The Timken Company Investor Presentation — November 2022

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The Timken CompanyBaird Global

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, cashflows, liquidity, costreduction measures 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 an

impact onthecompany's revenues, earnings andimpairment charges ;logistical issues associated withportclosures orcongestion, delays orincreased costs;the

impact 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 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 orrefinance borrowings onfavorable terms inarising interest rateenvironment ;fluctuations incurrency valuations ;changes inthe

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

realizing anyaccretion, synergies, andexpected cashflow generation within expected timeframes oratall;fluctuations incustomer demand ;theimpact onthe

company’s pension obligations andassets duetochanges ininterest rates, investment performance andother tactics designed toreduce risk;theintroduction of

newdisruptive technologies ;unplanned plant shutdowns ;theeffects ofgovernment -imposed restrictions andcommercial requirements meant toaddress climate

change ;unanticipated litigation, claims, investigations orassessments ;theCompany’s ability tomaintain appropriate relations withunions andworks councils ;the

company’s ability tocompete forskilled labor;negative impacts tothecompany’s operations orfinancial position asaresult ofCOVID -19orother epidemics and