Pentair Announces Quarterly Cash Dividend

LONDON - February 21, 2017 - Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.345 per share on May 5, 2017 to shareholders of record at the close of business on April 21, 2017. Pentair had previously announced on December 6, 2016 the approval by its Board of Directors to pay dividends in 2017 in four quarterly installments of $0.345. 2017 marks the 41st consecutive year that Pentair has increased its dividend.

ABOUT PENTAIR PLC

Pentair plc (www.pentair.com) delivers industry-leading products, services and solutions for its customers' diverse needs in water and other fluids, thermal management and equipment protection. With 2016 revenues of $4.9 billion, Pentair employs approximately 26,000 people worldwide.

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Pentair contacts:
Jim Lucas                                                            
Vice President, Investor Relations and Strategic Planning                        
Tel: 763-656-5575                                                             
E-mail: [email protected]

Rebecca Osborn
Senior Manager, External Communications
Tel: 763-656-5580
Email: [email protected]

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