BD believes that our operations comply in all material respects with applicable environmental laws and regulations. Compliance has not had, and should not have, a material adverse effect on BD.

BD is a party to a number of Federal proceedings in the United States brought under the Comprehensive Environment Response, Compensation and Liability Act, also known as “Superfund,” and similar state laws. The affected sites are in varying stages of development. In some instances, the remedy has been completed, while in others, environmental studies are commencing. For all sites, other potentially responsible parties may be jointly or severally liable to pay all cleanup costs.