First-Quarter 2019 Results

Continued Execution of Balanced Capital Allocation Strategy • Strengthen the core business and extend product & market leadership Invest in new technology and innovation 1 • Invest for Growth • Strategic acquisitions - pipeline remains active • Secured $1.5B of financing primarily to fund pending PFS acquisition 2 Maintain Healthy, Efficient Balance Sheet • 3 Return Capital to Shareholders • R Ingersoll Rand. • • Drive FCF conversion of greater than 100% of adjusted net income Strengthening balance sheet Strong BBB investment grade rating offers optionality as markets evolve • Expect to consistently deploy 100% of excess cash over time Paid $128M in dividends in Q1 2019; expect to grow dividends >= adj net income growth over time Repurchased $250M in shares in Q1 2019 Note: Information as of April 30, 2019 --- NOT AN UPDATE OR REAFFIRMATION 30

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