Experienced Leader Will Help Advance Growth Initiatives Across the PPC Family of Companies

Pritzker Private Capital ("PPC"), a leader in family direct investing, today announced the appointment of Michael Lamach to the Pritzker Advisory Board. Mr. Lamach, who formerly served as the Chairman and Chief Executive Officer of Trane Technologies plc and Ingersoll-Rand plc, brings more than 35 years of leadership experience to the Pritzker Advisory Board. Mr. Lamach currently serves on the board of directors of Nucor Corporation and PPG Industries Inc., and previously served as Chairman of the Board of the National Association of Manufacturers from 2019 to 2021.

The Pritzker Advisory Board is a team of world-class strategic and operational executives with diverse skill sets and proven experience leading global organizations. Advisory Board members provide insights to PPC regarding potential investment opportunities and strengthen PPC’s partnerships with management teams by providing strategic advice and counsel.

“Mike is a terrific addition to the Pritzker Advisory Board and we are thrilled to welcome him to the PPC family,” said Tony Pritzker, Chairman and Chief Executive Officer of PPC and Chair of the Pritzker Advisory Board. “Mike has a wealth of experience leading high-performing companies and deep relationships across the manufacturing, industrial and commercial services industries. I’m confident that he will be a strong addition to the Pritzker Advisory Board as we continue to guide our companies to long-term growth and value creation.”

“Mike has established a track-record of driving transformational growth across the industry and will bring substantial strategic and operational expertise to PPC’s family of companies,” said Eric Kieras, Investment Partner at PPC. “His collaborative leadership style and focus on cultivating a learning culture fit well with our team’s approach to building business for sustained, long-term success.”

Mr. Lamach served as Executive Chair of Trane Technologies from July 2021 until his retirement in December 2021. Previously, he served as Chairman and CEO of Trane Technologies following its separation from Ingersoll-Rand. While with Ingersoll-Rand, Mr. Lamach held multiple leadership roles, including Chairman and CEO from 2010 to February 2020, President from 2009 to 2010, President of Trane Commercial Systems from 2008 to 2009 and President of the Security Technologies Sector from 2004 to 2008. Prior to joining Ingersoll-Rand, Mr. Lamach spent 17 years with Johnson Controls International plc. Mr. Lamach was named one of Harvard Business Review’s top performing CEOs while leading Trane and was recognized by Forbes as one of America’s 100 most innovative leaders.

“I’m thrilled to join the PPC family alongside my colleagues on the Pritzker Advisory Board,” said Mr. Lamach. “Pritzker’s core values of honesty, integrity and loyalty are closely aligned with my purpose-driven approach to management. I appreciate PPC’s differentiated capital base and flexible investment horizon, and I look forward to working alongside the team and the firm’s strong family of companies.”

In addition to Tony Pritzker as Chairman and Dale Tremblay as Vice Chairman, members of the Pritzker Advisory Board include the following distinguished business leaders:

• Dale Tremblay (Vice Chairman); Chairman & Former Chief Executive Officer, C.H. Guenther & Son
• Ruby Chandy; Former President - Industrial Division, Pall Corp.
• Stephen Newlin; Former Chairman & Chief Executive Officer, Univar Solutions & PolyOne Corp.
• Doug Ray Oberhelman; Former Chairman & Chief Executive Officer, Caterpillar Inc.
• David Steiner; Former President & Chief Executive Officer, Waste Management, Inc.

About Pritzker Private Capital

Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.

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