Public announcement of the demerger plan of Ingersoll-Rand Polska sp. z o.o.

Ingersoll-Rand Polska sp. z o.o. with its seat in Warsaw hereby publishes the demerger plan prepared, agreed upon and entered into by the management boards of the companies participating in the demerger on November 15, on the basis of article 533 and article 534 of the Polish Commercial Companies Code, in connection with the intent to demerge Ingersoll-Rand Polska sp. z o.o. with its seat in Warsaw, as the demerged company, pursuant to article 529 § 1 point 4) of the Polish Commercial Companies Code (a spin-off demerger).The demerger will take place by way of transfer of certain assets of Ingersoll-Rand Polska sp. z o.o. with its seat in Warsaw, as the demerged company, that relate to its operations within the Industrial Division, to Ingersoll-Rand Industrial sp. z o.o. with its seat in Warsaw, as the acquiring company, under article 529 § 1 point 4 of the Polish Commercial Companies Code.