Venator Business Overview and Cost Savings Initiatives

Cost Savings Initiatives Actively taking strong actions to reduce cost structure VENATOR Cost Reduction Program (1) ($m) ~5 -32 ~2 ~25 -7 -11 -50 2023E SG&A 2024E Incremental Savings Savings Run-rate Incremental Savings Total SG&A Savings Manufacturing Fixed Costs Manufacturing Direct Costs Total 2025E Cost Savings $32m run-rate SG&A cost savings per annum ~$18m reduction in manufacturing costs Estimated one-off restructuring costs of $25m to implement cost savings initiatives 39 (1) Compared to 2021; baseline adjusted for the impact of foreign currency translation and inflation and excludes 2020 BIP benefits recognized in 2022

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