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2023 ORGANIC GROWTH RATE PROJECTIONS BY SEGMENT DFance Blok SCRUBS KRAFT SHARP CHEDDAR ITW Automotive OEM Food Equipment T&M / E Welding Polymers & Fluids Construction Products Specialty Products 2023 Estimate 5 - 7% 8 - 10% 2 - 4% 5 - 7% 3 - 5% (5) - (3)% (1) - 1% 3 - 5% 2022 Actuals 12% 23% 9% 16% 11% 14% -flat 12% 2021 Actuals 6% 17% 15% 18% 10% 14% 10% 12% DELIVERING SOLID ORGANIC GROWTH WITH BEST-IN-CLASS MARGINS AND RETURNS ITW 10 10

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