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F ir s t Quar t er 2021 E arnings R e vie w THURSDAY, APRIL 22, 2021
F ir s t Quar t er 2021
THURSDAY, APRIL 22, 2021
2This document contains forward-looking statements about Whirlpool Corporation and its consolidated subsidiaries ("Whirlpool") that speak only
as of this date. Whirlpool disclaims any obligation to update these statements. Forward-looking statements in this document may include, but
are not limited to, statements regarding future financial results, long-term value creation goals, restructuring expectations, productivity, raw
material prices and the impact of COVID-19 on our operations. Many risks, contingencies and uncertainties could cause actual results to differ
materially from Whirlpool's forward-looking statements. Among these factors are: (1) COVID-19 pandemic-related business disruptions and
economic uncertainty; (2) intense competition in the home appliance industry reflecting the impact of both new and established global
competitors, including Asian and European manufacturers, and the impact of the changing retail environment, including direct-to-consumer
sales; (3) Whirlpool's ability to maintain or increase sales to significant trade customers and the ability of these trade customers to maintain or
increase market share; (4) Whirlpool's ability to maintain its reputation and brand image; (5) the ability of Whirlpool to achieve its business
objectives and leverage its global operating platform, and accelerate the rate of innovation; (6) Whirlpool’s ability to understand consumer
preferences and successfully develop new products; (7) Whirlpool's ability to obtain and protect intellectual property rights; (8) acquisition and
investment-related risks, including risks associated with our past acquisitions, and risks associated with our increased presence in emerging
markets; (9) risks related to our international operations, including changes in foreign regulations, regulatory compliance and disruptions arising
from political, legal and economic instability; (10) information technology system failures, data security breaches, data privacy compliance,
network disruptions, and cybersecurity attacks; (11) product liability and product recall costs; (12) the ability of suppliers of critical parts,
components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (13) our ability to
attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key
materials (including steel, resins, copper and aluminum) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool's
ability to manage foreign currency fluctuations; (17) impacts from goodwill impairment and related charges; (18) triggering events or
circumstances impacting the carrying value of our long-lived assets; (19) inventory and other asset risk; (20) health care cost trends, regulatory
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