1. Corporate Presentation Career Opportunities in Corporate Finance Jim Peters- Director, Finance, Whirlpool Corporation January 24, 2006

2. Corporate Presentation WHIRLPOOL HAS EVOLVED THROUGH FIVE ERAS DURING ITS 94 YEAR HISTORY Single Product, Single Customer, No Brand Multi-Product and Whirlpool Brand Multi-Brand, International Expansion Brand Focused Value Creation Globalization 1911-19481948-19801980’s1990’s2000+ Building Brand/ Customer Loyalty Platform Trade Management and Distribution Platform Global Operating Platform Best Brand / Consumer Position Best Trade Position Best Cost Position

3. Corporate Presentation SEVERAL FORCES WILL SHAPE THE INDUSTRY ENVIRONMENT OVER THE NEXT 5-10 YEARS Continued value chain pressure Trade and supplier consolidation New competitive dynamic Global consolidation, new players entering NAR and Europe Emergence of new economic powers China, India 1 2 3 Industry is growing 3 – 4 % annual growth Industry pricing power increasing Global price increases holding – offsetting 10 year downward trend 6 5 Innovation continuing to drive growth Pace and intensity of innovation accelerating 4

4. Corporate Presentation CONSOLIDATION EXPECTED TO IMPACT MAJORITY OF REGIONAL PLAYERS Many of These Players Will be Acquired in next 5-10 years Global Players NAR PlayersEuropean PlayersLAR PlayersAsian Players

5. Corporate Presentation Vision Every Home, Everywhere with Pride, Passion and Performance Total Global Demand for Major Home Appliances –$13 billion in sales $8.3 billion in the US with 13 plants and 28,000 employees $3.1 billion in Europe with 11 plants and 14,000 employees $1.7 billion in Latin America with 7 plants and 21,000 employees $383 million in Asia with 5 plants and 5,000 employees

6. Corporate Presentation Character and Enduring Values Diversity with Inclusion We value diverse people, thoughts and ideas. Differences enable us to create value. Inclusion allows everyone to contribute to her or his fullest potential. Integrity We conduct all aspects of our business in an honorable way, recognizing there is no right way to do a wrong thing. Respect We do our best work when we trust one another as individuals, encourage diversity in our workplace, value the capabilities and contributions of each person and recognize that work is but one part of a full and rewarding life. Teamwork Pride results in our working together to unleash the potential of every person. By working together we will achieve exceptional results. Spirit of Winning We are a world class competitor in every business and marketplace in which we participate.

7. Corporate Presentation Opportunities in Global Finance Career Opportunities in Global Finance

8. Corporate Presentation Investor Relations BPM Planning & Development Corporate Controller TreasuryTax GISNARLARCTOEuropeAsia CFO Global Finance

9. Corporate Presentation Career Paths

10. Corporate Presentation Program overview: Target a select few talents from select programs (Undergraduates, Masters of Accounting, and MBAs) Intense early development of talent Broad experience base through multiple assignments in various business units during early career stage Finance professionals tested with dynamic challenges…in a Global dynamic industry Finance Leadership Development Program

11. Corporate Presentation Development - A Shared Responsibility Mentoring –Each participant will be assigned a mentor Learning sessions led by Whirlpool Leaders –Topics of sessions will cover US GAAP, Financial Modeling, and Business Case Analysis workshops, and other leader lead sessions Opportunities to develop core competencies: –Customer Excellence, Innovation and cc:OPEX –Classes will be held with participants of other functional Leadership Development Programs to add additional networking opportunities Whirlpool actively encourages employees to pursue ongoing education and certification (e.g. CFA, CPA, CMA, M.B.A.) Opportunities to contribute to cross functional teams including Loyalty projects Active Participation in Leadership Development Series which could include: –Engaging Manager, Diversity with Inclusion Seminars, Participation in employee networks, E-Learning Curriculum ( e.g., effective listening, project management, etc.)

12. Corporate Presentation Undergraduate Profile Internships: Concentration in Accounting, Finance or Economics Strong analytical, interpersonal and leadership skills Customer focused capabilities/mindset Willing to Relocate –Assignments will be based in the Benton Harbor/ St. Joseph Michigan area Full-Time Positions: Concentration in Accounting, Finance or Economics Internship experience Strong analytical, interpersonal and leadership skills Customer focused capabilities/mindset Willing to Relocate –Most assignments will be based in the Benton Harbor/ St. Joseph Michigan area Opportunities: CTO Corporate Finance (Controller’s Office, Tax) North America Region (Corporate and Manufacturing)

13. Corporate Presentation Vision Passionately creates a vision…communicates that vision persuasively, and aligns an organization around attainment of that vision. Helps organizations see beyond what is known today…and in the process accomplishes more than they ever thought possible Strategy Creates strategies that align and move the organization toward the accomplishment of the vision Management Skills Demonstrates effective management skills in order to drive results through others. Effectively sets priorities, establishes individual and team expectations, facilitates productive meetings, provides candid feedback, develops people, delegates, and drives accountability Attracting & Developing Talent Attracts, develops and retains top leadership and core competency talent throughout the company. Surrounds her/himself with outstanding talent. Focuses on his/her own developmental needs Communications Communicates clearly and with candor with all constituents. Practices active-listening and 2-way communications in order to enable alignment. Creates an environment that encourages and expects dialogue and debate Customer Champion Puts the customer at the center of every process and activity valued by the customer. Drives growth through relationship-management, innovation, and the effective and efficient use of resources AttributesPracticesPerformance Character & Enduring Values Practices and remains committed to Whirlpool’s set of enduring values and beliefs: Integrity, Respect, Teamwork and Diversity. Demonstrates high integrity and develops organizations with unquestioned levels of integrity--never compromises because of the pressures of the day. Inspires and earns trust and respect from those they lead. Displays behaviors that clearly show respect for others and with all their diversity. Puts the company’s needs first and practices teamwork across all boundaries Diversity & Inclusion Creates an engaging environment that leverages everyone’s thoughts, beliefs, ideas, and opinions to achieve optimal results for the Customer and the Company Confidence Demonstrates self-confidence and decisiveness that is sharply distinguished from arrogance or egotism. Develops confidence in people and entire organizations that leads to responsible risk-taking and abilities to win Thought Leadership Consistently challenges and improves thinking and decision-making processes and outcomes. Consistently offers out-of-the-box innovative thinking and sophisticated judgments that lead to results Driver of Change/ Transformation Anticipates the future of the business/work and creatively mobilizes resources to shape the transformation. Spends appropriate energy and resources working with the organization to drive and create transformation at all levels Extraordinary Results Consistently guides and leads the organization to extraordinary results against all dimensions of our vision, strategies and balanced scorecard goals Leadership Model

14. Corporate Presentation Passion for Loyal Customers The Execution Zone ccOpex Creates Resources for Innovation  Innovation Builds Brands  Strong Brands Create Loyalty  Loyalty Produces Growth Organizational Transformation Organizational Transformation Strategic Projects Strategic Projects Operational Capabilities Operational Capabilities Operating Plans Operating Plans In The Zone

15. Corporate Presentation Questions? On-campus Internship Interviews : February 9, 2006 Deadline to Submit Resumes online: Tomorrow- Wednesday, January 25