Honeywell Automation India Limited · NSE:HONAUT
Honeywell Automation India — Honeywell — Shareholder Meeting (April 2026)
18 slides from Honeywell Automation India's shareholder meeting presentation, April 2026
Slide 1: 2026 Annual Meeting Shareowner Engagement
2026 ANNUAL MEETING Shareowner Engagement April / May 2026
Slide 2: Agenda and Forward Looking Statements
AGENDA PORTFOLIO TRANSFORMATION | p. 2 2026 ANNUAL MEETING: VOTING MATTERS | p. 5 APPENDIX | p. 15 F ORWARD LOOKING STATEM ENTS We d es crib e m a n y of th e tren d s a n d oth er fa ctors th a t d rive ou r b u s in es s a n d fu tu re res u lts in th is p res en ta tion . Su ch d is cu s s ion s
Slide 3: Updates on Our Portfolio Transformation
UPDATES ON OUR PORTFOLIO TRANSFORMATION 2026 Annual Meeting – Shareowner Engagement 2
Slide 4: Forming Three Independent Public Companies
F ORM ING TH REE INDEP ENDENT P UBLIC COM P ANIES Announced Spin of Advanced Materials Spin Date of Solstice Oct 2024 Advanced Materials Expectation for completion at Completed: time of announcement: October 30, 2025 end of 2025 or early 2026 2024 2025 2026 Announced Spin of Honeywell Aerospace Spin
Slide 5: Portfolio Transformation
P ORTF OLIO TRANSF ORM ATION 2023 2024 2025 - 2026+ • Strategic alignment • In itia tion of • Continued strategy execution and preparation to create three around three megatrends com p re h e n s ive in te rn a l independent public companies Strategy and b u s in e ss a n d • Business re - • $840M Q
Slide 6: 2026 Annual Meeting of Shareowners Voting Matters
2026 ANNUAL MEETING OF SHAREOWNERS VOTING MATTERS 2026 Annual Meeting – Shareowner Engagement 5
Slide 7: 2026 Voting Matters
2 0 2 6 VOTING M ATTERS Proposals Recommended Vote No. 1 Election of Directors FOR each nominee No. 2 Advisory Vote to Approve Executive Compensation FOR No. 3 Approval of Independent Accountants FOR No. 4 Reverse Stock Split Proposal FOR Shareowner Proposal – No. 5 AGAINST Shareholder Right to Act
Slide 8: Election of Directors
Proposal 1 ELECTION OF DIRECTORS Vimal Kapur Duncan B. Angove Craig Arnold 1 William S. Ayer 1 D. Scott Davis 1 Deborah Flint 1 Chairman & CEO CEO, Former Chairman and CEO, Outgoing Lead Director CGRC Chair President and CEO, Honeywell International Blue Yonder Eaton Corporation Retired Chairman and
Slide 9: An Independent and Experienced Board
AN INDEPENDENT AND EXPERIENCED BOARD 11 of 12 3 of 12 5 of 12 directors are directors are directors are independent women ethnically or racially diverse 1 of 3 9 of 12 5.5 committees directors years is have average chaired by a CEO tenure woman experience Megatrends: 1 – Future of Aviation; 2 – Auto
Slide 10: Advisory Vote to Approve Executive Compensation
Proposal 2 ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION 2025 TARGET COMPENSATION MIX VARIABLE VS. FIXED* • Ba s ed on s cop e of res p on s ib ility, yea rs of exp erien ce, a n d in d ivid u a l p erform a n ce 9% 18% Base Salary Attracts and compensates high - performing and experienced leade
Slide 11: Key Metrics Underpinning Our Program
KEY METRICS UNDERPINNING OUR PROGRAM ANNUAL ICP PRE - ESTABLISHED LTI PERFORMANCE PLAN FLEXIBILITY AMIDST FINANCIAL METRICS AWARD METRICS TRANSFORMATION Honeywell Sales (20%) • 3-Year Cumulative Revenue (25%) • For 2 0 2 6 LTI a wa rd s , th e In cen tivize orga n ic growth a n d a ch ievin g Me
Slide 12: Payouts Aligned with Performance
PAYOUTS ALIGNED WITH PERFORMANCE 2023 - 2025 PSU Calculation CEO and Chairman, 2023 - 25 PSU Payouts Actual Plan Payout Weighted (# of shares) Metric Threshold Target Maximum Performance Factor Weight Payout % 30,000 Cumulative Revenue 25,000 - 41% ($M) $106,158 $114,148 $118,143 $113,414 95.4% 25%
Slide 13: Approval of Independent Accountants
Proposal 3 APPROVAL OF INDEPENDENT ACCOUNTANTS • The Audit Committee recommends approval of its appointment of Deloitte & Touche LLP (Deloitte) as independent accountants for Honeywell for 2026 • The Audit Committee, and Honeywell’s Board, believe that the continued retention of Deloitte is in the b
Slide 14: Reverse Stock Split Proposal
Proposal 4 REVERSE STOCK SPLIT PROPOSAL • Shares combined at a 1- for - 2 split ratio DESCRIPTION • Implemented at discretion of Board at any time prior to the one - year anniversary of the Annual OF THE Meeting REVERSE SPLIT • Fractional shares not issued —cash paid instead • Trading price of Honey
Slide 15: Shareowner Proposal: Right to Act by Written Consent
Proposal 5 SHAREOWNER PROPOSAL Shareholder Right to Act by Written Consent PROPOSAL: Requests the board of directors take the necessary steps to permit written consent by the shareowners entitled to cast the minimum number of votes that would be necessary to authorize an action at a shareowner meeti
Slide 16: Appendix
APPENDIX 2026 Annual Meeting – Sh a reown er En g a g em en t 15
Slide 17: Honeywell RemainCo Segment Realignment
H ONEYWELL REM AINCO SEGM ENT REALIGNM ENT • Streamlined into four reporting segments including a simplified structure for RemainCo businesses beginning first quarter 2026: Aerospace Technologies, Building Automation, Process Automation & Technology, and Industrial Automation • Post-Honeywell Aerosp
Slide 18: 2025 Annual Meeting – Shareowner Engagement
2025 Annual Meeting – Shareowner Engagement