Company Overview

April 11, 2023 2

This is ITT

• High-tech engineering and manufacturing company

• $11 billion in revenues

• 40,000 employees

• Delivering extraordinary solutions to life’s most essential needs:• More livable environments• Better protection and safety• Breakthrough connections

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Three Vibrant Growth Platforms

Global defense and security• Top-tier U.S.

aerospace and defense contractor delivering advanced systems and providing technical and operational services

Water and fluids management• World’s largest

supplier of pumps and systems to transport and control water and other fluids

Motion and flow control• Manufacturer of

highly engineered, critical components for multiple growth markets

April 11, 2023 4

ITT Revenue Profile

• Multi-industry company with leading positions in attractive markets

• Balanced portfolio across geographies

• Portfolio designed to produce predictable and consistent growth

Fluid Technology: 33%

Motion & FlowControl: 13%

Defense & InformationSolutions: 54%

April 11, 2023 5

ITT Business Profile

Defense & Information Solutions

Fluid Technology Motion & Flow Control

Diversified Customer Base

Navy

Army

Other

Air Force

Aligned for Future Growth

Electronic Systems

Information Systems

Geospatial Systems

Balanced Markets

Agriculture, Irrigation, Dewatering

Industrial

Municipal

Residential/Commercial

Strong Technology Platforms

Interconnect Solutions

Motion Technologie

s

Flow Control

Control Technologies

Other

Automotive

Rail, Truck, Bus, Marine

General Industrial

Aerospace/Defense

Balanced Markets

Strategic Portfolio

Water &Wastewater

Residential & Commercial

Water

IndustrialProcess

April 11, 2023 6

Global Profile

Commercial business revenues• North America: 41%• Europe: 38%• Asia: 11%• Rest of the World: 10%

Defense business revenues• United States: 95%• International: 5%

• Operations in more than 60 countries

• Employees and sales presence in more than 125 countries

• Customers in 140 countries

Growing presence in emerging markets• China• India• Eastern Europe

Commercial business revenues• North America: 41%• Europe: 38%• Asia: 11%• Rest of the World: 10%

Defense business revenues• United States: 95%• International: 5%

Growing presence in emerging markets• China• India• Eastern Europe• Brazil

Working in all areas of the world• Operations in more than

60 countries• Employees and sales

presence in more than 125 countries

• Customers in 140 countries

April 11, 2023 7

Global Reach: Fluid & Motion Control

Customer Service/Distribution/Sales Offices

Motion & Flow Control Manufacturing Sites

Operating in More Than 125 Countries

Fluid & Motion Control Headquarters

Fluid Technology Manufacturing Sites

April 11, 2023 8

Global Reach: Defense & Information Solutions

Global Demand for Our Solutions

ITT International OfficesCustomer Locations ITT Defense HQ

April 11, 2023 9

ITT Vision and Values

Defining the way we do business and interact with customers, co-workers and communities:

• Aligned with employees’ personal values

• Brought to life through our daily actions

• Embedded in ITT policies and procedures

April 11, 2023 10

ITT Management System

• Defining a way of life to grow the company and sustain premier performance

• Creating meaningful economic, customer and human value with the right values

Leveraging our diverse strengths through a shared approach

Superior Strategies

Profitable Growth

Value-Based Management

Value-Based Product

Development

Resource Optimization

Premier Resource Management

Portfolio/Capital Allocation

Operational Excellence

Value-Based Lean Six Sigma

Value-Based Goal Deployment

Leadership & Learning

Value-Based Leadership

Development

Partnership for Performance

Premier Metrics

Superior Execution

Superior Resources

Superior Leadership

Premier Performance

Organic Revenue: 5-7%Earnings Before Interest and Taxes: 11.5-12.5%Free Cash Flow/Net Income: 105-115%Return on Invested Capital: 15-20%Earnings Per Share: 10-15%

Voice of Customer

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We Do Essential Things in Extraordinary Ways

• Water Solutions: Acknowledged as global water leader and world’s largest provider of fluid technology equipment

• Location Information: Provided “brains” for every Global Positioning System (GPS) satellite ever launched without a single mission failure

• Dependable Connections: Delivered more than 1 billion reliable antenna connections for cell phones and other mobile communications devices

• Safer Soldiers: Created “jamming” technologies that have proven 100 percent successful in protecting soldiers from invisible improvised explosive devices

• Better Braking: Produce 80 million brake pads a year that deliver the shortest, safest stopping distances to drivers

• Space Exploration: Operate communications systems that detect “whispers” from spacecraft at the edge of the solar system

• Night Vision: Make it possible for more than one million soldiers, law enforcement officers and rescue personnel to see in dark and dangerous environments

• Water Citizenship: Bring safe, sustainable water systems to people in need around the world through ITT Watermark, our signature citizenship effort

April 11, 2023 12

Meeting the World’s Need for Clean Water

Clean Water

ITT is a global water leader with products that play an integral role in every stage of the water cycle

Wastewater

Water Intake and Treatment

• Instruments to analyze water quality

• Pumps to collect and move raw water

• Treatment systems to remove salt and impurities

Water Usage• Pumps to transport water to and

from municipal water stations• Pump systems designed for

farms, manufacturers, homeowners and commercial building owners

• Flood-control pumps for municipalities

• Intelligent systems to achieve maximum pump energy efficiency

Water Transport and Treatment

• Pumps to transport wastewater to and through neighborhood treatment facilities

• Instrumentation to assess wastewater quality

• Mixers to physically remove contaminants and solids

• Aerators to break wastewater into water, carbon dioxide and solids

Water Disinfection and Water Return

• Treatment systems to remove secondary-level impurities

• Pumping systems to transport environmentally sound water back to rivers and lakes or for reuse as irrigation, industrial or drinking water

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ITT products and services align with the current priorities of the U.S. military and its allies for information-based, networked solutions.

Meeting The Need for Global Security

• Tactical communications systems

• Night vision technologies• Counter improvised

explosive device technology

• Radio frequency and infrared defense countermeasures

• Airborne and marine countermeasures

• Unmanned surface vehicles• Coastal radar/sonar• Anti-missile defense

capabilities

• Intelligence and cyber-security systems

• Information warfare• Satellite payloads• Bio-chem early warning

technology

• Base maintenance and mission control

• Information integration and operations

• Advanced research

April 11, 2023 14

Meeting The World’s Need for Modernized Infrastructure

ITT is helping to build a stronger, safer and more energy-efficient global infrastructure.

Mass Transportation• Shock absorbers for trains,

buses and bridges• Electrical connectors

for trains and subways• GPS systems for route

mapping and vehicle operation

Water and wastewater stations• Fluid transport pumps and

systems• Fluid treatment systems• Intelligent systems to control

pump speeds and reduce energy use

Buildings• Booster pumps for delivery of drinking

water• Heating/cooling pump systems• Pump controllers for steady, energy-

efficient water flow

Mines and construction projects

• Dewatering pumps• Electrical connectors

and power devices for construction vehicles

Air Traffic Management• Satellite-based, next

generation air traffic control system

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Meeting The World’s Need for Information

Connectors for computers and

cell phones

Sensors for Global Positioning System

satellites

Imagers and sounders for weather satellites Operations

and maintenance of Deep Space Network antennas

April 11, 2023 16

Helping People in NeedITT people aid their communities in many meaningful ways, including their growing, global involvement in ITT Watermark®.

• Exceeding expectations (progress to date):• Safe, sustainable water for 500,000 people around

the world• Water solutions and hygiene education to 300

schools by end of 2010

• Water aid to disaster zones around the world• Partnerships with leading water non-government

organizations: Water For People, Mercy Corps and China Women’s Development Foundation

• 300 ITT Watermark “ambassadors” and 20,000 employee volunteer hours to date

• ITT’s signature corporate citizenship program

• Bringing clean water, sanitation and hygiene education to Latin America, China and India

• Launched in 2008 with initial three-year, $4 million commitment

April 11, 2023 17

talented employeesstrong valuescustomer partnerproducts that matterproven business modelengineering excellencesustainable solutionsengaging workplace

culturesocially responsibleglobal leaders

ITT…

April 11, 2023 18

Supporting Value Center Slides

April 11, 2023 19

Electronic Systems

ITT develops and fields technology solutions to sense and deny threats to manned and unmanned aircraft, ships, submarines and ground vehicles and personnel, and to provide warfighters with uninterrupted networked tactical communications.

• Integrated electronic warfare systems• Networked communications systems• Force protection systems• Radar systems• Integrated structures• Reconnaissance and surveillance systems• Undersea systems

Key program: Modular, scalable ALQ-211 electronic warfare systems for wide variety of fixed and rotary-wing aircraft

April 11, 2023 20

Geospatial Systems

ITT is a leader in next-generation imaging that integrates space, airborne, ground and soldier sensors into broader, coordinated systems.

• Tactical night vision systems• Space-based satellite imaging• Airborne situational awareness• Weather and climate monitoring• Positioning navigation and timing

systems• Image exploitation software

Key programs: Optical and digital Enhanced Night Vision Goggles and next generation Global Positioning System (GPS) III space satellite program

April 11, 2023 21

Information Systems

ITT provides leading-edge data fusion, network integration and decision support services to both government and commercial customers.

• Next generation air traffic control systems

• Cyber: information protection, sharing and integration

• Networked communication systems• Large system operation and

maintenance• Engineering and professional services• Chemical, biological, radiological,

nuclear and explosive detection technologies

Key program: Automatic Dependent Surveillance-Broadcast (ADS-B), the cornerstone technology of America’s next generation air transportation modernization system

April 11, 2023 22

Industrial ProcessITT has the most complete portfolio of pumps, valves and control systems for industrial markets, providing specialized technology for challenging environments, reduced maintenance and energy-saving solutions.

• Pumps• Valves• Oil and gas offshore reverse osmosis units• Intelligent control systems• Plant Performance Services

Leading brands: Goulds Pumps, Pure-Flo, Jabsco, Flojet, Alcon, A-C Pump, Fabri-Valve, C’treat, PumpSmart and PRO Services

Customers in oil and gas, mining, power generation, chemical, paper and biopharmaceuticals markets

April 11, 2023 23

Residential & Commercial Water

ITT products and systems deliver comfort and convenience, and save energy through the efficient movement of water.

• “Green building” and Leadership in Energy and Environmental Design (LEED) applications

• Pumps and systems for building heating, ventilation and air conditioning (HVAC) systems

• Booster systems and pump packages for building service and irrigation• Turnkey fire pump packages• Residential pumps

Leading brands: Goulds Pumps, Bell & Gossett, Flowtronex, Lowara, Vogel, McDonnell & Miller, Hoffman, Standard, A-C Fire Pump and Laing

April 11, 2023 24

Water & Wastewater

ITT is a world leader in water handling and treatment. With global direct sales and service capabilities, we work close to our customers to deliver energy-efficient and reliable solutions to customers in more than 140 countries.

• Advanced treatment systems to clean and disinfect water

• Intelligent pumps and controls to transport water and wastewater

• Full-service dewatering capabilities – including pump sales, rental and onsite services – to remove unwanted water

Integrated solutions combining world-class products and systems design expertise

Leading brands: Flygt, Sanitaire, WEDECO and Leopold

April 11, 2023 25

Analytics

ITT products are used every day by tens of thousands of people worldwide to analyze and control the quality and characteristics of water, wastewater, food, beverages, pharmaceutical and clinical products.

• Online, field and portable water quality instrumentation

• Temperature and data logging systems• Sensors and sounders• Ocean water quality systems for surface

and subsurface applications

Precise analysis and measurement for water and wastewater, environmental, medical, industrial and food and beverage applications.Leading brands: AADI, Bellingham + Stanley, Ebro, Global Water, Royce Technologies, SI Analytics and WTW

April 11, 2023 26

Control Technologies

ITT provides technologies for a broad range of industrial and aerospace segments

• Valves, actuators, pumps and switches• Regulators and diaphragm seals• Electro-mechanical actuators, servo

motors, computer numerical control systems and motion controllers

• Shock absorbers, buffers, rate controls, dampers and vibration isolators

Best-in-class component and subsystem provider for commercial, military and general aviation, rail, alternative fuel vehicles, power generation, fluid power and chemical processing marketsLeading brands: Aerospace Controls, Enidine,

Enivate, Burny, Kaliburn, Cleveland Motion Controls, Compact Automation Products, Turn-Act, Neo-Dyn® and Conoflow

April 11, 2023 27

Flow Control

ITT’s low flow positive displacement pumps control the flow of water and delicate or viscous liquids in everything from beverage systems to leisure boats.

• Pumps for beverage dispensing, food & beverage processing, pharmaceutical processing, specialty industrial applications and leisure marine boats

• Renewable energy pumps• Valve control systems and

solenoid valves for harsh industrial environments

Leading brands: Jabsco, Rule and Flojet

April 11, 2023 28

Interconnect Solutions

ITT products make it possible to connect with our electronic world, with connectors and contacts that perform in harsh-environment, power and deep space applications.

• Connectors• Contacts

Customers in defense, aerospace, industrial, oil and gas, medical, handheld electronics, alternative energy and transportation markets

Leading brands: Cannon, VEAM and BIW

April 11, 2023 29

Motion TechnologiesAn integrated transportation platform, world leader in safety solutions ranging from passenger cars up to high speed trains.

Automotive. Brake pads and shock absorbers for cars, trucks, trailers

Mass Transit. Comprehensive portfolio of bogie and wagon link safety solutions for rail and bus customers

• Integrated Bogie System (IBS): dampers, air-springs and brake friction materials• Rolling Stock Link (RSL) through “ITT Rail” common front end: buffers and couplers, interconnectors,

pressure switches and pumps

Leading brands: KONI and Galfer

Patents: FSD, CVD Technologies