CIRCOR International Announces Availability of Historical Segment Information Reflecting Previously Announced Organizational Realignment

April 25, 2018

End Market Alignment Optimizes CompanyÔÇÖs Organizational Structure to
Drive Growth

BURLINGTON, Mass.–(BUSINESS WIRE)–CIRCOR International, Inc. (NYSE: CIR) today announced the availability
of certain historical segment information reflecting its previously
announced organizational realignment. On February 28, 2018, the Company
announced a realignment of its organizational structure from Energy,
Advanced Flow Solutions and Fluid Handling to the following reportable
business segments: Energy, Aerospace & Defense and Industrial.

  • The Energy segment includes all of the businesses from the
    existing Energy segment and the Reliability Services business from the
    recently acquired Fluid Handling business.
  • The Aerospace & Defense business includes the Aerospace &
    Defense businesses previously included in the Advanced Flow Solutions
    segment and the defense business from the recently acquired Fluid
    Handling business.
  • The Industrial business includes the Pumps businesses
    previously included in the Fluid Handling segment as well as the Power
    & Process and Industrial Solutions businesses, previously included in
    the Advanced Flow Solutions segment.

In addition, a number of smaller product lines were realigned as part of
this change to better manage and serve our customers.

CIRCOR will begin reporting the three new segments for the period
beginning January 1, 2018. All previously reported segment information
will be adjusted on a retrospective basis to reflect this change
beginning in the first quarter of 2018 reporting period.

To facilitate comparability, CIRCOR will provide this historical segment
information to reflect the three new reportable segments for each of the
prior quarterly reporting periods from the first quarter of 2016 through
the fourth quarter of 2017 in a Form 8-K to be furnished with the
Securities and Exchange Commission on April 25, 2018. In addition, the
Form 8-K includes combined information reflecting the Fluid Handling
acquisition as though it occurred on January 1, 2016. This information
can be accessed under the ÔÇ£SEC FilingsÔÇØ section in the ÔÇ£InvestorsÔÇØ
portion of CIRCORÔÇÖs website.

About CIRCOR International, Inc.
CIRCOR International, Inc.
designs, manufactures and markets differentiated technology products and
sub-systems for markets including oil & gas, industrial, aerospace &
defense and commercial marine. CIRCOR has a diversified flow and motion
control product portfolio with recognized, market-leading brands that
fulfill its customersÔÇÖ mission critical needs. The CompanyÔÇÖs strategy is
to grow organically and through complementary acquisitions; simplify
CIRCORÔÇÖs operations; achieve world class operational excellence; and
attract and retain top talent. For more information, visit the CompanyÔÇÖs
investor relations website at http://investors.circor.com.

Contacts

CIRCOR International, Inc.
Rajeev Bhalla, 781-270-1210
Executive
Vice President and Chief Financial Officer