Q1 2023 Financial Performance

Raising 2023 Guidance¹ Revenue Total Ingersoll Rand Initial Guidance as of 2/21/23 7-9% Key Metrics 2 Revised Guidance as of 5/4/23 Change at Midpoint Full Year 2023 Assumptions 10-12% +300 bps • 2023 incremental margins of 35-40% . Ingersoll Rand (Organic)³ 3-5% 6-8% +300 bps Interest Expense: ~$165M • Adj. Tax Rate: -23% Industrial Technologies 3-5% 6-8% +300 bps . and Services (Organic) Capex: 2% of revenue Precision and Science 4-6% 5-7% +100 bps Technologies (Organic) ⚫ FCF³ to Adj. Net Income Conversion: ~100% Share count: ~409M FX Impact4 (~1%) ~Flat +100 bps M&A5 ~$270M ~$270M Corporate Costs (~$140M) (~$160M) +$20M Adjusted EBITDA³ $1,570M Adjusted EPS³ $1,630M (+9% +14% YoY) $2.48 $2.58 (+5% +9% YoY) $1,660M $1,710M (+16% +19% YoY) $2.64 (+11% +16% YoY) - +5% $2.74 +6% 15 15 1 Reconciliations of non-GAAP measures related to full-year 2023 guidance have not been provided due to the unreasonable efforts it would take to provide such reconciliations due to the high variability, complexity and uncertainty with respect to forecasting and quantifying certain amounts that are necessary for such reconciliations, including net income (loss) and adjustments that could be made for acquisitions-related expenses, restructuring and other business transformation costs, gains or losses on foreign currency exchange and the timing and magnitude of other amounts in the reconciliation of historic numbers. For the same reasons, we are unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results. 2 All revenue outlook commentary expressed in percentages and based on growth as compared to 2022. 3 Non-GAAP measure (definitions and/or reconciliations in appendix). 4 Based on March 2023 FX rates; does not include impact of FX on M&A. 5 Reflects all completed and closed M&A as of May 1, 2023. IR Ingersoll Rand

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