Q3 Performance Coatings Report

Performance Coatings Demand Environment Refinish The global refinish market showed modest sequential improvement in Q3 traffic indicators - U.S. miles driven have returned to near normal levels as of September; body shop activity down -12% versus 2019 levels ■ Europe miles driven continued to improve markedly in Q3 with traffic surpassing 2019 levels; body shop activity has recovered to around 7% below 2019 levels at the end of Q3 Latin America Q3 miles driven showed sequential improvement with Brazil well above pre-COVID levels and Mexico recovering to ~4% below pre- COVID levels For Asia, all countries served have substantially recovered from pandemic impacts to miles driven though Thailand and India lag somewhat and Australia slowed mid-summer Industrial Broad-based global industrial demand recovery; continued growth from all end businesses, including Energy Solutions, Building Products, and General Industrial ▪ U.S. housing and remodeling market remains strong Raw material supply constraints hindered further sales upside in Q3 in Building Products and General Industrial 8 A AXALTA

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