Investor Presentaiton

Debt and Liquidity Summary Capitalization Interest @ 9/30/2021 Maturity $ 628 ($ in millions) Cash and Cash Equivalents Debt: Revolver ($550 million capacity) (1) Variable 2026(2) First Lien Term Loan (USD) Variable 2,032 2024 Total Senior Secured Debt 2,032 Senior Unsecured Notes (EUR) (3) Fixed 520 2025 Senior Unsecured Notes (USD) Fixed 493 2027 Senior Unsecured Notes (USD) Fixed 690 2029 64 44 3,843 3,215 920 3.5x 6.7x Finance Leases Other Borrowings Total Debt Total Net Debt (4) LTM Adjusted EBITDA Total Net Leverage (5) Interest Coverage Ratio (6) (1) $516 million available on our undrawn revolver net of letters of credit (2) Maturity will be accelerated to 2024 in certain circumstances as set forth in Amendment No. 10 (3) Assumes exchange rate of $1.1671 USD/Euro (4) Total Net Debt = Total Debt minus Cash and Cash Equivalents (5) Total Net Leverage = Total Net Debt / LTM Adjusted EBITDA (6) Interest Coverage Ratio = LTM Adjusted EBITDA / LTM Interest Expense Commentary ■ Net leverage of 3.5x at September 30, 2021 increased from 2.6x at June 30, 2021, reflecting U-POL acquisition cash funding, share repurchases, and decline in LTM EBITDA Over $1.1 billion in available liquidity at September 30, 2021 Weighted average cost of debt of 3.07% at September 30, 2021 Long-term debt interest rates are effectively 89% fixed - $250 million of term loan debt protected from rising interest rates with 3-month USD LIBOR capped at 1.50% - $1.375 billion of term loan debt fixed with interest rate swaps at weighted average of 1.84% AXALTA COATING SYSTEMS 24

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