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Equality

Crane is founded upon the principles of equality, honesty, fairness, and justice, which are clearly core to the R.T. Crane Resolution. This strong foundation has enabled our inclusive and high-performance culture that we are proud of, and has been a critical driver of our long-term success. Our culture fosters trust and mutual respect at all levels of the organization, beginning with our Board of Directors and the senior management team. We believe that diversity of experiences, perspectives, and backgrounds ultimately brings better leadership, ideas, and stakeholder considerations to enhance growth in all respects. We seek a workforce that reflects the communities in which we operate and one that is as diverse as our businesses.

GENDER AND ETHNIC DIVERSITY

FEMALE REPRESENTATION BY REGION

44%
Cenral America
26%
North America
24%
Europe
36%
Asia Pacific
24%
Australia

OF CRANE’S GLOBAL WORKFORCE IS FEMALE

(Against the global manufacturing industry benchmark of 29%)

OF CRANE’S US WORKFORCE IS ETHNICALLY DIVERSE

(Non-white associates)

Gender Diversity

Ethnicity Diversity

ETHNIC DIVERSITY VS US AVERAGE

Equality Highlight

The Crane Culture - Equality, Diversity, and Inclusion Training

We believe that our focus on diversity and inclusion will enhance our culture, and build upon the great foundation we already have in place. Driven by the Crane Business System’s continuous improvement focus, we are always looking for ways to better put our values into action. Crane took a big step in this direction with the development and roll-out of our internal “Culture & Equality” training workshops for all associates in 2021. Rather than promoting an off-the-shelf commercially available solution, we developed our own training to emphasize and promote the best aspects of Crane’s culture, with a focus on how it is critical to attract and retain top talent. We believe that taking a customized, in-house approach to training, with all workshops led by Crane management rather than third parties, is critical to properly conveying the importance of this initiative.

The targeted outcomes for these workshops, which we believe we achieved successfully, were to:

  • Raise awareness of the overarching Crane culture and our deep history.
  • Orient all salaried attendees to Leadership at Crane.
  • Demonstrate that the tone is set from the top with the welcome message from Max Mitchell (our CEO) and Tami Polmanteer (our CHRO), and establish Presidents, Site Leaders, and HR Leaders as “owners” who truly believe in building on our culture to enhance inclusion to achieve diversity.
  • Discuss the principles of promoting inclusion and what Crane is already doing to achieve this.
  • Engage each team in self-reflection and a team-based assessment to gauge where they are today in terms of promoting inclusion.
  • Leverage the self-assessment to establish commitments for becoming even more inclusive.

49

DEI Workshops conducted since September 2021

1,400+

Associates (over 12%) participated in the training sessions

The workshops will continue throughout 2022 to ensure all global associates are properly informed and aware of this priority at Crane.