2017 Investor Presentation

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally use

words such as “expect,” “foresee,” “anticipate,” “believe,” “project,” “should,” “estimate,” “will,” “plans,” “forecast,” and similar expressions, and reflect our expectations concerning

the future. It is possible that our future performance may differ materially from current expectations expressed in these forward-looking statements, due to a variety of factors

such as: increasing price and product/service competition by foreign and domestic competitors, including new entrants; technological developments and changes; the ability to

continue to introduce competitive new products and services on a timely, cost-effective basis; our mix of products/services; increases in raw material costs which cannot be

recovered in product pricing; domestic and foreign governmental and public policy changes including environmental and industry regulations; threats associated with and efforts

to combat terrorism; protection and validity of patent and other intellectual property rights; the successful integration and identification of our strategic acquisitions; the cyclical

nature of our businesses; and the outcome of pending and future litigation and governmental proceedings. In addition, such statements could be affected by general industry and

market conditions and growth rates, the condition of the financial and credit markets, and general domestic and international economic conditions including interest rate and

currency exchange rate fluctuations. Further, any conflict in the international arena may adversely affect general market conditions and our future performance. We refer you to

the documents we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these

and other risks and uncertainties that could cause our actual results to differ materially from our current expectations and from the forward-looking statements contained in this

press release. We undertake no obligation to update any forward-looking statement.

Forward Looking Statements

Use of Non-GAAP Financial Measures

All financial and percentage comparisons in this presentation are made to the same quarter of the previous year, unless otherwise stated. Certain full year 2016 measures of

operating performance are measured on a non-GAAP basis. The measures of operating performance of CBF segment EBIT and EBIT margin are presented to exclude the

impairment charges at Carlisle Brake & Friction. Management believes adjusted results more accurately portray the ongoing operational performance and fundamentals of the

underlying business and present a more useful comparison between current results and results in prior operating periods. Management also uses the non-GAAP financial

measures in making financial, operating and planning decisions and in evaluating the Company’s performance.

See appendix for the reconciliation of these measures to the most directly comparable GAAP measures. Throughout the presentation each non-GAAP measure is denoted with

an *.

Carlisle Strategic Vision and Targets

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Carlisle Companies Incorporated is a diversified,

global portfolio of niche brands and businesses

with highly engineered and high margin products.

Carlisle is committed to generating superior

shareholder returns by combining a unique

management style of decentralization,

entrepreneurial spirit, active M&A, and a

balanced approach to capital deployment, all

with a culture of continuous improvement as

embodied in the Carlisle Operating System.

5 Business Segments

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Self-Adhering

and Fluid-Applied

Air and Vapor

Barriers

Roof Garden Assemblies

Above Grade

Waterproofing

Systems

Wall Insulation

Below Grade

Waterproofing and

Drainage Systems

HVAC Sealants

and Adhesives

Single-Ply

Roofing Systems

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CCM: Non-Residential Construction 2016 Sales: $2Bn, 10-year Sales CAGR: 4%,

2016 EBIT 21%

Passenger Cabin:

Wi-Fi, Galley, Overhead

& Underfloor Equipment

Racks, In-Seat

Interconnect Solutions

In-Seat:

Fiber Optic Cable, High

Speed Digital and Data

Cables, Octax®, Backshells

and Harness Assemblies

Connectivity:

ARINC 791, Direct Mount,

IGA, HGA, ATG Installation

Solutions

Flight Deck:

Electronic Flight Bag,

Avionics and Aircraft

Systems Management

Interconnect Solutions

Aircraft Systems Management:

Data Bus, Power and Video

Assemblies, Specialty Connectors,

Instrument Control Panels, Fiber

Optic Cable, Blanking Plates and

Surrounds, Backlit Switch Panel

Engine:

Power and Grounding,

Lightning Strike

Protection, Engine

Control and Sensing, APU

Whole Aircraft

Power and Grounding:

Engine, Thermazone and

Swamp Wire, Composite

Aerospace Wire, Bonding

Straps and Lugs, Terminal

Blocks, Power Feeder

Assemblies

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CIT – Commercial Aerospace2016 Sales: $835M, 10-year Sales CAGR: 22%,

2016 EBIT 17.3%

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Storage, Handling, Transport

and Food Bars

Food Prep,

Cookware, Catering

Equipment and

Bar Supplies

Dinnerware, Drinkware,

Tabletop Accessories,

Tablecoverings and

Displayware

Warewashing,

Cleaning Tools,

Floor Care and

Waste Management

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CFS – FoodService2016 Sales: $250M, 10-year Sales CAGR: 3%,

2016 EBIT 12.6%

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Mixing, Metering,

and Color Change

Systems

Applicator

Safety

equipment

Curing

Systems

Air Filtration Systems

Robotic

Electrostatic

Atomizers

Fluid

Delivery

and Pump

Systems

Manual Spray

Applicators

CFT – Transportation

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2016 Sales: $269M, 2016 EBIT 12.3%

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Master Cylinders

Power Transmission

Materials

Integrated SAHR

Park Brakes

RT Series

Brakes

Dual Accumulator

Charge Valves

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CBF – Construction2016 Sales: $268M, 10-year Sales CAGR: 9%,

2016 EBIT 2.2%*

Historical Revenue and EPS Performance

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21.0% EBIT

17.3% EBIT

12.3%

EBIT

12.6%

EBIT2.2%

EBIT*

$-

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

$7.00

$-

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

2013 2014 2015 2016

Ad

juste

d E

PS

Reve

nu

e (

$B

)

Revenue Adjusted EPS

$2.9B

$3.2B

$3.5B$3.7B

$3.61$3.83

$4.82

$5.86*

2017 Q2 Highlights

2nd Quarter 2017 Earnings Call

($ millions, except per share amounts) Q2 ’17 Q2 ‘16 Δ

Net Sales $1,071.7 $996.9 +7.5%

Income from Continuing

Operations, net of Tax$102.3 $115.2 -11.3%

Diluted EPS $1.58 $1.75 -9.7%

EBIT $158.8 $178.9 -11.2%

EBIT Margin % 14.8% 17.9% -310 bps

Free Cash Flow $67.1 $43.7 +53.5%

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Surpassed $1B quarterly revenue mark for first time

2017 Notable Items

1st Quarter 2017 Earnings Call12

• CCM– Growth outpacing U.S. Non-Residential Roofing market

– Seeking acquisitions to expand building envelope presence

• CIT– Worsening IFE demand environment experienced in Q1/Q2 leveling off

– Delays in ramp up of SatCom business

• Capital Deployment‒ Repurchased $150M of shares in Q2; expect to buy back additional ~$100M in second half of 2017

‒ Completed three acquisitions YTD

• 2017 Outlook‒ Expect $45-55M of restructuring, facility rationalization and other non-operating items in 2017

‒ Expect total sales growth in mid-to-high single digits

-100%

-50%

0%

50%

100%

150%

200%

S&P 500 S&P MidCap 400 Carlisle Companies Inc

10-Year Total Shareholder ReturnCSL vs S&P500 and S&P Midcap 400

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21.0% EBIT

17.3% EBIT

12.6%

EBIT2.2%

EBIT*

CSL 105%

S&P500 61%

S&P400 MidCap 71%

Lean and Six Sigma principles

to maximize performance and eliminate

waste

Inspires a culture of

continuous improvement

Provides exceptional

value for our customers and shareholders

Carlisle Operating System (COS): Accumulated savings of over $200 million since 2008 launch

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Consistent Strategy for Creating Value Since 2008

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Drive Growth Through Investment in a Diversified Platform of High Margin Businesses

• $800M of Capital Expenditures

Aggressively Seek Complementary Acquisition Opportunities

• Deployed $2.8Bn with significant additional capacity to acquire

Return Cash through a Flexible Share Repurchase Program and a Consistent Dividend

• Over $500M of dividends and $500M of share repurchases

5 Reasons to Invest in Carlisle

Strong platforms

A balance sheet with capacity to support future growth

A compelling capital deployment strategy

A culture of Continuous Improvement

A track record of success

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Appendix

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Annual Shareholder Meeting, April 201718

Reconciliation of GAAP to Non-GAAP MeasuresRelated to Impairment Charges

Year Ended December 31, 2016

Carlisle Companies Incorporated Carlisle Brake & Friction

Diluted Income Income from Earnings (in millions, except percentages EBIT Tax Continuing per Share from EBIT

and per share amounts) EBIT

Margin Impact

Operations

Cont. Ops.

EBIT Margin

As Reported $ 441.1 12.0 % $ 159.7 $ 250.8 $ 3.83 $ (135.7) (50.5) %

Impairment charges 141.5 3.9 8.8

(1)

132.7 2.03 141.5 52.7

Excluding goodwill and intangible Impairments $ 582.6 15.9 % $ 168.5 $ 383.5 $ 5.86 $ 5.8 2.2 %

(1) The reconciling item related to income tax expense for the full year 2016 reflects the tax benefit of the impairment charges, with the

fourth quarter reconciling item reflecting the difference between the full year tax benefit of $8.8 million and the first nine months of $18.9 million, resulting in tax expense of $10.1 million in the fourth quarter of 2016.

This selected Non-GAAP financial information for the full year 2016 are presented to exclude the impairment charges at Carlisle Brake & Friction. Management believes adjusted results more accurately portray the ongoing operational performance and fundamentals of the underlying business and present a more useful comparison between current results and results in prior operating periods. Management also uses the non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the Company’s performance.

Carlisle Companies Incorporated GAAP to Non-GAAP Reconciliation