2021 Guidance Update slide image

2021 Guidance Update

Q3 2021 ORGANIC BOOKINGS AND REVENUES Robust Bookings w/ Broad-Based Growth in All Segments / Businesses; ~$150M in Revenues Impacted by Tight Supply Chain Q3 Organic Y-O-Y Change Bookings Revenue + 20% + 4% Enterprise flat + Americas + 20% + 4% Commercial HVAC + + Residential HVAC Transport + + EMEA + 25% Commercial HVAC + Transport + Asia Pacific Commercial HVAC Transport + 8% flat + Americas CHVAC bookings up 30+% vs down LSD comp PY; Revs up MSD led by HSD svcs rev growth; Equip revs up LSD; IAQ demand remains healthy • Res HVAC bookings up LSD and revs flat on tough PY comps (30+% / high-teens, respectively); Record backlog entering Q4 Transport bookings up 20+%; reflects orders for 1Q 2022, 2021 shipments largely in backlog; revs up low to mid-teens, YTD bookings up 80+%, YTD revs up 30+%, outpacing transport end mkts • Americas - record backlog entering Q4 EMEA • • CHVAC bookings strong; Revs flat on strong HSD svcs revs growth Transport bookings strong; Revs up high-teens; YTD bookings up 50+%, YTD revs up 20+%, outpacing transport end mkts EMEA record backlog entering Q4 Asia Pacific + 11% + 1% + + + • Note: Information as of November 3, 2021 ⚫ CHVAC bookings up low-teens; Revs up LSD led by China growth • Transport bookings up MSD and revs down MSD COVID-19 pandemic remains a challenge in the region overall • Asia Pacific- record backlog entering Q4 - NOT AN UPDATE OR REAFFIRMATION *Organic bookings and organic revenues exclude acquisitions and currency TRANE TECHNOLOGIES
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