This presentation and discussion contains certain forward-looking statements that are subject to the Safe Harbor and Cautionary language contained in the press release we issued on January 31, 2018, as well as other factors that could cause actual results to differ materially from those discussed and that are disclosed in our filings with the Securities and Exchange Commission. Some comparisons will refer to certain non-GAAP measures. Our earnings release and SEC filings contain additional information about these non-GAAP measures, why we use them and why we believe they are helpful to investors, and contain reconciliations to GAAP data.

1. THIRD QUARTER
FISCAL YEAR 2018
FINANCIAL RESULTS
February 1, 2018

2. 2
CAUTIONARY STATEMENT UNDER THE
PRIVATE SECURITIES LITIGATION REFORM ACT
This presentation and discussion contains certain forward-looking statements that
are subject to the Safe Harbor and Cautionary language contained in the press
release we issued on January 31, 2018, as well as other factors that could cause
actual results to differ materially from those discussed and that are disclosed in
our filings with the Securities and Exchange Commission.
Some comparisons will refer to certain non-GAAP measures. Our earnings release
and SEC filings contain additional information about these non-GAAP measures,
why we use them and why we believe they are helpful to investors, and contain
reconciliations to GAAP data.

3. STRATEGIC UPDATE
3
Process & Motion Control
• Core sales growth increases to +6%, margins expand year over year by 190 bps
• Pending Centa Power Transmission acquisition to add ~ $100 million annual revenue
Water Management
• Core sales growth accelerates to +7%, margins expand year over year by 100 bps
• Innovative new product introductions contributing to growth
Cash Flow & Balance Sheet
• Net debt leverage ratio(1) declines to 2.8x
• 4Q free cash flow(1) expected to enable acquisition without increase in leverage ratio
(1) Non-GAAP measure defined, reconciled, and discussed in the earnings release included in the Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
Consolidated Rexnord
• Net sales growth increases to +9% year over year,
core sales(1) growth to +6%
• Recent specification wins demonstrate innovation
pipeline and competitive value-add

4. 4
SPECIFICATION WINS
Top 5 US
Forest Products
Producer
IIoT Smart V-Class Gear Drive
Chase Center
San Francisco
Top 5 Global
Packaged Food
Producer
Sundara Handwashing System
Compound Balanced Baking Belt CamEDGE MORE Spiral Conveyor
Top 5 US
Meat Products
Producer

5. 5
CENTA POWER TRANSMISSION
• Global flexible couplings leader with strong technology portfolio, ~ $100 million of annual revenue
• Significantly expands Rexnord couplings range into high-output engine-powered applications
• Key applications: gas compression, fluid control, distributed EPG, hydraulic machinery, marine power
• Large installed base with high like-for-like replacement, >50% of revenue from MRO applications
• Acquisition expected to close in 4QFY18, purchase price approximately €118 million
Compressed Air / Gas,
Fluid Control
Machinery
Motion
Control
Distributed
Electrical Power
Generation
Marine
Power &
Propulsion
Primary Applications = Flexible Coupling

6. 6
FINANCIAL UPDATE
Third Quarter Fiscal Year 2018
• Adjusted EBITDA(1) of $95 million increased 20% year over year
• Net sales increased 9% year over year
• World Dryer acquisition increased sales by 1%
• Foreign currency translation increased sales by 2%
• Core sales(1) increased 6% year over year
• Earnings Per Share of $0.67
• Adjusted EPS(1) of $0.37, including $0.05 from lower-than-projected tax rate
Fiscal Year 2018 Outlook
• Core sales growth in mid-single-digit percentage range(2)
• Adjusted EBITDA in $381 - $387 million range(2)
• Free cash flow(2) to exceed net income
(1) Non-GAAP measure defined, reconciled, and discussed in the earnings release included in the Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
(2) Forward-looking information and a non-GAAP measure. Although Rexnord can quantify certain elements, it is not able to quantify all variances from GAAP without unreasonable
efforts because certain factors are unknown at this time and out of Rexnord’s control.

7. 7
3Q FY18 SUMMARY
(1) Non-GAAP measure defined, reconciled, and discussed in the earnings release included in the
Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
(2) Net Sales in 3Q FY17 is adjusted for the RHF product line exit in FY17.
• Core growth accelerated to 6% year over year
• Adjusted EBITDA margin increased 170 bps
3Q FY18 3Q FY17 Change
Adjusted Net Sales (1,2)
$492 $449 9%
Growth from:
Core 6%
Acquisitions 1%
Translation 2%
Adjusted EBITDA (1)
$95 $79 20%
% of Sales 19.3% 17.6% 170 bps

8. PROCESS & MOTION CONTROL
8
• Core growth was 6% year over year
• Adjusted EBITDA margin increased by 190 bps
(1) Non-GAAP measure defined, reconciled, and discussed in the earnings release included in
the Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
End-Market Outlook Assumed in Guidance
Industrial Distribution
US & Canada
Europe
Rest of World
Food & Beverage: Global
Commercial Aerospace: Global
Process Industries: Global
3Q FY18 3Q FY17 Change
Net Sales $293 $270 8%
Growth from:
Core 6%
Acquisitions --
Translation 2%
Adjusted EBITDA (1)
$66 $56 18%
% of Sales 22.5% 20.6% 190 bps

9. WATER MANAGEMENT
9
• Core growth was 7% year over year
• Adjusted EBITDA margin increased by 100 bps
(1) Non-GAAP measure defined, reconciled, and discussed in the earnings release included in
the Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
(2) Net Sales in 3Q FY17 is adjusted for the RHF product line exit in FY17.
End-Market Outlook Assumed in Guidance (unchanged)
Nonresidential Construction: US & Canada
Residential Construction: US & Canada
Water & Wastewater Infrastructure
Europe
China
Middle East
Rest of World
3Q FY18 3Q FY17 Change
Adjusted Net Sales (1,2)
$200 $179 12%
Growth from:
Core 7%
Acquisitions 3%
Translation 2%
Adjusted EBITDA (1)
$37 $32 18%
% of Sales 18.6% 17.6% 100 bps

10. CASH FLOW & BALANCE SHEET
10
(1) Net Debt Leverage is defined as the ratio of total debt less cash to pro forma LTM Adjusted EBITDA.
(2) Free Cash Flow is defined as Cash from Operations less Capital Expenditures, and is a Non-GAAP measure defined, reconciled, and discussed in the earnings release included in
the Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
(3) Total Debt includes a New Market Tax Credit Receivable ($28), which is more than offset by an associated payable ($37) that is also included in Total Debt in all periods presented.
(4) Liquidity is defined as cash and cash equivalents plus available borrowing capacity.
3.7x 3.7x
3.8x
3.1x
2.9x
2.8x
2.5x
3.0x
3.5x
4.0x
Mar-14 Mar-15 Mar-16 Mar-17 30-Sep-17 31-Dec-17
Net Debt LeverageRatio (1)
139
197
167
141
78
97
(50)
0
50
100
150
200
250
FY14 FY15 FY16 FY17 9 Mos FY17 9 Mos FY18
Free Cash Flow ($ millions) (2)
1,944 1,912 1,893
1,595 1,588
1,295
0
500
1,000
1,500
2,000
2,500
Mar-14 Mar-15 Mar-16 Mar-17 30-Sep-17 31-Dec-17
Total Debt ($ millions) (3)
339 370
485 490 531
235
336
341
344 346
346
348
0
200
400
600
800
1,000
Mar-14 Mar-15 Mar-16 Mar-17 30-Sep-17 31-Dec-17
Total Liquidity ($ millions) (4)
Cash & Equivalents Available Borrowing Capacity

11. APPENDIX

12. 12
FISCAL YEAR 2018 OUTLOOK
Core sales % growth(1) + Mid Single Digit
Adjusted EBITDA(1) $381 - $387 million
Free Cash Flow(1) > Net Income
Depreciation & Amortization(2) ~ $ 88 million
Interest Expense (LIBOR ≤ 1.5%) ~ $ 77 million
Effective Tax Rate(3) ~ 30%
Capital Expenditures ~ 2% of sales
(1) Non-GAAP measure defined, reconciled, and discussed in the earnings release included in the Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
(2) Excludes an estimated $1 million of accelerated depreciation related to supply chain optimization and footprint repositioning initiatives.
(3) As applied to calculation of Adjusted Net Income.

13. 13
3Q FY18 NON-GAAP ADJUSTMENTS AFTER TAX
(1) Other, net includes the impact of foreign currency transactions and other miscellaneous expenses.
(2) The tax rates used to calculate adjusted net income are based on a transaction-specific basis at the applicable jurisdictional rate.
(3) Non-GAAP measure defined, reconciled, and discussed in the earnings release included in the Form 8-K filed with the Securities and Exchange Commission on January 31, 2018.
Adjustment Type ($ millions)
Restructuring & Other Similar Charges 3.8$ (1.0)$ 2.8$
Amortization of Intangible Assets 8.6 (2.4) 6.2
Purchase Accounting FV Adjustment 0.9 (0.3) 0.6
Loss on Debt Extinguishment 11.9 (4.2) 7.7
Other, net(1)
1.0 (0.2) 0.8
Nonrecurring US Tax Reform Adjustment - (54.8) (54.8)
Dividends on Preferrred Stock 5.8 5.8
Totals 32.0$ (62.9)$ (30.9)$
Impact on
Adjusted
Net Income (3)
Pretax
Adjustment
Income
Tax
Provision (2)

14. 14
IF-CONVERTED INCREMENTAL SHARES
Mandatory Convertible Preferred Details
Offering Size ($millions) $ 402.5
Dividend Rate 5.75%
Annual Dividend ($millions) $ 23.1
Mandatory Conversion Date 11/15/2019
Use If-Converted Method to calculate diluted EPS, Only If Dilutive
1) Do not deduct preferred dividend from net income
2) Add indicated incremental shares to diluted share count
Incremental Shares
Average Common from Conversion
Stock Price (millions)
< $ 20.99 19.18
$ 20.99 19.18
21 19.17
22 18.30
23 17.50
24 16.77
25 16.10
25.19 15.98
> $ 25.19 15.98

15. 15
CALCULATING 3Q FY18 DILUTED ADJUSTED EPS
Third
Quarter
Ended
($ millions, except per-share amounts) December 31, 2017
Base Methodology
Adjusted Net Income 39.1$
Weighted-Average Number of Shares: Diluted (thousands) 105,930
Earnings Per Share: Diluted (Base Method) 0.37$
If-Converted Methodology
Adjusted Net Income 39.1$
Add Back Dividends 5.8
Adjusted Net Income Attributable to Rexnord Common Shareholders 44.9$
Weighted-Average Number of Shares: Diluted (thousands) 105,930
Add Adjustment for Conversion of Preferred Stock into Common Stock (thousands) 16,087
Adjusted Weighted-Average Shares: Diluted (thousands) 122,017
Earnings Per Share: Diluted (If-Converted Method) 0.37$

16. 16
RECONCILIATION OF ADJUSTED EBITDA
(1) Includes the impact of foreign currency transactions, sale of long-lived assets, and other miscellaneous expenses. See "Management Discussion and Analysis of
Financial Condition and Results of Operations" in the Company's Form 10-Q for the quarter ended December 31, 2017 for further information.
(2) During fiscal 2016, the Company announced its decision to exit the RHF flow control gate product line within its Water Management platform. The operating loss
(excluding restructuring and other similar charges) is not included in Adjusted EBITDA in accordance with our credit agreement.
(S millions)
Adjusted EBITDA December 31, 2017 December 31, 2016
Net income attributable to Rexnord common shareholders $ 75.8 $ 1.7
Dividends on preferred stock 5.8 1.5
Income tax benefit (50.0) (1.8)
Loss on debt extinguishment 11.9 7.8
Other expense, net (1)
1.0 0.7
Interest expense, net 18.7 22.9
Income from operations $ 63.2 $ 32.8
Adjustments
Depreciation and amortization $ 21.7 $ 25.8
Restructuring and other similar charges 3.8 11.7
Acquisition-related fair value adjustment 0.9 -
Stock-based compensation expense 5.1 3.8
Impact of RHF product line exit (2)
- 4.8
Last-in first-out inventory adjustments 0.2 (0.1)
Other, net (1)
- 0.4
Subtotal of adjustments 31.7 46.4
Adjusted EBITDA $ 94.9 $ 79.2
Third Quarter Ended

17. 17
RECONCILIATION OF ADJUSTED NET INCOME
(1) Represents accelerated depreciation and other non-cash expenses associated with our strategic supply chain optimization and footprint repositioning initiatives.
(2) During fiscal 2016, the Company announced its decision to exit the RHF flow control gate product line within its Water Management platform. To enhance
comparability between historical periods, the pre-tax loss of the RHF product line exit has been excluded from our fiscal 2017 Adjusted earnings per share.
(3) Other, net includes the impact of foreign currency transactions, sale of long-lived assets, and other miscellaneous expenses. See "Management Discussion and
Analysis of Financial Condition and Results of Operations" in the Company's Form 10-Q for the quarter ended December 31, 2017 for further information.
(S millions)
Adjusted Net Income and Earnings Per Share December 31, 2017 December 31, 2016
Net income attributable to Rexnord common shareholders $ 75.8 $ 1.7
Supply chain optimization and footprint repositioning initiatives (1)
- 3.8
Impact of RHF product line exit (2)
- 4.8
Restructuring and other similar charges 3.8 11.7
Acquisition-related fair value adjustment 0.9 -
Amortization of intangible assets 8.6 8.6
Loss on Debt Extinguishment 11.9 7.8
Other, net (3)
1.0 1.1
Dividends on Preferred Stock 5.8 -
Nonrecurring US Tax Reform adjustment (54.8) -
Tax effect on above items (8.1) (13.6)
Adjusted net income $ 44.9 $ 25.9
GAAP diluted net income per share attributable to Rexnord common
shareholders $ 0.67 $ 0.02
Adjusted earnings per share - diluted $ 0.37 $ 0.25
GAAP diluted weighted-average shares 122,017 104,558
Diluted weighted-average shares for Adjusted EPS calculation 122,017 104,558
Third Quarter Ended