Exhibit 99 OTIS REPORTS THIRD QUARTER 2025 RESULTS Otis delivers 6% organic Service sales growth with strong Service operating profit margin expansion, and increases the midpoint of 2025 EPS outlook Third quarter 2025 Year-to-date 2025 FARMINGTON, Conn., October 29, 2025 – Otis Worldwide Corporation (NYSE:OTIS) reported third quarter 2025 net sales of $3.7 billion with organic sales up 2% versus the prior year. GAAP earnings per share (EPS) decreased 29% to $0.95 and adjusted EPS increased 9% to $1.05. "Oti ...

Core Insights - Otis Worldwide Corporation (OTIS) is set to report its third-quarter 2025 results on October 29, with adjusted earnings expected to show a 4.2% increase year-over-year, while net sales are projected to grow by 2.8% [1][3]. Financial Performance - In the last reported quarter, adjusted earnings exceeded the Zacks Consensus Estimate by 2.9%, while net sales fell short by 2.4%. Year-over-year, both top and bottom lines decreased by 0.2% and 1%, respectively [1][2]. - The Zacks Consensus Estimate for adjusted EPS has risen to $1.00 from 99 cents over the past month, indicating a year-over-year increase from 96 cents [3]. Sales and Segment Analysis - The Service segment, contributing 64.5% of net sales in Q2 2025, is expected to drive year-over-year growth in net sales, supported by strong demand in maintenance, repair, and modernization projects [4][9]. - Conversely, the New Equipment segment, which accounted for 35.5% of Q2 2025 net sales, is anticipated to see a decline of 5.1% in net sales due to challenges in China and Europe [6][7]. Margin Insights - The New Equipment segment's margins are under pressure from reciprocal tariff rates and unfavorable pricing, while the Service segment is expected to benefit from higher volume and favorable pricing, leading to overall margin stability [8][10]. - Adjusted operating margin for the New Equipment segment is predicted to decrease by 320 basis points to 3.2%, while the Service segment's margin is expected to increase by 60 basis points to 25.4% [10]. Earnings Prediction - The model predicts an adjusted EBITDA increase of 2.9% year-over-year to $665.9 million, with the adjusted EBITDA margin remaining relatively flat [11]. - The combination of a positive Earnings ESP of +0.02% and a Zacks Rank of 3 suggests a favorable outlook for an earnings beat in the upcoming report [12][13].

Group 1: Investment Trends in China - Since 2025, China has increased innovation investment and expanded production in emerging sectors, attracting foreign investment and enhancing the resilience of its economy [1] - The automotive industry in China is rapidly transitioning towards intelligence and electrification, drawing overseas suppliers to increase innovation investments [3][5] - The large-scale equipment renewal policy has shown significant results, with equipment purchase investment growth consistently above 10%, becoming a key driver of investment growth [7] Group 2: Key Developments in Specific Companies - Valeo Group has established a new manufacturing base in Shanghai focused on intelligent driving technologies, highlighting China's role in upgrading automotive component manufacturers' technologies [3] - Otis, the largest elevator manufacturer globally, is deeply involved in China's residential elevator renewal projects, covering 34 cities, and views the Chinese market as crucial for future growth [9][11] - Sanofi has launched a production base in Beijing with an investment of €1 billion (approximately 6.7 billion RMB), marking its largest single investment in China, reflecting confidence in the long-term development of the Chinese market [13][15]

Core Viewpoint - Otis Worldwide is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates in the last two quarters with an average surprise of 2.02% [1][5]. Earnings Performance - For the last reported quarter, Otis Worldwide achieved earnings of $1.05 per share, exceeding the Zacks Consensus Estimate of $1.02 per share, resulting in a surprise of 2.94% [2]. - In the previous quarter, the company was expected to report earnings of $0.91 per share but delivered $0.92 per share, yielding a surprise of 1.10% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Otis Worldwide, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Otis Worldwide is +0.02%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Upcoming Earnings Report - The next earnings report for Otis Worldwide is expected to be released on October 29, 2025 [8].

Core Viewpoint - Purcell & Lefkowitz LLP is investigating Palisade Bio, Inc. to determine if the company's directors breached their fiduciary duties related to recent corporate actions [1]. Group 1 - The investigation is being conducted on behalf of Palisade Bio's shareholders [1]. - Shareholders interested in more information about their rights and options can contact Purcell & Lefkowitz LLP [2]. - The law firm specializes in representing shareholders affected by securities fraud and breaches of fiduciary duty [3].

Group 1: Conference Overview - The 2025 Sustainable Global Leaders Conference will be held from October 16 to 18 in Shanghai, focusing on "Collaborating to Address Challenges: Global Action, Innovation, and Sustainable Growth" [1] - The conference is co-hosted by the World Green Design Organization (WGDO) and Sina Group, with support from the Shanghai Huangpu District Government [1] - Approximately 500 prominent guests, including 100 international attendees, will participate, featuring politicians, Nobel laureates, and leaders from Fortune 500 companies [1] Group 2: Industry Insights - Building energy consumption accounts for 30% of global energy use, making it a critical area for urban low-carbon transformation [4][6] - Otis, as a leader in the elevator industry, aims to unlock significant decarbonization potential in the industrial sector through infrastructure upgrades [4][8] - There are over 20 million elevators in operation globally, with 7 million nearing the end of their lifespan, indicating a substantial decarbonization opportunity in urban infrastructure [4][8] Group 3: Technological Innovations - The adoption of second-generation elevators with region drive technology can reduce energy consumption by 75% compared to traditional hydraulic systems [8] - The integration of IoT, machine learning, and AI in third-generation elevators enhances operational efficiency and energy savings [8] - The collaboration between private innovation and public policy is essential for achieving net-zero goals, with China exemplifying this integration [8][9] Group 4: Government Support and Market Trends - Government financing mechanisms are facilitating the large-scale upgrade of old elevators, with an estimated 100,000 units expected to be replaced this year [9] - The current trends indicate that cash-strapped buildings will constitute 80% of the building stock by 2050, emphasizing the importance of energy-efficient technologies [9]

Core Insights - The average stock performance of companies with the highest paid women CEOs has underperformed compared to the S&P 500, with a gain of only 16.3% last year versus the S&P 500's 23.3% [1] - Year-to-date, these stocks have risen an average of just 5.9%, trailing the S&P 500's 11.5% gain [2] Company Performance - Otis Worldwide, led by CEO Judith Marks, had a 2024 compensation of $42.1 million, but its shares rose only 3.5% last year and are down 3.5% this year [3] - Equinix, with CEO Adaire Rita Fox-Martin earning $37 million, saw its shares increase by 17.1% last year, although they are down 15% year-to-date [4] - Citigroup's CEO Jane Fraser, with a pay of $31.1 million, achieved a nearly 37% increase in shares last year and an additional 33% gain this year [5] Summary of Top Paid Women CEOs - The following table summarizes the performance and compensation of the top paid women CEOs in 2024: | Company | Symbol | CEO | 2024 Stock % Change | YTD Stock % Change | 2024 Pay ($ million) | |---------------------|--------|-----------------------|---------------------|---------------------|-----------------------| | Otis Worldwide | | Judith Marks | 3.5% | -3.5% | 42.1 | | Equinix | EQIX | Adaire Rita Fox-Martin| 17.1% | -15.0% | 37 | | Citigroup | | Jane Fraser | 36.8% | 33.2% | 31.1 | | Advanced Micro | | | -18.1% | 78.4% | 31 | | General Motors | | Mary Barra | 48.3% | 3.9% | 29.5 | | Williams-Sonoma | | Laura Alber | 83.5% | -2.0% | 27.7 | | Expedia Group | | Arlane Gorin | 22.8% | 12.9% | 25.1 | | Canaan | | Julie Sweet | -11.3% | -47.2% | 24.9 | | United Parcel | | Carol Tome | -19.8% | -34.2% | 24.1 | | Northrop Grumman | | Kathy Warden | 0.2% | 32.9% | 24.1 | [6][7]

Core Insights - Otis Worldwide Corporation, based in Farmington, Connecticut, specializes in vertical transportation systems, including elevators, escalators, and moving walkways, with a market capitalization of $35.8 billion [1] Financial Performance - Analysts anticipate Otis to report a fiscal Q3 profit of $1 per share, reflecting a 4.2% increase from $0.96 per share in the same quarter last year [2] - For the current fiscal year ending in December, the expected profit is $4.03 per share, a 5.2% rise from $3.83 per share in fiscal 2024, with further growth projected to $4.32 per share in fiscal 2026, representing a 7.2% year-over-year increase [3] Stock Performance - Over the past 52 weeks, Otis shares have decreased by 9.8%, underperforming the S&P 500 Index, which rose by 17.4%, and the Industrial Select Sector SPDR Fund, which increased by 14.8% [4] - Following the mixed Q2 results, Otis shares fell by 12.4%, with overall revenue declining slightly year-over-year to $3.6 billion, which was 2.2% below analyst expectations [5] Analyst Ratings - The overall consensus among Wall Street analysts is a "Hold" rating for Otis, with four recommending "Strong Buy," one suggesting "Moderate Buy," six advising "Hold," and two indicating "Strong Sell" [6] - The mean price target for Otis is $99.91, suggesting a potential upside of 9.5% from current levels [6]

Upgrades - Seaport Research upgraded Constellation Energy (CEG) to Buy from Neutral with a price target of $407, anticipating more datacenter power deal announcements and positive earnings revisions for thermal IPPs before year-end [2] - Wolfe Research upgraded Otis Worldwide (OTIS) to Outperform from Peer Perform with a price target of $109, noting that downside risk to Q4 outlook is widely anticipated but offsetting positive developments could drive more bullish positioning [3] - JPMorgan upgraded Ionis Pharmaceuticals (IONS) to Overweight from Neutral with a price target of $80, up from $49, citing multiple launches that position the company on a path to breakeven [4] - Needham upgraded Penumbra (PEN) to Buy from Hold with a price target of $326, expecting significant growth acceleration in 2026 due to upcoming product launches and easing headwinds in China [4] - Deutsche Bank upgraded Northrop Grumman (NOC) to Buy from Hold with a price target of $700, up from $575, forecasting strong free cash flow post-2028 as key programs become cash profitable [5] Downgrades - HSBC downgraded Intel (INTC) to Reduce from Hold with a price target of $24, up from $21.25, indicating that while short-term deal announcements may drive stock higher, sustainable turnaround relies on fab execution [6] - JPMorgan downgraded FedEx (FDX) to Neutral from Overweight with a price target of $274, down from $284, based on recent channel checks suggesting a lower multiple for FedEx's freight segment [6] - Oppenheimer downgraded Edwards Lifesciences (EW) to Perform from Outperform with no price target, indicating a structural nature to the downgrade despite potential TAVR upside in Q3 [6] - BofA downgraded Freshpet (FRPT) to Neutral from Buy with a price target of $60, down from $81, citing deteriorating growth in the pet food category due to slowed pet adoptions and reduced consumer spending [6] - Oppenheimer downgraded Incyte (INCY) to Perform from Outperform with a price target of $82, up from $81, due to high expectations for several products and new management [6]

Core Viewpoint - Otis Worldwide Corporation will host a conference call on October 29, 2025, to discuss its third quarter results and outlook for 2025 [1]. Group 1: Conference Call Details - The conference call will take place at 8:30 a.m. ET, featuring Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez [1]. - A webcast link will be provided for participants, along with a presentation and news release available on the company's website prior to the call [2]. - A recording of the call will be accessible on the website later in the day, and alternative dial-in information can be obtained by contacting Otis investor relations [2]. Group 2: Company Overview - Otis is a global leader in the manufacture, installation, and servicing of elevators and escalators, moving 2.4 billion people daily and maintaining approximately 2.4 million customer units worldwide [3]. - The company is headquartered in Connecticut, USA, and employs 72,000 people, including 44,000 field professionals [3]. - Otis operates in over 200 countries and territories, serving various sectors including iconic structures, residential and commercial buildings, and transportation hubs [3].