A.O.史密斯 AOS

Mr. Shafer became president and chief executive officer of our company on July 1, 2025. Mr. Shafer previously served as president and chief operating officer of our company from 2024 to 2025. Prior to joining the company, Mr. Shafer was president of the Automotive and Aerospace Solutions Division for 3M Company from 2020 to 2024. 3M Company is a manufacturer of building materials, adhesives, medical and home cleaning supplies. He held several positions with increasing levels of responsibility in multiple 3M business units. In 2019 he served as senior vice president and chief strategy officer of 3M Company. From 2016 to 2018, he served as president of Greater China Area and managing director of 3M China. Stephen M. Shafer will assume the role of Chairman of the Company. Mr. Shafer currently serves and will continue to serve as the Company's President and Chief Executive Officer and as a director. Mr. Shafer joined the Company as President and Chief Operating Officer in March of 2024. He was named President and Chief Executive Officer on July 1, 2025, and was elected a director of the Company on that same day.

Mr. James F. Stern, Executive Vice President, General Counsel and Secretary 2007 to Present; Partner - Foley & Lardner LLP 1997 to 2007. On August 28, 2025, A. O. Smith Corporation disclosed that James F. Stern, who is currently Executive Vice President, General Counsel and Secretary of the Company, will transition to the role of Executive Vice President, Corporate Development, Strategy and Secretary, effective October 1, 2025.

Mr. Ming Cheng, Senior Vice President - Chief Technology Officer (2025 to Present). Senior Vice President of Research and Development, Transportation & Electronics Business Group - 3M Company (manufacturer of building materials, adhesives, medical and home cleaning supplies) (2019 to 2025).

Mr. Christopher T. Howe, Senior Vice President, Chief Digital Information Officer (2025 to Present). Chief Executive Officer - Rise and Shift (consulting firm focused on cloud transformation, digital product development, and AI/ML solutions) (2023 to 2025). Senior Vice President - Business Transformation - 3M Company (manufacturer of building materials, adhesives, medical and home cleaning supplies) (2018 to 2023). Vice President of Global IT Applications - 3M Company (2015 to 2018).

Since 2013, Mr. Larsen has served as senior vice president and chief financial officer of Illinois Tool Works, Inc., a publicly traded, global, multi-industrial manufacturing leader. He previously served as president and chief executive officer of Gardner Denver, Inc. from 2012 to 2013, and its vice president and chief financial officer from 2010 to 2013. Prior to that, Mr. Larsen was chief financial officer at General Electric (GE) Water and Process Technologies from 2009 to 2010 and held a number of global finance leadership roles of increasing responsibility at GE from 1995 to 2009. Mr. Larsen was a director of Gardner Denver, Inc. from 2012 until its acquisition by KKR & Co. Inc. in 2013.

Mr. Smith served as a product business manager for Strattec Security Corporation from 1997 until his retirement in 2019. Strattec Security Corporation designs, develops, manufactures and markets automotive access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches and related access control products for major automotive manufacturers. In 2019, Mr. Smith was appointed one of three trustees of the Smith Family Voting Trust, which holds a controlling position in the stock of our company. Mr. Smith is also a first cousin of Robert L. Smith and Bruce M. Smith, who are trustees of the Smith Family Voting Trust.

Mr. Fister became chief financial officer of Owens Corning, a global manufacturer of building and composite material systems, in September 2023. Since joining Owens Corning in 2014, Mr. Fister has held several executive-level positions, including president of Owens Corning's insulation segment from 2019 to 2023; vice president of global insulation and strategy, and managing director of Foamglas and European insulation. He also serves as a member of Owens Corning's Executive Committee. Prior to joining Owens Corning, Mr. Fister spent seven years at MeadWestvaco in roles of increasing responsibility.

Since 2017, Ms. Martin has been the chief financial officer of Mortenson Companies, Inc., an $11 billion privately held conglomerate of development, real estate, corporate private equity and construction entities spanning the renewable energy, technology, commercial and infrastructure industries. Ms. Martin has more than 30 years of financial experience. Prior to Mortenson Companies, she was executive vice president and chief financial officer at Ceridian Corporation from 2012 to 2017; chief financial officer at Capella University from 2004 to 20011; executive vice president and chief financial officer at World Data Products from 2002 to 2004; and held various leadership and executive positions, including senior vice president and chief financial officer at Deluxe Corporation from 1993 to 2001. Ms. Martin has been a director of Donnelley Financial Solutions, Inc. since 2016 and serves as chair of its Audit Committee. She previously served as a director of Raven Industries, Inc. from 2018 to 2021, ADC Telecommunications from 2004 to 2010 and MTS Systems from 2006 to 2010. Ms. Martin began her career in public accounting as an auditor at PricewaterhouseCoopers LLP.

Mr. Mapes served as executive chairman of Lincoln Electric Holdings, Inc., a global manufacturer of welding and joining technologies including automation, from January 2024 until his retirement on December 31, 2024. Previously, Mr. Mapes served as chairman, president and chief executive officer from December 2013 to December 2023 and had been president and chief executive officer from December 2012 to December 2013, after serving as chief operating officer beginning in 2011. From 2004 to 2011, Mr. Mapes served as executive vice president of A. O. Smith Corporation and president of A. O. Smith Electrical Products Company until the divestiture of this division in 2011. Mr. Mapes serves as a director of The Timken Company, where he is a member of the Audit and Nominating and Governance Committees, Nordson Corporation, where he is a member of the Audit Committee and RPM International Inc., where he is a member of the Compensation Committee..

On May 19, 2026, A. O. Smith Corporation selected Carrie Anderson as its Executive Vice President and Chief Financial Officer effective July 1, 2026. Ms. Anderson, age 57, brings extensive experience to the Company across global industrial, manufacturing and technology companies. She most recently served as executive vice president and chief financial officer of The Campbell's Company, a packaged food and beverage company, from January 2023 to October 2025. Prior to Campbell's, Ms. Anderson served as executive vice president and chief financial officer at Integra LifeSciences, a leading global medical technology company, from June 2019 to January 2023. She previously held senior finance leadership roles at Dover Corporation and Delphi Corporation. Anderson began her career as an engineer with General Motors.

Jack Qiu, Senior Vice President - A. O. Smith China, 2020 to Present; Vice President - A. O. Smith China, 2012 to 2020; General Manager of Residential Gas SBU - A. O. Smith China, 2008 to 2012; Deputy General Manager, Engineering - A. O. Smith China, 2003 to 2008; Engineering Manager - York (Guangzhou) Air Conditioner and Refrigeration Equipment, Co., Ltd., 2000 to 2003.

Paul Jones was named vice president of corporate development and strategy in November 2023. In this role, he is responsible for developing and executing strategic initiatives that drive the company's growth, profitability and long-term success. Previously he was vice president of university relations at Marquette University where he led many of the university's external-facing functions, including marketing, communication, public affairs, and corporate and community engagement. He also served as general counsel. Prior to joining Marquette University, Paul spent 10 years as an executive officer at Harley-Davidson Inc., as vice president and chief legal officer and head of strategy, sustainability and corporate development. Before that, he was vice president and general counsel at Regal-Beloit Corp. and a partner at Foley & Lardner in Milwaukee. Paul earned a Bachelor of Science degree from the University of Wisconsin-Whitewater, a Juris Doctorate from Georgetown University and a Master of Business Administration from Northwestern University. He also earned a post-graduate degree in strategy and innovation from Oxford University. Paul J. Jones, who currently serves as the Company's Vice President of Corporate Development and Strategy, will become Senior Vice President, General Counsel and Chief Compliance Officer, effective October 1, 2025.

Mr. Parag Kulkarni, Senior Vice President, International; President - A. O. Smith India Water Products Private Limited 2022 to Present and Managing Director - A. O. Smith India Water Products Private Limited 2015 to 2022.

Mr. Darrell W. Schuh, Senior Vice President; President of Lochinvar, LLC since 2024 to Present. Vice President and General Manager - APCOM and Water Systems since 2017 to 2024.

Mr. Samuel M. Carver, Senior Vice President - Global Operations 2021 to Present; Vice President - North America Manufacturing 2011 to 2021; Various A. O. Smith Management Positions 2006 to 2011.

Mr. Stephen D. OBrien, Senior Vice President; President - Lochinvar, LLC 2022 to Present, Chief Operating Officer - Lochinvar, LLC 2021 to 2022 and Senior Vice President - Mitsubishi Electric Trane US 2015 to 2021.

Mr. Douglas Samuel Karge,Senior Vice President, 2018 to Present; President - North America Water Treatment, 2018 to Present; Vice President, Sales and Marketing - Zurn Industries (water solutions manufacturer), 2016 to 2018; Vice President & Platform Leader - Pentair Residential Filtration (water solutions manufacturer), 2012 to 2016.