#1Gates INVESTOR DAY 11 CHERCHIER Ⓡ EX1227 HAL MARCH 8, 2022#2Gates Ⓡ LEGAL DISCLAIMERS 2 FORWARD-LOOKING STATEMENTS This presentation contains, and management may make at our event today, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends,“ “trends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. These statements include, but are not limited to, statements related to expectations regarding the performance of the Company's business and financial results (including organic and inorganic growth and margin improvement), expectations regarding margin headwinds (including inflation, supply chain, logistical and labor challenges, and operational inefficiencies) and the success of related pricing actions, the robust demand environment (including strong order intake trends and pipeline of opportunities), liquidity and capital resources including deleveraging and our capital allocation flexibility, M&A as a growth accelerator, productivity and product innovation and initiatives, portfolio optimization including the continuing shift towards higher-growth markets and anticipated content uplift, secular trends and expected market opportunities, and statements regarding the impact of and the recovery from the COVID-19 pandemic, and the Company's mid-term targets and outlook for 2022. Such forward-looking statements are subject to various risks and uncertainties, including, among others, the volatility and uncertainties relating to the impact of geopolitical events including war, the COVID-19 pandemic and associated governmental measures on the Company's business, operations, employees, financial condition and results of operations, risks inherent to the manufacturing industry, macroeconomic factors beyond the Company's control (including material and logistics availability, inflation, supply chain and labor challenges, and end-market recovery), continued operation of our manufacturing facilities, our ability to forecast and meet demand, market acceptance new products, and the significant influence of the Company's majority shareholders, investment funds ffiliated with Blackstone Inc. Additional factors that cause the Company's results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended January 1, 2022, filed with the Securities and Exchange Commission ("SEC"), as such factors may be further updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to update or supplement any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. MARKET AND INDUSTRY DATA This presentation includes market and industry data and forecasts that we have derived from independent consultant reports, publicly available information, various industry publications, other published industry sources as well as our internal data and estimates. Although we believe that the third-party sources we referred to are reliable, we do not guarantee the accuracy or completeness of this information and we have not independently verified such information. In addition, some market, ranking and industry data are also based on our good faith estimates, which are derived from management's knowledge of our industry as well as third party sources. NON-GAAP FINANCIAL INFORMATION This presentation includes certain non-GAAP financial measures, which management believes are useful to investors. Non-GAAP financial measures should be considered only as supplemental to, and not as superior to, financial measures prepared in accordance with GAAP. Please refer to the Appendix of this presentation and our earnings release filed with the SEC and posted on our website at investors.gates.com for a reconciliation of historical non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with GAAP. Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, we have not provided reconciliations for forward-looking non-GAAP measures. For the same reasons, we are unable to address the probable significance of the unavailable information, which could be material to future results. ROUNDING ADJUSTMENTS Certain monetary amounts, percentages and other figures included in this presentation have been subject to rounding adjustments. Accordingly, figures shown as totals in certain tables or charts may not be the arithmetic aggregation of the figures that precede them, and figures expressed as percentages in the text may not total 100% or, as applicable, when aggregated, may not be the arithmetic aggregation of the percentages that precede them. Ⓒ2022 Gates Corporation. All rights reserved.#3Gates TODAY'S PRESENTERS Ⓡ IVO JUREK Chief Executive Officer Ⓒ2022 Gates Corporation. All rights reserved. TOM PITSTICK Chief Marketing Officer WALT LIFSEY Chief Operating Officer 3 BROOKS MALLARD Chief Financial Officer#4Gates Ⓡ AGENDA 2:00 PM Welcome 5:00 PM Strategic Overview Growth Technology Showcase A. Industrial Innovation B. Personal Mobility C. Electric Vehicles Operational Excellence Financial Overview Closing Remarks Q&A Cocktail Hour Ⓒ2022 Gates Corporation. All rights reserved. Bill Waelke - VP, Investor Relations Ivo Jurek - CEO Tom Pitstick - CMO Walt Lifsey - Coo Brooks Mallard - CFO Ivo Jurek - CEO 4#5Gates /// Ⓡ 9 STRATEGIC OVERVIEW IVO JUREK CEO 1.54#6Gates Ⓡ KEY MESSAGES FOR TODAY WHO WE ARE GROWTH OPPORTUNITY OPERATING MODEL ATTRACTIVE FINANCIALS Ⓒ2022 Gates Corporation. All rights reserved. ■ ■ Gates provides highly-engineered industrial components, performing mission-critical functions, with natural replacement cycles Large markets with strong secular tailwinds - industrial automation, electrification of mobility, eCommerce and logistics, infrastructure build-out Executing well on organic growth initiatives Accelerating the pace of innovation - new products expanding our market access Gates Operating System In-region/for-region strategy Replacement channel focus 6 Above-market growth Strong Free Cash Flow generation Strong balance sheet Capital allocation flexibility#7Gates Ⓡ GATES AT A GLANCE COMPANY OVERVIEW $3.5B 2021 Revenue $295M 2021 Free Cash Flow² 14,000+ Employees 750+ Engineers $736M 2021 Adj. EBITDA¹ Ⓒ2022 Gates Corporation. All rights reserved. 22.4% 2021 ROIC³ 100,000+ Distributor Locations 120+ Countries Served 2021 REVENUE BREAKDOWN SEGMENT Fluid Power $1.3B Power Transmission $2.2B GEOGRAPHY ΝΑ 46% EMEA 27% SA EA&I 4% 11% China 12% Off-Highway CHANNEL Energy & Resources Auto OEM Replacement 63% On-Highway 9% END MARKET 20% First-Fit (OEM) 37% 5% 10% 21% 31% 4% Diversified Industrial Personal Mobility Auto Replacement 7 PREMIUM INDUSTRIAL COMPANY WITH STRONG GLOBAL PRESENCE AND REPLACEMENT CHANNEL REVENUE MIX (1) Adjusted EBITDA is a non-GAAP measure. See appendix for reconciliations (2) Free Cash Flow: Net Cash Provided by Operations minus Capital Expenditures. This is a non-GAAP measure, see appendix for reconciliation. (3) ROIC: Tax-effected LTM Adjusted EBIT divided by total assets minus cash, accounts payable, income tax-related assets and intangibles related to 2014 acquisition of Gates#8Gates Ⓡ PRODUCT SEGMENTS POWER TRANSMISSION: $2.2B¹ #1 GLOBAL MARKET POSITION PRODUCTS ▪ Synchronous Belts V-Belts, CVT & Micro-V Belts ▪ TPU Positioning & Conveyance Belts Metal Drive Components Solutions transmitting power in fixed and mobile drives across a wide range of applications and end markets ■ Ⓒ2022 Gates Corporation. All rights reserved. ■ I Energy Efficient Lightweight Clean, Quiet and Safe ■ Maintenance Free ■ Reliable GROWTH OPPORTUNITIES ▪ Chain-to-Belt & Belt-to-Belt ▪ Personal Mobility ▪ Precision Motion Control & Conveyance FLUID POWER: $1.3B¹ TOP-3 GLOBAL MARKET POSITION GATES Fates 3/8" PRODUCTS Hydraulic Hose, Tubing and Related Components ▪ Thermal Management Hose Industrial Fluid Conveyance Hose Oil & Gas Hose ■ ■ Solutions serving fixed and mobile fluid conveyance applications across a wide range of end markets ■ Leak Free ▪ Lightweight ■ Flexible ■ ■ 8 Multi-Application GROWTH OPPORTUNITIES Stationary Industrial Applications ▪ EV Thermal Management Geographic Expansion ■ Clean and Safe TWO GLOBAL SEGMENTS OF SCALE FOCUSED ON MISSION-CRITICAL, REPLACEMENT COMPONENTS FOR DIVERSE APPLICATIONS (1) FY2021 Net Sales