Q3 2022 Segment Performance and Outlook

Q3'22 SEGMENT PERFORMANCE ORGANIC GROWTH BY GEOGRAPHY AUTOMOTIVE OEM 17% 16% 15% 15% $753M +16% 14% $647M 17.3% 17.5% +20 bps ITW NA EMEA APAC CHINA Q3'21 PRICE/COST MARGIN DILUTION IMPACT (250) bps (200) bps (200) bps (160) bps • (40) bps Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 ITW Q3'22 Total Revenue • Organic revenue 25% • North America 21% • Europe 26% China 29% A DELTAR® Q3'22 Q3'21 Operating Margin TW Global Automotive 4

View entire presentation