Chuck HinrichsVice PresidentChief Financial Officer

Robert CherryVice PresidentInvestor Relations

Mark GliebeChairmanChief Executive Officer

Jon SchlemmerChief Operating Officer

Regal Beloit CorporationInvestor Relations Presentation

August 2016

Safe Harbor Statement

2

This presentation contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995.Forward-looking statements represent our management’s judgment regarding future events. In many cases, you can identify forward-looking statements by terminology such as “may,” “will,” “plan,” “expect,” “anticipate,” “estimate,” “believe,” or “continue” or the negative of these terms or other similar words. Actual results and events could differ materially and adversely from those contained in the forward-looking statements due to a number of factors, including: uncertainties regarding our ability to execute our restructuring plans within expected costs and timing; increases in our overall debt levels as a result of the acquisition of the Power Transmission Solutions (“PTS”) business from Emerson Electric Co., or otherwise and our ability to repay principal and interest on our outstanding debt; actions taken by our competitors and our ability to effectively compete in the increasingly competitive globalelectric motor, power generation and mechanical motion control industries; our ability to develop new products based on technological innovation and the marketplace acceptance of new and existing products; fluctuations in commodity prices and raw material costs; our dependence on significant customers; issues and costs arising from the integration of acquired companies andbusinesses such as PTS, including the timing and impact of purchase accounting adjustments; prolonged declines in oil and gas upstream capital spending; unanticipated costs or expenses we may incur related to product warranty issues; our dependence on key suppliers and the potential effects of supply disruptions; infringement of our intellectual property by third parties, challenges to our intellectual property, and claims of infringement by us of third party technologies; product liability and other litigation, or the failure of our products to perform as anticipated, particularly in high volume applications; economic changes in global markets where we do business, such as reduced demand for the products we sell, currency exchange rates, inflation rates, interest rates, recession, foreign government policies and other external factors that we cannot control; unanticipated liabilities of acquired businesses; effects on earnings of any significant impairment of goodwill or intangible assets; cyclical downturns affecting the global market for capital goods; difficulties associated with managing foreign operations; and other risks and uncertainties including but not limited to those described in Item 1A-Risk Factors of the Company’s Annual Report on Form 10-K filed on March 2, 2016 and from time to time in our reports filed with U.S. Securities and Exchange Commission. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by the applicable cautionary statements. Theforward-looking statements included in this presentation are made only as of their respective dates, and we undertake no obligation to update these statements to reflect subsequent events or circumstances.

Non-GAAP Financial Measures

3

We prepare financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”). We also periodically disclose certain financial measures in our quarterly earnings releases, on investor conference calls, and in investor presentations and similar events that may be considered “non-GAAP” financial measures. We believe that these non-GAAP financial measures are useful measures for providing investors with additional information regarding our results of operations and for helping investors understand and compare our operating results across accounting periods and compared to our peers. In addition, since our management often uses these non-GAAP financial measures to manage and evaluate our business, make operating decisions, and forecast our future results, we believe disclosing these measures helps investors evaluate our business in the same manner as management. This additional information is not meant to be considered in isolation or as a substitute for our results of operations prepared and presented in accordance with GAAP.

In this presentation, we disclose the following non-GAAP financial measures, and we reconcile these measures in the Appendix to the most directly comparable GAAP financial measures: adjusted diluted earnings per share (both historical and projected), adjusted operating profit, adjusted operating profit margin, free cash flow, and free cash flow as a percentage of net income attributable to Regal Beloit Corporation.

In addition to these non-GAAP measures, we also use the term “organic sales” to refer to GAAP sales from existing operations excluding sales from acquired businesses recorded prior to the first anniversary of the acquisition less the amount of sales attributable to any divested businesses (“acquisition sales”), and the impact of foreign currency translation. The impact of foreign currency translation is determined by translating the respective period’s sales (excludingacquisition sales) using the same currency exchange rates that were in effect during the prior year periods. We use the term “organic sales growth” to refer to the increase in our sales between periods that is attributable to organic sales. We use the term “acquisition growth” to refer to the increase in our sales between periods that is attributable to acquisition sales.

Regal is…

A Recognized Leader in High Efficiency Motor Solutions− Well positioned for global energy efficiency trend

A Portfolio of Established and Highly Respected Industrial Brands− Large installed base drives recurring revenue

A Successful Acquirer and Integrator− PTS integration on track and synergies ahead of schedule

Ahead of Industry Curve on Simplification Initiative− Adj. operating profit* improvement plan delivered 150 bps in 2015

A Strong Free Cash Flow Generator− Five-year average free cash flow 129% of adjusted net income*

A Stable Business with 55 Straight Years of Dividends to Shareholders− Dividend increased 11 of the last 12 years

* Non-GAAP Financial Measurement, See Appendix for Reconciliation4

Regal Overview

Founded in 1955 with Headquarters inBeloit, Wisconsin

2015 Sales of $3.5B

5-Year Sales CAGR of 9.4%

Experienced, Credible and Stable Management Team

* Non-GAAP Financial Measurement, See Appendix for Reconciliation

Sales by SegmentSales by Product/Platform

Sales by Geography Production by Geography

Commercial & Industrial Systems

Power Transmission

Solutions

Climate Solutions

Mexico

Mexico

USA & Canada

USA & Canada

Europe

AsiaAsia

EuropeROW

30%22%

48%

Small Motors

Large Motors

Gearing

Bearings

BlowersGenerators

DrivesCouplings

Other

5

Business Segments and Brands

Power Transmission

Solutions

ClimateSolutions

®

Resi. & Light

Comm. HVAC

Aftermarket

Comm. Ref.

General Industry

Water Heating

Material Handling

Oil & Gas

Beverage

Metals

General Industry

HVACOther

Commercial & Industrial

SystemsDistribution

Oil & Gas

Comm. HVAC

Pump

General Industry

Power Generation

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Financial Snapshot

$3.1

$3.3

$3.5

2013 2014 2015

Net Sales

* Non-GAAP Financial Measurement, See Appendix for Reconciliation

$4.36 $4.31$5.33

2013 2014 2015

$224 $215

$289

2013 2014 2015

$0.78

$0.84

$0.90

2013 2014 2015

Adjusted Diluted EPS*

Dividends Per ShareFree Cash Flow*

(billions)

(millions)

7

Residential, Commercial & Industrial Motor Systems

Motors Consume ~45% of Global Electricity Production

Residential Applications Commercial Building Applications

8

Efficiency Regulations for:- IE3 Efficiency Level Required for Sizes75 kW – 375 kW

2016

2021

2018

2017 Energy Regulations for:

- Furnace Fans

2022 Efficiency Regulations for:

- Electric Motor Regulations

Efficiency Regulations for:- Commercial CAC/HP

Efficiency Regulations for:- Estimate for Amendment 14- Commercial Refrigeration- Small Motor- Large AC/HP- Commercial Water Heater

2019

Efficiency Regulations for:- Estimated Effective Date- Commercial Refrigeration

Future Efficiency Regulations for:- Large Pumps- Pool Pumps, Fountain Pumps- Special Motors and VFD- Commercial Compressors

Efficiency Regulations for:- Air Conditioner, EER Increase

Efficiency Regulations for:- Est. IE3 Efficiency

Efficiency Regulations for:- IE3 Efficiency Level Required for Sizes 75kW - 375kW

2020

Efficiency Regulations for:- Commercial Refrigeration Equipment- Walk-in Freezers & Coolers

Energy Regulations for:- Furnaces

Energy Regulations for:- C&I Pumps

Energy Regulations for:- C&I Fans & Blowers- Small Motors

Efficiency Requirements Increasing

Source: Management Estimates for Effective Implementation Dates

Multi-Year Trend Favors High Efficiency Suppliers

9

Residential Applications Regulatory Driven

DEC Star®

Energy Efficient Air Mover with Axial Motor Replaces ECM Motors and Standard Efficiency Blowers Regal Offering Expanded from Just Motor to Entire Blower Assembly Smaller, Lighter, Quieter 14% Better Efficiency

High Efficiency Product Innovation

Standard

10

®

Commercial Applications Economically Driven

High Efficiency Product Innovation

Integrated Axial ECM Platform for Larger Power Applications

Regal Offering Expanded from Just Motor to Compact Motor with Integrated Drive

Reduced System Size and Weight

Increased System Efficiency and Serviceability

Standard Air Handling Axial Air Handling

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Category Brands Est. Installed Base Key Products

$1,740MCam Follower Mounted Bearing

$1,250MShaft Reducer Worm Gearing

$1,000MDisc Couplings Gear Coupling

$525MChain Guide Conveyor Chain

$125MV-Belt Drive TorqGard™

PTS Established Brand Portfolio

Large Installed Base Drives Like-for-Like Replacement Revenue

CO

MPO

NEN

TSC

ON

VEYI

NG

CO

UPL

ING

SG

EAR

ING

BEAR

ING

S

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Integration of Regal's Largest and Most Complex Acquisition now Essentially Complete

Delivered $12 Million of Year One Synergies Versus Target of $7 Million

Forecasting $30 Million in Total Synergies Over a Three-Year Period Versus Original Four-Year Plan

PTS Integration On Track

Another Successful Regal Acquisition Integration

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Optimum Design Features

Best Manufacturing Processes

Standardized Components

Consolidated Supply Chain

Enables Automation

Maintains Brand Differences

Simplification in Full Stride

Century Marathon

Next Generation Regal Platform

Marathon CAC

Current 56 Frame PlatformsAdvantages

Over 5,000 Component Parts Eliminated To Date

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7,000

8,000

9,000

10,000

2011 2012 2013 2014 2015 2016

Rooftop Consolidation Drives Margin Improvement

Simplifying Our Footprint

Rooftop Square Feet* (000s)

* Does not include 2015 PTS acquisition15

0%

30%

60%

90%

120%

150%

$-

$50

$100

$150

$200

$250

$300

$350

2011 2012 2013 2014 2015 2016e**

Free Cash Flow* % of Adj. Net Income*

Consistently Delivering Strong FCF – 129% Annual Average

* Non-GAAP Financial Measurement, See Appendix for Reconciliation

(millions)

Consistently Generating Cash

16** Based on Management Estimates

Managing Debt to Drive Growth

0%

10%

20%

30%

40%

50%

60%

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

12-Year Record of Using Free Cash Flow to Reduce Debt

Power Transmission

Total Debt / Total Capital

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$0.58 $0.62 $0.64 $0.66

$0.70 $0.74

$0.78

$0.84

$0.90

2007 2008 2009 2010 2011 2012 2013 2014 2015

Consistent Increase in Cash Dividends to Shareholders

55 Consecutive Years of

Cash Dividends

Dividend Increased 11 of

the Last 12 Years

Opportunistic Share

Repurchases

Dividends Per Share Paid

Returning Cash to Shareholders

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Capital Allocation Priorities

Acquisitions

Target Accretive Bolt-on and Transformative Transactions to Drive

Growth and Shareholder Value

Share Repurchase

Utilize Remaining Share Repurchase Authorization while Remaining Flexible for

Large Acquisitions

Balance Sheet Targets

Disciplined Approach to Drive Long-Term Shareholder Value

Debt/EBITDA Ratio: 1.5 – 3.5

Capital Expenditures: 2.5% – 3.0% of Sales

Cash Dividends: 18% – 22% Payout Ratio

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Key Takeaways

Regal is…

A Recognized Leader in High Efficiency Motor Solutions

A Portfolio of Established and Highly Respected Industrial Brands

A Successful Acquirer and Integrator

Ahead of Industry Curve on Simplification Initiative

A Strong Free Cash Flow Generator

A Stable Business with 55 Straight Years of Dividends to Shareholders

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Thank You

Mark J GliebeChairmanChief Executive Officer

Jon SchlemmerChief Operating Officer

Chuck HinrichsVice PresidentChief Financial Officer

Robert CherryVice PresidentInvestor Relations

Chuck HinrichsVice PresidentChief Financial Officer

Robert CherryVice PresidentInvestor Relations

Mark GliebeChairmanChief Executive Officer

Jon SchlemmerChief Operating Officer

Non-GAAP Reconciliations

Appendix Non-GAAP Reconciliations

ADJUSTED DILUTED EARNINGS PER SHARE

Jan 2, 2016

Jan 3, 2015

Jan 2, 2016

Jan 3, 2015

GAAP Diluted Earnings Per Share (0.43)$ (2.61)$ 3.18$ 0.69$

Goodwill Impairment 1 1.30 2.60 1.29 2.59

Other Impairments, Net - 0.67 - 0.66

Venezuela Asset Write Down 0.29 - 0.28 -

Purchase Accounting and Transaction Costs - 0.09 0.47 0.14

Restructuring Costs 0.06 0.03 0.13 0.18

Venezuelan Currency Devaluation - 0.15 0.02 0.15

Gain on Disposal of Real Estate (0.05) (0.20) (0.04) (0.23)

Loss on Divestiture Bankruptcy - 0.09 - 0.09

Loss on Sale of Joint Venture - - - 0.04

Adjusted Diluted Earnings Per Share 1.17$ 0.82$ 5.33$ 4.31$

1. Goodwill impairment is subject to finalization.

Three Months Ended Twelve Months Ended

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ADJUSTED INCOME FROM OPERATIONS

Jan 2, 2016

Jan 3, 2015

Jan 2, 2016

Jan 3, 2015

Jan 2, 2016

Jan 3, 2015

Jan 2, 2016

Jan 3, 2015

GAAP Income from Operations (59.7)$ (84.2)$ 28.9$ 7.1$ 16.7$ (33.5)$ (14.1)$ (110.6)$

Goodwill Impairment 1 79.9 99.7 - 7.7 - 11.1 79.9 118.5

Asset Impairments and Other, Net - - - 13.8 - 26.2 - 40.0

Venezuelan Asset Write Down 12.8 - - - - - 12.8 -

Purchase Accounting and Transaction Costs - 0.7 - - - 4.4 - 5.1

Restructuring Costs (Benefit) 2.3 0.4 2.2 1.8 - 0.2 4.3 2.4

Venezuelan Currency Devaluation - 10.4 - - - - - 10.4

Gain on Disposal of Real Estate - (11.9) (3.4) - - - (3.4) (11.9)

Loss on Divestiture Bankruptcy - 6.3 - - - - - 6.3

Adjusted Income from Operations 35.3$ 21.4$ 27.7$ 30.4$ 16.7$ 8.4$ 79.5$ 60.2$

GAAP Operating Margin % (16.1)% (18.7)% 13.7 % 2.8 % 8.7 % (49.1)% (1.8)% (14.2)%

Adjusted Operating Margin % 9.5 % 4.7 % 13.2 % 11.9 % 8.7 % 12.3 % 10.3 % 7.8 %

1. Goodwill impairment is subject to finalization.

ADJUSTED INCOME FROM OPERATIONSJan 2, 2016

Jan 3, 2015

Jan 2, 2016

Jan 3, 2015

Jan 2, 2016

Jan 3, 2015

Jan 2, 2016

Jan 3, 2015

GAAP Income from Operations 53.9$ 33.6$ 146.7$ 99.6$ 52.2$ (11.7)$ 252.8$ 121.5$

Goodwill Impairment 1 79.9 100.7 - 7.7 - 11.1 79.9 119.5

Asset Impairments and Other, Net - - - 13.8 - 26.2 - 40.0

Venezuelan Asset Write Down 12.8 - - - - - 12.8 -

Purchase Accounting and Transaction Costs - 4.0 - - 29.8 4.4 29.8 8.4

Restructuring Costs 6.8 1.6 1.5 11.4 0.6 0.2 8.9 13.2

Venezuelan Currency Devaluation1 1.5 10.4 - - - - 1.5 10.4

Gain on Disposal of Real Estate - (13.9) (3.4) - - - (3.4) (13.9)

Loss on Divestiture Bankruptcy - 6.3 - - - - - 6.3

Loss on Sale of Joint Venture - 1.9 - - - - - 1.9 Adjusted Income from Operations 154.9$ 144.6$ 144.8$ 132.5$ 82.6$ 30.2$ 382.3$ 307.3$

—

GAAP Operating Margin % 3.2 % 1.8 % 14.1 % 8.8 % 6.8 % (4.4)% 7.2 % 3.7 %

Adjusted Operating Margin % 9.1 % 7.8 % 13.9 % 11.7 % 10.7 % 11.3 % 10.9 % 9.4 %

1. Goodwill impairment is subject to finalization.

Three Months Ended

Commercial & Industrial Systems Climate Solutions

Power Transmission Solutions Total Regal

Twelve Months EndedCommercial & Industrial

Systems Climate SolutionsPower Transmission

Solutions Total Regal

Dollars in Millions

Dollars in Millions

Appendix Non-GAAP Reconciliations

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Appendix Non-GAAP Reconciliations

Free Cash Flow as a Percentage of Adjusted Net Income Attributable to Regal Beloit Corporation Adjusted to Exclude the Non-Cash,Net of Tax, Goodwill and Asset Impairments and Other, Net

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ADJUSTED NET INCOME

Dollars in Millions 2011 2012 2013 2014 2015 2016 (E)

GAAP Net Income Attributable to Regal Beloit Corporation 152.3$ 195.6$ 120.0$ 31.0$ 143.3$ 200.0$

Goodwill and Asset Impairments and Other —$ —$ 81.0$ 159.5$ 92.7$ —$

Tax Effect from Goodwill and Asset Impairments and Other —$ —$ (6.4)$ (12.3)$ (21.8)$ —$

Adjusted Net Income 152.3$ 195.6$ 194.6$ 178.2$ 214.2$ 200.0$

FREE CASH FLOW

Dollars in Millions 2011 2012 2013 2014 2015 2016 (E)

GAAP Net Cash Provided by Operating Activities 265.3$ 351.7$ 305.0$ 298.2$ 381.1$ 387.0$

Additions to Property, Plant and Equipment (57.6)$ (91.0)$ (82.7)$ (83.6)$ (92.2)$ (80.0)$

Grants Received for Capital Expenditures —$ 8.7$ 1.6$ —$ —$ —$

Free Cash Flow 207.7$ 269.4$ 223.9$ 214.6$ 288.9$ 307.0$

Free Cash Flow as a Percentage of Adjusted Net Income 136.4% 137.7% 115.1% 120.4% 134.9% 153.5%

Fiscal Years

Fiscal Years

Appendix Regal Shipping Days

1Q 2Q 3Q 4Q FY

2014 63 63 63 64 253

2015 64 63 64 59 250

2016 64 64 63 60 251

Regal operates on a 52/53 week fiscal year ending on the Saturday closest to December 31

Fiscal Years 2015 and 2016 have 52 weeks

Fiscal Year 2014 had 53 weeks

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