Slide 1: Earnings Conference Call First Quarter 2026
April 23, 2026 – 8:30am CT Earnings Conference Call First Quarter 2026
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures We want to remind everyone that our comments may contain forward-looking statements that are inherently subject to uncertainties and risks, including general economic conditions and conditions in the particular markets in which we operate, changes in
Slide 3: Q1 2026 Performance Highlights
Q1 2026 Performance Highlights Financial Summary Commentary Total growth: +10% to $2.1B Revenue Organic growth(1): +5% ▪ Double digit revenue growth driven by secular-growth-exposed businesses and improving conditions across the portfolio Total growth(2): +24% to $2.5B Bookings(2) Book-to-bill(2): 1
Slide 4: Summary Corporate Q1 Results
Summary Corporate Q1 Results Q1 2026 Highlights Revenue Change All-in +10% ▪ FX impact: +3%. Acquisitions: +2% (Y-o-Y) Organic(1) +5% Bookings(2) Change ▪ Book-to-bill(2): 1.20 (vs. 1.07 in Q1 ’25) All-in +24% (Y-o-Y) ▪ Significant growth in longer dated orders Adjusted Segment Margin % 24% ▪ Adj. S
Slide 5: Segment Results
Segment Results Q1 2026 Adj. Segment Revenue ($M) / Segment EBITDA(1) % / Bps Y-o-Y Org.(1) ∆ % Performance Commentary ∆ Y-o-Y $267 19% ▪ Strong demand and order trends in aerospace and defense components and industrial winches; DEP +2% -30 bps stabilization in vehicle aftermarket $555 19% ▪ Solid s
Slide 6: Q1 2026 Free Cash Flow
Q1 2026 Free Cash Flow $M Q1 2026 Q1 2025 ∆ Net earnings 238 231 7 Loss from discontinued operations, net — 8 (8) D&A 97 87 10 Change in working capital (76) (73) (3) Change in other(1) (69) (96) 27 Cash flow from operations 191 157 34 Capex (60) (48) (12) Free cash flow(2) 131 109 22 FCF % of Reven
Slide 7: Bookings Momentum Continuing in 2026
Bookings Momentum Continuing in 2026 Consolidated LTM Bookings(1) Growth Q1 ‘26 Bookings(1) Detail by Segment $ in millions Strong bookings momentum accelerated in Q1 2026 Y-o-Y B-t-B(1) Growth Bookings Commentary Q1 bookings(1) +24% vs. Q1 ’25; book-to-bill(1) 1.20 Double digit growth in aerospace
Slide 8: Over 20% of Annualized Revenue Tied to Secular Growth End Markets
Over 20% of Annualized Revenue Tied to Secular Growth End Markets Power / AI Infrastructure Single-Use Biopharma CO2 Systems Gas Infrastructure Electrical Infrastructure Liquid Cooling ▪ Tailwinds across broader gas ▪ Leading provider of solutions ▪ Strong demand for liquid ▪ Solid outlook in new bi
Slide 9: Continuing to Invest Behind Growth and Productivity to Support Long-Term Outlook
Continuing to Invest Behind Growth and Productivity to Support Long-Term Outlook Segment Description Total Capex Growth and Capacity DCEF Greenfield facility expansion for below ground retail fueling OPW site rendering in Smithfield, NC SWEP facility in Tulsa, OK Global investments in marking & codi
Slide 10: 2026 Segment Outlook
2026 Segment Outlook Organic Segment Segment Growth(1) Margin ∆ Commentary ▪ Robust growth in aerospace & defense; stable volumes in automotive aftermarket DEP +LSD ▪ Margin improvement on mix, positive price-cost dynamics, and operational execution ▪ Growth in clean energy components, fluid transpo
Slide 11: Guiding for Double Digit Adjusted EPS Growth at the Midpoint
Guiding for Double Digit Adjusted EPS Growth at the Midpoint Q1 2026 Dry Powder ▪ All-in: 5% - 7% Revenue $ in billions Growth ▪ Organic(1): 3% - 5% Optional temporary investment grade leverage(3) for the ▪ GAAP EPS: $8.92 - $9.12 right opportunity EPS ▪ Adjusted EPS(1)(5): $10.45 - $10.65 Maintain
Slide 12: Appendix
Appendix 12
Slide 13: Organic Revenue Growth
Organic Revenue Growth Segment Growth Factors Organic Revenue Engineered Products Clean Energy & Fueling Imaging & Identification Pumps & Process Solutions Climate & Sustainability Technologies Total organic Acquisitions Currency translation Total Note: Totals may be impacted by rounding, Q1 2026 21
Slide 14: Bookings
Bookings ($ in millions) Q1 2026 Bookings Engineered Products 294 Clean Energy & Fueling 615 Imaging & Identification 313 Pumps & Process Solutions 598 Climate & Sustainability Technologies 647 Intersegment eliminations (3) Total consolidated bookings 2,464 Q2 Q3 Q4 Qi Q2 Q3 a4 Qi Q2 Q3 Q4 ($ in mil
Slide 15: Reconciliation of Earnings from Continuing Operations to Total Segment Earnings and Total Adjusted Segment EBITDA
Reconciliation of Earnings from Continuing Operations to Total Segment Earnings and Total Adjusted Segment EBITDA 15
Slide 16: Reconciliation of Earnings from Continuing Operations to Total Adjusted EBITDA
Reconciliation of Earnings from Continuing Operations to Total Adjusted EBITDA 16
Slide 17: Reconciliation of Segment Earnings to Adjusted Segment EBITDA by Segment
Reconciliation of Segment Earnings to Adjusted Segment EBITDA by Segment 17
Slide 18: Reconciliation of Earnings from Continuing Operations to Adjusted Earnings and Adjusted EPS
Reconciliation of Earnings from Continuing Operations to Adjusted Earnings from Continuing Operations and Adjusted EPS from Continuing Operations 18
Slide 19: Reconciliation of Free Cash Flow and EPS from Continuing Operations to Adjusted EPS
Reconciliation of Free Cash Flow and EPS from Continuing Operations to Adjusted EPS from Continuing Operations 19
Slide 20: Non-GAAP Definitions
Non-GAAP Definitions Definitions of Non-GAAP Measures: The items described in our definitions herein, unless otherwise noted, relate solely to our continuing operations. Adjusted Earnings From Continuing Operations: is defined as earnings from continuing operations adjusted for the effect of purchas
Slide 21: Performance Measure Definitions
Performance Measure Definitions 21
Slide 22: Slide 22