Otis Worldwide (OTIS) - 2024 Q3 - Quarterly Results

Exhibit 99 Quarter Ended September 30, Nine Months Ended September 30, OTIS REPORTS THIRD QUARTER 2024 RESULTS Otis delivers continued strong Service performance with high single digit Service sales growth • GAAP EPS up 47.3% and adjusted EPS up 1.1% • Service net sales up 7.2% and Service organic sales up 7.7% • Maintenance portfolio units increased 4.2% • Mod orders up 3%, backlog up 14%, up 12% at constant currency • GAAP cash flow from operations of $394 million; adjusted free cash flow of$381 million ...