Important Announcement Upcoming Price Changes effective July 1st 2023

Dear partner,

We have received an important pricing update from Honeywell going into effect on July 1st 2023. Following the impact of inflation on global market components, Honeywell has announced a price increase on selected lower-running products.

Effective date: July 1st, 2023

Products: portion of Honeywell’s lower-running products

How does this impact you?

• Any order placed, shipped and invoiced before the price change will remain at the current pricing
• Any active, approved Price Exception (PE) will be honored through its validity period. Upon expiration, they will be subject to adjusted pricing during renewal.
• New and existing Project Registrations (PRs) will be subject to adjustments in line with the updated price list beginning on July 1, 2023.
• Orders arising from a PE which are placed before July 1, 2023, that contain an unrestricted customer ship July 1, 2023, will be honored at the pricing in place at the time of the order.
• Orders placed on or after the effective date of July 1st 2023 will be subject to the updated pricing.

What actions should you take?

We highly recommend you review your current and future quotes and orders for the affected Honeywell products, also review current Price Exceptions for the affected products and their validity, making sure they are all up-to-date reflecting your and your customers’ needs.

You can continue to take advantage of Honeywell’s Partner Program benefits including Price Exception (PE), Project Registration (PR), Quick Quote (QQ), Promotions, Trade-In, etc.