Investor Presentaiton

Campaign's 2022 Corporate Equality Index in the U.S. for the seventh consecutive year. In addition, Eaton was named one of the World's Most Ethical Companies by Ethisphere magazine, one of the World's Most Admired Companies by Fortune magazine, one of the 100 Best Corporate Citizens by 3BL Media and, for the second year in a row, a Best Place to Work for Disability Inclusion, earning a score of 100 out of 100 on the Disability Equality Index. Finally, our Legal team achieved Mansfield Rule certification in recognition of our efforts to elevate traditionally underrepresented lawyers in our company. We created value for society. • We aggressively pursued our 2030 sustainability targets and made substantial progress toward reducing Eaton's carbon footprint. At year's end, we had reduced greenhouse gas emissions from our operations by an estimated 18% since 2018, keeping us on target to meet our goal of a 50% reduction by 2030. We also certified 20 additional Eaton sites as zero waste- to-landfill, bringing us to 75% of our 2030 goal, and certified nine additional Eaton sites as zero-water discharge, representing 84% of our 2030 goal. Finally, Eaton issued its first sustainability-linked bond, a historic action that provides a financial incentive to meet our emissions reduction goals. 100% SCORE > 2022 Corporate Equality Index in the U.S. > Human Rights Campaign • We purchased approximately $1.7 billion in goods and services from small and diverse suppliers, representing 32% of our overall spend with U.S. suppliers in the year. Our goal remains to increase our spend with small and diverse suppliers to 40% by 2030. And in acknowledgment of our diverse business practices, we were named among the Best-of-the-Best Corporations in America for Inclusion by the National LGBT Chamber of Commerce and its partners in the National Business Inclusion Consortium. • We celebrated our legacy of giving back to our communities, marking the 30th anniversary of our Stover Awards program, which honors our colleagues for extraordinary acts of service. And our teams around the world stepped up to provide vital support to those impacted by the war in Ukraine, to deliver food and critical supplies to Eaton employees who faced extended COVID lockdowns in China, and to support relief efforts for those affected by a series of deadly natural disasters in the year. • We transparently reported our progress on our environmental, social and governance (ESG) commitments with the publication of our annual Sustainability, Task Force on Climate-related Financial Disclosures (TCFD), and Global Inclusion and Diversity Transparency reports. OVER THE PAST DECADE MORE THAN $20B IN ACQUISITIONS $13B IN CAPITAL EXPENDITURES AND INVESTMENTS IN R&D We've positioned Eaton for future value creation. As we shift our focus to what comes next for Eaton, we do so in a world that is going through a digital transformation - a transformation that will drive the need for more of our intelligent products and more data centers, a significant growth segment for our company. Our Electrical business will also benefit from secular growth trends tied to energy transition. In addition, we're gearing up to support our Aerospace customers as they get ready for the coming growth cycle in the commercial aerospace and defense markets. And as the world continues to adopt electric vehicles, our eMobility business will see transformative growth. Finally, governments worldwide are investing heavily in clean energy spending programs, important investments that will increase the size of our served markets. We're well positioned in growth markets now and will be for years to come. In closing As we celebrate Eaton's 100th year as a public company, we remain committed to maximizing the value we create for our shareholders and for all those we serve. We're resolved to keep our promise to improve the quality of life and the environment for people everywhere. And we're committed to earning the trust of our shareholders every day, demonstrating that there's never been a better time to invest in Eaton. Thank you for your continued confidence in our company. Crary Coll Craig Arnold Chairman and Chief Executive Officer 5

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