The Timken Company Investor Presentation — February 2019

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Delivering Next -Level Performance 4Q 2018 Earnings

Investor Presentation

FEBRUARY 7, 2019 Introduction

-Jason Hershiser – Manager, Investor Relations

Overview and Business Update

-Rich Kyle – President & CEO

-Phil Fracassa – Executive Vice President & CFO

2 Forward -Looking Statements Safe Harbor & Non -GAAP

Financial Information

Certain statements in this presentation (including statements regarding the company's forecasts, beliefs, estimates and expectations) that are not historical

in nature are "forward -looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, the statements related

to Timken’s plans, outlook, future financial performance, targets, projected sales, cash flows, liquidity and expectations regarding the future financial

performance of the company, including the information under the headings, “Acquisitions Delivering Value”, “2019 Revenue Growth Outlook (Organic)”,

“Proven Strategy to Drive Next-Level Performance ”, “2019 Outlook”, “Key Takeaways”, “4Q 2018 Financial Comparison – Net Income & Diluted EPS”, “Full

Year 2019 Outlook ”, “Cash Flow, Balance Sheet & Capital Allocation”, “Tariffs and Estimated Impact on Timken” and “Exceeding Targets …With Room to Go”

are forward -looking .

The Company cautions that actual results may differ materially from those projected or implied in forward -looking statements due to a variety of important

factors, including : the finalization of the company's financial statements for the fourth quarter and full-year of 2018; the company's ability to respond to

changes in its end markets that could affect demand for the company's products ; unanticipated changes in business relationships with customers or their

purchases from the company ; changes in the financial health of the company's customers, which may have an impact on the company's revenues, earnings

and impairment charges ; fluctuations in material and energy costs; the impact of changes to the company’s accounting methods ; recent world events that

have increased the risk posed by international trade disputes, tariffs and sanctions ; weakness in global or regional economic conditions and capital markets ;

the company’s ability to satisfy its obligations under its debt agreements and renew or refinance borrowings on favorable terms ; fluctuations in currency

valuations ; changes in the expected costs associated with product warranty claims ; the ability to achieve satisfactory operating results in the integration of