Conference: Rockwell Automation 2016 Investor Meeting

Copyright © 2016 Rockwell Automation, Inc. All Rights Reserved. 1

Rockwell AutomationAnnual Investor Conference November 10, 2016


SAFE HARBOR STATEMENT

THIS PRESENTATION INCLUDES STATEMENTS RELATED TO THE EXPECTED FUTURE

RESULTS OF THE COMPANY AND ARE THEREFORE FORWARD-LOOKING STATEMENTS.

ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE PROJECTIONS DUE TO A

WIDE RANGE OF RISKS AND UNCERTAINTIES, INCLUDING THOSE THAT ARE LISTED IN

OUR SEC FILINGS.

THIS PRESENTATION ALSO CONTAINS NON-GAAP FINANCIAL INFORMATION AND

RECONCILIATIONS TO GAAP ARE INCLUDED IN THE APPENDIX. ALL INFORMATION

SHOULD BE READ IN CONJUNCTION WITH OUR HISTORICAL FINANCIAL STATEMENTS.


Copyright © 2016 Rockwell Automation, Inc. All Rights Reserved. 3Copyright © 2016 Rockwell Automation, Inc. All Rights Reserved. 3

Video CueRockwell Automation Intro Video


AGENDA

• Overview

• Key Market Drivers

• Vision & Strategy

• Bringing The Connected Enterprise to Life

• Above Market Growth

• Superior Returns

• How We Measure Success

• Financial Update

• Final Remarks and Q&A



AUTOMATION SOLUTIONS for a broad range of industries

80+COUNTRIES

22,000EMPLOYEES

$5.9B

Innovation Domain expertise Culture of integrity &

corporate responsibility

SERVINGCUSTOMERS FOR

113 YRS

FISCAL 2016 SALES

WORLD’S LARGEST COMPANY DEDICATED

TO INDUSTRIAL AUTOMATION AND INFORMATION

VALUE CREATION

ABOVE-MARKET GROWTH | PRODUCTIVITY | INTELLECTUAL CAPITAL

at A GLANCE



A ROK SOLID FOUNDATION

SUSTAINABLE

DIFFERENTIATION

INNOVATIVE TECHNOLOGY & DOMAIN EXPERTISE

INDUSTRY-LEADING PARTNERS

UNIQUE MARKET ACCESS MODEL

LARGE INSTALLED BASE

GLOBAL FOOTPRINT & SUPPORT

STRONG CULTURE OF INTEGRITY

OPERATING MARGINS

RETURN ON INVESTED CAPITAL

FREE CASH FLOW CONVERSION

ROK SOLID BALANCE SHEET

Pure Play Leader in INDUSTRIAL AUTOMATION & INFORMATION

SUPERIOR

FINANCIAL PERFORMANCE



GROWTH OF THE MIDDLE CLASS

IN EMERGING MARKETS

AGING WORKFORCE

GLOBALIZATIONBuilding out consumer

manufacturing in

Emerging Markets

Filling the skills gap

Driving increased demand

for productivity

G R O W I N G D I G I T I Z A T I O N O F T H E A U T O M A T I O N M A R K E T

KEY MARKET DRIVERSMacro Trends


KEY AUTOMATION MARKET DRIVERSTechnology Tailwinds

CUSTOMER IMPLICATIONS

IT-OT CONVERGENCE AVAILABILITY OF DATASCALABLE COMPUTING

OPTIONS

LOWER COST OF

CONNECTIVITY

Secure connections

between plants and

the enterprise

Convert data to

information for better

business decisions

Greater value from

managing information

at the appropriate level

More smart devices

on the factory floor


With value described

for a customer in

their specific

language

BRINGING

THE CONNECTED

ENTERPRISE

TO LIFE

ABOVE-MARKET

REVENUE

GROWTH

SUPERIOR

RETURN

ON YOUR

INVESTMENT

Share growth in our

core platforms and

industries

EPS growth greater

than revenue growth

ROK VISION

Delivered using all of our

strengths and those of

our partners to provide

reliable results

Double-digit growth in

Information Solutions

and Connected Services

Over 20% Return

On Investment

Capital (ROIC)

Growth of a point or more

per year from acquisitions

100% Free Cash

Flow as a

percentage of

Adjusted Income

Consistent return of cash

to shareowners



BRINGING THE CONNECTED ENTERPRISE TO LIFE


WHY WE WILL WIN

Domain expertise

Large installed base

Global support

Secure, standard, open Ethernet

Step-by-step approach

Successful world-class partnerships

Wide portfolio of smart plant floor devices

Multi-discipline, scalable architecture

Integrated Control & Information

BEST PEOPLE, PARTNERS AND TECHNOLOGY IN THE INDUSTRY




EMBEDDEDPROGRAMMING

TOOLSVISUALIZATION

APPLICATION

SOFTWARE

INFORMATION

SOLUTIONS

70%OF SALES INCLUDE

SOFTWAREOVER30 YEARS

DELIVERING

FACTORY FLOOR

SOFTWARE FOR

SOFTWARE POWERS THE CONNECTED ENTERPRISE

INDUSTRIAL SOFTWARE LEADER

RECOGNIZED

WE ARE AN INDUSTRIAL SOFTWARE COMPANY

OVER 60% OF DEVELOPMENT ENGINEERS

ARE SOFTWARE ENGINEERS +AT OUR PARTNERS

1,000s


BRINGING THE CONNECTED ENTERPRISE TO LIFEOur Approach

Understandingour customers’ best opportunities for productivity;

understanding fosters loyalty

Combiningour differentiated technology and domain

expertise to deliver positive business outcomes

for our customers;

the combination increases customer share,

preserves margins and reduces cyclicality

Simplifyingour customers’ experience;

simplification drives productivity



BRINGING THE CONNECTED ENTERPRISE TO LIFE

Across a Broad Range of Industries

CONSUMER OIL & GAS,

CHEMICAL

MINING &

CEMENT

LIFE SCIENCES

Fastest growing

pharma

Manufacturing

Execution System

(MES) solutions

Fastest line

integration for

packaging

equipment

TRANSPORTATION

Taking share in

powertrain and

growing in electric

vehicles

Leader in process

safety applications

World-class solutions

deployable in any

mining application

Faster Time

to Market

Lower Total Cost

of Ownership

Improved Asset

Utilization

Enterprise Risk

Management


INDUSTRY SEGMENTS

Food & Beverage

Home & Personal Care

Life Sciences

Consumer Packaged GoodsGROWTH AND DIFFERENTIATION

KEY TRENDS

Middle Class Growth

in Emerging Markets

Increased Flexibility

Food Safety

New Midrange Capabilities Multi-Discipline Control

ROCKWELL AUTOMATION DIFFERENTIATORS

Remote Monitoring

MES and Data Analytics

iTrak®



ELIMINATED 2,500 HOURS

OF MANUAL COLLECTION

REAL-TIME PRODUCTION DATA

IMPROVED OEE BY 25%



INDUSTRY SEGMENTS

Pharmaceuticals

Biotech

Medical Devices


KEY TRENDS

Product Safety & Compliance

Flexible Packaging

Digitization

Modular ManufacturingIndustry Leading

Track & Trace MES

Multi-Discipline Control

Intelligent Motor Control

Life SciencesGROWTH AND DIFFERENTIATION



5-10%ON-SITE

50%MANAGEMENT

46-75%BATCH RECORD REVIEW

50%PERFORMANCE ANALYSIS

TRANSPARENT OPERATION | SOP | DECREASING DEFECTIVE PERCENTAGE

MES Program helped the pharmaceutical enterprise realize paperless production

Sterile powder

meets the stringent

requirements

of China FDA

regulations

Reduced Man Hours


Video CueZMC


INDUSTRY SEGMENTS

Body & Assembly

Powertrain

Tire Manufacturing

KEY TRENDS

Changing Fuel Economy

& Emissions Standards

Greenfield Expansion

in Emerging Markets

Electric Vehicles

TransportationGROWTH AND DIFFERENTIATION



Independent Cart TechnologyIntegrated Powertrain Solution MES Offering

AUTOSUITETM


25 of 40VEHICLE ASSEMBLY PLANTS

ARE CURRENTLY USING

SPAINTURKEY

CHINAUS

THAILAND

PLANTS AROUND WORLD ARE NOW CONNECTED

TO THE ENTERPRISE

2 MILLION VARIATIONS

“NEXT GENERATION AUTOMATED VEHICLE SCHEDULING”

Manages

Production in

Real Time

WITH MORE THANCANADA

MEXICO



Video CueKuka PULSE


Digital Oil Field Global Leader in Process Safety High Performance Drives

INDUSTRY SEGMENTS

Upstream - Production: Onshore & Offshore

Midstream - Transportation & Storage

Downstream - Motor Control & Safety Systems

Specialty Chemicals


KEY TRENDS

Production Optimization

Remote Monitoring

Non-Conventional Extraction

Subsea

CONNECTEDPRODUCTION™

Oil & Gas, ChemicalGROWTH AND DIFFERENTIATION



Streamlined Billing & Invoicing | Improved SLA Tracking

99%ACHIEVED UPTIME OF

CLOUD SOLUTION

Enables Collaboration

Retail LNG STATIONS

Gallons per

Month53,510Total DomesticSales Average

11 SITES GLOBALLY MONITORED IN THE CLOUD



Broad Expertise &

Worldwide Support

Rockwell Automation Mining

Solution Library

Remote Monitoring &

Information Solutions

INDUSTRY SEGMENTS

Ferrous & Non-Ferrous Metals

Precious Metals

Coal

Cement


KEY TRENDS

End-to-End Integration

Remote Operations & Support

Energy Management

Digitization

Mining & CementGROWTH AND DIFFERENTIATION



REDUCE Operator Variability

Enterprise Historian Solution from Rockwell Automation and OSIsoft

Increase in access

to production data20X

Installation

2016

MILLIONS of Data Tags Mines, product transportation, six production

facilities and into shipping operations

IMPROVE Quality & Productivity



Grow double-

digit in

Information

Solutions &

Connected

Services

Grow a point or

more per year

from acquisitions Gain share in

core platforms

ABOVE-MARKET REVENUE GROWTH



EPS Growth Greater Than Revenue Growth

ROIC Above 20%

100% Free Cash Flow Conversion

Consistent Return of Cash to Shareowners

SUPERIOR RETURNS



Share Gains in Key Product Platforms

Execution of our Acquisition Strategy

Double-Digit Growth in Information Solutions & Connected Services

Growth in Key Verticals

HOW WE MEASURE PROGRESS



Rockwell AutomationFinancial Update November 10, 2016



2017 GUIDANCE

Sales Midpoint ~ $6B

Organic Growth Range 0% to 4%

Currency Translation ~ (0.5)%

Acquisitions ~ 1.5%

Segment Operating Margin ~ 20%

Adjusted Effective Tax Rate ~ 24%

Adjusted EPS $5.85 - $6.25

Free Cash Flow as a % of Adjusted Income ~ 100%

FISCAL 2017 GUIDANCE

Note: As of November 7, 2016


CAPITAL DEPLOYMENT

$0

$200

$400

$600

$800

$1,000

$1,200

2008 2009 2010 2011 2012 2013 2014 2015 2016

(in

$m

illio

ns)

Free Cash Flow

Acquisitions

Dividends

Share Repurchase

Returned $5.4B to Shareowners Since 2008


STRONG FINANCIAL PERFORMANCE

2008 - 2016

150%

Dividend per Share

INCREASE

6% CAGR

ADJUSTED

EPS GROWTH

$2BInvested in R&D

OVER

8% CAGR

FREE CASH

FLOW

27%AVERAGE ROIC

$1BOrganic Revenue Growth

OVER


TOTAL SHAREOWNER RETURN HISTORY

$50

$150

$250

$350

$450

2008 2009 2010 2011 2012 2013 2014 2015 2016

Rockwell Automation S&P 500 Index

..

Fiscal Year Ended September 30

TSR consistently above the S&P 500


Rockwell AutomationFinal Remarks November 10, 2016



Innovation

Top 100

Global Innovators

Company Index

Corporate Responsibility

Better Business Bureau

International Torch AwardAmerican Business

Ethics Award

Top 100

Innovative Companies

Top 10 - Newsweek Green

Rankings

World’s Most Ethical

Companies

Corporate Responsibility, Sustainability and Our People

Tetra Pak

Best-in-Class Supplier

Asian Manufacturing Award

Best Internet of Things

Provider

FIRST Robotics Competition

Crown Supplier Nestlé North America

Procurement Supplier of the Year

Solutions Innovations

Partner of the Year Award

for the Americas

One of 25 Best Tech

Companies to Work for in

America

One of the Best Places

to Work in the U.S.

Human Rights Campaign

Corporate Equality Index

Most Sustainable

Companies

China’s Top 100 Most

Attractive Employer and

Top Mover

Ethics and Integrity

GLOBAL LEADERSHIP & RECOGNITION

http://images.google.com/imgres?imgurl=http://www.sumitomotrust.co.jp/IR/company/jp/images/index/FTSE4Good.jpg&imgrefurl=http://www.sumitomotrust.co.jp/IR/company/index_en.html&usg=__--p3J-xHJKDhHnVCTTvL2mqrJ4U=&h=3823&w=4724&sz=976&hl=en&start=3&tbnid=4NWOTvrEh2USOM:&tbnh=121&tbnw=150&prev=/images?q=FTSE4+Good&gbv=2&hl=en

http://images.google.com/imgres?imgurl=http://www.sumitomotrust.co.jp/IR/company/jp/images/index/FTSE4Good.jpg&imgrefurl=http://www.sumitomotrust.co.jp/IR/company/index_en.html&usg=__--p3J-xHJKDhHnVCTTvL2mqrJ4U=&h=3823&w=4724&sz=976&hl=en&start=3&tbnid=4NWOTvrEh2USOM:&tbnh=121&tbnw=150&prev=/images?q=FTSE4+Good&gbv=2&hl=en


Willing to

Compare

Ourselves

to the Best

Increase Speed

of Decision

Making

Steady Stream

of Fresh Ideas

Culture of

Integrity &

Inclusion

OUR CULTURE



WHY INVEST

Competitive

Differentiation

Track Record of

Performance Through

the Cycle

Strong Cash Flow

Generation

Solid Balance Sheet

An Intellectual Capital

Company Focused on

Industrial Productivity



AppendixReconciliation to Non-GAAP MeasuresNovember 10, 2016


Return On Invested Capital(in millions, except percentages)

Twelve Months Ended September 30,

2016 2015 2014 2013 2012 2011 2010 2009 2008

(a) Return

Income from continuing operations $ 729.7 $ 827.6 $ 826.8 $ 756.3 $ 737.0 $ 697.1 $ 440.4 $ 217.9 $ 577.6

Interest expense 71.3 63.7 59.3 60.9 60.1 59.5 60.5 60.9 68.2

Income tax provision 213.4 299.9 307.4 224.6 228.9 170.5 103.8 56.0 231.3

Purchase accounting depreciation and amortization 18.4 21.0 21.6 19.3 19.8 19.8 18.9 18.6 24.2

Special charges — — — — — — — (4.0) 46.7

Return 1,032.8 1,212.2 1,215.1 1,061.1 1,045.8 946.9 623.6 349.4 948.0

(b) Average Invested Capital

Short-term debt 248.2 166.6 275.5 209.0 207.2 — — 70.1 325.1

Long-term debt 1,509.0 1,261.9 905.3 905.0 905.0 904.9 904.8 904.6 804.5

Shareowners' equity 2,164.1 2,521.3 2,680.7 2,086.7 1,881.5 1,709.7 1,387.9 1,563.5 1,798.5

Accumulated amortization of goodwill andintangibles 811.8 792.6 772.7 775.2 751.0 716.7 679.4 648.3 619.0

Cash and cash equivalents (1,461.7) (1,376.1) (1,210.6) (1,010.2) (878.8) (922.7) (763.3) (576.0) (728.0)

Short-term investments (846.5) (639.3) (485.2) (361.7) (232.5) — — — —

Average invested capital 2,424.9 2,727.0 2,938.4 2,604.0 2,633.4 2,408.6 2,208.8 2,610.5 2,819.1

(c) Effective Tax Rate

Income tax provision 213.4 299.9 307.4 224.6 228.9 170.5 103.8 56.0 231.3

Income from continuing operations before income taxes $ 943.1 $ 1,127.5 $ 1,134.2 $ 980.9 $ 965.9 $ 867.6 $ 544.2 $ 273.9 $ 808.9

Effective tax rate 22.6% 26.6% 27.1% 22.9% 23.7% 19.7% 19.1% 20.4% 28.6%

(a) / (b) * (1-c) Return on Invested Capital 33.0% 32.6% 30.1% 31.4% 30.3% 31.6% 22.8% 10.7% 24.0%

RECONCILIATION TO NON-GAAP MEASURES

41



Adjusted EPS


2016 2015 2014 2013 2012 2011 2010 2009 2008

Diluted EPS from continuing operations $ 5.56 $ 6.09 $ 5.91 $ 5.36 $ 5.13 $ 4.79 $ 3.05 $ 1.53 $ 3.89

Non-operating pension costs per diluted share 0.58 0.46 0.40 0.55 0.25 0.16 0.07 (0.14) (0.17)

Tax effect of non-operating pension costs perdiluted share (0.21) (0.15) (0.14) (0.20) (0.09) (0.06) (0.02) 0.05 0.07

Adjusted EPS $ 5.93 $ 6.40 $ 6.17 $ 5.71 $ 5.29 $ 4.89 $ 3.10 $ 1.44 $ 3.79

Free Cash Flow(in millions)


2016 2015 2014 2013 2012 2011 2010 2009 2008

Cash provided by continuing operating activities $ 947.3 $ 1,187.7 $ 1,033.3 $ 1,014.8 $ 718.7 $ 643.7 $ 494.0 $ 526.4 $ 596.8

Capital expenditures (116.9) (122.9) (141.0) (146.2) (139.6) (120.1) (99.4) (98.0) (151.0)

Tax payments related to the gain on divestiture of Power Systems — — — — — — — — 7.9

Excess income tax benefit from share-based compensation 3.3 12.4 29.9 31.9 18.5 38.1 16.1 2.4 4.6

Free cash flow $ 833.7 $ 1,077.2 $ 922.2 $ 900.5 $ 597.6 $ 561.7 $ 410.7 $ 430.8 $ 458.3

42



Fiscal 2017 Guidance(in billions, except percentages and per share amounts)

Organic Sales Fiscal 2017 Guidance

Organic sales growth 0% to 4%

Foreign currency impact ~ (0.5)%

Acquisition impact ~ 1.5%

Reported sales growth 1% to 5%

Segment Operating Margin

Total sales (a) $ ~ 6

Total segment operating earnings (b) ~ 1.2

Costs not allocated to segments ~ (0.3)

Income before income taxes (c) $ ~ 0.9

Total segment operating margin (b/a) ~ 20 %

Pretax margin (c/a) ~ 16 %

Adjusted Effective Tax Rate

Effective tax rate ~ 23 %

Tax effect of non-operating pension costs ~ 1 %

Adjusted Effective Tax Rate ~ 24 %

Adjusted EPS

Diluted EPS from continuing operations $5.46 - $5.86

Non-operating pension costs per diluted share 0.62

Tax effect of non-operating pension costs per diluted share (0.23)

Adjusted EPS $5.85 - $6.25

Investor Relations

Conference: Rockwell Automation 2016 Investor Meeting