . .15
403-9
Work-related injuries . . . . . . . . . . . . . . . . . . . . . 8, 14

416 Customer Health and Safety
Management approach . . . . . . . . . . . . . . . . . . .23, 24
416-1
Assessment of the health and safety impacts ofproduct categories. . . . . . . . . . . . . . . . . . . . . . . .25
416-2
Incidents of non-compliance concerning the healthand safety impacts of products and services . . . . . . . . . . .26

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47 GRI Index©2022 Merit Medical

2021 Sustainability Report48

Merit Medical Systems, Inc.
1600 West Merit Parkway
South Jordan, Utah 84095
1.801.253.1600
1.800.35.MERIT

merit.com

Merit Medical Europe, Middle
East & Africa (EMEA)
Amerikalaan 42, 6199 AE
Maastricht-Airport
The Netherlands+31 43 358 82 22

Merit Medical Ireland Ltd.
Parkmore Business Park West
Galway, Ireland+353 (0) 91 703 733