1. U.S. Russia Energy Efficiency Workshop November 17, 2010 Public Sector Energy Efficiency Financing Presenter – Amy Chiang, VP Global Energy Government Relations

2. Honeywell Proprietary Honeywell.com 2 Document control number Nearly 50% of Honeywells product portfolio is linked to energy efficiency. The U.S. could reduce its energy consumption 20 – 25% by immediately and comprehensively adopting existing Honeywell technologies. Air Traffic Modernization BiofuelsGreen BuildingsReduced Emissions Industrial Process Efficiency Energy Efficiency, Demand Response & Smart Grid Energy Performance Contracts Fuel Efficiency Creating sustainable jobs today using existing technology and infrastructure

3. Honeywell Proprietary Honeywell.com 3 Document control number Role Government and NGOs Play

4. Honeywell Proprietary Honeywell.com 4 Document control number US Federal, State, Local Government Engagement Legislation Enabling EPC process –Vendor selected based on qualifications –Project components competitively bid –Open book pricing guarantees competition Financial Incentives –Tax incentives –Energy Efficiency Grants –Loan Guarantees –Stimulus Funding Inducements –Executive Orders for Federal Agencies –Sustainability goals –2020 GHG reduction targets within 90 days –Push for Building Codes Billions Funneled through State, Local Govt Creating 3 - 4 Million jobs

5. Honeywell Proprietary Honeywell.com 5 Document control number Specific U.S. Stimulus Package Programs US Department of Energy –Energy Efficiency and Conservation Block Grants (EECBG) - $3.2 billion States, Units of Local Government, Indian Tribes –State Energy Program (SEP) - $3.1 billion State Energy Offices –Electric Delivery and Energy Reliability (Smart Grid) - $4.5 billion –Weatherization Assistance Program (WAP) - $5.0 billion States, community action agencies, other non-profits and local governments. US Department of Education –Modernization of Schools and Higher Education Facilities - $4.5 Billion States General Services Administration –High-Performance Green Buildings - $4.5 billion General Services Administration for federal facilities. Department of Defense Modernization - $3.6 billion –Modernization of DOD facilities, including energy-efficiency improvements.

6. Honeywell Proprietary Honeywell.com 6 Document control number Impact of Leveraging Incentives Grants + ARRA + Funds + Guaranteed Program Maximizes Impact, Minimizes Economic Risk * Illustration for comparison purposes

7. Honeywell Proprietary Honeywell.com 7 Document control number Case Studies

8. Honeywell Proprietary Honeywell.com 8 Document control number Minneapolis Public Housing Savings Fund Improvements, Capital Preserved for Core Mission.… Providing Quality, Affordable Housing Manufactured Products Local Labor Engineers Mechanical Contractors Electrical Contractors Residents GREEN JOBS Facility Improvements High Efficiency Boilers Weather Stripping New Controls New Lighting New Stoves Water Conserving Showers Economics Bank Investment -- $33.6M Guaranteed Savings -- $3.7M/yr Payback Period -- 20 years Jobs Created -- 250 Savings Pay for Program Reduced Energy Dependence Significant Job Creation

9. Honeywell Proprietary Honeywell.com 9 Document control number City of London, UK Solution - Honeywell EPC Phase I (May 2009): $6.2M USD project in 22 buildings –Lighting Replacement and Controls –Upgraded Building Energy Management Controls –Control of PCs during night time and in stand-by mode –Building Fabric Improvements –Installation of CHP Plant –Installation of Solar Thermal Hot Water System Benefits First C40 City to initiate a CCI Retrofit Program Guaranteed energy savings of $1.0+M per year CO 2 reduction of 3,648 metric tons per year Improved Facility Infrastructure 25% electrical and 20% gas reduction Customer Issues Reduce GHG Emissions and Energy Costs. Joined C40 Climate Leadership Group to share in best practices and committed to reducing its Greenhouse Gas (GHG) Emissions under the Clinton Climate Initiative. Challenge Reduce carbon emissions in 100 public buildings by 25%+ as part of mayors target to reduce total emissions 60% by 2025 Project paybacks of 10 years or less