Trimble Investor Presentation — December 2019

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Trimble Fourth Quarter and Full Year 2019

Results Summary2Certain statements made inthis presentation and any subsequent Q&A period are forward -looking statements, within the meaning ofSection 21Eofthe

Securities Exchange Act of1934 ,asamended, and are made pursuant tothe safe harbor provisions ofthe Securities Litigation Reform Act of1995 .These

statements include expectations for future financial market and economic conditions, whether the positive trend infinancial results will continue through

2020 ,the impact ofacquisitions, the ability toachieve long -term business model targets, including with respect toorganic growth, software growth and

target net working capital and capital expenditures, expectations for future R&D spend, the ability todeliver revenue, earnings per share and other financial

projections that Trimble has guided for the first quarter of2020 and beyond, including the expected tax rate, anticipated impact ofstock -based compensation

expense, amortization ofintangibles related toprevious acquisitions, anticipated acquisition costs, restructuring charges, the anticipated number ofdiluted

shares outstanding, and our long -term growth targets and operating margins .These forward -looking statements are subject tochange, and actual results may

materially differ due tocertain risks and uncertainties .Trimble's expected tax rate and current expected income are based onthe Company's tax structure

under current law, including where the Company's assets are deemed toreside for tax purposes, evolving interpretations ofUSand other applicable tax laws,

changes inthe estimates ofcredits, benefits and deductions, the resolution ofissues byvarious tax authorities, and other factors .The company's results may

be adversely affected ifthe company isunable tomarket, manufacture and ship new products, obtain new customers, oreffectively integrate new

acquisitions .The company's results would also benegatively impacted byadverse geopolitical developments, weakening inthe macro environment, foreign

exchange fluctuations, critical part supply chain shortages, and the imposition ofbarriers tointernational trade .Any failure toachieve predicted results

could negatively impact the company's revenues, cash flow from operations, and other financial results .The company's financial results will also depend ona

number ofother factors and risks detailed from time totime inreports filed with the SEC, including itsquarterly reports onForm 10-Qand itsannual report

onForm 10-K.Undue reliance should not beplaced onany forward -looking statement contained herein .These statements reflect the Company’s position asof

the date ofthis presentation .The Company expressly disclaims any undertaking torelease publicly any updates orrevisions toany statements toreflect any