We believe the future of good business is deeply rooted in the past. By following our guiding principles designed to enhance customer focus, productivity, innovation and profitability, we are able to make continual process and product improvements for customers, while producing solid results for our shareholders. Our ability to produce commercial innovations on a continual basis for our customers is the foundation of our success.

Our main guiding principles include the following:

▪ Decentralization: placing the businesses close to the people who buy company's products

▪ 80/20 Process: focusing on the most profitable products and customers.

▪ Innovation: developing commercial innovations.

ITW Global Automotive is a global industrial company that develops engineered products and specialty systems that are created and later improved in direct partnership with the company's customers. ITW leaders apply the 80/20 Process to everything they do in order to get a lot of things right.