Johnson Controls and Tyco Proposed Merger to Advance to Shareholder Votes on August 17, 2016


MILWAUKEE and CORK, Ireland, July 7, 2016 - Johnson Controls (NYSE: JCI) and Tyco International plc (NYSE: TYC) announced today that the registration statement on Form S-4 filed with the U.S. Securities and Exchange Commission (SEC), was declared effective on July 6, 2016. The registration statement was filed in connection with the proposed merger and includes a joint proxy statement of both companies' allowing the transaction to proceed to shareholder votes.



The companies also announced that they have each scheduled meetings of their respective shareholders to approve matters related to the merger.



 • Johnson Controls' special meeting of shareholders will be held on August 17, 2016 at 1:00 p.m. CDT, at the Dallas Ritz Carlton Hotel, 2121 McKinney Avenue, Dallas, Texas.



 • Tyco's extraordinary meeting of shareholders will be held on August 17, 2016 at 9:00 a.m. local time at Earlsfort Centre, Earlsfort Terrace, Dublin, Ireland.



Both Johnson Controls' and Tyco's boards of directors unanimously recommend that its respective shareholders vote "FOR" the matters specified in the joint proxy statement.



The Form S-4 is available on the SEC's website (as filed under Tyco), and may be accessed at: www.sec.gov.



About Johnson Controls



Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 150,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating components and systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2016, Corporate Responsibility Magazine recognized Johnson Controls as the #17 company in its annual "100 Best Corporate Citizens" list. For additional information, please visit www.johnsoncontrols.com.



About Tyco



Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than three million customers around the globe with the latest fire protection and security products and services. Tyco has over 57,000 employees in more than 900 locations across 50 countries serving various end markets, including commercial, institutional, governmental, retail, industrial, energy, residential and small business. For more information, visit www.tyco.com.



Contacts



Tyco Investors:



Antonella Franzen: 609-720-4665

Ryan Edelman: 609-720-4545



Media:



Stephen Wasdick: 609-806-2262



Johnson Controls



Investors:



Kathryn Campbell: 414-524-2085



Media:



Fraser Engerman: 414-524-2733



SOURCE Johnson Controls



Web Site: www.johnsoncontrols.com

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