Solstice Advanced Materials Begins Trading as Independent Public Company Following Honeywell Spin-Off

Solstice Advanced Materials, trading under the NASDAQ ticker symbol SOLS, has officially launched as an independent publicly traded company following the completion of its spin-off from Honeywell. The company brings more than 130 years of advanced materials heritage and begins its independent journey with approximately 4,000 employees, 24 manufacturing sites, and four research and development centers serving over 3,000 customers across 120 countries and territories. This structural separation allows Solstice to focus exclusively on its specialty materials portfolio, which includes technologies critical to HVAC/R systems, semiconductor manufacturing, data center thermal management, nuclear energy, defense applications, and life sciences.

David Sewell, President and Chief Executive Officer of Solstice Advanced Materials, emphasized the strategic advantages of independence, noting that the company is well-positioned to leverage powerful secular trends transforming multiple industries. These include regulatory-driven transitions in cooling and building solutions and the rapid expansion of artificial intelligence and advanced computing infrastructure. The company's differentiated technologies, strong customer relationships, and experienced leadership team provide a foundation for accelerated growth and long-term value creation. Investors can find additional information on the company's Investor Relations website, which serves as a primary channel for regulatory disclosures and investor communications.

The spin-off was executed through a distribution of Solstice common stock to Honeywell shareholders. Each Honeywell shareowner of record as of October 17, 2025, received one share of Solstice common stock for every four shares of Honeywell common stock held. This transaction enables both companies to pursue more focused business strategies, with Solstice concentrating on advancing materials science through renowned brands such as Solstice, Genetron, Aclar, Spectra, Fluka, and Hydranal. The company's robust intellectual property portfolio, comprising over 5,700 patents, supports innovation across diverse applications including refrigerants, healthcare packaging, protective fibers, and nuclear power components.

As an independent entity, Solstice can now prioritize investments in high-growth areas such as sustainable cooling solutions for data centers, materials for semiconductor fabrication, and next-generation nuclear technologies. The company's launch coincides with increasing global demand for energy-efficient systems and specialized materials that enable technological advancement across multiple sectors. With its established manufacturing footprint and research capabilities, Solstice is positioned to address complex challenges in thermal management, materials performance, and environmental sustainability while driving value for stakeholders through focused operational execution and strategic market expansion.