Otis Celebrates the Opening of its New Training Center in Southeast Asia

Opening of Center demonstrates our commitment to supporting customers in the growing markets in Southeast Asia

Provides hands-on training for field operations and product development colleagues

SINGAPORE,Aug. 22,2022 --Otis (NYSE: OTIS),the world's leading company for elevator and escalator manufacturing,installation and service,celebrated the opening of its new training center in Southeast Asia.

The training center was opened by Grant Mooney,Managing Director of Southeast Asia (fourth from left) and Trakan Dankul,Managing Director of Thailand (third from left) along with other leaders and employees

"The Southeast Asia elevator and escalator market has been growing in recent years as cities focus on development of urban infrastructure to support their expanding populations," shares Grant Mooney,Managing Director of Southeast Asia at the opening ceremony. "The establishment of this center demonstrates our continued commitment to the region. We aim to better serve our customers and bring them closer to our advanced vertical transportation solutions."

Located in Bangkok,Thailand,the new training center houses a product area showcasing Otis's best-selling Gen2® Elevators andthe LinkTMescalator,as well as components to allow hands-on practice during training workshops along with a classroom for theory sessions.

"We will be utilizing the center for a series of training programmes including safety refresher courses,maintenance and technical workshops," saidTrakan Dankul,Managing Director,Thailand. "These workshops will facilitate the exchange of information amongst field operations and product development colleagues,and highlight the importance of our Otis Absolutes– Safety,Ethics,and Quality – to our teams."

Otis also plans to further develop the existing facility into a customer experience center in the future. "We are optimistic about our business in Southeast Asia and look forward to more innovative and creative ways to partner with our customers and transform the way we move people in cities across the region," said Mooney.

About Otis

Otis gives people freedom to connect and thrive in a taller,faster,smarter world. The global leader in the manufacture,installation and servicing of elevators and escalators,we move 2 billion people a day and maintain more than 2.1 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures,as well as residential and commercial buildings,transportation hubs and everywhere people are on the move. Headquartered in Connecticut,USA,Otis is 70,000 people strong,including 41,000 field professionals,all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more,visit www.otis.comand follow us on LinkedIn,Instagram,Facebookand Twitter@OtisElevatorCo.