Shanghai, China, July 12, 2024- Timken Corporation (NYSE: TKR; www.temken. com), a global technology leader in engineering bearings and industrial transmissions, has been named one of America's Greatest Workplaces by Newsweek and one of the Best Companies to Work For by U.S. News&World Report. The selection results of Newsweek are based on a study conducted by data research company Plant-A Insights, which interviewed over 250000 employees and collected over 1.5 million comprehensive evaluations of the company. The ranking criteria of U.S. News&World Report combine public information and industry classification standards.

Natasha Pollock, Vice President of Human Resources at Timken, said, "Without the contributions of our global employees, we would not have had 125 years of business growth and sustained focus. Our employees are committed to creating future solutions and innovations for a functioning world. These honors are a recognition of our strong and diverse workplace culture, which focuses on providing sustained growth and career development opportunities for world-class teams that solve customer challenges

To select the best workplaces in the United States, Newsweek partnered with Plant-A Insights to assess companies with over 500 employees across various industries in the country. By comparing the current employer's corporate culture, work environment, and other evaluation criteria with other companies, the two institutions evaluated employers who have reached this scale. Based on at least 75 authoritative reviews from Glassdoor in the United States between 2020 and 2023, U.S. News&World Report selected this list from publicly listed companies covered by the Russell 3000 Index. The evaluation focuses on indicators such as salary and benefit quality, work life balance and flexibility, job and company stability, and career development.

(Source: www.timken.com)