Honeywell completes $1 billion senior notes offering for Solstice spin-off.

Honeywell has set a record date of October 17, 2025, for the spin-off of Solstice Advanced Materials. Shareowners of record will receive one Solstice share for every four Honeywell shares owned. The distribution is expected to occur on October 30, 2025, and Solstice is expected to begin trading on Nasdaq under the ticker symbol "SOLS".

Charlotte, N.C., Sept. 12, 2025 — Honeywell International Inc. (NASDAQ: HON) has set a record date of October 17, 2025, for the spin-off of Solstice Advanced Materials. The spin-off will distribute one share of Solstice common stock for every four shares of Honeywell common stock owned by shareowners of record on that date. The distribution is expected to occur on October 30, 2025, with Solstice common stock beginning to trade on the Nasdaq Stock Market LLC under the ticker symbol "SOLS" HONEYWELL BOARD OF DIRECTORS SETS RECORD DATE AND ANNOUNCES EXPECTED TIMING FOR SPIN-OFF OF SOLSTICE ADVANCED MATERIALS^[1].

Honeywell's board of directors has announced that the spin-off will be tax-free to Honeywell shareowners for U.S. federal income tax purposes, except for cash that shareowners may receive in lieu of fractional shares. The spin-off is subject to certain conditions, including the satisfaction or waiver of conditions set forth in the form of Separation and Distribution Agreement filed with the U.S. Securities and Exchange Commission (SEC) HONEYWELL BOARD OF DIRECTORS SETS RECORD DATE AND ANNOUNCES EXPECTED TIMING FOR SPIN-OFF OF SOLSTICE ADVANCED MATERIALS^[1].

Solstice Advanced Materials, a leading global specialty materials company, is expected to begin trading on a "when-issued" basis on or about October 20, 2025, under the ticker symbol "SOLS WI." Regular-way trading for Solstice common stock is expected to commence on October 30, 2025, under the ticker symbol "SOLS." Honeywell common stock is expected to continue trading "regular-way" under the ticker symbol "HON" from the record date through the distribution date HONEYWELL BOARD OF DIRECTORS SETS RECORD DATE AND ANNOUNCES EXPECTED TIMING FOR SPIN-OFF OF SOLSTICE ADVANCED MATERIALS^[1].

Additionally, Honeywell announced the successful closing of Solstice's $1 billion senior notes offering. The senior notes bear interest at a rate of 5.625% per annum, payable semi-annually in arrears, and will mature on September 30, 2033. Solstice will host an Investor Day on October 8, 2025, in New York City, where details on its future growth prospects and financial model will be discussed HONEYWELL BOARD OF DIRECTORS SETS RECORD DATE AND ANNOUNCES EXPECTED TIMING FOR SPIN-OFF OF SOLSTICE ADVANCED MATERIALS^[1].