Q2 2023 Financial Results

Q2 2023 Key Highlights & FY Update ■ Adj. EBIT (Adj. EBITDA) within guidance range at $155 ($227) million despite ERP related operational delays ■ Pricing momentum continued in all end-markets resulting in an overall price-mix increase of 7% (17% two-year stack) ■ Continued positive market dynamics and customer conversions led to double-digit volume growth in Mobility Coatings ■ Delivered strong Free Cash Flow of $99 million; voluntarily paid down debt by $75 million and improved net leverage ratio to 3.6x 2023 Adj. EBIT (Adj. EBITDA) expected between $630 - $650 ($910-$930) million reflecting substantial second half improvement Driving Improved Profitability A AXALTA

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