Rexnord stockholders approve PMC combination with Regal Beloit

Zurn Elkay Water Solutions Corp

Separation and merger proposal approved: 115,542,896 for, 12,230 against, 161,525 abstentions.
Non-binding compensation proposal passed: 63,295,843 for, 52,252,316 against, 168,492 abstentions.
Transaction expected to close early Q4 2021, subject to remaining conditions.
PMC business will be combined with Regal in a Reverse Morris Trust structure, creating Zurn Water Solutions standalone.

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