Recent Updates — DCI

Donaldson Company entered into a Note Purchase Agreement with institutional investors, committing to issue an initial series of senior unsecured notes totaling $250 million in aggregate principal amount. The issuance consists of three tranches: $125 million of 5.93% notes due January 12, 2032; $75 million of 6.10% notes due January 12, 2034; and $50 million of 6.23% notes due January 12, 2037. The notes are expected to be issued on January 12, 2027, following the satisfaction of certain closing conditions. Interest is payable semiannually in arrears. Donaldson Company manufactures filtration products and services for industrial and commercial applications.

Donaldson Company reported record fourth-quarter fiscal 2026 sales of $1.06 billion, an 8.0% increase, and full-year sales of $3.9 billion, up 5.3%. GAAP diluted EPS rose to $1.10 in the quarter (up 13.4%) and $3.85 for the year (up 26.2%), driven by strong organic volume growth and the completed acquisition of Facet Filtration. The company returned approximately $37 million to shareholders via dividends and repaid $102 million in debt during the quarter, while full-year share repurchases totaled $108.5 million. Management issued fiscal 2027 guidance projecting sales growth between 5.5% and 9.5% and EPS of $4.22 to $4.38. Donaldson Company operates as a global leader in technology-led filtration products and solutions across mobile, industrial, and life sciences markets.

Douglas A. Milroy resigned from the Board of Directors of Donaldson Company, Inc., effective July 31, 2026. The company is a manufacturer of filtration products and filtration systems.