INVESTOR PRESENTATION Version 08.09.2021 Cautionary Statements

This presentation contains “forward-looking statements,” that is, statements that address future, not past events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as: “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These statements are based on assumptions of future events that may not prove accurate. They are also based on our current plans and strategy and such plans and strategy could change in the future. Actual results may differ materially from those projected or implied in any forward-looking statements. Please refer to our most recent SEC filings, including our 2020 Annual Report on Form 10-K, subsequently filed Quarterly reports on Form 10-Q, as well as our other filings with the SEC, for detailed information regarding factors that could cause or contribute to actual results differing materially from those expressed or implied in such forward-looking statements. We do not undertake to update our forward-looking statements. This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities of Stanley Black & Decker, Inc. (the "Company"). If the Company were to conduct an offering of securities in the future, it would be made under an effective registration statement, and a prospectus relating to that offering could be obtained from the underwriters of that offering or from the Company. Refer to the Appendix included herein for non-GAAP and other financial measures.

INVESTOR PRESENTATION 2 Contents

Contacts Dennis Lange SWK Overview Pages 4 – 28 Vice President, Investor Relations 860-827-3833 2021 Outlook Pages 29 – 31 [email protected]

Tools & Storage Pages 32 – 46 Cort Kaufman Director, Investor Relations Industrial Pages 47 – 55 860-515-2741 [email protected]

Security Pages 56 – 61 Christina Francis Director, Investor Relations SBD Operating Model Pages 62 – 70 (860) 438-3470 [email protected] Appendix Pages 71 – 77 Tandra Hall Sr. Financial Analyst, Investor Relations (410) 832-8993 [email protected]

1000 Stanley Drive New Britain, CT 06053 [email protected]

INVESTOR PRESENTATION 3 A Global Leader With World Class Franchises

STANLEY BLACK & DECKER (NYSE: SWK)

2020 Revenue: $14.5B Market Cap: $32B Cash Dividend Yield: 1.6%

Dividend Paid Consecutively For 145 Years; Increased For Past 54 Consecutive Years

Industrial $2.3B • STANLEY Engineered Fastening • Infrastructure Industrial Tools & Tools & Storage $10.3B Security Storage • Power Tools & Equipment • Hand Tools, Accessories & Storage Security $1.9B • Commercial Electronic Security • Automatic Doors

Vision Known For Innovation Continued Top Quartile Performance Social Responsibility

Market Cap & Dividend Yield As Of Market Close 07/30/2021 $197.05 Dividend Yield Based On 3Q’21 Annualized Dividend & Stock Price As Of Market Close 07/30/2021 INVESTOR PRESENTATION 4 Expanding Geographic Reach

Stanley Black & Decker Segments

Tools & Storage Industrial Security 9% 2% 5% 11% 9% 12% 12% 16%

19% 16% 40%

18% 53% 54% 61% 63%

U.S. Europe Emerging Markets ROW

Diversified Globally With Approximately 60% Of Our Revenues Generated In The U.S.

INVESTOR PRESENTATION 5 Strategic & Financial Objectives

Strategic Framework Our Long-Term Financial Goals Continue Organic Growth Momentum Revenue • ~4-6% Organic • Utilize SBD Operating Model As A Catalyst Growth • ~10-12% Total • Mix Into Higher Growth, Higher Margin Businesses • Increase SBD Weighting Of Emerging Markets • ~10-12% EPS Growth* Be Selective And Operate In Markets Where Financial • FCF ≥ Net Income Performance • Brand Is Meaningful • CFROI In 12-15% Range • Innovation Drives Definable & Sustainable Value Proposition • Global Cost Leadership Is Achievable Pursue Acquisitive Growth Dividend • Continued Growth

• Build Upon Global Tools Platform • Expand Industrial Platform (Engineered Fastening | Infrastructure) Credit • Strong Investment Grade • Commercial Electronic Security Acquisitions [Pending Transformation] Rating

Key Themes: Sustain Above-Market Organic Growth And Margin Expansion

*10-12% Total EPS Growth (7-9% Organically) Excluding Acquisition Related Charges INVESTOR PRESENTATION 6 Global Franchises – Long Term Value Drivers

A Company That Has Built Well Established, Global Franchises… Business Value Drivers • Brands • Innovation In Tools & • Global Scale The Tool Company #1 Storage » Power & Hand Tools To Own » Construction, DIY, Auto Repair & Industrial » Developed & Developing Market Presence

Potential Margin In Commercial • High Value Added Solutions • Recurring Revenue Model Accretion #2 Electronic • CapEx Light Vs. Resi Model Opportunity Longer Security • Global Footprint Term

• Highly Engineered, Value Added Innovative A Global Leader Solutions High Profitability; In Engineered Fastening • Recurring Revenue Model GDP + Growth • Global Scale

…With Asset Efficiency And Customer Level Execution Aided By The SBD Operating Model

INVESTOR PRESENTATION 7 Stanley Black & Decker Value Creation Model

Strong, Innovation-Driven Businesses World Class Brands In Diverse, Global Markets

Attractive Growth Platforms Powered By:

Scalable, Defensible Franchises Long Term Financial Objectives • 4-6% Organic Growth • 10-12% Total Revenue Growth Differentiable Through Innovation • 10-12% EPS Growth* • Outsized, Capital-Efficient Organic Growth • FCF ≥ Net Income • Attractive, Expandable OM Rate • 10+ Working Capital Turns • Outstanding FCF Conversion • CFROI In 12-15% Range

Investor-Friendly Capital Allocation ~1/2 Return Cash To ~1/2 M&A Shareholders

World Class Branded Franchises With Sustainable Strategic Characteristics That Create Exceptional Shareholder Value

*10-12% Total EPS Growth (7-9% Organically) Excluding Acquisition Related Charges INVESTOR PRESENTATION 8 Substantial Long Term Value Creation

We Continue To Perform In The Same League As Elite Industrials

1005%

Peer Group* 756% Average

353% S&P 500

Data From: Dec 2000 – July 2021

Note: Data As Of 07/31/2021; Median Excludes Stanley Black & Decker And S&P 500 TSR Defined As : Total Share Price Appreciation / (Depreciation) Including Any Dividends Reinvested In The Company / Index INVESTOR PRESENTATION 9 *Peer Group Includes DHR, DOV, EMR, GE, HON, IR, ITW, MMM, SPXC, TXT And RTX Our Evolving Operating Model

INVESTOR PRESENTATION 10 Acquisitive Growth

Active Pipeline For Potential Acquisition Targets… Acquisition Criteria Acquisitive Growth Areas • Strategic Fit Tool Industry Consolidation • Organizational Capacity

• Financial Evaluation Industrial Segment Expansion

» Organic Growth & Profitability Consistent With Company Targets

» Accretive Year 1 Excluding Charges Lawn & Garden

» Achieve 12-15% CFROI, Consistent With Our Long-Term Financial Objectives Commercial Electronic Security Pending Transformation » Value Creation Opportunity > Share Repurchase

…Acquisitions Remain An Important Element Of Growth Formula

INVESTOR PRESENTATION 11 Global Brand Power

A Powerful Portfolio Of Well Managed Brands

INVESTOR PRESENTATION 12 Global Brand Support

626 Million 45 Million 1 Million + 24 Billion Global Fan/Followers Reach Website Visits Brand Mentions/Month Global Media Impressions

STANLEY, , B+D, DEWALT And IRWIN Measured In Major Countries For Target Users INVESTOR PRESENTATION 13 Our Approach To ESG

Grounded By Stakeholder Capitalism Rooted In Our Purpose - For Those Who Make The World™

ALIGNED TO WORLD ECONOMIC FORUM FRAMEWORK ENVIRONMENTAL SOCIAL GOVERNANCE Planet People Prosperity Governance Protecting The Planet Furthering Fostering Purpose & Progress Progress At Work Communities Against Key ESG Milestones

OUR 2030 CSR STRATEGY

EMPOWER INNOVATE CREATE A MORE MAKERS WITH PURPOSE SUSTAINABLE WORLD Enable 10 million creators and makers Innovate our products to enhance the lives of 500 Positively impact the environment to thrive in a changing world million people and improve environmental impacts through our operations

INVESTOR PRESENTATION 14 Leading The Charge

ESG FOCUS AREAS Climate Change DEI & Talent Development G o v e r n a n c e

Go Beyond Carbon Neutral By 2030 Racial Equity 10 Point Plan Diverse & Inclusive Board Zero Waste to Landfill Gender Parity Shareholder Rights Sustainable Water Use Skillset Development Risk Management & Oversight

PRODUCT & STRATEGY EXAMPLES Electrification // Circular Design // Product Lifecycle

ADOPTED LEADING STANDARDS HIGHLY RECOGNIZED FOR ESG

ENVIRONMENT REPUTATION DE&I CDP FORBES FORTUNE 3rd Consecutive Year—CDP A List for America’s Best Large Employers Climate Change & Water Security World’s Most Admired Companies America’s Best Employers for Women FAST COMPANY America’s Best Companies for Diversity DOW JONES SUSTAINABILITY INDEX #50 Best Workplace for Innovators 3rd Consecutive Year—World Index CORPORATE EQUALITY INDEX 10th Consecutive Year—North America Index Best Places to Work for LGBTQ Equality

INVESTOR PRESENTATION 15 ESG: Measuring Our Progress

Sustainability Performance Global 2030 CSR Strategy

Exceeded All Five-Year Sustainability Goals Set In 2015 Link: 2020 Online ESG Report

Elevating & Executing On Our Commitment To Corporate Social Responsibility

INVESTOR PRESENTATION 16 Corporate Governance

Board Composition And Governance Features Board Refreshment And Tenure

✓ Independent Chairman Average Tenure Of 6.8 Years ✓ 5 New Non-Management Directors In The Last 5 Years

✓ Balance Of Institutional Knowledge And Fresh Perspective 4 <= 3 years ✓ Key Governance Features: 2 4 - 5 years ✓ Proxy Access 6 > 6 years ✓ Annual Say-On-Pay Vote ✓ Recoupment Policy Relating To Unearned Management Compensation Average Age Of Age Range ✓ Robust Stock Ownership Guidelines For Directors & Management 60.4 50-74 Years Years

Management Incentives Support Our Long-Term Objectives Annual Incentives On Long-Term Incentives On Pre-Established Performance Against: Performance Goals On:

EPS | Cash Flow Multiple | Gross Profit CFROI | EPS | Relative TSR Organic Sales Growth

Corporate Governance Policies That Align The Interests Of Management With Shareholders

As Of March 29, 2021 INVESTOR PRESENTATION 17 Historical Performance

Created World Class Global Franchises…

Revenue ($B) Adjusted EPS* Free Cash Flow ($M)** 2020 FCF Conversion Of ~136%

5% 9% 111% $1,674 2020 Five-Year CAGR 2020 Five-Year CAGR 2020 Five-Year Avg. Conversion%*** $9.04 $14.4 $14.5 $8.40 $14.0 $8.15 $7.46 $1,138 $13.0 $6.53 $1,081 $976

$11.6 $769

2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020

…And Achieved Strong Growth Track Record

*Adjusted Diluted Earnings Per Share Exclude M&A Related And Other Charges. For Full Financial Data And Non-GAAP Reconciliations, Please Refer To Stanley Black & Decker's Fourth Quarter And Full Year Earnings Release Issued On January 28,2021,available at Https://Ir.Stanleyblackanddecker.Com/Events/Eventdetails/Q4-and-fy-2020-stanley-black-decker-inc-earnings-conference-call **Free Cash Flow Prior To 2018 Is Shown As Previously Reported Which Excludes The Impacts From The Q1'18 Adoption Of ASUs 2016-15, Classification Of Certain Cash Receipts And Cash Payments, And 2016-18, Restricted Cash. See Appendix For Reconciliation Of Free Cash Flow. INVESTOR PRESENTATION 18 ***FCF Conversion Excludes Gain On Sale Of Business In 2017 And Tax Charges In 2018 Related To Enactment Of U.S. Tax Legislation. Long Track Record Of Improvement (Return On Operating Assets)

SBD Operating Model Drives Organic Growth, Margin Improvement, Asset Efficiency And Resiliency…

Tariffs & Trade Brexit COVID-19 Referendum Pandemic Eurozone 24.7% 24.2% Debt Crisis 23.7% Bursting Of Ex. Excess The Dot.com Housing Crisis & 21.9% Cash Balance Global Recession 20.3% 20.1% 19.0% 19.1% 17.7% 17.7% 17.3% 16.9% 16.2% 15.0% 14.5% 14.7%

12.6% 12.9% 12.5% 12.9% 11.8% 11.0%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

…Improvement Over Two Decades Best In Class In Industrials & In 90th Percentile Of S&P 1500

Defined As ({ (Net Operating Profit Plus Rent, R&D And Depreciation) X (1- Statutory Tax Rate)} / Invested Capital). Invested Capital Defined As Total Assets Plus 8x Rent Plus 5x R&D Plus Accumulated Depreciation Less Non-Interest-Bearing Current Liabilities Less Goodwill & Intangibles. INVESTORINVESTOR PRESENTATION PRESENTATION 19 Remain A Top Performer (Return On Operating Assets)

Top Quartile Performance Against Industrial Peers…

26% 24% Top Tier Asset Efficiency 22% 21% 21% 20% 20% • High Working Capital Turns

18% 17% 17% 17% 16% • Disciplined Capital Expenditures 14% 14% 13% • Efficient Management Of Cash Balances

Runway For Continued Margin Expansion

• Operating Leverage

• Margin Resiliency

PNR DHR SWK DOV FAST ITW HUBB GWW TT EMR MMM CARR ETN HON CFX

…With A Runway For Further Improvement

2020 Is DEC-20 For All Companies Except EMR (SEP-20). Defined As ({ (Net Operating Profit Plus Rent, R&D And Depreciation) X (1- Statutory Tax Rate)} / Invested Capital). Invested Capital Defined As Total INVESTOR PRESENTATION 20 Assets Plus 8x Rent Plus 5x R&D Plus Accumulated Depreciation Less Non-Interest-Bearing Current Liabilities Less Goodwill & Intangibles. Cash Flow Return On Investment (CFROI)

Maintained Target Levels While Resuming M&A…

CFROI SWK CFROI Trend

Target Range 12-15% Definition: 16% 16% (Cash From Operations + After Tax Interest Expense) 14% 14% 2 Point Average Capital (Debt + Equity) 12%

• Cash Based Measure Of Value Creation • Ties Our Strategic Focus To Returns • Included In Long-Term Compensation Program

2016 2017 2018 2019 2020

…Focused On Building Long-Term Shareholder Value

2017 and 2016 CFROI is shown as previously reported which excludes the impacts from the Q1’18 adoption of ASUs 2016-15, Classification of Certain Cash Receipts and Cash Payments, and 2014-09, Revenue from Contracts with Customers INVESTOR PRESENTATION 21 Balance Sheet & Long-Term Capital Allocation Strategy

Maintain A Hybrid Model: A Company Focused On Growth…

Balance Sheet2018 Actual - 2020 Actual Capital Allocation Strategy Free Cash Flow ($M) $1,674 • Continue To Invest In Our Core Franchises | Capital Expenditures ~3.0-3.5% Of Net Sales Book Debt/EBITDA 2.1x • Long-Term Capital Allocation Strategy Is To Return ~50% To Book Debt/Capital 28% Shareholders Through Dividends & Share Repurchases Target ~2.0X Debt To EBITDA • The Remaining 50% Of Excess Capital Will Be Deployed Towards Acquisitions SWK CreditSWK Credit RatingRating (LT | ST)

S&P: A | A1 Moody’s: Baa1 | P2 Dividend Policy Fitch: A- | F1 • Committed To Continued Dividend Growth Remain Committed To Strong Investment Grade Credit Rating • Target Payout Ratio: 30-35%, Consistent With Peers …That Returns Approximately 50% Of Its Excess Capital To Shareholders

INVESTOR PRESENTATION 22 Looking Ahead

Well Positioned With Significant Growth Catalysts

SECULAR Reconnection With eCommerce Electrification Health & Safety DRIVERS The Home & Garden

GROWTH ACCELERATOR A POWERFUL TOOLS & STORAGE GROWTH FORMULA:

COMMERCIALIZATION INNOVATION BRAND Global eComm BRAND Across 4 Major POWER TOOLS // HAND TOOLS // ACCESSORIES // STORAGE CATALYSTS Product Categories And 4 Major CONSUMER / DIY AUTO REPAIR Customer Segments CONSTRUCTION INDUSTRIAL

Margin Resiliency $300 - $500M Opportunity Over Next 3+ Years Price & Margin Next Generation Supply Chain & Indirect Cost & Functional Excellence Procurement Industry 4.0 Excellence Center Of Excellence To Deliver Standardized Integrated Data Structure, AI & Robotics To Enable Accelerating Make Where We Sell & Digitizing The Improve Efficiency & Effectiveness Of Indirect Digital Tools & Processes Flexible, Agile Procurement Factory Floor To Drive Productivity, Efficiency & Spend While Delivering Sustainable Cost Optimize Footprint Reductions

Continuing To Position Company For Above Market Growth With Operating Leverage

INVESTOR PRESENTATION 23 Electrification: We Have A Significant Growth & ESG Opportunity

Electrification Supports Carbon Reduction And Is A Multibillion Dollar Growth Opportunity

ELECTRIC VEHICLES OUTDOOR PRODUCTS

Electrification Drives 3x To 6x Higher Content $ Potential SBD + MTD = Best Position In The World To Achieve Per Vehicle

EV & Hybrids Are Forecasted To Be The Majority Of Vehicle ~$25B Global Outdoor Products Equipment Production In 2026

Internal Combustion (ICE) Vehicle Electric & Hybrid-Electric Vehicle SMOG-FORMING POLLUTION FROM Parts SBD Average Content SBD Projected Content LAWN & GARDEN EQUIPMENT VS. CARS 15% 10% Battery $10 Per Car $30 - $60 Per Car 12% 63% Electric 1 hour gas-powered = Driving 300 miles lawn mower use from LA to Vegas Gas

G R O W T H vs MARKET

1 hour gas-powered Driving 1,100 miles CORDED CORDLESS/ GAS leaf blower use = from LA to Denver BATTERY ELECTRIC

Source: California Air Resources (CARB)

INVESTORINVESTOR PRESENTATION PRESENTATION 24 MTD Opportunity

2020 MTD Financials – Top & Bottomline On Leveraging Our Brands & Partnership In 2021 With A Host Of New Products Track With Expectations ~$2.6B ~6% Revenue Operating Margin Unique Deal Structure Increases Presence In $25B+ Outdoor Power Equipment Industry Outdoor Power Deal Structure Equipment Industry 10%-15% Battery Powered 11x 5.5x Riding Mower Push Base EBITDA EBITDA Growth

22% Mower 15% Parts 15% 7-8x 21% Handhelds All-In Multiple 12% Other** 15% Pressure Washers Accelerating Growth Opportunities

Electrification Brand & Professional & Autonomous Channel Supports >$100M* Organic Growth For SWK In 2021 Bringing The Vision To Life In 2021

*Includes Organic Volume & License Revenue | Excludes MTD Volume Growth ** Includes Snowblowers, Tillers, Etc. INVESTOR PRESENTATION 25 SBD And MTD Partnership - Highly Complementary Capabilities

Two Industry Leading Companies... Dealer Channel (Professional Global Sales Distribution) Manufacturing (Worldwide Expertise Electrification Distribution) (Local Footprint) (Batteries, Motors & Modules)

Engineering Expertise (Grass Cutting Leading Brands & Snow) (Partnered with (World Class Robotics Large Retailer) Processes) Expertise (Consumer & Professional) …Together Developing World Class Technical & Commercial Capabilities

INVESTOR PRESENTATION 26 OPG And MTD Growth Journey Over Next 36 Months

Clear Strategies To Drive OPG + MTD Organic Growth And Share Gain… Lead Large Format Customer Independent Parts & Gas & Electric Partnerships Dealer Channel Accessories A Complete Gas Lineup To Meet Global Retail & Expand Into Higher-End Lawn & Further Penetrate ~$4B Global The Needs Of The Pro eCommerce Alignments Garden Professional Products OPE Parts & Accessories Category + + SBD/MTD Collaboration on Assess Existing Network, Dealer Improve Channel & End User Electrification of Large Format + Productivity & Value Proposition Experience Through P&A Support Professional + Service Focus Commercialization Excellence Superior Quality Dealer Channel Strategy Robust Distribution

To Deliver Cordless Large Format Enabling Consumer Drive Dealer Coverage, Composition Unique Value Proposition Delivering Solutions For All End-Users Reconnection With Lawn & Garden And Performance Margin Accretive Growth … Supported By Secular Trends In The Lawn & Garden Industry

INVESTOR PRESENTATION 27 Why Invest In Stanley Black & Decker?

POWERED BY PURPOSE BUILT TO LAST

World Class Businesses With A Track Record Of Performance Defined Path For Growth & Margin Expansion Security eCommerce Reconnection With Electrification The Home & Garden Health & Safety

A POWERFUL TOOLS & STORAGE GROWTH FORMULA:

COMMERCIALIZATION INNOVATION BRAND BRAND Across 4 Major POWER TOOLS // HAND TOOLS // ACCESSORIES // STORAGE Product Categories

And 4 Major CONSUMER / DIY AUTO REPAIR Customer Segments CONSTRUCTION INDUSTRIAL

With An ESG Orientation Global eComm Global 2030 CSR Strategy

Strong Free Cash Flow* & Shareholder Return

FCF Dividend

Vision Continue Delivering Top-quartile Be Recognized As One Of The Elevate Our Commitment To Financial Performance World’s Most Innovative Companies Corporate Social Responsibility

*For Full Financial Data And Non-GAAP Reconciliations, Please Refer To Stanley Black & Decker’s Fourth Quarter And Full Year Earnings Release Issued On January 28, 2021, available at https://ir.stanleyblackanddecker.com/events/event-details/q4-and-fy-2020-stanley-black-decker-inc-earnings-conference- INVESTOR PRESENTATION 28 call 2021 OUTLOOK 2021 Guidance

Expect ~16%-18% Organic Growth And EPS Of $11.35-$11.65*, Up 26%-29% Versus Prior Year... • EPS: 2021 GAAP EPS $10.80 - $11.20 | 2021 Adjusted EPS* $11.35 - $11.65 Tools & Storage • Organic Growth: FY Range: +16% To +18% Organic Growth Margins Low-20’s Positive Y-O-Y • Cost Structure Considerations: $125M In Net Cost Savings Carryover | P&L Inflation Headwind ~$300M | FX Tailwind ~$45M Industrial • Other Items: Other, Net: ~$240M | Interest ~$180M | Pretax M&A And Industrial Other Charges $85M - $110M Organic Growth Margins Low To Mid Positive Y-O-Y Single Digits • Shares: ~161.5M

• Tax Rate: ~15%, Flat VPY Security • Free Cash Flow: Expected To Approximate Net Income (GAAP) & CapEx Organic Growth Margins ~3%-3.5% Of Sales High-Single Relatively Flat Other Digits • 3Q EPS*: ~21.5% Of FY’21 Earnings

…And Free Cash Flow To Approximate GAAP Net Income

* Excludes M&A Related & Other Charges Noted Above INVESTOR PRESENTATION 30 Currency Impact

Currency Tailwinds Due To Weaker USD…

Currency Trends Vs. USD (12/31/19 – 7/02/2021) Hedging Approach 20% 4% 5% 6% (21%) 7% ‒ Hedge Key Currency Exposures 15% (CAD, EUR, GBP, & AUD, Among 10% Others) 5% ‒ Intent Is To Dampen Volatility 0% And Allow Time For Business Teams To Mitigate Fluctuations -5% With Cost & Price Actions -10% -15% Estimated 2021 OM Annual Impact -20% ‒ CAD 1% Move: $2.9 - $3.9M -25% ‒ EUR 1% Move: $3.8 - $4.8M -30% ‒ GBP 1% Move: $1.0 - $2.0M -35% ‒ BRL 1% Move: $1.1M - $2.1M ‒ AUD 1% Move: $0.4 - $1.4M

…With Total FX OM ~$45M Favorable To Prior Year

INVESTOR PRESENTATION 31 TOOLS & STORAGE Tools & Storage 2020 Revenues: $10.3B

Power Tools | $6.1B Hand Tools Accessories & Storage | $3.6B Outdoor Equipment | $0.6B

Revenue By Region 2020 Results

Revenue Profitability Working Capital Turns 9% 12% $10.3B 18.3% Profit Rate* 11.5T 16% 4% Organic Growth +260 Bps VPY

63% 5 Year Scorecard

New Product Overview Revenue Growth Development U.S. Europe Combined CDIY + IAR Business & +8% Revenue CAGR ~$4B Gross Emerging Markets ROW Integrated Acquisitions Worth Over $1B (Craftsman, Irwin/Lenox Brands) +6% Average Organic Growth ~$2B Incremental

The World’s Largest Tool Company…Well Positioned For Sustained Growth

* Adjusted Operating Profit excludes M&A related and other charges. For full financial data and non-GAAP reconciliations, please refer to Stanley Black & Decker's fourth quarter and full year earnings release issued on January 28, 2021, available at https://ir.stanleyblackanddecker.com/events/eventdetails/q4-and-fy-2020- stanley-black-decker-inc-earnings-conference-call INVESTOR PRESENTATION 33 The World’s Leading Tool Company

A POWERFUL TOOLS & STORAGE GROWTH FORMULA:

COMMERCIALIZATION INNOVATION BRAND

Across 4 Major POWER TOOLS // HAND TOOLS // ACCESSORIES // STORAGE Product Categories

CONSUMER / DIY AUTO REPAIR And 4 Major Customer Segments CONSTRUCTION INDUSTRIAL

INVESTORINVESTOR PRESENTATION PRESENTATION 34 Accelerating Core Growth With Strategic Investments

eCommerce Core Programs Innovation

Total Trade Solutions Growth Initiatives Global Expansion PTG

INDUSTRIAL COMMERCIAL IRWIN | LENOX | 2-Step CONSTRUCTION Investing New Business World Class EMERGING Black + Decker +$75M Models Content (RENEWABLE) DEWALT 20V System

DEWALT FLEXVOLT New Talent Customer Expanded TRANSPORTATION INFRASTRUCTURE +400 Loyalty Assortment End To End Digital Brand Strength Solutions

KEY PROCESSES ARTIFICIAL INTELIGENCE HTAS

BUSINESS INTELIGENCE DATA ANALYTICS e-Category Scale Global Distribution & Captain Marketplaces Fulfillment Investing +$175M Over Three Years

Investing In Our Internal Capabilities To Drive Sustained Growth And Market Share

INVESTOR PRESENTATION 35 2020 Market Position*

Global Market Share Leader For 11 Straight Years And Running

GTS Global Served Market Size ~$67B GTS Global Served Market Share

15%

10%

5%

0% TTI Bosch Snap On Hikoki Private ITW Label

*Other Brands Not Displayed Accounting For ~43% Of Total Tools Market Experienced Declines in 2020

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Share 2010 Positioned Well For Continued Market Share Leadership In 2021

INVESTOR PRESENTATION 36 Mission: Driving Organic Growth

To Be The WORLDWIDE LEADER (#1 Or #2 Position) In Defined Market Categories In Which Our Products Compete Through:

Supply Chain World-Class Innovation Globalization Brand Building Excellence Organization

From $600M Company To $10B Diversified Tool Industry Leader

INVESTOR PRESENTATION 37 Vision

Key Pillars: CUSTOMER EXTREME NEW GLOBAL OBSESSION INNOVATION GROWTH

Enabled By: PEOPLE TECHNOLOGY Diversity, Equity Digital & & Inclusion Data Solutions

Diversity, Equity & Inclusion INVESTOR PRESENTATION 38 Brand Positioning

HPP

MPP

OPP

Consumer Tradesman Professional Automotive / Industrial

INVESTOR PRESENTATION 39 Diversified Innovation Fueled By Customer Insights

Application-Based Innovation Lifestyle Products & Solutions

“I need to work in “I need more tight spaces for solutions to fit long periods of my lifestyle.” time.”

Cordless & High-Powered Solutions 40+ Innovation Technology & Digital Solutions

“I need a Awards Since “Technology is changing powerful, the way I do my job. I cordless Q1 2020 need tools that will platform.” change with me.”

Safety

“I need a safer jobsite.” Tethered Tools

22,000 New Products Launched Over 3 Years @ >35% Vitality Rate

INVESTOR PRESENTATION 40 Investments In Technology

Electrical Charging Digital

Motors & Electronics Faster Speed Asset Tracking

Battery Cells Multiple Batteries

Most Comprehensive Loss Most Power Dense Cordless Broadest Range Of Charging Prevention Solutions Solutions In The Industry Solutions In The Industry In The Industry

INVESTOR PRESENTATION 41 Applying Technology Across Our Cordless Platform

Smaller Smarter Stronger

Body Grip Tools 20V Core Tools 20V Expansion Tools High Power Tools

POWER

INVESTOR PRESENTATION 42 DEWALT Wave Of Innovation

2011 125+ New Products Power Of Cordless Freedom With The Largest PRO Tool Brand In The World

INVESTOR PRESENTATION 43 Cordless System

30 85 Coming Tools Tools Soon

Fastest Growing Brand In The Industry… $1B+ In Power Tools

INVESTOR PRESENTATION 44 Hand Tools, Accessories & Storage Opportunities

$4B Global Business… #1/#2 In $25B Addressable Market 22+ Categories

THREE KEY AREAS OF FOCUS TO SERVE EVERY END USER, JOB SITE & AUTO SHOP IN THE WORLD:

Elite Construction Cutting Own The Toolbox Mechanics Tools Of The Future

State Of The Art Materials, Coatings And Unmatched Cutting Durability Serving The Storage For Every Tool That Does The Job Geometry To Capture A Vast End User Market World’s Toughest Jobsites

100+ Year Innovation Legacy | 35% New Product Vitality

INVESTOR PRESENTATION 45 eCommerce Hypergrowth Is A Key Strategy

People E-Captain Capabilities .Com Acceleration Advanced Analytics Premium B2B Advanced Fulfilment & +400 Content Platform Analytics Customer Service

CORE New Talent ACCELERATION Partner Of First Call Superior Insights

Global Marketplaces Direct To Consumer Pro Consumers

+

MARKETS EXPANDED Germany North America

Accelerate In China Black + Decker Revitalization Commercial Partnerships Exponential

Strengthen Brand Equity Focus

STRATEGIC STRATEGIC Omni Channel GTM Growth

High Growth Segment Evolved Design & Categories

Investment Across Our Key Pillars Continues To Drive Market Share

INVESTOR PRESENTATION 46 INDUSTRIAL Engineered Fastening Infrastructure Stanley Industrial Overview

$2.3 BILLION - DIVERSIFIED INDUSTRIAL SEGMENT • Highly Engineered B2B Businesses • Ability To Differentiate Through Innovation • Underpinned By Trusted Brands • Leveraging Functional Expertise • Deep Domain Knowledge & Customer Intimacy • Best Practice Sharing & Professional Development

Automotive Industrial Attachment Tools Aerospace Oil & Gas Engineered Fastening Engineered Fastening CAM

$825M $645M $410M $245M $225M

VISION MISSION OUR PURPOSE

A Global Leader of Highly The #1 Innovation Catalyst & Solution Engineered, Application Based Partner For Industrial Customers For Those Who Make Solutions, Where Safety, Reliability & A Scalable, Profitable, High Performing The World Advance Productivity Are Critical Industrial Segment

Platform Of Highly Engineered B2B Businesses, Underpinned By Trusted Brands

INVESTOR PRESENTATION 4848 Industrial Portfolio Transformation

2017 Revenue - ~$2.0B 2020 Pro Forma Revenue* - ~$2.4B

14% 12% 10% 7% 34% 52% 17% 27% 27%

Automotive General Industrial Attachment Tools Oil & Gas Aerospace & Defense

Diversifying Industrial End Market Exposure Through Acquisitive Growth

*2020 Actual Revenue Plus $50M Pro Forma Impact From CAM INVESTOR PRESENTATION 49 Engineered Fastening Business Overview

2020 Revenue*: ~$1.8B Global Fastener Market - $85B

Geographic* End Market* 7% Automotive 19% Asia Americas Industrial 24% 27% 20% 37% 10% ~$29B 47% 51% 20% Value Add Market Segments 22% Europe 16% General Industry Electronics Automotive Construction Aerospace Aerospace Medical Our Competition

Fasteners:

Tools & Fasteners:

Most Extensive Portfolio Of Assembly Technology & Engineered Solutions

*2020 Actual Revenue Plus $50M Pro Forma Impact From CAM INVESTOR PRESENTATION 50 Engineered Fastening Advantage

To Be The Worldwide Leader In Highly Engineered Products Vision With Opportunities To Grow Organically & Through Acquisitions

Engineering Capabilities Leading Industry Technologies Inorganic Growth Strategy

Enhance The Core

New Fastening Markets & Technologies

Build Regional Scale

Think Global… Act Local Global Scale Multi-Vertical Platform M&A Adjacencies

Diverse Engineered Components Business Disrupt The Core

Patented New Materials

INVESTOR PRESENTATION 51 Customized Value Proposition

Global Leader In Technology-Based Fasteners + Systems With Data & Analytics Capabilities…

Product Design Fastener Design IoT Enabled Common Systems Platform Analytics Insights

Helping Our Customers Achieve: Cost Efficiencies ● Improved Quality ● Lower Warranty Cost Reduced Inventory ● Increased Output ● Safety Critical Complete Assembly Solution For All Our Market Segments

…And A Recurring Revenue Model Over The Life Of The Program

INVESTOR PRESENTATION 52 Addressable Market Increases Significantly For EV vs ICE

Internal Combustion (ICE) Vehicle - Average Content Fully Electric & Hybrid Electric Vehicle - Projected Content

Common Applications To ICE & EV $9.5/car Chassis / BIW Interior Trim Exterior Trim Low Voltage Wiring Auto Electronics $15/car

$30-$60/car $10/car

Eliminated Added

Fuel & Exhaust Cooling Battery On board System Systems System Charger ICE EV $0.5/car $15-$50/car Inverters & High Voltage E Motor & Engine Only Only Converters Wiring Controller

Electrification Drives 3x to 6x Higher Content $ Potential per Vehicle

Electrification Drives 3x to 6x Higher Content $ Potential per VehicleINVESTOR PRESENTATION 5353 Electrification Opportunities In STANLEY Industrial

SEGMENTS FOCUS AREAS WHY WE WIN

ELECTRIC BUS & TRUCK • Extensive Customer Relationships Chassis Applications • Auto–Industrial Platform $400M 12% EV Tier Suppliers ‘20 Market CAGR • Local Manufacturing Footprint

ELECTRIC TWO WHEELER • Supplier: 20+ Critical Components Wire Harness Mgmt. • Supply Top 7 Two-Wheeler Makers $75M 9% Battery System • India Manufacturing Presence ‘20 Market CAGR

ENERGY STORAGE Li Ion Cell • Design Partnership • Google & Amazon DC Leading Supplier $250M 17% Grid Storage OEMs ‘20 Market CAGR • $2M content at Li Ion Cell Level

Well Positioned In Attractive Adjacencies With Strong Growth

INVESTOR PRESENTATION 54 Infrastructure 2020 Revenues: $635M

Oil & Gas Attachment Tools $225M $410M • A Niche Market Leader In Oil & Gas Infrastructure & Integrity • Provider Of Tools For Applications That Build And Maintain The Services World’s Infrastructure • A Global Service Company Combining Equipment, Technology, • Leader In Specialized Attachments For Off-Highway Construction And Field Services To Deliver A Proven Pipeline Construction Equipment Process Boosting Efficiency, Reliability, And Productivity • IES Attachments Acquisition In 2019 Broadened Offerings & Scale • Comprehensive Product Offerings With Proprietary Technology Of Attachment Tools Business → Platform For Growth • 2020 Business Mix: ‒ ~50% Onshore, ~20% Offshore, ~30% Inspection

Paladin Sweeper, Legend Series Shear Stanley MB10 Bucket, & Fork Jobsite Intelligence

NE RAY X Onshore Pipeline Installation Wind Turbine Inspection Digital Radiography

INVESTOR PRESENTATION 55 SECURITY Stanley Security

2020 Financials Vision Building A Safer, Healthier, & More Efficient World ~$1.9B ~10% Business Units Revenue Adjusted COMMERCIAL ELECTRONIC SECURITY (2020 Revenue ~$1.4B) Operating Margin* Deliver Consistent, Profitable Growth Through Innovation, Advanced Analytics & Cost To Serve Revenue Mix Geographic End Market Electronic Security DOOR AUTOMATION (2020 Revenue ~$300M) 2% 5% 21% 24% Develop & Commercialize Market Leading Smart Access

5% 39% Building Solutions With Predictive Maintenance 57% 6% 40% 53% 19% 9% 4% 16% HEALTHCARE SOLUTIONS (2020 Revenue ~$150M)

Retail Commercial Install Create Organic Growth Engine Through Technology U.S. Healthcare Government Product Europe Offerings Across Hospital, Senior Living And Home Emerging Markets Residential Infrastructure Recurring ROW Other For Those Who Make The World Safer, Caring & Accessible

*Adjusted Operating Margin excludes M&A related and other charges. For full financial data and non-GAAP reconciliations, please refer to Stanley Black & Decker's fourth quarter and full year earnings release issued on January 28, 2021, available at INVESTOR PRESENTATION 57 https://ir.stanleyblackanddecker.com/events/eventdetails/q4-and-fy-2020-stanley-black-decker-inc-earnings-conference-call Healthcare & Access Technologies Growth

Stanley Healthcare Stanley Access Technologies

Hospital Senior Living Health@Home #1 In North America Automatic Doors • Fragmented NA Healthcare Space ~$8B • #1 In NA Automated Door Market (~$1B) • New Management & Commercial Team With Significant • Commercializing Innovative New Products For Retail & Healthcare Experience Healthcare Applications • Leader In RTLS, Infant & Wander Management • Focusing On Service Growth Initiatives • Empowering Caregivers By Improving And Optimizing • Developing Digital Tools & Solutions To Enhance Service Environments Of Care Delivery Model & Grow Customer Value

Empowering Caregivers Leader In Smarter Building Access Solutions

INVESTOR PRESENTATION 58 Electronic Security Overview

Market Landscape Key Value Drivers

• $25B Global Commercial Electronic Security Services • Technology Which Delivers Innovative Data Solutions & Market & Growing 3-5% Annually New Recurring Revenue Offerings

• Highly Fragmented W/ Top 15 < 20% Share • Simple, Standard & Repeatable Offerings With A • New Entrants & Traditional Security Commoditizing Seamless Digital Experience

• World Class Service Delivery & Execution Across Customer Multi-Site Locations

• Consolidation Opportunities With Proven Economies Of Traditional Security Technology New Entrants Scale Ecosystem

Growing End Market With Technology As Key Differentiator As Disruption Continues

INVESTOR PRESENTATION 59 Disruptive Innovation: Health, Safety & Security

Back To Cloud Hosted Touchless Contact Tracing | Asset Work Video Doors Management

Buildings Workflow Leveraging Video As Seamless User Building Confidence In Management Platforms The Verifier Experience Safety For Everyone

In Today’s Environment, Hosting Video On The Cloud Renewed Value Proposition Companies Need Solutions Helps With A Leaner Setup Leveraging Health & Safety Improving Confidence In To Ensure Their Workplace And Lower Maintenance, To Automate Interior Doors Workplace Safety In Markets Stays Secure & Safe And Flexible Remote Access, Within Priority Segments Of Like K-12, Manufacturing, Their Policies Are Being Resilient & Cyber Secure, Healthcare, Education And Universities & Corporations Followed Rapid Scalability Office Buildings

Opportunities Support Consistent Organic Growth & Share Gains

INVESTOR PRESENTATION 60 Financial Resiliency As A Health, Safety & Security Company

Capitalizing On Market Shifts Organic Growth & Operating Margin*

Uniquely Suited To Meet Customer Demand For Cloud Based Health, Safety & Security Solutions And Advanced Analytics 15%+ Extreme Innovation ~10% Leveraging Existing Footprint & Innovative Ecosystem To ORGANIC Accelerate Growth High Single Digits +4-6% CAGR GROWTH

Performance Resiliency 2021 OM% Long-Term OM% Business Transformation & Agile Crisis Response Driving Estimate Objective Scale Through Innovation Financial Objectives Remain Unchanged

Positioned For Accelerated Growth & Margin Expansion

*OM Improvement Excludes Future Acquisitions, M&A Related And Other Charges, INVESTOR PRESENTATION 61 And Assumes A Stable Input Cost Environment

Operational Excellence: SFS & Customer-Focused Service

SFS Delivers Breakthrough Value To The Customer As Well As High Asset Efficiency…

2020 FCF Conversion Operational Excellence

~136% 135% 129% Customer-Driven Service Metrics

SWK Industrial Security Agile Supply Chain Peers Peers 2020 WCT

Lean/Industry 4.0 10.4

Make Where We Sell 6.3 6.7

10+ WCT

SWK Industrial Security Peers Peers

…Industry 4.0 Adoption To Enhance Capability & Support “Make Where We Sell” Strategy

FCF Conversion Defined As (Cash from Operations – CapEx) / Net Income | Source: Bloomberg Peers: FCF Conversion / WCT: Ind.- DHR, ETN, ITW, IR, MAS, NWL, SNA, SHW; FCF/WCT: Sec. - ASSA, HON, SIE, JCI, DBD INVESTOR PRESENTATION 63 Technology Solutions

AI & Machine Learning Robotics

• Yield Optimization • Eliminate Repetitive Tasks • Predictive Algorithms • Real Time Fault Detection & • Pro-active Maintenance Work Resolution Connected Factory

Digital Apps Digital Twins

• Guided Digital Work • Remote Problem Solving Expertise From Remote Experts • Benchmarking & Optimization

Prioritized Technology Solutions To Deliver Maximum Value

INVESTOR PRESENTATION 64 Stanley Production System

Our Industry 4.0 Journey Has Accelerated Due To Our COE & Data Capabilities…

Connecting Our Factories… One Standard… Transformed With Automation… Traditional Apps & Data Sources

Proprietary Performance Apps

AI-Based System Driving Real- Time Value Realization …To Capture The Data …Based Upon Lean Workflow …Fueling “Make Where We Sell”

…Accelerating Our Strategy To Deliver Breakthrough Operations Performance

INVESTOR PRESENTATION 65 Strong Track Record Of Proven Results

Working Capital Turns

10.6 10.6 10.4 Sustain 10+ 9.8 Long-Term 9.2 9.2 9.1 8.6 8.8 7.9 7.8 8.1 7.3 5.9 5.9 5.3

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

WCT for years prior to 2017 are shown as previously reported which excludes the impacts from the adoption of New Revenue Recognition Standard INVESTOR PRESENTATION 66 Margin Resiliency Value Pools

Our Capabilities Have Been Firmly Established In These 4 Focus Areas…

Price & Margin Next Generation Supply Chain & Indirect Cost & Functional Excellence Procurement Industry 4.0 Excellence Center Of Excellence To Deliver Integrated Data Structure, AI & Accelerating Make Where We Improve Efficiency & Standardized Digital Tools & Robotics To Enable Flexible, Agile Sell & Digitizing The Factory Floor Effectiveness Of Indirect Spend Processes Procurement To Drive Productivity, Efficiency While Delivering Sustainable Cost & Optimize Footprint Reductions

Process Technology Data Embedded Standardization Deployment Analytics Best Practices

…And Serve As Foundation Of Our $100-$150M Of Annual Margin Opportunity

INVESTOR PRESENTATION 67 Lifelong Learning

Individual Enterprise

Essentials New skills Culture of lifelong 15% of jobs will be new, learning e.g. UX designer

Up-skilling Spirit of 55% of jobs will involve experimentation new content, e.g. and innovation Marketing

Building new Re-skilling organizational 30% of today's jobs will capabilities disappear, e.g. mailman

Embracing New Ways Of Learning As Talent & Technology Transform Our Future Work & Skillsets

INVESTOR PRESENTATION 68 Extreme Innovation: Our Ecosystem

3X Market Cap Growth 2.6X Revenue Growth

Innovation Ecosystem Expanding At An 1 Of Only 2 Companies That Qualified As High- Impressive Rate leverage Innovators Over 15 Years

INVESTOR PRESENTATION 69 Extraordinary Customer Experience

Rapid Changes In Technology & Information Are Changing How We Engage With Our Customers…

Commercial Personalized Distinctive Products & World Class Excellence Execution Brands Solutions Service

…Embedding Creative & Deliberate Best In Class Customer Experiences To Drive Profitable Growth

INVESTOR PRESENTATION 70 APPENDIX Non-GAAP & Other Financial Measures

This presentation also contains non-GAAP and other financial measures, including free cash flow, working capital turns and cash flow return on investment (“CFROI”). Free cash flow is defined as cash flow from operations less capital and software expenditures. Management considers free cash flow an important indicator of liquidity, as well as its ability to fund future growth and to provide a return to shareholders. Free cash flow does not include deductions for mandatory debt service, other borrowing activity, discretionary dividends on the Company’s common and preferred stock and business acquisitions, among other items. Free cash flow conversion is defined as free cash flow divided by net income. Working capital turns are computed as annualized sales divided by working capital (accounts receivable, inventory, accounts payable, and deferred revenue). Management considers working capital turns important as it measures how efficiently working capital is being used to generate sales. CFROI is defined as cash flow from operations plus after-tax interest expense divided by a 2-point average of debt and equity. CFROI is considered important as it is a cash-based measure of value creation that ties our strategic focus to returns. Reconciliations of non-GAAP measures are provided in our quarterly and annual SEC filings announcing financial results and may be found in this appendix. We believe that this information may be informative to investors.

INVESTOR PRESENTATION 72 Reconciliation Of FCF & EBITDA

Free Cash Flow EBITDA

2020 2019 2018 2017* 2016* (MILLIONS OF DOLLARS) 2020 2019

Net earnings before equity interest $ 1,226 $ 969 Net Cash Provided By Operating Activities 2,022 1,506 1,261 1,419 1,485 Interest income (18) (54)

Less: Capital And Interest expense 223 284 Software Expenditures (348) (425) (492) (443) (347) Income taxes 41 161 Free Cash Flow 1,674 1,081 769 976 1,138 Depreciation and amortization 578 560

EBITDA $ 2,050 $ 1,920 Pre-tax acquisition-related charges and other 400 363 Adjusted EBITDA $ 2,450 $ 2,283

*Free Cash Flow is shown as previously reported which excludes the impacts from the 2018 adoption of ASU 2016-15, "Classification of Certain Cash Receipts and Cash Payments" and ASU 2016-18, "Restricted Cash” INVESTOR PRESENTATION 73 End Markets

Estimates Based On 2020 Revenues*

End Market Security Industrial Tools & Storage SWK

Existing Residential / Repair / DIY 1% 0% 37% 26% New Residential Construction 5% 0% 31% 22% Non-Resi. / Commercial Construction 9% 0% 17% 13% Industrial / Electronics 10% 27% 7% 11% Retail 24% 0% 2% 5% Automotive Production 1% 34% 0% 6% Automotive Aftermarket 1% 0% 5% 4% Healthcare 16% 0% 0% 2% Government 9% 0% 0% 1% Infrastructure 5% 27% 0% 5% Financial / Banking 0% 0% 0% 0% Education 3% 0% 0% 0% Other 16% 12% 1% 5% Total 100% 100% 100% 100%

~30% Exposure To U.S. Residential Construction (~1/2 Existing/Repair/DIY, ~1/2 New) ~8% Exposure To U.S. Commercial Construction

*2020 Actual Revenue Plus $0.1B Pro Forma Impact From CAM Comm. Const. Includes Non-Retail, Office Buildings, Arenas/Stadiums, Hotels, Resorts, Cinemas, Etc. Industrial Includes Manufacturing, Utilities, Distribution, Power, Rail, Oil & Gas, Etc. INVESTOR PRESENTATION 74 Infrastructure Includes Pipe Construction And Services & Equipment Other Includes Logistics & Transportation, Hospitality Portfolio Transformation

~$11B Has Been Invested In Acquisitions Since 2005 To Advance Growth Opportunities Tools & Storage Security Purchase Purchase Year Company Year Company Price ($M) Price ($M) 2005 National $170 2007 HSM $545 2006 Facom $480 2008 Sonitrol $275 2011 / 2012 CribMaster / Lista N.A. $120 2008 GdP $165 2012 Powers $220 2011 $1,200 2012 / 2013 Tong Lung, Bajaj, GQ, Emirian (GEM) ~$100 2012 AeroScout $240 2017 Craftsman Brand ~$935 2016 - 2018 Various Bolt-On Security Acquisitions $245 2017 Newell Tools $1,860 2019 MTD Products (20% Equity Investment) $235 Industrial Purchase Year Company Divestitures Price ($M) Purchase 2010 CRC-Evans (Infrastructure) $445 Year Company Price ($M) 2013 Infastech (SEF) $850 2012 HHI (Security) $1,400 2018 Nelson Fastener Systems (SEF) $425 2017 Mechanical Security Businesses (Security) $725 2019 IES Attachments (Infrastructure) $655 2020 Consolidated Aerospace Manufacturing (SEF) $1,400

INVESTOR PRESENTATION 75 Material Spend

Direct Material Spend Components Finished Goods

2020* ($M)

Finished Goods $1,850 33%

Components 2,400 43%

Steel 500 9%

Resin / Plastic Moldings 470 8%

Packaging 240 4%

Base Metals 140 3%

$5,600

Top Three Raw Material Exposures (Finished Goods + Direct + Components) 1. Steel 2. Resin 3. Packaging

For Directional Analysis Only *Raw Material Spend Includes Conversion Costs INVESTOR PRESENTATION 76 Liquidity

Near Term Liquidity Sources Combined Debt Outstanding ($M)

December 2020 $750 $750 $750 Cash Position* $1.4B $650 Revolving Credit Facilities $3.0B $500 $500 $400

Total Near Term Liquidity $4.4B O/S Notes/Bonds*

5-Year Agreement – Sep 2023 $2.0B 2021 … 2026 … 2028 … 2030 … 2040 … 2048 … 2050 … 2060

Debt

364-Day Facility – Sep 2021 $1.0B

Adequate Liquidity To Meet The Needs Of The Company

*As Of 4Q’20 INVESTOR PRESENTATION 77 INVESTOR PRESENTATION Version 08.09.2021