CARR · CARRIER GLOBAL Corp

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its NORESCO business to OPTERRA Energy Services, a subsidiary of LS Power. Jefferies LLC served as financial advisor to Carrier. Akerman LLP served as external legal counsel. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today reported better than expected financial results for the second quarter of 2026. "We ended the first half with a stronger than expected second quarter, including better sales, adjusted EPS and free cash flow," said Chairman & CEO David Gitlin. "Organic sales returned to growth earlier than expected, up 3%, driven by strong performance in our CSA segment. Improving Residential and Light Commercial markets in CSA and CSE are encouraging. Orders were very strong globally in the second quarter supported by continued data center demand. Given record backlog levels and our year-to-date performance, we are raising our full-year outlook and now expect sales of about $23 billion and adjusted EPS of ~$2.90." 1 Excludes NORESCO (exit announced) and Riello (exit completed on July 1, 2026) Second Quarter 2026 Results Total Company (Unaudited) Three Months Ended June 30 (In

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that it has signed a definitive agreement to sell its NORESCO business to OPTERRA Energy Services, a subsidiary of LS Power. The transaction is expected to close shortly. "The sale of NORESCO represents Carrier's continued commitment to portfolio simplification, allowing us to remain laser-focused on growth and innovation within our core businesses," said Carrier Chairman & CEO David Gitlin. "I want to thank the NORESCO team for their dedication and contributions to Carrier. We are confident that with OPTERRA, NORESCO is exceptionally well-positioned to continue delivering energy-efficiency solutions and long-term sustainable value to its customers." Jefferies LLC is serving as financial advisor to Carrier. Akerman LLP is serving as external legal counsel. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced the election of Neil Barua, President and Chief Executive Officer of PTC Inc., to its Board of Directors, effective immediately. He will serve on the Board's Technology and Innovation and Compensation Committees. "Neil brings to Carrier a track record of successfully leading scale enterprises while applying AI to drive digital transformations across industrial companies," said David Gitlin, Chairman & CEO, Carrier. "His experience will strengthen our Board as we continue advancing intelligent climate and energy solutions and delivering greater value for our customers. We are excited to welcome Neil to our Board." Mr. Barua has been President and Chief Executive Officer of PTC Inc. since 2024. Previously, he led PTC's Service Lifecycle Management business following the company's acquisition of ServiceMax in 2023. Before joining PTC, he was Chief Executive Officer of

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has acquired 75F , a leading innovator in cloud-native, wireless, AI-enabled building automation systems. The acquisition strengthens Carrier's intelligent building capabilities across applications — from complex applied systems and high-growth data centers to light commercial and retrofits. "Buildings are becoming intelligent and autonomous systems that continuously learn, adapt and optimize performance," said David Gitlin, Chairman & CEO, Carrier. "Through Carrier ClimaVision™, we have already seen firsthand the power of 75F's cloud-native, AI-enabled platform. This acquisition accelerates our strategy to create increasingly autonomous and self-optimizing buildings by bringing together connected equipment, intelligent controls and digital solutions in a unified platform that simplifies deployment, connects building data and enables agentic AI." The combination

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its second quarter 2026 earnings on Tuesday, July 28, 2026 and host a conference call and webcast at 7:30 a.m. ET. We encourage you to join through our webcast link . A corresponding presentation and news release will be available on www.ir.carrier.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Carrier investor relations at [email protected] for alternative dial-in information. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food,

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its Riello business to Ariston Group for gross proceeds of approximately $440 million. "The sale of Riello reflects Carrier's disciplined portfolio management as we continue to focus our resources on delivering differentiated climate and energy solutions. Sale proceeds enhance our ability to invest in our core businesses, innovation and value creation for our customers and shareowners," said David Gitlin, Chairman & CEO of Carrier. "We are grateful to the Riello team for their many contributions to Carrier and are confident that Ariston Group is well-positioned to drive the business's next phase of growth." BofA Securities acted as exclusive financial advisor to Carrier, and Linklaters LLP acted as external legal counsel in connection with the transaction. About Carrier Carrier Global Corporation, global leader in intelligent

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.24 per outstanding share of Carrier common stock. The dividend will be payable on August 10, 2026 to shareowners of record at the close of business on July 21, 2026. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center

Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the Wells Fargo 16 th Annual Industrials & Materials Conference on Tuesday, June 9, 2026, at 10:15 a.m. CT (11:15 a.m. ET). The event will be broadcast live at ir.carrier.com . A webcast replay will be available on the website following the event. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center

Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the Wolfe Research 19 th Annual Global Transportation & Industrials Conference on Tuesday, May 19, 2026, at 9:10 a.m. ET. The event will be broadcast live at ir.carrier.com . A webcast replay will be available on the website following the event. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of

Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the Wolfe Research 19 th Annual Global Transportation & Industrials Conference on Tuesday, May 19, 2026, at 12:50 p.m. ET. The event will be broadcast live at ir.carrier.com . A webcast replay will be available on the website following the event. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of

Data center orders up over 500%; backlog fully covers expected 2026 data center sales Total company orders 1 up 11%; Commercial HVAC 1 up 35% Net sales up 2%; organic sales down 1% GAAP EPS of $0.28 and adjusted EPS of $0.57 Net cash flows from operating activities of $79 million and free cash flow of ($15) million Returned ~$500 million to shareholders through dividends and repurchases Reaffirms full year outlook Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today reported financial results for the first quarter of 2026. "We started the year with better-than-expected sales performance across the portfolio," said Carrier Chairman & CEO David Gitlin. "Orders in our global Commercial HVAC 1 business increased 35%, helped by data centers which were up over 500% in the quarter. The strong double-digit sequential increase in Commercial HVAC backlog gives us the confidence to drive our sixth consecutive year of double-digit growth in

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that its venture group, Carrier Ventures, has expanded its investment in ZutaCore , a provider of direct-to-chip, waterless liquid cooling solutions. The move strengthens a strategic partnership to support high-density AI data centers and advances Carrier's strategy to deliver integrated solutions across the data center thermal lifecycle. It expands its capabilities in advanced liquid cooling technologies, including interoperable single and two-phase cooling systems. These capabilities further enhance Carrier's broader QuantumLeap ™ suite of thermal and integrated management solutions. "AI is fundamentally reshaping data center architecture, with thermal management emerging as a key constraint to scale," said Christian Senu, Vice President, Global Data Centers, Carrier. "This investment strengthens our ability to deliver advanced liquid cooling solutions that help

Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.24 per outstanding share of Carrier common stock. The dividend will be payable on May 22, 2026 to shareowners of record at the close of business on May 4, 2026. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its first quarter 2026 earnings on Thursday, April 30, 2026 and host a conference call and webcast at 7:30 a.m. ET. We encourage you to join through our webcast link . A corresponding presentation and news release will be available on www.ir.carrier.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Carrier investor relations at [email protected] for alternative dial-in information. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that its venture group, Carrier Ventures, has made a strategic investment in Heat Geek , a UK-based startup helping accelerate residential heat pump adoption across Europe. Heat Geek operates a digital sales platform that connects homeowners with Heat Geek-certified, highly trained local installers who use advanced AI-powered tools to design and install the most efficient heat pump system for each home. The homeowner-friendly platform supports the process end-to-end, from system design and quoting to financing, grants and installation. As more homes across Europe transition from gas boilers to electric heat pumps, a homeowner's ability to find installers with the right expertise is critical. Carrier's investment supports its strategy to expand electrified heating solutions in Europe and help more households adopt high-efficiency heat pumps. The benefit is twofold:

Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the 2026 J.P. Morgan Industrials Conference on Wednesday, March 18, 2026, at 2:15 p.m. ET. The event will be broadcast live at ir.carrier.com . A webcast replay will be available on the website following the event. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information,

Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will participate in a fireside chat at the Barclays 43 rd Annual Industrial Select Conference on Thursday, Feb. 19, 2026, at 8:05 a.m. ET. Later that afternoon he will be joined by Chief Financial Officer Patrick Goris in a fireside chat at the Citi 2026 Global Industrial Tech & Mobility Conference at 1:00 p.m. ET. Both events will be broadcast live at ir.carrier.com . A webcast replay will be available on the website following the event. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today reported financial results for the fourth quarter and full year of 2025. "We continue to drive outsized growth in commercial HVAC 1 with Q4 orders up nearly 50% driven by key data center wins and are well positioned to drive our sixth consecutive year of double-digit growth in this business in 2026. Our aftermarket 1 playbook also continues to yield results, reflected in our fifth consecutive year of double-digit growth. We continue to control the controllables, reducing discretionary costs and building backlog in our long-cycle businesses to mitigate residential market challenges," said Carrier Chairman & CEO David Gitlin. 1 Excludes NORESCO Fourth Quarter 2025 Results Total Company (Unaudited) Three Months Ended December 31 (In millions) 2025 2024 Change Net sales $ 4,837 $ 5,148 (6) % Organic sales (9) %

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its fourth quarter 2025 earnings on Thursday, February 5, 2026 and host a conference call and webcast at 7:30 a.m. ET. We encourage you to join through our webcast link . A corresponding presentation and news release will be available on www.ir.carrier.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Carrier investor relations at [email protected] for alternative dial-in information. About Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of