Tronox Holdings plc

Anticipate $15 - 20 million in synergies in Year 3 Synergies are cost-saving in nature and derived from various opportunities TRONOX Distribution 6% Supply Chain 12% Feedstock 26% Process Improvements 56% Significant upside to feedstock synergies Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2020 7

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