Honeywell realigns segments: new Process Automation & Technology, drops Energy & Sustainability

HONEYWELL INTERNATIONAL INC

Effective Q1 2026, Honeywell combined its Process Solutions (Industrial Automation) and UOP (Energy & Sustainability) into new Process Automation & Technology segment.
Energy & Sustainability Solutions segment eliminated; Advanced Materials was spun off Oct 30, 2025.
Industrial Automation now includes smart energy, thermal solutions, process measurement, etc., from legacy Honeywell Process Solutions, Sensing & Safety, etc.
Segment realignment has no impact on historical consolidated financial statements; recast data filed in Exhibit 99.1.
New segments: Aerospace Technologies, Building Automation, Process Automation & Technology, Industrial Automation; other in Corporate & All Other.

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