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#NYSE:CARR

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 $0.225 per outstanding share of Carrier common stock. The dividend will be payable on May 22, 2025 to shareowners of record at the close of business on May 2, 2025.
Sensitech to Present Advanced Supply Chain Visibility Solutions at LogiPharma 2025

Sensitech will showcase its latest supply chain visibility technologies for the life sciences industry at LogiPharma 2025, held April 8–10 in Lyon, France. The highlight is the introduction of *Lynx FacTOR*, a device-agnostic SaaS solution designed to automate product release processes in pharmaceutical cold chains. This innovation significantly shortens product stability assessments from days to minutes, improving safety and efficiency.

Sensitech will also feature its *TempTale GEO X* real-time temperature monitoring device and *Lynx Logix* risk assessment software. Company experts will participate in panel discussions on aligning technology with temperature-controlled logistics and advancing sustainability through collaborative environmental practices. Attendees can explore these offerings and meet with experts at booths 123 and 78. Sensitech is a subsidiary of Carrier Global Corporation, a leader in climate and energy solutions.
Carrier Transicold launches mobile app to improve cold chain fleet management

Carrier Transicold has introduced a new mobile version of its Lynx Fleet digital platform, designed to give drivers and fleet managers real-time access to critical cold chain data on the go. Available across Europe for Android and iOS, the app allows users to monitor temperatures, asset conditions, and unit status in real time, improving operational efficiency and helping prevent cargo spoilage. Developed in collaboration with over 40 European test fleets, the app offers a streamlined interface, unlimited user access per account, and integration with the existing Lynx Fleet system to support cold chain compliance and reduce costly delays.
Carrier wins two top project awards for energy innovation and software implementation

Carrier Global Corporation has received two Top Project of the Year Awards at the 2025 Environment + Energy Leader Awards for its Abound solutions. The company was recognized in the Energy Innovation category for helping a major athletic retailer reduce energy use by over 15% across 400 stores and in the Software Implementation category for improving energy efficiency in over 2,100 stores of a U.S. discount retail chain, saving more than 145 million kWh and an estimated $6.9 million. These achievements reflect Carrier’s use of AI- and IoT-enabled tools to enhance operational efficiency and sustainability in retail environments.
Co-op has completed the UK's first trial of Carrier Transicold's new Supra HE 11 MT truck refrigeration unit, achieving a 25% reduction in fuel consumption and 10% less electricity use on standby. These efficiency gains could cut CO2 emissions by 2.5 tonnes per unit annually. Impressed by the results, Co-op has ordered 86 more units for 2025.

The Supra HE 11 MT is quieter, lighter, and more compact, reducing noise by 2dB(A) and requiring fewer maintenance visits. It enhances sustainability with fewer refrigerant leakage points. The trial unit, operating from Co-op’s Newhouse facility, will remain part of its 2,300-vehicle fleet. Carrier Transicold will also supply Co-op with 106 additional temperature-controlled systems in 2025.
Carrier Global Corporation has launched Lynx FacTOR, a software-as-a-service solution designed to automate pharmaceutical product release evaluations. This technology streamlines processes, minimizes manual labor, and enhances compliance with regulatory standards. By reducing assessment times from days to minutes, it accelerates batch release cycles and improves decision-making across the cold chain.

Pharmaceutical companies often face challenges related to manual data analysis, shipment delays, and compliance requirements. Lynx FacTOR provides a single source of truth by consolidating data from multiple sources, evaluating product viability in real time, and ensuring stability status. The solution aims to improve supply chain efficiency, reduce order lead times, and enhance operational accuracy.

Carrier executives emphasized that Lynx FacTOR represents a major advancement in pharmaceutical supply chain management, increasing patient safety while optimizing productivity. The solution is now available through Sensitech, a Carrier company, and will be showcased at LogiPharma 2025 in Lyon, France.
Carrier has announced the launch of its first Environmental Product Declaration (EPD) for residential HVAC systems in North America, reinforcing its commitment to sustainability and transparency. The EPD covers the Comfort Fan Coil and Performance Variable-Speed Compact Heat Pump, providing detailed environmental impact data, including carbon dioxide emissions, energy consumption, and resource usage.

This independent declaration follows ISO 14025 standards and is based on life cycle assessment (LCA) methodology, ensuring credibility and consistency in environmental performance evaluation. Carrier's initiative aligns with its broader sustainability strategy, which includes a $4 billion investment in intelligent climate and energy solutions aimed at reducing environmental impact and helping customers avoid more than one gigaton of greenhouse gas emissions by 2030.

Carrier was recently recognized as a 2024 Eco-Leader by Green Builder Media for its commitment to sustainability transparency, including the publication of 48 EPDs for HVAC products worldwide. By providing detailed environmental impact information, Carrier empowers consumers, contractors, and building professionals to make more sustainable choices.

The EPD for Carrier’s residential HVAC products is now available for download. For more information, visit carrier.com or follow @Carrier on X.
Carrier and Google Cloud are collaborating to enhance grid resilience through AI-powered home energy management systems. Carrier’s Home Energy Management System (HEMS) will integrate with Google Cloud’s AI analytics and WeatherNext models to optimize energy use in residential HVAC systems. The initiative aims to balance supply and demand across the grid by allowing homeowners to store and use battery energy during peak hours, reducing electricity costs and strain on the grid.

The partnership aligns with Google's goal of advancing carbon-free energy solutions and Carrier's commitment to reducing greenhouse gas emissions. By leveraging AI, the system will forecast energy demand, manage battery storage, and optimize HVAC performance based on real-time grid conditions and weather predictions. This technology is expected to improve energy efficiency, reduce grid congestion, and support economic growth.

Carrier’s next-generation heat pump, featuring battery storage and AI-driven grid interaction, was first announced at Climate Week NYC and will roll out in phases through 2027. The collaboration aims to create a more intelligent and flexible energy infrastructure, benefiting homeowners while supporting the broader transition to a sustainable energy ecosystem.
Carrier Global Corporation filed an SEC Form 8-K on January 15, 2025, announcing the appointment of Amy E. Miles as an independent director to its Board of Directors. Her term will extend until the 2025 Annual Meeting of Shareowners. Ms. Miles has also been appointed to the Board’s Audit Committee and Governance Committee. The appointment was not influenced by any arrangements or understandings with third parties, and neither she nor her immediate family members have any reportable transactions with the company.

Ms. Miles will receive compensation aligned with Carrier’s standard programs for non-employee directors. This development reflects Carrier’s commitment to strengthening its Board with experienced leaders. The filing also includes a press release detailing the appointment and relevant disclosures.