Kidde - Experts & Thought Leaders

Kidde, North America’s #1 home fire safety brand, and Ring, a pioneer in smart home security, announced a new partnership and innovative collection of Smart Smoke and Combination Alarms (Smoke + CO). Ring and Kidde are combining their respective expertise in smart home protection and fire safety to offer added peace of mind, control, and convenience. The alarms have Ring technology built-in, enabling customers to better protect their homes from anywhere. real-time smoke and CO alerts Customers can receive real-time smoke and CO alerts through the Ring app and opt into professional monitoring and emergency dispatch service through a new Ring 24/7 Smoke & CO Monitoring subscription ($5 per month), where trained agents can request emergency help and alert a customer’s emergency contacts in the event of an alarm. Home fires today are burning hotter and faster, causing more damage than ever before, which is why every second counts when it comes to a fire emergency. Together, Kidde and Ring are ensuring customers can act fast. The new offering will be showcased at CES 2025 providing attendees with an exclusive first look at the alarms before it hits U.S. shelves this spring.  Sensing technology The nuisance of low battery chirps is minimized by giving customers approximately 7 days advance notice Kidde’s enhanced sensing technology has 25% faster and up to three times more precise smoke detection, and the devices’ advanced technology also reduces false alarms often caused by cooking, which helps prevent consumers from disabling their alarms - and putting themselves at higher risk. Additionally, the nuisance of low battery chirps is minimized by giving customers approximately 7 days advance notice in the Ring app of their alarm battery running low, so they can replace the batteries before the alarm starts chirping. home fire and carbon monoxide safety “For over 100 years, Kidde has made it our mission to deliver home fire and carbon monoxide safety solutions that meet evolving consumer needs,” says Isis Wu, President of Global Residential Fire & Safety at Kidde. “Our partnership with Ring is a continuation of that commitment in a seamless and integrated way that provides an extra layer of smart home protection, as well as convenience at your fingertips, to help keep families safer.” Smart home protection “At Ring, we are making it easy for people to stay close to the things that matter most to them, and the safety of their homes and loved ones is chief among that,” says Charlie French, Director of Emerging Products at Ring. “We’re ecstatic to bring Ring to a new part of the house, giving customers more control of such critical safety products and enabling them to protect their home no matter where they are.” new alarms with Ring Kidde is also teaming up again with actor and certified “candle-guy” Eric Stonestreet to help introduce the new collection at Kidde’s booth at CES on January 7 from 12:45 pm -1:45 pm PST. “Since I recently discovered that I am capable of (sometimes, even prone to) making mistakes, I need backup for the times when I forget to blow out my favorite candle,” says Eric Stonestreet. “Kidde’s new alarms with Ring will help me better protect my home even when I’m not there and ultimately help keep my family safe." Smart Smoke and Combination Alarms The Kidde Smart Smoke and Combination (Smoke + CO) Alarms with Ring will retail for $54.97 and $74.97 respectively and be available exclusively at The Home Depot stores and online at HomeDepot.com in April 2025, followed by additional retailer partners later this year. Customers can also sign up at Ring.com to be notified when the alarms are available for purchase. For a preview of the products, visit Kidde’s booth at CES #52628 in The Venetian Expo Ballroom (Smart Home - Level 2) and Ring’s booth at CES #CP-105, located at the Las Vegas Convention Center Central Plaza.

Carrier Global Corporation, a global pioneer in intelligent climate and energy solutions, entered into a definitive agreement to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion. "The sale of our Commercial and Residential Fire business marks a defining step in our planned business exits critical to our transformational journey to becoming a focused, agile, higher-growth, pure-play company dedicated to creating a more sustainable world for generations to come," said Carrier Chairman & CEO David Gitlin. Carrier's portfolio transformation Commercial Refrigeration sale is on track to close around the end of the third quarter David Gitlin added: "I am so proud of what our deal and business teams have accomplished. We now have executed deals on all our divestitures, all signed within about a year of announcement, with a combined value of over $10 billion, representing a mid-teens EBITDA multiple in aggregate. This reflects tremendous dedication by so many, and I could not be more appreciative of our team's tireless efforts and great work." The sale announced marks a critical milestone in Carrier's portfolio transformation, following the acquisition of Viessmann Climate Solutions in January and the successful divestitures of its Industrial Fire and Global Access Solutions businesses. The Commercial Refrigeration sale is on track to close around the end of the third quarter. Closing of the Commercial and Residential Fire business is expected by the end of 2024, subject to regulatory approvals and customary closing conditions. Acquisition of Viessmann Climate Solutions Following the acquisition of Viessmann Climate Solutions, Carrier has reduced its net debt by over $5 billion through the repayment of outstanding term loans and notes, including last week's successful tender for additional outstanding debt. As a result of significant de-leveraging this year, and consistent with prior messaging, Carrier expects to redeploy the estimated $2.2 billion in net proceeds from the transaction towards share repurchases. Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are serving as financial advisors to Carrier. Paul, Weiss, Rifkind, Wharton & Garrison LLP, and Linklaters LLP are providing external legal counsel.

Kidde, North America’s #1 home fire safety brand, has announced the launch of Kidde Detect, the next evolution of fire and carbon monoxide safety. To mark the launch of its latest technology, Kidde released a new advertising campaign – ‘Help Protect You From You’, which intends to make the category more relatable by taking a humorous or unexpected approach. Kidde Detect Kidde Detect’s revolutionary technology provides over 25% faster and up to three times more precise smoke detection, which can help give families more time to get out safely. Kidde is a part of Carrier Global Corporation, a global major in intelligent climate and energy solutions. Enhanced sensing technology reduces nuisance or false alarms often caused by cooking Statistics show that people have less than two minutes to safely escape a house fire. With these new devices, Kidde is helping families take advantage of every second needed to escape. Enhanced sensing technology reduces nuisance or false alarms often caused by cooking, which helps prevent consumers from disabling their devices. Kidde’s new ‘Help Protect You From You’ campaign Kidde’s new ‘Help Protect You From You’ campaign leverages the fact that many home fires are accidentally caused by homeowners. The campaign reminds viewers that everyone makes mistakes and shows how a Kidde device acts like another version of them who is always keeping an eye out for their safety. “Kidde has been a pioneer in early smoke detection for over 100 years and Detect is our latest advanced solution designed to give homeowners more power and command over their home safety,” said Isis Wu, President, Residential Fire & Safety, Carrier Corporation. Faster smoke detection Isis Wu adds, “Over the last few decades, the time to safely escape a house fire went from 17 minutes to less than two. This is why Detect’s faster smoke detection is so critical. Also, our new thought-provoking creative aim to make the category more approachable and memorable for consumers, ensuring every home is equipped with life-saving devices.” Kidde’s latest innovation comes with a design overhaul, offering various sizes of modern, sleek products, so people can say ‘goodbye’ to the outdated devices that have hung from the ceiling for decades. The improved packaging is contemporary and distinctive to keep the shopping experience simple (at retail or online). Kidde Detect devices Kidde Detect devices, such as the 10-Year Battery Powered Smoke Alarm with Voice Alerts, are ideal for all living spaces with twist-and-click mounting brackets and provide comprehensive safety solutions for homes. All devices include a self-testing feature that when combined with routine manual testing ensures the alarm is always operating as expected, and the devices go above and beyond the latest UL 8th edition standards to meet 9th edition. Kidde Detect devices are available for purchase nationwide.