Baird Advisory Fees and Past Services Disclosed

Baird will receive a transaction fee of approximately $5 million for its advisory services on the merger, with $3 million payable upon delivery of its opinion. Baird previously served as a joint bookrunner for Gardner Denver's IPO in May 2017 and follow-on offerings in 2017 and 2018.

“Baird will receive a transaction fee of approximately $5 million for its services, a significant portion $2 million of which is contingent upon the consummation of the merger.”

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