December 06, 2016

Honeywell Wins Award For Year’s Best Retail Energy Project For Supermarket Refrigeration

Contact: Europe                                                                                                   Sabine Knaak +49 174-217-7336 sabine.knaak@honeywell.com BRUSSELS, Belgium, Dec 6, 2016 — Honeywell (NYSE: HON) today announced that a project based on its Solstice® ze refrigerant has been recognized as the year’s best retail energy project during the Energy Awards 2016 in London. The Energy Awards recognize the achievements of companies that contribute to reducing energy consumption and lead the way in innovative energy use, aiming at reducing the impact on the carbon it uses. Honeywell was awarded for its energy and carbon savings in the new category “Retail Energy Project”. Solstice ze (R-1234ze(E))  is combined with carbon dioxide in a unique  supermarket application that combines cooling, heating and air conditioning needs into one system, making separate systems unnecessary. This highly efficient system achieved a reduction of installed power supply of 45kW, lower carbon output, and is expected to achieve energy savings of approximately 35 percent per year compared with stores with separate cooling, heating and air conditioning systems. “We are proud to accept the Energy Award for our ultra-low global-warming-potential Solstice ze refrigerant project. We are committed to developing environmentally preferable refrigerants that have been proven to help customers lower their energy consumption as well as their carbon footprint,” said Julien Soulet, managing director for Honeywell Fluorine Products in Europe, Middle East, Africa and India. Solstice ze is non-ozone-depleting and has a global warming potential (GWP) of less than 1. It is excluded from the European F-Gas Regulation’s HFC quota system and is not affected by any use bans since its GWP of <1 is well below the 150 threshold. Safety in use is a core criteria that supermarkets consider when selecting a next generation refrigerant. Solstice ze, classified as mildly flammable, nonflammable for transport and storage and nonflammable below 30°C, as well as PED (Pressure Equipment Directive) group 2 (non-hazardous) is safer than alternatives such as hydrocarbons and ammonia, which are either extremely flammable or highly toxic. For more information on Solstice ze, visit www.honeywell-refrigerants.com/europe. Honeywell is a world leader in the development, manufacture and supply of refrigerants that are sold worldwide under the Solstice® and Genetron® brand names for a range of applications, including refrigeration, and building and automobile air conditioning. Honeywell and its suppliers are in the middle of a $900 million investment program in R&D and new capacity to produce next-generation materials with GWPs equal to or better than carbon dioxide, and at least 99 percent lower than most technologies used today. Honeywell has a diversified global supply network that includes commercial partnerships with manufacturers in India, China and Japan. Honeywell’s family of Solstice-branded products includes refrigerants for stationary, commercial refrigeration and mobile refrigerants, liquid and gaseous blowing agents, solvents and propellants—all based on Honeywell’s hydrofluoro-olefin (HFO) technology that helps customers lower their carbon footprint without sacrificing end-product performance. Worldwide adoption of Solstice products has resulted in the reduction of more than 34 million metric tons of greenhouse gases to date, equal to eliminating emissions from more than 7 million cars. Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. This release 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 release 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. 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.

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