First-Quarter 2019 Results

ENTERPRISE Strong Climate Performance Driving Adj. Cont. EPS +27% +$0.19 $0.17 $0.00 ($0.01) $0.70 Q1 2018 Adjusted Continuing EPS* Climate Industrial ($0.01) Corp Cost ($0.05) Oth Exp $0.02 Interest $0.03 Tax rate Highlights $0.03 $0.89 Other Share Count Q1 2019 Adjusted Continuing EPS* Strong performance in Climate. Industrial solid w/ margins negatively impacted by a temporary supplier disruption in Small Electric Vehicles (~$4M); excl. disruption Industrial margins +50 bps. FY 2019 Industrial margin outlook intact Other expenses $15M higher primarily due to pension costs and a legal settlement related to a legacy business Lower share count driven by $1.15B of share repurchases in 2018 / Q1 2019 R Ingersoll Rand. Note: Information as of April 30, 2019 --- NOT AN UPDATE OR REAFFIRMATION * Includes certain Non-GAAP financial measures. See the company's Q1 2019 earnings release for additional details and reconciliations. 26

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