Trian Partners Activist Presentation Deck

59% 41% We Believe PPG is Well Positioned to Benefit From DIY to Pro Shift For decades, demand in the construction industry has shifted from "Do It Yourself" projects (otherwise referred to as "DIY") to "Do It For Me" (also referred to as "DIFM" or "pro") as the population has been aging, younger generations are less inclined to work on home projects and income levels / two-income households have increased ▪ PPG has a stable of high quality brands that are relevant for both pros and DIY customers and are available where both consumer sets prefer to shop ■ 1980 Paint contractors prefer to buy through specialized paint shops for various reasons including relationships, pricing & credit services, tinting and truck loading on-site, sales rep expertise, quality and assortment, delivery and socializing with other painters Paint Volumes by Purchaser Type 1984 1985 1986 1987 1988 1989 1990 1991 Source: Sherwin-Williams investor presentations. 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2009 2010 2015 -38% DIY/ Remodeler Paint Contractor 62% PPG Distribution DIY / Small Pro THE HOME DEPOT MENARDSⓇ Dedicated to Service & Quality™ Contractor PPG PAINTS - 26 -

View entire presentation