Itt Inc. · NYSE:ITT
Itt — Merger or Acquisition (December 2025)
20 slides from Itt's merger presentation, Dec 5, 2025
Slide 1: Accelerating Our 2030 Vision
Exhibit 99.3 Accelerating Our 2030 Vision 1
Slide 2: Safe Harbor and Non-GAAP Disclosures
Safe Harbor and Non-GAAP Disclosures The information in this presentation includes “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements in this presentation include, but
Slide 3: ITT 2030 Vision
ITT 2030 Vision Portfolio Reshaping Organic Growth & Margin Expansion Compound with M&A Scale flow and connectors platforms Shift portfolio to high growth, high margin businesses Reduce auto exposure to ~20% of revenue Drive organic value creation and outperform underlying markets Differentiate thro
Slide 4: SPX FLOW | Strategic Addition to ITT
SPX FLOW | Strategic Addition to ITT $1.3 billion1 highly profitable flow platform 43% aftermarket revenue doubles Industrial Process (IP) segment aftermarket sales Strengthens ITT’s leadership in core markets; establishes leading position in close adjacencies and enlarges TAM $80 million expected r
Slide 5: Transaction Summary
Transaction Summary Consideration and Valuation Total consideration of $4.775 billion in cash and equity Represents 14.2x forecasted SPX FLOW 2026 adj. EBITDA1 Represents 11.5x SPX FLOW 2026 adj. EBITDA1 post-synergies Expected Financial Benefits $80 million annual run-rate cost synergies by end of
Slide 6: Strong Balance Sheet
Strong Balance Sheet Target Pro Forma Net Leverage Ratio1 Transaction funded with debt and equity Issuing $700 million in ITT common stock to Lone Star Fully committed loan facilities Expect to maintain investment grade rating and target <2.0x net leverage1 within ~18 months 4.0 3.0 2.0 1.0 0.0 At C
Slide 7: SPX FLOW | Industry Leader in Flow
SPX FLOW | Industry Leader in Flow $1.3B Revenue 43% Aftermarket 42% Gross Margin 22% Adj. EBITDA Margin1 ~3,800 Employees2 Premier brands in pumps, valves, mixers, heat exchangers and other flow and process solutions By End Market By Product By Geography Waukesha Cherry-Burrell®, Lightnin®, Bran+Lu
Slide 8: SPX FLOW | At-a-Glance
SPX FLOW | At-a-Glance Positive Displacement Pump Hygienic Valves Metering Pump Centrifugal Pump Heavy Mixers Portable Mixers Homogenizer Heat Exchangers Premier brands serving blue-chip customers
Slide 9: SPX FLOW | Strategic Fit
SPX FLOW | Strategic Fit Commentar TAM1 Applications Hygienic Pumps Adds #1 brand in North America food & beverage pumps Adds positive displacement pumps to product portfolio Potential to pull through existing SPX FLOW industrial products through stronger ITT Industrial channel $8B Protein & FoodCos
Slide 10: High-Margin Aftermarket Revenue Stream
High-Margin Aftermarket Revenue Stream IP Segment ~$1.2B + IP Segment Large installed base provides strong recurring revenue streams Doubles ITT Industrial Process segment aftermarket revenue Leverages combined footprint to enhance service to customers Increases ITT aftermarket revenue to ~32% Resil
Slide 11: Significant Cost Synergies Opportunity
Significant Cost Synergies Opportunity Clear line of sight – just execute
Slide 12: Outstanding Cultural Fit
Outstanding Cultural Fit Leader in highly engineered, critical components for harsh environment applications Global perspective Relentless granularity, depth of understanding Continuous improvement over and over and over Focus on the fundamentals through SQDC Decentralized structure with unprecedent
Slide 13: The New ITT
The New ITT Scaled IP platform strengthens ability to address complex customer challenges in an enlarged TAM Structurally higher margins and more aftermarket Robust cash flow generation Enhanced end market mix reduces auto exposure Accelerates our profitable growth strategy
Slide 14: Proven Track Record
Proven Track Record Top Quartile Performance1 +9% organic revenue2 CAGR +170 bps adj. operating margin2 expansion +44% in adj. EPS2 growth 12% free cash flow margin2 (2024) Integration Playbook 6 acquisitions completed since 2021 >$1B of capital deployed All acquisitions growing well Creating value,
Slide 15: ap sSP<FLOW
>< 7 tS ~ ap sSP<FLOW all the boxes al benefits ‘tes vision
Slide 16: Appendix
Appendix
Slide 17: Key Performance Indicators & Non-GAAP Measures
Key Performance Indicators & Non-GAAP Measures ITT reviews a variety of key performance indicators that we consider to be useful to management and investors when evaluating our operating performance for the periods presented. These measures provide a tool for evaluating our ongoing operations and ma
Slide 18: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconci (Gomlions:allamounts unaudited) jion Statements Reconciliation of Revenue to Organic Revenue ur ® Tosa 2o24Revenue S1a7e § 13610 $ 0251 § G2) 8 36007 Less: Acguistions =" 20889 7 "3009 Less: FX oz) __@23)__c68) (80) "024 Organic revere 15806 € 11973 § 7530 § GH S$ 34071 202
Slide 19: ITT Inc., SPX FLOW and Pro Forma Combined Non-GAAP Reconciliation Statements
ITT Inc., SPX FLOW and Pro Forma Combined Non-GAAP Reconciliation Statements (In millions; all amounts unaudited) Reconciliation of Income from Continuing Operations to Adjusted EBITDA Trailing Twelve Months ended September 27, 2025 Proforma ITTSPX FLOW Combined Reported Income from continuing opera
Slide 20: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (n milions, ll amounts unaudited) Reconciliation of Cash from Operating Activities to Free Cash Flow F208 [Not Cash - Operating Activities S 5626 Les: Capital expenditures 1239 Free Cash Flow so a87 Revenue $ 36307 Operating Cash Flow Margin 155% Free Cash