Whirlpool Corporation Investor Presentation — July 2020

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Second-Quarter 2020 Earnings Review

Thursday, July 23, 2020 Second-Quarter 2020 Earnings Review Whirlpool Corporation Whirlpool Corporation

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 net sales and organic net sales, earnings, regional profitability, restructuring charges, cash flow, order pipeline, and raw material prices, and the

impact of the COVID-19 pandemic on our operations and financial condition, our ability to weather COVID-19 related economic uncertainty, sustain margins and

protect liquidity, achieve net cost and raw material savings, manage working capital, capture raw material deflation opportunities, mitigate volume deleveraging,

maintain credit ratings, the adequacy of our liquidity resources and financial covenant buffers during the crisis, and our recovery timing expectations, belief that Q2

2020 represents the trough of the crisis, rebound actions and growth opportunities and ability to win in the economic recovery following the crisis. 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