2021 Guidance Update

INNOVATION Megatrends are Powerful Drivers of Growth and Accelerate Need for Innovative Trane Technologies' Solutions Continuing Megatrends Accelerating Megatrends Climate Change Urbanization Resource Scarcity Demographics Indoor Environmental Quality Digital Connectedness Driving Sustainability Accelerating need for innovative climate sustainability solutions Trane Technologies Innovation Advantage Leader in innovative climate solutions at nexus of environmental sustainability and impact TRANE TECHNOLOGIES 14

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