Q2 2026 Earnings

Control Systems Segment Adjusted EBIT Margin

29.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Three Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 459 | | | | 26 | | % | | | $ | | 174 | | | | 12 | | % | | | $ | | 389 | | | | 29 | | % Three Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 475 | | | | 29 | | % | | | $ | | 256 | | | | 18 | | % | | | $ | | 361 | | | | 29 | | %

Control Systems Segment Adjusted EBIT Margin YTD

28.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 969 | | | | 28 | | % | | | $ | | 455 | | | | 16 | | % | | | $ | | 716 | | | | 28 | | % Six Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 885 | | | | 28 | | % | | | $ | | 449 | | | | 18 | | % | | | $ | | 808 | | | | 32 | | %

Control Systems Segment Adjusted EBIT YTD

$716.0M

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 969 | | | | 28 | | % | | | $ | | 455 | | | | 16 | | % | | | $ | | 716 | | | | 28 | | % Six Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 885 | | | | 28 | | % | | | $ | | 449 | | | | 18 | | % | | | $ | | 808 | | | | 32 | | %

Electronic Solutions Segment Adjusted EBIT

$459.0M

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Three Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 459 | | | | 26 | | % | | | $ | | 174 | | | | 12 | | % | | | $ | | 389 | | | | 29 | | % Three Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 475 | | | | 29 | | % | | | $ | | 256 | | | | 18 | | % | | | $ | | 361 | | | | 29 | | %

Electronic Solutions Segment Adjusted EBIT Margin

26.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Three Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 459 | | | | 26 | | % | | | $ | | 174 | | | | 12 | | % | | | $ | | 389 | | | | 29 | | % Three Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 475 | | | | 29 | | % | | | $ | | 256 | | | | 18 | | % | | | $ | | 361 | | | | 29 | | %

Electronic Solutions Segment Adjusted EBIT Margin YTD

28.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 969 | | | | 28 | | % | | | $ | | 455 | | | | 16 | | % | | | $ | | 716 | | | | 28 | | % Six Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 885 | | | | 28 | | % | | | $ | | 449 | | | | 18 | | % | | | $ | | 808 | | | | 32 | | %

Electronic Solutions Segment Adjusted EBIT YTD

$969.0M

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 969 | | | | 28 | | % | | | $ | | 455 | | | | 16 | | % | | | $ | | 716 | | | | 28 | | % Six Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 885 | | | | 28 | | % | | | $ | | 449 | | | | 18 | | % | | | $ | | 808 | | | | 32 | | %

Engines & Power Systems Segment Adjusted EBIT

$174.0M

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Three Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 459 | | | | 26 | | % | | | $ | | 174 | | | | 12 | | % | | | $ | | 389 | | | | 29 | | % Three Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 475 | | | | 29 | | % | | | $ | | 256 | | | | 18 | | % | | | $ | | 361 | | | | 29 | | %

Engines & Power Systems Segment Adjusted EBIT Margin

12.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Three Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 459 | | | | 26 | | % | | | $ | | 174 | | | | 12 | | % | | | $ | | 389 | | | | 29 | | % Three Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 475 | | | | 29 | | % | | | $ | | 256 | | | | 18 | | % | | | $ | | 361 | | | | 29 | | %

Engines & Power Systems Segment Adjusted EBIT Margin YTD

16.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 969 | | | | 28 | | % | | | $ | | 455 | | | | 16 | | % | | | $ | | 716 | | | | 28 | | % Six Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 885 | | | | 28 | | % | | | $ | | 449 | | | | 18 | | % | | | $ | | 808 | | | | 32 | | %

Engines & Power Systems Segment Adjusted EBIT YTD

$455.0M

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 969 | | | | 28 | | % | | | $ | | 455 | | | | 16 | | % | | | $ | | 716 | | | | 28 | | % Six Months Ended June 28, 2025 Electronic Solutions | | | Engines & Power Systems | | | Control Systems Amount | | | Margin % | | | Amount | | | Margin % | | | Amount | | | Margin % Segment profit/Segment adjusted EBIT | | $ | | 885 | | | | 28 | | % | | | $ | | 449 | | | | 18 | | % | | | $ | | 808 | | | | 32 | | %

Total Segment Profit / Segment Adjusted EBIT

$995.0M

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Three Months Ended June 27, 2026 | | | June 28, 2025 Amount Percentage of Net Sales Amount Percentage of Net Sales Net Income | | $ | | 256 | | | | 6 | | % | | | $ | | 852 | | | | 20 | | % Income tax expense | | 122 | | | | 3 | | % | | | 148 | | | | 3 | | % Amortization of acquisition-related intangibles (1) 22 | | | | 1 | | % | | | 17 | | | | — | | % Stock compensation expense (2) 36 | | | | 1 | | % | | | 22 | | | | 1 | | % Environmental expense (3) 20 | | | | — | | % | | | 24 | | | | 1 | | % Transaction costs (4) 329 | | | | 7 | | % | | | 17 | | | | — | | % Interest and other financial charges | | 200 | | | | 4 | | % | | | — | | | | — | | % Other, net (5) 10 | | | | — | | % | | | (14) | | | | — | | % Total segment profit/Segment adjusted EBIT | | $ | | 995 | | | | 22 | | % | | | $ | | 1,066 | | | | 25 | | % __________________ (1) Amounts included in Cost of products and services sold and Selling, general and administrative. (2) Amounts included in Selling, general and administrative expenses. (3) Amounts included in Cost of products and services sold and Other expense, net. (4) Amounts included in Selling, general and administrative expenses and Other expense, net. (5) Amounts include pension income (expense) and repositioning and other charges.

Total Segment Profit / Segment Adjusted EBIT Margin

22.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Three Months Ended June 27, 2026 | | | June 28, 2025 Amount Percentage of Net Sales Amount Percentage of Net Sales Net Income | | $ | | 256 | | | | 6 | | % | | | $ | | 852 | | | | 20 | | % Income tax expense | | 122 | | | | 3 | | % | | | 148 | | | | 3 | | % Amortization of acquisition-related intangibles (1) 22 | | | | 1 | | % | | | 17 | | | | — | | % Stock compensation expense (2) 36 | | | | 1 | | % | | | 22 | | | | 1 | | % Environmental expense (3) 20 | | | | — | | % | | | 24 | | | | 1 | | % Transaction costs (4) 329 | | | | 7 | | % | | | 17 | | | | — | | % Interest and other financial charges | | 200 | | | | 4 | | % | | | — | | | | — | | % Other, net (5) 10 | | | | — | | % | | | (14) | | | | — | | % Total segment profit/Segment adjusted EBIT | | $ | | 995 | | | | 22 | | % | | | $ | | 1,066 | | | | 25 | | % __________________ (1) Amounts included in Cost of products and services sold and Selling, general and administrative. (2) Amounts included in Selling, general and administrative expenses. (3) Amounts included in Cost of products and services sold and Other expense, net. (4) Amounts included in Selling, general and administrative expenses and Other expense, net. (5) Amounts include pension income (expense) and repositioning and other charges.

Total Segment Profit / Segment Adjusted EBIT Margin YTD

24.0%

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 | | | June 28, 2025 Amount Percentage of Net Sales Amount Percentage of Net Sales Net Income | | $ | | 898 | | | | 10 | | % | | | $ | | 1,638 | | | | 20 | | % Income tax expense | | 280 | | | | 3 | | % | | | 295 | | | | 4 | | % Amortization of acquisition-related intangibles (1) 44 | | | | 1 | | % | | | 34 | | | | — | | % Stock compensation expense (2) 61 | | | | 1 | | % | | | 46 | | | | 1 | | % Environmental expense (3) 42 | | | | — | | % | | | 105 | | | | 1 | | % Transaction costs (4) 522 | | | | 6 | | % | | | 17 | | | | — | | % Interest and other financial charges | | 229 | | | | 3 | | % | | | — | | | | — | | % Other, net (5) 14 | | | | — | | % | | | (29) | | | | — | | % Total segment profit/Segment adjusted EBIT | | $ | | 2,090 | | | | 24 | | % | | | $ | | 2,106 | | | | 26 | | % __________________ (1) Amounts included in Cost of products and services sold and Selling, general and administrative. (2) Amounts included in Selling, general and administrative expenses. (3) Amounts included in Cost of products and services sold and Other expense, net. (4) Amounts included in Selling, general and administrative expenses and Other expense, net. (5) Amounts include pension income (expense) and repositioning and other charges.

Total Segment Profit / Segment Adjusted EBIT YTD

$2.09B

NON-GAAP FINANCIAL MEASURES We use non-GAAP financial measures to supplement the financial measures prepared in accordance with GAAP. These include (1) Organic sales growth, (2) Total segment profit, (3) Adjusted EBIT, (4) Adjusted EBIT margin, (5) Segment adjusted EBIT, and (6) Segment adjusted EBIT margin. Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 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. Management believes these non-GAAP financial measures provide investors with a more meaningful measure of its performance period to period, align with how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable GAAP measure. The non-GAAP financial measures we use are as follows: • Organic sales growth: We define organic sales growth as the change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g. impact of comprehensive settlement related 37 TABLE OF CONTENTS to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. • Total segment profit : We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Adjusted EBIT and Adjusted EBIT margin: We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Adjusted EBIT margin as Adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. • Segment adjusted EBIT and Segment adjusted EBIT margin: We define Segment adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment adjusted EBIT margin as Segment adjusted EBIT divided by Net sales adjusted for the impact of the Flexjet-related litigation settlement. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as for understanding ongoing operating trends. Six Months Ended June 27, 2026 | | | June 28, 2025 Amount Percentage of Net Sales Amount Percentage of Net Sales Net Income | | $ | | 898 | | | | 10 | | % | | | $ | | 1,638 | | | | 20 | | % Income tax expense | | 280 | | | | 3 | | % | | | 295 | | | | 4 | | % Amortization of acquisition-related intangibles (1) 44 | | | | 1 | | % | | | 34 | | | | — | | % Stock compensation expense (2) 61 | | | | 1 | | % | | | 46 | | | | 1 | | % Environmental expense (3) 42 | | | | — | | % | | | 105 | | | | 1 | | % Transaction costs (4) 522 | | | | 6 | | % | | | 17 | | | | — | | % Interest and other financial charges | | 229 | | | | 3 | | % | | | — | | | | — | | % Other, net (5) 14 | | | | — | | % | | | (29) | | | | — | | % Total segment profit/Segment adjusted EBIT | | $ | | 2,090 | | | | 24 | | % | | | $ | | 2,106 | | | | 26 | | % __________________ (1) Amounts included in Cost of products and services sold and Selling, general and administrative. (2) Amounts included in Selling, general and administrative expenses. (3) Amounts included in Cost of products and services sold and Other expense, net. (4) Amounts included in Selling, general and administrative expenses and Other expense, net. (5) Amounts include pension income (expense) and repositioning and other charges.

Remaining Performance Obligations

$18.20B

Remaining Performance Obligations As of June 27, 2026, the Company’s remaining performance obligations, which is the aggregate amount of total contract transaction price that is unsatisfied or partially unsatisfied, was approximately $ 18.2 billion. Remaining performance obligations exclude transaction price associated with revenue which is recognized on a right to invoice basis for certain long-term contracts. Performance obligations expected to be satisfied within one year and greater than one year are 58 % and 42 %, respectively.

Remaining Performance Obligations Expected After One Year

42.0%

Remaining Performance Obligations As of June 27, 2026, the Company’s remaining performance obligations, which is the aggregate amount of total contract transaction price that is unsatisfied or partially unsatisfied, was approximately $ 18.2 billion. Remaining performance obligations exclude transaction price associated with revenue which is recognized on a right to invoice basis for certain long-term contracts. Performance obligations expected to be satisfied within one year and greater than one year are 58 % and 42 %, respectively.

Remaining Performance Obligations Expected Within One Year

58.0%

Remaining Performance Obligations As of June 27, 2026, the Company’s remaining performance obligations, which is the aggregate amount of total contract transaction price that is unsatisfied or partially unsatisfied, was approximately $ 18.2 billion. Remaining performance obligations exclude transaction price associated with revenue which is recognized on a right to invoice basis for certain long-term contracts. Performance obligations expected to be satisfied within one year and greater than one year are 58 % and 42 %, respectively.

Control Systems Organic Sales Growth

7.0%

Control Systems The following table sets forth the operating results for our CS segment for the three and six months ended June 27, 2026 and June 28, 2025: Three Months Ended | | | Six Months Ended June 27, 2026 | | | June 28, 2025 | | | June 27, 2026 | | | June 28, 2025 Net sales $ | | 1,342 | | | | $ | | 1,254 | | | | $ | | 2,533 | | | | $ | | 2,504 Segment Profit/Segment a djusted EBIT (1) 389 | | | | 361 | | | | 716 | | | | 808 Segment Profit margin/Segment adjusted EBIT margin (1) 29 | | % | | | 29 | | % | | | 28 | | % | | | 32 | | % _________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Segment adjusted EBIT and Segment adjusted EBIT margin. 36 TABLE OF CONTENTS The following table sets forth the factors contributing to year-over-year changes in our CS segment’s Net sales for the three and six months ended June 27, 2026: Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 7 | | % | | | 1 | | % Foreign currency translation | | — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other | | — | | % | | | — | | % Total % change in Net sales | | 7 | | % | | | 1 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.

Control Systems Organic Sales Growth YTD

1.0%

Control Systems The following table sets forth the operating results for our CS segment for the three and six months ended June 27, 2026 and June 28, 2025: Three Months Ended | | | Six Months Ended June 27, 2026 | | | June 28, 2025 | | | June 27, 2026 | | | June 28, 2025 Net sales $ | | 1,342 | | | | $ | | 1,254 | | | | $ | | 2,533 | | | | $ | | 2,504 Segment Profit/Segment a djusted EBIT (1) 389 | | | | 361 | | | | 716 | | | | 808 Segment Profit margin/Segment adjusted EBIT margin (1) 29 | | % | | | 29 | | % | | | 28 | | % | | | 32 | | % _________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Segment adjusted EBIT and Segment adjusted EBIT margin. 36 TABLE OF CONTENTS The following table sets forth the factors contributing to year-over-year changes in our CS segment’s Net sales for the three and six months ended June 27, 2026: Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 7 | | % | | | 1 | | % Foreign currency translation | | — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other | | — | | % | | | — | | % Total % change in Net sales | | 7 | | % | | | 1 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.

Electronic Solutions Organic Sales Growth

8.0%

The following table sets forth the factors contributing to year-over-year changes in our ES segment’s Net sales for the three and six months ended June 27, 2026: Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 8 | | % | | | 10 | | % Foreign currency translation — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other — | | % | | | — | | % Total % change in Net sales | | 8 | | % | | | 10 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.

Electronic Solutions Organic Sales Growth YTD

10.0%

The following table sets forth the factors contributing to year-over-year changes in our ES segment’s Net sales for the three and six months ended June 27, 2026: Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 8 | | % | | | 10 | | % Foreign currency translation — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other — | | % | | | — | | % Total % change in Net sales | | 8 | | % | | | 10 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.

Engines & Power Systems Organic Sales Growth

1.0%

The following table sets forth the factors contributing to year-over-year changes in our E&PS segment’s Net sales for the three and six months ended June 27, 2026: Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 1 | | % | | | 6 | | % Foreign currency translation | | — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other | | — | | % | | | — | | % Total % change in N et sales 1 | | % | | | 6 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.

Engines & Power Systems Organic Sales Growth YTD

6.0%

The following table sets forth the factors contributing to year-over-year changes in our E&PS segment’s Net sales for the three and six months ended June 27, 2026: Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 1 | | % | | | 6 | | % Foreign currency translation | | — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other | | — | | % | | | — | | % Total % change in N et sales 1 | | % | | | 6 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.

Organic Sales Growth

5.0%

The following table sets forth the factors contributing to year-over-year changes in our Net sales for the three and six months ended June 27, 2026: Change in net sales from prior period Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 5 | | % | | | 6 | | % Foreign currency translation | | — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other | | — | | % | | | — | | % Total % change in N et sales 5 | | % | | | 6 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.

Organic Sales Growth YTD

6.0%

The following table sets forth the factors contributing to year-over-year changes in our Net sales for the three and six months ended June 27, 2026: Change in net sales from prior period Q2 2026 vs. Q2 2025 | | | YTD Q2 2026 vs. YTD Q2 2025 Organic (1) 5 | | % | | | 6 | | % Foreign currency translation | | — | | % | | | — | | % Acquisitions — | | % | | | — | | % Other | | — | | % | | | — | | % Total % change in N et sales 5 | | % | | | 6 | | % __________________ (1) See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” for the definition of Organic sales growth.