Gardner Denver Investor Presentation June 2017 Disclaimer - PowerPoint PPT Presentation

Gardner Denver Investor Presentation June 2017

Disclaimer Forward-Looking Statements During the course of this presentation, we may make “forward -looking statements” within the meaning of the US federal securities laws. In fact, all statements made during this presentation other than statements of historical fact are forward-looking statements. Words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “intends,” “projects” and “indicates” and variations of such words or similar expressions are intended to identify forward-looking statements. Although they reflect our current expectations, these statements are not guarantees of future performance, and actual results may differ materially from what is expressed in or indicated by these forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in such forward-looking statements, including those risks and uncertainties described under the section titled “Risk Factors” in our prospectus dated May 11, 2017, filed with Securities and Exchange Commission (“SEC”) on May 15, 2017, which risks and uncertainties may be updated from time to time in our periodic filings with the SEC (accessible on the SEC’s website at www.sec.gov). Forward-looking statements speak only as of the date the statements are made. The Company does not undertake to update any forward-looking statements as a result of future developments or new information, except as required by law. Non-GAAP Financial Measures Included in this presentation are certain non-GAAP financial measures designed to supplement, and not substitute, the financial information presented in accordance with generally accepted accounting principles in the United States of America because management believes such measures are useful to investors. Examples of non-GAAP measures include Adjusted EBITDA and Unlevered Free Cash Flow. For a reconciliation of these non-GAAP measures refer to "Adjusted EBITDA Reconciliation" and “Unlevered Free Cash Flow Conversion Reconciliation” in the Appendix. 2

Company Overview & Strategy

Gardner Denver Today An Exciting, Successful Transformation Moving To The Next Phase  Began trading on NYSE under symbol “GDI” on May 12, 2017; up 15% from IPO as of June 12  New, performance-driven management team executing clear strategy A Transformed Company…  Simplified, right-sized and streamlined organization  Achieved 2016 Adj. EBITDA margins >20% across all three business segments  Highly respected brands with 155+ year legacy of breakthrough innovation; broad range of flow control and compression products and related consumables, parts and services …With A Strong  Mission-critical technologies with high cost of failure and low cost relative to overall system Foundation…  Strong aftermarket revenues resulting from large installed base and expansive capabilities  Diversified business with exposure to attractive end markets …Poised to  Sales and profitability improvements driving multiple upside opportunities across segments Capitalize on  Significant investments made; well-positioned to capture incremental growth Recent Growth  Strong unlevered cash flow generation Investments 4

Company Snapshot World-class Flow Control and Compression Business with Leading Market Positions, Geographic and End Market Diversification, Underpinned by Financial Performance 2016 Industrials Energy Medical ($M) $2B 35% 21% Revenue $1,082 $628 $229 Revenue Aftermarket Adj. EBITDA Margin (2016) (2016) (2016) Adj. EBITDA $218 $144 $62 Adj. EBITDA Margin 20.1% 22.9% 27.1% #1 - #3 Asset-light 94% % of Total Revenue 56% 32% 12% Principal Avg. Capex Unlevered Cash Markets 1 ~3% of Sales Flow Conversion 2 Share core technologies and exhibit similar attributes, including mission-critical products and strong recurring revenue 2016 Revenue Breakdown By Segment By Geography 3 By End Market 4 Industrial Manufacturing Medical Energy 16% APAC 25% 12% Transportation 18% 3% Americas Medical Lab 4% 41% Chemical Industrials Energy 5% EMEA Food & Beverage 56% 32% 5% 41% Environmental 24% 9% Mining & Construction 9% Other ¹ Per management estimates; principal markets in which we compete are defined as markets from which we derive a substantial majority of our revenue. 2 Represents unlevered cash flow conversion in 2016A . Unlevered cash flow conversion defined as (Adj. EBITDA less capex plus ∆ in operating working capital) / Adj. EBITDA. 3 Geographic regions are grouped into the Americas; EMEA; and APAC. 4 Classification of end markets for sales made through independent distributors (rather than through direct sales to end market us ers) is based on management’s 5 assessment of the distribution channels through which such sales are made.

Highly Experienced Management Team 45% of Top 100 New to Company; Focused on Executing Strategy to Drive Profitable Growth and Margin Expansion Key Corporate Leaders Vicente Reynal Andrew Schiesl Neil Snyder Mark Sweeney Kimberly Rubottom Vikram Kini Sia Abbaszadeh Cesare Trabattoni Chief Executive Officer General Counsel SVP Strategy, Bus. Chief Accounting Officer VP, Human Resources VP, Finance & VP, Global Product Mgmt. VP, Demand Gen., Industry Experience: 22 Years 22 Years Dev. & Planning : 32 Years 30 Years Investor Relations & Tech., Industrials Industrials 19 Years 13 Years 31 Years 30 Years Key Business Leaders Todd Herndon Gary Gillespie Enrique Viseras Ringo Lai Larry Kerr Vince Trupiano Ankush Kumar Patrick Bennett Chief Financial Officer VP / GM, VP / GM, VP / GM, VP / GM, Petroleum and VP / GM, VP / GM, President, Medical Industry Experience: 29 Years Americas, Industrials EMEA, Industrials APAC, Industrials Industrial Pumps, Energy Nash / Garo, Energy Emco Wheaton, Energy 25 Years 37 Years 17 Years 30 Years 32 Years 30 Years 16 Years Fostering a Culture of Outperformance with an Intense Customer Focus and Bias for Action 6 Source: Company Filings and Company Website

Our Vision and Values We Will Be the Industry’s First Choice for Innovative and Mission -Critical Flow Control and Compression Products, Services and Solutions Through an Intense Customer Focus and Disciplined Performance Culture Steadfast Integrity Customer Focus Global Teamwork Creative Thinking Bias for Action 7

Industrials Segment Overview Focused on Additional Value and Emerging Market Growth Description Key End Markets ▪ Wide range of applications for diverse end markets, including associated aftermarket parts, consumables and services; one of the broadest technology portfolios in the markets we serve Compressors Vacuums Blowers Manufacturing Pharmaceuticals Bottle Blowing ▪ Significant number of manufacturing facilities across industrial sector use air compression, vacuum and/or blower products in a variety of process-critical applications Food Processing Waste Water Transport 2016 Financials 2016 Revenue Mix Geography Composition Revenue $1.1B APAC Adj. EBITDA $218M 18% Americas Aftermrkt. 35% 32% Equip. Adj. EBITDA Margin 20.1% EMEA 65% 50% 8

Industrials Key Takeaways Market Leadership 1 Strong Financial Performance Secular Growth Drivers Leading Platform with Differentiated Organizational Improvements; Increasing Need for Efficiency & Capabilities; Significant Upside Expanded Margins Technology Opportunity    Accelerating growth through innovation , Implemented operational excellence Driven by rebounding GDP and resultant emerging market penetration and smart initiatives & direct material cost programs growth in industrial production activity connected machine software solutions ( sourcing + VAVE ) – early stages  Market need for energy efficiency   Additional upside through disciplined Delayered organization – reduced products driving innovation and new M&A approach in highly fragmented overhead to allow for more agile technologies markets with solid characteristics decision-making while reinvesting in  commercial resources Application solutions and shift to total life cycle cost drives increased recurring  Significant margin improvement with aftermarket record results in 2016 – early stages Segment Adj. EBITDA Margin #1 - #3 $17B 20.1% Principal 17.2% 17.1% Industrial Markets 2014 2015 2016 1 Based on internal company estimates and third-party data for addressable market 9 Principal markets in which we compete are defined as markets from which we derive a substantial majority of our revenue

Energy Segment Overview Significant Investments Made; Well Positioned to Capture Market Recovery Description Key End Markets ▪ Wide range of technologies & applications serving diverse customers across up-, mid- and downstream energy markets as well as petrochemical and other key end markets Drill ‘Mud’ Hydraulic Frac Fluid Loading / Liquid Ring Pumps Pumps Transfer Equip. Vacuum Pumps & Compressors Onshore Drilling Hydraulic Fracturing Fluid Transfer ▪ Significant aftermarket/service component driven by high intensity & harsh environment applications from large installed base Petrochemical Power Generation Geothermal 2016 Financials 2016 Revenue Mix Geography Composition Revenue $628M APAC Adj. EBITDA $144M 17% Aftermrkt. Americas Equip. 47% EMEA 56% 53% Adj. EBITDA Margin 22.9% 27% 10