DALLAS, March 16 — Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that its Board of Directors has elected Brian Savoy as a member of the Board of Directors, and appointed him to the Audit Committee and Technology, Innovation and Risk Committee, effective March 16, 2026.

“We are incredibly excited to have Brian join Flowserve’s Board,” said Scott Rowe, Flowserve President and Chief Executive Officer. “His extensive leadership in the power industry, particularly with respect to nuclear, will help sharpen our focus as we continue to expand Flowserve’s position in this important growth market.”

Mr. Savoy currently serves as the Chief Financial Officer and Executive Vice President at Duke Energy, an electric power and natural gas holding company. His experience also includes serving as Duke Energy’s Chief Strategy and Commercial Officer as well as its Chief Transformation and Administrative Officer. Brian also currently serves as a board member and audit committee chair for the Electric Power Research Institute, a nonprofit organization advancing safe, reliable, and sustainable energy through research and collaboration with utilities, regulators, and policymakers.

“We believe Brian’s broad experience, financial and business transformation expertise, and his deep knowledge of the power industry will further enhance Flowserve’s focus on the Flowserve Business System and accelerating growth in priority power and industrial end markets,” said John Garrison, chairman of the Flowserve Board of Directors.

Mr. Savoy earned a Bachelor of Business Administration degree in accounting from Lamar University and is a certified public accountant.

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