The Timken Company Investor Presentation — August 2022

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Jefferies Industrials Conference

1Advancing as a Global Industrial Leader

Forward -Looking Statements Safe Harbor and Non -GAAP

Financial Information

2Certain statements inthispresentation (including statements regarding thecompany's forecasts, beliefs, estimates andexpectations) thatarenothistorical

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

toTimken’s plans, outlook, projected costsavings, targets, projected sales, cashflows, liquidity andexpectations regarding thefuture financial performance

ofthecompany areforward -looking .

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

factors, including :thecompany's ability torespond tochanges initsendmarkets thatcould affect demand forthecompany's products orservices ;

unanticipated changes inbusiness relationships withcustomers ortheir purchases from thecompany ;changes inthefinancial health ofthecompany's

customers, which may have animpact onthecompany's revenues, earnings andimpairment charges ;logistical issues associated withportclosures or

congestion, delays orincreased 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 general

economic conditions andcapital markets ;theimpact ofinflation onemployee expenses, shipping costs, rawmaterial costs, energy andfuelprices, and

other production costs;thecompany’s ability tosatisfy itsobligations under itsdebt agreements andrenew orrefinance borrowings onfavorable terms ;

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

results intheintegration ofacquired companies, including realizing anyaccretion, synergies, andexpected cashflow generation within expected timeframes

oratall;fluctuations incustomer demand ;theimpact onthecompany’s pension obligations andassets duetochanges ininterest rates, investment

performance andother tactics designed toreduce risk;theintroduction ofnew disruptive technologies ;unplanned plant shutdowns ;theeffects of

government -imposed restrictions andcommercial requirements meant toaddress climate change ;unanticipated litigation, claims, investigations or

assessments ;theCompany’s ability tomaintain appropriate relations withunions andworks councils ;thecompany’s ability tocompete forskilled labor;