Parker Hannifin — Jan 30, 2025 release

We estimate the tax effect of each adjustment item by applying our overall effective tax rate for continuing operations to the pre-tax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment. *Totals may not foot due to rounding 27 RECONCILIATION OF CASH FLOW FROM OPERATIONS TO FREE CASH FLOW (Unaudited) (Dollars in millions) Fiscal Year 2025 Cash flow from operations $3,400 to $3,700 Less: Capital Expenditures ~(400) Free cash flow $3,000 to $3,300 RECONCILIATION OF OPERATING INCOME TO ADJUSTED OPERATING INCOME (Unaudited) Fiscal Year 2025 (Amounts in percentages) Forecasted Segment Operating Margin Business Realignment Charges Costs to Achieve Acquisition-Related Intangible Asset Amortization Expense Adjusted Forecasted Segment Operating Margin Diversified Industrial North America Businesses ~23.2% ~0.2% - ~2.0% ~25.4% International Businesses ~21.9% ~0.6% - ~1.6% ~24.1% Aerospace Systems ~22.8% - ~0.3% ~4.9% ~28.0% Parker ~22.7% ~0.2% ~0.1% ~2.8% ~25.8% RECONCILIATION OF ORGANIC GROWTH (Unaudited) Fiscal Year 2025 (Amounts in percentages) Forecasted Net Sales Currency Divestitures Adjusted Forecasted Net Sales Diversified Industrial North America Businesses (8.0%) to (5.0%) ~0.5% ~3.5% (4.0%) to (1.0%) International Businesses (4.0%) to (1.0%) ~2.5% - (1.5%) to 1.5% Aerospace Systems 9.5% to 12.5% ~0.0% - 9.5% to 12.5% Parker (2.0%) to 1.0% ~1.0% ~1.5% 0.5% to 3.5% RECONCILIATION OF FORECASTED EARNINGS PER SHARE (Unaudited) (Amounts in dollars) Fiscal Year 2025 Forecasted earnings per diluted share $24.46 to $25.06 Adjustments: Business realignment charges 0