GIC Private Reports 13.03% Passive Stake in Medline Inc.

Overview

On October 30, 2026, GIC Private Limited filed Amendment No. 1 to Schedule 13G disclosing its beneficial ownership in Medline Inc. as of September 30, 2026.

Key Ownership Details

• Security: Class A Common Stock, par value $0.0001 per share
• Reporting Entity: GIC Private Limited (along with affiliates GIC Special Investments Private Limited and Hux Investment Pte. Ltd.)
• Aggregate Shares Beneficially Owned: 114,357,929 shares
• Class Percentage: 13.03% (based on 877,351,218 Class A shares outstanding as of August 5, 2026)
• Voting & Dispositive Power breakdown for GIC Private Limited:
  • Sole Voting / Dispositive Power: 13,120,618 shares
  • Shared Voting / Dispositive Power: 101,237,311 shares
• Direct Holder Breakdown:
  • Hux Investment Pte. Ltd. directly holds 91,555,447 shares (10.44%), sharing power with GIC SI and GIC.
  • GIC directly holds 13,120,618 shares under sole power, and shares voting/disposition over 9,681,864 shares with the Monetary Authority of Singapore (MAS).

Nature of Filing

The filing was made pursuant to Rule 13d-1(c), indicating a passive investment intent with no objective of exerting control or influencing management.