Illinois Tool Works Inc. Issues $1.5 Billion in 4.650% Notes Due 2029

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issued $1.5 billion in aggregate principal amount of 4.650% notes due 2029. The notes will mature on August 13, 2029, and bear interest at a rate of 4.650% per annum, payable semi-annually. The company intends to use the net proceeds from this offering to repay a portion of the indebtedness incurred under its commercial paper program, with any remaining proceeds used for general corporate purposes. The notes were issued pursuant to an Indenture dated as of November 1, 1986, as supplemented by a First Supplemental Indenture dated as of May 1, 1990, and an Officers' Certificate dated August 13, 2026. A copy of the opinion of Faegre Drinker Biddle & Reath LLP, counsel to the company, relating to the legality of the notes, is also included as an exhibit.

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About Illinois Tool Works Inc.

Illinois Tool Works Inc. is a multinational manufacturer specializing in industrial equipment and tools. The company is renowned for creating engineered products and systems, serving diverse sectors such as automotive, food, construction, and electronics. Illinois Tool Works Inc. focuses on an 80/20 business process, aiming to generate 80% of its results from its top 20% of products, which allows for efficient operations and concentrated growth. The company's product range includes welding equipment, polymers, fasteners, and warewashing machinery, providing essential solutions that enhance productivity and quality in production processes. Operating globally, Illinois Tool Works Inc. plays a pivotal role in industrial supply chains, driving advancements through innovation and streamlined operations. Founded in 1912 and headquartered in Glenview, Illinois, the organization has solidified its position as a leader in industrial manufacturing, continually impacting key industries with its comprehensive and sustainable solutions.