2023 INVESTOR CONFERENCE
MAY 11, 2023
1
FORWARD LOOKING STATEMENTS
We describe many of the trends and other factors that drive our business and future results in this presentation. Such discussions contain forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this presentation can or will be achieved. These forward-looking statements should be considered in light of the information included in this presentation, our Form 10-K and other filings with
the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.
NON-GAAP FINANCIAL MEASURES
This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release 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 profit of Honeywell Building Technologies excluding spin-off impacts; Segment margin, on an overall Honeywell basis; Segment margin of Honeywell Building Technologies excluding spin-off impacts; Organic sales growth; Free cash flow; Adjusted free cash flow; Free cash flow excluding the impact of settlements; Adjusted free cash flow margin; Return on invested capital; Adjusted free cash flow; Adjusted net income attributable to Honeywell; Adjusted net income before interest; Adjusted earnings per share; Adjusted earnings per share excluding pension headwind; Adjusted income before taxes; EBITDA; and Decremental margin, if and as noted in the release.
Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the
analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented
on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures.
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2023 INVESTOR CONFERENCE AGENDA
PRESENTATION | SPEAKER | |
12:00 | Lunch / Registration | |
1:00 | Introduction | Sean Meakim |
1:05 | Honeywell Transformation Overview | Darius Adamczyk |
1:20 | Incoming CEO Priorities | Vimal Kapur |
1:50 | M&A Process | Anne Madden |
2:00 | Environmental, Social, Governance | Anne Madden |
2:10 | Sustainability Panel | Suresh Venkatarayalu, Mike Madsen, Lucian Boldea, Billal Hammoud, George Koutsaftes |
Moderator: Sean Meakim | ||
2:40 | Digitalization / Transformation Panel | Greg Lewis, Torsten Pilz, Sheila Jordan, Kevin Dehoff, John Waldron |
Moderator: Sean Meakim | ||
3:10 | Financial Overview | Greg Lewis |
3:25 | Q&A | Darius Adamczyk, Vimal Kapur, Greg Lewis, Anne Madden |
4:00 | Closing Remarks | Vimal Kapur |
4:05 | Cocktail Reception | Including HCE Demos / Customer Testimonials |
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TODAY'S PRESENTERS
HONEYWELL TRANSFORMATION OVERVIEW | INCOMING CEO PRIORITIES | |
Darius Adamczyk | Vimal Kapur |
Chairman and | President and |
Chief Executive Officer | Chief Operating Officer |
M&A; ENVIRONMENTAL, SOCIAL, GOVERNANCE | FINANCIAL OVERVIEW | |
Anne Madden | Greg Lewis |
Senior Vice President | Senior Vice President |
and General Counsel | and Chief Financial Officer |
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TODAY'S PANELISTS
SUSTAINABILITY PANEL
Suresh Venkatarayalu | Mike Madsen | Lucian Boldea | Billal Hammoud | George Koutsaftes |
Senior Vice President and | President and CEO | President and CEO | President and CEO | President and CEO |
Chief Technology and | Aerospace | Performance Materials | Honeywell Building | Safety and Productivity |
Innovation Officer | and Technologies | Technologies | Solutions |
DIGITALIZATION / TRANSFORMATION PANEL
Greg Lewis | Torsten Pilz | Sheila Jordan | Kevin Dehoff | John Waldron |
Senior Vice President and | Senior Vice President and | Senior Vice President and | President and CEO | Senior Vice President and |
Chief Financial Officer | Chief Supply Chain Officer | Chief Technology Officer | Connected Enterprise | Chief Commercial Officer |
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Honeywell International Inc. published this content on 11 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2023 19:43:04 UTC.