Company: IR
Filing Date: 2025-06-24
Form Type: 11-K
Source: 0001628280-25-032871
Chunk: 7

Company: Ingersoll Rand Inc.
Filing Date: 2025-06-24
Form: 11-K
Chunk 7
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 for discussion of fair value measurements.

Purchases and sales of securities are reflected on a trade-date basis. Dividends are recorded on the ex-dividend date. Interest income on investments is recorded as earned on the accrual basis. Net appreciation (depreciation) includes the Plan’s gains and losses on investments bought and sold as well as held during the year.

#### Valuation of Notes Receivable From Participants
Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent notes receivable are recorded as a distribution based upon the terms of the Plan Document.

#### Contributions Receivable And Credit Loss Policy
The Plan provides an allowance for credit losses on the Company contributions receivable based on historical experience, current conditions and reasonable and supportable forecasts. The Company has concluded that no allowance for expected credit losses was necessary at December 31, 2024 and 2023.

#### Note 3. Investment in Master Trust
The Plan’s investments are held in the Master Trust, which was established for the investment of assets of the Plan and other plans sponsored by the Company. At December 31, 2024 and 2023, the Master Trust included assets of the Plan and assets of the Gardner Denver, Inc. Individual Account Retirement Plan for Bargaining Unit Employees. Each participating retirement plan has a divided interest in the Master Trust. The Plan may invest in any or all of the investments in the Master Trust. Financial information relating to the investments in the Master Trust is included in the financial statements which is administered by the Trustee.

Investment income and administrative expenses relating to the Master Trust are allocated to the individual plans based upon units of participation held by each plan. Administrative and investment management expenses are paid from the Master Trust and are allocated to the Plan as a reduction of investment income.

The value of the Plan’s interest in the Master Trust is based on the beginning of year value of the Plan's specific investments in the Master Trust plus actual contributions and allocated investment income less actual distributions and allocated administrative expenses. Although the investments of the various plans are commingled in the Master Trust, the Trustee maintains separate supporting records for the purpose of tracking the individual activity of the Plan.

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The following table presents the investments and other assets and liabilities of the Master Trust and the Plan’s divided interest as of December 31, 2024 and 2023:

|                                   |     | December 31, 2024     |               |     |