JP Morgan Global High Yield & Leveraged Finance Conference slide image

JP Morgan Global High Yield & Leveraged Finance Conference

1 TiO₂ Global Industry Landscape TRONOX Chemours™ Global HQ LTM Revenue LTM Adj. EBITDA Adj. EBITDA margin % TiO₂ Capacity (KT) By technology Chloride Sulfate $3.6 billion $9472 million Total Sales by Product³ 26.5%² 1,078 138 9 4 US, Brazil, UK, Netherlands, Global TiO2 Manufacturing Locations France, KSA, China, Australia Integrated Feedstock ✓✓✓ Feedstock and Other Products Zircon 8% 13% TiO₂ 79% $3.4 billion $809 million US, Mexico, Taiwan Adv. Perf. Materials 22% Tronox Holdings plc | © 2022 24.1% 1,250 Chemical Solutions Thermal & Specialized Solutions 20% 5% 1 Titanium Tech 53% 龙佰集团 LB GROUP $2.7 billion $911 million Mineral 20% 33.3% 1,010 6 5 354 China Zirconium 2% Others 3% TiO₂ 75% KRONOS $1.9 billion $192 million 9.5% 560 120 440 Germany, Belgium, Norway, Canada, US TiO₂ 100% VENATOR¹ $1.7 billion $165 million 9.9% Performance Additives 25% 602 3 225 UK, Germany, Spain, Italy, US, Malaysia X TiO₂ 75% Source: Public filings, CapIQ. Note: Includes public TiO2 players only; Assumes FX rate of 1.00/0.14 CNY/USD; ¹ Chemours Titanium Technologies Segment, Venator Titanium Dioxide segment; 2 Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. See the Appendix for a reconciliation to the nearest GAAP measure; 3 Shown on an LTM basis TRONOX 8
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