Honeywell International Investor Presentation — March 2022

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J.P . MORGAN INDUSTRIALS

CHIEF EXECUTIVE OFFICER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 manageme nt 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 f actors 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 statem ents 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 diff er 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 t he principal risks and uncertainties that affect our

performance in our Form 10 -K and other filings with the Securities and Exchange Commission.

1Non-GAAP Financial Measures

This presentation contains financial measures presented on a non -GAAP basis. Honeywell’s non -GAAP financial measures used in thi s presentation are as follows: segment profit, on an

overall Honeywell basis, a measure by which we assess operating performance, which we define as operating income adjusted for certain items as presented in the Appendix; segment

margin, on an overall Honeywell basis, which we define as segment profit divided by sales; organic sales growth, which we def ineas sales growth less the impacts from foreign currency

translation and acquisitions and divestitures for the first 12 months following the transaction date; organic sales growth ex cluding COVID -driven mask sales, which we define as organic

sales growth excluding any sales attributable to COVID -driven masks; free cash flow, which we define as cash flow from operation s less capital expenditures plus cash receipts from Garrett,

if an as noted in the presentation; free cash flow excluding Quantinuum, which we define as free cash flow less free cash flo w attributable to Quantinuum; and adjusted earnings per share,