Sec Form 3 Filing - Mendez Echevarria Maria Cristina @ Otis Worldwide Corp - 2024-08-23

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Mendez Echevarria Maria Cristina 2. Issuer Name and Ticker or Trading Symbol Otis Worldwide Corp [ OTIS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) EVP & CFO (Last) (First) (Middle) 1 CARRIER PLACE 3. Date of Earliest Transaction (MM/DD/YY) 08/23/2024 (Street) FARMINGTON, CT06032 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 1,377 D

D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares RSUs ( 1 ) $ 0 ( 2 ) ( 1 ) Common Stock 890 RSUs ( 1 ) $ 0 ( 3 ) ( 1 ) Common Stock 4,323 D RSUs ( 1 ) $ 0 ( 4 ) ( 1 ) Common Stock 652 D RSUs ( 1 ) $ 0 ( 5 ) ( 1 ) Common Stock 831 D RSUs ( 1 ) $ 0 ( 6 ) ( 1 ) Common Stock 290 D SARs $ 91.94 ( 7 ) 02/05/2034 Common Stock 3,341 D SARs $ 83.63 ( 8 ) 02/06/2033 Common Stock 3,251 D SARs $ 81.85 ( 9 ) 02/02/2032 Common Stock 3,311 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Mendez Echevarria Maria Cristina 1 CARRIER PLACE FARMINGTON, CT06032 EVP & CFO Signatures Joshua Mullin, Attorney-in-fact 08/27/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis and include the right to receive dividend equivalents that are credited as additional RSUs. ( 2 )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 6, 2024. ( 3 )25% of these RSUs are scheduled to vest on October 2, 2025 and the remaining 75% are scheduled to vest on October 2, 2027. ( 4 )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 7, 2023. ( 5 )These RSUs are scheduled to vest on the third anniversary of the date of grant. The date of grant was March 1, 2022. ( 6 )These RSUs are scheduled to vest on the third anniversary of the date of grant. The date of grant was February 3, 2022. ( 7 )These Stock Appreciation Rights (SARs) were granted on February 6, 2024. They are scheduled to become exercisable in three substantially equal annual installments beginning on the first anniversary of the date of grant. ( 8 )These SARs were granted on February 7, 2023. 1,083 SARs 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. ( 9 )These SARs were granted on February 3, 2022. 1,104 SARs are scheduled to become exercisable on the third anniversary of the date of grant. A total of 2,207 SARs became exercisable on the first and second anniversaries of the date of grant.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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