FLOWSERVE CORP

The proposal requests that Flowserve hold an annual, non-binding shareholder vote on the company’s stock repurchase program, presented on the same ballot as the annual advisory vote on executive compensation (Say-on-Pay). Proponents argue repurchases can divert cash from growth investments, artificially lift EPS (which may affect executive pay), and that debt-financed buybacks can increase financial risk. The proposal cites that Flowserve repurchased over $140 million in Q3 2025 and had approximately $200 million of repurchase authorization remaining as of October 2025. If adopted, the vote would be advisory and intended to give shareholders an annual opportunity to express their views on share repurchase activity.