Business Conduct

Governance

Dover maintains a strong culture of integrity, managing risks related to responsible business practices across our business. Business conduct is primarily managed through our compliance program, which is led by the Chief Compliance Officer and supported by compliance professionals at the corporate center and across our operating companies. This team is supported by our Compliance Champion Program, a network of compliance-trained points of contact at facilities around the world that extends compliance knowledge and focus throughout our organization. The Board of Directors oversees business conduct risks as part of its broader enterprise risk oversight. Together, these governance mechanisms support consistent accountability and implementation of Dover’s business conduct expectations across the organization.

Policies

Our Code of Conduct sets out the core expectations that guide employee conduct, with the overall objective of supporting ethical behavior and responsible business practices across the organization. It applies to all full-time and part-time employees of Dover and its segments, platforms, operating companies and subsidiaries worldwide, as well as members of Dover’s Board of Directors.

Dover’s Code of Ethics for the CEO and Senior Financial Officers complements the broader Code of Conduct. It sets expectations for professional and ethical conduct in senior financial leadership roles, with the goal of supporting sound governance and judgment across the organization.

We also maintain a Communications and Complaints Policy to provide formal channels for raising concerns, complaints or questions related to ethical conduct and compliance. The policy outlines methods for submitting concerns in good faith, including Dover’s external, independent hotline. It applies to all employees and is also available to other stakeholders, including directors, shareholders and third parties. The policy supports review and oversight of reported concerns, including escalation to the Audit Committee where appropriate, as well as protections against retaliation for good‑faith reporting.

For additional governance-related policies, please see our Reports and Disclosures webpage.

Actions and Initiatives

Business Conduct Training: Dover’s compliance training program, known as IntegrityCounts, is informed by risks identified through our annual compliance risk assessment process. Training is refreshed regularly to support understanding of applicable laws, the Code of Conduct and related compliance policies across Dover’s global operations. The training plan operates on a three year rolling schedule and is reviewed annually, accounting for factors such as geography and job function.

Training is delivered through online modules, webinars and live sessions. Assignments are tailored by role and location, covering topics such as the Code of Conduct, conflicts of interest, reporting concerns, supply chain matters, trade compliance, data privacy and security, fair competition, anti-bribery and anti-corruption. Webinars and live sessions provide deeper coverage for jurisdiction-specific requirements and higher-risk groups, including newly acquired businesses.

Third-Party Vetting Program: We maintain a comprehensive compliance vetting program to screen third parties that provide goods and services to Dover and its operating companies. The program vets prospective and existing business partners based on factors such as the countries in which they operate, interactions with government entities and the nature and scale of their commercial relationships with Dover. Screening standards are applied in line with the level of risk identified. Third parties are rescreened on a regular cadence to reflect changes in business activities or risk profiles and to check that screening standards remain appropriate over time.

Global Hotline: We maintain a Global Hotline that can be used by any person to report issues or concerns relating to our standards of business ethics and compliance, and to do so anonymously, if they so choose, unless prohibited by local law. This hotline is available 24 hours a day, 7 days a week and in 17 different languages. The availability of the hotline is communicated to our employees through the Code, in live and online training sessions and in our quarterly “IntegrityCounts” newsletter where we share policy updates and best practices for our employees to reinforce our sense of professional integrity.

Shareholder Engagement: We engage directly with shareholders to gather input on corporate governance, executive compensation and sustainability topics. In 2025, we contacted shareholders representing approximately 57% of our outstanding shares and held discussions with governance professionals and portfolio managers at investors representing approximately 26% of our outstanding shares. Feedback from these engagements is shared with the Board and informs its oversight and decision-making. We expect to continue engaging with shareholders on a regular basis.