On December 1, 2016, Becton, Dickinson and Company (the
Company) announced the early tender results, upsizing and pricing for its tender offers (collectively, the Tender Offers) to purchase for cash (i) any and all of the Companys 1.450% senior notes due 2017 (the
Any and All Notes) and (ii) up to the applicable maximum tender subcap of each of the Companys 1.800% senior notes due 2017 (1.800% Notes), 5.000% senior notes due 2019 (5.000% Notes), 6.375% senior
notes due 2019 (6.375% Notes), 2.675% senior notes due 2019 (2.675% Notes), 3.875% senior notes due 2024 (3.875% Notes) and 3.734% senior notes due 2024 (3.764% Notes and, collectively, the
Maximum Tender Offer Notes and, together with the Any and All Notes, the Securities) issued by the Company, subject to an aggregate maximum tender cap of $1,462,819,000 (increased from $1,100,000,000) for all tendered series
of Maximum Tender Offer Notes. The Tender Offers were made pursuant to an offer to purchase dated November 16, 2016 and related letter of transmittal, which set forth the terms and conditions of the Tender Offers.
In order to receive additional consideration for tendering early, holders of Securities must have validly tendered and not validly withdrawn
their Securities by 5:00 p.m., New York City time, on November 30, 2016 (the Early Tender Date). At the Early Tender Date, holders had tendered and not validly withdrawn approximately $191,975,000 of the $292,899,000 aggregate
principal amount of outstanding Any and All Notes, $1,102,474,000 of the $1,250,000,000 aggregate principal amount of outstanding 1.800% Notes, $153,332,000 of the $500,000,000 aggregate principal amount of outstanding 5.000% Notes, $338,376,000 of
the $664,855,000 aggregate principal amount of outstanding 6.375% Notes, $980,639,000 of the $1,250,000,000 aggregate principal amount of outstanding 2.675% Notes, $221,111,000 of the $397,441,000 aggregate principal amount of outstanding 3.875%
Notes and $697,755,000 of the $1,750,000,000 aggregate principal amount of outstanding 3.734% Notes. As of the Early Tender Date, the offers for the 1.800% Notes, 2.675% Notes and 3.734% Notes have been fully subscribed insofar as the aggregate
principal amount of each such series that has been tendered and not withdrawn exceeds the applicable maximum tender subcap. As a result, the Company will not accept for purchase all such Maximum Tender Offer Notes that have been tendered. Rather,
the Company will accept Maximum Tender Offer Notes of each applicable series for purchase on a prorated basis, using a proration rate of approximately 23% for the 1.800% Notes, approximately 13% for the 2.675% Notes and approximately 54% for the
3.734% Notes. The Company will accept for purchase the aggregate principal amount of Maximum Tender Offer Notes tendered by a holder multiplied by the applicable proration rate and then rounded down to the nearest $1,000 increment. The Company will
accept all of the 5.000% senior notes due 2019, 6.375% senior notes due 2019 and 3.875% senior notes due 2024 validly tendered and not validly withdrawn as of the Early Tender Date.
Furnished as Exhibits 99.1 and 99.2 and incorporated herein by reference are copies of the press releases announcing the early tender results
and upsizing and pricing, respectively, of the Tender Offers.