On November 28, 2022, Max H. Mitchell, President and Chief Executive Officer of Crane Co., notified Lennox International Inc. (the “Company”) of his decision to resign from the Board of Directors of the Company, effective immediately. This decision was due to the substantial demands and increased time commitment required for his service in connection with the planned separation of Crane Holdings Co. into two publicly-traded companies.

Mr. Mitchell's resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.