Q1 2023 Financial Performance slide image

Q1 2023 Financial Performance

Reconciliation of Diluted Net Income Per Share to Adjusted Diluted Net Income Per Share from Continuing Operations (Unaudited; in millions, except per share amounts) For the Three Month Period Ended March 31, 222 22 2023 2022 Diluted Net Income Per Share (As Reported)¹ $ 0.39 $ 0.25 Less: Diluted Net Income Per Share from Discontinued Operations (As Reported)¹ Diluted Net Income Per Share from Continuing Operations (As Reported)¹ Plus: 0.39 0.25 Provision for income taxes 0.12 0.08 Amortization of acquisition related intangible assets 0.22 0.20 Restructuring and related business transformation costs 0.01 0.04 Acquisition and other transaction related expenses and non-cash charges 0.04 0.02 Stock-based compensation 0.03 0.05 Foreign currency transaction losses (gains), net (0.01) Loss (income) on equity method investments 0.01 Adjustments to LIFO inventories Other adjustments Minus: Income tax provision, as adjusted 0.02 (0.01) (0.01) 0.18 0.14 Interest income on cash and cash equivalents (0.01) Adjusted Diluted Net Income Per Share from Continuing Operations² $ 0.65 $ 0.49 Average shares outstanding: Basic, as reported Diluted, as reported Adjusted diluted² 405.0 407.6 409.2 413.1 409.2 413.1 1 Basic and diluted earnings (loss) per share (as reported) are calculated by dividing net income (loss) attributable to Ingersoll Rand Inc. by the basic and diluted average shares outstanding for the respective periods. 2 Adjusted diluted share count and adjusted diluted earnings per share include incremental dilutive shares, using the treasury stock method, which are added to average shares outstanding. (IR) Ingersoll Rand
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