On May 16, 2022, CVS Health Corporation announced that it will redeem for cash all of its 3.500% Senior Notes due July 20, 2022. The redemption will occur on or about May 31, 2022. Notices of redemption will be sent by The Bank of New York Mellon Trust Company, N.A., as trustee.

The aggregate principal amount of Notes outstanding is $1,500 million. The Notes will be redeemed at a redemption price equal to 100% of the principal amount of the Notes being redeemed, plus any interest accrued and unpaid to, but excluding, the redemption date. The Company expects to fund the redemption of the Notes from available cash.