Hayward Holdings Inc.

12/21/2023 | Press release | Distributed by Public on 12/21/2023 09:04

Hayward’s North Carolina Facilities Awarded Highly Protected Risk (HPR) Status

Clemmons and Mocksville facilities recognized for meeting highest property protection industry standards

CHARLOTTE, N.C. - December 21, 2023 - Hayward Holdings, Inc. (NYSE: HAYW) ("Hayward" or the "Company"), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, announced today that its operations facilities in Clemmons and Mocksville, N.C., were awarded Highly Protected Risk (HPR) status by Factory Mutual Insurance Company ("FM Global"), a leading commercial property insurer of the world's largest businesses. Recognized for meeting the highest property protection industry standards, Hayward was presented the awards during ceremonies in Clemmons and Mocksville.

"At Hayward, we prioritize the safety of our employees. As a critical part of this focus, our facilities teams are working diligently in their implementation of physical risk management and enterprise risk management practices to achieve the highest facility protection standards," said Eifion Jones, Senior Vice President, Chief Financial Officer at Hayward. "We pride ourselves in creating a safe operating environment, and the attainment of HPR status affirms our success in the implementation of programs to protect our employees, property, equipment and facility contents all while increasing our business resilience and value to the shareholder."

A facility recognized with HPR status has implemented all reasonable loss prevention measures to protect buildings, equipment and contents from losses, including those caused by natural hazards. This includes having critical human element programs established, sprinkler protection, proactive change management plans, and no FM Global recommendations with large loss expectancies.

Hayward's Clemmons facility reached HPR status by reducing hazards, shielding areas from sprinklers, and implementing well documented and managed human element procedures. The Company's Mocksville distribution center reached status after building out its fire protection and storage arrangements.

Hayward's facilities in Phoenix, Ariz., Oakville, Ontario, and Wuxi, China also hold HPR status.

About Hayward Holdings, Inc.

Hayward Holdings, Inc. (NYSE: HAYW) is a leading global designer and manufacturer of pool and outdoor living technology. With a mission to deliver exceptional products, outstanding service and innovative solutions to transform the experience of water, Hayward offers a full line of energy-efficient and sustainable residential and commercial pool equipment including pumps, filters, heaters, cleaners, sanitizers, LED lighting, and water features all digitally connected through Hayward's intuitive IoT-enabled SmartPad™.

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Tanya McNabb
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Investor Relations:
Kevin Maczka
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Source: Hayward Holdings, Inc.