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Refinish Business Review

Industrial Business Review EXPANDING SALES PIPELINE ACROSS DIVERSIFIED GROWTH PLATFORM Achieved 12% year-over-year and 2% sequential price-mix growth • Profitability recovery remains among our highest priorities Volume decreased 9% year-over-year driven by weaker North America activity and continuation of soft European environment; China volumes improved sequentially General Industrial and Building Products impacted by slowing regional macroeconomic activity Energy Solutions volumes improved sequentially as electric vehicle demand continues to grow Energy & Electrification New customer wins with new offering of e-coat on EV battery components Higher sales in Voltatex®, a line of electrical insulation products used for EV motors AXALTA
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