Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 12, 2023, the Board of Directors (the "Board") of Graco Inc. (the "Company") appointed Ms. Heather L. Anfang to serve as a director of the Company, effective May 12, 2023. Ms. Anfang was appointed to the class of directors whose terms expire at the 2024 annual meeting of shareholders of the Company.

Ms. Anfang has been appointed to serve on the Board's Audit Committee and Management Organization and Compensation Committee, effective May 12, 2023. In connection with her appointment, Ms. Anfang will be receiving the standard director compensation as referenced in our Proxy Statement for the 2023 Annual Meeting.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release dated May 12, 2023.

104 Cover Page Interactive Data File (included within the Inline XBRL document).

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