First-Quarter 2019 Results

INDUSTRIAL SEGMENT Q1 Solid Organic Revenue Growth Against Tough Compares (PY +9%) Net Revenue +3% $775 Organic Adj. Operating Margin* 12.3% $772 flat Adj. EBITDA %** -50 bps 14.9% 12.3% 14.4% flat Q1 '18 Q1 '19 Q1 '18 Q1 '19 Q1 '18 Q1 '19 Highlights • • Balanced revenue growth across Compression Tech, Industrial Products and Small Electric Vehicles Industrial margins negatively impacted by a temporary supplier disruption in Small Elec. Veh. (~$4M); excl. supplier disruption Industrial margins +50 bps, expect resolution during Q2 . FY 2019 Industrial margin outlook intact w/ footprint optimization benefits ramping in late 2019 R Ingersoll Rand. * Adjusted operating margin excludes restructuring in 2018 and 2019. See tables in news release for additional information. ** Adjusted EBITDA divided by revenue. This excludes restructuring in 2018 and 2019. See tables in news release for additional information. 29 29

View entire presentation