Honeywell International (HON) Proxy Filing summary

Executive summary

• Achieved significant milestones in portfolio transformation, including the spin-off of Solstice Advanced Materials and the planned separation of Aerospace, positioning each business for focused strategies and sustainable value creation.

• Delivered 8% reported sales growth and 7% organic sales growth in 2025, with double-digit growth in Aerospace Technologies and accelerated growth in Building Automation.

• Deployed $10 billion in capital in 2025, exceeding the $25 billion commitment since 2023, with investments in M&A, dividends, share repurchases, and R&D.

• Advanced sustainability initiatives, with over 60% of new product R&D and sales contributing to sustainability outcomes and a commitment to carbon neutrality by 2035.

Voting matters and shareholder proposals

• Shareholders will vote on the election of 12 directors, an advisory say-on-pay vote, approval of Deloitte as independent accountants, a reverse stock split proposal, and a shareholder proposal on the right to act by written consent (Board recommends against the latter).

Board of directors and corporate governance

• Board refreshment included new directors with diverse backgrounds and expertise; anticipated realignment of directors between Honeywell and Honeywell Aerospace post-separation.

• 11 of 12 nominees are independent; 5 are women; 11 are ethnically or racially diverse.

• Robust governance practices include annual board and committee self-assessments, strong stock ownership guidelines, and proactive shareholder engagement.