In January 2015, Enpro’s Board of Directors adopted a policy under which it intends to declare regular quarterly cash dividends on shares of Enpro’s common stock. An initial quarterly dividend of $0.20 per share was paid on March 16, 2015 to shareholders of record at the close of business on March 2, 2015. Enpro will review the dividend policy regularly and any future dividends will be at the discretion of its Board of Directors after taking into account its cash flow, earnings, financial position.