Dear Valued Customer,

On October 8, 2024, Honeywell announced its plan to spin off the Advanced Materials business into an independent, U.S. publicly traded company, which is expected to be completed by late 2025 or early 2026.

We’re thrilled to share important updates about the business:

• Name: Solstice Advanced Materials
• Headquarters: Morris Plains, New Jersey, USA
• Leadership:
  • Non-Executive Chairman of the Board (post spin-off): Dr. Rajeev Gautam
  • President and CEO: David Sewell
  • Chief Financial Officer: Tina Pierce
  • Senior Vice Presidents and General Managers: Jeff Dormo and Simon Mawson

To learn more about the leadership, please see the press release.

This planned separation builds upon the powerful foundation we have created at Honeywell, positioning both companies to pursue tailored growth strategies, greater financial flexibility and unlock significant value.

Solstice Advanced Materials will be a publicly traded, sustainability-focused, specialty chemicals and materials pure play. With nearly $4 billion in revenue last year, Solstice Advanced Materials will offer leading technologies with premier brands including Fluka™, Hydranal™, Riedel De Haen™, Burdick & Jackson™ and BioSyn™.

As we establish a new standalone public company, our goal is to ensure a seamless transition for you from the Honeywell Advanced Materials business to Solstice Advanced Materials. In the coming weeks, we will have further outreach and communications to you regarding updates to certain contracts related to your company. We kindly request your close collaboration with us to achieve this goal.

We look forward to this exciting transition and continuing to serve you with innovative and sustainable solutions.