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CORK, Ireland , Dec. 5, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) (the "Company" or "Johnson Controls"), a global leader for smart, healthy and sustainable buildings, today announced the pricing of its offering of $250 million senior notes due 2032 (the "Additional Notes"). The Additional Notes will be a further issuance of, and form a single series with, the existing $400 million aggregate principal amount of 4.900% senior notes due 2032 that were originally issued on September 14, 2022 by the Company and Tyco Fire & Security Finance, S.C.A., a subsidiary of the Company, as co-issuer. The net proceeds of the Additional Notes will be used for general corporate purposes, including the repayment, redemption or refinancing of outstanding commercial paper and other near-term indebtedness. General corporate purposes may also include acquisitions, additions to working capital, repurchase of ordinary shares, dividends, capital expenditures and investments in the Company's subsidiaries. The closing for the transaction is expected to occur on December 10, 2024 , subject to certain customary closing conditions. BofA Securities and US Bancorp are serving as joint lead book-running managers to facilitate the transaction. Barclays, BBVA and UniCredit Capital Markets are also serving as book-running managers of the offering. The offering of the Additional Notes is being made pursuant to an effective shelf registration statement, prospectus and related prospectus supplement. Copies of the prospectus supplement and the base prospectus may be obtained by contacting BofA Securities, Inc. toll-free at 1-800-294-1322; or U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607. Investors may also obtain these documents for free by visiting EDGAR on the Securities and Exchange Commission's website at www.sec.gov . This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Johnson Controls: At Johnson Controls, we transform the environments where people live, work, learn and play. As a global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, with a global team of experts, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Johnson Controls International plc Cautionary Statement Regarding Forward-Looking Statements Johnson Controls International plc has made statements in this communication that are forward-looking and therefore are subject to risks and uncertainties. Forward-looking statements may be identified by the use of words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "forecast," "project" or "plan" and terms of similar meaning are also generally intended to identify forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Johnson Controls cautions that these statements are subject to numerous important risks, uncertainties, assumptions and other factors, some of which are beyond Johnson Controls' control, that could cause actual outcomes to differ materially from those expressed or implied by such forward-looking statements, including, among others, risks related to: Johnson Controls' ability to develop or acquire new products and technologies that achieve market acceptance and meet applicable quality and regulatory requirements; the ability of Johnson Controls to execute on its operating model and drive organizational improvement; Johnson Controls' ability to successfully execute and complete portfolio simplification, including the completion of the divestiture of the Residential and Light Commercial business, as well as the possibility that the expected benefits of such actions will not be realized or will not be realized within the expected time frame; the ability to hire and retain senior management and other key personnel, including successfully executing Johnson Controls' Chief Executive Officer succession plan; the ability to innovate and adapt to emerging technologies, ideas and trends in the marketplace, including the incorporation of technologies such as artificial intelligence; the ability to manage general economic, business and capital market conditions, including the impact of recessions, economic downturns and global price inflation; fluctuations in the cost and availability of public and private financing for Johnson Controls' customers; the ability to manage macroeconomic and geopolitical volatility, including supply chain shortages and the conflicts between Russia and Ukraine and Israel and Hamas; managing the risks and impacts of potential and actual security breaches, cyberattacks, privacy breaches or data breaches, maintaining and improving the capacity, reliability and security of Johnson Controls' enterprise information technology infrastructure; the ability to manage the lifecycle cybersecurity risk in the development, deployment and operation of Johnson Controls' digital platforms and services; changes to laws or policies governing foreign trade, including economic sanctions, tariffs, foreign exchange and capital controls, import/export controls or other trade restrictions; fluctuations in currency exchange rates; changes or uncertainty in laws, regulations, rates, policies, or interpretations that impact Johnson Controls' business operations or tax status; the ability to adapt to global climate change, climate change regulation and successfully meet Johnson Controls' public sustainability commitments; risks and uncertainties related to the settlement with a nationwide class of public water systems concerning the use of Aqueous Film-Forming Foam; the outcome of litigation and governmental proceedings; the risk of infringement or expiration of intellectual property rights; Johnson Controls' ability to manage disruptions caused by catastrophic or geopolitical events, such as natural disasters, armed conflict, political change, climate change, pandemics and outbreaks of contagious diseases and other adverse public health developments; any delay or inability of Johnson Controls to realize the expected benefits and synergies of recent portfolio transactions; the tax treatment of recent portfolio transactions; significant transaction costs and/or unknown liabilities associated with such transactions; labor shortages, work stoppages, union negotiations, labor disputes and other matters associated with the labor force; and the cancellation of or changes to commercial arrangements. Investors are therefore cautioned not to place undue reliance on any forward-looking statements. For further discussion of certain of these factors, see Item 1A. Risk Factors in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2024 , filed with the U.S. Securities and Exchange Commission (the "SEC") on November 19, 2024 and in our subsequent and future filings with the SEC, which are available at www.sec.gov . Investors should understand that it is not possible to predict or identify all such factors and should not consider this list to be a complete statement of all potential risks and uncertainties. The forward-looking statements included in this communication are made only as of the date of this communication, unless otherwise specified, and, except as required by law, the Company assumes no obligation, and disclaims any obligation, to update forward-looking statements to reflect events or circumstances occurring after the date of this communication. INVESTOR CONTACTS: MEDIA CONTACT: Jim Lucas Danielle Canzanella Direct: 414.340.1752 Direct: 203.499.8297 Email: jim.lucas@jci.com Email: danielle.canzanella@jci.com Michael Gates Direct: 414.524.5785 Email: michael.j.gates@jci.com View original content to download multimedia: https://www.prnewswire.com/news-releases/johnson-controls-prices-senior-notes-offering-302324369.html SOURCE Johnson Controls International plc

Examining Generative AI / Cutting Through Chaos / Impersonations Via Generative AI Help Sway Polls; Interference Seen In U.S., Japan, SlovakiaTrump offers support for dockworkers union by saying ports shouldn't install more automated systemsLondon Mayor Sadiq Khan is reportedly set to receive a knighthood in the New Year Honours list, according to Whitehall sources. The Labour politician , who has served as the capital's mayor since 2016, is expected to be recognised for his political and public service. Khan, who made history as the first Muslim mayor of London , was re-elected for a third term earlier this year. His career in frontline politics spans nearly two decades, including his time as a Labour MP before taking up the role of mayor. However, news of the potential honour has sparked backlash. Reform Assembly Member Alex Wilson questioned the decision, describing it as a "kick in the teeth" to Londoners. Wilson told GB News: "For many months, Sadiq Khan has been staunchly defending the indefensible Labour Government. Now, we learn that Keir Starmer intends to honour Sadiq with a knighthood. "Londoners will be asking themselves, what for? His abject failure on knife crime? His failure to build affordable homes? His failure to keep our streets safe? His failure to protect working people?" Khan’s knighthood is expected to be part of a broader list of honours, which includes recognition for several other political figures. Long-serving Labour MP Emily Thornberry and former Blair-era health secretary Patricia Hewitt are reportedly set to receive damehoods. On the Conservative side , former Birmingham Mayor Andy Street, who lost his seat in May after seven years in office, is said to be among those receiving a knighthood, according to the Financial Times. Other Tories anticipated to be honoured include Nick Gibb, a former schools minister with over 25 years of parliamentary service, along with former MPs Ranil Jayawardena and Marcus Jones, who lost their seats in July’s general election. The draft honours list also includes figures from outside politics. Former England footballer David Beckham is widely speculated to be in line for a knighthood following his recent appearance at a Buckingham Palace banquet. Before the honours are finalised, the list must be signed off by Sir Keir Starmer and the King .How Is Gold Taxed?

WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman's Association, and Dennis Daggett, the union's executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November's election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”

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