ECOLAB INC. — Director's Dealing 2024

Dec 6, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2024-12-04

Reporting Person: Alfano Nicholas J. (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-12-04	Employee Stock Option (Right to Buy)	$247.495	A	7987	Acquired	2034-12-04	Common Stock (7987)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14528.427	Direct
Common Stock	3229.865	Indirect

Footnotes

F1: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2024. (The 3,229.865 UNITS are the equivalent of approximately 5,925 SHARES of the issuer's Common Stock.)

F2: The option will be exercisable, on a cumulative basis, as to one-third of the option shares (excluding any fractional portion less than one share), on each of the first and second anniversaries of the date of grant and as to the remaining shares on the third anniversary of the date of grant. The date listed in the "Date Exercisable" column is the first anniversary of the date of grant.