#1TRONOX Tronox Holdings plc JP Morgan Global High Yield & Leveraged Finance Conference March 1, 2022#2Today's Presenters Timothy Carlson Senior Vice President, Chief Financial Officer TRONOX Tronox Holdings plc | © 2022 Ed Prosapio Vice President, Treasurer Jennifer Guenther Vice President, Investor Relations 2#3Safe Harbor Statement and Non-U.S. GAAP Financial Terms Cautionary Statement about Forward-Looking Statements Statements in this presentation that are not historical are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance including financial guidance, anticipated trends in our business, the effects of the COVID-19 pandemic, anticipated completion of extensions and upgrades to our mining and operations, anticipated costs and benefits of capital projects including project newTRON and Atlas Campaspe, and the Company's anticipated capital allocation strategy. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance, or achievements to differ materially from the results, level of activity, performance, or achievements expressed or implied by the forward-looking statements. Significant risks and uncertainties may relate to, but are not limited to, business and market disruptions including those related to the COVID-19 pandemic, market conditions and price volatility for titanium dioxide, zircon and other feedstock materials, as well as global and regional economic downturns, including as a result of the COVID-19 pandemic, including supply chain disruptions, that adversely affect the demand for our end-use products; disruptions in production at our mining and manufacturing facilities; and other financial, economic, competitive, environmental, political, legal and regulatory factors. These and other risk factors are discussed in the Company's filings with the Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for our management to predict all risks and uncertainties, nor can management assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. Neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Unless otherwise required by applicable laws, we undertake no obligation to update or revise any forward-looking statements, whether because of new information or future developments. Use of Non-GAAP Information To provide investors and others with additional information regarding the financial results of Tronox Holdings plc, we have disclosed in this presentation certain non-U.S. GAAP operating performance measures of EBITDA, Adjusted EBITDA, Adjusted EBITDA margin and Adjusted net loss attributable to Tronox, including its presentation on a per share basis, and a non-U.S. GAAP liquidity measure of Free Cash Flow. These non-U.S. GAAP financial measures are a supplement to and not a substitute for or superior to, the Company's results presented in accordance with U.S. GAAP. The non-U.S. GAAP financial measures presented by the Company may be different from non-U.S. GAAP financial measures presented by other companies. Specifically, the Company believes the non-U.S. GAAP information provides useful measures to investors regarding the Company's financial performance by excluding certain costs and expenses that the Company believes are not indicative of its core operating results. The presentation of these non-U.S. GAAP financial measures is not meant to be considered in isolation or as a substitute for results or guidance prepared and presented in accordance with U.S. GAAP. A reconciliation of the non-U.S. GAAP financial measures to U.S. GAAP results is included herein. TRONOX Tronox Holdings plc | © 2022 3#42021 Accomplishments • Record 2021 revenue of $3.6 billion and adjusted EBITDA of $947 million, driven by the Company's record TiO2 and zircon volumes Free cash flow of $468 million for 2021 and invested over $270 million in key capital projects Financial Highlights Balance Sheet 2022 Outlook ESG Total debt balance of $2.6 billion after paying down $745 million of debt • Net leverage at YE2021 of 2.5x ahead of our previously stated timeline of achieving $2.5 billion gross debt and 2.0x - 3.0x net leverage by 2023 First significant near-term maturity in 2025 • ● Anticipate strong TiO₂ and zircon demand trends to continue -FY 2022 EBITDA expected to be $1.025-$1.125 billion -Anticipate $400+ million of FCF for the year after $375 - $400 million of capital expenditures Set our targets for 2050 and the detailed and substantive roadmap to achieve these goals Enhanced Board level oversight of our ESG efforts Achieved a Platinum Rating by EcoVadis, the highest level of recognition awarded Committed to be fully compliant with applicable TCFD and SASB disclosure standards when the next sustainability report is released in 2022 TRONOX Tronox Holdings plc | © 2022 4#5Why Tronox? TRONOX TRONOX 1 8 World's leading vertically integrated TiO₂ producer with an advantaged cost position 2 Diverse and well-balanced global customer base and end-market exposure 3 Positioned to benefit from attractive TiO₂ market evolution 4 High-value co-products add earnings power 5 Key capital projects and newTRON to deliver enhanced profitability 6 Strong financial performance generates significant free cash flow 7) Organization United by Our Strategy, Core Values & Commitment to Sustainability Experienced and Dedicated Executive Team Tronox Holdings plc | © 2022 01 5#61 Tronox – A Focused Titanium Industry Leader $3.6B FY2021 Revenue TROX NYSE ~85% feedstock integration 76% TiO₂ sales by volume to paints and coatings end market Note: Sales split for FY2021. TRONOX ~6,500 employees Global Leader 9 pigment plants, 6 mines, 5 upgrading facilities on 6 continents ~1,200 customers ● ● ● ● Sales by Region North America 21% LatAm 7% Asia Pacific 33% EMEA 39% Feedstock and Other Products 8% Tronox Holdings plc is a global vertically integrated mining and inorganic chemical company Tronox Holdings plc | © 2022 1.1 million tons of nameplate TiO₂ pigment capacity 297k tons of zircon capacity Diverse, well-balanced global customer base Sales by Product Zircon 13% 725 EMPLOYEES TiO₂ 79% Paper and Specialty 7% 922 EMPLOYEES 395 EMPLOYEES TiO₂ Sales Volume by End Use Market Plastic 17% 527 EMPLOYEES 2,108 EMPLOYEES Paints and Coatings 76% 725 EMPLOYEES 1,186 EMPLOYEES 6#71 Superior Competitive Position as Most Vertically integrated TiO₂ Producer 2 Mining Operations Existing Upgrading Operations Future (Extensions) Resulting Ti-Products: Existing Future Resulting Products: Pigment Production TRONOX Fairbreeze Fairbreeze Extension Namakwa 190k MT Ti Slag Namakwa East and West UMM East OFS UMM Expansion KZN 220k MT Ti Slag . H Slag " Ilmenite Gingko Snapper Tronox Holdings plc | © 2022 Synthetic Rutile Chloride 940k MT Cooljarloo Wonnerup Port Durnford Chandala 240k MT Syn. Rutile Atlas Campaspe Under Development Paraiba Coolljarloo West Dongara Jazan 500k MT Ti Slag Zircon Pig Iron (Direct sales) W " Rutile Leucoxene Sulfate ilmenite " Chloride ilmenite M · Direct Use Sulfate 138k MT Benefits of Integration Full utilization of mining and feedstock assets to operate more efficiently and at lower cost Optimize targeted feedstock and grades depending on market conditions Assures feedstock supply matches demand and captures feedstock margin on pigment sales in all market conditions Ensures low-cost position which enables strong cash flow generation and higher margins with reduced volatility Creates meaningful quantities of valuable Zircon and Pig Iron, which are sold to customers around the world 7#81 TiO₂ Global Industry Landscape TRONOX Chemours™ Global HQ LTM Revenue LTM Adj. EBITDA Adj. EBITDA margin % TiO₂ Capacity (KT) By technology Chloride Sulfate $3.6 billion $9472 million Total Sales by Product³ 26.5%² 1,078 138 9 4 US, Brazil, UK, Netherlands, Global TiO2 Manufacturing Locations France, KSA, China, Australia Integrated Feedstock ✓✓✓ Feedstock and Other Products Zircon 8% 13% TiO₂ 79% $3.4 billion $809 million US, Mexico, Taiwan Adv. Perf. Materials 22% Tronox Holdings plc | © 2022 24.1% 1,250 Chemical Solutions Thermal & Specialized Solutions 20% 5% 1 Titanium Tech 53% 龙佰集团 LB GROUP $2.7 billion $911 million Mineral 20% 33.3% 1,010 6 5 354 China Zirconium 2% Others 3% TiO₂ 75% KRONOS $1.9 billion $192 million 9.5% 560 120 440 Germany, Belgium, Norway, Canada, US TiO₂ 100% VENATOR¹ $1.7 billion $165 million 9.9% Performance Additives 25% 602 3 225 UK, Germany, Spain, Italy, US, Malaysia X TiO₂ 75% Source: Public filings, CapIQ. Note: Includes public TiO2 players only; Assumes FX rate of 1.00/0.14 CNY/USD; ¹ Chemours Titanium Technologies Segment, Venator Titanium Dioxide segment; 2 Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. See the Appendix for a reconciliation to the nearest GAAP measure; 3 Shown on an LTM basis TRONOX 8#92 Balanced Geographic Footprint and End-Market Exposure Provides Significant Advantage Relative to Competitors Balanced Geographical Sales¹ Sales by Product¹ 21% 7% ¹ Sales split for FY2021. TRONOX 39% A Global Footprint to Serve a Global Industry Tronox Holdings plc | © 2022 33% Zircon 13% Paper & Specialty 6% Feedstock and Other Products 8% Plastic 13% Paints & Coatings 60% TiO2 79% 9