X0206 3 2023-03-01 0 0001781335 Otis Worldwide Corp OTIS 0001967969 Loh Sally 1 CARRIER PLACE FARMINGTON CT 06032 0 1 0 0 President, Otis China Common Stock 11579.12 D Restricted Stock Units (RSUs) 0 Common Stock 922 D Restricted Stock Units (RSUs) 0 Common Stock 566 D Restricted Stock Units (RSUs) 0 Common Stock 2187 D Restricted Stock Units (RSUs) 0 Common Stock 289 D Restricted Stock Units 0 Common Stock 8146 D Stock Appreciation Rights 83.63 2033-02-06 Common Stock 3146 D Stock Appreciation Rights 81.85 2032-02-02 Common Stock 3371 D Stock Appreciation Rights 63.93 2031-02-04 Common Stock 3650 D Stock Appreciation Right 80.97 2030-02-03 Common Stock 8314 D Stock Appreciation Right 63.92 2029-02-04 Common Stock 9448 D Stock Appreciation Right 67.83 2028-01-01 Common Stock 8125 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 are scheduled to vest in three substantially equal annual installments beginning on the first anniversary of the date of grant. The date of grant was February 7, 2023. These RSUs are scheduled to vest in two substantially equal annual installments on the second and third anniversaries of the date of grant. The date of grant was February 3, 2022. These RSUs are scheduled to vest in two substantially equal annual installments on the second and third anniversaries of the date of grant. The date of grant was June 1, 2021. These RSUs are scheduled to vest on the third anniversary of the date of grant. The date of grant was February 5, 2021. These RSUs are scheduled to vest in full on the third anniversary of the date of grant. The date of grant was June 1, 2020. These stock appreciation rights (SARs) were granted on February 7, 2023. They are scheduled to become exercisable in three substantially equal annual installments beginning on the first anniversary of the date of grant. These SARs were granted on February 3, 2022. 1,123 became exercisable on the first anniversary of the date of grant and the remainder are scheduled to become exercisable in two substantially equal annual installments on the second and third anniversaries of the date of grant. These SARs were granted on February 5, 2021. A total of 2,433 became exercisable on the first and second anniversaries of the date of grant and the remainder are scheduled to become exercisable on the third anniversary of the date of grant. These SARs were granted on February 4, 2020. They vested in full on the third anniversary of the date of grant. These SARs were granted on February 5, 2019. They vested in full on the third anniversary of the date of grant. These SARs were granted on January 2, 2018. They vested in full on the third anniversary of the date of grant. Joshua Mullin, Attorney-in-Fact 2023-03-03