Johnson Controls Acquires Vindex Systems for Intelligent Business Protection

• Acquisition enhances Johnson Controls’ turnkey offering for security and safety solutions across the UK
• Reinforces Johnson Controls’ technical expertise, delivering system planning, design, implementation, installation, support and maintenance for a range of complex security requirements
• Further strengthens Johnson Controls’ capabilities involving electronic security

London, UK – Monday 22nd August, 2022 — Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced the acquisition of Vindex Systems, a successful systems integrator delivering intelligent business protection solutions. The acquisition will further strengthen Johnson Controls’ range of innovative and interconnected electronic security solutions designed to protect people, property and assets around the clock.

Delivering turnkey security solutions, including system planning and design through to implementation, installation, support and maintenance, Vindex Systems has built a reputation for outstanding technical capabilities. Delivering access control, CCTV and ANPR (automatic number plate recognition), all underpinned by excellent customer service, Vindex Systems harnesses the latest technologies to support a range of high-profile UK customers across the banking, retail, healthcare, aerospace and commercial property sectors.

“We are excited to welcome Vindex Systems to the Johnson Controls family. This acquisition demonstrates the strengthening of our holistic security and safety services,” said Carl Hogg, General Manager, Integrated Security Solutions, Johnson Controls UK&I. “With a long-established UK business with a strong reputation in security technology integration, Vindex Systems is led by a world-class team experienced in complex security integrations designed and delivered by service-focused experts and will extend our leadership in the segment and complement our strong service business in the region.”

“Joining Johnson Controls is a pivotal step for our team, providing an opportunity to build our reputation and deliver outstanding service to even more customers across the UK,” said Clive Talbot, CEO, Vindex Systems. “As the global leader in smart, healthy and sustainable buildings, Johnson Controls represents the benchmark in next-generation building management. We are excited to bring our security expertise together and look forward to continued success.”

Financial terms of the transaction were not disclosed.

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About Johnson Controls:

At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the 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 100,000 experts in more than 150 countries, 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.

For more information, visit www.johnsoncontrols.co.uk or follow us @JCI_UKI on Twitter.

About Vindex Systems Limited:

Vindex Systems Limited was formed in 2002 specialising in designing, delivering, and supporting Video Surveillance, Intruder Alarms, ANPR, Intelligent Vehicle Management Software and Access Control systems. The Vindex team is structured to deliver the very best levels of customer service. From the outset of a project the focus is entirely on establishing the individual needs of our clients. This appreciation translates into practical solutions that identify and protect the security risks at any given time.

Johnson Controls International plc Cautionary Statement Regarding Forward-Looking Statements

Johnson Controls International plc has made statements in this communication regarding the acquisition of Vindex Systems that are forward-looking and therefore are subject to risks and uncertainties. All statements in this document other than statements of historical fact are, or could be, "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. 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 the expected impact of the acquisition of Vindex Systems to differ materially from those expressed or implied by such forward-looking statements, include, among others, risks related to the ability to realise the anticipated benefits of the acquisition, including the possibility that expected synergies will not be realised or will not be realised within the expected time frame; delays in the successful integration of Vindex Systems; unfavorable reaction to the acquisition by customers, competitors, suppliers and employees, disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs; and unknown liabilities.

Other factors that could cause Johnson Controls' actual results to differ materially from those expressed include, among others the risks included in the section entitled "Risk Factors" in Johnson Controls' Annual Report on Form 10-K for the 2021 fiscal year filed with the SEC on November 15, 2021, which is available at www.sec.gov and www.johnsoncontrols.com under the "Investors" tab.

The description of certain of these risks is supplemented in Item 1A of Part II of Johnson Controls' subsequently filed Quarterly Reports on Form 10-Q. Shareholders, potential investors and others should consider these factors in evaluating the forward-looking statements and should not place undue reliance on such statements. The forward-looking statements included in this communication are made only as of the date of this document, unless otherwise specified, and, except as required by law, Johnson Controls assumes no obligation, and disclaims any obligation, to update such statements to reflect events or circumstances occurring after the date of this communication.

Media Contact:

Jess Bradbury / Kate Moore
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Investor Contact:

Michael Gates
Direct: +1 414.524.5785
Email: michael.j.gates@jci.com