4Q23 Investor Presentation slide image

4Q23 Investor Presentation

Company 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
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