Carrier Global
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Carrier Global (CARR) investor relations material

Carrier Global Proxy Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Proxy Filing summary3 Mar, 2026

Executive summary

  • The annual meeting will be held virtually on April 15, 2026, with voting eligibility for shareholders of record as of February 19, 2026.

  • 2025 was marked by challenging market conditions, but strategic focus and disciplined execution positioned the company for long-term value creation.

  • The company delivered net sales of $21.75 billion, with strong commercial HVAC and aftermarket performance, and returned $3.7 billion to shareholders through dividends and share repurchases.

  • Continued investment in innovation, digital solutions, and sustainability initiatives, including new product launches and expanded data center capabilities.

  • Board and management engagement with shareholders and focus on governance, risk oversight, and responsible AI integration.

Voting matters and shareholder proposals

  • Shareholders will vote on the election of 10 directors, an advisory say-on-pay vote for executive compensation, and ratification of PricewaterhouseCoopers LLP as independent auditor for 2026.

  • The board recommends voting FOR all director nominees, the say-on-pay proposal, and auditor ratification.

  • Shareholders may submit proposals and director nominations for the 2027 meeting according to specified deadlines and procedures.

Board of directors and corporate governance

  • The board consists of 10 members, 8 of whom are independent, with diverse backgrounds in leadership, finance, operations, and international business.

  • Regular board and committee self-evaluations, annual director elections, and majority voting in uncontested elections.

  • Board refreshment included the appointment of Amy Miles, enhancing diversity and expertise.

  • Lead Independent Director role provides robust oversight and facilitates independent director engagement.

  • Share ownership requirements and prohibitions on hedging, short sales, and pledging of company securities.

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Frequently asked questions

Carrier Global Corporation is a provider of heating, ventilating, and air conditioning (HVAC) cooling products and technologies, refrigeration and food safety solutions that help customers improve the performance of their buildings and processes. The company offers a range of heating, ventilation, and air conditioning systems for residential, commercial, and industrial applications; ceiling fans; commercial refrigeration systems; wiring devices for alarms, fire protection, radios, phones, computers, and televisions; professional-grade building automation systems; security and surveillance products; prefabricated fire protection walls and door panels; aircraft auxiliary power unit engines; highly efficient compressors for mobile air conditioners used in recreational vehicles (RVs); cellular phone signal carriers, integrated into mobile home roofs; lithium-ion batteries that serve as an alternative to generators; prefabricated shelters designed to protect communications equipment during adverse weather conditions or a nuclear disaster. It also provides job site services consisting of installation, set-up commissioning, maintenance program implementation support. In addition, the company offers post-construction services through its Carrier Advantage program for HVAC installations.

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