Investor Presentaiton

> IMPERATIVE: PERFORM LHX NEXT INITIATIVES DRIVING ~6% COST REDUCTION -$17B ~$1B Targeted Savings Infrastructure Indirect 4 Direct 13 L3Harris Cost Baseline L3HARRIS Investor Day 2023 -6% Reduction LHX NeXt • Rationalize facilities from 275 to 200 • Standardize ERP - reduce entities 50% • Consolidate IT data centers 98% from 85 to 2 . Reduce IT application portfolio and spend by 25% Indirect Procurement Outsource vendor management to realize -5% indirect spend reduction Labor & Function Optimization Optimize indirect labor 15-20% through organizational redesign and adoption of Al tools Direct Material & Subcontracts Reduce supplier spend ~8% through rationalization & inflation claw back 21

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