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Crane Company (CR) Proxy filing summary

Event summary combining transcript, slides, and related documents.

Logotype for Crane Company

Proxy filing summary

1 Apr, 2026

Executive summary

  • Achieved record financial and operational results in 2025, with 13% sales growth in Aerospace & Advanced Technologies and 5% in Process Flow Technologies, driven by organic growth, acquisitions, and portfolio transformation.

  • Completed major acquisitions, including Panametrics, Druck, and Reuter-Stokes for $1.06 billion, and optek-Danulat, enhancing capabilities in both core segments.

  • Divested Engineered Materials segment to focus on two strategic growth platforms.

  • Increased combined equity value by approximately $9 billion since 2022, a 157% rise.

Voting matters and shareholder proposals

  • Stockholders will vote on: (1) election of nine directors for one-year terms, (2) ratification of Deloitte & Touche LLP as independent auditors for 2026, and (3) a non-binding advisory vote on executive compensation.

  • Board recommends voting FOR all proposals.

Board of directors and corporate governance

  • Board consists of nine members, eight of whom are independent; will expand to ten with incoming CEO Alcala.

  • Board rejected resignation of Lead Independent Director Tullis, citing his value during CEO transition.

  • Board committees (Audit, Compensation, Nominating/Governance) are 100% independent.

  • Annual board and committee self-evaluations, director retirement and overboarding policies, and majority voting with resignation policy in place.

  • CEO succession plan executed: Alcala to become CEO after Annual Meeting, Mitchell to transition to Executive Chairman.

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