Venator Business Overview and Cost Savings Initiatives

3 Weak Current Operating Performance Leading to negative EBITDA in Q3 and Q4 2022 Quarterly EBITDA ($m) VENATOR 57 61 57 49 48 43 40 37 46 46 25 40 49 49 35 22 13 725 36 35 17 54 25 21 23 15 18 5 19 20 19 (11) (11) (15) (14) (11) (11) (14) (12) (7) 5 (12) (8) (50) (12) TiO2 1Q20 2Q20 3Q20 4Q20 1Q21 Performance Additives 2Q21 Corporate and Others 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 (57) 136 181 40 40 2020A to 2022A EBITDA Bridge ($m) 180 (175) (2) 374 (140) 53 2020A Adj. EBITDA Price / Mix Volume COGS SG&A and Other 2021A Adj. EBITDA Price / Mix Volume (351) COGS SG&A and Other 2022A Adj. EBITDA

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