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ECOLAB INC. Director's Dealing 2021

May 4, 2021

29912_dirs_2021-05-04_3f28018a-9762-458d-99ac-bb19dab0cfb3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2021-05-03

Reporting Person: Berger Larry L (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-03 Common Stock S 6460 $227.453 Disposed 25069 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 72.371 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.22 to $227.56, inclusive. The reporting person undertakes to provide to Ecolab Inc., any security holder of Ecolab Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

F2: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of April 30, 2021. Includes 0.156 UNITS acquired since the reporting person's last report. (The 72.371 UNITS are the equivalent of approximately 133 SHARES of the issuer's Common Stock.)