Trane Technologies plc

(a)Mr. Simmons became an NEO in 2024; therefore, the table summarizes his compensation for 2025 and 2024. Mr. Guo and Dr. Atalla became NEOs in 2025; therefore, the table summarizes their compensation for 2025.

(b)Reflects a $400,000 cash sign-on payment to partially replace incentive value forfeited upon departure from Dr. Atalla’s former employer. The award is intended solely as a make-whole for foregone compensation and is not part of the Company’s ongoing compensation program.

(c)The amounts in this column reflect the aggregate grant date fair value of PSU awards and any RSU awards granted for the year under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 718 and do not reflect amounts paid to or realized by the NEOs. For a discussion of the assumptions made in determining the ASC 718 values see Note 14, “Share-Based Compensation,” to the Company’s consolidated financial statements contained in its 2025 Form 10-K. Mr. Guo’s stock award reflects a make-whole equity award consisting of RSUs and PSUs to compensate him for incentive compensation forfeited upon departure from his prior employer. Dr. Atalla’s stock and option awards include his annual grant along with a make-whole equity award consisting of options, RSUs and PSUs to compensate him for incentive compensation forfeited upon departure from his prior employer. See 2025 Grants of Plan-Based Awards Table for additional detail. The ASC grant date fair value of the PSU award is spread over the number of months of service required for the grant to become non-forfeitable, disregarding any adjustments for potential forfeitures. In determining the aggregate grant date fair value of the PSU awards, the awards are valued assuming target level performance achievement. The table below includes the maximum grant date value of the PSU awards for the persons listed. If the maximum level performance achievement is assumed, the aggregate grant date fair value of the PSU awards would be as follows:

56

(d)The amounts in this column reflect the aggregate grant date fair value of stock option grants for financial reporting purposes for the year under ASC 718 and do not reflect amounts paid to or realized by the NEOs. For a discussion of the assumptions made in determining the ASC 718 values see Note 14, “Share-Based Compensation,” to the Company’s consolidated financial statements contained in its 2025 Form 10-K. Please see 2025 Grants of Plan-Based Awards Table and Outstanding Equity Awards at December 31, 2025 Table for additional detail.

(e)This column reflects the amounts earned as annual awards under the AIM program. Unless deferred into the EDCP II, AIM program payments are made in cash. For 2025, Mr. Kuehn elected to defer 15% of his AIM award into the EDCP II. Amounts shown in this column are not reduced to reflect deferrals of AIM awards into the EDCP II.

(f)This column represents the change in pension value for our NEOs under the Pension Plan, Supplemental Pension Plans, and the KMP, as applicable. The change in pension benefits value is attributed to changes in eligible pay (including the annual AIM Award and any salary increases) and an additional year of service, excluding Mr. Regnery, who has reached the maximum service limit in the KMP. Other external factors, outside the influence of the plan design, also impact the values shown in this column. Examples of these factors include changes to mortality tables as well as interest and discount rates. Participants do not earn above-market interest in any year.

(g)The following table summarizes the components of this column for fiscal year 2025:

(1)Represents Company contributions under the Company’s ESP and Supplemental ESP.

(2)The amount for Mr. Regnery represents tax equalization payments related to Irish taxes owed on $372,500, which is the portion of his income that is allocated to his role as a Director of the Company and $9,782 of benefits in kind primarily due to spousal travel to the June 2025 Board meeting. Without these payments, Mr. Regnery would be subject to double taxation on this amount since he is already paying U.S. taxes on this income.

(3)For Mr. Regnery, this amount includes the incremental cost to the Company for personal use of the Company aircraft (whether leased or owned). For security and safety reasons and to ensure maximum availability for Company business, the Board of Directors requires the Chair and CEO to use Company aircraft for both business and personal travel, unless it is determined that commercial travel presents only a minimal security risk. Incremental cost for personal aircraft use is determined based on the nature of the flight (personal or mixed use) and generally includes variable operating expenses such as fuel, maintenance, catering, landing and related costs. Fixed costs that do not vary with usage (e.g., salaries, hangar and insurance) are excluded. For mixed-use flights where the personal portion cannot be separately determined, the Company uses the cost of a comparable first-class commercial ticket as a proxy. Under the Company’s aircraft use policy, the HRCC has determined that business use includes travel related to Company matters or otherwise benefiting the Company, such as travel to meetings of other boards on which the Chair and CEO serves. For 2025, the amount reported for Mr. Regnery includes $35,353 associated with such business-related travel.

(4)The amount includes medical services provided through an on-site physician under the Executive Health Program for all NEOs. For Mr. Regnery the amount also includes the estimated year-over-year increase in the value of the retiree medical plan, calculated based on the methods used for financial statement as he is the only NEO eligible for the subsidized retiree medical plan upon retirement.

(5)These amounts include: (i) product rebates and Company-branded merchandise; (ii) spousal travel in connection with the June 2025 Board meeting, including related meals and entertainment for Mr. Regnery and Dr. Atalla, (iii) a personal flight for Mr. Kuehn on Company-provided aircraft; and (iv) relocation expenses incurred in connection with Mr. Guo’s hire.