The Timken Company Investor Presentation — April 2021

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Investor Presentation

1Advancing as a Global Industrial Leader

Neil Frohnapple –Director, Investor Relations

Q&ARich Kyle –President and Chief Executive Officer

Phil Fracassa –Executive Vice President and Chief Financial Officer

Question and Answer SessionForward -Looking Statements Safe Harbor and Non -GAAP

Financial Information

Certain statements inthispresentation (including statements regarding thecompany's forecasts, beliefs, estimates andexpectations) thatarenothistorical in

nature are"forward -looking" statements within themeaning ofthePrivate Securities Litigation Reform Actof1995.Inparticular, thestatements related to

Timken’s plans, outlook, future financial performance, targets, projected sales, cash flows, liquidity, costreduction measures andexpectations regarding the

future financial performance ofthecompany, including theinformation under theheadings, “Organic Growth Outlook –FY2021 byMarket/Sector”, “2021

Outlook”, “KeyTakeaways”, “1Q2021 Financial Comparison –NetIncome &Diluted EPS” and“Cash Flow, Leverage &Capital Allocation” areforward -looking .

TheCompany cautions thatactual results maydiffer materially from those projected orimplied inforward -looking statements duetoavariety ofimportant

factors, including :thefinalization ofthecompany's financial statements forthefirstquarter ;thecompany's ability torespond tochanges initsendmarkets

thatcould affect demand forthecompany's products orservices ;unanticipated changes inbusiness relationships withcustomers ortheir purchases from the

company ;changes inthefinancial health ofthecompany's customers, which may have animpact onthecompany's revenues, earnings andimpairment

charges ;fluctuations inmaterial andenergy costs;theimpact ofchanges tothecompany’s accounting methods ;political risks associated withgovernment

instability ;recent world events thathave increased theriskposed byinternational trade disputes, tariffs andsanctions ;weakness inglobal orregional

economic conditions andcapital markets ;thecompany’s ability tosatisfy itsobligations under itsdebt agreements andrenew orrefinance borrowings on

favorable terms ;fluctuations incurrency valuations ;changes intheexpected costs associated withproduct warranty claims ;theability toachieve satisfactory

operating results intheintegration ofacquired companies, including realizing anyaccretion within expected timeframes oratall;theimpact onoperations of

general economic conditions ;fluctuations incustomer demand ;theimpact onthecompany’s pension obligations andassets duetochanges ininterest rates,

investment performance andother tactics designed toreduce risk;theintroduction ofnewdisruptive technologies ;unplanned plant shutdowns ;theeffects of