Eaton Corporation A Global Leader 2002 Eaton Corporation

We would like to introduce you to Eaton and our Career opportunities l l l Eaton Corporation Our Company Dimensions Programs Our Launching Pad for Future Leaders Direct Hire Your Opportunity

What is Eaton? Fluid Power Electrical Automotive l A global diversified industrial manufacturer l A leader in: n Fluid power systems n Electrical power quality and control n Automotive engine air management n Intelligent drivetrain systems for fuel economy in trucks Truck

General Information l Founded in 1911 by J. O. Eaton l World Headquarters in Cleveland, Ohio USA l Sells products in more than 100 countries l Manufacturing presence in 26 countries l 56, 000 employees l Chairman & CEO - Alexander M. Cutler l 2004 Sales - $9. 8 billion

Eaton has been repositioned as a diversified industrial Business Segments Sales ~$9. 8 Billion Electrical $3. 1 B Fluid Power $3. 1 B Automotive $1. 8 B Truck $1. 8 B

Electrical delivers quality power to all electrical industry segments Residential Light Commercial Industrial Structured Wiring & Load Centers Integrated Facility Systems Switch Gear Motor Control & Switch Gear

Fluid Power brings together three strong franchises On/Off Highway § Stationary § World-class distribution network § #1 in Steering & Motors § Hydraulics 54% NA Auto § EU Auto § Expanding global presence § #1 in Air-Conditioning worldwide Fluid Connectors 19% § Aerospace 27% § Commercial § Defense § High-pressure hydraulics leader § #1 in Fluid Conveyance

Automotive is selectively focused in critical technology niches Fuel Economy and Emissions Engine Air Management Powertrain Controls Passenger Safety Mirror Control Systems Eaton technology delivers solutions and provides unique market positioning Traction and Stability

Truck continues to broaden its market exposure Four Platforms for Growth Technology / New Products Ultra. Shift, Hybrid Electric Vehicles Clutch Growth Geographic Expansion China JV with SFGW Aftermarket & Solutions White Space plan (Diagnostic Tools, etc)

The Eaton Growth Model builds in our acquisition strategy l l Strengthen current businesses through “bolt-on” acquisitions Expand portfolio where we know: Markets, Technology, Customers, Channels Right of membership in Eaton: 50% outgrowth 4% through the cycle markets

Eaton’s Vision One Vision To be the most admired company in our markets. Vision Measured by • Customers say: “We want to do more business with Eaton. ” • Shareholders say: “Eaton is one of my best investments. ” • Employees say: “I am proud to be part of the Eaton team. ”

Eaton Business System An Integrated Operating Model • Focused on growth and operational excellence • Driving standardization & best practices • Deeply embedded in Eaton world-wide • Strong correlation to operating results

We Care How We Gets Results “We’re here to achieve great results, but each of us must demonstrate that we care intensely about how we get those results. They are worth little and are unlikely to endure if achieved unethically. ” - Alexander M. Cutler Chairman & CEO

We would like to introduce you to Eaton and our Career opportunities l l l Eaton Corporation Our Company Dimensions Programs Our Launching Pad for Future Leaders Direct Hire Your Opportunity

Dimensions Development Programs Dimensions … “The freedom to be creative; the guidance to make a difference”

“Dimensions” programs position future Eaton leaders for success l l l Corporate-Wide …. Across all 4 Business Groups and WHQ Participants are technically competent, well suited for leadership roles Progressive assignments that develop functional skills and leadership competencies

Dimensions Corporate Development Programs • Operations Management Development Program (MBA) • Corporate Development & Planning (MBA) • Financial Leadership Development Program • Leadership Development Program – Human Resources • Leadership Development Program – Engineering • Leadership Development Program – Supply Chain • Strategic Technical Enhancement Program (STEP) - IT • Leadership Development Program – Technical Sales

Financial Leadership Development Program Manager: Casey Watson • Education: Finance/Accounting/Business undergraduate • Work Experience: 1 – 3 years • 2005 -06 Forecasted Hires: 15 • Current # Development Participants: 28 • Program Details: 3 one-year assignments across different business groups with one at corporate. Functional rotations include cost accounting, financial analyst and corporate/division analyst. Potential corporate assignments could include treasury, internal audit, financial accounting, reporting and analysis, group analyst.

Financial Leadership Development Program Manager: Casey Watson • Short Term Permanent Positions: Financial Analyst, Accounting Manager, Cost Accountant • Long Term Positions: Controller, Division Controller, Plant Manager, Treasury, Business Development, Corporate Functions • Long Term Goal of Program: Building bench strength both at corporate and in operations in financial and accounting leadership

Dimensions Success Factors l University Relations n l Participants n l Good coaches, mentors, leaders and role models Assignments n l Technically competent and well suited for Leadership roles through a robust selection process Assignment Managers n l Strategic Partnering with Key Target Universities Progressive and contribute to development of functional skills and Leadership Competencies Performance Appraisal and Feedback n Timely and Development-Oriented

We would like to introduce you to Eaton and our Career opportunities l l l Eaton Corporation Our Company Dimensions Programs Our Launching Pad for Future Leaders Direct Hire Your Opportunity

Direct Placement • Four business units interested in direct hire of all disciplines • Offers opportunity to commit to working in a particular location • Relocation and promotions are readily available through this avenue • Eatonjobs avenue offers variety of opportunities for advancement for direct hire candidates Apply for Opportunities through www. eatonjobs. com