X0508 4 2023-11-01 0001781335 Otis Worldwide Corp OTIS 0001629977 Embree Tracy A 1 CARRIER PLACE FARMINGTON CT 06032 0 1 0 0 President, Otis Americas 0 Restricted Stock Units 2023-11-01 4 A 0 7946 0 A Common Stock 7946 7946 D Stock Appreciation Rights 76.81 2023-11-01 4 A 0 25736 0 A 2033-10-31 Common Stock 25736 25736 D Restricted Stock Units 2023-11-01 4 A 0 44496 0 A Common Stock 44496 44496 D Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs. These RSUs and stock appreciation rights (SARs) vest in three equal annual installments beginning on the first anniversary of the Transaction Date. SARs become exercisable upon vesting. These RSUs, which were granted to the reporting person in respect of equity awards that the reporting person forfeited upon joining the issuer, vest in two equal installments on the first and second anniversaries of the Transaction Date. Caroline Coursant, Attorney-in-Fact 2023-11-02