Q3 2022 Segment Performance and Outlook

Q3'22 SEGMENT PERFORMANCE WELDING POLYMERS & FLUIDS 31.5% +150 bps 30.0% +12% $477M $456M $473M +4% 25.3% +110 bps $425M 24.2% Q3'21 Q3'22 Total Revenue Q3'21 Q3'22 Operating Margin Q3'21 Q3'22 Q3'21 Q3'22 Total Revenue Operating Margin • Organic revenue 14% • Organic revenue 8% • Polymers 21% • Equipment 13%, Consumables 15% North America 14% International 12% ITW // Miller. HOBART FILLER METALS • Fluids 5% Automotive Aftermarket 2% rain-x Devcon PLEXUS 6 Permatex

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