The Timken Company Investor Presentation — February 2022

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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, “Growth Outlook –FY2022 ByMarket/Sector, “2022 Outlook”,

“Business Spotlight –Automatic Lubrication Systems”, “Looking Ahead to2022”,“4QandFY-21Financial 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 forthefourth quarter andfullyear of2021;thecompany's ability torespond to

changes initsendmarkets thatcould affect demand forthecompany's products orservices ;unanticipated changes inbusiness relationships withcustomers or

their purchases from thecompany ;changes inthefinancial health ofthecompany's customers, which may have animpact onthecompany's revenues,

earnings andimpairment charges ;fluctuations inmaterial andenergy costs;logistical issues associated withportclosures orcongestion, delays orincreased

costs;theimpact ofchanges tothecompany’s accounting methods ;political risks associated with government instability ;recent world events thathave

increased theriskposed byinternational trade disputes, tariffs andsanctions ;weakness inglobal orregional economic conditions andcapital markets ;the

impact ofinflation onemployee expenses, shipping costs, rawmaterial costs, energy andfuelprices, andother production costs;thecompany’s ability to

satisfy itsobligations under itsdebt agreements andrenew orrefinance borrowings onfavorable terms ;fluctuations incurrency valuations ;changes inthe

expected costs associated withproduct warranty claims ;theability toachieve satisfactory operating results intheintegration ofacquired companies, including