#1TEREX® EXECUTE Q2 2023 Earnings Conference Call August 2, 2023 ● INNOVATE an GROW#2TEREX Forward Looking Statements Certain information in this presentation includes forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act") and the Private Securities Litigation Reform Act of 1995) regarding future events or our future financial performance that involve certain contingencies and uncertainties, including those discussed in our Annual Report on Form 10-K for the year ended December 31, 2022, and subsequent reports we file with the U.S. Securities and Exchange Commission from time to time, in the sections entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations Contingencies and Uncertainties." In addition, when included in this presentation, the words "may," "expects," "should," "intends," "anticipates," "believes," "plans," "projects," "estimates," "will" and the negatives thereof and analogous or similar expressions are intended to identify forward-looking statements. However, the absence of these words does not mean that the statement is not forward-looking. We have based these forward-looking statements on current expectations and projections about future events. These statements are not guarantees of future performance. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those reflected in such forward- looking statements. Such risks and uncertainties, many of which are beyond our control, include, among others: changes in the availability and price of certain materials and components, which may result in further supply chain disruptions; consolidation within our customer base and suppliers; our operations are subject to a number of potential risks that arise from operating a multinational business, including compliance with changing regulatory environments and political and economic instability; a material disruption to one of our significant facilities; our business is sensitive to government spending; our industry is highly competitive and subject to pricing pressure; our ability to successfully implement our strategy and the actual results derived from such strategy; our ability to integrate acquired businesses; our consolidated financial results are reported in U.S. dollars while certain assets and other reported items are denominated in the currencies of other countries, creating currency exchange and translation risk; our business is affected by the cyclical nature of markets we serve; our need to comply with restrictive covenants contained in our debt agreements; our ability to generate sufficient cash flow to service our debt obligations and operate our business; our ability to access the capital markets to raise funds and provide liquidity; the financial condition of customers and their continued access to capital; exposure from providing credit support for some of our customers; we may experience losses in excess of recorded reserves; our ability to attract, develop, engage and retain team members; possible work stoppages and other labor matters; increased cybersecurity threats and more sophisticated computer crime; changes in import/export regulatory regimes, imposition of tariffs, escalation of global trade conflicts and unfairly traded imports, particularly from China, could continue to negatively impact our business; compliance with environmental regulations could be costly and failure to meet environmental, social and governance ("ESG") expectations or standards or achieve our ESG goals could adversely impact our business; litigation, product liability claims and other liabilities; our compliance with the United States ("U.S.") Foreign Corrupt Practices Act and similar worldwide anti-corruption laws; increased regulatory focus on privacy and data security issues and expanding laws; our ability to comply with an injunction and related obligations imposed by the U.S. Securities and Exchange Commission ("SEC"); and other factors. Actual events or our actual future results may differ materially from any forward-looking statement due to these and other risks, uncertainties and material factors. The forward-looking statements contained herein speak only as of the date of this presentation. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained in this presentation to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Non-GAAP Measures: Terex from time to time refers to various non-GAAP (generally accepted accounting principles) financial measures in this presentation. Terex believes that this information is useful to understanding its operating results and the ongoing performance of its underlying businesses without the impact of special items. See the appendix at the end of this presentation as well as the Terex second quarter 2023 earnings release on the Investor Relations section of our website www.terex.com for a description and/or reconciliation of these measures. Total amounts in tables of this presentation may not add due to rounding. 2#3Strong Commitment to Zero Harm Culture and Terex Values SAFE THINK WORK SAFE ZERO HARM HOME SAFE TEREX WAY VALUES... Integrity Respect Improvement Servant Leadership Courage Citizenship 3.4 ● 3.82 2016 3.2 3.27 2017 Total Recordable Incident Rate (TRIR) 3.2 2.98 2018 TRIR 3.0 2.09 2019 2.6 1.52 2020 2.8 1.77 2021 1.93 2022 1.96 2023 Q2 YTD Machinery Manufacturing Average TEREX® 1.00 2024 Target SUPPORT A STRONG COMPANY CULTURE Guide team members' actions with all stakeholders, so the Company performs at the highest level Drive our unwavering focus on Zero Harm safety, strong governance, Diversity, Equity & Inclusion, responsible environmental stewardship, and support for the communities where we live and work 3#4Q2 2023: Outstanding Execution in Dynamic Operating Environment Driving Another Full-Year EPS Outlook Raise SALES $1.4B OPERATING MARGIN 15.0% 30% Note: Arrows represent year-over-year change 540 bps EPS OUTLOOK OPERATING PROFIT $210M EPS $2.35 102% 120% TERE TEREX RAISING FULL-YEAR TO ~$7.00 CA-940 Terex Utilities showcased the all-electric bucket truck at a national conference for fleet managers Ⓡ 4#5Terex Solutions Enabling Sustainable Global Growth Infrastructure $550B US Infrastructure & Jobs Act Green Energy $370B Clean Energy Spending in US Inflation Reduction Act Waste / Recycling $2.5B Tons Solid Waste Produced Annually 13.5% $5T $3T Annual Global Investment to Achieve Green Energy Goals Solid Waste Currently Recycled Annual Global Spending on Infrastructure $41B Recycling Equipment Market in 2030 FENIN LININ HIN Digital Economy $250B US CHIPS and Science Act Urbanization 55% $235B Annual Investment in Data Centers Sources: Global Data; Quanta Services; The World Bank; Business Wire; Globe Newswire; Grand View Research; World Economic Forum; Cities Today; Precedence Research; Industry ARC % of World's Population in Urban Areas 2022 to 2050 80% Global Adoption 7.0% Forecasted Global Growth in MEWPS through 2032 TEREX 13.9% Global Annual E-Commerce Growth $375B Annual Investment in Urban Infrastructure in 2030 5.4% Forecasted Mobile Crushing & Screening Growth through 2027 LO 5#6Q2 Bookings and Backlog Trends Remain Healthy $334 $360 $569 Materials Processing $279 $250 $654 Q2'17 Q2'18 Q2'19 Q2'20 Q2'21 Q2'22 Q2'23 Bookings Aerial Work Platforms $190 $451 $747 Bookings $490 $558 $501 $506 1 Q2'17 Q2'18 Q2'19 Q2'20 Q2'21 Q2'22 Q2'23 $513 Backlog remains elevated at $3.7B ● ● Backlog significantly above historical average Minimal push outs and cancellations Total company Q2 bookings remained at healthy levels Elevated customer fleet ages support continuing robust demand Low MP dealer inventory levels reinforcing backlog 936 296 640 Q2'17 1,246 481 766 Q2'18 1,163 416 747 Q2'19 Backlog Trend 788 263 525 Q2'20 MP 2,408 926 1,482 Q2'21 AWP 4,083 1,265 2,818 TEREX Q2'22 3,742 1,074 2,668 Q2'23 USD Millions 6#7Focused on Strategy Execution Operational Excellence ● ● ● ● Purposeful Innovation Genie received IAPA award for implementing sustainable solutions Introduced new products and technologies at customer events Deployed new digital customer and dealer solutions ● ● Improved supply chain and operating performance Realized benefits of cost reductions and manufacturing productivity improvement Transfer into permanent Genie Mexico facility on time and on budget Production moves will impact 2H margin performance O ● Growth Investments Making organic investments while increasing pipeline for inorganic growth iapa International Awards for Powered Access 2023 People EXECUTE Operationes TEREX Expansion GROW Parts & Service QUALITY Genie Genie S-60DC LESSANDRACE GINEGITE Customer Experience TEREX Processes Genie BO INNOVATE Produc Developer Genie showcased latest products at shows in Australia and the Netherlands Ⓡ 7#8Innovation: New Products for Forestry and Waste Recycling MP continuing to expand product offering into attractive adjacent opportunities 443 Fuchs MHL420 Expands Fuchs' end markets into the forestry and vegetation maintenance Provides operator safety and comfort in difficult terrain for precise work with maximum reach CAPITAL CITY SPAVING 24 www.gy ETEREX VACRECOVER TEREX VacRecover Plant FEEELLLECTA TEREX® Developed VacRecover plant to process hydrovac waste into saleable materials Recovers ~80% of waste with 15 minute truck turnaround time 8