Company: DHR
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0000313616-25-000081
Chunk: 2

Company: DANAHER CORP /DE/
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 2
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 $1.4 billion in capital expenditures to support future core growth; and investing over $0.5 billion in acquisitions that strengthen our capabilities in key strategic vectors. In addition to these significant investments in our growth, we returned more than $6.7 billion to our shareholders through stock buybacks and dividends and generated the following financial returns:

Long-Term Performance

The graph below reflects Danaher's compound average annual shareholder return over the past twenty-five years, compared to the S&P 500 and the Health Care Select Sector SPDR Fund:

(1) XLV = The Health Care Select Sector SPDR Fund

| 2025 Notice of Annual Meeting and Proxy Statement |     | 5 |

### Corporate Governance Overview
Our Board recognizes that Danaher’s success over the long-term requires a robust framework of corporate governance that serves the best interests of all our shareholders and promotes robust risk oversight. Below are highlights of our corporate governance framework.

|                                                     |     | Board composition is critical to our success. Over the past six years our Board has added important new skills and experience, and average director nominee tenure has declined by more than 18%.              |     |                                             |     |                                                                                           |     | Shareholders owning 25% or more of our outstanding shares may call a special meeting of shareholders.                                                                                                                                                                                                                                                                                                     |
|                                                     |     |                                                                                                                                                                                                                |     | We havenever had a shareholder rights plan. |     |                                                                                           |     |                                                                                                                                                                                                                                                                                                                                                                                                           |
| Our Bylaws provide forproxy access by shareholders. |     |                                                                                                                                                                                                                |     |                                             |     | We haveno supermajority voting requirementsin our Certificate of Incorporation or Bylaws. |     |                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                     |     | OurChairman and CEO positions are separate.                                                                                                                                                                    |     |                                             |     |                                                                                           |     | All members of our Audit, Compensation and Nominating & Governance Committees are independentas defined by the New York Stock Exchange listing standards and applicable SEC rules.                                                                                                                                                                                                                        |
|                                                     |     | Our Board has established aLead Independent Directorposition                                                                                                                                                   |     |                                             |     |                                                                                           |     |                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                     |     | All of our directors are elected annually.                                                                                                                                                                     |     |                                             |     |                                                                                           |     | Danaher (including its subsidiaries during the period we have owned them) has madeno political contributions in the last decade, has no intention of contributing any Danaher funds for political purposes, and