Q1 2023 Financial Performance

Precision and Science Technologies Highly Specialized Fluid Management Solutions Including Precision Liquid and Gas Pumps and Niche Compression Technologies Q1 2023 vs. Q1 2022 ($M) Current Year Prior Year YOY A Ex-FX YOY A Q1 2023 vs. Q1 2022 Revenue/Orders Bridge Organic FX M&A ΥΟΥ Δ Revenue $312.1 $297.4 4.9% 8.4% Orders Growth (1.7)% (3.2)% 1.8% (3.1)% Adj. EBITDA $94.5 $85.1 11.0% Revenue Growth 6.0% Adj. EBITDA Margin 30.3% 28.6% 170 bps (3.5)% 2.4% 4.9% Highlights • • Book to Bill of 1.05x; 64% YoY incremental margins Organic orders were up in all businesses except for the oxygen concentration business, which declined -$25M primarily due to longer cycle frame orders received in Q1 2022 that did not repeat in Q1 2023 • Continued improvement in Adjusted EBITDA margins both YoY and QoQ; primarily driven by using IRX across multiple areas such as price/cost, structural cost improvements on M&A, etc. Innovation in Action SEEPEX Battery Fluid (BF) Pump • Combined IR's channel knowledge and access to lithium-ion battery customers with SEEPEX technology to rapidly prototype and bring to market a mission-critical product in a high-growth, sustainable end market (Electric Vehicle Battery Production) • Unique progressive cavity design ensures zero contamination which is vital to precise, high-purity coatings $250M+ Addressable Market 14 1 Management assessment based on product maintenance costs as compared to current product offering. < 9 months From Concept to Execution 30% - 40% Reduced Maintenance Cost¹ (ÍR) Ingersoll Rand

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