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Elkay’s Values are at
                                            the heart of our culture
                                                             culture.

We are in business forever.                           Knowledge empowers.
                                                                                                       because
We all have the responsibility to leave the
business stronger than when we started.
                                                      Information sharing builds trust and
                                                      confidence and leads to better decision
                                                                                                                  …
Continuous improvement is necessary for               making. Effective communication is
growth and continued future success
                               success.               absolutely necessary to manage our business
                                                      and satisfy the needs of our employees and
                                                      business partners.
Making a p
     g profit is
an honorable endeavor.                                Our word is our bond.
Profit is a necessary ingredient for a successful     We honor our commitments to our customers,
relationship with our business partners. All of the
                               partners               employees, and suppliers, and the
partners (customers, suppliers, employees and         communities in which we live and work. The
shareholders) must benefit in their own way to        key ingredients in all of our commitments is
foster a lasting relationship
                 relationship.                        integrity and trust.


We value quality in all we do.
         q     y                                      Ou s e g
                                                      Our strength
Quality is seen in our products, our processes , in   is in our people.
how we communicate and in our relationships
                                                      People are the foundation of our company.
with each other, our business partners and our
                                                      Our
                                                      O people are valued as iindividuals and
                                                                l        l d       di id l     d
families. Quality is the personal responsibility of
                                                      treated with respect, dignity and fairness. We
each employee.
                                                      expect the highest levels of performance
                                                      and integrity from our people and we strive
                                                      to create opportunities for them to develop
                                                      and reach their full potential.




                                                                                                                       about our people.
                                                                                                                 about ethics and values.
                                                                                                                  about the environment.
                                                                                                                   about our community.
                                                                                                                                     y
                                                                                                                        about the future.
because
          about being a good corporate citizen…
                                                  When you run your business
                                                  for so long, putting Values
                                                  at the heart of your
                                                  decisions, social
                                                  responsibility and
                                                  good citizenship become
                                                  cultural by-products. Elkay
                                                  tends to attract people
                                                  who find our Values
                                                  compelling. And once
                                                  on board, operating in a
                                                  culture that stresses doing
                                                                            g
                                                  the right thing, they
                                                  ultimately d right b the
                                                   lti  t l do i ht by th
                                                  larger world. As a result, our
                                                  company track record,
                                                  when viewed from the lens
                                                   h    i   df     th l
                                                  of “Good Corporate
                                                  Citizenship” is something we
                                                  can all be proud of
                                                                   of.
because
          about Ethics and Values.
          "Our word is our bond.“

          "Making a profit is an honorable endeavor."
           Making a profit is an honorable endeavor.

          These values lie at the heart of our culture. 
          They were crafted many years ago by thoughtful leaders –
          They were crafted many years ago by thoughtful leaders –
          deeply committed to doing the right thing.

          Today, they remain the cornerstone of the business –
          Today they remain the cornerstone of the business
          an enterprise capable of "being in business forever". 

          Employees review and acknowledge our Code of Conduct 
             l               d k     l d         d f      d
          on a regular basis. Acknowledging the Code, we commit to doing 
          business in compliance with all legal requirements and the highest 
                         p                  g     q                    g
          possible standards of integrity and ethical conduct. Employees are 
          given insights and an ethical framework to make informed decisions. 

          Elkay's Code of Conduct leads naturally to best business practices 
          that govern how Elkay manages complex issues 
          in the countries where we do business.
because

                                       about our People.
ENGAGEMENT ‐‐ Elkay strives to fully engage our teams in their 
work. Through engagement, the individual, the team, and the company as 
a whole win. Leaders focus on removing obstacles that might stop 
employees from feeling fully engaged, reaching their personal best...and 
   p y     f    f     gf y g g ,             g       p
achieving our common goals.

SAFETY PROGRAMS ‐‐ We’re committed to providing an 
environment where employees are safe, well prepared to handle safety 
issues, and actively looking out for each other – so employees go home to 
their loved ones in the same condition as when they arrived.

WORK/LIFE BALANCE ‐‐ Being family‐owned and operated, we’ve 
got a deep appreciation for the importance of a healthy home life. 
Employees report a real sense of family and closeness here ‐‐ and that they 
Employees report a real sense of family and closeness here and that they
can leave behind work‐related challenges when they return home.

TOTAL COMPENSATION/BENEFITS ‐‐ Competitive 
                  /
compensation and benefits help us attract the most talented people. We're 
proud these offerings are consistently rated favorably by employees. 

WELLNESS PROGRAMS ‐‐
WELLNESS PROGRAMS most companies offer health benefits, 
and Elkay is no exception. And our wellness programs go beyond health 
benefits that address illness once it occurs, by informing and engaging 
employees in upfront wellness planning and taking proactive steps to stop 
health issues in their tracks.

EMPLOYMENT POLICIES ‐‐ Fairness. Open communication. Access 
EMPLOYMENT POLICIES ‐‐ Fairness Open communication Access
to leaders. Knowing your voice is heard. These aspects of our employment 
experience help people build a successful career with Elkay. Our 
employment policies protect employees from harm and ensure the 
employment policies protect employees from harm and ensure the
interests of the company are served…working together we live up to our 
Value that "We are in Business Forever.".

EMPLOYEE DEVELOPMENT ‐‐ Elkay strives to make each 
employee’s experience one centered around growth and engagement.  We 
        p f                   p         p          p              p y
believe professional development is a partnership between employees and 
our leaders. Through formal performance and talent management, we 
provide a vehicle by which those conversations happen regularly. We offer 
a variety of activities, project work and training to help our team members 
a variety of activities project work and training to help our team members
chart a course for success.
because   about our Planet.
          When it comes to measuring environmental practices, one common method 
          is to ask whether a company complies with all environmental regulations 
          governing their industry. While compliance is considered by some a 
                i    h i i d        Whil      li     i      id d b
          low threshold, voluntary compliance and operating well within state standards 
          remains an objective way to assess a company's environmental performance. 

          We pride ourselves in our clean operations 
          that stay within the regulatory standards 
          wherever we operate. 
          We achieve this by ensuring our environmental, safety, risk and regulatory 
          teams are current on the latest regulations, and empowered to change 
                                h l           l i        d         d     h
          our operations based on new or emerging standards 
          and best practices in our industries. 

          POLLUTION PREVENTION 
          AND MINIMIZING ENVIRONMENTAL HARM. 
          We strive to improve operations and lessen our environmental impact, 
          embracing new methods to eliminate and reduce emissions 
          while minimizing waste & operating costs. 
          while minimizing waste & operating costs

          SUSTAINABLE USE AND DISPOSAL 
          OF MANUFACTURING WASTE 
          OF MANUFACTURING WASTE
          Manufacturing operations create waste. While Elkay is no exception, we’re 
          committed to eliminating waste at the source, and finding creative ways to 
          ensure operating by‐products do not wind up in landfills. Raw materials not 
          fully utilized in manufacturing are recycled. Finished goods not deemed 
          suitable for shipment to customers due to minor blemishes in the finish, etc. 
          suitable for shipment to customers due to minor blemishes in the finish, etc.
          are donated to local charities. Equipment at the end of its lifecycle is sold to 
          local dealers to be refurbished, repurposed or recycled. 

          PRODUCTS THAT PROTECT OUR PLANET
          Products like Elkay's EZH2O helps reduce the number of plastic water bottles 
          that go into landfills. Every EZH2O installed in a school, gym, park, 
           h           l df ll                     ll d        h l           k
          or public building has an exponential impact on our planet, eliminating 
          thousands of plastic water bottles from the waste stream. 

          GREEN OFFICE PRACTICES
          From recycling to efficient lighting, we seek to reduce costs 
          and lower our impact on the planet. 
about our Communities.
          abo t o r Comm nities
          VOLUNTEER TIME OFF
          Elkay employees receive 2 paid days off per year to volunteer 
          locally. While up to 8 hours can be spent at a qualifying charity of 
          the employee s choice, the second day off should be at a 
          the employee’s choice the second day off should be at a
          company‐sponsored event. In addition to benefiting the 
          community and the charity, company‐sponsored volunteer events 
          provide an enjoyable team‐building experience. 

          CHARITABLE GIVING
          Employees can participate in the ELKAYcares charitable giving 
          program. Through this company‐matched, payroll‐deducted 
          giving campaign, employees donate to a wide array of charities 
          giving campaign employees donate to a wide array of charities

because   focused on health, environmental protection, animal welfare, 
          clean water, affordable housing, veterans issues, and supporting 
          those in need. 
because

              about the Future.
            "We are in business forever" is often 
               considered the most important of 
                                     p        f
              Elkay's values. It serves as a litmus 
             test for new strategies, policies and 
           practices. Will pursuing this idea help 
             Elkay achieve our vision of being in 
           business forever? If the answer is no, 
                    f         f                 ,
             more often than not, the proposed 
                         direction is not pursued. 

           This value requires Elkay's leaders to 
            take planning for the long term very 
                seriously. Whether adjusting our 
             business strategies and structure to 
           align with our near‐term mission and 
           align with our near‐term mission and
             long‐term vision, ensuring that our 
                  culture empowers our people, 
              inspiring innovative and problem‐
           solving to take us in the direction we 
          need to go, or putting board members 
          need to go or putting board members
                 and succession plans in place to 
          ensure our longevity, stability and well 
          being, the company values, vision and 
                  mission are never out of sight. 
Elkay’s Values are at
                                            the heart of our culture
                                                             culture.

We are in business forever.                           Knowledge empowers.
                                                                                                      because
We all have the responsibility to leave the
business stronger than when we started.
                                                      Information sharing builds trust and
                                                      confidence and leads to better decision
                                                                                                                 …
Continuous improvement is necessary for               making. Effective communication is
growth and continued future success
                               success.               absolutely necessary to manage our business
                                                      and satisfy the needs of our employees and
                                                      business partners.
Making a p
     g profit is
an honorable endeavor.                                Our word is our bond.
Profit is a necessary ingredient for a successful     We honor our commitments to our customers,
relationship with our business partners. All of the
                               partners               employees, and suppliers, and the
partners (customers, suppliers, employees and         communities in which we live and work.
shareholders) must benefit in their own way to        The key ingredients in all of our commitments
foster a lasting relationship
                 relationship.                        are integrity and trust.


We value quality in all we do.
         q     y                                      Ou s e g
                                                      Our strength
Quality is seen in our products, our processes , in   is in our people.
how we communicate and in our relationships
                                                      People are the foundation of our company.
with each other, our business partners and our
                                                      Our
                                                      O people are valued as iindividuals and
                                                                l        l d       di id l     d
families. Quality is the personal responsibility of
                                                      treated with respect, dignity and fairness.
each employee.
                                                      We expect the highest levels of performance
                                                      and integrity from our people and we strive
                                                      to create opportunities for them to develop
                                                      and reach their full potential.




                                                                                                                      about our people.
                                                                                                                about ethics and values.
                                                                                                                 about the environment.
                                                                                                                  about our community.
                                                                                                                                    y
                                                                                                                       about the future.

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because ELKAYcares...

  • 1. Elkay’s Values are at the heart of our culture culture. We are in business forever. Knowledge empowers. because We all have the responsibility to leave the business stronger than when we started. Information sharing builds trust and confidence and leads to better decision … Continuous improvement is necessary for making. Effective communication is growth and continued future success success. absolutely necessary to manage our business and satisfy the needs of our employees and business partners. Making a p g profit is an honorable endeavor. Our word is our bond. Profit is a necessary ingredient for a successful We honor our commitments to our customers, relationship with our business partners. All of the partners employees, and suppliers, and the partners (customers, suppliers, employees and communities in which we live and work. The shareholders) must benefit in their own way to key ingredients in all of our commitments is foster a lasting relationship relationship. integrity and trust. We value quality in all we do. q y Ou s e g Our strength Quality is seen in our products, our processes , in is in our people. how we communicate and in our relationships People are the foundation of our company. with each other, our business partners and our Our O people are valued as iindividuals and l l d di id l d families. Quality is the personal responsibility of treated with respect, dignity and fairness. We each employee. expect the highest levels of performance and integrity from our people and we strive to create opportunities for them to develop and reach their full potential. about our people. about ethics and values. about the environment. about our community. y about the future.
  • 2. because about being a good corporate citizen… When you run your business for so long, putting Values at the heart of your decisions, social responsibility and good citizenship become cultural by-products. Elkay tends to attract people who find our Values compelling. And once on board, operating in a culture that stresses doing g the right thing, they ultimately d right b the lti t l do i ht by th larger world. As a result, our company track record, when viewed from the lens h i df th l of “Good Corporate Citizenship” is something we can all be proud of of.
  • 3. because about Ethics and Values. "Our word is our bond.“ "Making a profit is an honorable endeavor." Making a profit is an honorable endeavor. These values lie at the heart of our culture.  They were crafted many years ago by thoughtful leaders – They were crafted many years ago by thoughtful leaders – deeply committed to doing the right thing. Today, they remain the cornerstone of the business – Today they remain the cornerstone of the business an enterprise capable of "being in business forever".  Employees review and acknowledge our Code of Conduct  l d k l d d f d on a regular basis. Acknowledging the Code, we commit to doing  business in compliance with all legal requirements and the highest  p g q g possible standards of integrity and ethical conduct. Employees are  given insights and an ethical framework to make informed decisions.  Elkay's Code of Conduct leads naturally to best business practices  that govern how Elkay manages complex issues  in the countries where we do business.
  • 4. because about our People. ENGAGEMENT ‐‐ Elkay strives to fully engage our teams in their  work. Through engagement, the individual, the team, and the company as  a whole win. Leaders focus on removing obstacles that might stop  employees from feeling fully engaged, reaching their personal best...and  p y f f gf y g g , g p achieving our common goals. SAFETY PROGRAMS ‐‐ We’re committed to providing an  environment where employees are safe, well prepared to handle safety  issues, and actively looking out for each other – so employees go home to  their loved ones in the same condition as when they arrived. WORK/LIFE BALANCE ‐‐ Being family‐owned and operated, we’ve  got a deep appreciation for the importance of a healthy home life.  Employees report a real sense of family and closeness here ‐‐ and that they  Employees report a real sense of family and closeness here and that they can leave behind work‐related challenges when they return home. TOTAL COMPENSATION/BENEFITS ‐‐ Competitive  / compensation and benefits help us attract the most talented people. We're  proud these offerings are consistently rated favorably by employees.  WELLNESS PROGRAMS ‐‐ WELLNESS PROGRAMS most companies offer health benefits,  and Elkay is no exception. And our wellness programs go beyond health  benefits that address illness once it occurs, by informing and engaging  employees in upfront wellness planning and taking proactive steps to stop  health issues in their tracks. EMPLOYMENT POLICIES ‐‐ Fairness. Open communication. Access  EMPLOYMENT POLICIES ‐‐ Fairness Open communication Access to leaders. Knowing your voice is heard. These aspects of our employment  experience help people build a successful career with Elkay. Our  employment policies protect employees from harm and ensure the  employment policies protect employees from harm and ensure the interests of the company are served…working together we live up to our  Value that "We are in Business Forever.". EMPLOYEE DEVELOPMENT ‐‐ Elkay strives to make each  employee’s experience one centered around growth and engagement.  We  p f p p p p y believe professional development is a partnership between employees and  our leaders. Through formal performance and talent management, we  provide a vehicle by which those conversations happen regularly. We offer  a variety of activities, project work and training to help our team members  a variety of activities project work and training to help our team members chart a course for success.
  • 5. because about our Planet. When it comes to measuring environmental practices, one common method  is to ask whether a company complies with all environmental regulations  governing their industry. While compliance is considered by some a  i h i i d Whil li i id d b low threshold, voluntary compliance and operating well within state standards  remains an objective way to assess a company's environmental performance.  We pride ourselves in our clean operations  that stay within the regulatory standards  wherever we operate.  We achieve this by ensuring our environmental, safety, risk and regulatory  teams are current on the latest regulations, and empowered to change  h l l i d d h our operations based on new or emerging standards  and best practices in our industries.  POLLUTION PREVENTION  AND MINIMIZING ENVIRONMENTAL HARM.  We strive to improve operations and lessen our environmental impact,  embracing new methods to eliminate and reduce emissions  while minimizing waste & operating costs.  while minimizing waste & operating costs SUSTAINABLE USE AND DISPOSAL  OF MANUFACTURING WASTE  OF MANUFACTURING WASTE Manufacturing operations create waste. While Elkay is no exception, we’re  committed to eliminating waste at the source, and finding creative ways to  ensure operating by‐products do not wind up in landfills. Raw materials not  fully utilized in manufacturing are recycled. Finished goods not deemed  suitable for shipment to customers due to minor blemishes in the finish, etc.  suitable for shipment to customers due to minor blemishes in the finish, etc. are donated to local charities. Equipment at the end of its lifecycle is sold to  local dealers to be refurbished, repurposed or recycled.  PRODUCTS THAT PROTECT OUR PLANET Products like Elkay's EZH2O helps reduce the number of plastic water bottles  that go into landfills. Every EZH2O installed in a school, gym, park,  h l df ll ll d h l k or public building has an exponential impact on our planet, eliminating  thousands of plastic water bottles from the waste stream.  GREEN OFFICE PRACTICES From recycling to efficient lighting, we seek to reduce costs  and lower our impact on the planet. 
  • 6. about our Communities. abo t o r Comm nities VOLUNTEER TIME OFF Elkay employees receive 2 paid days off per year to volunteer  locally. While up to 8 hours can be spent at a qualifying charity of  the employee s choice, the second day off should be at a  the employee’s choice the second day off should be at a company‐sponsored event. In addition to benefiting the  community and the charity, company‐sponsored volunteer events  provide an enjoyable team‐building experience.  CHARITABLE GIVING Employees can participate in the ELKAYcares charitable giving  program. Through this company‐matched, payroll‐deducted  giving campaign, employees donate to a wide array of charities  giving campaign employees donate to a wide array of charities because focused on health, environmental protection, animal welfare,  clean water, affordable housing, veterans issues, and supporting  those in need. 
  • 7. because about the Future. "We are in business forever" is often  considered the most important of  p f Elkay's values. It serves as a litmus  test for new strategies, policies and  practices. Will pursuing this idea help  Elkay achieve our vision of being in  business forever? If the answer is no,  f f , more often than not, the proposed  direction is not pursued.  This value requires Elkay's leaders to  take planning for the long term very  seriously. Whether adjusting our  business strategies and structure to  align with our near‐term mission and  align with our near‐term mission and long‐term vision, ensuring that our  culture empowers our people,  inspiring innovative and problem‐ solving to take us in the direction we  need to go, or putting board members  need to go or putting board members and succession plans in place to  ensure our longevity, stability and well  being, the company values, vision and  mission are never out of sight. 
  • 8. Elkay’s Values are at the heart of our culture culture. We are in business forever. Knowledge empowers. because We all have the responsibility to leave the business stronger than when we started. Information sharing builds trust and confidence and leads to better decision … Continuous improvement is necessary for making. Effective communication is growth and continued future success success. absolutely necessary to manage our business and satisfy the needs of our employees and business partners. Making a p g profit is an honorable endeavor. Our word is our bond. Profit is a necessary ingredient for a successful We honor our commitments to our customers, relationship with our business partners. All of the partners employees, and suppliers, and the partners (customers, suppliers, employees and communities in which we live and work. shareholders) must benefit in their own way to The key ingredients in all of our commitments foster a lasting relationship relationship. are integrity and trust. We value quality in all we do. q y Ou s e g Our strength Quality is seen in our products, our processes , in is in our people. how we communicate and in our relationships People are the foundation of our company. with each other, our business partners and our Our O people are valued as iindividuals and l l d di id l d families. Quality is the personal responsibility of treated with respect, dignity and fairness. each employee. We expect the highest levels of performance and integrity from our people and we strive to create opportunities for them to develop and reach their full potential. about our people. about ethics and values. about the environment. about our community. y about the future.