The Timken Company Investor Presentation — February 2020

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Citi 2020 Global Industrials

Advancing 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, future financial performance, targets, projected sales, cash flows, 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 tothechanges initsendmarkets thatcould affect demand forthecompany's products ;unanticipated

changes inbusiness relationships withcustomers ortheir purchases from thecompany ;changes inthefinancial health ofthecompany's customers, which

mayhave animpact onthecompany's revenues, earnings andimpairment charges ;fluctuations inmaterial andenergy costs;theimpact ofchanges tothe

company’s accounting methods ;weakness inglobal orregional economic conditions andcapital markets ;fluctuations incurrency valuations ;changes inthe

expected costs associated with product warranty claims ;theability toachieve satisfactory operating results intheintegration ofacquired companies,

including realizing anyaccretion within expected timeframes oratall;theimpact onoperations ofgeneral economic conditions ;fluctuations incustomer

demand ;theimpact onthecompany’s pension obligations duetochanges ininterest rates, investment performance andother tactics designed toreduce

risk;thecompany’s ability tocomplete andachieve thebenefits ofannounced plans, programs, initiatives, andcapital investments ;political risks associated

with governmental instability andrecent world events thathave increased theriskposed byinternational trade disputes, tariffs, andsanctions ;the

introduction ofnewdisruptive technologies ;unplanned plant shutdowns ;thecompany’s ability tomaintain appropriate relations withunions andworks

councils ;andthecompany’s ability tosatisfy itsobligations under itsdebt agreements andrenew orrefinance borrowings onfavorable terms .Additional

factors arediscussed inthecompany's filings withtheSecurities andExchange Commission, including thecompany's Annual Report onForm 10-Kforthe

yearended Dec.31,2018,quarterly reports onForm 10-Qandcurrent reports onForm 8-K.Except asrequired bythefederal securities laws, thecompany