The Weir Group Investor Presentation — February 2019

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Presented by Jon Stanton and John Heasley

London 27 February 2019

2018 Full Year Results2The Weir Group PLC

An ever stronger Weir

Chief Executive Officer3The Weir Group PLC

•2018 Highlights –Jon Stanton, CEO

•2018 Financial Review –John Heasley, CFO

•Business Review –Jon Stanton, CEO

•Q&A –also with Division Presidents Ricardo Garib, Paul Coppinger and Jon Owens4The Weir Group PLC

2014 2015 2016 2017 2018TIR2

1 On a like -for-like basis –excluding ESCO.

2 Total Incident Rate (TIR) is an industry standard safety indicator that measures lost time and recordable incidents per 200,0 00 hours workedSafety: Good progress towards zero harm16The Weir Group PLC

across the GroupPortfolio

ahead of plan‘We are Weir’

growth1 2 3 7The Weir Group PLC

1Adjusted to exclude exceptional items and intangibles amortisation. 2017 restated at 2018 average exchange rates. 2.Before exceptional cash flows .Strong execution across the Group

✓Operating profit1on like -for-like basis up 13%; +22% including ESCO

Minerals orders up 14% with good OE momentum; operating margins1of 17.7%

Oil & Gas EBITA1of £96m in line with Q3 guidance

86% increase in total Group cash from operations2to £411m

✓ Flow Control sale agreed for Enterprise Value of £275m8The Weir Group PLC

STRATEGIC FIT CONFIRMED

INTEGRATION DELIVERING AHEAD OF PLAN

FUTURE OPPORTUNITIES DEVELOPED

✓Global leader in premium high abrasion applications

✓Aftermarket -focused business model; ~95% of revenues

✓Opportunity to leverage unrivalled service network

✓Great cultural alignment

✓Cost synergy run rate of $15m –strong underlying trading

✓At least $50m in revenue synergies expected

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