Driving Shareholder Returns slide image

Driving Shareholder Returns

Favorable Regulatory Trends Accelerating Opteon TM Adoption •The EU and the United States are the two key end-markets driving regulatory acceleration of Opte on TM adoption through a GWP- based quota system • The AIM Act empowers the EPA to reduce US HFC production and consumption ~85% by 2036, driving customers to transition to low GWP HFO refrigerants, including Opteon TM as one of two viable choices • The phasedown is organized in a stepwise manner, utilizing an allowance allocation and trading program; GWP stepdown based on CO2eq allocation PERCENT OF PHASE DOWN* 100% 90% 80% 70% 60% 50% 40% 30% 2024 Stepdown US: 30% (40% cumulative) *EU:21% (76% cumulative) 20% 10% 0% 2015 2017 2019 2021 2023 2025 2027 YEAR 2029 2031 2033 2035 2037 2039 AIM F-Gas F-Gas Revision Kigali A1 Kigali A5 16 Source: Internal Estimates Footnote: US 304 MMT CO2eq EU 182 MMT CO2eq *EU Stepdown figures derived from F-Gas Revision Montreal Protocol/ Kigali US AIM Act EU F-Gas Regulation Chemours™
View entire presentation