ITT Corporation Investor Presentation — February 2021

Document content

Gabelli 31stAnnual Pump, Valve

& Water Systems Symposium

Senior Vice President and Chief Financial OfficerSafe Harbor

This presentation contains “forward -looking statements” intended toqualify forthesafe harbor from liability established bythePrivate

Securities Litigation Reform Actof1995 .These forward -looking statements arenothistorical facts, butrather arebased oncurrent

expectations, estimates, assumptions andprojections about ourbusiness, future financial results andtheindustry inwhich weoperate,

and other legal, regulatory and economic developments .These forward -looking statements include, butarenotlimited to,future

strategic plans andother statements thatdescribe thecompany’s business strategy, outlook, objectives, plans, intentions orgoals, and

anydiscussion offuture events andfuture operating orfinancial performance .

Weusewords such as“anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “future,” “may,” “will,” “could,”

“should,” “potential,” “continue” andother similar expressions toidentify such forward -looking statements .Forward -looking statements

areuncertain andtosome extent unpredictable, andinvolve known andunknown risks, uncertainties andother important factors that

could cause actual results todiffer materially from those expressed orimplied in,orreasonably inferred from, such forward -looking

Where inanyforward -looking statement weexpress anexpectation orbelief astofuture results orevents, such expectation orbelief is

based oncurrent plans and expectations ofourmanagement, expressed ingood faith and believed tohave areasonable

basis .However, there canbenoassurance thattheexpectation orbelief willoccur orthatanticipated results willbeachieved or

accomplished .More information onfactors that could cause actual results orevents todiffer materially from those anticipated is

included intheRisk Factors section oftheCompany's Annual Report onForm 10-K,Quarterly Reports onForm 10-Qand other

documents filed from time totime withtheSecurities andExchange Commission .

Theforward -looking statements included inthispresentation speak only asofthedate hereof .Weundertake noobligation toupdate

anyforward -looking statements, whether asaresult ofnew information, future events orotherwise .

This presentation andthediscussion ontheaccompanying conference callcontain certain financial measures thatarenotprepared

under U.S.GAAP .These non-GAAP financial measures supplement ourGAAP disclosures andarenotmeant tobeconsidered in

isolation orasasubstitute forthemost directly comparable measures thatareprepared inaccordance with GAAP .These measures