Financial News

Ecolab Announces Announces Extension of Exchange Offer for 2.750% Notes Due 2055

Ecolab Inc. (“Ecolab”) (NYSE:ECL) today announced that it is extending to 11:59 p.m., New York City time, on December 9, 2021, its offer to exchange up to $684,751,000 in aggregate principal amount of its 2.750% Notes due 2055 (the “Exchange Notes”), which have been registered under the Securities Act of 1933 (the “Act”), for an equal aggregate principal amount of its unregistered outstanding 2.750% Notes due 2055 (the “Original Notes”) in order to allow holders to tender in the exchange offer. Except for the extension of the expiration date, all of the terms of the exchange offer remain as set forth in Ecolab’s prospectus dated November 8, 2021.

The Original Notes were issued on August 18, 2021 in a transaction exempt from registration under the Act. The terms of the Exchange Notes are substantially identical to the terms of the Original Notes, except that the Exchange Notes have been registered under the Act, are not subject to restrictions on transfer, and do not entitle their holders to registration rights or special interest. As of 11:59 p.m., New York City time, on December 7, 2021, which was the original expiration date of the exchange offer, $679,257,000 in principal amount of the outstanding Original Notes, representing 99.20% of the outstanding principal amount of the Original Notes, had been validly tendered in exchange for an equal aggregate principal amount of the Exchange Notes.

This news release is for informational purposes only and is not an offer to purchase any Original Notes or sell any Exchange Notes, or a solicitation of an offer to sell any Original Notes or purchase any Exchange Notes. The exchange offer was made only pursuant to a prospectus filed with the Securities and Exchange Commission (the “SEC”) as part of Ecolab’s Registration Statement on Form S-4 (File No. 333-260580). The Registration Statement was declared effective by the SEC on November 8, 2021.

(ECL-C)

Contacts

Michael J. Monahan (651) 250-2809

Andrew C. Hedberg (651) 250-2185

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