The Timken Company Investor Presentation — July 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, “Organic Growth Outlook –FY2022 ByMarket/Sector”, “2022

Outlook”, “KeyTakeaways”, “Consistent, Growing andStrong Performance,” “2Q-22Financial 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 forthesecond quarter of2022;thecompany's ability torespond tochanges initsend

markets 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 and

impairment charges ;logistical issues associated withportclosures orcongestion, 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, andother production costs;thecompany’s ability tosatisfy itsobligations under itsdebtagreements andrenew or

refinance borrowings onfavorable terms ;fluctuations incurrency valuations ;changes intheexpected costs associated with product warranty claims ;the

ability toachieve satisfactory operating results intheintegration ofacquired companies, including realizing anyaccretion, synergies, andexpected cashflow