With global citizenship underlying our operating strategy, we value the input and feedback of our stakeholders. In 2008, we established a formal framework for engaging key stakeholders and leveraging their expertise. In 2009, we will be establishing specific global citizenship goals by which we and our stakeholders can gauge our performance.

Internally, Timken associates came together at our External Communications Council Summit to discuss broad concepts related to global citizenship and identify our stakeholder base. Through the Manufactures Alliance/MAPI, we conducted benchmarking surveys and interviewed suppliers and distributors.

Based on this report, we hope to enter into an informed dialogue with stakeholders about our global citizenship practices, so we can better understand how to align our business goals with the needs of our global communities.