First-Quarter 2019 Results

Q1 Results Deliver Strong Start to 2019 • • Strong operating results - - Adjusted continuing EPS of $0.89, up 27% year over year driven by strong performance in Climate Early stages, but confident in raising adj. cont. EPS guidance from $6.15 - $6.35 to ~$6.35 Solid Q1 organic revenue growth in both segments; 105% book to bill - - - - Broad-based organic revenue growth in Climate, up 10%; Strong HVAC organic bookings led by N.A. / Eur / Res Industrial organic revenues up 3%, building on 9% growth in Q1 2018 Healthy demand in most major end-markets driving record backlog Working capital levels support cont'd expected growth during cooling season; FY 2019 FCF targets unchanged Operational excellence delivering 26% leverage and solid margin improvement - Enterprise adj. operating margins up 90 bps Cont'd effective mgmt of material/oth. infl. and tariff-related costs; price / cost + 70 bps. Continued balanced capital allocation R Ingersoll Rand. * - Paid $128M in dividends; annualized dividend payout of $2.12 / share; ~2% dividend yield. Repurchased $250M or 2.4M shares PFS offer accepted by seller, regulatory approval expected mid-year 2019 Note: Information as of April 30, 2019 - --- NOT AN UPDATE OR REAFFIRMATION Includes certain Non-GAAP financial measures. See the company's Q1 2019 earnings release for additional details and reconciliations. 24 24

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