Donaldson Completes Acquisition of 49% Minority Stake in Medica SpA Page 1

Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a leading global provider of innovative filtration products and solutions, today announced that it has completed its previously announced acquisition of a 49% ownership interest in Medica SpA (Medica) for approximately €62 million, excluding transaction-related fees and expenses. This acquisition supports Donaldson’s strategy to build and expand the capabilities of its Life Sciences business.

Medica is a leader in hollow fiber membrane filtration technology for medical device applications and water purification. Headquartered in Medolla, Italy, the company has over 700 employees worldwide and generated revenues of €80 million in calendar year 2023.