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Advancing Our Stewardship
2008 Corporate Responsibility Report

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2008 Corporate Responsibility Report

Table of Contents
A Message from the Chairman and CEO................................................................................................... 5 Company Profile................................................................................................................................................ 7 Corporate Governance & Business Ethics ............................................................................................... 11 Our Employees ............................................................................................................................................... 17 Responsibility for Our Products................................................................................................................. 25 Environment, Health and Safety ............................................................................................................... 31 Global Community Support ....................................................................................................................... 37 GRI Index........................................................................................................................................................... 42

About this Report
This report describes the corporate responsibility programs and performance of Medtronic, Inc., during fiscal year 2008 (April 28, 2007-April 25, 2008) unless otherwise stated. Our goal for this inaugural report is to provide anaccurate account of economic, social and environmental performance in the areas that are most relevant to our business and stakeholders. In determining the content for this report, we took into account input from stakeholders, current Global Reporting Initiative (GRI) guidelines and an internal analysis of the primary issues most material to Medtronic. The report references performance indicatorsand other items from the GRI G3 Sustainability Reporting Guidelines as indicated in our GRI Index. Data included in the report covers Medtronic, Inc. and all of its consolidated subsidiaries, but does not include joint ventures or strategic alliances. Financial information is reported in U.S. dollars. Environmental, health and safety data are from both manufacturing and research and developmentfacilities. Medtronic has not sought independent verification of this report but will consider doing so in the future. We encourage stakeholder feedback to assess the usefulness of this report and to provide suggestions regarding the content of future reports. To provide feedback or request additional information about this report, please email: responsibilityreport@medtronic.com.

MedtronicMission
To contribute to human welfare by application of biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health, and extend life. To direct our growth in the areas of biomedical engineering where we display maximum strength and ability; to gather people and facilities that tend to augment these areas; to continuously buildon these areas through education and knowledge assimilation; to avoid participation in areas where we cannot make unique and worthy contributions. To strive without reserve for the greatest possible reliability and quality in our products; to be the unsurpassed standard of comparison and to be recognized as a company of dedication, honesty, integrity, and service. To make a fair profit on currentoperations to meet our obligations, sustain our growth, and reach our goals. To recognize the personal worth of employees by providing an employment framework that allows personal satisfaction in work accomplished, security, advancement opportunity, and means to share in the company’s success. To maintain good citizenship as a company.

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2008 Corporate Responsibility Report

A Message...
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