<html xmlns="http://www.w3.org/1999/xhtml" xmlns="http://www.w3.org/1999/xhtml">
 <head xmlns="http://www.w3.org/1999/xhtml">
 <title xmlns="http://www.w3.org/1999/xhtml"></title>
 </head>
 <body xmlns="http://www.w3.org/1999/xhtml">
 
 Gardner Denver Holdings, Inc. GDI, a leader in mission-critical 
 flow control and compression solutions for industrial, energy and 
 medical markets, marked its first day of trading on the New York Stock 
 Exchange (NYSE) on May 12 by announcing more than $100 million in 
 deferred stock unit grants to nearly 6,000 of its employees worldwide. 
 In a video message to team members around the globe, Vicente Reynal, 
 Gardner Denver CEO, and Pete Stavros, Gardner Denver Board Chairman and 
 KKR Member and Head of its Industrials Private Equity Team, announced 
 that in conjunction with the company's initial public offering, each 
 employee not already part of the company's equity program – from hourly 
 production to customer service to sales personnel – will receive a 
 significant grant of company stock (in the form of deferred stock 
 units). Reynal and Stavros told employees that their grant will be equal 
 to 40 percent of their annual base salary.
 
 
 The news came as employees around the world saw a broadcast of senior 
 executives from Gardner Denver and KKR ringing the opening bell at the 
 NYSE. KKR has owned Gardner Denver since 2013 and will continue to hold 
 a majority of the company's shares.
 
 
 "The customer focus, integrity, bias for action and teamwork of our 
 associates around the world have made our products more innovative, 
 expanded our commercial and operational reach, and generated attractive 
 financial performance, all of which makes this IPO possible. We and KKR 
 intend this grant to be a celebration of our important business 
 achievements in service of our customers over the last four years, while 
 allowing every single employee of this company to share in our value 
 creation and growth going forward," Reynal said. "The steadfast 
 commitment of our employees is what generates the momentum for Gardner 
 Denver to continue to do great things."
 
 
 Stavros added, "We are passionate about what engaged employees can do 
 and what we can achieve together when everyone is working toward a 
 common goal. As a result, we make it a priority with our Industrial 
 companies to make every employee an owner in their business. We have 
 accomplished a lot at Gardner Denver and it's exciting to think about 
 what 6,100 employee-owners all pulling in the same direction will be 
 able to achieve going forward. "
 
 
 "From the factory floors to the sales offices, labs and corporate and 
 regional headquarters around the world, this team has worked tirelessly 
 to drive progress, innovation and quality. Both Gardner Denver and KKR 
 fully believe in the power of our team – and even more, the exponential 
 power we have with positive employee engagement and working globally 
 together," Reynal concluded.
 
 
 About Gardner Denver Holdings, Inc.
 
 
 Gardner Denver is a leading global provider of mission-critical flow 
 control and compression equipment and associated aftermarket parts, 
 consumables and services, which it sells across multiple attractive 
 end-markets within the industrial, energy and medical industries. Its 
 broad and complete range of compressor, pump, vacuum and blower products 
 and services, along with its application expertise and over 155 years of 
 engineering heritage, allows Gardner Denver to provide differentiated 
 product and service offerings for its customers' specific uses. Gardner 
 Denver supports its customers through its global geographic footprint of 
 37 key manufacturing facilities, more than 30 complementary service and 
 repair centers across six continents, and approximately 6,100 employees 
 worldwide. <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.gardnerdenver.com&amp;esheet=51558184&amp;newsitemid=20170512005481&amp;lan=en-US&amp;anchor=www.gardnerdenver.com&amp;index=1&amp;md5=1f87263fef17dcba9d9fda32529c74ba" rel="nofollow" rel="nofollow">www.gardnerdenver.com</a>
 
 
 About KKR
 
 
 KKR is a leading global investment firm that manages investments across 
 multiple asset classes including private equity, energy, infrastructure, 
 real estate, credit and hedge funds. KKR aims to generate attractive 
 investment returns by following a patient and disciplined investment 
 approach, employing world‐class people, and driving growth and value 
 creation at the asset level. KKR invests its own capital alongside its 
 partners&#39; capital and brings opportunities to others through its capital 
 markets business. References to KKR&#39;s investments may include the 
 activities of its sponsored funds. For additional information about KKR 
 &amp; Co. L.P. KKR, please visit KKR&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kkr.com&amp;esheet=51558184&amp;newsitemid=20170512005481&amp;lan=en-US&amp;anchor=www.kkr.com&amp;index=2&amp;md5=0546d496aadff3a9c33808a054ab2b33" rel="nofollow" rel="nofollow">www.kkr.com</a> and 
 on Twitter <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FKKR_Co&amp;esheet=51558184&amp;newsitemid=20170512005481&amp;lan=en-US&amp;anchor=%40KKR_Co&amp;index=3&amp;md5=91ae3ff97fa2665338025a24a9afc76d" rel="nofollow" rel="nofollow">@KKR_Co</a>.
 
 
 Forward Looking Statements
 
 
 This press release includes certain disclosures which contain 
 "forward-looking statements." You can identify forward-looking 
 statements because they contain words such as "believes" and "expects." 
 Forward-looking statements are based on Gardner Denver's current 
 expectations and assumptions. Because forward-looking statements relate 
 to the future, they are subject to inherent uncertainties, risks and 
 changes in circumstances that may differ materially from those 
 contemplated by the forward-looking statements, which are neither 
 statements of historical fact nor guarantees or assurances of future 
 performance. Important factors that could cause actual results to differ 
 materially from those in the forward-looking statements are set forth in 
 our filings with the SEC, including our registration statement on Form 
 S-1, as amended from time to time, under the caption "Risk Factors."
 
 
 
 <img xmlns="http://www.w3.org/1999/xhtml" alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20170512005481r1&amp;sid=benz2&amp;distro=nx&amp;lang=en"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.businesswire.com/news/home/20170512005481/en/" rel="nofollow" rel="nofollow">http://www.businesswire.com/news/home/20170512005481/en/</a></body></html>

Press Releases

Gardner Denver Marks First Day of Trading on New York Stock Exchange by Announcing More Than $100 Million in Equity Grants to Global Workforce - KKR (NYSE:KKR)

Gardner Denver Marks First Day of Trading on New York Stock Exchange by Announcing More Than $100 Million in Equity Grants to Global Workforce


To help first-time permit applicants and homeowners navigate the residential permitting process, the City of Tampa has implemented Clariti&#39;s Camino Guide to use alongside its permit system. The city&#39;s guide, named

Tampa, FL, Simplifies Permitting Process with Camino Guide


The Greater Los Angeles African American Chamber of Commerce (GLAAACC) honors Balfour Beatty with its Public Works Contractor of the Year Award as part of its annual Economic Awards program. The GLAAACC awards program

Los Angeles&#39; African American Business Leaders Name Balfour Beatty Public Works Contractor of the Year


Factual Data®, a leading provider of credit and verification services to the lending industry, today announced Reno D&#39;Water has been named president. In his new role, Mr. D&#39;Water will lead the strategic direction

Factual Data Announces Reno D&#39;Water as President


Winston &amp; Strawn LLP announced today that Marlene J. Williams has joined the firm as its new Global Lead, Trademarks and of counsel. Marlene brings decades of experience advising clients on a broad array of

Winston &amp; Strawn Strengthens IP Practice with Addition of Marlene J. Williams in San Francisco


Ever.green today released a whitepaper detailing a new approach to procuring Renewable Energy Certificates (RECs) that significantly enhances their impact on the energy transition. Titled &#34;High-Impact RECs: Applying

Ever.green Brings Additionality to the Energy Sector via High-Impact REC Contracts

NXST


Network to Air 11 Oregon State and Washington State Home Games


Coverage Kicks Off on Saturday, August 31 with a Doubleheader featuring Portland State at Washington State and Idaho State at Oregon State


Pac-12