Whirlpool Corporation Investor Presentation — January 2020

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THURSDAY, JANUARY 28, 2020

This 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 expected financial results for 2021 and the key drivers for such results, industry expectations, supply-chain improvements, COVID-related supply chain

impacts, and progress on ESG commitments. 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 disruption 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 plans, productivity improvements, and cost-control objectives, and to leverage its global operating platform, and accelerate the

rate of innovation; (6) Whirlpool's ability to obtain and protect intellectual property rights; (7) acquisition and investment-related risks, including risks associated

with our past acquisitions, and risks associated with our increased presence in emerging markets; (8) risks related to our international operations, including

changes in foreign regulations, regulatory compliance, and disruptions arising from political, legal and economic instability; (9) information technology system

failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (10) product liability and product recall costs; (11) the

ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner;

(12) our ability to attract, develop and retain executives, and other qualified employees; (13) the impact of labor relations; (14) fluctuations in the cost of key

materials (including steel, resins, copper and aluminum) and components and the ability of Whirlpool to offset cost increases; (15) Whirlpool's ability to manage

foreign currency fluctuations; (16) impacts from goodwill impairment and related charges; (17) triggering events or circumstances impacting the carrying value of