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COVID-19: How Kennametal is responding

Kennametal Inc. announced today that two of its inventors were honored with the Advanced Manufacturing Award at the 13th Annual Carnegie Science Center Awards. This is the eighth time that Kennametal has been recognized for excellence in the areas of advanced manufacturing, materials and corporate innovation.

Inventors, Karen Craig and Dr. Dirk Kammermeier, were honored for their development of a hybrid tool that performs both milling and grinding operations. Innovation is the cornerstone of Kennametal's success and this honor exemplifies the great talent the company has committed to innovation and customer excellence.

"We are thrilled to receive this honor for an eighth time," commented John Tucker, Kennametal Vice President and Chief Technical Officer. "Kennametal was founded on innovation and perseverance, and to this day innovation is still one of our core values. We strive to think outside of established boundaries to develop industry-leading technology for our customers and we are honored to receive this recognition in support of our innovative culture."

In addition to this year's recognition, Kennametal received the Scientist Award in 1997, Honorable Mentions in Advanced Manufacturing and Materials in 2003 and 2004, the Advanced Manufacturing and Materials Award in 2004 and 2007, Honorable Mention in Corporate Innovation in 2006 and the Corporate Innovation Award in 2007.

The Carnegie Science Center Awards recognize outstanding science and technology achievements. Over the years, they have honored the accomplishments of more than 200 individuals and organizations that have improved lives through their commitment, contributions and leadership.

Kennametal Inc. is a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. The company improves customers' competitiveness by providing superior economic returns through the delivery of application knowledge and advanced technology to master the toughest of materials application demands. Companies producing everything from airframes to coal, from medical implants to oil wells and from turbochargers to motorcycle parts recognize Kennametal for extraordinary contributions to their value chains. As of the prior fiscal year end, customers bought approximately $2.7 billion annually of Kennametal products and services -- delivered by our 14,000 talented employees in over 60 countries -- with 50 percent of these revenues coming from outside North America. Visit us at www.kennametal.com. [KMT-G]

First Call Analyst:
FCMN Contact: Christina.reitano@kennametal.com

SOURCE: Kennametal Inc.

CONTACT: Media Relations, Joy Chandler, +1-724-539-4618, or Investor
Relations, Quynh McGuire, +1-724-539-6559, both of Kennametal Inc.