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Regal Beloit Corporation Announces Record Second Quarter 2021 Financial Results News provided by Share this article Second Quarter Highlights Record Adjusted Operating Margin of 14.0% Up 460 bps versus PY (GAAP Operating Margin 12.3%) Achieving 300-in-3 Record Adjusted Diluted EPS of $2.28 Up 140% versus PY (GAAP Diluted EPS of $1.94) Daily Orders Up 57% in 2Q and Tracking up Mid-20 s in July versus PY Net Debt to Adjusted EBITDA of 0.7x, with Free Cash Flow of $73.5M for Conversion of 90.3% Expect 2021 Adjusted Diluted EPS Range of $8.70 to $9.00 (GAAP Diluted EPS Range of $7.29 to $7.59) Update on Rexnord PMC Merger Closing is On Track for the Second Half of 2021

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