Flowserve Holds 2018 Annual Meeting of Shareholders

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, held its 2018 Annual Meeting of Shareholders today in Irving, Texas.

Concerning the official business of the meeting, the company announced that its shareholders re-elected all directors: Roger L. Fix, Ruby R. Chandy, Leif E. Darner, Gayla J. Delly, John R. Friedery, Joe E. Harlan, Rick J. Mills, David E. Roberts and Scott Rowe, each to serve an annual term expiring at the 2019 Annual Meeting of Shareholders. Biographies for all members of the Board of Directors can be found in the company's 2018 Proxy Statement or on www.flowserve.com.

Voting results indicate that shareholders approved an advisory vote on executive compensation, voting approximately 94 percent in favor of the proposal.

Additionally, shareholders ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2018.

Finally, in line with the recommendation of the Board of Directors, shareholders rejected a shareholder proposal requesting the company adopt time-bound, quantitative, company-wide, science-based targets for reducing greenhouse gas emissions and a shareholder proposal requesting the board of directors permit written consent by shareholders.

Final voting results on all agenda items will be available in a Current Report on Form 8-K to be filed by the company following certification by the company's inspector of elections.

About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.

Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as, "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, statements concerning our future financial performance, future debt and financing levels, investment objectives, implications of litigation and regulatory investigations and other management plans for future operations and performance.