Carrier Global Shareholders Approve Incentive Plan Expansion and Reelect Directors at 2025 Annual Meeting
PALM BEACH GARDENS, Fla., April 11, 2025 – Carrier Global Corporation (NYSE: CARR) today announced the results of its 2025 Annual Meeting of Shareowners, held on April 9. Shareholders approved an amendment to the Carrier Global Corporation 2020 Long-Term Incentive Plan, increasing the number of shares authorized for issuance by 17 million.

All ten nominated directors were reelected for one-year terms. Notably, Amy E. Miles and Max Viessmann received over 98% of votes cast in favor of their elections.

In other matters:

Shareholders approved, on an advisory basis, the 2024 compensation of Carrier’s named executive officers.

The appointment of PricewaterhouseCoopers LLP as independent auditor for 2025 was ratified with over 94% approval.

A shareholder proposal requesting a lobbying transparency report was rejected, with over 85% of votes cast against the proposal.

A quorum representing approximately 91% of outstanding shares was present at the meeting.