John Bean Technologies Investor Presentation — February 2022

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JBT Fourth Quarter and Full Year

Forward -Looking and Non -GAAP Statements

These slides and the accompanying presentation contain “forward -looking” statements,

including statements about management’s expectations regarding trends in the food and air

transportation markets, strategic initiatives, acquisition strategies and long -term goals, which

represent management’s best judgment as of the date hereof, based on currently available

information. Actual results may differ materially from those contained in such forward -looking

JBT Corporation’s (the “Company”) most recent Annual Report on Form 10 -K and subsequent

Quarterly Reports on Form 10 -Q, filed with the Securities and Exchange Commission, include

information concerning risks and uncertainties, including the factors set forth under “Item 1A.

Risk Factors”, that may cause actual results to differ from those anticipated by these forward -

looking statements. The Company undertakes no obligation to update or revise these forward -

looking statements to reflect new events or uncertainties.

Non-GAAP financial measures are provided to enhance investors’ overall understanding of

JBT’s financial performance by eliminating effects of certain items that are not comparable

from one period to the next. In addition, this information is used by management as a basis for

evaluating performance and for the planning and forecasting of future periods. This

information is not intended to be a substitute for, nor should it be considered in isolation of,

financial measures prepared in accordance with U.S. GAAP.3

Consolidated JBT Fourth Quarter & FY 2021 Results

Note: Figures may have immaterial differences due to rounding.

(1) Non-GAAP figure. Please see appendix for reconciliation.

(2) Represents year to date free cash flow for the twelve months ended December 31, 2021. •Robust commercial environment as

evidenced by record year -end backlog

•Revenue growth driven by FoodTech,

highlighting critical need for JBT solutions

to increase customers’ throughput and

yield and automate food production

•Successfully closed three FoodTech

acquisitions in 2021, which enhanced

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