| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| CP Circle ML Holdco GP, LLC | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML Holdco GP, LLC, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102777 |
| CP Circle ML-1 Holdco GP, LLC | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-1 Holdco GP, LLC, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102776 |
| CP Circle ML-1 Holdco, L.P. | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-1 Holdco, L.P., By: CP Circle ML-1 Holdco GP, LLC, its general partner, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102784 |
| CP Circle ML-2 Holdco, L.P. | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-2 Holdco, L.P., By: CP Circle ML Holdco GP, LLC, its general partner, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102783 |
| CP Circle ML-3 Holdco, L.P. | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-3 Holdco, L.P., By: CP Circle ML Holdco GP, LLC, its general partner, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102782 |
| CP Circle ML-4 Holdco, L.P. | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-4 Holdco, L.P., By: CP Circle ML Holdco GP, LLC, its general partner, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102781 |
| CP Circle ML-5 Holdco, L.P. | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-5 Holdco, L.P., By: CP Circle ML Holdco GP, LLC, its general partner, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102780 |
| CP Circle ML-6 Holdco, L.P. | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-6 Holdco, L.P., By: CP Circle ML Holdco GP, LLC, its general partner, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102779 |
| CP Circle ML-7 Holdco, L.P. | 10%+ Owner | C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, | CP Circle ML-7 Holdco, L.P., By: CP Circle ML Holdco GP, LLC, its general partner, By: /s/ Jeremy Anderson, Vice President | 06 Mar 2026 | 0002102778 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MDLN | Class A Common Stock | Conversion of derivative security | +8,085,116 | +5.6% | 152,460,797 | 04 Mar 2026 | See footnotes | F1, F2, F3, F4, F5, F6 | ||
| transaction | MDLN | Class B Common Stock | Other | -8,085,116 | -11% | 62,842,239 | 04 Mar 2026 | See footnotes | F3, F4, F5, F6, F7, F8 | ||
| transaction | MDLN | Class A Common Stock | Conversion of derivative security | +1,212,767 | +0.8% | 153,673,564 | 05 Mar 2026 | See footnotes | F2, F3, F4, F9, F10, F11 | ||
| transaction | MDLN | Class B Common Stock | Other | -1,212,767 | -1.9% | 61,629,472 | 05 Mar 2026 | See footnotes | F3, F4, F7, F8, F10, F11 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MDLN | Common Units of Medline Holdings, LP | Conversion of derivative security | -8,085,116 | -11% | $0.000000* | 62,842,239 | 04 Mar 2026 | Class A Common Stock | 8,085,116 | See footnotes | F1, F2, F3, F4, F5, F6 | ||
| transaction | MDLN | Common Units of Medline Holdings, LP | Conversion of derivative security | -1,212,767 | -1.9% | $0.000000* | 61,629,472 | 05 Mar 2026 | Class A Common Stock | 1,212,767 | See footnotes | F2, F3, F4, F9, F10, F11 |
| Id | Content |
|---|---|
| F1 | Reflects the following exchange of common units of Medline Holdings, LP ("Common Units") to an equivalent number of shares of the Issuer's Class A common stock ("Class A Common Stock") on March 4, 2026: (i) 1,752,046 Common Units to Class A Common Stock held by CP Circle UNLV Holdco, L.P. and (ii) 6,333,070 Common Units to Class A Common Stock held by CP Circle ML-1 Holdco, L.P. |
| F2 | Pursuant to the terms of an exchange agreement, dated as of December 16, 2025, holders have the right to exchange their Common Units for shares of Class A Common Stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications. These exchange rights do not expire. |
| F3 | The Carlyle Group Inc., a publicly traded company listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities managed by TC Group VII S1, L.P. and CPEP GP, LLC, is the managing member of CG Subsidiary Holdings L.L.C., which is the managing member of TC Group, L.L.C., which is the general partner of TC Group Sub L.P., which is the managing member of TC Group VII S1, L.L.C., which is the general partner of TC Group VII S1, L.P., which is the general partner of each of Carlyle Mozart Coinvestment Holdings, L.P., Carlyle Mozart Coinvestment UNLV Holdco, L.P. and CP Circle UNLV Holdco, L.P. CG Subsidiary Holdings L.L.C. is also the managing member of CPEP GP, LLC, which is the general partner of CPEP Circle Holdings L.P. |
| F4 | The Carlyle Group Inc. is also the sole member of Carlyle Holdings II GP L.L.C., which is the managing member of Carlyle Holdings II L.L.C., which, with respect to the securities managed by TC Group VII, L.P., is the managing member of CG Subsidiary Holdings L.L.C., which is the general partner of TC Group Cayman Investment Holdings, L.P., which is the general partner of TC Group Cayman Investment Holdings Sub L.P., which is the sole member of TC Group VII, L.L.C., which is the general partner of TC Group VII, L.P., which is the managing member of CP Circle ML Holdco GP, LLC, which is the general partner of each of CP Circle ML-7 Holdco, L.P., CP Circle ML-6 Holdco, L.P., CP Circle ML-5 Holdco, L.P., CP Circle ML-4 Holdco, L.P., CP Circle ML-3 Holdco, L.P. and CP Circle ML-2 Holdco, L.P. TC Group VII, L.P. is also the managing member of CP Circle ML-1 Holdco GP, LLC, which is the general partner of CP Circle ML-1 Holdco, L.P. |
| F5 | Following the transactions reported on March 4, 2026, reflects (i) 16,125,094 shares of Class A Common Stock held by Carlyle Mozart Coinvestment Holdings, L.P., (ii) 15,414,514 shares of Class A Common Stock held by Carlyle Mozart Coinvestment UNLV Holdco, L.P., (iii) 838,505 shares of Class A Common Stock held by CPEP Circle Holdings L.P., (iv) 17,636,833 shares of Class A Common Stock held by CP Circle ML-7 Holdco, L.P., (v) 2,440,275 shares of Class A Common Stock held by CP Circle ML-6 Holdco, L.P., (vi) 6,615,133 shares of Class A Common Stock held by CP Circle ML-5 Holdco, L.P., (vii) 26,655,381 shares of Class A Common Stock held by CP Circle ML-4 Holdco, L.P., (viii) 58,369,466 shares of Class A Common Stock held by CP Circle ML-3 Holdco, L.P., (ix) 268,411 shares of Class A Common Stock held by CP Circle ML-2 Holdco, L.P., (continued in footnote 6) |
| F6 | (continued from footnote 5) (x) 1,754,661 shares of Class A Common Stock and 13,617,928 Common Units and shares of Class B Common Stock held by CP Circle UNLV Holdco, L.P. and (xi) 6,342,524 shares of Class A Common Stock and 49,224,311 Common Units and shares of Class B Common Stock held by CP Circle ML-1 Holdco, L.P. |
| F7 | Shares of the Issuer's Class B common stock ("Class B Common Stock") have no economic value and have one vote per share. One share of Class B Common Stock is issued for each Common Unit held. Upon an exchange of Common Units for shares of Class A Common Stock, an equivalent number of shares of Class B Common Stock held by such holder will be automatically cancelled. |
| F8 | Represents a cancellation of shares of Class B Common Stock held by CP Circle UNLV Holdco, L.P. and CP Circle ML-1 Holdco, L.P. as a result of an exchange of an equivalent number of Common Units to shares of Class A Common Stock. |
| F9 | Reflects the following exchange of Common Units to an equivalent number of shares of Class A Common Stock on March 5, 2026: (i) 262,807 Common Units to Class A Common Stock held by CP Circle UNLV Holdco, L.P. and (ii) 949,960 Common Units to Class A Common Stock held by CP Circle ML-1 Holdco, L.P. |
| F10 | Following the transactions reported on March 5, 2026, reflects (i) 16,125,094 shares of Class A Common Stock held by Carlyle Mozart Coinvestment Holdings, L.P., (ii) 15,414,514 shares of Class A Common Stock held by Carlyle Mozart Coinvestment UNLV Holdco, L.P., (iii) 838,505 shares of Class A Common Stock held by CPEP Circle Holdings L.P., (iv) 17,636,833 shares of Class A Common Stock held by CP Circle ML-7 Holdco, L.P., (v) 2,440,275 shares of Class A Common Stock held by CP Circle ML-6 Holdco, L.P., (vi) 6,615,133 shares of Class A Common Stock held by CP Circle ML-5 Holdco, L.P., (vii) 26,655,381 shares of Class A Common Stock held by CP Circle ML-4 Holdco, L.P., (viii) 58,369,466 shares of Class A Common Stock held by CP Circle ML-3 Holdco, L.P., (ix) 268,411 shares of Class A Common Stock held by CP Circle ML-2 Holdco, L.P., (continued in footnote 11) |
| F11 | (continued from footnote 10) (x) 2,017,468 shares of Class A Common Stock and 13,355,121 Common Units and shares of Class B Common Stock held by CP Circle UNLV Holdco, L.P. and (xi) 7,292,484 shares of Class A Common Stock and 48,274,351 Common Units and shares of Class B Common Stock held by CP Circle ML-1 Holdco, L.P. |
Due to the limitations of the electronic filing system, The Carlyle Group Inc., Carlyle Holdings I GP Inc., Carlyle Holdings I GP Sub L.L.C., Carlyle Holdings I L.P., TC Group, L.L.C., TC Group Sub L.P., TC Group VII S1, L.L.C., TC Group VII S1, L.P., Carlyle Mozart Coinvestment Holdings, L.P., Carlyle Mozart Coinvestment UNLV Holdco, L.P., CP Circle UNLV Holdco, L.P., CPEP GP, LLC, CPEP Circle Holdings L.P., Carlyle Holdings II GP L.L.C., Carlyle Holdings II L.L.C., TC Group Cayman Investment Holdings, L.P., TC Group Cayman Investment Holdings Sub L.P., TC Group VII, L.L.C. and TC Group VII, L.P. are filing a separate Form 4.