2019 Electrical Products Group Conference · 17.1% 24.7% 25.3% 19.1% +40 - 60 bps 19.2% 2015 2017 19.5% 2016 2018 19.0% 2019 Guidance 19.1% nVent Historical Adj. EBITA Margin +40

2019 Electrical Products Group Conference

Beth Wozniak

CEO

May 22, 2019

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 Annual

Report on Form 10-K, 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 2019 and 2018 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, separation

costs, 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.


Leading Electrical Company Focused on Connection and Protection

Diversified portfolio with strong financials

Thermal Management

28%

Industrial

Company Characteristics

VerticalsSegments Geographies

45%Infrastructure

13%

Commercial &Residential

27%

Energy

15%

Industry-leading positions and strong brands

Focused on improving utilization, lowering costs and maximizing customer uptime

Attractive margin profile

Strong free cash flow generation

2018 Financials

~19%ROS

~$2.2BRevenue

Enclosures

46%Electrical &Fastening Solutions(“EFS”)

26% Other Developed

2%

Developed Europe

22%

Developing

10%US and Canada

66%

~9,000employees

$301MPro forma FCF


Key Takeaways

nVent is well positioned

Where we focus, we win with continued progress our first year within key growth initiatives

Top tier margins sustainable with opportunity to expand

Strong cash generation business, thus deploying capital with a balanced and flexible capital allocation strategy

First quarter was in-line with our thinking and we are on track to deliver the full year


Our nVent Strategy

Driving a strategy for growth and performance

Drive Productivity and Velocity

One nVent

Pursue Targeted Bolt-on Acquisitions

Accelerate Innovation and

Connected Solutions

Grow Globally and in

Developing RegionsFocus on Attractive Verticals


Drove Organic Sales Growth in 2018 of 5%

Sales growth accelerated throughout the year

Attractive Verticals

Up high single-digits

Globally and in

Developing Regions

China, India, Middle East

Up high teens

Innovation and

Connected Solutions

32 new products

Data Centers and

Networking

Solutions

Commercial

Rail and Transit

Industrial

One nVent

Up high single-digits

Strategic partnership with

distribution

Digital Product

Information 98%


One nVent Digital

Transforming nVent to be a digital business

2018 Achievements

One nVent website

One CRM platform

98% digital product data available

Enclosures configurators launched

2019 Accelerate Digital Transformation

Enhanced customer experience

Commercial excellence capabilities

Implementing new pricing, service, people

management, and transportation and

warehouse management platforms

Data analytics

Driving Growth and

Margin Expansion

Digitize Support Functions

Business Strategy

Digitize Go-To-Market Offer Connected Solutions

Digitize Operations

Improve Customer and Employee Experiences


Digital Progress: Hoffman on Demand

Local distributor inventory + Modification center = Unmatched Speed

Quick-ship program launched April 15th

Preferred products

• ~45% of revenue

• Full product range

Driving demand to Hoffman on Demand partners

• Digital guided selling tools

• Direct customers to authorized distributor locator

Velocity and availability

• Product always ready, nationally

• MRO capture and mix advantage


Attractive Vertical: Data Center & Networking Solutions

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

CABLE MANAGEMENT

NETWORKING & SERVER CABINETS

RACK POWER DISTRIBUTION

MONITORING & ACCESS CONTROL

CABLE SUPPORT & PATHWAYS

ELECTRICAL PROTECTION GROUNDING & BONDING

FASTENING & FIXING

LEAK DETECTION

AISLE CONTAINMENT

WALL-MOUNT RACKS & ENCLOSURES

PRECISION & DIRECT-TO-CHIP LIQUID COOLING

Driving Growth in DNS

Focusing on high

density heat

applications for hyper

scale datacenters

Adding new products

for power and cooling

solutions

Redeployment of sales

teams to focus on

value added

applications

Strengthening

relationships with

global channel partners


Attractive Vertical: Commercial

Aligned sales focus across our portfolio and new product innovation

HOFFMAN

Enclosures

ERICO Surge Protection

CADDY Cable Support

HOFFMAN Wire and

Cable Management

ERICO Lightning

Protection

RAYCHEM Water and

Fuel Leak Detection

CADDY Seismic

Protection

ERICO Grounding and

Bonding

PYROTENAX Fire- Rated

Wiring

RAYCHEM Sprinkler

Freeze Protection

Fire Protection

Cable Management

Building Protection Heating

RAYCHEM Pipe Freeze

Protection

RAYCHEM Snow Melting

and De-Icing

NUHEAT Floor

Heating

RAYCHEM Hot Water

Temperature Maintenance

CADDY Fastening and

Support

CADDY Prefabrication

Fire Protection

Cable Management


Innovation and Connected Solutions: RAYCHEM ELEXANT

Growth with new product introductions

RAYCHEM ELEXANT family launches

Cloud connectivity and analytics

Expanded services

Strategic Actions 2019 Focus

ELEXANT 4010i

Controllers

ELEXANT Wireless

Monitoring

Controllers

ELEXANT

Panel Controllers

2018

ELEXANT

350c

Controllers

ELEXANT

Smart Bridge

Controllers

Digitization: connectivity and analytics

User experience

Global platforms

Launching a New ELEXANT Family of Connected Controls

2019

12Peer companies include: ABB, Eaton, Hubbell, Legrand, Schneider, Rockwell and Thermon.

Based on guidance provided on April 25, 2019


Top Tier Operating Margins

Top tier sustainable margins

18.7%

nVent

16.1%

24.7%

21.3%

14.2%

19.1%

14.9%

10.9%

2018 Peer Adj. EBITA Margins Adj. EBITA Margin by Segment

Enclosures

Thermal

Management

EFS

2018

nVent

2019

Guidance

17.1%

24.7%

25.3%

19.1% +40 - 60 bps

19.2%

20172015

19.5%

2016 2018

19.0%

2019

Guidance

19.1%

nVent Historical Adj. EBITA Margin

+40 - 60

bps

Lower allocated corporate costs pre-spin: 2015-2017


Capital Deployment Strategy

Balanced and flexible capital deployment

Maintain Investment Grade (BBB- / BBB)

Invest in Organic Growth

• One nVent

• Accelerate innovation and connected solutions

• Commercial excellence

• Digital

AcquisitionsShareholder Distributions

• Bolt-on acquisitions

• Fit nVent value proposition

• Product / vertical expansion

• Meets financial criteria

• Pay a competitive dividend

• Repurchase shares to offset dilution

• Repurchase shares to capture value opportunity

• Bought back ~$110M YTD as of April 25, 2019


2019 Priorities

Focused on delivering on our commitments

• Accelerate One nVent initiatives

• Drive key verticals

• Grow with new products

Organic Growth

• Deliver price + productivity to offset inflation

• Drive supply chain efficienciesMargin Expansion

• Return cash in form of dividends and repurchases

• Focus on accretive and bolt-on M&ACapital Allocation

15Based on guidance provided on April 25, 2019


2019 nVent Plan

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

Sales Growth

Attractive Margins

Free Cash Flow

Dividends

1 - 2 Points above GDP

EPS grows multiple points faster than sales

> Net income

CompetitiveS&P 400 median at ~30% payout

2 - 4% Organic GrowthExpected Real GDP at 2 - 3%

40 - 60bp ROS Expansion

EPS of $1.80 - $1.90

~$320M

100% of adj. NI conversion

~40% Payout Ratio

Long Term Outlook 2019 Guidance

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

Thank You

GAAP to Non-GAAP Measurements & Reconciliations

Reported to Adjusted 2019 Reconciliation


Reported to Adjusted 2015 - 2018 Reconciliation


Organic Sales Growth and Free Cash Flow Reconciliation


Organic Currency Acq./Div. Total

nVent 4.7% 0.8% —% 5.5%

Organic Currency Acq./Div. Total

nVent 2 - 4% (1) - (2)% —% 0 - 3%

Interest expense - pro forma (5.6)

Net cash provided by (used for) operating activities - pro forma 337.9

(39.5)

2.4

Twelve months ended

December 31, 2018

343.5$

300.8$

nVent Electric plc

Reconciliation of cash from operating activities to free cash flow (Unaudited)

In millions

Net cash provided by (used for) operating activities - as reported

Capital expenditures

Proceeds from sale of property and equipment

Free cash flow - pro forma

Reconciliation of Net Sales Growth to Organic Net Sales Growth

for the year ending December 31, 2019 (Unaudited)

(1) Forecast information represents an approximation

Forecast (1)

Full Year Net Sales Growth

nVent Electric plc

Reconciliation of Net Sales Growth to Organic Net Sales Growth

for the year ended December 31, 2018 (Unaudited)

Full Year Net Sales Growth

nVent Electric plc

Documents

2019 Electrical Products Group Conference · 17.1% 24.7% 25.3% 19.1% +40 - 60 bps 19.2% 2015 2017 19.5% 2016 2018 19.0% 2019 Guidance 19.1% nVent Historical Adj. EBITA Margin +40