For nearly a hundred years, understanding the unique needs of our customers, investors, employees and communities has been a key driver of Graco’s success. To deepen and expand this understanding, we completed our first ESG focused materiality assessment, aimed at identifying the most pressing issues for our stakeholders and our business overall. The findings are helping us prioritise both our reporting and disclosure on ESG topics, as well as the actions we take moving forward. This report includes information on a range of priority topics determined by the materiality assessment, categorised into four categories:

Graco products are engineered to help our end users move, measure, mix, control, dispense and spray everything from peanut butter and oil to paint and glue. As we have for nearly 100 years, we continually look for ways to innovate, improve and expand our product lines to offer better solutions for our customers.

We manage our business in a way that conserves natural resources and protects the environment. This is consistent with our focus on fact-based, long-term decision making. As a result, operating efficiently and continually working to minimise the energy we use—and the related GHG emissions - is a key focus for Graco. Doing so has helped drive our success for nearly a century.

Graco’s employees work hard every day to deliver on our commitment to making high quality, industry leading products and services. Our success depends on our people partnering to provide innovative solutions to our customers. Our focus is on continuous improvement and growth for our company and for our team members.

Graco’s strong governance is core to our success. We believe that we best serve all of our stakeholders by operating our business with ethics and integrity. This approach is embedded within our culture and our values. We are committed to consistently operating in compliance with all applicable local, national and international laws governing our business operations.