Exhibit 99.3
ZIMMER BIOMET HOLDINGS, INC.
RECONCILIATION OF
2016 PROJECTED ADJUSTED DILUTED EPS
TO PROJECTED DILUTED EPS
(unaudited)
| High | Low | |||||||
Projected Year Ended December 31, 2016: | ||||||||
Diluted EPS | $ | 2.67 | $ | 2.52 | ||||
Inventory step-up and other inventory and manufacturing related charges, intangible asset amortization and special items | 7.18 | 7.18 | ||||||
Taxes on above items* | (1.85 | ) | (1.85 | ) | ||||
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Adjusted Diluted EPS | $ | 8.00 | $ | 7.85 | ||||
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| * | The tax effect is calculated based upon the statutory rates for the jurisdictions where the items were or are projected to be incurred. |