#1Investor Presentation Huntsman Corporation (NYSE-HUN) Fourth Quarter 2023 香港人群 HUNTSMAN Enriching lives through innovation#2General Disclosure Forward-Looking Statements HUNTSMAN Enriching lives through innovation This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward- looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, divestitures or strategic transactions, business trends and any other information that is not historical information. When used in this press release, the words "estimates," "expects," "anticipates," "likely," "projects," "outlook," "plans," "intends," "believes," "forecasts," or future or conditional verbs, such as "will," "should," "could" or "may," and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements, including, without limitation, management's examination of historical operating trends and data, are based upon our current expectations and various assumptions and beliefs. In particular, such forward-looking statements are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the Company's operations, markets, products, prices and other factors as discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"). Significant risks and uncertainties may relate to, but are not limited to, increased energy costs in Europe, inflation and resulting monetary tightening in the US, geopolitical instability, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of the Company's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions and manufacturing optimization improvements in the Company's businesses and to realize anticipated cost savings, and other financial, operational, economic, competitive, environmental, political, legal, regulatory and technological factors. Any forward-looking statement should be considered in light of the risks set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022, which may be supplemented by other risks and uncertainties disclosed in any subsequent reports filed or furnished by the Company from time to time. All forward-looking statements apply only as of the date made. Except as required by law, the Company undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Non-GAAP Financial Measures This presentation contains financial measures that are not in accordance with generally accepted accounting principles in the U.S. ("GAAP"), including adjusted EBITDA, adjusted EBITDA from discontinued operations, adjusted net income (loss), adjusted diluted income (loss) per share, free cash flow, adjusted free cash flow, and net debt. For more information on the non-GAAP financial measures used by the Company and referenced in this presentation, including definitions and reconciliations of non-GAAP measures to GAAP, please refer to "Non-GAAP Reconciliation" hyperlink available in the "Financials" section of the Company's website at www.huntsman.com/investors. The Company does not provide reconciliations of forward-looking non-GAAP financial measures to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, (a) business acquisition and integration expenses, (b) merger costs, and (c) certain legal and other settlements and related costs. Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. Third-Party Trademarks Any third-party trademarks displayed in this presentation are not owned by the Company, and no relationship between the Company and any third party is implied. 4Q23 Investor Presentation | 2#3Company Overview Huntsman - A History of Transformation Base Chemicals Polymers MDI Urethanes Advanced Materials Titanium Dioxide PO/MTBE Amines & Maleic Surfactants Upstream & LAB Intermediates & Other 2005 What We No Longer Sell • Benzene • Butadiene Ethylene Glycol Ethylene Oxide LAB Polyethylene • Propylene Polypropylene Polystyrene ° Surfactants • US PO/MTBE Xylene Performance Products (Amines & Maleic) Divested Current Advanced Materials 2017 HUNTSMAN Enriching lives through innovation Today Polyurethanes What We Sell Today • Specialty Formulations • Maleic Anhydride Differentiated Components Specialty Chemical Additives Commodity MDI Performance Amines • • Titanium Dioxide • Textile dyes and • • Toluene chemicals • Styrene 4Q23 Investor Presentation | 3#4Company Overview Balanced Portfolio Serving a Broad Range of End Markets Advanced Materials Performance Products Divisional Contribution Polyurethanes Charts represent 2022 Revenue APAC Rest of World HUNTSMAN Enriching lives through innovation Aerospace Consumer Adhesives, Coatings & Elastomers US/Canada Regional Exposure End Market Exposure Europe Revenue Adjusted EBITDA $515M 3Q23 LTM $6.4B Automotive Industrial & Other Construction & Infrastructure Free Cash Flow $149M 4Q23 Investor Presentation | 4#5Company Overview Huntsman's Portfolio Today HUNTSMAN Enriching lives through innovation Polyurethanes Performance Products Advanced Materials Total 3Q23 LTM Sales Revenue $4.0 billion $1.2 billion $1.1 billion $6.4 billion 3Q23 LTM Adj. EBITDA $272 million $234 million $189 million $515 million 3Q23 LTM Adj. EBITDA Margin % 7% Covestro Lubrizol LANXESS Key Competitors Energizing Cheery 19% LANXESS Exerging Chry Dow ◉-BASF We create chemistry EVONIK Landing Beyond Chemistry 17% 8% HEXION HEXCEL Henkel H.B. Fuller EVONIK Loading Beyond Chemistry Key End Markets 3Q23 LTM Sales Revenue by Region Dow -BASF CARLISLE We create chemistry • Insulation • Adhesives, coatings, elastomers & footwear ⚫ Automotive • Construction materials ⚫ Other industrial markets Coatings & adhesives • Construction materials • Polyurethane additives • Fuel & lubricant additives • Gas treating Electronics & E-Mobility 27% 8% 39% 7% 23% 48% ⚫ Aerospace . Transportation Infrastructure - Power - Coatings & construction • Construction & industrial applications Transportation ⚫ Adhesives Coatings Elastomers 24% 8% 8% 31% 26% 39% 22% 26% 37% 27% US & Canada ■Europe US & Canada ■Europe ■US & Canada ■ Europe US & Canada Asia Pacific Rest of World ■Asia Pacific Rest of World ■Asia Pacific Rest of World Asia Pacific ■Europe Rest of World 4Q23 Investor Presentation | 5#6Company Overview Balanced Capital Allocation Strategy Attractive Dividend $0.95 per year Increased 12% in 2023 Increased 13% in 2022 Increased 15% in 2021 Organic Investments Geismar MDI Splitter (United States) Low-Emission PU Catalysts (Hungary) Polyols and PU Formulations (Turkey) Capture (United States) Maintain Investment Grade Balance Sheet Net Debt Leverage ≤ 2 times on average Bolt-on Acquisitions DEMILEC CVC Thermoset Specialties ICYNENE LAPOLLA GABRIEL SASOL HUNTSMAN Enriching Ives through innovation Share Repurchases $276M in 2018 Carbonates for EV (United States) $208M in 2019 Polyols for Spray Insulation (Taiwan) $96M in 2020 $203M in 2021 $1,003M in 2022 $300M Sep YTD 2023 MIRALON® for Carbon HUNTSMAN Enriching lives through innovation 4Q23 Investor Presentation | 6#7Company Overview Evolving the Portfolio through Acquisitions & Divestitures Acquisitions of High Margin and Differentiated Businesses DEMILEC April 2018 Purchase Price ~$350M Delivers higher stable margins pulling through large amounts of upstream polymeric MDI SASOL HUNTSMAN Enriching lives through innovation September 2019 Purchase Price ~$100M Maleic JV Fully integrate our European business into our worldwide footprint ICYNENE LAPOLLA February 2020 Purchase Price ~$350M Provides Huntsman with the largest global array of spray foam technology CVC Thermoset Specialties May 2020 Purchase Price ~$300M Brings valuable complementary technology breadth to our Advanced Materials portfolio GABRIEL January 2021 Purchase Price ~$250M Enhances our competitiveness and our world class formulations Divestitures of Non-Core and Commodity-based Assets -$4.3B Net Proceeds IPO of Venator Materials August 2017 December 2020 Net Proceeds ~$1.7B Net Proceeds ~$1.7B Sale of India DIY Consumer Adhesives December 2020 Sale of Basel Land September 2019 Proceeds $50M Divestiture of Textile Effects February 2023 Sale and Leaseback of Net Proceeds ~$500M Divestiture of Chemical Intermediates January 2020 Net Proceeds -$256M HUNTSMAN Enriching lives through innovation What Acquisitions Must Have Cost Synergies Technology Synergies Scalability and Commercial Expansion ... and a Financial Profile Delivering High Adj. EBITDA Margin High FCF with Low Capital Intensity Basel Facility November 2020 Proceeds $73M Continuously Evaluating Portfolio for Improved Shareholder Return Risk adj. IRR greater than WACC + Clear Premium A Disciplined Approach, Preserving Investment Grade Balance Sheet 4Q23 Investor Presentation | 7#8Company Overview Cost Realignment & Synergy Plans on Track - Delivery of $280M Run Rate Benefits Targeted by End of 2023 Annualized Run Rate Announced Initiatives Benefits Expected Completion M&A Synergies & 2020 ~$140M Q1 2023 Optimization Initiatives GBS Expansion & Polyurethanes and Supply ~$100M End of 2023 Chain Optimization European Restructuring ~$40M End of 2023 Total GBS Global Business Services ~$280M ~$50M Year 2020 2021 2022 2023 2024 2020 Cumulative In Year Impact -$30M ~$100M $140M $220M ~$280M $80M in year cost optimization benefit, excluding inflation and pension impact ~$120M Achieved 2021 HUNTSMAN Enriching lives through innovation Commentary ~$280M 3Q23 ~$190M 2022 2023 ~$275M Annualized Run Rate European Restructuring on track for $40M YE run rate benefit Expanding GBS hubs in Costa Rica and Poland Focused on execution across entire program in 2023 high inflationary environment Signed transaction to exit Russia, timing highly uncertain On track to meet or exceed $280M annualized run rate by year end 2023 Incremental Europe Restructuring 4Q23 Investor Presentation | 88#9Company Overview Portfolio Addresses Growing Demand for Sustainable Products Energy Conservation, Alternative High performing insulation Energy, and Storage Smarter, more efficient power grid HUNTSMAN Enriching lives through innovation Polyurethanes Performance Products Advanced Materials Emissions and Waste Reduction Electric vehicle battery solvents and motor encapsulation Wind energy (resins, hardeners, and adhesives) Light weighting (transportation, industrial) Low energy consumption in processing High performance polyurethanes panel insulation used in cold chain / food preservation Polyurethanes pipe insulation used to improve industrial insulation and drive emission reduction Low-VOC emission products Cleaner fuels and natural gas treating Upcycling PET (e.g., plastic bottles) to polyester polyols Transforming methane to advanced carbon materials and hydrogen (MIRALON®) 4Q23 Investor Presentation | 9#10Company Overview Compelling Investment Opportunity Strong Financials Supporting Shareholder Returns ■ Low net leverage of 2.2x 3Q23 $149M Free Cash Flow generated 3Q23 LTM ■ Increased annual dividend 12% in 2023 to $0.95 ☐ $300M shares repurchased Sep YTD 2023, targeting $350M in 2023 Streamlined Portfolio with M&A Optionality ☐ Strong balance sheet for further M&A optionality ■ Since 2020: _ Acquired and integrated three businesses, further strengthening our Polyurethanes and Advanced Materials businesses Divested three businesses, including most recently Textile Effects in February 2023 Consistent Investment in Growth Platforms Investing in high return internal capital projects ■ E-GRADE®, Polyurethane catalysts, MIRALONⓇ New product development and innovation Portfolio Strongly Aligned with Sustainability Trends ■ Energy conservation, energy storage and emissions reduction enabled by our diverse product offering Utilizing recycled PET bottles in our spray polyurethane foam (SPF) creating an upcycled end product with increased energy conservation HUNTSMAN Enriching lives through innovation 4Q23 Investor Presentation |#11Divisional Overview Polyurethanes We are a leading global manufacturer and marketer of a broad range of polyurethane chemicals, including MDI products, polyols and TPU. Polyurethane chemicals are used to produce rigid and flexible foams, as well as coatings, adhesives, sealants and elastomers. We focus on the higher-margin, higher-growth markets for specialty MDI-based polyurethane systems and polyurethane component molecules. HUNTSMAN Enriching lives through innovation#12Polyurethanes Business Dynamics End Market Breakdown (1) ■Insulation ■Automotive 44% 9% ■Composite Wood 5% Products Adhesives & Coatings 7% ■ Apparel 10% 11% 14% Home Furnishings ■ Other Regional Mix (1) USD in Millions Key Businesses (Net Sales Revenue) $4.0B $5,000 $4,000 $3,000 $2,000 $1,000 42% $0 8% ■U.S. & Canada 2018 2019 2020 2021 2022 Europe Asia Pacific Commodity Formulated Systems Global Platforms & Specialty Solutions 26% ■Rest of World 24% (1) Represents 2022 Net Sales Revenue Commodity Differentiated HUNTSMAN Enriching lives through innovation 3Q23 LTM sales revenue $272M 3Q23 LTM Adj. EBITDA ~2,500 products 35 manufacturing sites ~3,300 associates ~6,500 customers 14+ + chemical process technologies of sales of products 20% introduced in the last 5 years 4Q23 Investor Presentation | 12#13Polyurethanes Upvaluing the Business with Innovation and Differentiation Global Platforms & Specialty Solutions Innovate • Grow Higher cycle Margins/ Lower Volatility " Huntsman Building Solutions (HBS) ■ Elastomers (Specialty Elastomers, Footwear) ■ Automotive ■ Adhesives & Coatings Furniture/ Bedding Formulated Systems Innovate ⚫ Upvalue Medium cycle Margins/ Medium Volatility ■ Insulated Metal Panels Insulation Boards Commodity Deselect Upvalue Low to High cycle Margins / High Volatility Volatility Composite Wood Panels (CWP) Systems Houses High (1) Right hand portfolio map represents 2022 revenue and excludes MDI JV Accounting & Aniline/Benzene sales HUNTSMAN Enriching lives through innovation Elastomers Upvalue Upvalue Low Automotive Upvalue Huntsman Building Solutions Furniture Upvalue Adhesives & Coatings Upvalue PMDI Based Insulation Systems Formula pMDI Commodity Pure MDI Commodity pMDI Upvalue Stabilize 4Q23 Investor Presentation | Splitting Technology drives upvaluing potential 13#14Polyurethanes Splitter is a Catalyst for Differentiated Growth Transformation in the Americas Reconfiguring Geismar MDI Facility HUNTSMAN Enriching lives through innovation Volume +50% Di-iso High Functionality +40% Standard Functionality Polymeric Pre-Splitter (1) Volatile organic compound -30% Post-Splitter Upgrading the Product Portfolio, including an increase in VOC(1) free products HUNTSMAN PATRIOT ENO Geismar MDI Splitter Commercially Operational since June 2022 Leveraged technology and experience deployed in Europe and Asia 4023 Investor Presentation#15Polyurethanes Huntsman Building Solutions $31B Global Building Insulation Market North American Spray Foam Exposure(1) HBS Share -31% -7% -3% of SPF III SPF ■Cellulose ■PU Panel ■Fibreglass ■ EPS ■MW North America $8.2B Europe $9.5B Asia $13.1B Commerical 40% Residential New Build 45% Spray Polyurethane Foam HUNTSMAN Enriching lives through innovation Benefits to Customers " SPF creates an effective air barrier, preventing drafts and minimizing moisture and humidity Average energy costs reduction equates to a less than a four- year payback period Impact of Inflation Reduction Act 25C $1,200 energy tax credit for homeowners Shift contractors to retro-fit with housing start decrease 45L builder tax credit for insulation Incentive to improve energy efficiency of all homes Residential Retro-fit 15% Note 1: North America represents ~90% of HBS revenue in 2022 Integrated Supply of the World's Most Cost-Efficient Energy-Saving Insulation Huntsman MDI Huntsman TEROL polyols = TEROL polyols consume the equivalent of approximately ten thousand recycled PET plastic bottles per average insulated home Average home requires ~1,500lbs of spray foam Flood resistant material Increased structural Lower heating and cooling costs by up to 50% Reduced stress strength on HVAC equipment. Minimize dust and allergens GREEN BUILDER Sustainability Awards 2020 2020 Editors' Choice GREEN BUILDER HOT50 PRODUCTS ETH INNOVATION cpi AWARD WINNER energy Gold ENERGY STAR INNOVATION AWARD 2018 4Q23 Investor Presentation | 15 Consistent temperatures. Effective radon Quieter gas barrier living space "Closed-cell only#16Polyurethanes Upvaluing Portfolio to Increase Profitability HUNTSMAN Enriching lives through innovation Upvaluing Customer Solutions Leverage splitter technology for increased product differentiation Upvalue earnings on long-term contracts ■ Deselect non-strategic markets Boosting Differentiated Platforms Grow/globalize Huntsman Building Solutions Strengthen global Automotive ■ Scale global Elastomers Fit and Focused Drive active portfolio management and resource alignment ■ Execute synergies and cost optimization programs ■ Accelerate 'cost out' programs for variable and fixed costs 4Q23 Investor Presentation | 16#17Divisional Overview Performance Products We have a leading global positions in the manufacture and sale of amines and maleic anhydride and serve a wide variety of consumer and industrial end market such as automotive, gas treating, lubricants, coatings, construction and insulation. HUNTSMAN Enriching lives through innovation#18Performance Products Business Dynamics End Market Breakdown (1) Net Sales Revenue by Product Family Coating & Adhesives ■Fuels & Lubricants 19% $1,800 23% ■Construction 3% 3% ■Polyurethane Additives $1,600 Agrochemicals 5% $1,400 16% ■Oil Field Technology 5% 6% 7% 13% ■Composites $1,200 Advance Technology Regional Mix (1) ■Gas Treating Other USD in Millions $1,000 $800 24% 23% 6% HUNTSMAN Enriching lives through innovation $1.2B 3Q23 LTM sales revenue $234M 3Q23 LTM Adj. EBITDA ~250 products 10 manufacturing sites ~800 associates ~950 customers + chemical process technologies of sales of products 6% introduced in the last 5 years $600 $400 ■U.S. & Canada $200 47% ■Europe Asia Pacific $0 ■Rest of World 2018 2019 2020 2021 2022 15+ (1) Represents 2022 Net Sales Revenue Performance Amines ■Ethyleneamines ■Maleic Anhydride 4Q23 Investor Presentation | 18#19Performance Products Leading Positions Supporting Diverse End Markets Amines(1) Maleic Anhydride(1) HUNTSMAN Enriching lives through innovation Coating & Adhesives 16% ■Fuels & Lubricants 28% 4% ■Polyurethane Additives Agrochemicals 4% End Markets Oil Field Technology 7% ■Composites 7% ■Advance Technologies 17% ■Gas Treating 8% 9% Other 43% 5% 5% 6% End Markets 10% ■Construction Industrial Markets Fuels & Lubricants ■Paper Coating & Adhesives 17% ■Water 14% Other Amines are a family of intermediate chemicals which are valued for their properties as a reactive agent, emulsifier, dispersant, solvent or corrosion inhibitor. Performance Products manages Amines in two groups: Performance Amines & Ethyleneamines (1) Represents 2022 Net Sales Revenue Leading global positions across Performance Amines #1 in Polyetheramines (PEA) #2 in Specialty PU Catalysts #1 in Diglycolamine (DGA) #1 in Alkylene Carbonates in Americas (only producer) #1 in Heavy Ethyleneamines globally Maleic anhydride is a highly versatile chemical intermediate used for products sold into construction and infrastructure, marine and fuel additives, among other applications. Notably, maleic anhydride is used to produce UPRs, which are mainly used in the production of fiberglass reinforced resins. #1 in Maleic Anhydride in North America and Europe 4Q23 Investor Presentation | 19#20Performance Products Upvaluing Portfolio to Increase Profitability HUNTSMAN Enriching lives through innovation Innovate, Grow & Invest in Specialties Innovate, grow and invest in Performance Amines Cost-effective, targeted investment in high-growth products " Execute on announced capital projects (E-GRADE® & Polyurethane catalysts) Drive High Degree of Discipline with Focus on Commercial Excellence ■ New disciplined management approach " Focusing resources and building capability, including data analytics Implementation of tools and structure to support commercial excellence " Maximize Value in Maleic Anhydride and Ethyleneamines Maximize profitability and cash flow Focus on customers, operational and commercial excellence Notable Organic Investments E-GRADE® High-Purity Amines High-purity amines used in formulated cleaning solutions for semiconductor manufacturing Conroe, Texas Beneficial Operations end of 2023 O Capital Investment ~$45M JEFFCAT® Polyurethane Catalysts Low-emission catalysts used in VOC free applications like automotive or mattress industries Petfurdo, Hungry Beneficial Operations mid 2023 Capital Investment ~$75M 4Q23 Investor Presentation | 20 20#21Divisional Overview Advanced Materials Advanced Materials segment is a leading global manufacturer and marketer of technologically-advanced epoxy, phenoxy, acrylic, polyurethane, mercaptan and acrylonitrile butadiene-based polymer products. We focus on formulations and systems that are used to address customer-specific needs in a wide variety of industrial and consumer applications. Our products are used either as replacements for traditional materials or in applications where traditional materials do not meet demanding engineering specifications. HUNTSMAN Enriching lives through innovation#22Advanced Materials Business Dynamics Specialty Markets Focus(1) 5% 5% 16% Aerospace Infrastructure 15% 18% 41% Regional Mix(1) 23% Net Sales Revenue $1,400 ■General Industry ■Automotive Other $1,200 ■Commodity $400 $600 $800 $1,000 ווין 9% 32% ■U.S. & Canada Europe Asia Pacific Rest of World $200 36% (1) Represents 2022 Net Sales Revenue 2018 2019 2020 2021 ■Commodity ■ Specialty 2022 HUNTSMAN Enriching lives through innovation $1.1B 3Q23 LTM sales revenue $189M 3Q23 LTM Adj. EBITDA ~3,500 products 15 manufacturing sites ~1,750 associates ~1,900 customers chemical process technologies covering: 15+ thermoset resins, tougheners, curatives, modifiers 4Q23 Investor Presentation | 22#23Advanced Materials Primary Growth Levers Integrating M&A & Realizing Synergies ■ Acquisition integration complete ■ Solid platform for continued bolt-on M&A ii Benefitting from Aerospace Recovery Passenger travel recovers by 2024 ■ OEM build rates recovering, single-aisle leads wide-body Growing Organically through Innovation Strong pipeline of new business and innovation ■ Automotive transitioning to greater EV/Hybrid growth ■ Focused on market transforming mega-trends: Sustainability; electrification; durability & efficiency Pioneering Step-Out Technology Exciting MIRALON® technology ■ Transforming methane to advanced carbon materials & hydrogen ■ Scale-up of technology underway HUNTSMAN Enriching lives through innovation 4Q23 Investor Presentation | 23#24Advanced Materials Complex Chemistries Enabling Valuable Effects HUNTSMAN Enriching lives through innovation Enhancing End Markets Specialty Components Valuable Effects Aerospace Infrastructure General Industry Automotive Specialty Resins Tougheners Curing Agents Modifiers & Additives Carbon Materials Light-weighting Adhesion & Joining Electrical Insulation Formulations Composites Adhesives Resin Systems Electrical Conductivity Protection Heat Management Representative OEMs BOEING AIRBUS A BOSCH RIVIAN HILTI SIEMENS CAT SHERWIN-WILLIAMS. 4Q23 Investor Presentation | 24#25Advanced Materials Pioneering Step-Out Technology HUNTSMAN Enriching lives through innovation 2010 Technology development 2015 Lab scale & experimental sales (c. $10,000/kg) Problem Oil & gas industry has long-term issue with methane / natural gas Methane has 28x more global warming potential than CO2 MIRALON® Solution, Market Applications & Scale-Up Plan H2 Ha 1150°C 'Turquoise' hydrogen Methane C MIRALON® VAN 2019 2021 2023 2025 2026+ Micro plant & experimental sales (c. $2,000/kg) Mini plant & experimental sales (c. $1,000/kg) 30-ton Pilot Plant under construction & commercial sales (c. $100/kg) 1st Commercial scale plant Step change in unit cost Replicate, scale & improve (<$10/kg) 4Q23 Investor Presentation | 25#26Advanced Materials Driving to Deliver Sustainable High-Value Growth HUNTSMAN Enriching lives through innovation Strong Specialty Market Position ■ Strong position in attractive transforming specialty markets Highly qualified applications create cycle robustness Aerospace full market recovery by 2024 Innovation & Bolt-on Acquisitions Boost Growth Delivered $20M in acquisition synergies ■ Robust pipeline of new innovations to capture opportunities from mega-trends E-vehicles, Corrosion resistant infrastructure Exciting Carbon Capture Opportunity ■ Transformative growth opportunity in the carbon capture space Developing scale of MIRALONⓇ methane to hydrogen & structural carbon technology 4Q23 Investor Presentation 26