Q2 2016 Financial Results slide image

Q2 2016 Financial Results

Q2 Transportation Coatings Results ($ in millions) Financial Performance Light Vehicle Commercial Vehicle Net Sales Adjusted EBITDA % margin $455 2016 Q2 AXALTA COATING SYSTEMS 344 89 433 2015 (1.5%) +0.8% 95 93 22.0% 20.5% 347 108 455 Net Sales Variance Q2 2015 Volume Price % Change Incl. F/X Excl. F/X (0.8%) 1.5% (18.0%) (8.3%) (4.9%) (0.7%) 2.0% (4.2%) (4.9%) $433 FX Q2 2016 6 Commentary Net sales pressured by Commercial volumes ■ A AXALTA ■ Strong volume growth in North America and EMEA Light Vehicle, offset largely by lower volumes in Latin America and Asia Pacific ▪ Lower volumes in Commercial Vehicle driven by heavy truck and other vehicle. markets ▪ Modest increase in price for the segment ▪ 4.2% unfavorable currency translation largely from emerging market exposures Adjusted EBITDA margin up 150 bps Adjusted EBITDA margin benefited from price improvement and some additional variable cost savings
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