<p style="text-align: center;"><img src="/ueditor/php/upload/image/20250804/1754294594316240.png" title="1754294594316240.png" alt="3.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Sales of $1.17 billion, down less than 1 percent from last year&nbsp;</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Second-quarter diluted EPS of $1.12; adjusted EPS of $1.42&nbsp;</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Strong cash from operations of $111 million; free cash flow of $78 million&nbsp;</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Updates full-year 2025 outlook; now expects EPS of $3.90-$4.20, with adjusted EPS of $5.10-$5.40 2Q-25 2Q-24 % Change Net Sales (mils.) $1,173.4 $1,182.3 (0.8)&nbsp;% Net Income Margin 6.7&nbsp;% 8.1&nbsp;% (140 bps) Adjusted EBITDA Margin 17.7&nbsp;% 19.5&nbsp;% (180 bps) Diluted EPS $1.12 $1.36 (17.6)&nbsp;% Adjusted EPS $1.42 $1.63 (12.9)&nbsp;%</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported second-quarter 2025 sales of $1.17 billion, down 0.8 percent from the same period a year ago. The decrease was driven by lower end-market demand in both segments, offset in large part by revenue from the CGI acquisition, favorable pricing and foreign currency translation. Organically, sales were down 2.5 percent as compared to the second quarter of 2024. Timken posted net income in the second quarter of $78.5 million or $1.12 per diluted share. This compares to net income of $96.2 million or $1.36 per diluted share for the same period a year ago. The company&#39;s net income margin in the quarter was 6.7 percent, compared to 8.1 percent in the second quarter of last year. Excluding special items (detailed in the attached tables), adjusted net income in the second quarter was $99.3 million or $1.42 per diluted share. This compares to adjusted net income of $115.2 million or $1.63 per diluted share for the same period in 2024. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the quarter were $208.2 million or 17.7 percent of sales, compared with $230.2 million or 19.5 percent of sales in the second quarter of last year. Net cash provided by operations in the quarter was $111.3 million, and free cash flow was $78.2 million. During the quarter, Timken increased its quarterly dividend by 3 percent and repurchased more than 340 thousand shares of company stock. In total, the company returned $47.0 million of cash to shareholders through dividends and share repurchases during the quarter. &quot;Timken delivered second-quarter results that were largely in line with expectations, as our team continues to manage through this period of elevated uncertainty,&quot; said Richard G. Kyle, president and chief executive officer. &quot;We have implemented pricing and other actions to mitigate the impact of tariffs, and we remain focused on serving customers and driving cost initiatives to deliver resilient financial performance in 2025.&quot; Second-Quarter 2025 Segment Results Engineered Bearings&nbsp;sales of $777.4 million decreased 0.8 percent from the same period a year ago, as higher renewable energy demand and higher pricing were more than offset by lower demand in other sectors. Adjusted EBITDA in the quarter was $153.4 million or 19.7 percent of sales, compared with $166.2 million or 21.2 percent of sales in the second quarter of last year. The decrease in adjusted EBITDA was driven primarily by incremental tariff costs and the impact of lower production volume, partially offset by favorable price/mix and lower material &amp; logistics costs. Industrial Motion&nbsp;sales of $396.0 million decreased 0.7 percent compared with the same period a year ago, as revenue from the CGI acquisition, higher pricing and favorable foreign currency translation were more than offset by lower demand across most platforms. Adjusted EBITDA in the quarter was $72.6 million or 18.3 percent of sales, compared with $79.7 million or 20.0 percent of sales in the second quarter of last year. The decrease in adjusted EBITDA was driven primarily by lower volume, incremental tariff costs, and higher SG&amp;A expenses, partially offset by favorable price/mix and the benefit of the CGI acquisition. 2025 Outlook Timken is reducing the high-end of its full-year 2025 outlook, with earnings per diluted share now forecasted to be in the range of $3.90 to $4.20 and adjusted earnings per diluted share in the range of $5.10 to $5.40. The company is taking a cautious view on second half demand and is now planning for 2025 revenue in the range of -2.0% to -0.5% in total compared to 2024. &quot;We expect the operating environment to remain challenging in the second half, as the trade situation and related macro effects continue to develop,&quot; said Kyle. &quot;Looking further ahead, we are optimistic about 2026 and are beginning to take steps to position the business to capitalize on an industrial market expansion. Our team is confident in the company&#39;s ability to deliver higher levels of performance and compelling value for shareholders through the execution of our strategy and disciplined capital allocation.&quot; Conference Call Information Timken will host a conference call today at 11 a.m. Eastern Time to review its financial results. Presentation materials will be available online in advance of the call for interested investors and securities analysts.</span></p>