The Plan’s investments at fair value and the respective levels in the fair value hierarchy are as follows:


	As of December 31, 2025
	Level 1		Level 2		Level 3		Total
Donaldson Company, Inc. Common Stock Fund	$	210,973,632	$	—	$	—	$	210,973,632
Mutual funds and interest bearing cash	79,846,264		—		—		79,846,264
Participant-directed brokerage accounts	11,691,478		—		—		11,691,478
Total investments in the fair value hierarchy	$	302,511,374	$	—	$	—	302,511,374
Common/collective trust fund investments measured at NAV							625,220,177
Total investments, at fair value							$	927,731,551


	As of December 31, 2024
	Level 1		Level 2		Level 3		Total
Donaldson Company, Inc. Common Stock Fund	$	177,822,400	$	—	$	—	$	177,822,400
Mutual funds and interest bearing cash	71,246,045		—		—		71,246,045
Participant-directed brokerage accounts	11,927,355		—		—		11,927,355
Total investments in the fair value hierarchy	$	260,995,800	$	—	$	—	260,995,800
Common/collective trust fund investments measured at NAV							551,400,636
Total investments, at fair value							$	812,396,436

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

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