Q2 2021 Financial Results

Q2 Consolidated Results ($ in millions, except per share data) Performance Coatings Mobility Coatings Net Sales Income (loss) from ops Adjusted EBIT % margin Diluted EPS Adjusted EPS $653 Financial Performance Q2 2020 56.4% 2021 Q2 806 321 1,127 190 173 15.4 % 0.54 0.48 9.3% 2020 Volume Price/Mix 482 171 653 (0.35) (0.15) Net Sales Variance (65) (12) (1.8)% 5.3% FX % Change Incl. F/X 67.1 % 88.2 % 72.6 % 395.2 % 1,594.8 % 254.3 % 420.0 % 1.6% Acq. Excl. F/X 61.6% 83.3 % 67.3 % 72.6% $1,127 Q2 2021 Commentary Net sales increased YOY from continued volume recovery, price-mix, and M&A ■ ▪ YOY volume growth despite semiconductor chip shortage and other supply constraints ■ Q2 net sales growth YOY across all end-markets, lapping prior year lows ■ ▪ Initial M&A contribution from Anhui Shengran FX tailwinds driven by the Euro and Chinese Renminbi Strong YOY product price-mix benefit driven by Refinish and Industrial; modest mix headwinds within Light Vehicle and Commercial Vehicle ■ Impressive Adjusted EBIT for the second quarter YOY improvement driven by continued volume recovery and strong price-mix tempered by raw material headwinds 7 A AXALTA

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