Emerson to Sell Therm-O-Disc Business to One Rock Capital Partners

Emerson (NYSE: EMR) today announced an agreement to sell its Therm-O-Disc sensing and protection technologies business to an affiliate of One Rock Capital Partners, LLC (“One Rock”).

With a strong legacy dating back to 1947, Therm-O-Disc is a global leader in highly engineered sensors and hermetic feedthroughs for blue-chip customers in the HVAC, appliance, industrial, automotive, and aerospace and defense markets. The sale of Therm-O-Disc represents the next step in Emerson’s drive toward a higher growth, more diversified and cohesive portfolio.

The transaction is expected to close in the second calendar quarter of 2022 subject to regulatory approvals and other customary closing conditions. Emerson will work closely with One Rock to help ensure a smooth transition for customers and employees.

For the transaction, Emerson engaged Evercore as its financial advisor and Davis Polk & Wardwell LLP as legal counsel.

About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information, visit Emerson.com.

About One Rock

One Rock makes controlling investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire and enhance businesses in select industries. The involvement of these Operating Partners affords One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and its profitability to enhance long-term value. For more information, visit www.onerockcapital.com.

Forward-Looking and Cautionary Statements

Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include the scope, duration and ultimate impact of the COVID-19 pandemic as well as economic and currency conditions, market demand, including related to the pandemic and oil and gas price declines and volatility, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, among others, as set forth in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. The outlook contained herein represents the Company's expectation for its consolidated results.

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Investor contact: Colleen Mettler 314-553-2197 Media contact: Charlotte Boyd 952-994-8607