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2019 nVent Institutional Investor and

Analyst Day
Redwood City, California

February 27, 2019


Welcome
J.C. Weigelt
Vice President, Investor Relations
Agenda for Today
Time Agenda Presenter

7:30 Welcome J.C. Weigelt

7:35 – 8:05 Review 2018 and 2019 Priorities Beth Wozniak

8:05 – 8:30 Thermal Management: Setting the Stage for Growth Brad Faulconer

8:30 – 9:30 Question and Answer Session Management

9:30 – 9:35 Safety Overview John Grantz

9:35 – 9:45 Break All

9:45 – 12:45 Group Tours and Product Demos

~45 minutes each tour


• Group A – 1) IHS Demo Room Tour 2) BIS Demo Room 3) Lab Tour 4) Manufacturing Tour
stop

• Group B – 1) BIS Demo Room Tour 2) IHS Demo Room 3) Manufacturing Tour 4) Lab Tour

• Group C – 1) Lab Tour 2) Manufacturing Tour 3) IHS Demo Room 4) BIS Demo Room

• Group D – 1) Manufacturing Tour 2) Lab Tour 3) BIS Demo Room 4) IHS Demo Room

2019 nVent Institutional Investor and Analyst Day 3


Forward-Looking Statement and Key Definitions
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "targets," "plans," "believes,"
"expects," "intends," "will," "likely," "may," "anticipates," "estimates," "projects,“ “forecasts,” "should," "would," "positioned," "strategy," "future," or words, phrases or terms of similar
substance or the negative thereof, are forward-looking statements. All projections in this presentation are also forward-looking statements. These forward-looking statements are not
guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ
materially from those expressed or implied by such forward-looking statements. These factors include adverse effects on our business operations or financial results as a result of the
consummation of our separation from Pentair (“the Separation”); the ability of our business to operate independently following the Separation; overall global economic and business
conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions;
competition and pricing pressures in the markets we serve, including the impacts of tariffs; the strength of housing and related markets; volatility in currency exchange rates and
commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; increased risks
associated with operating foreign businesses; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the
impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term
strategic operating goals. Additional information concerning these and other factors is contained in our filings with the Securities and Exchange Commission, including nVent’s
Registration Statement on Form 10, as amended. All forward-looking statements speak only as of the date of this presentation. nVent Electric plc assumes no obligation, and disclaims
any obligation, to update the information contained in this presentation.

KEY DEFINITIONS AND NOTES


Except as otherwise noted all references to 2018 and 2017 represent our results for the period indicated, presented on an adjusted basis. “Organic Sales" refers to GAAP revenue
excluding (1) the impact of currency translation and (2) the impact of revenue from acquired businesses recorded prior to the first anniversary of the acquisition less the amount of sales
attributable to divested product lines not considered discontinued operations. “Segment Income” represents Operating Income exclusive of non-cash intangible amortization, certain
acquisition related expenses, costs of restructuring activities, impairments and other unusual non-operating items. Return on Sales ("ROS") equals Segment Income divided by Sales.
See appendix for GAAP to non-GAAP reconciliations.

2019 nVent Institutional Investor and Analyst Day 4


nVent Overview
Beth Wozniak
Chief Executive Officer
Leading Electrical Company Focused on Connection and Protection
Company Characteristics 2018 Financials
 Industry-leading positions and strong brands
~$2.2B
 Focused on improving utilization, lowering costs and Revenue
maximizing customer uptime
 Attractive margin profile ~19%
 Strong free cash flow generation ROS
Segments Verticals Geographies
2%
26% 46% 13% Other Developed
45% 10% 66%
Electrical & Enclosures Infrastructure
Industrial Developing
Fastening US and
Solutions 15% Canada
(“EFS”)
Energy
22%
28% 27% Developed
Thermal Commercial & Europe
Management Residential

Diversified portfolio with strong financials

2019 nVent Institutional Investor and Analyst Day 6


Our nVent Strategy

One nVent

Accelerate Innovation and Grow Globally and in


Focus on Attractive Verticals
Connected Solutions Developing Regions

Drive Productivity and Velocity

Pursue Targeted Bolt-on Acquisitions

Driving a strategy for growth and performance

2019 nVent Institutional Investor and Analyst Day 7


Macro Trends are Favorable

Technology and Electrification and


Connectivity Urbanization

Demographic Safety and


Shifts Security

Trends drive use of more electrical products

2019 nVent Institutional Investor and Analyst Day 8


Focus on Attractive Verticals
Growth Focus
Expected
Growth

Infrastructure Energy Commercial Industrial


Total Industry Growth • New products, global focus
Verticals* 2018
($B) 2019
(%) • Connected solutions and digital
(%)
tools

Industrial 16 5 3
• Lower cost of ownership and
installation
Commercial 13 4 2 • Specification selling
• Global new products

Energy 13 (2) 1-3 • MRO focus


• Connected solutions
• Late cycle energy projects
Infrastructure 18 5 4
• Aligned go-to-market and key
account penetration
Total 60 ~3.5 ~2 - 3
• New products

Industry outlook remains positive


2019 nVent Institutional Investor and Analyst Day
*Source: Analysis is based on estimates only, Publicly available data and industry data sources. Only technologies 9
currently served by nVent are part of this analysis. Substitute products are not included.
2018 Priority Scorecard
2018 nVent Priorities and Results

1 Stand up nVent as a Separate Company

2 Drive Organic Sales growth

3 Stabilize Enclosures Margin

Overall a successful year

2019 nVent Institutional Investor and Analyst Day 11


1. Stand up nVent as a Separate Company

Significant effort across the enterprise to set up a new public company

2019 nVent Institutional Investor and Analyst Day 12


2. Drive Organic Sales Growth: 5% Organic Growth FY 2018
Innovation and Globally and in
One nVent Attractive Verticals
Connected Solutions Developing Regions

Data Centers and


Networking
Solutions

Digital Product
Commercial
Information 98%

Rail and Transit

China, India, Middle East


Strategic partnership with Industrial
distribution

Up high single-digits Up high single-digits 32 new products Up high teens

Sales growth accelerated throughout the year

2019 nVent Institutional Investor and Analyst Day 13


3. Stabilize Enclosures Margin
Recent Margin History Strong Position to Support Growth

Major capacity expansion + automation 2016 - 2017 Align Value Chain to Serve
• New factory plus expansions in Reynosa, Mexico • Cycle time reduction
• Local supply chains and channels
• New distribution center in Dallas
• New automated Wall Mount line Digital Customer Experience
• Build out of High Density Cooling business • Configurators and real time pricing
• Channel integration
All new operations stable and productivity accelerating
2H 2018 margin expansion while growing sales 8% Attractive Verticals
organically • Leading Data Center Technology
• 70bps margin expansion in Q4 2018 • Expanding Industrial and Infrastructure applications

Fast Growth Regions


• Localized products, footprint investments
• Global channel

Expect margin expansion to continue in 2019

2019 nVent Institutional Investor and Analyst Day 14


2019 Priorities
2019 nVent Priorities

1 Drive Organic Sales growth

2 Expand Margins

3 Execute our Capital Allocation Strategy

Deliver shareholder value

2019 nVent Institutional Investor and Analyst Day 16


Attractive Vertical: Industrial
Leading Solutions Focus for Growth Key Applications

Holistic end-to-end digital customer


Modular and wall-
experience
mount solutions to
enable design flexibility
Innovation that improves safety,
Material Handling
reliability and connectivity
Connected cooling
solutions to ensure
Simplifying product selection and
reliability
configuration
Protection for sanitary
Focused growth in key global areas Food & Beverage
and corrosive
environments
Strengthen relationships with global
channel partners

Petrochem

Designing new and differentiated solutions based on customer needs

2019 nVent Institutional Investor and Analyst Day 17


Attractive Vertical: Data Centers and Networking Solutions

Racks Cable Support and


Fastening and Fixing Pathways Cable
Driving Growth in DNS Management

 Focusing on high density heat Aisle Containment


applications for hyper scale
datacenters
Enclosures
 Adding new products for power
and cooling solutions SMART

 Redeployment of sales teams to Precision and Liquid


focus on value added Cooling
applications
Rack
 Strengthening relationships with
Power
global channel partners
Electrical Protection

Monitoring
Leak Detection
Access
Environment

Offering a flexible modular portfolio, combined with design/project support

2019 nVent Institutional Investor and Analyst Day 18


Attractive Vertical: Commercial
Leading Solutions Aligned for Growth Protecting Entire Buildings

Fastening and Support


Seismic Protection
Expanding selling focus in
Lightning Protection targeted cities
Grounding & Bonding
Improving project
Enclosures specifications with architects
Cable Management and engineers

Floor Heating Identifying contractors earlier


Heat Loss Replacement for greater win rate

Fire-Rated Wiring Collaborating across


Space Savings segments and channels

Pipe Freeze Protection


Snow Melting and De-Icing

Driving demand with specifying engineers and contractors

2019 nVent Institutional Investor and Analyst Day 19


Attractive Vertical: Rail and Transit
Key Global Accounts Focus Applications One nVent Approach

1. nVent HOFFMAN outdoor pole mount


Signaling systems integrators enclosure
Rolling stock and equipment OEMs Signaling 2. nVent SCHROFF customized cooling
Enclosures solution
Majority of projects outside NA
3. nVent CADDY cable management
system
Heating systems 4. nVent ERIFLEX metallic braided cable
for switches, for EMC protection
third rails and
overhead wires

Surge and
Lightning
Protection
Supplied to a major signaling
systems integrator

Global solutions for mission critical rail applications

2019 nVent Institutional Investor and Analyst Day 20


One nVent

Build Scale and Capability to Accelerate Growth and Performance

Spark Management System

Distribution Strategy

Commercial Excellence

Digital

Common Processes, Transformation and Data Analytics

nVent Brand

Driving transformation with a goal to grow our business

2019 nVent Institutional Investor and Analyst Day 21


One nVent: Spark Management System

People are at the core of Spark, positively impacting our business and growing
People
their careers

Growth Growth is the foundation of Spark, driving shareholder, customer and employee value

Lean Lean is the relentless pursuit of eliminating waste and increasing velocity

Digital Digital transforms our products and how we do business, improving both customer
and employee experiences

Velocity Velocity is increasing speed in all we do for each other and our customers

We are building a high-performance culture

2019 nVent Institutional Investor and Analyst Day 22


One nVent Distribution Partnerships

Strategic global partnerships across the nVent portfolio to better serve customers and
position nVent for the future

Partnering to help grow new customers, markets, and address evolving customer
experience

Work collaboratively with distributor partners to meet mutually beneficial operational and
financial goals

Building global relationships for enterprise-wide selling

2019 nVent Institutional Investor and Analyst Day 23


Digital: Accelerating our Digital Transformation
Business Strategy 2018 Achievements
 One nVent website
Digitize Go-To-Market Offer Connected Solutions  One CRM platform
 98% digital product data available
 Enclosures configurators launched
2019 Accelerate Digital Transformation
 Align business processes
Digitize Operations Digitize Support Functions  Focus on analytics
 Implementing new pricing, service, people
management, and transportation and
warehouse management platforms

Driving Growth and


Improve Customer and Employee Experiences Margin Expansion

Transforming nVent to be a digital business

2019 nVent Institutional Investor and Analyst Day 24


nVent SCHROFF: Digital Initiative

CREATION VELOCITY INNOVATION


Turn your ideas into immediate results! Try out Get ready for a rapid design experience with out Learn and collaborate with our industry experts!
new front panel configurator and receive a 3D redesigned product configurator, which includes a nVent SCHROFF products can support
printed version at the booth using one of our two built-in wizard to guide you through each step of applications such as IoT, Industry 4.0,
live 3D printers. the configuration and will allow you to see instant autonomous driving and beyond. We will be
prices at the end of the configuration. presenting our new PXI Express system, small
form factor enclosures and newly designed
components for our electronics cabinets.

Empowerment through digitization

2019 nVent Institutional Investor and Analyst Day 25


Accelerate Innovation
High Density In-Row/Liquid Cooling Seismic Bracing

 New solutions for  Rigid bracing solutions


managing increasing heat for mechanical, electrical
loads and plumbing
 Direct liquid cooling  Builds on fire protection
portfolio

Expand Configurators Grounding and Bonding

 Enhance digital customer  Enhance user experience


experience  Isolated lightning
 Drives velocity protection, ground bars,
expanding surge
protection

Full portfolio of exciting new products

2019 nVent Institutional Investor and Analyst Day 26


Drive Organic Growth

Attractive Strategic
New Products
Verticals Partnerships

• Commercial, Data • Distributor partnerships • Continue to improve


Centers and Networking • Represents over $400M in vitality score
Solutions, Industrial and sales today • Customer back
Rail and Transit innovation
• Growing high single-
• Growing high single- digits • Contributor to growth and
digits margin expansion

One nVent | Customer Back | Focused New Teams

Strategic themes to deliver sustained and profitable growth

2019 nVent Institutional Investor and Analyst Day 27


Productivity and Velocity

Materials Operations Logistics SG&A


 Lean materials and  Lean enterprise; end-to-  Track/trace visibility  Lean process and
information flow end business process information flow
optimization and velocity  Customer collaboration
 Category management in ordering/shipping  Digital collaboration,
expertise  Enhanced sales patterns Configure-Price-Quote
inventory and and customer service
 Value added value operations planning  Transportation
engineering management system  Common processes,
 Capacity and smart systems and analytics
 Supplier risk reduction factory investments  Warehouse
management system
 First pass yield quality

Meaningful initiatives driving growth and expanding margins

2019 nVent Institutional Investor and Analyst Day 28


Margin Expansion

Margin Expansion of
Price Productivity Inflation
40 - 60bps

 Pricing excellence  End-to-end supply  Material inflation  Funding investments


chain optimization in digital and R&D
 New pricing software  Direct tariff impact is
implementation  Logistics and
distribution
improvements
˃ expected to be
$6 - 8M
 Progress towards
benchmark G&A
cost structure
 Value pricing for
projects / custom  Logistics and freight
products  Factory productivity inflation

 Mitigate material and  Material productivity  Wage inflation


freight inflation
 G&A optimization

Managing price and productivity to offset inflation, fund growth and expand margins

2019 nVent Institutional Investor and Analyst Day 29


3. Capital Allocation: Our Foundation

Return Excess
Reinvest in the
Manage Leverage M&A Cash to
business
Shareholders

• Net debt to EBITDA • Expect capex of • Focus on bolt-on • Generated Free Cash
ratio at 1.7X ~2 - 3% of sales in 2019 acquisitions Flow of $301M in 2018
• Target of 1.5X - 2.0X • Investments in digital and • Target ROIC greater than • ~$80M in share
capacity expansion WACC in 2 - 3 years repurchases to date
• Ample capability to go
up to 2.5X for share • R&D investment • Accretive at 1 year • Paid quarterly
repurchases or dividends of $0.175 per
strategic M&A deal ordinary share
• Investment Grade • ~$800 million remains
enables competitive cost under current share
of capital repurchase program
through July 2021
• Credit rating BBB- (S&P)
and BBB (Fitch)

Strong cash flow and capital deployment to drive shareholder value

2019 nVent Institutional Investor and Analyst Day 30


Expect to Generate ~$320M of Free Cash Flow in 2019
 Generated $301M of pro forma Free Cash Flow Diluted Weighted Average
2018

Shares Outstanding
 Repurchased ~$60M of shares
~181M
 Paid a quarterly dividend

 Expect to generate ~$320M of Free Cash Flow ~177M

 Expect to use excess cash to reduce shares by ~2%*


2019

 Already repurchased ~$20M in Q1

 Expect to pay a competitive dividend

 ~$800 million remains under current share repurchase


2018 2019 Guidance
program through July 2021

Strong balance sheet and active capital allocation

2019 nVent Institutional Investor and Analyst Day


31
*Market and other conditions including M&A may impact the allocation
Capital Deployment to M&A

Full Pipeline Benefits Criteria

• Opportunities for bolt-on • Add scale and operating • nVent value proposition
acquisitions effectiveness
• Ability to differentiate
• Potential targets have sales • Add value through revenue
between $50 - $100M and cost synergies • Accretive in one year

• Opportunities across • Accretive to earnings • Target ROIC greater than


geographies and segments WACC in 2 - 3 years
• Strategic use of cash
• Fits nVent value proposition

Mission Critical Solutions | High Cost of Failure | Reduced Installation Costs

Strong cash flow conversion provides capital allocation optionality

2019 nVent Institutional Investor and Analyst Day 32


2019 nVent Plan
Long Term Outlook 2019 Guidance

2 - 4% Organic Growth
Sales Growth 1 - 2 Points above GDP
Expected Real GDP at 2 - 3%

40 - 60bp ROS Expansion


Attractive Margins EPS grows multiple points faster than sales EPS of $1.80 - $1.90
Represents 5 - 10% constant currency growth

~$320M
Free Cash Flow > Net income
100% of adj. NI conversion

Competitive
Dividends S&P 400 median at ~30% payout
~40% Payout Ratio

Capital Allocation Strategic bolt-ons and share repurchases Strategic bolt-ons and share repurchases

Strategy delivers solid returns, in line with long-term outlook

2019 nVent Institutional Investor and Analyst Day 33


Segment Review
Enclosures and EFS
Enclosures Overview
Description 2018 Financials

We provide innovative solutions that protect, ~$1.0B


connect and manage heat in critical Revenue
electronics, communication, control and power
equipment. ~17%
ROS
Verticals Geographies

9% 1%
Other Developed
Commercial & 10%
Residential 61%
Developing
10% Industrial
69%
Energy 20% US and
Developed Canada
20% Europe
Infrastructure

Solid performance globally across all targeted regions and focused verticals

2019 nVent Institutional Investor and Analyst Day 35


Enclosures Strategy

Align Digital Focus on Grow


to Serve Customer Attractive Globally and
Experience Key Verticals in Developing
Regions
• End-to-end business • Improve digital • Focus effort on high • Localized
process focus capabilities potential verticals differentiated
• Align value streams • Seamlessly connect • Develop and launch products
• Integrate supply customers and differentiated • Evolve channel
chain, drive channels products
productivity and
deliver velocity

Channel Coverage | Operations Optimization | Digitization | Portfolio Localization and Diversification

Focusing our resources to our most critical initiatives and executing with velocity

2019 nVent Institutional Investor and Analyst Day 36


Enclosures Win
Global Hotel and Casino Chain

 Global reach
• 2 projects in 2018
• 3 planned projects for 2019

 Focused on our Data Center and Networking


Solutions capabilities

 Sole spec in all future projects

 Products
• nVent HOFFMAN 2- and 4-post Open Frame Racks
• nVent HOFFMAN Cable Managers
• nVent HOFFMAN AccessPlus Wall Mount Cabinets
• nVent HOFFMAN Ladder Rack
• nVent CADDY J-Hooks

Continued growth planned across multiple nVent product lines

2019 nVent Institutional Investor and Analyst Day 37


Enclosures Summary
Enclosures expects to deliver revenue and income growth:
 Key investments that deliver quality, velocity and productivity
 Setting value streams to exceed industry service requirements

We expect to grow by:


 Focusing on high-growth segments
 Launching VOC-based new products that meet customer needs
 Enhancing end-to-end digital capabilities
 Expanding capabilities in targeted fast growth regions

We expect to expand margins by:


 Managing costs, driving productivity, pricing and velocity

Great momentum second half of 2018, positioned for continued growth in 2019

2019 nVent Institutional Investor and Analyst Day 38


EFS Overview
Description 2018 Financials

~$570M
We provide electrical and fastening solutions Revenue
that connect and protect electrical and
mechanical systems and civil structures.
~25%
ROS
Verticals Geographies
3%
9% 8% Other Developed
Energy 58%
Developing
13% Commercial &
70%
Residential
Infrastructure 19% US and
Developed Canada
20% Europe
Industrial

A global leader in electrical and fastening solutions

2019 nVent Institutional Investor and Analyst Day 39


EFS Strategy

One nVent Grow Globally Accelerate


and in Developing Innovation
Regions

• Rail and Transit • Europe and Middle East • Seismic


• Commercial • Localized, differentiated • Prefab
• Distributor growth products • Grounding and Bonding
• Price realization • Continued expansion in
Commercial

Price Realization | Strategic Accounts | Sales Optimization

Strategic themes to deliver sustained and profitable growth

2019 nVent Institutional Investor and Analyst Day 40


EFS Win
New York Commercial Building
 Customer Desire:
• Prefabricated solution for ground terminal boxes (“GTB”) for fire alarm Prefabricated
Solutions
system
• Savings in total installed cost
• Specified products per (newly adopted) building codes for fire alarm
connections in New York

 One nVent Approach:


• Offer prefabricated GTB with our nVent ERICO Grounding Busbars and
nVent HOFFMAN Type 1 Enclosures
• nVent CADDY Design and Prefabrication

 Results:
• Shipped 48 units of GTBs in February
• Developed relationship with one of NY’s leading electrical contractors
• First cross-segment opportunity for nVent CADDY Prefab Solutions

Provide value-add service and product to influential end users

2019 nVent Institutional Investor and Analyst Day 41


EFS Summary

EFS expects to deliver revenue and income growth


 Continued growth in Commercial and Industrial

We expect to grow by:


 Focused growth initiatives
 Expansion into Middle East and Europe
 New product introductions

We expect to expand margins by:


 Driving pricing to offset inflation
 Productivity and lean enterprise

Aligned and focused for execution

2019 nVent Institutional Investor and Analyst Day 42


Thermal Management
Brad Faulconer
President, Thermal Management
Welcome to Thermal Management’s Redwood City Campus
 Center of Excellence for R&D and Heating Cable Manufacturing 1963 1969 1981
First parallel, RAYCHEM Expanded
cut-to-length CHEMELEX development to
 R&D heating cable develops Auto-Trace,
the first polymeric
Commercial and
Residential
• 30 technologists out of global team of ~100 employees self-regulating heating applications
cable for industrial
• 8 PhDs across core technology disciplines use

• Testing lab capability enables self-certified approvals

 Manufacturing
• 160 employees, largest plant of 4
• Highly automated production facility
• First production began of RAYCHEM self-regulating cables in 1970
• Over 1.8 Billion feet produced

Center of excellence for nVent RAYCHEM products

2019 nVent Institutional Investor and Analyst Day 44


Thermal Management Leadership You Will Meet Today

PAUL THOMAS MARTY LEE DR. LINDA KISS JOHN GRANTZ


Vice President, IHS Vice President, BIS Vice President, Vice President,
Product Line Product Line Technology Integrated Supply Chain

Deep industry experience

2019 nVent Institutional Investor and Analyst Day 45


What You Will Hear Today
Thermal Management is well positioned to deliver revenue
and income growth
 Highly differentiated products and solutions
 Continued strength in Commercial and Industrial MRO
 Longer cycle project activity increasing

We expect to grow by:


 Launch of new products and software
 Expanding applications in Industrial and Commercial verticals
 Growing in developing regions

We expect to expand margins by:


 Driving productivity and lean enterprise
 Building pricing excellence

Differentiated solutions positioned for growth

2019 nVent Institutional Investor and Analyst Day 46


Thermal Management Overview
Description 2018 Financials

We provide electrical thermal solutions that ~$620M


connect and protect people, critical Revenue
infrastructure, industrial processes and
buildings. ~25%
ROS
Verticals Geographies
3%
1% Other Developed
Infrastructure 13%
42%
Developing
27% Industrial
56%
Energy 28% US and
Developed Canada
30% Europe
Commercial &
Residential

A global leader in heat-tracing solutions

2019 nVent Institutional Investor and Analyst Day 47


Thermal Management’s Heat Tracing Innovation
Control Panel

Remote
Configuration
and Monitoring
with Supervisor
software
Heat tracing is… providing
heat to maintain temperature
Transformer
of fluids, by replacing the
heat lost through thermal
insulation on pipes.

RTD Temperature
Sensor Lighted End Seal
Power
Connection
Insulation Systems

Heating Cable

We provide a complete system and solution

2019 nVent Institutional Investor and Analyst Day 48


Thermal Management Solutions
Industrial Heating Heat Tracing for Heating System
Solutions Plant Piping and Components
Vessels

Control, Monitoring Turnkey


and Sensing Services
Pipe freeze protection
Process temperature maintain
Pipeline heating
Tank and vessel heating

Heat Tracing for Fire Rated


Building and Wiring Cables
Pipes and Surfaces
Infrastructure
Solutions

Floor Heating Thermostats,


Cables and Mats Controls
Snow melting and de-Icing
Radiant floor warming
Liquid leak detection
Life safety power cables

2019 nVent Institutional Investor and Analyst Day 49


Thermal Management Has Strong Competitive Advantages

Specialized engineering
Strong Brand History of innovative and Technical
high-quality products and expertise for optimized
Recognition services Expertise solutions

Ease of
Offer one-stop shop from
Installation Highly reliable solutions that Complete
products to complete
and Reduced lower total cost of ownership Solutions installations
Total Cost

2019 nVent Institutional Investor and Analyst Day 50


Thermal Management Strategy

Connected Attractive Global Growth


Solutions Verticals and Localization
• Advanced industrial control • Industrial • Silk Road major
and monitoring opportunities
• Commercial / Residential
• Thermostats and detection • Fit for purpose products and
• Rail and Transit localization
• Smart pipelines
• Data Centers • China and Russia focus
• Engineering automation

One nVent – Distribution | Vertical Expansion | Digital Transformation

Strategic themes to deliver sustained and profitable growth

2019 nVent Institutional Investor and Analyst Day 51


Industrial Heating Solutions (“IHS”) – MRO and Projects
Ramp
Heating
Pipe, Vessel & Tank Maintenance, Repair, Overhaul
Tank Heating Systems Thermal Insulation Systems
(“MRO”)
Cryogenic Tank Base Leak
Heating Systems Detection  Significant installed base in facilities
Systems across the globe
 Extensive sales network with application
expertise and local technical support
 Product sold as an approved system with
typical replacement in-kind

Capital Projects
 Fuels longer term high-margin MRO
business
Heat-Tracing
Power  Strong history of winning large capital
Distribution Systems projects
Fire Performance
cables
Temperature Control  Advanced design tools, global
and Monitoring Systems
engineering centers and project
Heat-Traced Tubing Pre-Insulated Pipe execution footprint
Bundles and
Instrument Outdoor
Winterization Pipe and Valve
Freeze Protection

Installed base | Application expertise | Major project execution

2019 nVent Institutional Investor and Analyst Day 52


Example: Pipeline Heating – Gulf Coast Swamplands
Application:
 12” 36 mile Vacuum Gas Oil (“VGO”) buried and submerged
pipeline
 Crossing historic wetlands throughout the Gulf Coast region
Scope:
 nVent RAYCHEM Skin-Effect Trace-Heating System (“STS”)
with fiber optic distributed temperature sensing (“DTS”) and
pre-fabricated / pre-insulated pipe spools (“PIP”)
 Providing consistent power to maintain the pipeline at 129ºF
for peak product flow
 Complete system including the design, engineering, supply
and installation supervision of the entire STS system

Safer and more reliable transportation of crude oil

2019 nVent Institutional Investor and Analyst Day 53


Building and Infrastructure Solutions (“BIS”) – Specified Applications

Rail Heating

Full range of safety, performance and comfort solutions

2019 nVent Institutional Investor and Analyst Day 54


BIS Application Growth
Fire Rated Wiring Floor Heating

 nVent PYROTENAX life  nVent NUHEAT electric


safety circuit protection floor heating
 Exceeds industry  Made to measure for
standards ease of installation
 Home automation

Rail Heating Hot Water Maintenance

 nVent RAYCHEM high  nVent RAYCHEM self-


performance rail de-icing regulating electric heat
trace cable for enhanced
 Safety and reliability
building performance
 LEED credits for energy
and water savings

Growth through conversion of alternate technologies and construction methods

2019 nVent Institutional Investor and Analyst Day 55


Thermal Management Commercial Project Win
Historic New York City Hotel

Application:
 Building retrofit with multiple runs from under 100ft to over
1,000ft
 Various circuit sizes up to 3,000 Amps
 Interior and exterior segments, vertical and horizontal Pressurization Fans
Smoke Extraction Fans

placement Generator Firefighters Elevator

Scope:
 nVent PYROTENAX System 1850 wiring cable providing 2-
hour fire rating, highest ampacity specifications and space
savings
 Providing power to critical fire alarms, fire pumps, emergency
generators, exit lighting and elevators
 Complete system including UL listed fire rated splices and
termination kits Figure 1. Typical Critical Wiring System Fire Alarm Control Unit Fire Pump

Critical life safety electrical circuit protection

2019 nVent Institutional Investor and Analyst Day 56


Connected Solutions New Product Family
Strategic Actions 2019 Focus

 Digitization: connectivity and analytics  RAYCHEM ELEXANT family launches


 User experience  Cloud connectivity and analytics
 Global platforms  Expanded services

Launching a New ELEXANT Family of Connected Controls

ELEXANT Wireless ELEXANT ELEXANT


ELEXANT 4010i Monitoring Smart Bridge 350c ELEXANT
Controllers Controllers Controllers Controllers Panel Controllers

2018 2019

Growth with new product introductions

2019 nVent Institutional Investor and Analyst Day 57


Advanced Engineering Automation with TracerLynx Design Software

Lowering customer’s
total installed costs
using state of the art 3D
design software to
optimize power
distribution
Start projects earlier,
rapid change
management, and
schedule compression
Early and accurate
placement of panels at
the beginning of our
projects reducing our
clients costs

Customer case studies support 1% overall system savings

2019 nVent Institutional Investor and Analyst Day 58


Global Growth – China and Silk Road Focus
Industrial
 Silk Road: global project sales and execution engagement
 Manufacturing localization to provide fit-for-purpose products
with features valued by local customers

Commercial
 Spec focus for differentiation and demand creation
 Focus on safety and building performance

Infrastructure
 Rail and Transit focus with One nVent portfolio
 Silk Road development
 Airport and Data Center focus with leak detection systems

 Fuel leak detection


at Beijing airport

Investing in new products and commercial capability

2019 nVent Institutional Investor and Analyst Day 59


Business Performance Improvement Through Spark
>900 bps improvement in Operating Margin since 2012

Lean Manufacturing Lean Engineering New Product Development

Redwood City Plant Global Engineering Centers NPD Process


• ~50% cycle time reduction • Standard work and visual mgmt. • Standard work and visual mgmt.
• ~32% efficiency gains • Work share across 8 offices • 2X vitality
• ~25% sq. foot reduction • ~80% lead time reduction • ~25% annual increase in 5th year
• ~100% improvement incremental revenue
in production output

Significant process improvements delivering financial results

2019 nVent Institutional Investor and Analyst Day 60


Thermal Management Summary

Thermal Management is well positioned to deliver


revenue and income growth
 Highly differentiated products and solutions
 Continued strength in Commercial and Industrial MRO
 Longer cycle project activity increasing

We expect to grow by:


 Launch of new products and software
 Expanding applications in Industrial and Commercial
verticals
 Growing in developing regions

We expect to expand margins by:


 Driving productivity and lean enterprise
 Building pricing excellence

Differentiated solutions positioned for growth

2019 nVent Institutional Investor and Analyst Day 61


At nVent, we believe that safer systems ensure a
more secure world. We connect and protect our
customers with inventive electrical solutions.

62
Agenda for Today
Time Agenda Presenter

7:30 Welcome J.C. Weigelt

7:35 – 8:05 Review 2018 and 2019 Priorities Beth Wozniak

8:05 – 8:30 Thermal Management: Setting the Stage for Growth Brad Faulconer

8:30 – 9:30 Question and Answer Session Management

9:30 – 9:35 Safety Overview John Grantz

9:35 – 9:45 Break All

9:45 – 12:45 Group Tours and Product Demos nVent Team Lead

~45 minutes each tour


• Group A – 1) IHS Demo Room Tour 2) BIS Demo Room 3) Lab Tour 4) Manufacturing Tour Jessica Minter
stop

• Group B – 1) BIS Demo Room Tour 2) IHS Demo Room 3) Manufacturing Tour 4) Lab Tour Lydia Swanson

• Group C – 1) Lab Tour 2) Manufacturing Tour 3) IHS Demo Room 4) BIS Demo Room Salina Cheng

• Group D – 1) Manufacturing Tour 2) Lab Tour 3) BIS Demo Room 4) IHS Demo Room Sam Stanton

2019 nVent Institutional Investor and Analyst Day 63


nVent Leadership Bios
nVent Leadership Bios

Beth Wozniak
CHIEF EXECUTIVE OFFICER

Beth Wozniak was announced as the future CEO of nVent in 2017 before the
separation from Pentair, and assumed that role at separation. She previously served as
Pentair's senior vice president and president of its Electrical segment, and as president
of Pentair's Flow & Filtration Solutions global business unit, respectively. Prior to joining
Pentair in 2015, Wozniak held several leadership and program management positions
at Honeywell and its predecessor AlliedSignal. She was president of Honeywell’s
Environmental and Combustion Controls business. She also held several executive
positions at Honeywell including president of its Sensing and Control business; vice
president of Business Integration; vice president of Six Sigma; and vice president of
Engineering and Program Management. Wozniak holds a Bachelor of Engineering
degree from McMaster University in Hamilton, Ontario, Canada and an MBA from York
University in Toronto.

2019 nVent Institutional Investor and Analyst Day 65


nVent Leadership Bios

Stacy McMahan
EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER

Stacy McMahan was announced as the future CFO of nVent in 2017 before the
separation from Pentair, and assumed that role at separation. Prior to joining nVent, she
was the CFO of Spectranetics Corporation, a medical device company which has a
strong track record in growth and was acquired by Royal Philips. Prior to her role at
Spectranetics, McMahan was the CFO of MSA Safety Incorporated. Previously, she
held a number of senior financial leadership positions at Thermo Fisher Scientific,
Johnson & Johnson, and Eli Lilly & Company. McMahan holds an MBA degree from
Harvard Business School and a Bachelor of Science degree in Finance from Oklahoma
State University.

2019 nVent Institutional Investor and Analyst Day 66


nVent Leadership Bios

Brad Faulconer
PRESIDENT, THERMAL MANAGEMENT

Brad Faulconer was announced as the future President of Thermal Management in


2017 before the separation from Pentair, and assumed that role at separation.
Faulconer has 27 years of experience with Tyco, Pentair and nVent. Prior to the
separation, he held several leadership roles at Pentair including Vice President of
Thermal Management; Vice President of Thermal Building Solutions; and Vice
President of Marketing for Thermal Management. Previously, he held various general
management and marketing leadership roles with Tyco Thermal Controls in the U.S.
and Asia, as well as various sales roles with Valquip Corporation. Faulconer holds a
Bachelor of Science degree in Civil Engineering from Villanova University and
completed the Harvard Business School Program for Management Development
(PMD).
2019 nVent Institutional Investor and Analyst Day 67
nVent Leadership Bios

Paul Thomas
VICE PRESIDENT, INDUSTRIAL HEATING SOLUTIONS, THERMAL MANAGEMENT

Paul Thomas has over 20 years of experience at Pentair and nVent in various positions
including Gulf Coast East General Manager, Director of Strategic Business Units,
VP/GM USA and Latin America for Thermal, VP/GM Global Industrial Heating Solutions.
Prior to employment with Pentair, Thomas worked for Schlumberger for 10 plus years in
various locations and roles including Field Engineering, Sales, and General
Management. Thomas holds a Bachelor of Science degree in Geology with a minor in
Business from Oklahoma State University.

2019 nVent Institutional Investor and Analyst Day 68


nVent Leadership Bios

Marty Lee
VICE PRESIDENT, BUILDING & INFRASTRUCTURE, THERMAL MANAGMENT

Marty Lee has over 20 years of combined experience at Raychem, Pentair and nVent in
various positions including Engineering, Sales, Business Development, Marketing,
Operations and Supply. Most recently he was Director, Strategic Supply and before
that Director, Industrial Heating Solutions Marketing. He served as Integration Leader
for Thermal Business Unit during Tyco Flow and Pentair merger 2011-2012, and gained
large project experience at Motiva’s Port Arthur Refinery. Lee holds a Bachelor of
Science degree in Electronic Engineering from Galway Institute of Technology and a
Management degree from the University of Phoenix.

2019 nVent Institutional Investor and Analyst Day 69


nVent Leadership Bios

J.C. Weigelt
VICE PRESIDENT, INVESTOR RELATIONS

J.C. Weigelt currently serves as vice president, Investor Relations for nVent and has
served in that role since May 2018 following nVent’s separation from Pentair. He
previously served as Pentair’s vice president, Investor Relations for its Electrical
segment. Prior to joining nVent, he served as senior director, Investor Relations and
Market Intelligence at St. Jude Medical. Weigelt holds an MBA degree from the
University of St. Thomas and a Bachelor of Arts degree in Marketing from Michigan
State University.

2019 nVent Institutional Investor and Analyst Day 70


Appendix
GAAP to Non-GAAP
Measurements & Reconciliations
Reported to Adjusted 2018 Reconciliation

2019 nVent Institutional Investor and Analyst Day 72


Reported to Adjusted 2017 Reconciliation

2019 nVent Institutional Investor and Analyst Day 73


Reported to Adjusted 2019 Reconciliation

2019 nVent Institutional Investor and Analyst Day 74


Organic Sales Growth and Free Cash Flow Reconciliation

2019 nVent Institutional Investor and Analyst Day 75

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