Igor Palacios, MD Director of Interventional Cardiology Massachusetts General Hospital Professor of Medicine Harvard Medical School

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Aortic Stenosis: Current State of Percutaneous Therapies, Emerging Technologies and Future Directions Igor Palacios, MD Director of Interventional Cardiology Massachusetts General Hospital Professor of Medicine Harvard Medical School

Percutaneous Aortic Valve Replacement Tuesday April 23, 2002 at 9:31 am Eastern Time Press Release SOURCE: Percutaneous Valve Technologies, Inc. (PVT) First Heart Valve Replacement Without Open Heart Surgery (April 16, 2002) Experimental Device Developed By Percutaneous Valve Technologies May Provide Alternative to Open Heart Surgery In the United States This 57 year old male patient that received the aortic valve procedure, developed by Percutaneous Valve Technologies, had a failing heart and was refused for surgery by three surgical teams because of his deteriorating condition and complicated vascular disease,'' said Dr. Cribier. ``Lacking any other clinical solution for this patient, the PVT valve was a life saving technology. We are pleased to be the world's first clinical site to utilize this device.

Percutaneous Valve Replacement Courtesy of Alan Cribier, MD

ANTEGRADE TRANSEPTAL APPROACH TO PAVR Local anesthesia Procedure duration: 90 min Fluoroscopy time: 25 min Gradient (mmhg) 38 0 AVA (cm²) 0.43 1.7 (Echo)

FLEX CATHETER

PARTNER SAPIEN Platforms Device Evolution SAPIEN SAPIEN XT SAPIEN 3 Valve Technology Sheath Compatibility 22-24F 16-20F 14-16F Available Valve Sizes 23 mm 26 mm 23mm 26mm 29mm* 20 mm 23 mm 26 mm 29 mm VH Thourani, ACC 2016 *First Implant Oct 30, 2012

Core Valve and Evolut R Evolut R Indicated for transarterial access vessel diameters 5.0mm.

Treatment Trends Future TAVR Growth

PARTNER: Placement of AoRTic TraNscathetER Valves Trial Symptomatic Severe Aortic Stenosis ASSESSMENT: High-Risk AVR Candidate 3,105 Total Patients Screened N = 699 Yes Transfemoral (TF) High Risk ASSESSMENT: Transfemoral Access No Transapical (TA) Total = 1,057 patients 2 Parallel Trials: Individually Powered Yes Inoperable ASSESSMENT: Transfemoral Access N = 358 No 1:1 Randomization Not In Study 1:1 Randomization N = 244 TF TAVR N = 248 N = 104 N = 103 AVR 1:1 Randomization TA TAVR VS VS Primary Endpoint: All-Cause Mortality at 1 yr (Non-inferiority) AVR N = 179 TF TAVR VS N = 179 Standard Therapy Primary Endpoint: All-Cause Mortality Over Length of Trial (Superiority) Co-Primary Endpoint: Composite of All-Cause Mortality and Repeat Hospitalization (Superiority)

Absolute Reduction in Mortality in Inoperable Patients The SAPIEN valve significantly improves survival 24.7% absolute reduction in mortality (largest reduction in absolute mortality of any clinical trial in Cardiology)

Reduction in Repeat Hospitalization in Inoperable Patients The Edwards SAPIEN valve significantly reduces repeat hospitalizations 37.5% reduction in rehospitalizations at 2 yrs 18 In the first year alone, repeat hospitalization costs were $27,000 lower in patients treated with TAVR vs. control group

TAVR is Equivalent to Surgery in High-Risk Patients ALL CAUSE MORTALITY At 5 Years All-Cause Mortality (%) 100% 80% 60% 40% 20% 0% SAVR TAVR Error Bars Represent 95% Confidence Limits HR [95% CI] = 1.04 [0.86, 1.24] p (log rank) = 0.76 67.8% 62.4% 0 12 24 36 48 60 Months Post Randomization No. at Risk TAVR 348 262 228 191 154 61 SAVR 351 236 210 174 131 64 At 5 Years Patients that had TAVR with the Edwards SAPIEN valve showed survival equivalent to SAVR 9. Nishimura RA et al. JACC. 2014. doi: 10.1016/j.jacc.2014.02.537.

Reardon et al. J Am Coll Cardiol. 2015;66(2):113-121. CoreValve Pivotal Trial: High-Risk Two-year outcomes

Randomized Trials Randomized studies of TAVR vs. SAVR in patients at intermediate risk SURTAVI CoreValve and Evolut R PARTNER 2A SAPIEN XT 1 Reardon, et al., N Engl J Med 2017 Mar 17. doi: 10.1056/NEJMoa1700456. [Epub ahead of print]; 2 Leon, et al., N Engl J Med 2016; 374:1609-20

Randomized Trials Device Enrollment Period CoreValve / Evolut R SURTAVI PARTNER 2A SAVR SAPIEN XT SAVR 6/19/2012 6/20/2016 12/2011 11/2013 N 864 796 1011 1021 Age 79.9 ± 7.2 79.7 ± 6.1 81.5 ± 6.7 81.7 ± 6.7 Male 57.6% 55.0% 54.2% 54.8% STS 4.4 ± 1.5 4.5 ± 1.6 5.8 ± 2.1 5.8 ± 1.9

All-Cause Mortality or Disabling Stroke 30% 25% 20% 15% 10% 5% 24 Months TAVR SAVR 12.6% 14.0% Surtavi Trial All-Cause Mortality or Disabling Stroke 0% No. at Risk SAVR TAVR 0 6 12 18 24 Months Post-Procedure 796 674 555 407 241 864 755 612 456 272

Surtavi Trial All-Cause Mortality 30% 25% All-Cause Mortality 20% 15% 10% 30 Day SAVR 1.7% O:E 0.38 TAVR 2.2% O:E 0.50 TAVR SAVR 5% 0% 0 6 12 18 24 Months Post-Procedure No. at Risk SAVR TAVR 796 690 569 414 249 864 762 621 465 280

Surtavi Trial All-Cause Mortality 30% All-Cause Mortality 25% 20% 15% 10% 30 Day SAVR 1.7% O:E 0.38 TAVR 2.2% O:E 0.50 TAVR 24 Months SAVR 95% CI for Difference 11.4% 11.6% -3.8, 3.3 5% 0% 0 6 12 18 24 Months Post-Procedure No. at Risk SAVR TAVR 796 690 569 414 249 864 762 621 465 280

Surtavi Trial Disabling Stroke Disabling Stroke 10% 8% 6% 4% 2% TAVR 24 Months SAVR 95% CI for Difference 2.6% 4.5% -4.0, 0.1 No. at Risk SAVR TAVR 0% 0 6 12 18 24 Months Post-Procedure 796 674 555 407 241 864 755 612 456 272

30 Day Safety Outcomes Significantly better for TAVR Significantly better for SAVR 50% 40% 41.1% 43.4% 30% 25.9% 20% 10% 0% 3.4% 5.6% Stroke 12.5% Transfusion use 1.7% AKI 4.4% 12.9% Atrial fibrillation 1.1% 3.8% Cardiogenic shock 6.0% 1.1% Major Vasc Comp 6.6% Pacemaker use TAVR SAVR

Summary SURTAVI met its primary endpoint: TAVR with a self-expanding CoreValve or Evolut R bioprosthesis is noninferior to SAVR for all-cause mortality or disabling stroke at 24 months. TAVR had significantly less 30 day stroke, AKI, atrial fibrillation and transfusion use. TAVR resulted in significantly less time in the ICU and the hospital. TAVR patients more quickly regained function and quality of life.

The PARTNER 2A Trial Study Design Symptomatic Severe Aortic Stenosis ASSESSMENT by Heart Valve Team Operable (STS 4%) Randomized Patients n = 2032 Yes ASSESSMENT: Transfemoral Access No Transfemoral (TF) Transapical (TA) / TransAortic (TAo) 1:1 Randomization (n = 1550) 1:1 Randomization (n = 482) TF TAVR (n = 775) VS. Surgical AVR (n = 775) TA/TAo TAVR (n = 236) VS. Surgical AVR (n = 246) Primary Endpoint: All-Cause Mortality or Disabling Stroke at Two Years

Primary Endpoint (ITT) All-Cause Mortality or Disabling Stroke 1 All-Cause Mortality or Disabling Stroke (%) 50 40 30 20 10 0 8.0% 6.1% Surgery TAVR 16.4% 14.5% HR [95% CI] = 0.89 [0.73, 1.09] p (log rank) = 0.253 21.1% 19.3% 0 3 6 9 12 15 18 21 24 Number at risk: Months from Procedure Surgery 1021 838 812 783 770 747 735 717 695 TAVR 1011 918 901 870 842 825 811 801 774

Impact of Transfemoral Access All-cause Mortality or Disabling Stroke All-Cause Mortality or Disabling Stroke (%) 50 40 30 20 10 0 7.7% 4.9% TF Surgery TF TAVR 15.9% 12.3% HR: 0.79 [95% CI: 0.62, 1.00] p (log rank) = 0.05 1 20.4% 16.8% 0 3 6 9 12 15 18 21 24 Number at risk: Months from Procedure TF Surgery 775 643 628 604 595 577 569 557 538 TF TAVR 775 718 709 685 663 652 644 634 612

The PARTNER 2A Trial Clinical Implications The results from PARTNER 2A support the use of TAVR as an alternative to surgery in intermediate risk patients, similar to those included in this trial. In patients who are candidates for transfemoral access, TAVR may result in additional clinical advantages. Long-term durability assessments of transcatheter bioprosthetic valves are still lacking and extrapolation of these findings to low-risk patients requires further clinical trial validation.

Randomized Trials for Intermediate Risk Patients SURTAVI and PARTNER 2A demonstrated that TAVR may provide clinical advantages compared to SAVR in patients at intermediate surgical risk Economic analyses are eagerly awaited to know whether this is a cost-effective treatment option SURTAVI PARTNER 2A Non-inferiority to surgery for all-cause mortality or disabling stroke at 2 years X X Lower rates of high-impact complications (stroke, atrial fibrillation, bleeding, acute kidney injury) X X Favorable forward-flow hemodynamics X X Faster recovery X X Shorter hospital stay X Not Reported

ACC / AHA Guidelines 2017 Update TAVR is now a Class I indication for high risk patients, and a reasonable alternative to surgical AVR in patients at intermediate surgical risk. 1 Nishimura, et al., J Am Coll Cardiol 2017 Mar 10. pii: S0735-1097(17)36019-9. doi: 10.1016/j.jacc.2017.03.011

Low Surgical Risk Active Trials Randomizing TAVR to SAVR Currently there is significant clinical investment in applying TAVR to younger patients at low surgical risk, both in North America and in Europe Medtronic PARTNER 3 2 UK TAVI 3 Low Risk 1 NOTION-2 4 N = ~1200 N = 1228 N = 808 N = 992 Up to 80 centers Evolut R, all routes Up to 64 centers SAPIEN 3, transfemoral All UK TAVI centers All valves, all routes All Nordic countries All valves, transfemoral Industry-sponsored 10-year follow-up Industry-sponsored 10-year follow-up Publically funded 5-year follow-up Physician and industry-sponsored 5-year follow-up 1 Popma, et al., presented at TCT 2016; 2 Mack, et al., presented at TCT 2016; 3 Moat, et al., presented at TCT 2016; 4 Sondergaard, et al., presented at TCT 2016

Low Surgical Risk Trials Overview Medtronic Low Risk PARTNER 3 Primary Endpoint Death or major stroke at 2 years Death, all stroke, or re-hospitalization (valve-related or procedure-related and including heart failure) at 1 year Patients Symptomatic, severe AS and a Heart Team predicted risk of 30-day mortality < 3% Symptomatic, severe AS and Heart Team assessment of low operative risk and STS < 4% Study Design Multi-center, prospective, randomized 1:1 randomization to either TAVR or SAVR Multi-center, prospective, randomized 1:1 randomization to either TAVR or SAVR Devices Investigational TAVR Arm Evolut R Control Arm Any commercially available bioprosthesis Investigational TAVR Arm SAPIEN 3, transfemoral only Control Arm Any commercially available bioprosthesis

Medtronic TAVR in Low Risk Patients Patient Selection Heart Team Evaluation One Cardiac Surgeons and One Interventional Cardiologist Low Surgical Risk (predicted mortality risk <3%) National Screening Committee One Cardiac Surgeons and One Interventional Cardiologist Confirm Low Risk for TAVR and SAVR 1:1 Randomization TAVR SAVR Leaflet substudy N=200 4D CT scan to evaluate leaflet mobility Leaflet substudy N=200

The PARTNER 3 Trial Study Design Symptomatic Severe Calcific Aortic Stenosis Low Risk ASSESSMENT by Heart Team (STS < 4%, TF only) TF - TAVR (SAPIEN 3) 1:1 Randomization (n=1228) Surgery (Bioprosthetic Valve) PARTNER 3 Registries Alternative Access (n=100) (TA/TAo/Subclavian) CT Imaging Sub-Study (n=200) Actigraphy/QoL Sub-Study (n=200) CT Imaging Sub-Study (n=200) Actigraphy/QoL Sub-Study (n=200) Bicuspid Valves (n=100) PRIMARY ENDPOINT: Composite of all-cause mortality, all strokes, or re-hospitalization at 1 year post-procedure ViV (AV and MV) (n=100) Follow-up: 30 days, 6 mos, 1 year and annually through 10 years

Summary Transcatheter aortic valve insertion has demonstrated to be a valid alternative to surgery in patients with prohibitive, high and intermediate risk for surgery due to advanced aged and/or multiple co-morbidities TAVI has evolved to a safe procedure with very low mortality and risk for stroke and quick recovery Ongoing trials will hopefully demonstrate the role of TAVI in younger and low risk population

Thank you