2021 Guidance Update

Q3 2021 SEGMENT RESULTS Strong Pricing Execution Drives Organic Revenue Growth in Challenging Environment $M Asia Pacific EMEA Americas Revenue Org. Growth Adj. EBITDA% vs PY Adj. 01% vs PY $2,910 +4% $495 +8% 19.5% 17.4% -70 bps -80 bps 20.1% +40 bps 18.5% +120 bps Highlights Strong price, productivity and cost controls offset inflation and supply chain inefficiencies while maintaining high levels of business reinvestment IAQ full systems approach (services, controls, equipment), innovation driving strong demand Strong execution / productivity / price / volume / cost controls drive margin expansion Electrification of heat/transport new product launches driving strong demand $315 +1% 18.2% -100 bps 17.1% • Rev growth across mixed end markets Price cost challenging near term -80 bps • FY 2021 margin expansion on track Note: Information as of November 3, 2021. --- * NOT AN UPDATE OR REAFFIRMATION * Includes certain Non-GAAP financial measures. See the company's Q3 2021 earnings release for additional details and reconciliations. TRANE TECHNOLOGIES

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