Flowserve Holds 2019 Annual Meeting of Shareholders

Flowserve Corp. (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, held its 2019 Annual Meeting of Shareholders today in Irving, Texas.

As previously announced, Leif Darner retired as a member of the Board of Directors effective after the annual meeting. "I want to thank Leif for his committed service to Flowserve," said Scott Rowe, Flowserve President and Chief Executive Officer. "During his time on the Board he has made a positive impact with his global perspective and international experience."

Concerning the official business of the meeting, the company announced that its shareholders re-elected, Roger L. Fix, Ruby R. Chandy, Gayla J. Delly, John R. Friedery, John L. Garrison, Joe E. Harlan, Michael C. McMurray, Rick J. Mills, David E. Roberts and Scott Rowe to the company's Board of Directors, each to serve an annual term expiring at the 2020 Annual Meeting of Shareholders.

Biographies for all members of the Board of Directors can be found in the company's 2019 Proxy Statement or on www.flowserve.com.

Voting results indicate that shareholders approved an advisory vote on executive compensation, voting approximately 80 percent in favor of the proposal.

Additionally, shareholders ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2019 and approved the company’s proposed long-term incentive plan.

In addition, shareholders rejected a shareholder proposal requesting the company adopt time-bound, quantitative, company-wide goals for reducing greenhouse gas emissions and approved 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.