2018 nVent Investor and Analyst Day New York City February 13, 2018 - - PowerPoint PPT Presentation

2018 nVent Investor and Analyst Day

New York City February 13, 2018

5/3/2018

Welcome

J.C. Weigelt Vice President Investor Relations

Estimated Time Topic Speaker 1:00pm

Welcome J.C. Weigelt

1:05pm

Opening Remarks Randall Hogan

1:10pm

Overview of nVent Beth Wozniak

1:35pm

Growth Strategy Ben Sommerness

1:50pm

Overview of Enclosures Joe Ruzynski

2:05pm

Overview of Thermal Management Brad Faulconer

2:20pm

Overview of Electrical & Fastening Solutions Robert van der Kolk

2:35pm

Investment Thesis and Financial Outlook Stacy McMahan

2:50pm

Break

3:00pm

Q&A

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February 13, 2018 nVent Investor Day

Agenda for Today

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," "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 the ability to satisfy the necessary conditions to consummate the planned separation of our Electrical business and the Water business of Pentair plc into two independent, publicly- traded companies (the "Proposed Separation") on a timely basis or at all; the ability to successfully separate our business and realize the anticipated benefits from the Proposed Separation; adverse effects on our business operations or financial results as a result of the announcement or consummation of the Proposed Separation; unanticipated transaction expenses, such as litigation or legal settlement expenses; failure to obtain tax rulings or changes in tax laws; changes in capital market conditions; the impact of the Proposed Separation on our employees, customers and suppliers; overall global economic and business conditions impacting our businesses; the ability of our business to operate independently following the Proposed Separation; 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; 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 SEC, including our Registration Statement

• n Form 10. 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. The officer titles for individual speakers set forth in this presentation are the titles such persons are expected to have at nVent Electric plc after the completion of the Proposed Separation.

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Forward-Looking Statements

February 13, 2018 nVent Investor Day

• Except as Otherwise Noted, All References to nVent and All Amounts Included Herein

Represent the Pentair Electrical Business Excluding the Pentair Water Business

• "Core Sales" Refers to GAAP Revenue from Continuing Operations 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

• f Sales Attributable to Divested Product Lines Not Considered Discontinued

Operations

• "Adjusted Core Sales" Represents "Core Sales" Excluding the Impact of Large Jobs

Within our Thermal Management Business

• Segment Income Represents Equity Income of Unconsolidated Subsidiaries and

Operating Income from Continuing Operations Exclusive of Non-Cash Intangible Amortization, Certain Acquisition Related Expenses, Costs of Restructuring Activities, "Mark-to-Market" Gain (Loss) for Pension and Other Post-Retirement Plans, 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

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Key Definitions

February 13, 2018 nVent Investor Day

Opening Remarks

Randall Hogan Chairman, nVent

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Separation into Two Publicly-Traded Companies

Industry-Leading, Pure-Play Companies; Strong Brands & Financial Profiles WATER ELECTRICAL A Leading Global Water Treatment Company Focused on Smart, Sustainable Water Solutions A High-Performance Electrical Company Focused on Connecting and Protecting our Customers with Inventive Electrical Solutions

2017 Revenue: ~$2.1B 2017 ROS: ~19%* 2017 Revenue: ~$2.8B 2017 ROS: ~17%*

SUSTAINABILITY

Maximizing the Use of the Resources People Rely on Most Connecting & Protecting Critical Processes, People, and the Environment

CONNECTION & PROTECTION

February 13, 2018 nVent Investor Day *Includes allocated corporate costs

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The Next Step in the Evolution of Pentair

Rationale of Separation

RATIONALE FOUNDATION

STRATEGIC FOCUS Improved Clarity into Performance and Growth Opportunities CAPITAL ALLOCATION FLEXIBILITY Unique Strategies to Deliver Growth for Each FINANCIAL STRENGTH Supports Plan to be Successful, Profitable, and Sustainable PIMS Pentair’s “Business System” MANAGEMENT TEAM Mix of Current & New Executives and Board Members to Lead CAPITAL STRUCTURE Expect Strong Balance Sheet and Financial Positioning

February 13, 2018 nVent Investor Day

nVent Overview

Beth Wozniak Chief Executive Officer

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

Confidential & Proprietary

The Road to nVent

A Name that Reflects Our History and Our Future

Erico Founded

1900s 1940s 1950s 1960s 1970s 1980s 1990s 2000s

Hoffman Engineering Launched Raychem Founded Schroff Founded Tracer Founded Hoffman Acquisition Schroff Acquisition

2010s

Raychem & Tracer Acquisition (Tyco) Erico/Caddy Acquisition Caddy Launched

February 13, 2018 nVent Investor Day

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Performance History

4x Sales and nearly Doubled ROS…Profitable, Scaled Electrical Business 1996 2007 2017 Sales ($M) ROS

~19% ~10%

February 13, 2018 nVent Investor Day

~$550M ~$1.1B ~$2.1B

~15%

~$550M

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Diversified Portfolio with Strong Financials

High Performance Electrical Company Focused on Connection & Protection

Industrial

Company Characteristics Verticals Segments Geographies

US & Canada

65%

Western Europe

22%

Developing

11%

Other Developed

2% 45%

Infrastructure

12%

Enclosures

44%

Thermal Management

30%

Electrical & Fastening Solutions

26%

Commercial & Residential

27%

Energy

16%

▪ Industry-leading positions and strong brands ▪ Focused on improving utilization, lowering costs and maximizing customer uptime ▪ Attractive margin profile ▪ Strong free cash flow generation

2017 Financials

~19%

ROS

~$2.1B

Revenue

February 13, 2018 nVent Investor Day

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Industry Leading Positions

Premier Brands Recognized for Innovation, Quality and Reliability

• A global leader in electric heat tracing solutions
• A global leader in complete heat management systems
• A global leader in electrical and fastening solutions
• A leader in North American industrial enclosures
• A leader in European electronic protection

February 13, 2018 nVent Investor Day

We are a Leader in Connection and Protection

Our Value and Differentiation Drive Customer Loyalty

Our products…

• Connect and protect

across broad range of applications

• Meet stringent

regulatory standards and certifications Our products…

• Protect equipment

and electronics in hazardous environments

• Help avoid the high

cost of failure

Hazardous Location Cooling Reduced facilities

• perating costs by ~75%

Our products…

• Reduce labor cost in

installation

• Improve utilization
• Minimize downtime
• Reduce total cost of
• wnership

Rail Surge Protection

Mission-Critical Solutions High Cost of Failure Customer Productivity & Total Cost of Ownership

Stainless Steel Enclosures Purge and Pressurizatio n Systems

nVent has Mission-Critical Solutions That Create Value

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February 13, 2018 nVent Investor Day

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nVent Leadership Team

New Leadership Team in Place

BETH WOZNIAK Chief Executive Officer TOM PETTIT EVP & Chief Integrated Supply Chain Officer JOE RUZYNSKI President Enclosures BRAD FAULCONER President Thermal Management STACY McMAHAN EVP & Chief Financial Officer LYNNETTE HEATH EVP & Chief Human Resources Officer JON LAMMERS EVP, General Counsel & Secretary BEN SOMMERNESS EVP, Chief Growth & Strategy Officer ROBERT Van der KOLK President EFS

February 13, 2018 nVent Investor Day

Drive Productivity & Velocity

The nVent Strategy

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One nVent Focus on Attractive Verticals Accelerate Innovation & Connected Solutions Grow Globally & in Developing Regions Pursue Targeted Bolt-on Acquisitions

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Macro Trends are Favorable

Trends Drive use of More Electrical Products Demographic Shifts Technology & Connectivity Electrification & Urbanization Safety & Security

February 13, 2018 nVent Investor Day

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One nVent

Customers Channels Capability Digital Scale

Aligned Go to Market Teams for Key Verticals Key Partnerships and Account Management Commercial Excellence Digitizing the Customer Experience Common Processes & Systems

February 13, 2018 nVent Investor Day

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Focus on Attractive Verticals

Global Synchronous Growth in 2018 2018 Macro Outlook Commercial & Residential (27% of Sales) Industrial (45% of Sales) Energy (16% of Sales) Infrastructure (12% of Sales) Growth Focus

• Lower cost of ownership

and installation

• Specification selling
• Global new products
• New products, global

focus

• Connected solutions &

digital tools

• MRO focus
• Connected solutions
• New products
• Aligned go to market

and key account penetration

• New products

February 13, 2018 nVent Investor Day

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Accelerate Innovation and Connected Solutions

Innovative and Connected Solutions Addressing Unmet Needs

• Unique low-smoke, halogen-

free, and flame-retardant insulation

• Reduces Total Installed Cost
• Improves safety and reliability

Thermal Commercial Controller Advanced Flexible Busbar Thermal Industrial Controller Integrated Liquid Cooling Solutions

• Safe and reliable

temperature control

• Connected controls and

monitoring solutions

• Advanced connected

controls platform for heat tracing and leak detection

• Building Management

System connectivity

• Differentiated air to water &

water to water high density heat exchangers

• Critical need in datacenters

for high density heat loads

February 13, 2018 nVent Investor Day

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Grow Globally and in Developing Regions

Global Footprint Supports Global Growth

Manufacturing Facilities

• Developed Regions:

Accelerate product coverage and penetration

• Developing

Regions: Enhance local capabilities and localized solutions

• Localizing products
• Increasing global

design capability

February 13, 2018 nVent Investor Day

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Drive Productivity and Velocity

Drive Productivity and Velocity

Our Solid Foundation Lean Enterprise

• Standard Work
• Creating Flow
• Strategy Deployment

Digitization Standardization

• ERP Systems
• Processes

Lean Enterprise

• Lean Information Flow
• Integrated Supply Chain

Digital Transformation

• Enterprise-wide platforms
• Digital customer experience

Continue Standardization

• Across all processes

Accelerating Performance

February 13, 2018 nVent Investor Day

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nVent Values

Living our Values is Fundamental to Achieving Our Goals

Retain our Win Right Values and Culture

February 13, 2018 nVent Investor Day

Evolution of Our Management System

Building on a Strong Foundation

PIMS Foundation Introducing spark

PENTAIR INTEGRATED MANAGEMENT SYSTEM

Rapid Growth Process 3D Innovation Commercial Excellence Talent Mgmt.

• Org. Development

“Win Right” Values Standard Work Creating Flow Strategy Deployment

Growth Talent

Lean Enterprise

▪ Growth ▪ People ▪ Lean Enterprise ▪ Velocity ▪ Digital

spark

February 13, 2018 nVent Investor Day

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The 5 elements of Spark

Growth People Lean Enterprise Velocity Digital

Growth Mindset, Commercial Excellence Energize Employees & Create Value Lean Information Flow Drive Velocity in Everything We Do Digitize the Customer Experience, Products and Processes

February 13, 2018 nVent Investor Day

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Key Priorities by Segment

Focused Growth Globally

• Grow Industrial and Infrastructure
• Expand margins via productivity and price
• Digitize customer experience

Enclosures

• Grow Industrial, Commercial and Infrastructure
• Focus on Industrial MRO
• Launch new products and connected solutions

Thermal Management

• Grow Commercial and Infrastructure
• Launch new products and solutions
• Expand margins via productivity and price

Electrical & Fastening Solutions

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CEO Priorities Set up nVent as a Separate Public Company Drive Organic Growth Expand Margins via Productivity and Velocity Continue Strong Cash Flow Drive Disciplined Capital Allocation

February 13, 2018 nVent Investor Day

Long-Term Financial Framework

Long-Term Value Creation Goals

Differentiated growth 1-2% above GDP Margin Expansion Top Tier Performance Free Cash Flow = 100% Adjusted Net Income Long-Term Goals

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Revenue Segment Income EPS Cash Flow

February 13, 2018 nVent Investor Day

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Key Takeaways

Building a High Performance Growth Company

We are a Leader in Connection and Protection

February 13, 2018 nVent Investor Day

• We have industry leading positions in growing verticals
• We have attractive segments with differentiated growth
• pportunities
• We have a clear strategy and are focused on driving organic

growth

• Our One nVent approach can accelerate performance

Countdown to Target Spin Date ~ 76 Days, 19 hours, 55 min.

February 13, 2018 nVent Investor Day

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Growth Strategy

Ben Sommerness Chief Growth & Strategy Officer

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nVent’s Verticals are Attractive and Growing

Solid Vertical Growth and nVent Position

Characteristics Verticals Total Addressabl e Size ($B) Expected Growth Commercial & Residential ~22 ~3% Industrial ~18 ~4% Infrastructure ~11 ~4% Energy ~9 ~3% Total ~60 ~3-4%

• Large, attractive verticals
• Strong fundamentals

accelerating growth

– Technology/Connectivity – Electrification/Urbanization – Demographic Shifts – Safety and Security

• Good mix across verticals
• Many leadership positions
• Lots of opportunity, globally

February 13, 2018 nVent Investor Day

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We Have a Leading Portfolio of Electrical Products

Thermal Management ($622M) Enclosures ($935M) Electrical & Fastening Solutions ($541M)

Equipment Protection Building Infrastructure Solutions Industrial Heating Solutions Electronics Protection Fastening Solutions Electrical Solutions

2017 Revenue by Segment February 13, 2018 nVent Investor Day

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Unifying Our Strong Brands Under nVent

A “Branded House” That Better Enables Portfolio Selling

1966 1988 1994 2012 2015

2018

February 13, 2018 nVent Investor Day

Drive Productivity & Velocity

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The nVent Strategy

One nVent Focus on Attractive Verticals Accelerate Innovation & Connected Solutions Grow Globally & in Developing Regions Pursue Targeted Bolt-on Acquisitions

February 13, 2018 nVent Investor Day

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Growth Mindset…With Rigorous Execution to Deliver on Commitments

February 13, 2018 nVent Investor Day

Drive “One nVent” via Commercial Excellence Framework

Developing Addressing Executing Growing

Market & Customer Insights Market Analysis Product Management Commercial Effectiveness Strategy Development Value Creation & Pricing Demand Generation Innovation Branding & Communication Selling Service & Support

1 2 3 4 5 6 7 8 9 10 11

Near-Term Priorities to Drive Growth

• Product Management
• Customer Insights
• Innovation Velocity
• Strategic Pricing
• Commercial Effectiveness

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“One nVent” - Pursuing a Digital Strategy to Enable Growth

• Focus in 2018

– New web site – CRM launch – Product data – Configurators

• Transformation
• ver time

– 2018 – 2019 Digitize the Core – 2020 – 2021 Digital End-to-End – 2021+ World Class Customer Experience

Business strategy

Digitize Go-To-Market Connected Solutions Digitize Operations Digitize Support Functions

Accelerators (People, Technology, Analytics)

February 13, 2018 nVent Investor Day

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Configurators Allow Better Customer Experience

Connecting Our Customers to Create Value

• Enhancing the

customer experience

• Driving velocity by

simplifying processes

• Expanding

configurator capability to more product lines

Design Your Electronics Cabinet or Front Panel in Minutes!

Digital Example: Schroff Configurator

February 13, 2018 nVent Investor Day

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Attractive Verticals - Infrastructure

Coordinated Approach to Drive Infrastructure Opportunities

• Infrastructure is a large,

global vertical with attractive growth

– ~$11B, ~4% growth

• DataCom & Networking

Solutions (DNS) is one key growth opportunity

• Increase DNS sales via:

– Dedicated enterprise team – Selling solutions – Building on strong relationships – Bring global differentiation Racks & Accessories Cable Pathways Cooling Grounding

DataCom & Networking Solutions

February 13, 2018 nVent Investor Day

Thermal Management Cable Management Fire Protection Seismic Protection Lightning Protection DNS

• Commercial vertical is

large and growing

– ~$22B, ~3% growth

• Increase Commercial

sales via:

– Dedicated enterprise leader – Project pipeline expansion – Specification selling – Clear value propositions – Collaboration across nVent – Aligned channel to deliver

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Attractive Verticals - Commercial

Commercial Building

February 13, 2018 nVent Investor Day

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Accelerate Innovation - 3D Process for Organic Growth

Process Bearing Fruit, But Much More to Come

Deploy

Execute Launch

Develop

Optimize & Validate Design

Discover

Identify, Evaluate & Prioritize

• Established, robust

process driving velocity

– Vitality up 25% since 2015

• Increasing investment with

focus on ‘bigger’ ideas

– Technology differentiation – Better VOC, tools, and training – Continued 3D rigor

• Expect strong new product

sales contribution

– ~50 launches in 2018 – Target ~20% vitality longer term

3D Product Development Process

February 13, 2018 nVent Investor Day

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February 13, 2018 nVent Investor Day

Growth Globally and in Developing Regions

Sell Our Existing Portfolio…Globally!

• Approach:

– Align nVent, go-to-market approach – Product & manufacturing localization – Expanded in-region marketing – Broader channel partnerships – Prioritize, such as Silk Road

• Approach:

– Vertical growth initiatives – Segment coordination – Sell existing portfolio – Innovative solutions – Aligned channel partnerships

• Growth Examples:

– ERIFLEX FLEXIBAR busbar in U.S. – CADDY fasteners in Europe – RAYCHEM XL-TRACE heat trace

Developing Regions Developed Regions

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Key Takeaways

nVent is Poised for Strong Growth

• nVent is in attractive, growing verticals
• We have strong, well-positioned brands and products
• We are unifying under One nVent to drive portfolio growth
• nVent has an exciting future with a clear, focused strategy
• Underpin growth with commercial excellence velocity

February 13, 2018 nVent Investor Day

Enclosures

Joe Ruzynski President, Enclosures

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What You Will Hear Today

Positioned to Drive Growth and Expand Margin

• Enclosures is growing and is well positioned to grow

− Strong brands positioned well in favorable verticals − Sustainable competitive advantages

• We expect to grow by:

− Driving growth in Industrial and Infrastructure verticals − Supporting the transformation in our channel and digitizing our front end − Growing in Developing Regions

• We plan to expand margins by:

− Driving productivity and lean in our newly expanded footprint − Optimizing price − Leveraging digital and increasing velocity

February 13, 2018 nVent Investor Day

Other Developed 11%

We provide innovative solutions that protect, connect, and manage heat in critical electronics, communication, control, and power equipment.

Who We Are: Enclosures

Description 2017 Financials Verticals Geographies

US & Canada 69% Western Europe 18% Developing 1% Industrial 60% Energy 11% Infrastructure 19% Commercial 10%

$935M

Revenue ~17% ROS

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February 13, 2018 nVent Investor Day

We Connect and Protect Critical Controls and Components

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Hazardous Location Enclosures Modular Enclosure Solutions Industrial Cooling Server Cabinets Data Center Solutions Power Supplies Subracks and Cases

Equipment Protection Electronic Protection

February 13, 2018 nVent Investor Day

Industrial controls and automation Oil & gas controls Food and beverage Commercial construction Data centers & networking Rail signaling and control Test and measurement Aerospace and defense Data centers & networking

49

Did you know?

Providing Innovative Solutions for More Than 70 Years

• More than 30 million nVent enclosures are in use

around the globe today

• Our 4X stainless steel enclosure with POWERGLIDE handle

withstood hurricane flooding for four days

• Data centers with high heat densities are deploying

nVent closed loop cooling systems globally

• nVent backplanes provide millions of passengers a

pleasant inflight entertainment experience

February 13, 2018 nVent Investor Day

• Strategic channel partnerships
• Digitize customer experience

Key 2018+ Priorities to Support nVent Strategy

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One nVent Focus on Attractive Verticals Stabilize Performance & Strengthen Margin Grow Globally & in Developing Regions 1 3 4 2

• Accelerate in higher growth DNS
• Global industrial expansion
• Flow capital to best opportunity
• Partnered distribution model
• Value based pricing
• Streamlined offering in growth regions
• Localization of design
• Globally serve key OEMs

February 13, 2018 nVent Investor Day

Well Positioned to Continue Capturing Macro Trends

Demographi c Shifts Electrification & Urbanization

Industrial & Infrastructure Investments in Developing Regions Increased Data Needs … Everywhere Remote Monitoring, Predictive Maintenance

Macro-Trends Example Sub-Trends

Channel Velocity and Value Add Broad Footprint and Portfolio Leading Data, Networking, and Cooling Solutions Connected Cooling and Power

Segment Implications

Configurator and Modification Solutions

Technology & Connectivity Safety & Security

February 13, 2018 nVent Investor Day

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Enclosures Has Strong Competitive Advantages

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Strong Brand Recognition Technical Expertise Customized Products and Solutions Broad Product Offering and Availability

• Deep history in our

Hoffman and Schroff brands and reputation for quality and reliability

• Specialized

engineering and testing expertise enables ability to deliver high performance, lower cost designs

• Ability to tailor

products and provide innovative solutions to meet complex customer requirements

• Broad enclosure,

cooling, and accessory product

• ffering
• Strong availability

through global channel

February 13, 2018 nVent Investor Day

Customer needs: Harsh environments cause “general purpose” products to fail

• Rusting and

corrosion

• Equipment

failures

• Down time
• Lost revenue
• Incremental

expense

Differentiated Solutions Driving Customer Value

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SPECTRACOOL air conditioners with Advanced Corrosion Protection

• Differentiated corrosion protection

solution

• Implemented at Leading Tire

Manufacturer for a 24 month pilot

• Strong results at customer:
• Uptime improvement of ~500%
• Cost savings of ~$1.4m

Smart - Remote Monitoring of Air Conditioners Extends Life Testimonial: “Production can run more smoothly without worrying about downtime since we introduced protected AC units and remote monitoring.”

February 13, 2018 nVent Investor Day

Using Digital to Improve the Customer Experience

Setting the Base for Digital Transformation

• Improve customer’s digital journey with flexible search and collaborative

design tools

• Provide better customer service through quick quoting, fast fulfillment, order

tracking and online support

• Support channel’s effort to add value by integrating with their sites

EASY SEARCH CONFIGURE & PRICE FULFILL & TRACK VELOCITY

February 13, 2018 nVent Investor Day

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Driving Growth With New Products

Strong Pipeline, Well Positioned for Growth PROTECTING PEOPLE CONTRACTOR INNOVATION

Product:

Internal Disconnect Shield

Customer Need:

Reduce risk of electric shock and arc flash

Differentiating features:

− Open back with holes for easy mounting − Door stop to prevent incidental contact − Automatic latching

Product:

Angled Trough

Customer Need:

Cut total installation time by the elimination of costly 90-degree conduit bends

Differentiating features:

− Angled design allows pulls through front and eliminates need for conduit bends − Simple cover design for up to 80% installation labor savings

February 13, 2018 nVent Investor Day

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Improving Performance and Margin Expansion

Path to Margin Expansion and Improved Customer Experience

Investment

Past: 2015-2017

Capacity Expansion Factory Consolidation New Distribution Center Automation Stabilization and Growth

Execution

Today: 2018

Integrated Supply Chain Logistics Optimization Digital Front End Pricing Growth and Lean Enterprise

Acceleration

Future: 2019-2022

Supply Chain Velocity Digital End to End Improved Customer Experience Growth and Margin Expansion

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Enclosures Financial Overview

Accelerating Growth and Expanding Margins in the Second Half of 2018

Revenue ($M) ROS

$959 $911 $935

2015 2016 2017 2018 Outlook

21% 20% 17%

2015 2016 2017 2018 Outlook

• Improve the customer experience
• Drive growth in key verticals
• Introduce innovative products
• Grow in developing regions
• Optimize pricing
• Drive productivity and lean
• Remove complexity
• Leverage digital

~Flat +4-6%

February 13, 2018 nVent Investor Day

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Key Takeaways

Positioned to Drive Growth and Expand Margin

February 13, 2018 nVent Investor Day

• Enclosures is growing and is well positioned to grow

− Strong brands positioned well in favorable verticals − Sustainable competitive advantages

• We expect to grow by:

− Driving growth in Industrial and Infrastructure verticals − Supporting the transformation in our channel and digitizing our front end − Growing in Developing Regions

• We plan to expand margins by:

− Driving productivity and lean in our newly expanded footprint − Optimizing price − Leveraging digital and increasing velocity

Thermal Management

Brad Faulconer President, Thermal Management

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What You Will Hear Today

Differentiated Solutions Positioned for Growth

• Our Thermal Management segment has improved profitability

and we believe is positioned for sustained growth

− Highly differentiated products and solutions − Diversified to capitalize on key global trends

• We expect to grow by:

− Launch of new products & software − Delivering Vertical growth in Industrial, Commercial and Infrastructure − Expanding regional presence through localization

• We plan to expand margins by:

− Driving productivity, pricing and velocity

February 13, 2018 nVent Investor Day

Other Developed 14%

We provide electric thermal solutions that connect and protect people, critical infrastructure, industrial processes and buildings.

Who We Are: Thermal Management

Description 2017 Financials Verticals Geographies

US & Canada 55% Western Europe 29% Developing 2% Industrial 43% Energy 31% Commercial & Residential 26%

$622M

Revenue ~24% ROS

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February 13, 2018 nVent Investor Day

A Global Leader in Thermal Management Solutions

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Industrial Heating Solutions Building & Infrastructure Solutions Pipe freeze protection Process temperature maintain Pipeline heating Tank & vessel heating

Heat Tracing for Plant Piping & Vessels Heating System Components Control, Monitoring & Sensing Turnkey Services Heat Tracing for Pipes & Surfaces Floor Heating Cables & Mats Thermostats, Controls Fire Rated Wiring Cables

Snow melting & de-Icing Radiant floor warming Liquid leak detection Life safety power cables

February 13, 2018 nVent Investor Day

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Did you know?

Thermal Management Connects and Protects Around the World The world’s longest heated pipeline in India uses Raychem heating technology, engineered by Tracer New York High Rise buildings use Raychem heating technology for efficient hot water design for instant hot water on every floor Inventor of Self-Regulating Heating Cables with more than a Billion Feet installed worldwide

February 13, 2018 nVent Investor Day

• Strategic channel partnerships
• Digitize the customer experience

Key 2018+ Priorities to Support nVent Strategy

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One nVent Focus on Attractive Verticals Product Innovation to Capitalize on Attractive Global Trends Grow Globally & in Developing Regions 1 3 4 2

• Industrial MRO
• Commercial & Infrastructure
• Smarter, IoT enabled products
• Fire, Safety and Sustainability
• Flow Assurance
• Build local commercial capability
• Regionalization of products

February 13, 2018 nVent Investor Day

Well Positioned to Continue Capturing Macro Trends

Demographi c Shifts Electrification & Urbanization Technology & Connectivity Safety & Security

Macro-Trends

Connected Solutions Sustainability Enhanced Fire and Life Safety Standards

Segment Implications

Regional Expansion & Localization

Differentiated Solutions

Connected: Heat Trace Control & Monitoring

Flow Assurance

Sustainability: Systems for Energy & Water savings in Buildings Safety: Anti-icing for Ships and Offshore Platforms, De-icing for Buildings Flow Assurance: Protecting Critical Pipelines Fire: Life Safety Circuits

February 13, 2018 nVent Investor Day

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Thermal Has Strong Competitive Advantages

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Strong Brand Recognition Technical Expertise Complete Solutions Ease of Installation and Reduced Total Cost

• History of

innovative and high-quality products & services

• Specialized

engineering expertise for

• ptimized solutions
• Offer one-stop

shop from products to complete installations

• Highly Reliable

solutions that lower total cost of

• wnership

February 13, 2018 nVent Investor Day

Differentiated Solutions Driving Customer Value

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TracerLynx Platform:

• Single database heat management

design software

• Imports electronic piping files and

specs

• Powerful design optimization and

change management Thermal Management 3D Design & Optimization Software Customer Results:

• Heating & Insulation optimization resulting

in significant power load reduction

• Power distribution savings from reduced

power cable and cable tray

• Customer case studies support 1% in overall

Heat Management System savings

February 13, 2018 nVent Investor Day

Driving Growth With New Products

Strong Pipeline, Well Positioned for Growth Innovation in Heating Technology Innovation in Connected Controls

• Product: Raychem

Control & Monitoring

• Customer Need: Ease
• f use, connectivity
• Differentiating

features: − Touch user interface − Full connectivity − Global standards

• Product: Raychem

XL-Trace

• Customer Need:

Enhanced Fire Safety

• Differentiating

features: − Low smoke, zero halogen polymers − 50% less smoke

• ver standard

cables

02:05 02:05 Industrial Process Heat Tracing Controller Multi Application Controller

February 13, 2018 nVent Investor Day

68

69

Business Performance Improvement Through PIMS

Significant Process Improvements Delivering Financial Results

• ~800 bps improvement in Operating Margins since 2012

Lean Manufacturing Lean Engineering New Product Development Redwood City Plant:

• ~50% cycle time reduction
• ~25% square foot reduction
• 3 shifts to 2 shifts with

increased production NPD Process:

• Standard work, visual

management

• ~10% to 20% vitality
• ~25% annual increase in

5YIR incremental revenue Global Engineering Centers:

• Standard work and visual mgmt.
• Work share across 8 offices
• ~80% lead time reduction
• ~100% improvement in

production output

February 13, 2018 nVent Investor Day

70

Thermal Financial Overview

Thermal Sales Declined With Non-Recurring Projects, Profit Grew Solidly

Revenue ($M) ROS

$703 $692 $622

2015 2016 2017 2018 Outlook

22% 18% 24%

2015 2016 2017 2018 Outlook

• Deliver new products & software
• Grow in focused verticals
• Regional expansion, China
• Drive productivity and lean
• Remove complexity
• Leverage digital
• Deliver pricing and velocity

+1-3% 50-70 bps

February 13, 2018 nVent Investor Day

71

Key Takeaways

Differentiated Solutions Positioned for Growth

• Our Thermal Management segment has improved profitability

and we believe is positioned for sustained growth

− Highly differentiated products and solutions − Diversified to capitalize on key global trends

• We expect to grow by:

− Launch of new products & software − Delivering Vertical growth in Industrial, Commercial and Infrastructure − Expanding regional presence through localization

• We plan to expand margins by:

− Driving productivity, pricing and velocity

February 13, 2018 nVent Investor Day

Electrical & Fastening Solutions (EFS)

Robert van der Kolk President, EFS

73

What You Will Hear Today

Sustained Profitable Growth

• Our Electrical & Fastening Solutions (EFS) segment is well

positioned for sustained growth with

• Innovative solutions
• End-user focused applications
• Strong brands with well-defined value propositions
• We expect to grow by:
• Innovative new products and solutions
• Targeted vertical and regional focus
• Further enhanced customer experience
• We plan to expand margins by:
• Price/Cost, productivity, lean enterprise and simplicity

February 13, 2018 nVent Investor Day

Other Developed 10%

We provide electrical and fastening solutions that connect and protect electrical and mechanical systems and civil structures.

Who We Are: Electrical & Fastening Solutions

Description 2017 Financials Verticals Geographies

US & Canada 70% Western Europe 18% Developing 2% Industrial 19% Energy 10% Infrastructure 14% Commercial 57%

$541M

Revenue ~26% ROS

74

February 13, 2018 nVent Investor Day

A Global Leader in Electrical & Fastening Solutions

75

Fastening Solutions

Electrical Installation & Protection Rail & Transit Telecom Utility & Industrial Facilities

Electrical Solutions

Electrical Installation Seismic & Fire Protection Data Communications HVAC

• .77

February 13, 2018 nVent Investor Day

Data Communications Electrical Installation Electrical Protection Rail & Transit

76

Did you know?

Electrical & Fastening Solutions Connects and Protects Around the World

nVent sells ERICO products to all major North American and most major international rail companies With over 100,000,000 connections installed globally, ERICO CADWELD sets the standard in the exothermic welding method in the industry since 1939 nVent manufactures and sells over 5,000 miles of CADDY Telescoping Screw Gun Brackets annually

February 13, 2018 nVent Investor Day

• Strategic channel partnerships
• Digitize customer experience

Key 2018+ Priorities to Support nVent Strategy

77

One nVent Focus on Attractive Verticals Innovative New Products & Solutions Targeted Geographic Expansion 1 3 4 2

• Solution selling across nVent portfolio
• Aligned approach to focused verticals
• Innovation with strong value propositions
• Supported by macro trends
• Right product, right place, right time
• Efficient local teams

February 13, 2018 nVent Investor Day

Well Positioned to Continue Capturing Macro Trends

Macro-Trends Implications Differentiated Solutions

CADDY Prefab Solutions CADDY Seismic ERIFLEX FLEXIBAR ERICO Rail Seismic Calculator Prefab Configurator

• Reliable

Products

• Code

Compliant Solutions

• Ease of Use
• Interactive

Solutions

• Modular

Products

• Ease of

Installation

February 13, 2018 nVent Investor Day

78

Electrification & Urbanization Technology & Connectivity Safety & Security

EFS Has Strong Competitive Advantages to Leverage

79

Brand Recognition Well-defined Value Propositions Diversification Innovation

Total Cost of Ownership Design Flexibilit y

115

YEARS

53% | 83% 29% | 81%

Regions Verticals

&

February 13, 2018 nVent Investor Day

WITHOUT AID WITH AID

Differentiated Solutions Drive Customer Value

80

Panel Manufacturer Need: ▪ Save time ▪ Save space Differentiations: ▪ Flexible ▪ Customizable solution ▪ Reduce total installed cost ▪ Safety & Reliability Customer Results: ▪ Reduced installation time ▪ Less congestion in panel ▪ Improved panel performance

Before After

February 13, 2018 nVent Investor Day

Driving Growth With New Products

Strong Pipeline, Well Positioned for Growth

Rail Switch Heating Systems Stamped Bracing Systems

• Differentiating features:

− Safety & Reliability − Energy efficient − Customized solutions

• Differentiating features:

− Reduce total installed cost − Ease of installation

CADDY Stamped Seismic Bracing ERICO Rail Switch Heating System

Differentiated Conductors

• Differentiating features:

− Unique − Safer − Flexible

ERIFLEX FLEXIBAR ADVANCED

81

February 13, 2018 nVent Investor Day

82

EFS Financial Overview

Profitable Growth with More Opportunity Ahead

Revenue ($M) ROS

$147 $513 $541

2015 2016 2017 2018 Outlook

26% 28% 26%

2015 2016 2017 2018 Outlook

• Innovative new products & solutions
• Targeted vertical & regional focus
• Strong brands with well defined value

proposition

• Price / Cost
• Productivity and lean enterprise
• Simplicity

+3-5% 30-50 bps

February 13, 2018 nVent Investor Day

83

Key Takeaways

Sustained Profitable Growth

▪ Our EFS segment is well positioned for sustained growth with

▪ Innovative solutions ▪ End-user focused applications ▪ Strong brands with well-defined value propositions

▪ We expect to grow by:

▪ Innovative new products and solutions ▪ Targeted vertical and regional focus ▪ Further enhanced customer experience

▪ We plan to expand margins by:

▪ Price/Cost, productivity, lean enterprise and simplicity

February 13, 2018 nVent Investor Day

Investment Thesis & Financial Outlook

Stacy McMahan Chief Financial Officer

85

What You Will Hear Today

An Attractive Long-Term Investment

February 13, 2018 nVent Investor Day

• Expect Industry Growth
• Positive Macro Environment
• Highly Profitable Business with Sustained Margin Performance
• Consistent, Strong Cash Flow
• Disciplined Capital Allocation

86

Differentiated Growth

Focus on Establishing Reliable Growth Profile

Organic:

• Favorable macro trends
• Differentiated opportunities in verticals
• New products and connected solutions
• Underpenetrated in certain global verticals

Inorganic:

• Attractive bolt-on targets in highly fragmented markets

February 13, 2018 nVent Investor Day

Favorable Margin Profile

$1,809 $2,116 $2,098 20% 21% 21%

2015 2016 2017

Sales

• Adj. EBITDA Margin

…with established margin performance via:

• Diversification
• Growth in new regions and new products
• MRO business mix
• Lean enterprise

Starting from a position of competitive margin…

Sales & Adjusted EBITDA Margin1 2017 Adj. EBITDA Margin1 of Select Electrical Peers

Note: Adjusted EBITDA Margin excludes the impact of non-cash amortization, certain acquisition related expenses, costs of restructuring activities, “mark-to-market” gain (loss) for pension and

• ther post-retirement plans, impairments, and other unusual non-operating items. ¹ 2017A adj. EBITDA margins for Littelfuse, nVent, and Hubbell, 2017E adj. EBITDA margins for Amphenol,

Legrand, Thermon, Eaton, and Schneider Electric based on IBES estimates. Hubbell not pro forma for the acquisition of Aclara. February 13, 2018 nVent Investor Day

23.9% 23.7% 22.5% 21.0% 18.2% 17.3% 17.3% 16.5%

88

A Clear Opportunity to Drive Margin Expansion

Runway for Sustained Profitability Improvement

• Drive profitable growth

‒ Commercial excellence ‒ Pricing optimization ‒ Product vitality acceleration

• Expand lean enterprise

‒ Lean information flow ‒ Integrated supply chain

• Driving common processes and systems

February 13, 2018 nVent Investor Day

Strong Cash Flow Generation

Consistent and Strong Free Cash Flow Generation

• Target free cash flow at 100% of

adjusted net income

• Drive working capital velocity

Free Cash Flow1 Capital Expenditures $47 $75 $32 2.6% 3.5% 1.5%

2015 2016 2017 Capex % of Sales (%)

$251 $232 $334 109% 86% 115%

2015 2016 2017 Free Cash Flow % Adj. Net Income

1.Free cash flow represents net cash provided by operating activities, less capital expenditures, plus proceeds from sale of property and equipment. February 13, 2018 nVent Investor Day

• Low capital intensity
• Expect capital expenditures to

equal depreciation

90

Conservative Capital Structure and Allocation Philosophy

Committed and Disciplined

• Target investment grade metrics
• Balanced capital deployment strategy
• Competitive dividend policy
• Share repurchases to offset dilution at a minimum
• Bolt-on acquisitions targeting focused growth areas

February 13, 2018 nVent Investor Day

91

M&A Strategy

Well Prepared to Execute

Key Considerations:

• How does the target fit nVent’s strategy?
• How compelling are the financials of the deal?
• Why are we the right buyer?
• What’s our integration plan?
• Who’s the integration team?

Example of Financial Targets:

• ROIC crosses cost of capital at 24 months
• Accretive at 12 months

February 13, 2018 nVent Investor Day

92

nVent Financial Overview

Expecting Solid Top Line and Adjusted EPS Growth

February 13, 2018 nVent Investor Day *Includes 3 months from ERICO acquisition

Revenue ($B) Segment Income ($M) Pro Forma Adjusted EPS

$1.81* $2.12 $2.10

2015 2016 2017 2018 Outlook

$1.58

2017 2018 Outlook

$1.70-$1.80

• Interest: $40M in

2017, ~30M in 2018

• Tax rate: 20% in

2017, ~18% in 2018

• Share count: 184M

in 2017, ~183M in 2018

Summary

• Sales expected to be up 3-5% on 2-4%

core sales growth

• Segment Income growth, inclusive of

incremental growth investment

• Target free cash flow = Adj. Net Income
• Tax rate tailwind in 2018

+~10%

+3-5% ~$420 $339* $401 $404

2015 2016 2017 2018 Outlook

93

2017 and 2018 Revenue Performance

Focused Initiatives Drive Growth in 2018 2017 2018E

(1 pt) 2016 FX 2017 Price Volume Acq./ Large Jobs 3 pts 0 pts (4 pts) 1 pts

• 0.9%

YoY

($89M) $2.1B $12M $58M $1M $2.1B

(1 pt) 2017 FX 2018E Price Volume ~2 pts ~1 pts ~1 pts

+3-5%

YoY

$2.1B ~$25M ~$40M ~$15M ~$2.2B

Summary Summary Adjusted Core Sales Up ~3%

• Enclosures Up 2%
• Thermal Management Up 4%
• EFS Up 2%

February 13, 2018 nVent Investor Day

Core Sales Up 2-4%

• Enclosures Up 3-5%
• Thermal Management Up 0-2%
• EFS Up 2-4%

94

2017 and 2018 Segment Income Performance

Investing in Growth and Accelerating Productivity 2017 2018E

(1 pt) 2016 Prod. 2017 FX Growth/ Price/Acq. Inflation

1%

YoY

($42M) $401M $28M $15M $2M $404M

Summary Summary

ROS 19% ROS 19%

(1 pt) 2017 Prod. 2018E FX Growth/ Price Inflation

~4%

YoY

($55M) $404M $50M ~$15M ~$5M ~$420M

ROS 19% ROS ~19% Net of Growth Investment

February 13, 2018 nVent Investor Day

• Income up 1%, ROS +20 bps
• Price lagged inflation, positive exit rate
• Stabilizing productivity headwinds in

Enclosures

• Income up ~4%
• Flat ROS inclusive of growth investments
• Expect Enclosures margin improvement

in 2H 2018

95

2017 and 2018 Adjusted EPS and Free Cash Flow

Expecting to Deliver Double Digit Adjusted EPS Growth Adjusted EPS Free Cash Flow

(1 pt)

2018E Capex Depreciation

~$320M ~$0M ~$35M (~$35M) ~$320M

Summary Summary

(1 pt)

2017 Pro Forma EPS Tax Rate 2018 Adj. EPS Outlook Interest Segment Income

~5% ~2% ~3%

$1.58 ~$.03 ~$.08 ~$.04 $1.70-$1.80

+~10%

YoY

• Interest expense dependent on final

capital structure

• Effective tax rate improves to ~18%,

down 2 points from 2017 rate

• Shares of ~183M
• Business is not capital intensive
• Capex is ~2% of estimated 2018 sales
• Target free cash flow to equal adjusted

net income

2018 Adj. Net

• Inc. Outlook

Work Cap/ Other

February 13, 2018 nVent Investor Day

• Restructuring
• Taxes

+ Working __Capital

96

Full Year 2018 nVent Outlook

Stand Up nVent While Growing the Top Line and Investing in Growth Enclosures Thermal EFS Total Core Sales Up 3-5% Up 0-2% Up 2-4% Up 2-4% ROS ~Flat +50-70bps +30-50bps ~Flat Corporate Expenses ~$45M Interest Expense ~$30M Tax Rate ~18% Adjusted EPS $1.70 - $1.80 Shares ~183M

February 13, 2018 nVent Investor Day

Key Considerations

• FX sales benefit of ~1%
• ROS inclusive of growth investments
• Tax rate benefit of ~2% from tax

reform

• Capital expenditures ~2% of sales
• Total D&A of ~$100M + ~$13M of non-

cash stock compensation

Strong Growth

• GDP growth plus one or two points
• EPS grows multiple points faster than sales

Disciplined Capital Allocation

• Competitive dividend policy
• Repurchase shares to offset dilution
• Active and disciplined M&A program

Robust Cash Generation

• Free Cash Flow conversion at 100% of Adjusted Net Income
• Best in class Working Capital management

Strong Balance Sheet

• Target Investment grade metrics
• Sustain prudent liquidity levels

97

Long-Term Financial Outlook

February 13, 2018 nVent Investor Day

98

February 13, 2018 nVent Investor Day

Investment Thesis

Generate Shareholder Value with Leading Brands and a Competitive Playbook

Mission-Critical Solutions Maximize Customer Efficiency Leading Industry Positions, Brands and Footprint Diversified Across Products, Verticals and Customers Strong Financial Profile and Operational Focus Strong Cash Flow Generation Conservative Capital Structure & Capital Allocation Philosophy

Value Creation

10 Minute Break

Question & Answer Session

Thank Y

• u

nVent Leadership Bio’s

103

nVent Leadership Bio’s

RANDALL J. HOGAN

CHAIRMAN | NVENT

Randall J. Hogan currently serves as Pentair’s Chairman and Chief Executive Officer and upon the separation, he will serve as Chairman of nVent. Hogan was named Pentair’s Chief Executive Officer in 2001 and was appointed Chairman in 2002. He first joined Pentair in 1998 as Executive Vice President of the Enclosures Group. Prior to Pentair, Hogan was President of United Technologies’ Carrier Transicold Division. He also held leadership roles at the Pratt & Whitney division of United Technologies, General Electric, and McKinsey & Company. Hogan serves as a Director of Medtronic plc where he is also a member of the Audit and Finance

• Committees. Hogan holds an MBA from the University of Texas at Austin and a Bachelor of

Science degree in Civil Engineering from the Massachusetts Institute of Technology.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

104

nVent Leadership Bio’s

BETH A. WOZNIAK

CHIEF EXECUTIVE OFFICER | NVENT

• Ms. Wozniak will be the Chief Executive Officer of nVent. She was named Pentair's Senior Vice

President and President of its Electrical segment in 2017. She previously served as President of Pentair's Flow & Filtration Solutions global business unit, now a part of the Water segment. Prior to joining Pentair in 2015, Ms. Wozniak held several leadership positions at Honeywell and its predecessor AlliedSignal. She was most recently President of Honeywell’s Environmental and Combustion Controls business. Previously, she 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. Ms. Wozniak holds a Bachelor of Engineering degree from McMaster University in Hamilton, Ontario, Canada and an MBA from York University in Toronto.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

105

nVent Leadership Bio’s

STACY P. MCMAHAN

EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER | NVENT

• Ms. McMahan will be the Executive Vice President and Chief Financial Officer of nVent.

Previously, Ms. McMahan was the Chief Financial Officer of The Spectranetics Corporation (a developer and manufacturer of single-use medical devices) beginning in September 2015. Ms. McMahan was the Senior Vice President, Chief Financial Officer and Treasurer of MSA Safety,

• Inc. (a global industrial company protecting the health and safety of industrial workers) from

2013 – 2015 and the Senior Vice President, Finance of MSA Safety, Inc. from 2012 – 2013. Previously, she served over 20 years in the life science industry, most recently as Vice President, Finance for the Customer Channels Group of Thermo Fisher Scientific from 2011 to 2012 where she directed the channel finance function supporting research, safety and healthcare customers and suppliers. Ms. McMahan served over six years with the Johnson & Johnson family of companies as the Vice President of Finance and Chief Financial Officer for Johnson & Johnson Customer & Logistics Services and Johnson & Johnson Health Care Systems; the World Wide Vice President of Finance and Chief Financial Officer for DePuy Orthopaedics; and Executive Director of Finance for Ethicon Endo-Surgery. Ms. McMahan received a Bachelor of Science in Finance from Oklahoma State University and an MBA from the Harvard Business School.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

106

nVent Leadership Bio’s

LYNNETTE R. HEATH

EXECUTIVE VICE PRESIDENT, CHIEF HUMAN RESOURCES OFFICER | NVENT

• Ms. Heath will be the Executive Vice President and Chief Human Resource Officer of nVent. She

joined from Twin Cities based Entrust Datacard, where she served as Senior Vice President of Global Human Resources since 2009. Previously, she served in HR roles at General Electric, McKesson Corp, and Xcel Energy. Ms. Heath has a Bachelor of Arts degree in Political Science from the University of Minnesota.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

107

nVent Leadership Bio’s

JON D. LAMMERS

EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY | NVENT

• Mr. Lammers will be the Executive Vice President, General Counsel and Secretary of nVent. He

joined from Wichita based Foulston Siefkin LLP. Previously he served as Senior Vice President, General Counsel and Secretary at Spirit AeroSystems in Wichita and held various senior legal roles at Cargill in Minneapolis, Wichita and Singapore. Prior to his corporate experience, Jon practiced law at Oppenheimer, Wolff & Donnelly and Paul Hastings. Mr. Lammers received his law degree from the University of Virginia and his Bachelor of Science degree in Business Administration from the University of Southern California.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

108

nVent Leadership Bio’s

BENJAMIN R. SOMMERNESS

EXECUTIVE VICE PRESIDENT, CHIEF GROWTH & STRATEGY OFFICER | NVENT

• Mr. Sommerness will be the Executive Vice President, Chief Growth and Strategy Officer of
• nVent. He joined from Twin Cities-based Smiths Medical, where he served as Vice President of

Global Strategy and Transformation since 2010. Previously, he served in leadership roles at the Boston Consulting Group, Talmadge Consulting and G&K Services. A former Captain in the U.S. Army, Sommerness earned an MBA in Finance at the Wharton School at the University of Pennsylvania and a Bachelor of Science degree in Civil Engineering at the United States Military Academy at West Point.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

109

nVent Leadership Bio’s

TOM F. PETTIT

EXECUTIVE VICE PRESIDENT, CHIEF INTEGRATED SUPPLY CHAIN OFFICER | NVENT

• Mr. Pettit will be the Executive Vice President and Chief Integrated Supply Chain Officer of
• nVent. He is currently the Operations and Supply Chain Vice President of Pentair and has served

in that role since 2015, and previously from 2008-2013. Earlier, Mr. Pettit previously served as the Chief Operating Officer for BioScrip, Inc. (a provider of infusion and home care management solutions) from 2014 – 2015, as the Senior Vice President and General Manager for Ryder Supply Chain Solutions from 2013 – 2014 (a logistics company), and as the Vice President, Finance and Global Supply Chain for ADC Telecommunications, Inc. from 2005 – 2008. He worked for General Electric Company as a Sourcing Leader from 2002 – 2003 and then as a Product General Manager from 2003 – 2005. Mr. Pettit held various consulting positions with Towers Perrin General Management Services and McKinsey & Company, Inc. from 1995 –

• 2002. He began his career serving in the US Army as an officer in the Corps of Engineers. Mr.

Pettit has a BS from the United States Military Academy at West Point, and an MBA from the University of Hawaii.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

110

nVent Leadership Bio’s

JOSEPH A. RUZYNSKI

PRESIDENT, ENCLOSURES | NVENT

• Mr. Ruzynski will be the President of Enclosures at nVent. Mr. Ruzynski is currently the Vice

President of Pentair’s Enclosures Strategic Business Unit and has served in that role since January 2017. Mr. Ruzynski previously served as Vice President of Pentair’s Engineered Projects Strategic Business Group in its Valves & Controls Global Business Unit from 2016 – 2017 and Vice President of Pentair’s Fluid Motion Business Group from 2015 – 2016. He was the Vice President, Operations of Pentair’s Equipment Protection and Technical Solutions Global Business Units from 2012 – 2014, and held various supply leadership positions with Pentair from 2003 – 2012. Mr. Ruzynski was a Manager with Ernst & Young from 1997 – 2003. Mr. Ruzynski holds a BA in Mathematics and Computer Science from St. John’s University and an MBA from the Carlson School, University of Minnesota.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

111

nVent Leadership Bio’s

• M. BRADLEY FAULCONER

PRESIDENT, THERMAL MANAGEMENT| NVENT

• Mr. Faulconer will be the President of Thermal Management at nVent. Mr. Faulconer is

currently the Vice President of Pentair’s Thermal Management Strategic Business Unit of the Electrical segment and has served in that role since January 2017. Mr. Faulconer previously served as the Vice President of Pentair’s Thermal Building Solutions Unit from 2014 – 2016. He was the Vice President, Marketing of Pentair’s Thermal Management Unit from 2010 – 2013.

• Mr. Faulconer held various general management and marketing leadership roles with Tyco

Thermal Controls in the U.S. and Asia from 2001 – 2010. From 1991 – 2000, Mr. Faulconer held various sales roles with Valquip Corporation. Mr. Faulconer holds a Bachelor of Science degree in Civil Engineering from Villanova University.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

112

nVent Leadership Bio’s

ROBERT J. VAN DER KOLK

PRESIDENT, EFS | NVENT

• Mr. van der Kolk will be President, EFS at nVent. He currently serves as Vice President / General

Manager of the Electrical Fastening Solutions Business (EFS), of Pentair, since September 2015. Between September 2015 and May 2016 Robert was member of the team that oversaw the integration of ERICO International Corporation into Pentair. From January 1, 2012 to September 2015 Robert served as Executive Vice President, ERICO Sales and member of the Executive Management Team of ERICO International Corporation. From Jan 1, 2011 Robert served as Vice President LENTON Sales and member of the Executive Management Team, prior to which Robert served as Vice President LENTON from 2008 to 2010. From 2004 to 2008 Robert served as Director Development, from 2002 to 2004 as Director Manufacturing Fixing and Fastening Business and in 2001 as Worldwide Manufacturing Manager CRP & Electrical Business. Prior to joining ERICO, Robert was with Cargill as Plant Superintendent in Mainz Germany from 2000 to 2001, Assistant Plant Superintendent in Riesa Germany from 1998 to 2000 and Production Supervisor in Amsterdam, The Netherlands from 1993 to 1998. Mr. van der Kolk earned a B.S and M.S. in Mechanical Engineering from the Technical University in Delft, Netherlands.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

113

nVent Leadership Bio’s

RANDOLPH A. WACKER

SENIOR VICE PRESIDENT & CHIEF ACCOUNTING OFFICER| NVENT

• Mr. Wacker will be the Senior Vice President and Chief Accounting Officer of nVent. Currently,
• Mr. Wacker is the Assistant Corporate Controller of Pentair plc beginning in October 2005.

Previously, Mr. Wacker was the U.S. Controller of Computer Network Technologies (a specialized IT networking company) from 2004 – 2005. Previously, he served over 10 years in corporate controlling and external reporting roles in various public companies. Mr. Wacker also served over five years with the public accounting firm CliftonLarsonAllen (fka Larson Allen & Weishair). Mr. Wacker holds a Bachelor of Science degree in Accounting from St. Cloud State University.

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

114

nVent Leadership Bio’s

February 13, 2018 nVent Investor Day Future nVent Leadership Team Following Separation of the Electrical Business from Pentair

J.C. WEIGELT

VICE PRESIDENT, INVESTOR RELATIONS | NVENT

J.C. Weigelt currently serves as Vice President, Investor Relations of Electrical and upon the separation, he will serve as Vice President, Investor Relations for nVent. Mr. Weigelt joined Pentair in 2017. Prior to Pentair, Mr. Weigelt served as Senior Director, Investor Relations and Market Intelligence at St. Jude Medical. Mr. Weigelt holds a Master of Business Administration degree in Finance from the University of St. Thomas and a Bachelor of Arts degree in Marketing from Michigan State University.

Appendix

GAAP to Non-GAAP Measurements & Reconciliations

116

February 13, 2018 nVent Investor Day

Reported to Adjusted 2015-2018 Reconciliation

2015 2016 2017 Total nVent Net sales 1,809 $ 2,116 $ 2,098 $ approx 2,170 $ Net income 210 259 354 approx 270 Provision (benefit) for income taxes 56 56 (41) approx 59 Income before income taxes 266 315 313 approx 329 Interest expense 1 1 1 approx 30 Operating income 267 316 314 approx 359 % of net sales 15% 15% 15% approx 17% Adjustments: Restructuring and other 16 12 13 approx

• Pension and other post-retirement mark-to-market (gain) loss

(13) 11 (3) approx

• Intangible amortization

32 61 61 approx 61 Trade name impairment

• 13

16 approx

• Deal related costs and expenses

14

• approx
• Inventory step-up

36

• approx
• Separation costs
• 16

approx

• Corporate allocations

(13) (12) (14) approx

• Segment income

339 401 404 approx 420 Return on sales 19% 19% 19% approx 19% Depreciation 31 34 37 approx 36 EBITDA—as adjusted 370 $ 436 $ 440 $ approx 456 $ Adjusted EBITDA margin 20% 21% 21% approx 21% Net income - pro forma adjusted Segment income 339 401 404 approx 420 Interest expense - pro forma 46 63 40 approx 30 Income before income taxes - pro forma adjusted 293 338 364 approx 390 Adjusted effective tax rate 21% 20% 20% approx 18% Provision for income taxes - pro forma adjusted 62 68 73 approx 70 Net income - pro forma adjusted 231 $ 270 $ 291 $ approx 320 $ Diluted earnings per ordinary share - pro forma adjusted Diluted weighted average ordinary shares outstanding - pro forma 183 183 184 approx 183 Diluted earnings per ordinary share - pro forma 1.15 $ 1.42 $ 1.92 $ approx $1.43-$1.53 Adjustments: Adjustments to operating income 72 85 90 approx 61 Adjustments to interest expense (45) (62) (39) approx

• Income tax adjustments

(6) (12) (113) approx (11) Diluted earnings per ordinary share - adjustments 0.11 0.06 (0.34) approx 0.27 Diluted earnings per ordinary share - pro forma adjusted 1.26 $ 1.48 $ 1.58 $ approx $1.70-$1.80 nVent Electric plc Reconciliation of the GAAP year ended December 31, 2018, 2017, 2016 and 2015 to the non-GAAP excluding the effect of 2018, 2017, 2016 and 2015 adjustments (Unaudited) In millions Actual Forecast 2018

117

Reported to Adjusted 2015-2018 Reconciliation

2015 2016 2017 Free Cash Flow Net cash provided by (used for) operating activities - as reported 344 $ 364 $ 402 $ approx 385 $ Interest expense - pro forma 46 63 40 approx 30 Net cash provided by (used for) operating activities - pro forma adjusted 298 301 362 approx 355 Capital expenditures (47) (75) (32) approx (35) Proceeds from sale of property and equipment 1 6 4 approx

• Free cash flow - pro forma adjusted

251 $ 232 $ 334 $ approx 320 $ nVent Electric plc Reconciliation of the GAAP year ended December 31, 2018, 2017, 2016 and 2015 to the non-GAAP excluding the effect of 2018, 2017, 2016 and 2015 adjustments (Unaudited) In millions Actual Forecast 2018

February 13, 2018 nVent Investor Day

February 13, 2018 nVent Investor Day

118

Full Year 2017 and 2018 Core Sales Growth Reconciliation

February 13, 2018 nVent Investor Day

Adjusted Core Large Jobs Core Currency Acq./Div. Total nVent 2.8% (4.9%) (2.1%) 0.5% 0.7% (0.9%) Enclosures 2.4% 0.2% —% 2.6% Thermal Management 3.5% (14.8%) (11.3%) 1.2% —% (10.1%) Electrical & Fastening Solutions 2.2% 0.5% 2.8% 5.5% Core Currency Acq./Div. Total nVent approx 2-4% 1% 0% 3-5% Enclosures approx 3-5% 1% 0% 4-6% Thermal Management approx 0-2% 1% 0% 1-3% Electrical & Fastening Solutions approx 2-4% 1% 0% 3-5% 2017 Net Sales Growth 2018 Forecast Net Sales Growth nVent Electric plc Reconciliation of Net Sales Growth to Core Net Sales Growth by Segment for the years ended December 31, 2018 and 2017 (Unaudited)