Trane技术 2025年度报告

FORM 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 For the fiscal year ended December31, 2025 Or TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the transition period fromto Commission File No.001-34400 A.Full title of the plan and address of the plan, if different from that of the issuer named below: TRANE TECHNOLOGIES RETIREMENT SAVINGS PLAN FORPARTICIPATING AFFILIATES IN PUERTO RICO(Full title of the plan) B.Name of the issuer of the securities held pursuant to the plan and the address of its principal executive office: TRANE TECHNOLOGIES PLC170/175 Lakeview DriveAirside Business ParkSwords, Co. DublinIreland Trane Technologies Retirement Savings Plan for Participating Affiliates in Puerto RicoIndexDecember31, 2025 and 2024 Financial Statements Statements of Changes in Net Assets Available for Benefits for the years ended December 31, 2025 and 20244 Supplemental Schedule Note:Other schedules required by Section2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting andDisclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are notapplicable. Forvis Mazars, LLP4350 Congress Street, Suite 900Charlotte, NC 28209P 704.367.7020 l F 704.367.7760forvismazars.com Report of Independent Registered Public Accounting Firm The Participants and AdministratorTrane Technologies Retirement Savings Plan for Participating Affiliates in Puerto RicoDavidson, North Carolina Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of Trane Technologies RetirementSavings Plan for Participating Affiliates in Puerto Rico (the “Plan”) as of December 31, 2025 and 2024, the relatedstatements of changes in net assets available for benefits for the years then ended, and the related notes (collectivelyreferred to as the financial statements). In our opinion, the financial statements referred to above present fairly, in allmaterial respects, the net assets available for benefits of the Plan as of December 31, 2025 and 2024, and the changes innet assets available for benefits for the years then ended in conformity with accounting principles generally accepted inthe United States of America. Basis of Opinion These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion onthese financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB)and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and theapplicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan andperformthe audits to obtain reasonable assurance about whether the financial statements are free of materialmisstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an auditof its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internalcontrol over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internalcontrol over financial reporting. Accordingly, we express no such opinion. Our audits included performing procedures to assess the risks of material misstatement of the financial statements,whether due to error or fraud, and performing procedures that respond to those risks. Such procedures includedexamining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits alsoincluded evaluating the accounting principles used and significant estimates made by management, as well as evaluatingthe overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion. Report on Supplemental Information The supplemental information in the accompanying Schedule of Assets (Held at End of Year) as of December 31, 2025has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. Thesupplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determiningwhether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records,as applicable, and performing procedures to test the completeness and accuracy of the information presented in thesupplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplementalschedule, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulationsfor Reporting and Disclosure under theEmployee Retirement Income