200 North M-63. Whirlpool Ecosystem Benton Harbor, Michigan 49022-2692 Phone: (269) 923-5000; www.whirlpoolcorp.com

Outside Relationships Whirlpool Corporation (a Delaware Corporation) Outside Relationships Securities Regulation Regulators Regulators Capital Suppliers Customers and Stock Exchange Customers Suppliers Capital Debt Structure Equity Structure Listing Rules Senior Bond Securities Debt ( $4.99B @ 12.30.19) Credit Ratings: Moody’s (Baa1), S&P (BBB) and Fitch (BBB) Equity Equity Public Debt Financing Significant Regulators 0.625% Senior Notes 4.70% Senior Notes 4.00% Senior Notes 1.25% Senior Notes 4.75% Senior Notes 4.50% Senior Notes Common Stock Capital Shareholders US Securities Holders (62.7M Shares Outstanding; 8,760 Record Holders) Working Capital $3.8B in Committed Credit Facilities due 2020 ($561M) due 2022 ($300M) due 2024 ($300M) due 2026 ($556M) due 2029 ($692M) due 2046 ($496M) Dividends and Common Vanguard and Commercial Financing ($3.5B with JPMorgan Chase Bank 0.4.85% Senior Notes 3.70% Senior Notes 3.70% Senior Notes 1.10% Senior Notes 5.15% Senior Notes Common Stock Repurchase Program Stock Repurchases Group Exchange Banks and Citibank; 1M BRL in Brazil) due 2021 ($300M) due 2023 ($250M) due 2025 ($350M) due 2027 ($667M) due 2043 ($249M) ($2B Authorized) (12.34%) Commission Professional Audit Services PRIMECAP New York Services Human Resources Ernst & Young Management Global Sourcing Finance and Accounting (Auditors) Stock Governance Corporate Matters Commercial and Strategy and Planning Direct Materials Budget Support (11.16%) Exchange Board of Directors Global Product Bankruptcy Warner Legal Norcross & Fidelity Samuel Allen (H, CGN) Jennifer LaClair Harish Manwani Talent Management Litigation Services Chicago Committees: Audit (A), Indirect Materials Internal Audit Litigation Management Judd (Business Litigation) Management Stock Marc Bitzer John Liu (A, F) Patricia Poppe Human Resources (H), Total Rewards Product Intellectual Property (5.90%) Accounting M&A Transactions Morrison Exchange Finance (F), and HR Service Centers Finished Product Sourcing Development Litigation Services Foerster Greg Creed (H, F) James Loree (A, CGN) Larry Spencer Corporate Governance (IP Litigation) BlackRock Contract Management Product Liability Other Stock Transformation Cash Management Fund Diane Dietz (H, CGN) Geri Elliott (A, F) Michael White and Nominating (CGN) Supplier Relations Corporate Governance, Litigation Services FaegreDrinker Exchanges (Product Liabilty) Advisors Business, Business HR Excellence Financial Reporting Secretary, and Securities Consumer- Securities and Disclosure (5.02%) (Bombay, Berlin, D&O, Property, Insurance Executive Committee (Management Team) Focused Design Law Services Kirkland Ellis Communications and Public Strategy EHS (Securities Law) SSgA Funds Frankfurt, Product Coverage Marc Bitzer, President and Gilles Morel, EVP and President, Holger Gottstein, SVP, Strategy Tax Environmental Affairs Tort Litigation Dusseldorf, Liability, and CEO EMEA and Business Development Sustainability Barnes Management Licenses and Mergers & Acquisitions Services Thornburg London, External Communications Risk Management Innovation (5.01%) Permits Casualty James Peters, EVP and Shengpo (Samuel) Wu, EVP and Kirsten Hewitt, SVP, Corporate Subsidiary Management (Torts Cases) Munich, Insurers Divestitures Labor and Employment Greenhaven Shanghai, CFO President, Asia Affairs and General Counsel Internal Communications FP&A Littler Wastewater Corporate Affairs Law Services Mendelson Associates , and Discharges Joseph Liotine, EVP and Roberto Campos, SVP, Global Carey Martin, Global Human Government Relations Quality Advertising (Employment Sao Paolo) Direct-to-Consumer Records Retention (4.46%) President, North America Product Organization Resources Insurance Services Law) Air Emissions Corporate Affairs Strategies Total Employment Law Licenses of Whirlpool, DigitasLBi Joao Brega, EVP and Elizabeth Door, VP, North America Jeffrey Noel, VP Communications Business Travel Treasury Third Party (Advertising) Institutional Hazardous Environmental Performance Improvement Product Safety , KitchenAid President, Latin America Global Strategic Sourcing and Public Affairs Security Licensee Ketchum (96.08%) Waste Permits and Amana Brands (Public Relations) US and Management Manufacturers Foreign Intellectual Property Crowdtap Business Operations (Social Media) Patent and Regulation Registrations Trademark Subjects of Selected North America (20,600 Employees) Latin America (22,600 Employees) Europe, Middle East & Africa (19,700 Employees) Asia (14,400 Employees) Agencies Regulation Material and Guayaquil, Ecuador Milan (Pero), Italy Parts Suppliers Bogota, Columbia Environmental (HQ) (HQ) (HQ) , China New Delhi, India Key Company Data (at 12/31/19) Protection Voestalpine Benton Harbor, Mississauga, Ontario (Asia HQ) (India HQ) (Steel) Michigan (Global HQ) (Canada HQ) Lima, Peru (HQ) Phase-out of Guatemala City, World of Whirlpool (Milan): KitchenAid, Key RevenueIncome Statement by Location Data Key BalanceAssets Sheet Data Key Measures and Targets ICSS (Cushioning) Guatemala (HQ) Whirlpool, , Indesit Ozone- Santiago, Chile (HQ) Total Revenues: $20.4B Total Assets: $18.8B Operating Profit Copreci (Pumps) Depleting Manufacturing Facilities Manufacturing Facilities Production and Distribution Facilities Facilities Margin: 7.7% Chemicals in BASF Cash: $1.952B China North America:$11.477B Refrigeration (Chemicals) United States (Cont’d) Brazil Argentina Italy Poland India Return on Assets: 6.4% y Current: Assets $7.4B Energy Davlyn Latin America: $3.177B Buenos Aires, Melano (Fabriano), Hefei, China (includes EBIT: $ 1.414B Standards for Manufacturing Amana, Iowa Manaus, Brazil Argentina (includes Wroclaw, Poland Pondicherry, India (Seals, Insulators, Fort Smith, Arkansas Italy Technology Center) Current Liabilities: $8.4B Major Shims) Administrative Center) (formerly Hefei ) Europe MEA: $4.2B Appliances EBIT Margin: 6.9% EMB (Electrical Cedar Rapids, Iowa Comunanza, Italy Property: $3.3B Rio Claro, Brazil Radomsko, Poland Hong Kong (China (10% Target) Mandated Controls) Main Office) Ranjangson, Pune, Asia: $1.515B India Total Debt: $4.99B Recycling of Jabil Circuit La Tablada, Argentina Free Cash Flow: (Electronic Cleveland, Tennessee Mexico Cassinetta, Italy Lodz, Poland Shenzen, China Products at Materials, Components, Net Earnings: $1.184B Long Term Debt: $4.14B $912M Components) Joinville, Brazil (Technology Center) the End of and Parts Supplies Monterrey, Mexico LCR Coraville/Iowa City, (Horizon, Supsa & Useful Life Iowa Colombia Siena, Italy Slovakia Faridabad, India Selling, General and Commitments ROIC: 15+% Electronics Whirlpool Plastics) Sao Paulo, Brazil Shunde, China (Electrical Administrative Warranty Reserves: Anti-Bribery (2 Adminstrative Annual Growth Target: Components) Clyde, Ohio Expenses: $2.14B $383M Laws Centers) Antioquia, Colombia Carinaro, Italy Poprad, Slovakia Southeast Asia 3% Air Products Celaya, Mexico Hong Kong, Taiwan, Non-Cancelable “Superfund” & Chemicals Fall River, Brazil Singapore (SEA Main Korea, and Japan Capital Expenditures: Purchase Sites for (Foam Ingredients) (4 Technology Naples, Italy R&D/Capex: 3% of net Massachusetts Office) (HTKJ) $532M Commitments: $672M Remediation Russia sales American Wire Ramos, Mexico Centers, 23 Laboratories, and 3 Non-Cancelable Lease Data Privacy Tech (Electrical Findlay, Ohio UK Oceania Hong Kong Controls and Steel Distribution Centers) Lipetsk, Russia Commitments: $49M Dividend Target: 30% Consumer Components) Ramos Arizpe, Competitors Guarantees of Brazil of trailing 12-month Customers Melbourne, Australia Protection North America Sales of Greenville, Ohio Mexico Yate, United Kingdom Customers’ Credit ongoing net earnings Brazeway (Oceania Main Office) Arcelik and Product (Aluminum Laundry, Refrigeration, Turkey Lines: $143M Safety Components) Lowe’s Cooking, and BSH (Bosch) Guarantees of Dishwashing Appliances Marion, Ohio ResourcesResources Fort Recovery Retailers Manisa, Turkey Subsidiaries’ Debt: Industries (Production Only) $2.6B (Zinc and Aluminum Distributors Ottawa, Ohio 77,000 Employees Castings) North America Appliance Per Share Information Molon Motor Builders Sales to Other & Coil (Motors, Manufacturers for Resale Tulsa, Oklahoma Ticker Symbols: WHR 59 Manufacturing and Pumps) Other under Their Brand Names LG and WHR 20 (2020 Technology Research Phillips Manufacturers, Senior Notes) Centers Key Brands Key Brands Key Brands Key Brands Plastics Distributors (Injection Molded Whirlpool Share Price: $180.93 and Retailers Whirlpool KitchenAid Whirlpool KitchenAid Plant Operations in 13 Plastics) Whirlpool Roper Affresh Midea (8/14/2020) (Appliance Indesit Countries Perfection Maytag Diqua Gladiator Cleaning Bauknecht () Quarterly Dividend: (Steel Components) Laden Maytag Amana Products) $1.20 Reiter Admiral Kitchen Aid Samsung Ariston 185 Subsidiaries Automotive KitchenAid Everydrop Consul Acros Privileg Ignis EPS: $18.45 NA (Insulation) (Water Filters) Acros (Mexico) Royalstar Recent Developments JennAir Hotpoint 1 (Asia Rights Regional Die Hotpoint 1 (European Indesit Only; Haier and KKR own Recent Divestitures, Plant Closures, and Strategic Pillars Hotpoint 2 (Not (Recipes and (Not Rights Only; Haier and Casting (Zinc and “Smart Appliances” Hotpoint 2 Sanyo (Right Expired in North America Rights) Affiliated with EMEA Speed Queen KKR own North America License Expirations - Global Leading Scale US Department Aluminum Castings) Development Grant Guided Affiliated with EMEA 2019) Rights) (Canada) Cooking) Rights) Brastemp (Brazil) Rights) KIC (South Africa) (Sold) - Agreements to sell or sold Embraco - Best Brand Portfolio in Home, of Energy Collective Bargaining compressor business (Latin America Kitchen and Laundry Appliances and Labor Union market) and KIC brand (South Africa - Proven Track Record of Innovation Labor Unions Representation market), and exit Turkey sales operations - Best Cost Position International (EMEA market) - Digitally Enabled Products Latin America Sales of Laundry, Association Europe, Middle East and Africa Sales Asia Sales of Laundry, - Sanyo product distribution rights expired Values and Cultural Pillars Refrigeration, Cooking, and of Machinists Laundry, Refrigeration, Cooking, and Refrigeration, Cooking, and in 2019 - Integrity Dishwashing Appliances and Dishwashing Appliances Dishwashing Appliances - Closed LaVergne, Tennessee and - Respect Aerospace Reynosa, Mexico facilities - Inclusion & Diversity Workers of Customers Customers Customers - One Whirlpool the AFL-CIO Key Customer - Spirit of Winning Retailers Retailers Dealers Retailers Chain Stores - Over the past three years, Lowe’s has Affiliated End Other accounted from approximately 13%, 12% Industrial Consumers - Whirlpool costs have risen, due in Distributors Distributors Distributors and 10%, respectively, of Whirlpool’s Workers part to the Trump administration’s revenues. tariffs on foreign steel imports © 2020 www.onepagethinking.net August 2020