Honeywell International : William Blair “What’s Next for Industrials?” Conference Presentation

WILLIAM BLAIR

"WHAT'S NEXT

FOR INDUSTRIALS?" CONFERENCE

Que Dallara, President and CEO Honeywell Connected Enterprise

September 23, 2021

Forward Looking Statements

This presentation contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other

than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this presentation are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, technological, and COVID-19 public health factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, and other developments, including the potential impact of the COVID-19 pandemic, and business decisions may differ from those envisaged by such forward-looking statements. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

William Blair "What's Next for Industrials?" Conference - September 23, 2021

1

HCE WAS FOUNDED TO DRIVE

DIGITAL TRANSFORMATION IN ADVANCED INDUSTRIES

HONEYWELL'S SOFTWARE VISION

CONNECTED ENTERPRISE

We build tools for those who make, so that every day is their best day of performance Reinventing the way industries measure, analyze, and run their complex operations

3,500+	GLOBAL	1,800+	SOFTWARE	150+	DATA SCIENTISTS
	EMPLOYEES		ENGINEERS		AND AI EXPERTS

PROGRESS
TO DATE
(INSTALLED
BASE)	PLANT	BUILDING	AEROSPACE	WORKER	OT CYBER	LIFE SCIENCES	WAREHOUSE
	51k managed	~1M connected	14k connected	78k connected	5k+ projects	42 of the	26k total sites,
	assets	buildings	aircraft	frontline workers	across thousands	top 50 pharma	4.4k large U.S.
				from 1.7k	of sites	companies	customers
CUSTOMER				customers
Over 8,000 customers with 95%+ retention
BASE

William Blair "What's Next for Industrials?" Conference - September 23, 2021

2

OPERATIONAL TECHNOLOGY WAS NEVER

DESIGNED TO WORK TOGETHER…

YOU OPERATE	YOU HAVE	YOUR WORK IS	YOUR PEOPLE
IN SILOS	MULTIPLE SITES;	MOSTLY MANUAL	NEED HELP
	ALL ARE DIFFERENT	AND ON-SITE

• Lack of real time, holistic visibility and decision making
• Benchmarking is difficult

? ?

•	Inconsistent standards in	•	Automation and remote	• To do more with less and
	equipment, data, processes		work are elusive	do it remotely
•	Difficult to measure KPIs	•	Dependency on 100s of	• With training and safety
	(operational and financial)		OEMs for maintenance	• With tools and work orders
•	Difficult to implement change	•	Every service case requires
	or improvement		an expensive truck roll

…which hinders digital transformation in advanced industries

William Blair "What's Next for Industrials?" Conference - September 23, 2021

3

HONEYWELL FORGE ACCELERATES DIGITAL TRANSFORMATION

Operational Technology System of Record

• Enterprise scalable solution
• SaaS applications that help productivity, safety, and sustainability outcomes
• Subscription-basedrecurring revenue model

Supported by Honeywell Forge Cloud:

A Single, Scalable, SaaS Infrastructure for All Our Applications

EXAMPLE:

LARGE RETAIL

CUSTOMER

GOAL:

MAXIMIZE

THROUGHPUT

SOLUTION: HONEYWELL FORGE …FOR WAREHOUSES

SaaS modules

• Asset Health and Monitoring
• Predictive Maintenance
• Asset and Worker Optimization

William Blair "What's Next for Industrials?" Conference - September 23, 2021

4