John Bean Technologies Investor Presentation — July 2024

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J u l y 3 0 , 2 0 2 42Forward -Looking and Non -GAAP Statements

This presentation contains forward -looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forwar d-looking statements are information of a non -historical nature and

are subject to risks and uncertainties that are beyond JBT’s ability to control. These forward -looking statements include, among others, statements relating to our business and our results of

operations, a potential transaction with Marel , our strategic plans, our restructuring plans and expected cost savings from those plans, and our liquidity. The factors tha t could cause our actual

results to differ materially from expectations include, but are not limited to, the following factors: the occurrence of any event, change or other circumstances that could give rise to the termination or

abandonment of the Offer; the expected timing and likelihood of completion of the proposed transaction with Marel , including the timing, receipt and terms and conditions of any required

governmental and regulatory approvals for the Offer that could reduce anticipated benefits or cause the parties to abandon th e transaction; the possibility that our stockholders may not approve the

issuance of new shares of common stock in the Offer; the risk that Marel and/or JBT may not be able to satisfy the conditions to the Offer in a timely manner or at all; the risk that the Offer and i ts

announcement could have an adverse effect on the ability of JBT and Marel to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers, and

on their operating results and businesses generally; the risk that problems may arise in successfully integrating the busines sesof Marel and JBT, which may result in the combined company not

operating as effectively and efficiently as expected; the risk that the combined company may be unable to achieve cost -cutting s ynergies or that it may take longer than expected to achieve those

synergies; fluctuations in our financial results; unanticipated delays or accelerations in our sales cycles; deterioration of economic conditions, including impacts from supply chain delays and

reduced material or component availability; inflationary pressures, including increases in energy, raw material, freight and labor costs; disruptions in the political, regulatory, economic and social

conditions of the countries in which we conduct business; changes to trade regulation, quotas, duties or tariffs; fluctuation s in currency exchange rates; changes in food consumption patterns;

impacts of pandemic illnesses, food borne illnesses and diseases to various agricultural products; weather conditions and nat ural disasters; the impact of climate change and environmental