Trimble Investor Presentation — June 2021

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Trimble Second Quarter 2021 Results SummaryFinancial

▪Record Q2 revenue: $945 million, +29% overall, +27% organic

▪Record ARR: $1.35B, +11% overall, +10% organic

▪Record TTM operating cash flow: $798M, up 42%

▪Adjusted EBITDA margin: 26.4%

▪Non -GAAP EPS growth: +38%▪Outperformed expectations in the quarter

▪Strength in end markets

▪Focused on executing Connect & Scale 2025 strategy

2ARR refers to annualized recurring revenue, and is calculated by adding the portion of the contract value of all of our term licenses attributable to the current quarter to our non -GAAP recurring revenue for the

current quarter and dividing that sum by the number of days in the quarter and then multiplying that quotient by 365.

Adjusted EBITDA refers to non -GAAP operating income plus depreciation plus income from equity method investments, net.

Figures may vary due to rounding.Second quarter 2021 highlights3Trimble

Strategy▪Subscription transitions expanding addressable market in Buildings & Infrastructure and Transportation

▪Investing in digital transformation

▪Divestitures of Manhattan Software in Q2 and Iron Solutions in early Q 3

▪Launch of Trimble Ventures

People▪Ranked as Top Leadership Team, including top performing company for women and diversity, in Global Culture survey

▪Employees ranked us #7 in the top 50 companies for best engineering teams

▪Ann Fandozzi appointed to Trimble Board of Directors, effective August 16, 2021

▪Hosted employee resource network sponsored events for Pride and Asian Pacific American Heritage Month; culturally

sensitive mental health workshops and education for all employees.

▪Added new DEI recruiting partnerships with organizations such as P athforward. org, NSBE.org and Blackfacts.com

Execution▪Cross selling in construction software delivering incremental ACV growth

▪Collaboration with HORSCH to enable autonomy in agriculture

▪Transportation bookings up significantly and stable ARR

▪Availability of Quadri infrastructure BIM collaboration software for North America

▪Announced Trimble Earthworks for soil compactorsTrimble Operating System highlights4Trimble Ventures Launch

Accelerating the growth of innovative companies that are valuable to our customers and

complimentary to our partners, products and platforms

 Accelerates Trimble’s platform and technology ecosystem strategy and supports Connect and Scale

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