Modine Manufacturing Company Investor Presentation — May 2021

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May 27, 2021 8:00 am CDT2

Forward -Looking Statements

This presentation contains statements, including information about future financial performance and market conditions, accomp anied by phrases such as “believes,”

“estimates,” “expects,” “plans,” “anticipates,” “intends,” and other similar “forward -looking” statements, as defined in the Pri vate Securities Litigation Reform Act of 1995.

Modine's actual results, performance or achievements may differ materially from those expressed or implied in these statement s because of certain risks and uncertainties,

including, but not limited to those described under “Risk Factors” in Item 1A of Part I of the Company's Annual Report on For m 10-K for the year ended March 31, 2020 and

under Forward -Looking Statements in Item 7 of Part II of that same report and in the Company’s Quarterly Reports on Form 10 -Q for the quarters ended June 30, 2020,

September 30, 2020, and December 31, 2020. Other risks and uncertainties include, but are not limited to, the following: the impact of the COVID -19 pandemic on the

national and global economy, our business, suppliers, customers, and employees; the overall health and price -down focus of Modin e’s customers; our ability to

successfully execute our strategic and operational plans, including our ability to successfully complete the pending sale of ourliquid -cooled automotive business, including

the receipt of governmental and third -party approvals and the risk that the sale will not close because of a failure to satisfy one or more of the closing conditions (including

governmental and third -party approvals) on a timely basis or at all, and our ability to successfully exit our other automotive b usinesses; our ability to effectively and