On December 8, 2023, the Board of Directors of Illinois Tool Works Inc. elected Jaime Irick as a director, effective February 1, 2024, to serve until the May 2024 Annual Meeting and determined him to be independent. Mr. Irick, age 49, has served as Senior Vice President, Architectural Coatings, U.S. and Canada and Global Traffic Solutions Business for PPG Industries Inc. since May 2022 and served as Vice President, Architectural Coatings, U.S. and Canada from May 2019 to May 2022. Prior to joining PPG Industries, Mr. Irick served as President of the Life Fitness Division of Brunswick Corp.

and had 13 years of service at General Electric Company, serving in various roles with increasing levels of responsibility and operating as a GE Company Officer. Mr. Irick is a U.S. Army veteran having served five years as a Field Artillery Officer prior to his business career. Mr. Irick has been appointed to the Audit Committee of the Company, effective February 1, 2024.