THIS IS UTC CLIMATE, CONTROLS & SECURITY

THIS IS UTC CLIMATE, CONTROLS & SECURITY

A global leader in building systems and aerospace industries We invent new and better ways to keep people safe, comfortable, productive and on the move 1

Iconic brands delivering the smart, sustainable solutions the world needs Commercial Aerospace 2

UTC 2016 Sales Mix Military Aerospace & Space Commercial & Industrial Original Equipment Manufacturing Other United States Asia Pacific Commercial Aerospace Aftermarket Europe 200,000 employees Fortune 50 company Source: 2016 UTC Annual Report (Amounts presented for 2016 have been restated to reflect results from continuing operations.) $57.4 billion in adjusted net sales 3

UTC Climate, Controls & Security is a leading provider of heating, ventilating, air conditioning and refrigeration systems, building controls and automation, and fire and security systems leading to safer, smarter, sustainable and high-performance buildings. UTC Climate, Controls & Security is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. 4

Our mission is to be our customers first choice We create and maintain comfortable, efficient, healthy, safe, secure and sustainable environments and ensure the global food supply is transported and preserved for safe consumption. 5

Our industry leadership positions (2016 @ afx) HVAC Fire & Security Refrigeration $8B $5B $4B 6

CCS 2016 Sales Mix (2016 @ afx) Asia Americas Fire & Security HVAC Field Services EMEA Refrigeration New Equipment ~56,000 employees Serving customers in more than 180 countries $16.9 billion net sales 7

1818 1881 1902 1917 Our legacy of innovation Charles and Jeremiah Chubb patented the first detector lock Robert Edwards patented the first electric alarm bell Willis Carrier developed and later patented the first modern air-conditioning system Walter Kidde Company was founded and later produced the first integrated smoke detection and carbon dioxide extinguishing system for use on ships 8

Our industry-leading brands 9

Our innovative products UTC Climate, Controls & Security offers customers an unmatched portfolio of high-technology products and services. This includes climate systems, fire systems, security systems, refrigeration systems, building automation and a strong field services organization. Carrier AquaForce 30XV air-cooled liquid chiller with R-134A refrigerant Kidde Worry-Free 10-year sealed battery smoke and combination alarms Det-Tronics FlexSight LS2000 Line-of-Sight Infrared Gas Detector Lenel OnGuard security management platform Onity DirectKey System Carrier Transicold Vector unit with E-Drive allelectric technology Automated Logic WebCTRL building automation system 10

Digital innovation Connected home Intelligent buildings Smart cold chain Trace forward Trace back 11

Our values Quality Performance Responsibility Innovation Customer Care Employee Opportunity 12

Urbanization Replacement / Modernization Life safety Security Efficiency and Environment Regulatory changes Global megatrends drive growth The urban population is projected to grow by 1 billion people by 2030 Source: United Nations The middle class is expected to double over the same period to almost 60 percent of the global population The global trends of population growth and urbanization translate to strong growth fundamentals for UTC Climate, Controls & Security. Urbanization demands more buildings, which in turn need to be comfortable, efficient, safe and secure. 13

Quality is our common denominator Achieving Competitive Excellence (ACE) United Technologies proprietary operating system to ensure world-class quality in our products and processes. 14

ELEVATOR & ESCALATOR DISPATCHING AND CONTROL LOW ENERGY USE INTENSITY BUILDING DESIGN CHILLER PLANT HEALTH MANAGEMENT t BUILDING ENERGY MANAGEMENT SERVICE MOBILE, ELECTRONIC ACCESS CONTROL OPTIMIZED THERMAL ENERGY UTILIZATION CHILLER PLANT ENERGY OPTIMIZATION Building solutions is our business United Technologies is known for its broad portfolio of industry-leading products, but we do much more. Our AdvanTEC team of building solutions experts design, develop and implement customized building solutions to solve our customers most complex challenges. Our enterprise account team serves key verticals, providing industry expertise and an exceptional account management experience. It s time to get to know UTC and how we can help your business. 15

Putting innovation into practice The UTC Center for Intelligent Buildings will be a first-of-its-kind, intelligent and sustainable innovation and technology center to showcase United Technologies products and integrated systems. The building will feature solutions and interactive displays from United Technologies brands. The UTC Center for Intelligent Buildings is targeted to be a U.S. Green Building Council LEED building. 16

UTC 2020 sustainability goals At UTC we define sustainability as doing good for the planet while we do good for our customers, employees, communities and shareowners. 17

Through 2016, sustainability accomplishments include: 6% 17% 94% 18% 14% reduction in greenhouse gas emissions reduction in water consumption of total waste is recycled reduction in hazardous waste generation reduction in ergonomic risk Baseline: 2015 data adjusted for acquisitions and divestitures 18

Our sustainable solutions Eco-Screen showcases a building s sustainability and efficiency measures using a dynamic interactive kiosk. NaturaLINE units are the world s first natural refrigerant technology for container refrigeration, incorporating CO 2 in place of conventional synthetic refrigerants to deliver sustainability and efficiency. The Carrier AquaEdge 23XRV is the world s leading efficiency screw chiller, 42% better than the industry standard. 1 Since 1984, NORESCO has guaranteed more than $3 billion in energy and operating cost savings at more than 7,000 facilities. The AquaEdge 19DV centrifugal chiller utilizes a low GWP refrigerant (GWP of 1.34) and provides efficiency that is 40% better than the current industry standard 2. Marioff's HI-FOG gasdriven pump unit uses up to 90% less water than traditional sprinkler systems. Kidde Fire Systems uses non-ozone depleting suppression agents. One in particular, 3M Novec 1230 fire suppression fluid, has a global warming potential of one. The CO 2 OLtec Integral solution uses the natural refrigerant CO 2 and fully integrates refrigeration, heating and cooling systems, resulting in energy savings. Interlogix's UltraSync SmartHome system uses pre-set schedules, geo location and remote system management to help users manage energy consumption. 1. Among electric-driven, water-cooled chillers as measured by Integrated Part Load Value conditions based on ASHRAE 90.1 2016 minimum requirement.. 2. Industry standard is ASHRAE 90.1 2016. 3. The Infinity Hybrid Heat system with Greenspeed intelligence is the most efficient ducted, air-source dual-fuel system available according to Wrightsoft Comfort Builder estimated average annual combined heating and cooling operating costs as of 1-21-2013. The Infinity Hybrid Heat system with Greenspeed intelligence offers among the best in energy efficiency 3 and ultra-quiet performance, making it an environmentally sustainable solution for residential heating and cooling. 19

Supporting communities where we live and work 20

Connecting with our customers Industry Events Strategic Marketing Customer Training 21

THIS IS UTC CLIMATE, CONTROLS & SECURITY