Dover generally does not use corporate funds to contribute to federal, state or local candidates, political parties, political committees, other 527 political organizations, or ballot measure initiatives, nor to make independent political expenditures in direct support of or opposition to a candidate or ballot measure campaign. In 2021, we made no such contributions or expenditures. We also do not sponsor a political action committee (PAC).

Although it has not been our practice to use corporate funds for political contributions or expenditures and we have no plans to do so, we may in the future determine it to be appropriate to amplify our voice in the political process as part of our engagement on policy issues that could have a significant impact on Dover and the markets in which we operate. We are committed to ensuring that any such participation in the political process is done with integrity and transparency as well as in compliance with the letter and spirit of applicable law.

Accordingly, we have instituted the following procedures:

  • In early 2022, we amended the Board of Directors’ Governance and Nominating Committee's Charter to include within its responsibilities the oversight and annual review of the Company's political contributions and lobbying expenses.
  • The Company will publicly disclose on this webpage the political contributions it makes to federal, state, and local political candidates, political parties, political committees, other 527 political organizations, and ballot measure initiatives, as well as the independent political expenditures it makes in direct support of or opposition to a candidate or ballot measure campaign. This information will be updated annually.