2021 Guidance Update

CULTURE OF PERFORMANCE EXCELLENCE Long Track Record of Disciplined and Balanced Capital Deployment (2016 to 2020) M&A ~$2.2B on 25 acquisitions as of January 2021 Dividends ~12% CAGR dividend per share. Long history of growing dividend. CAPEX Capex lite business model ~1.6% of revenue ~26% ~25% $8.8B* ~13% -36% Share Repurchase ~$3.2 billion on share repurchases * Historical information based on pre-RMT transaction consolidated Ingersoll Rand financial statements through 2019; 2020 reflects Trane Technologies. TRANE TECHNOLOGIES 17

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