Timken Details Strategy and Announces 2028 Financial Targets at Investor Day

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20260710/1783672773104881.png" title="1783672773104881.png" alt="1.png"/></p><p><span style="font-size: 14px; font-family: arial, helvetica, sans-serif;">The Timken Company (NYSE: TKR;&nbsp;www.timken.com), a leader in advanced motion technology, hosted an Investor Day earlier today in New York City. Lucian Boldea, president and CEO, and other members of Timken&#39;s executive team detailed the company&#39;s 2028 financial targets and strategy to accelerate profitable growth, structurally increase margins and drive value for shareholders. &quot;Today, we introduced our Elevate to Outperform strategy, which is focused on optimizing our portfolio, investing decisively in our strategic verticals, and better leveraging our multinational footprint as we operate as One Timken,&quot; said Boldea. &quot;Execution of our plan is well underway to achieve compelling 2028 financial targets and deliver enhanced value to our customers and shareholders over the long term.&quot; Highlights from Timken&#39;s 2028 financial targets include: Total sales of $5.0 to $5.2 billion, with an organic net sales CAGR percentage in the mid-single digits Industrial Motion segment adjusted EBITDA margin of 25 to 27 percent of sales in 2028, up from 19 percent in 2025 Engineered Bearings segment adjusted EBITDA margin of 21 to 23 percent of sales in 2028, up from 18.9 percent in 2025 Adjusted earnings per share of approximately $8.50, a greater than 55 percent increase compared to 2025</span></p>