John Bean Technologies Investor Presentation — April 2022

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21First Quarter 2022 Earnings Presentation

22Forward -Looking and Non -GAAP Statements

These slides and theaccompanying presentation contain “forward -looking” statements, including statements

about management’s expectations regarding trends inthefood and airtransportation markets, strategic

initiatives, including Elevate 2.0,acquisition strategies, long-term goals, andfinancial framework andguidance,

which represent management’s best judgment asofthedate hereof, based oncurrently available information .

Actual results may differ materially from those contained insuch forward -looking statements .

JBT Corporation’s (the“Company”) most recent Annual Report onForm 10-Kandsubsequent Quarterly Reports

onForm 10-Q,filed with theSecurities and Exchange Commission, include information concerning risks and

uncertainties, including thefactors setforth under “Item 1A.Risk Factors”, thatmay cause actual results todiffer

from those anticipated bythese forward -looking statements .TheCompany undertakes noobligation toupdate or

revise these forward -looking statements toreflect new events oruncertainties .

Non-GAAP financial measures areprovided toenhance investors’ overall understanding ofJBT’s financial

performance byeliminating effects ofcertain items that arenotcomparable from one period tothenext.In

addition, thisinformation isused bymanagement asabasis forevaluating performance andfortheplanning and

forecasting offuture periods .This information isnotintended tobeasubstitute for,norshould itbeconsidered in

isolation of,financial measures prepared inaccordance withU.S.GAAP .23Consolidated JBT First Quarter 2022 Results

▪Healthy demand for FoodTech products &

solutions and recovery at AeroTech led to 16%

year over year order growth

▪Year over year revenue growth at both

FoodTech and AeroTech ; recurring revenue

increased for both segments

▪Omicron -related absenteeism, inflation, and

supply chain challenges impacted productivity

▪Lower tax rate of approximately 10% due to

discrete tax benefits in the U.K. andBrazil

▪Investments in digital strategy and inventory led

to free cash flow conversion of 57%; excluding

digital investment of $14 million, FCF

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