The Timken Company Investor Presentation — May 2019

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Delivering Next -Level Performance KeyBanc Capital

MAY 29, 2019 Forward -Looking Statements Safe Harbor and 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 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 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 customer demand ; the impact on the company’s pension obligations and assets due to changes in interest rates, investment

performance and other tactics designed to reduce risk; and the company’s ability to complete and achieve the benefits of announced plans,

programs, initiatives, acquisitions and capital investments . Additional factors are discussed in the company's filings with the Securities and

Exchange Commission, including the company's Annual Report on Form 10-K for the year ended Dec. 31, 2018, quarterly reports on Form 10-Q