Our company’s stock is publicly traded on the New York Stock Exchange. As Timken associates, we may have access to or become aware of information about our company that has not yet been disclosed to the public. This information is known as “material non-public information,” or “inside information,” and is strictly governed by federal and state laws.

Examples of material non-public information include:

• Information about changes in senior management
• Plans related to mergers, acquisitions or divestitures
• Pending or threatened litigation
• Financial results before they have been released to the public
• New product development

We may not buy or sell company stock at any time while in possession of material non-public information regarding our company. This applies both to our company’s stock and to stock for companies with which we do business. We must never use that information to recommend the purchase or sale of company stock to others. Additionally, certain associates are limited to trading company stock during “window periods” following the public release of the company’s quarterly earnings. These associates are notified each quarter.