The Timken Company Investor Presentation — May 2019

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Investor Presentation

Delivering Next -Level Performance 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, “Introduction to Diamond Chain”, “Proven Strategy to Drive Next-Level

Performance”, “2019 Revenue Growth Outlook (Organic)”, “2019 Outlook Update”, “1Q 2019 Financial Comparison – Net Income & Diluted EPS”, “Full Year

2019 Outlook ” and “Cash Flow, Leverage & Capital Allocation” 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 first quarter of 2019; 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 acquired

companies, including realizing any accretion within expected timeframes or at all; the impact on operations of general economic conditions ; fluctuations in