TODAY’S HONEYWELL

JULY 2019
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, and technological factors affecting our
operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results,
developments 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.

Honeywell Confidential - ©2019 by Honeywell International Inc. All rights reserved. 2

 HONEYWELL OVERVIEW
NYSE: HON | ~970 sites | ~110,000 employees | Morris Plains, N.J. headquarters* | Fortune 100

Performance Materials Safety and Productivity

Aerospace Building Technologies
and Technologies Solutions

Our products are used on virtually every Our products, software, and technologies We develop advanced materials, process We improve enterprise performance and
commercial and defense aircraft platform are in more than 10 million buildings technologies, automation solutions, and worker safety and productivity with
worldwide and include aircraft propulsion, worldwide, helping customers ensure industrial software that are revolutionizing automated material handling and voice
cockpit systems, satellite communications, their facilities are safe, energy efficient, industries around the world. scanning and mobile computing technology,
and auxiliary power systems. sustainable, and productive. software, solutions, and personal protective
equipment and sensing technology.

Honeywell Connected Enterprise

Honeywell Connected Enterprise (HCE) was established in 2018 to accelerate software development and IIoT solutions. We focus on software development, from the gateway
to end-user applications, bringing scale and capability across all of Honeywell. These new offerings are then commercialized through Honeywell’s businesses.

* HQ becomes Charlotte, N.C. as of August 1, 2019

Aligned to Key Global Macro Trends

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HONEYWELL AT A GLANCE OTHER

MIDDLE EAST 9%
INDIA - 2% 5%

$10.7B $12.9B CHINA 8% SALES

Performance Materials Aerospace 46%
and Technologies BY UNITED
STATES
REGION1
ADVANCED
MATERIALS $2.8 $2.8 COMMERCIAL OE 23%
EUROPE

7%
PROCESS
SOLUTIONS $5.0 $5.4 COMMERCIAL
AFTERMARKET
OTHER
AMERICAS

UOP $2.8
~$35B DEFENSE & SPACE
AFTERMARKET
DEFENSE
~40%
Long
2018 SALES1 & SPACE OE
Cycle
$4.7 DEFENSE &
SPACE
COMM'L AERO
COMM'L

~60%
AFTERMARKET
BUILDING
$2.1
AERO OE
PRODUCTS
BUILDING Short
$2.4 $2.3
BUILDING
SAFETY
Cycle
SOLUTIONS
SOLUTIONS BUILDING
DIVERSIFIED
$4.1
PRODUCTS
BUILDING PRODUCTIVITY WAREHOUSE
MANAGEMENT PORTFOLIO2 AUTOMATION
PRODUCTIVITY
SYSTEMS - $0.8B PRODUCTS
UOP

$5.4B $6.3B SAFETY

Honeywell Building Safety and Productivity SIOT

ADVANCED
PROCESS
PROCESS
Technologies Solutions MATERIALS SOLUTIONS
SOLUTIONS

1 Represents 2018 sales excluding Garrett (the former Transportation Systems business) and Resideo (the former Homes and ADI global distribution business);
Differences between segment sales figures and the sum of sales figures for the businesses within each segment are due to rounding
2 Represents 2019E sales
Honeywell Confidential - ©2019 by Honeywell International Inc. All rights reserved. 4
ADDRESSING WORLD’S TOUGHEST CHALLENGES
• Developing and manufacturing technologies that drive
energy efficiency, improve worker safety and productivity,
and build global urbanization
• Performance Materials and Technologies’ Solstice® low- Intuvue™ 3D Weather
Hazard & Avoidance System Spectra® Fiber
global-warming products helping replace harmful
hydrofluorocarbons (HFCs)
‒ HFO-1234yf safely cooling more than 70M cars
worldwide; expected to grow to more than 90M cars
by end of 2019
• Aerospace’s Enhanced Ground Proximity Warning
Energy Performance Low-Global-Warming
System reduced controlled flight into terrain (CFIT) Refrigerants
Contracts, Green Buildings
accidents from ~1 in every 3 million flights to less than 1
in every 20 million Industrial Process Efficiency

• Personal and industrial safety equipment serve more than

500 million people around the world daily

Our Products Are Making the World Safer, Cleaner, and More Sustainable
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TOTAL SHAREHOLDER RETURN
Cumulative Total shareowner return (TSR) 606%

Multi-Industry Peer Median

XLI • Best TSR performance amongst

S&P 500 our core EE/multi-industry
Honeywell 116% peers in 2018, even while
executing two complex spins
321%
291%

69%
• Outperforming the Industrials
66%
196%
(XLI) and market (S&P 500)
54%
45%
50% benchmarks in all periods
33%
27%
21%
• Consistent execution while
6% 8% investing for the future

-7%
1-Year 3-Year 5-Year 10-Year

Multi-Industry peer median includes EMR, GE, ITW, MMM, UTX

Total shareowner return (TSR) as of June 19, 2019
Source: S&P Capital IQ

Outstanding Return Demonstrated Over Short, Medium, and Long Term

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AEROSPACE

More fuel-efficient aircraft.

More direct and on-time
flights. Safer skies and
airports. We're found on
virtually every commercial,
defense and space aircraft.

Business Portfolio: Technologies:

• Electronic Solutions • Air and Thermal Management
• Engines and Power Systems • Connectivity Systems and Connected Aircraft Services
• Federal Solutions Management and Operation
• Mechanical Systems and Components
• Hybrid Electric Systems
• Connected Aerospace • Integrated Avionics Offerings and Flight Management Systems
• Manned/Unmanned and Satellite Applications/Space
Headquarters: • Mechanical Components
Phoenix, Arizona • Navigation, Safety, and Surveillance Solutions
• Propulsion and Power Systems
$12.9B • Runway and Flight Safety Technology
2018 Sales • Wheels and Braking Systems
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BUILDING TECHNOLOGIES
More than 100 years ago, we
defined energy efficiency by
making indoor comfort
automatic. Today, we redefine
it in 10 million buildings using
our technology.

Business Portfolio: Technologies:

• Building Management Systems • Building Comfort and Control Systems
• Global Fire • Fire Alarm Systems and Detection
• Global Security
• Global Electronic Products • Smart City Command and Control Solutions
• Building Solutions • Video Management and Security
• Greater China / APAC (Regional operation) • Air and Water Purification
• Latin America (Regional operation) • Access and Intrusion Control
Headquarters:
Atlanta, Georgia

$5.4B
2018 Sales
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PERFORMANCE MATERIALS AND TECHNOLOGIES
We pioneered automation
control. So we understand
complex industrial facilities,
and how to create high-quality
and high-performance
chemicals and materials.

Business Portfolio: Technologies:

• Advanced Materials • Advanced Fibers and Composites
• Honeywell Process Solutions • Chemicals and Electronic Materials
• Honeywell UOP • Connected Plant and Software
• Industrial Automation Controls
Headquarters:
• Low-Global-Warming Potential Refrigerants
Morris Plains, New Jersey
• Oil and Gas Process Technology, Equipment,
Catalysts, and Services
• Smart Energy
$10.7B • Specialty Films and Additives
2018 Sales
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SAFETY AND PRODUCTIVITY SOLUTIONS
We make supply chains faster
and more efficient, and workers
more productive and safer, with
automated material handling,
mobility computing, software,
voice and sensing and safety
solutions.

Business Portfolio: Technologies:

• Honeywell Intelligrated • Automation and Material Handling Solutions
• Honeywell Industrial Safety • Voice-Directed Worker Productivity Solutions
• Sensing and Internet of Things • Personal Protective Equipment for Industrial / Firefighting
• Productivity Products Applications
• Retail • Gas Detection Technology and Custom-Engineered
Sensors, Switches, and Controls
Headquarters: • Printing, Scanning, and Mobile Devices for Data Collection
Fort Mill, South Carolina • Workflow Software and Mobile Cloud Technology
$6.3B • Footwear for Work, Play, and Outdoor Activities
2018 Sales
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HONEYWELL CONNECTED ENTERPRISE
HCE is the leading industrial
disruptor, building and connecting
software solutions to streamline and
centralize the assets, people, and
processes that help our customers
make smarter, more accurate
business decisions.

Honeywell Forge: Technologies:

• A new category of software called Enterprise • Real-time, analytics-based optimization recommendations
Performance Management for Operations Technology • Predictive maintenance capabilities for aircraft, buildings, and
that improves the way companies collect, analyze, industrial facilities
and act on data from their operations. • Connectivity as a service: making it easy to collect and clean
• Honeywell Forge solves comprehensive customer data from IoT devices with faster install time
problems: asset reliability, process optimization, • Domain-driven digital twins for assets, process and people
people productivity, and safety. • Open architecture to help customers get more from their
Headquarters: existing investments
Atlanta, Georgia
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 HONEYWELL CONNECTED ENTERPRISE
Our Strategy Our Strengths
• Unified software approach in high-growth • Dedicated organization to develop
and high-value markets Honeywell Forge and expand software
26%
capabilities to address customer problems
PMT
• Deliver clear value only in the industries 2%

where we participate and possess large • Focused on industries where we have SPS

installed bases deep internal expertise, large installed $1.5B

base, and established long-term 2018 HCE-Driven
17%
• Leverage Honeywell Forge (our common relationships Sales

HBT
IT stack) while developing customer- 55%

centric offerings by vertical • Leveraging leading positions in connected AERO

aircraft, building, plant, worker, and

Sample Customers
• Utilize data from physical products to distribution center
deliver valuable software solutions
• Expertise with data collection and
• Generate additional recurring sales though processing; IIoT is a natural extension of
customer adoption (build-with, sell-with what we do today
approach)

The Future Is Now for Honeywell Connected Enterprise

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HOS GOLD
Growth Innovation

• Common set of tools / metrics to drive • ~9K employees developing software;

and manage sales world-class technologists driving
• Value proposition development rigor innovation

• Breakthroughs – new adjacencies to • Rigor and metrics for new product

enhance growth rate development

• Channel program design • Honeywell User Experience incorporated

into everything we do

Leverage Productivity

• Cross-business technology • World-class working capital

development management
• Cross-business selling • Cross-Honeywell warehouse strategy
optimization
• One-Honeywell leverage: we use
what we sell

Differentiated Operating System Drives Value Creation in All Businesses

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TECHNOLOGY AND INNOVATION
18,000 Engineers
18,000
Engineers
Worldwide 49% Software

~9,000
Software
Developers
24% Mechanical

138
Research and
Engineering
22% Electrical

Facilities

35,500+ 5% Chemical
Patents Granted
or Pending

Honeywell Confidential - ©2019 by Honeywell International Inc. All rights reserved. 14

ENVIRONMENTAL, SOCIAL, GOVERNANCE
Our Mission and Plan
Onondaga Lake, Syracuse,
• Ensuring a cleaner, safer, and healthier future N.Y., former “Most Polluted
Lake” now fishable and
• Integrating health, safety, and environment into all swimmable community asset
aspects of business spurring development

• Protect workers and employees globally

Former chemical plant in
‒ Safety record is +80% better than industry average Baltimore, MD, now Harbor Point,
home to Exelon, a leading energy
provider; Morgan Stanley; and
• Annual targets for waste reduction Johns Hopkins Medicine

‒ ~90% reduction in greenhouse gas (GHG) emissions

intensity since 2004

• Comprehensive system aligned to industry best

practices, fully integrated into the Honeywell
Operating System

Building a Better Future

Honeywell Confidential - ©2019 by Honeywell International Inc. All rights reserved. 15
 HONEYWELL HOMETOWN SOLUTIONS
Unique, global corporate Aligning with business Supporting employee
HHS Summary citizenship programs strategies communities
150 awards since 2004

More
Smarter Safer
Sustainable

• 20 teachers annually learn coding • 3 million students fire-safety • Modern urban sustainability Humanitarian Relief
and earn Georgia STEM School trained in China, India, and education in New Jersey and • $13.8 million in donations distributed
Certification at Georgia Tech Malaysia Mexico City to-date
• 292 students from 42 countries • 6,000 students in Malaysia • 135 safe drinking water stations • Beneficiaries: >2,300 employees
attended leadership and coding received safety training built in rural India serving 300,000 (multiple communities)
training at USSRC in 2019, a total • 1 million U.S. students learn • Water filtration systems serve • Repaired or rebuilt since 2001*
of 2,709 students since 2010 personal safety and abduction- 3,000 students and 60 teachers in
• 5,000 students in UAE attended prevention with KidSmartz China - 900 homes
Think Science and other education - 4 schools
• 25,000 students, 1,000 teachers, • Wildlife habitat restoration
programs in partnership with and 40,000 parents expect projects by employees in - 9 medical clinics
Emirates Foundation and INJAZ disaster management training by Syracuse
• 10,000+ students focused on IoT 2020 in India - 1 elder community center
• Urban pollution stewardship in
technologies utilize Honeywell Baltimore neighborhoods, - 200 wells
Control Labs in five universities in schoolyards
Turkey, Romania, and Indonesia

Delivering High-Impact Social Sustainability Global Programming

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 MEDIA HIGHLIGHTS

Honeywell Tops Electronics Industry on Fortune’s Honeywell Leaps Into Quantum Computing: “We have a “Honeywell has supplied water stations in
2019 “World’s Most Admired Companies®” very unique technology that we believe is as good or India, where as much as 70% of water
better than anything that’s out there today” supplies are contaminated.” The Guardian
- Darius Adamczyk, Bloomberg News

Honeywell ranked first in all categories in Institutional

Investor magazine’s 2019 All-America Executive Team Honeywell’s Que Dallara Named One of Honeywell ranked #6 on Indeed.com’s list of
rankings for electrical equipment and multi-industry Diversity Journal’s “Women Worth Watching” hottest companies for job seekers.
sector, including Darius Adamczyk as “Best CEO.”

Influential International and Domestic Coverage and Recognition

Honeywell Confidential - ©2019 by Honeywell International Inc. All rights reserved. 17
HONEYWELL’S 8 BEHAVIORS

FOUNDATIONAL Integrity and Supporting Workplace

PRINCIPLES Ethics Diversity Respect

Have a Passion for Winning Be Courageous

‒ Beat the competition ‒ Confront problems directly and face adversity head on

‒ Fearless accountability for getting results ‒ Take on seemingly impossible goals

Be a Zealot for Growth Go Beyond

‒ Over deliver on commitments
‒ Obsess over growth and customers
‒ Understand what creates value for customers
Inspire Greatness
Think Big … Then Make it Happen
‒ Set high expectations
‒ Be willing to re-examine almost anything ‒ Achieve things you and your team never thought possible
‒ Innovate with agility Become Your Best
Act With Urgency ‒ Seek and accept feedback
‒ Move with lightning speed ‒ Bounce back from disappointments
‒ Use speed as a differentiator
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