2022 Q3 Financial Results

Reconciliation of Non-GAAP Measures This information reconciles non-GAAP measures (denoted with a *) with the most directly comparable GAAP measure (dollars in millions, except per share amounts) Q3 Cash Flow Operating cash flow (GAAP) Capital expenditures Free cash flow* FY 2022E Cash Flow Operating cash flow (GAAP) Capital expenditures Free cash flow* Cash Flow to Net Earnings Conversion Operating cash flow to net earnings (GAAP) Capital expenditures Free cash flow to net earnings* Vertiv gain / Therm-O-Disc divestiture / Russia business exit Adjusted free cash flow to net earnings* Q3 FY21 $ 1,105 $ Q3 FY22 740 Change (33)% (128) (110) (3)% $ 977 $ 630 (36)% FY22E FY22E Aug May Guidance - $3.0B (525)M ~ $2.5B Guidance ~ $3.6B (600)M ~ $3.0B Q3 FY22 78% (12)% FY22E - 94% (16)% 66% - 78% 24% 90% 22% - 100% References to trailing 3-month or T3M orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding acquisitions and divestitures References to underlying orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding currency, acquisitions and divestitures References to underlying sales in this presentation exclude the impact of acquisitions, divestitures and currency translation 35

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