Seaspine- Orthofix Received Indication Of Interest From Two Private Equity Fund Sponsors To Acquire Outstanding Equity For $23.00/ Share In Cash

SeaSpine Holdings Corp (SPNE.O):

• SEASPINE- ORTHOFIX RECEIVED INDICATION OF INTEREST FROM TWO PRIVATE EQUITY FUND SPONSORS TO ACQUIRE OUTSTANDING EQUITY FOR $23.00/ SHARE IN CASH

• SEASPINE- ORTHOFIX BOARD ENGAGED IN A COMPREHENSIVE AND THOROUGH REVIEW AND EVALUATION OF INDICATION OF INTEREST ORTHOFIX RECEIVED

• SEASPINE- ORTHOFIX BOARD UNANIMOUSLY DETERMINED SEASPINE MERGER TRANSACTION CONTINUES TO BE IN THE BEST INTERESTS OF ORTHOFIX AND ITS STOCKHOLDERS

• SEASPINE - ORTHOFIX REAFFIRMS TO STOCKHOLDERS RECOMMENDATION IN FAVOR OF SEASPINE MERGER TRANSACTION, REMAINS COMMITTED TO COMPLETING TRANSACTION WITH SEASPINE