Company Announcements

5 October 2022

Rotork PLC - 2022 AGM Voting Outcome Update Statement

In its 2022 AGM results announcement, the Company noted that all resolutions were passed, although there was a significant minority vote against resolution 4 relating to the re-election of Ann Christin Andersen as a Non-Executive Director. Total votes received in favour of this resolution were 79.89%.

Following the AGM result, the Company has actively sought to engage with significant shareholders who voted against Ms Anderson's re-election to better understand their voting decision and concerns around a perceived "over-boarding".

The Board believes that Ms Anderson continues to have the capacity to discharge her role at Rotork PLC effectively. In addition to her role at Rotork, Ms Anderson holds publicly listed company roles as Non-Executive Chair of Quantafuel AS, and as a non-executive director at Ferrexpo PLC. The Board notes that Ms Anderson has confirmed that she will step down as a non-executive director of The Drilling Company of 1972 AS ("Maersk Drilling"), and will not be taking up a role on the board of the newly combined company, on completion of the EGM following its merger with Noble Corporation, which it understands is currently scheduled for 15 November 2022.

The Board is satisfied with Ms Anderson's attendance and believes she is able to devote appropriate time to Rotork's business.

Any further updates on communication with shareholders on this matter, and further information in support of the re-election of the directors of the Company, will be provided in the 2022 annual report and accounts and associated documentation.

ENDS

Further information:

Notes:

Legal Entity Identifier: 213800AH5RZIHGWRJ718

About Rotork

For more information on Rotork, please visit our website: www.rotork.com