The Timken Company Investor Presentation — July 2018

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Delivering Next -Level Performance 2Q 2018 Earnings

Investor Presentation

JULY 31, 2018 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 expec tations) that are not historical

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

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

performance of the company, including the information under the headings , “2018 Market Outlook and Drivers”, “2018 Outlook Update”, “Tariffs and

Estimated 2018 Impact on Timken”, “ Introduction to Cone Drive”, “Introduction to Rollon”, “2Q 2018 Financial Comparison – Net Income & Diluted EPS ”,

“Full Year 2018 Outlook ”, “Cash Flow, Balance Sheet & Capital Allocation”, “Exceeding Targets…With Room to Go” and “Continuing to Advance Our Strategy ”

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 second quarter 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 custome rs 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; fluctuations in

currency valuations; changes in the expected costs associated with product warranty claims; the ability to achieve satisfacto ry operating results in the

integration of acquired companies, including realizing any accretion within expected timeframes or at all; the impact on oper ations of general economic

conditions; fluctuations in customer demand; the impact on the company’s pension obligations and assets due to changes in interest rates, investment