Investor Overview October 2014

1. Barnes Group
Investor Overview
October 2014

2. -2-
Certain remarks in today’s discussion may contain forward-looking
statements. Forward-looking statements are made based upon
management's good faith expectations and beliefs concerning
future developments and their potential effect upon the Company.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially from
those expressed in the forward-looking statements, including the
risks and uncertainties set forth under our full disclosure located at
the end of this presentation and included in our SEC filings. The
Company assumes no obligation to update our forward-looking
statements.
References to adjusted financial results are non-GAAP measures. You will find a GAAP reconciliation
table at the end of this presentation.
Safe Harbor Statement

3. -3-
• An International Industrial and Aerospace
Manufacturer and Services Provider,
Serving a Wide Range of End Markets and
Customers
• Two Global Business Segments:
Industrial & Aerospace
• Founded in 1857
• Headquartered in Bristol, CT with Global
Operations in Over 60 Locations
• Approximately 4,400 Employees
• NYSE: B (Public Since 1946)
• 80 Consecutive Years of Dividends
Note: 2013 Sales and Adjusted Operating Profit are Based on Continuing Operations. Please see GAAP reconciliation table
at the end of this presentation.
Barnes Group Overview
Aerospace
$0.4B
37%
2013 Sales – $1.1B
Industrial
$0.7B
63%
Industrial
$86M
12.5%
Aerospace
$55M
13.7%
2013 Operating Profit & Margin
$141M, 12.9% (Adjusted)
Highly Engineered Products and Innovative Solutions

4. -4-
Global, Diversified End Markets
Note: % Sales from Continuing Operations for the year ended December 31, 2013
End Markets
Transportation
34%
Industrial
28%
Europe
24%
Asia
20%
Geography
Americas
56%
Sales by End Markets & Geography
Aero OEM
28%
Aero
Aftermarket
10%

5. -5-
Drive Sustainable Profitable Growth
Strategic Themes
• Seek Portfolio Enhancements to Drive
Shareholder Value
• Build On Intellectual Property (IP) as
Core Differentiator
• Choose End-Markets with Long Term
Sustainable, Profitable Growth
• Target Cyclical Moderation –
Multiple Platforms / Market Channels
• Expand Global Footprint / Access
• Enhance Barnes Enterprise System

6. -6-
5%
~13%
High
Teens
Average 2001-2005 2013 Expectation
Holding Company
Approach
Aligned Portfolio
Note: 2001 to 2005 Average Operating Margin adjusted for the impact of accounting changes to be comparable to 2013. 2013 Adjusted Operating Margin from Continuing Operations. See GAAP
reconciliation table at the end of this presentation.
Actions Taken
• Barnes Enterprise System (BES)
• Strategic Rationalization
• Targeted Investments
• Strategic Acquisitions
• Talent Development
Today’s Focus
• Differentiated Products and Processes
• Organic Investment in Growth Platforms
• Strategic Acquisitions
• Leverage Commercial Aerospace
• Extend Global Reach
• BES Next Generation
Executing Our Strategy to Deliver Improved Margin Performance
Driving Operating Margin Improvement

7. What Is BES?
BES is a Fully Integrated Operating System
that:
– Promotes a Culture of Employee Engagement
and Empowerment Reflecting our Strong
Corporate Values
– Ensures Alignment Across the Organization
Around a Common Vision
– Fosters Continuous Improvement and
Innovation in all of our Business Processes
– Achieves Results that Drive Sustainable
Profitable Growth
BES is One of our Greatest Competitive Advantages
-7-

8. -8-
Increased Investment to Support Profitable Growth
$29
$37 $38
$57 ~$60
$36 $37 $34 $34
$40
2010 2011 2012 2013 2014F
CapEx and Depreciation
($ in Millions)
CapEx
Depreciation
.8x 1.0x 1.1x 1.7x 1.5x
CapEx to Depreciation Ratio:
Drive Organic Growth
• 2013 CapEx Increased ~50% to $57M
• About Half Related to Growth Programs
Strategic Portfolio Transformation
• Target Highly Engineered Products & Services
• Expand Global Reach/Channel Penetration
Generate Returns to Shareholders
• Continue to Pay a Competitive Dividend
• Opportunistic Share Repurchase
 Primarily to Offset Dilution of Equity-based
Compensation
Cash Deployment Priorities

9. Portfolio Evolution
Year Sales
Divestitures
Europe 2011 $105
N. America 2013 $300
Acquisitions
2012 $160
2013 $110
($ in millions, ~ annual sales at time of transaction)
M&A Transactions
2010 Sales Mix (1)
Industrial
36%
Aerospace
32%
Distribution
32%
2013 Sales Mix
Industrial
63%
Aerospace
37%
Sales (1) $1,133M
Op. Inc. $ (1) $86.5
Op. Margin (1) 7.6%
Share Price (2) $20.67
Market Cap (2) $1.1B
Sales $1,092M -4%
Adj. Op. Inc. $ $141.0 +63%
Adj. Op. Margin 12.9% +530 bps
Share Price (2) $38.31 +85%
Market Cap (2) $2.1B +86%
Portfolio Transformation Well Underway
-9-
(1) 2010 Sales, Operating Income and Operating Margin are “as reported” in the Company’s 2010 10-K.
2010 Sales Mix re-calculated to reflect three segments – Aerospace, Industrial & Distribution vs the
original two reported segments of Precision Components & Logistics and Manufacturing Services
(2) Share Price and Market Cap as of December 31, 2010 and 2013 respectively.

10. -10-
Industrial Businesses
Manufacturer of Hot Runner
Systems and Components with a
Focus on Providing High Quality
Products and Value Added
Services
Growth Drivers:
• Expand Automotive Offerings
• Increase Premium Consumer
and Electronics Penetration
End Markets:
• Automotive Interior and Exterior
Components
• General Industrial
• Telecom and Electronic
Components
Specializes in the Development
and Manufacture of High-Precision
Molds and Hot Runner Systems
Growth Drivers:
• Capacity Expansion
• Expand Globally
End Markets:
• Medical / Pharmaceutical
• Personal Care
• Packaging
• Electronic Components
Manufacturer of Nitrogen Gas Springs
and Hydraulic Systems for Automotive
Stamping Dies and Demanding Vehicle
and Industrial Applications
Growth Drivers:
• Expand Tool & Die Offerings
• Extend Machine & Vehicle Offerings
End Markets:
• Industrial Equipment for
Transportation, HVAC, Electronics,
Whitegoods and Sheet Metal Stamping

11. -11-
Industrial Businesses (Continued)
Pioneer, Leader & Innovator in
Engineered Spring & Precision Metal
Component Manufacturing
Growth Drivers:
• Advanced Transmission Offerings
• Differentiated Product Growth
End Markets:
• Light Vehicle
• General Industrial
• Household / Whitegoods
• Other Transportation
Progressive Stamping, Micro-
Stamping, Precision Cutting and
Forming from Prototype Building
to Complete Assemblies
Growth Drivers:
• Deliver Automotive GDi
(Gas Direct Injection)
• Develop Adjacent Markets, such
as Medical
End Markets:
• Light Vehicle
• General Industrial
Develops and Produces a
Comprehensive Range of
Retaining Rings, Fasteners, Snap
Rings and Shims
Growth Drivers:
• Expand Globally
• Enhance Product Offerings
End Markets:
• Light Vehicle
• General Industrial

12. -12-
• A Leading Global Manufacturer of Highly-Engineered, High-Quality, Precision
Components for Critical Applications
• Focused on Custom Components and Solutions for a Diverse Customer Base in
Broad End-Markets
• Value Added Engineering: Customers Receive the Benefits of Research, Design,
Manufacturing, Testing and Evaluation
Industrial End Market Highlights
Source: IHS Automotive, Oct 2014
70
80
90
100
Units, in Millions
Global LV Auto Production
40
45
50
55
60
PMI Indices
US ISM PMI Euro Mfg PMI China Mfg PMI
Source: KeyBanc, ISM, Markit, Sept 2014
Key Macroeconomic Indicators
• US Q3’14 PMI was 57.6; 21
Consecutive Quarters >50
• Europe and China PMI >50
• Global Light Vehicle Auto
Production Forecasted up …
• +3% in 2014
• +3% in 2015
• +4% in 2016
• +4% in 2017
Favorable Industrial End-Markets

13. -13-
Aerospace Provides Superior Technology-Based Manufacturing
Solutions and Comprehensive Component Overhaul and Repair
Services to the World’s Major Jet Engine Manufacturers,
Commercial Airlines and the Military
• Provides Highly Engineered
Machined and Fabricated
Components Using Super-alloys
• Concurrent Engineering & NPI
Capabilities Deliver Value
• OEM-Source Approved for
Rolls Royce, SNECMA, GE
and Pratt & Whitney Engines
• FAA/EASA/CAAC Certified
Engine Repair Stations
• Selected Aftermarket
Spare Parts for CFM56
and CF6 Engines
Barnes Aerospace Aftermarket
Maintenance, Repair
& Overhaul
Spare Parts
(Revenue Sharing Programs)
Barnes Aerospace OEM
Aerospace
Note: FAA is the U.S. Federal Aviation Administration, EASA is the European Aviation Safety Agency, and CAAC is the Civil Aviation Administration of China

14. Commercial Aircraft Production Increasing
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2013E 2014E 2015E 2016E 2017E
Wide-body Narrow-body
Aircraft Deliveries (Units)
• Strong Commercial Aircraft Deliveries Forecasted
Over Next Several Years
• Airbus & Boeing Backlog at Levels Equivalent to
~7 Years of Current Production
Sources: Boeing & Airbus Data, RBC Est., as of July 2014
Aerospace OEM End Market Highlights
-14-

15. Barnes Aftermarket RSPs and CRPs
2.43 2.45 2.49
2.57
2.77
2.8919.6
21.0
22.3
23.4 24.2 24.5
0
5
10
15
20
25
1.0
1.5
2.0
2.5
3.0
2013 2014 2015 2016 2017 2018
FleetSize(000s)
EstimatedShopVisits(000s)
CFM56 Family of Engines
Shop Visits Fleet Size
0.96
0.90
0.83 0.85
0.82
0.78
3.8 3.7
3.5
3.3
3.0 2.9
0
1
2
3
4
0.4
0.6
0.8
1.0
2013 2014 2015 2016 2017 2018
FleetSize(000s)
EstimatedShopVisits(000s)
CF6 Family of Engines
Shop Visits Fleet Size
Revenue Sharing Programs (RSPs)
 Exclusive Rights to Supply Certain Aftermarket Spare Parts to
General Electric (GE)
 Covers Life of CFM56 & CF6 Engines Programs
 13 Agreements, Entered Between 2003 - 2007
 Investment of $294M, Amortized as a Reduction of Sales
 Quarterly Net Sales Can Vary Due to Inventory Management, Mix of
Engines, Scope of Engine Repair, and Surplus Material for these High
Margin Programs
Component Repair Programs (CRPs)
 Provides Licensing Rights from GE for Repair Services of Certain
Critical Components which Improve Overall Engine Efficiency
 Covers Life of CFM56 & CF6 Engine Programs
 Allows Access to Serve Global Market as OEM Certified Repair Service
 2 Agreements, Entered Between 2013 - 2014
 Investment of $107M, Amortized as a Reduction of Sales
 Expands Margin Profile of Aftermarket MRO Business
Sources: Shop Visit Forecast- ICF Aug’13 for 2013; ICF May’14
for 2014-2018; Fleet Size-Aviation Week CAMRO 2013
Programs Allow Barnes Aerospace to Participate
in OEM Certified Aftermarket Business
-15-

16. -16-
(1) Our 2014 full-year guidance is only as of our October 24, 2014 earnings call, and it is not being updated or affirmed at this time.
(2) References to adjusted operating margin and adjusted EPS for 2012, 2013 and 2014 are non-GAAP measures. For a reconciliation to the appropriate GAAP measure, see the Appendix of
this presentation.
(3) The Company defines free cash flow as net cash provided by operating activities less capital expenditures. Cash Conversion is equal to Net Cash Provided by Operating Activities less
Capital Expenditures divided by Net Income (2011 excludes the loss on sale of Barnes Distribution Europe; 2013 excludes the income taxes paid and gain on sale of the BDNA
disposition, and the impact of the U.S. Tax Court's unfavorable decision rendered on April 16, 2013.)
(4) All previously reported financial information, except for Free Cash Flow, has been adjusted on a retrospective basis to reflect discontinued operations.
$742
$865 $929
$1,092
15%
to 16%
Growth
2010 2011 2012 2013 2014F
Net Sales
(Continuing Operations,
$ in Millions)
$0.85
$1.34 $1.52
$1.83
$2.30
to
$2.35
2010 2011 2012 2013 2014F
Adjusted EPS (2)
(Continuing Operations)
10.3% 11.7%
12.2% 12.9%
~15.5%
2010 2011 2012 2013 2014F
Adj. Operating Margins (2)
(Continuing Operations)
$37
$84
$99
$83
$115
to
$120
2010 2011 2012 2013 2014F
Free Cash Flow (3)
($ in Millions)
69% 92% 104% 110%
Cash Conversion:
~100%
+26% to 28%
Financial Performance Trends (1,4)

17. -17-
 Global Industrial Products and Services; Expanding Auto Production
 Commercial Aerospace; Strong OEM, Aftermarket Recovery Anticipated
 Demonstrated Margin Expansion; Further Expansion Planned
 Benefiting from Barnes Enterprise System
 Strong Cash Generator; Solid Balance Sheet
 Expanding Differentiated Systems, Products and Processes
 Disciplined Acquisitions and Strategic Investments
 Focused on Long Term Profitable Growth
Well Positioned Businesses
Improved Financial Performance
Strategy Execution Delivering Results
Why Invest In Barnes Group?

19. -19-
Shaft Nuts & Gears
Engine
Cases
Retainer
Rings
Rotating Air Ducts
HP and LP Shrouds,
Hangers and Segments,
Machined & Fabricated
Turbine Exhaust
Cases, Cones,
Cylinders and
Fairings
Combustor Components
Rotating Air/Oil Seals,
Vane Rings, Lever Arms
Stub
Shafts
Struts
ManifoldsBearing
Housings
Tube and
Duct Assemblies
Vane Actuation
Rings, Lever Arms
Barnes Aerospace Components

20. -20-
Out Of
Production
JT-9D
JT-8D
PW2000
CF6-6
CF6-50
Trent 500
Trent 800
Development:
Leap A,B,C
Passport
PW1000 GTF
GE9X
DEV. EARLY
PROD.
PRODUCT
MATURITY
SPARES
PRODUCTION
VOLUME
TIME
COST
OUT OF
PRODUCTION
SPARES
NEW EMERGING &
EARLY LIFE CYCLE
PROGRAMS
Mature:
CFM56
CF6-80
CF34-3/8
CF34-10E
AE3007
V2500
PW4000
Trent700
GE90-115B
Early Production:
GENX-1B
GENX-2B
Trent 1000
GP7200
Trent 900
Trent XWB
Participation Throughout The Product Life Cycle
Commercial Aircraft Engine Product Life Cycle

21. Appendix: Non-GAAP Financial Measure Reconciliation
($ in Millions, except per share data)
-21-
2013 2012 (1)
% Change
SEGMENT RESULTS
Operating Profit - Industrial Segment (GAAP) 71,888$ 49,253$ 46.0
Synventive short-term purchase accounting adjustments - 4,987
Synventive acquisition transaction costs - 912
Männer short-term purchase accounting adjustments 5,456 -
Männer acquisition transaction costs 1,823 -
CEO transition costs 6,589 -
Operating Profit - Industrial Segment as adjusted (Non-GAAP) (2)
85,756$ 55,152$ 55.5
Operating Margin - Industrial Segment (GAAP) 10.5% 9.1% 140 bps.
Operating Margin - Industrial Segment as adjusted (Non-GAAP) (2)
12.5% 10.2% 230 bps.
Operating Profit - Aerospace Segment (GAAP) 51,313$ 57,878$ (11.3)
CEO transition costs 3,903 -
Operating Profit - Aerospace Segment as adjusted (Non-GAAP) (2)
55,216$ 57,878$ (4.6)
Operating Margin - Aerospace Segment (GAAP) 12.7% 14.8% (210) bps.
Operating Margin - Aerospace Segment as adjusted (Non-GAAP) (2)
13.7% 14.8% (110) bps.
CONSOLIDATED RESULTS
Operating Income (GAAP) 123,201$ 107,131$ 15.0
Synventive short-term purchase accounting adjustments - 4,987
Synventive acquisition transaction costs - 912
Männer short-term purchase accounting adjustments 5,456 -
Männer acquisition transaction costs 1,823 -
CEO transition costs 10,492 -
Operating Income as adjusted (Non-GAAP) (2)
140,972$ 113,030$ 24.7
Operating Margin (GAAP) 11.3% 11.5% (20) bps.
Operating Margin as adjusted (Non-GAAP) (2)
12.9% 12.2% 70 bps.
Diluted Income from Continuing Operations per Share (GAAP) 1.31$ 1.44$ (9.0)
Synventive short-term purchase accounting adjustments - 0.07
Synventive acquisition transaction costs - 0.01
Männer short-term purchase accounting adjustments 0.07 -
Männer acquisition transaction costs 0.03 -
CEO transition costs 0.12 -
April 2013 tax court decision 0.30 -
Diluted Income from Continuing Operations per Share as adjusted (Non-GAAP) (2)
1.83$ 1.52$ 20.4
Diluted Income from Continuing Operations per Share (GAAP) 2.10$ to 2.15$
Männer short-term purchase accounting adjustments 0.13
Restructuring Charges 0.07
Diluted Income from Continuing Operations per Share as adjusted (Non-GAAP) (2)
2.30$ to 2.35$
Full-Year 2014 Outlook
Twelve months ended December 31,
Notes:
(1) Results for 2012 have been adjusted on a retrospective basis to reflect
the impact of the BDNA discontinued operations, including a reallocation
of corporate overhead expenses, and the segment realignment.
(2) The Company has excluded the following from its "as adjusted"
financial measurements: 1) short-term purchase accounting adjustments
and transaction costs related to its Synventive acquisition in 2012, 2) CEO
transition costs associated with the modification of outstanding equity
awards in 2013, 3) the tax charge associated with the April 2013 tax court
decision in 2013, 4) short-term purchase accounting adjustments and
transaction costs related to its Männer acquisition in 2013 and 2014 and 5)
costs related to the close of production operations at Associated Spring’s
Saline, Michigan facility in 2014.
Management believes that these adjustments provide the Company and
its investors with an indication of our baseline performance excluding
items that are not considered to be reflective of our ongoing results.
Management does not intend results excluding the adjustments to
represent results as defined by GAAP, and the reader should not consider
it as an alternative measurement calculated in accordance with GAAP, or
as an indicator of the Company's performance. Accordingly, the
measurements have limitations depending on their use.
As Barnes Group does not predict special items that may occur in the
future, and because our outlook is developed at a level of detail different
than that used to prepare GAAP-based financial measures, we do not
provide reconciliations to GAAP of our forward-looking financial measures.

22. -22-
Safe Harbor Statement
This presentation contains forward-looking statements as defined in the Private Securities Litigation Reform Act of
1995. Forward-looking statements often address our expected future operating and financial performance and financial
condition, and often contain words such as "anticipate," "believe," "expect," "plan," "strategy," "estimate," "project,"
and similar terms. These forward-looking statements do not constitute guarantees of future performance and are
subject to a variety of risks and uncertainties that may cause actual results to differ materially from those expressed in
the forward-looking statements. These include, among others: difficulty maintaining relationships with employees,
including unionized employees, customers, distributors, suppliers, business partners or governmental entities; failure to
successfully negotiate collective bargaining agreements or potential strikes, work stoppages or other similar events;
difficulties leveraging market opportunities; changes in market demand for our products and services; rapid
technological and market change; the ability to protect intellectual property rights; introduction or development of new
products or transfer of work; higher risks in international operations and markets; the impact of intense competition;
and other risks and uncertainties described in documents filed with or furnished to the Securities and Exchange
Commission ("SEC") by the Company, including, among others, those in the Management's Discussion and Analysis of
Financial Condition and Results of Operations and Risk Factors sections of the Company's filings. The risks and
uncertainties described in our periodic filings with the SEC include, among others, uncertainties relating to conditions in
financial markets; currency fluctuations and foreign currency exposure; future financial performance of the industries
or customers that we serve; our dependence upon revenues and earnings from a small number of significant
customers; a major loss of customers; inability to realize expected sales or profits from existing backlog due to a range
of factors, including insourcing decisions, material changes, production schedules and volumes of specific programs; the
impact of government budget and funding decisions; changes in raw material or product prices and availability;
integration of acquired businesses including the Männer business; restructuring costs or savings including those related
to the closure of production operations at the Company’s facility in Saline, Michigan; the continuing impact of strategic
actions, including acquisitions, divestitures, restructurings, or strategic business realignments, and our ability to achieve
the financial and operational targets set in connection with any such actions; the outcome of pending and future legal,
governmental, or regulatory proceedings and contingencies and uninsured claims; future repurchases of common
stock; future levels of indebtedness; and numerous other matters of a global, regional or national scale, including those
of a political, economic, business, competitive, environmental, regulatory and public health nature. The Company
assumes no obligation to update our forward-looking statements.