Community Engagement

Each year, Carrier volunteers with local organizations in the communities where we live and work. Thanks to the expertise, creativity and passion of our employees, we are making a difference in all of the places we call home: • Since 1994, our employees have helped build more than 140 Habitat for Humanity® homes around the world, including the U.S., South

Africa and the Philippines. In 2019, Carrier participated in Habitat for Humanity’s Jimmy & Rosalynn Carter Work Project for the second consecutive year, where hundreds of employees helped build a north Nashville housing community alongside the former U.S. president and first lady. For each of the 21 homes built,

Carrier also donated an Infinity 16 Heat Pump system paired with an Infinity System Control for even greater potential energy savings.

• Our employees have a particular interest in skills-based volunteerism, so we are supporting them through collaborations with leading STEM nonprofits, like FIRST robotics.

In 2019 our employees mentored 27 FIRST teams comprised of dozens of students who aspire to be the next generation of engineers, scientists and advanced manufacturing professionals. • Our employees recognize the importance of conserving our oceans and protecting threatened and endangered species. Just five miles from Carrier’s world headquarters is

Juno Beach, one of the most active sea turtle nesting beaches in the world. In 2019, our employees volunteered to clean up the beach, and we also sponsored the rehabilitation of a juvenile loggerhead sea turtle, a patient at the Sea Turtle Hospital at Loggerhead

Marinelife Center.

GOVERNANCE

We are committed to strong corporate governance practices that are designed to maintain high standards of oversight, accountability, integrity and ethics, while promoting long-term growth in shareowner value.

These standards are reflected in our Code of Ethics, Governance Guidelines, Enterprise Risk Management processes and in our commitment to transparent financial reporting and strong internal controls. Our governance structure enables independent, experienced and accomplished directors to provide advice, insight and oversight of our business.