Contact: Solution replaces legacy R-134a refrigerant, reducing carbon emissions by 60% and meeting environmental requirements ISTANBUL, Turkey, October 16, 2018 – Honeywell (NYSE: HON) today announced that Arçelik has selected Honeywell Solstice N13 (R-450A) refrigerant to replace legacy R-134a refrigerant in a wide range of its Heat Pump Tumble Dryers. The change enables compliance with European Union EcoDesign and F-Gas regulations while allowing Arçelik brands Beko, Grundig, Blomberg and Elektrabregenz to cut carbon emissions by approximately 60% and provide a safer, more efficient product to its customers in 28 European countries. Heat pump tumble dryers are a quickly growing alternative to traditional condensing tumble dryers, since they offer consumers up to 50 percent lower energy consumption. Switching from R-134a to Solstice N13 delivers the environmental compliance and energy savings Beko, Grundig, Blomberg and Elektrabregenz were looking for without any additional engineering investment. Based on hydrofluoroolefin (HFO) technology, Solstice N13 is a non-flammable, non-toxic, near-drop in alternative to R-134a in medium temperature systems, offering similar performance and energy efficiency but with a global warming potential (GWP) of only 604 versus a GWP of 1,430 for R-134a (IPCC AR4). “Heat pump tumble dryer manufacturers are today facing mounting regulatory and economic pressures such as the increasingly limited availability of high GWP refrigerants under the F-gas quota system and strict EcoDesign regulations,” said Julien Soulet, vice president and general manager, Honeywell Fluorine Products Europe, Middle East and Africa. “Solstice N13 solves all these issues while allowing manufacturers to switchover in a timely and cost-effective manner, and crucially, it gives consumers exactly what they want: a low cost, safe and energy efficient tumble dryer.” 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, building and automobile air conditioning. Honeywell and its suppliers have completed a $900 million investment program in R&D and new capacity based on Honeywell’s HFO technology. For more information about Solstice N13, visit www.honeywell-refrigerants.com/europe. Customers can see the tumble dryer at Honeywell Chillventa booth in hall 6, booth number 130. Honeywell (www.honeywell.com) is a Fortune 100 software-industrial company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. About Arçelik: Founded in 1955 as a subsidiary of Koç Holding, Turkey’s largest industrial conglomerate, today Arçelik is a worldwide producer and marketer of consumer durables and consumer electronics with 33,000 employees and 18 manufacturing facilities in Turkey, Romania, Russia, China, South Africa, Thailand and Pakistan. The company operates in 145 countries and manages 12 brands [Beko, Grundig, Blomberg, Defy, Arctic, Dawlance, Leisure, Flavel, Altus, ElektraBregenz, Arçelik, Voltas Beko]. Arçelik employs more than 1300 employees in its 14 R&D centers in Turkey, US, Portugal, UK and Taiwan.