Investor Presentaiton

Disciplined Capital Allocation Framework Uses of Cash 2016-2020 Debt Paydown 18% M&A 35% Share ~$2.2B Repurchases 20% 27% CapEx Capital Allocation Priorities CapEx Maintenance CapEx of $30-50M per annum - - Ongoing productivity and footprint optimization S/4HANA implementation ■ M&A - Disciplined approach to strategic bolt-ons and high-growth adjacencies ■ Share Repurchases - Multi-year program; ~$600M remaining on authorized program ■ Debt Paydown - Long-term leverage target of ~2.5x ROBUST FRAMEWORK FOCUSED ON GROWTH AND SHAREHOLDER VALUE CREATION AXALTA COATING SYSTEMS 29

View entire presentation