The Timken Company Investor Presentation — May 2021

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Oppenheimer Industrial Growth

1Advancing as a Global Industrial Leader

Forward -Looking Statements Safe Harbor and Non -GAAP

Financial Information

2Certain statements inthispresentation (including statements regarding thecompany's forecasts, beliefs, estimates andexpectations) thatarenothistorical

innature are"forward -looking" statements within themeaning ofthePrivate Securities Litigation Reform Actof1995.Inparticular, thestatements related

toTimken’s plans, outlook, projected costsavings, targets, projected sales, cashflows, liquidity andexpectations regarding thefuture financial performance

ofthecompany areforward -looking .

TheCompany cautions thatactual results maydiffer materially from those projected orimplied inforward -looking statements duetoavariety ofimportant

factors, including :thecompany's ability torespond tochanges initsendmarkets thatcould affect demand forthecompany's products orservices ;

unanticipated changes inbusiness relationships withcustomers ortheir purchases from thecompany ;changes inthefinancial health ofthecompany's

customers, which mayhave animpact onthecompany's revenues, earnings andimpairment charges ;fluctuations inmaterial andenergy costs;theimpact

ofchanges tothecompany’s accounting methods ;political risks associated withgovernment instability ;recent world events thathave increased therisk

posed byinternational trade disputes, tariffs andsanctions ;weakness inglobal orregional economic conditions andcapital markets ;thecompany’s ability

tosatisfy itsobligations under itsdebt agreements andrenew orrefinance borrowings onfavorable terms ;fluctuations incurrency valuations ;changes in

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

including realizing anyaccretion within expected timeframes oratall;theimpact onoperations ofgeneral economic conditions ;fluctuations incustomer

demand ;theimpact onthecompany’s pension obligations andassets duetochanges ininterest rates, investment performance andother tactics designed

toreduce risk;theintroduction ofnewdisruptive technologies ;unplanned plant shutdowns ;theeffects ofgovernment -imposed restrictions meant to

address climate change ;unanticipated litigation, claims, investigations orassessments ;theCompany’s ability tomaintain appropriate relations withunions

andworks councils ;negative impacts tothecompany’s business, results ofoperations, financial position orliquidity asaresult ofCOVID -19orother

epidemics andassociated governmental measures such asrestrictions ontravel andmanufacturing operations ;andthecompany’s ability tocomplete and