Trane Technologies Named to FORTUNE Magazine World's Most Admired Companies List for Eleventh Consecutive Year

SWORDS,Ireland,Feb. 3,2023 --FORTUNEmagazine hasnamedTraneTechnologies (NYSE:TT),a global climate innovator,to its World's Most Admired Companies listfor the eleventh consecutive year.

Theannuallist,developedbyFORTUNEandKornFerry,iswidelyconsideredtobetheultimate report card on corporate reputation. The companies on the list are the best-regarded in their industry and rated on nine criteria,ranging from investment value and quality of management and products to social responsibility and ability to attract talent.

"It's an honor to be recognized by FORTUNE,and I'm extremely proud of our global team for challenging what's possible to create a more sustainable world," said Dave Regnery,chairand CEOofTraneTechnologies."With ourcommitmenttopurpose,relentlessfocusoninnovation,and uplifting,engaging culture,we are delivering value for our team,our customers,our shareholders and our communities."

Throughbold,industry-leadingactionandinnovation,TraneTechnologiesisdecarbonizing buildings,industry and the cold chain and advancing its 2030 Sustainability Commitments,including the Gigaton Challenge,and its pledge to be net-zero by 2050. The company's emissionsreductionstargets havebeenexternallyvalidatedbytheScienceBasedTargetsInitiative (SBTi).

With itsOpportunityfor Allcommitment,TraneTechnologies is taking action to achieve gender parity in leadership,workforce diversity reflective of its communities,and community initiatives thatsupportequitableeducationandpathways togreenandScience,Technology,Engineering and Math (STEM) careers.

TraneTechnologieswasrecentlynamedtotheJUST100,theManagement Top250andthe S&P Dow Jones Sustainability World Index and the North America Index. The company was also recognized for corporate environmental transparency by CDP,securing a place on itsannual 'A List'.

AboutTraneTechnologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®,and our portfolio of environmentally responsible products and services,we bring efficient and sustainable climate solutions to buildings,homes and transportation. For more on Trane Technologies,visit www.tranetechnologies.com.