#1AXALTA COATING SYSTEMS Q2 2016 FINANCIAL RESULTS July 26, 2016 A AXALTA#2#3#4#5Q2 Performance Coatings Results ($ in millions) Refinish Industrial Net Sales Financial Performance Adjusted EBITDA % margin $639 +5.9% Q2 AXALTA COATING SYSTEMS 2016 2015 449 183 632 157 162 24.9% 25.4% Net Sales Variance +1.9% Q2 2015 Volume Price % Change Incl. F/X Excl. F/X 460 179 639 (1.0%) (3.0%) (2.5%) 9.3% 2.6% 3.7% 7.8% (8.8%) (1.0%) $632 FX Q2 2016 5 Commentary Solid net sales led by Refinish volumes A AXALTA Strong volume growth in Refinish across all regions; Industrial growth driven by EMEA. and Asia Pacific Price increases in Refinish in most regions ▪ 8.8% unfavorable currency impact principally from Latin America I Adjusted EBITDA margin remains very strong Adjusted EBITDA margin slightly below Q2 2015 but remains strong, benefiting from increased volumes, favorable price realization, and some ongoing variable margin benefits, offset by currency translation impact and increased operating expense to support growth#6Q2 Transportation Coatings Results ($ in millions) Financial Performance Light Vehicle Commercial Vehicle Net Sales Adjusted EBITDA % margin $455 2016 Q2 AXALTA COATING SYSTEMS 344 89 433 2015 (1.5%) +0.8% 95 93 22.0% 20.5% 347 108 455 Net Sales Variance Q2 2015 Volume Price % Change Incl. F/X Excl. F/X (0.8%) 1.5% (18.0%) (8.3%) (4.9%) (0.7%) 2.0% (4.2%) (4.9%) $433 FX Q2 2016 6 Commentary Net sales pressured by Commercial volumes ■ A AXALTA ■ Strong volume growth in North America and EMEA Light Vehicle, offset largely by lower volumes in Latin America and Asia Pacific ▪ Lower volumes in Commercial Vehicle driven by heavy truck and other vehicle. markets ▪ Modest increase in price for the segment ▪ 4.2% unfavorable currency translation largely from emerging market exposures Adjusted EBITDA margin up 150 bps Adjusted EBITDA margin benefited from price improvement and some additional variable cost savings#7Debt and Liquidity Summary ($ in millions) Cash and Cash Equivalents Debt: Revolver ($400 million capacity) First Lien Term Loan (USD) First Lien Term Loan (EUR) (¹) Senior Secured Notes (EUR) (1 Total Senior Secured Debt Senior Unsecured Notes (USD) Other Borrowings Total Debt Total Net Debt LTM Adjusted EBITDA Capitalization Credit Statistics: Total Net Leverage (2) AXALTA COATING SYSTEMS @ 6/30/2016 $480 1,890 420 271 $2,581 737 36 $3,353 $2,873 $877 3.3x Maturity 2018 2020 2020 2021 2021 5.6x 7 5.1x 5.0x (1) Assumes exchange rate of $1.11 USD/Euro (2) Indebtedness per balance sheet less cash & cash equivalents divided by LTM Q2 2016 Adjusted EBITDA 2013 4.6x Net Leverage 4.5x 4.3x 4.1x 3.8x 2014 4.0x 3.7x 3.7x 3.4x At Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 LBO 2015 A AXALTA 3.5x 3.3x 2016#8#9#10#11#12#13#14