OSI Systems Inc

On January 24, 2017, the Court granted preliminary approval to the shareholder derivative settlement involving OSI Systems, Inc. As part of the settlement, OSI Systems has agreed to add another independent member to its Board of Directors and enact significant additional corporate governance measures. The Notice approved by the Court, which contains important information about the Settlement, the Final Approval Hearing set for May 1, 2017 at 9:00 a.m., and the procedure for any shareholder who wishes to object to the Settlement, is attached below, as is a copy of the Stipulation of Settlement.