Exhibit 5.2
November 14, 2022
Crown Holdings, Inc.
770 Township Line Road
Yardley, Pennsylvania 19067
Re: | REGISTRATION STATEMENT ON FORM S-8 |
Ladies and Gentlemen:
We have acted as counsel to Crown Holdings, Inc., a Pennsylvania corporation (the “Company”), in connection with the filing with the U.S. Securities and Exchange Commission (the “Commission”) of a Post-Effective Amendment No. 1 (the “Post-Effective Amendment”) to a registration statement on Form S-8 (the “Registration Statement”) with respect to the Prior Plan Shares (as defined below) authorized for issuance under the Company’s 2022 Stock-Based Incentive Compensation Plan (the “Plan”).
This opinion is being furnished to the Company in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act of 1933, as amended (the “Securities Act”), and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement other than as expressly stated herein with respect to the Prior Plan Shares.
On April 28, 2022, the shareholders of the Company approved the Plan. The total number of shares of the Company’s common stock, par value $5.00 per share, authorized for issuance under the Plan includes, in addition to 2,750,000 new shares (registered concurrently on a new registration statement on Form S-8): (i) 1,837,375 of the shares available for issuance but not issued or subject to outstanding awards under the Company’s 2013 Stock-Based Incentive Compensation Plan (the “Prior Plan”) as of November 14, 2022, and (ii) an aggregate of up to 670,104 shares subject to awards under the Prior Plan as of November 14, 2022 that subsequently cease to be subject to such awards, such as by expiration, cancellation or forfeiture of the awards (together, the “Prior Plan Shares”).
As the Company’s counsel, we have examined such documents and such matters of fact and law that we have deemed necessary for the purpose of rendering the opinion expressed herein. In our examination, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as original documents, and the conformity to original documents of all documents submitted to us as copies, the legal capacity of natural persons who are signatories to the documents examined by us, and the legal power and authority of all persons signing on behalf of parties to all documents. We have further assumed, without independent investigation or verification, the accuracy and completeness of all corporate records made available to us by the Company and that there has been no oral modification of, or amendment or supplement (including any express or implied waiver, however arising) to, any of the documents used by us to form the basis of our opinion expressed herein.