Illinois Tool Works Inc. announced that on February 11, 2021, Mr. Kevin M. Warren, one of the members of the board of directors notified the Company that he will not stand for reelection at the Company’s 2021 annual meeting of stockholders due to other professional commitments. Mr. Warren will continue to serve as a director until the 2021 annual meeting, and his decision is not the result of any disagreement with the Company or any matter relating to the Company’s operations, policies or practices.