Crane Company (CR) Proxy Filing summary

Executive summary

• The 2025 annual meeting will be held virtually on May 22, 2025, with voting on director elections, auditor ratification, and executive compensation approval.

• Nine directors are nominated for re-election, with a majority being independent and a focus on board diversity and skills.

• The board maintains strong governance practices, including annual evaluations, majority voting, and stringent conflict of interest policies.

• Executive compensation is performance-based, with a significant portion tied to company results and long-term value creation.

• The company’s compensation program includes base salary, annual incentives, and equity awards, with robust stock ownership guidelines and a clawback policy.

Voting matters and shareholder proposals

• Shareholders will vote on electing nine directors, ratifying Deloitte & Touche LLP as auditors, and approving executive compensation in a non-binding advisory vote.

• The board recommends voting in favor of all proposals.

Board of directors and corporate governance

• The board consists of nine members, with all but the CEO considered independent.

• Board committees (Audit, Compensation, Nominating/Governance, Executive) are fully independent and meet regularly.

• Directors are subject to retirement and resignation policies, annual self-evaluations, and stock ownership requirements.

• Board leadership is separated between the Chairman and CEO roles.