Crane Company (CR) Proxy filing summary

Executive summary

• Annual Meeting scheduled for April 28, 2025, with voting on director elections, auditor ratification, and executive compensation approval.

• Strong 2024 financial performance, with significant sales and margin growth in both Aerospace & Electronics and Process Flow Technologies segments.

• Strategic actions since 2022 included major acquisitions, divestitures, and the completion of a corporate separation, resulting in a 167% increase in combined equity value since 2020.

• Board and management focused on portfolio simplification, growth investments, and operational excellence.

Voting matters and shareholder proposals

• Shareholders will vote on electing nine directors for one-year terms, ratifying Deloitte & Touche LLP as independent auditors for 2025, and approving executive compensation in a non-binding advisory vote.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of nine members, eight of whom are independent; diversity in gender, ethnicity, and experience is emphasized.

• Lead Independent Director role established in 2024 to ensure independent oversight under a combined Chairman/CEO structure.

• Annual board and committee self-evaluations, strict overboarding and retirement policies, and majority voting with resignation policy for directors.

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