Trane Technologies (TT) Proxy filing summary

Executive summary

• The annual meeting will be held June 4, 2026, with voting on director elections, executive compensation, auditor appointment, and share issuance authorities.

• Shareholders of record as of April 9, 2026, are eligible to vote; proxy materials are available online and by mail.

• The board is composed of 11 nominees, 10 of whom are independent, with diverse backgrounds and skills.

• Board refreshment and diversity are emphasized, with 45% female, 9% racially/ethnically diverse, and 18% international directors.

Voting matters and shareholder proposals

• Proposals include election of 11 directors, advisory approval of executive compensation, appointment of PwC as auditor, renewal of share issuance authorities, and determination of treasury share reallotment price.

• Shareholder proposals for the 2027 meeting must be submitted by December 24, 2026; director nominations by March 6, 2027.

• Proxy access is available for shareholders with 3%+ voting power, subject to notice and information requirements.

Board of directors and corporate governance

• Board committees include Audit, Human Resources and Compensation, Sustainability/Corporate Governance/Nominating, Technology and Innovation, and Executive.

• Lead Independent Director role provides independent leadership and oversight.

• Board conducts annual self-assessments, succession planning, and maintains director independence standards.

• Directors must retire after age 75 unless waived; share ownership and orientation/education programs are in place.