Honeywell Automation India Limited

1.5 million

ies for over 20,500 villagers in around 200 villages Boosting Rural Healthcare Infrastructure for 1.5 million people in rural communities by modernizing and refurbishing 47 Primary Health Centers and Communi

rs,

al communities by modernizing and refurbishing 47 Primary Health Centers and Community Health Centers, equipped with advanced equipment, in Haryana and Maharashtra Education, Skill and Research Honeywe

RS 20

ational Inc. All rights reserved. BUSINESS UPDATES 2022-23 PERFORMANCE 5 INDIA ECONOMIC INDICATORS 20-21 19-20 21-22 22-23 23-24 Trend  GDP Growth Rate1 -7.3% 8.7% 7.2% 5.8%  Fiscal Deficit

7.3%

RMANCE 5 INDIA ECONOMIC INDICATORS 20-21 19-20 21-22 22-23 23-24 Trend  GDP Growth Rate1 -7.3% 8.7% 7.2% 5.8%  Fiscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9

8.7%

5 INDIA ECONOMIC INDICATORS 20-21 19-20 21-22 22-23 23-24 Trend  GDP Growth Rate1 -7.3% 8.7% 7.2% 5.8%  Fiscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6

7.2%

NDIA ECONOMIC INDICATORS 20-21 19-20 21-22 22-23 23-24 Trend  GDP Growth Rate1 -7.3% 8.7% 7.2% 5.8%  Fiscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6.2% 4

5.8%

CONOMIC INDICATORS 20-21 19-20 21-22 22-23 23-24 Trend  GDP Growth Rate1 -7.3% 8.7% 7.2% 5.8%  Fiscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6.2% 4.0% 4

9.3%

% 8.7% 7.2% 5.8%  Fiscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6.2% 4.0% 44.6 6.7% 6.4% 5.9% 5.5% 6.7% 5.1% 4.0% 4.9% 6.5% 68.8 98.8 79.3 1.Histor

6.2%

% 7.2% 5.8%  Fiscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6.2% 4.0% 44.6 6.7% 6.4% 5.9% 5.5% 6.7% 5.1% 4.0% 4.9% 6.5% 68.8 98.8 79.3 1.Historic dat

4.0%

% 5.8%  Fiscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6.2% 4.0% 44.6 6.7% 6.4% 5.9% 5.5% 6.7% 5.1% 4.0% 4.9% 6.5% 68.8 98.8 79.3 1.Historic data is t

6.7%

iscal Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6.2% 4.0% 44.6 6.7% 6.4% 5.9% 5.5% 6.7% 5.1% 4.0% 4.9% 6.5% 68.8 98.8 79.3 1.Historic data is taken from MO

6.4%

Deficit2  Inflation3  Interest Rate4  Crude Oil Price ($/bbl)5 9.3% 6.2% 4.0% 44.6 6.7% 6.4% 5.9% 5.5% 6.7% 5.1% 4.0% 4.9% 6.5% 68.8 98.8 79.3 1.Historic data is taken from MOSPI an

“Acknowledged by HPCL for instilling a “Positive Safety Culture” Commissioner of Police for “Phase-1 completion Bangalore Safe City Project”.”

“FY23 projections are taken as per IHS Markit (Jul’20 Forecast) 2.Historic data is taken from Economic Survey 2020-21 & CGA - Ministry of Finance.”

“Lower & upper limits of FY22 projections are taken from target set in the Union budget 2022-23 3.Historic data for Headline CPI is taken from RBI.”

“Forecast of FY23 from EIA Improving Trends; Challenging Business Environment Honeywell Confidential - ©2023 by Honeywell International Inc.”

“HAIL PERFORMANCE TRACK RECORD (INR Crores) Sales Earning Before Interest and Tax (EBIT) 3,448 15% CAGR 477 11X Growth 11% CAGR 6.7X Growth 2,441 1,374 513 2005 2010 2014-15* 2022-23 *2014-15 numbers are for 15 months (i.e.”

SAFETY FOR

1

SAFETY FOR

1 2 3 4 Our Employees Our Customers Our Contractors Our Society 0.9 0.6 0.3 0 0 0 0 2021 2022 2023 TOTAL CASES INCIDENT RATE (TCIR) (Accidents per 200,000-man hours) National Safety Week ‘23 Fire Safety Campaign – Fire Brigade World Environment Day Ergonomics Training EXTENDING SAFETY CULTURE BEYOND THE ORGANIZATION Honeywell Confidential - ©2023 by Honeywell International Inc. All rights reserved. 1 HAIL HSE | RECOGNITION & ACCREDITATION CUSTOMER RECOGNITIONS ACCREDITATIONS “Zero Lost Time Incidents” at multiple customer locations across India. Acknowledged by HPCL for instilling a “Positive Safety Culture” Commissioner of Police for “Phase-1 completion Bangalore Safe City Project”. “Best Safety Conscious Subcontractor” ISO 45001:2018 (Occupational Health & Safety) • Honeywell Pune Hadapsar Office and HPS & HBT Field Service – Nov 2022 (Surveillance Audit) • Honeywell Pune HPS – Fulgaon Factory - May 2022 ISO 14001:2015 (Environmental Management System) • Honeywell Pune HPS – Fulgaon