John Bean Technologies Investor Presentation — July 2022

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21Second Quarter 2022 Earnings Presentation

22Forward -Looking and Non -GAAP Statements

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

management’s expectations regarding trends inthefood andairtransportation markets, strategic initiatives, including Elevate

2.0,acquisition strategies, long-term goals, and financial framework and guidance, which represent management’s best

judgment asofthedate hereof, based oncurrently available information .Actual results may differ materially from those

contained insuch forward -looking statements .

JBTCorporation’s (the“Company”) most recent Annual Report onForm 10-Kandsubsequent Quarterly Reports onForm 10-Q,

filed withtheSecurities andExchange Commission, include information concerning risks anduncertainties, including thefactors

setforth under “Item 1A.Risk Factors”, thatmay cause actual results todiffer from those anticipated bythese forward -looking

statements .TheCompany undertakes noobligation toupdate orrevise these forward -looking statements toreflect new events

Non-GAAP financial measures areprovided toenhance investors’ overall understanding ofourfinancial performance by

eliminating effects ofcertain items thatarenotcomparable from oneperiod tothenext.Inaddition, thisinformation isused by

management asabasis forevaluating performance andfortheplanning andforecasting offuture periods .The adjustments

generally fallwithin thefollowing categories :restructuring costs, M&A related costs, LIFO expense orbenefit, pension -related

costs, constant currency adjustments and other major items affecting comparability ofourongoing operating results .This

information isnotintended tobeasubstitute for,norshould itbeconsidered inisolation of,financial measures prepared in

accordance with U.S.GAAP .The non-GAAP financial measures presented may differ from similarly -titled measures used by

other companies .The non-GAAP financial measures arenotintended tobeused asasubstitute for,norshould they be

considered inisolation of,financial measures prepared inaccordance withU.S.GAAP .23

▪New product development

▪End market penetration

▪Cross -selling opportunities

▪Continued penetration into attractive geographies

DigitaI Transformation

▪Roll out digital offering

▪Enable growth in aftermarket, new equipment, and new

recurring revenue streams

▪Direct material savings

▪Relentless continuous improvement

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