Honeywell International Investor Presentation — October 2018

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Earnings ReleaseTHIRD QUARTER 2018October 19, 20183Q 2018 Earnings Release

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, pr ojects, 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 exper ience 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 statemen ts 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, as well as the ability to effect

the Resideo separation. Such forward -looking statements are not guarantees of future performance, and actual results, developments and busi ness decisions may differ from those envisaged by such

forward -looking statements, including with respect to any changes in or abandonment of the proposed Resideo separation. 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.

Information regarding the impact of Tax Legislation consists of preliminary estimates which are forward -looking statements and a re subject to change, possibly materially, as the firm completes its financial

statements. Information regarding the impact of Tax Legislation is based on our current calculations, as well our current int erpretations, assumptions and expectations relating to Tax Legislation, which are

subject to further change.

Non-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 define as sales growth less the impacts fr om foreign currency translation, acquisitions and divestitures for the first 12

months following transaction date, and impacts from adoption of the new accounting guidance on revenue from contracts with cu stomers that arise solely due to non -comparable accounting treatment of