2021 Guidance Update

2030 SUSTAINABILITY COMMITMENTS Trane Technologies Core Sustainability Strategy: Challenge Possible Global Megatrends Our Commitments CLIMATE CHANGE DEMOGRAPHICS URBANIZATION DIGITAL CONNECTEDNESS RESOURCE SCARCITY INDOOR AIR QUALITY (IAQ) The Gigaton Challenge Reducing one gigaton of carbon emissions (CO₂e) from our customers' footprint by 2030 Leading by Example Achieving carbon neutral operations, 10% absolute energy reduction, zero waste to landfill and net positive water Material Issues to Focus Our Efforts Supply Chain Responsible sourcing Operations Emissions intensity Renewable energy Products and Services Energy efficiency Low-emission products Supplier diversity Technology & innovation Emerging market innovations Water usage Heating electrified Product life cycle Employees Diversity and inclusion Ethics and integrity Safety Development Engagement Opportunity for All Creating gender parity in leadership, workforce diversity, investing in STEM education Communities Access to cooling Food and wellness Education Workforce development Governance Board oversight Financial performance Public policy Decent Work Industry, Sustainable Targets Align with Global Priorities 2 Zero Hunger Quality Education 5 Gender Equality 6 Clean Water 7 & Sanitation Affordable & Clean Energy & Economic Growth 9 Innovation & 11 Cities & Infrastructure Communities Responsible 12 Consumption & Production 13 Climate Action Sss ☐ ☐ SUSTAINABLE DEVELOPMENT GOALS "C We have more than 37,000 amazing, talented people around the world who are aligned to a singular purpose - to boldly challenge what's possible for a sustainable world. - DAVE REGNERY, CEO TRANE TECHNOLOGIES

View entire presentation