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

Solstice Advanced Materials has officially launched as an independent, publicly traded company following the completion of its spin-off from Honeywell International. The company's shares began trading on the NASDAQ Stock Market under the ticker symbol "SOLS" at market opening, marking a significant milestone in the 130-year history of the advanced materials business.

The newly independent company enters the market with substantial operational scale, including approximately 4,000 employees, 24 manufacturing facilities, and four research and development centers serving more than 3,000 customers across 120 countries and territories. This established infrastructure provides Solstice with immediate market presence and technical capabilities across multiple high-growth sectors.

David Sewell, President and Chief Executive Officer of Solstice Advanced Materials, emphasized the strategic advantages of independence. "Our independence positions us to capitalize on powerful secular trends shaping our industry – from regulatory-driven transitions in cooling and building solutions to the rapid proliferation of AI and advanced computing," Sewell stated. The company's leadership believes this focused approach will enable more agile responses to market opportunities and customer needs.

Solstice technologies support critical global industries including HVAC/R systems, semiconductor manufacturing, data center thermal management, nuclear energy, defense applications, and life sciences. The company's portfolio includes well-known brands such as Solstice, Genetron, Aclar, Spectra, Fluka, and Hydranal, supported by a robust intellectual property foundation of over 5,700 patents.

The spin-off transaction was executed through a distribution of Solstice common stock to Honeywell shareholders. Each Honeywell shareholder of record as of October 17, 2025, received one share of Solstice common stock for every four shares of Honeywell common stock held. This structure provides existing Honeywell investors with direct ownership in the newly independent materials company.

The separation allows Solstice to pursue specialized growth strategies tailored to the advanced materials sector, particularly in areas experiencing rapid technological transformation. The company's focus on high-performance solutions for energy efficiency, computing infrastructure, and industrial applications aligns with global trends toward sustainability and digitalization.

For ongoing investor communications, Solstice will utilize its Investor Relations website as a primary channel for disclosure. The company also maintains its corporate presence at www.Solstice.com, where stakeholders can access additional information about the company's technologies and market positions.

The transition to independent public company status represents a strategic realignment that could enhance Solstice's ability to innovate and compete in the dynamic specialty materials market. With dedicated leadership and focused resources, the company aims to accelerate development of next-generation materials that address evolving customer requirements across its diverse end markets.