First-Quarter 2019 Results

Adj. Continuing EPS* ENTERPRISE Q1 2019 Continued Strong Revenue Growth, Margin Expansion and EPS Growth Net Revenue +8% Organic $3,576 Adj. Operating Margin* +90 bps 9.4% $3,385 +6% Q1 '18 Q1 '19 8.5% Q1 '18 Q1 '19 Highlights $0.70 +27% $0.89 Q1 '18 Q1 '19 Strong organic revenue growth across all businesses, in virtually all products and geographies Adj. operating margins expanded on strong price realization, effectively managing inflation & tariff-related headwinds. Achieved Q1 leverage of 26%, in line with full year target Revenue growth offset by ~2% negative FX impact R Ingersoll Rand. * Includes certain Non-GAAP financial measures. See the company's Q1 2019 earnings release for additional details and reconciliations. 25

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