Q2 2022 Earnings Release

Executive Summary ✓ Strong financial results for Q2 Sales growth of 13% Q2'22 Results Q2'21 Results Sales $1.06B $941M Segment Income up 18% Segment Income $206M $175M ROS expanded 70 basis points Adjusted EPS increased 21% Adjusted EPS $1.02 $0.84 ✓ Acquisition of Manitowoc Ice expected to close on or around July 28, subject to closing conditions ✓ New segmentation to begin January 1, 2023, to enhance focus on delivering our growth and transformation plans ✓ Introducing 03 and updating full year 2022 guidance Q2 2022 Earnings Release. O2022 Pentair. All Rights Reserved. PENTAIR

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