Huntsman Corporation · NYSE:HUN

Huntsman — Q3 2026 Earnings Presentation

17 slides from Huntsman's earnings presentation, Nov 2, 2026

  1. Slide 1: 3Q26 Earnings Summary

    3Q26 Earnings Summary November 2, 2026 1

  2. Slide 2: Earnings Summary Conference Call

    3rd Quarter 2026 Earnings Summary Conference Call Tuesday, November 3, 2026 9:00 a.m. ET Webcast Link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=oRyBrBjV Participant dial-in numbers: Domestic callers: (877) 402-8037 International callers: (201) 378-4913 2

  3. Slide 3: General Disclosure

    General Disclosure Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include statements concerning our plans, obje

  4. Slide 4: Overview

    3Q26 Earnings Summary Overview ($ in millions, except per share amounts) 3Q26 3Q25 Revenues $ 1,717 $ 1,460 Net loss attributable to Huntsman Corporation $ (18) $ (25) Adjusted net income (loss) $ 7 $ (5) Diluted loss per share $ (0.10) $ (0.14) Adjusted diluted income (loss) per share $ 0.04 $ (0.0

  5. Slide 5: Polyurethanes

    3Q26 Earnings Summary Polyurethanes Revenues Adjusted EBITDA 3Q 2026 LTM $4.1B $, in millions $, in millions Adjusted EBITDA Margin Sales Revenue $1,152 $75 $956 $205M Adj. EBITDA $48 7% 5% 5% Adj. EBITDA Margin 3Q26 3Q25 3Q26 3Q25 Highlights 4Q26 Outlook 3Q26 Y/Y Change  Volumes increased 2% year-

  6. Slide 6: Performance Products

    3Q26 Earnings Summary Performance Products Revenues Adjusted EBITDA 3Q 2026 LTM $1.0B $, in millions $, in millions Adjusted EBITDA Margin $400 Sales Revenue $31 $350 $260 $29 $246 $110M $300 $250 Adj. EBITDA $200 12% 12% 11% $150 $100 Adj. EBITDA Margin $50 $0 3Q26 3Q25 3Q26 3Q25 Highlights 4Q26 Ou

  7. Slide 7: Advanced Materials

    3Q26 Earnings Summary Advanced Materials Revenues Adjusted EBITDA 3Q 2026 LTM $1.1B $, in millions $, in millions Adjusted EBITDA Margin $400 $62 Sales Revenue $350 $314 $265 $44 $207M $300 Adj. EBITDA 20% $250 $200 17% 18% $150 $100 Adj. EBITDA Margin $50 $0 3Q26 3Q25 3Q26 3Q25 Highlights 4Q26 Outl

  8. Slide 8: Revenue Bridge

    3Q26 Earnings Summary Revenue Bridge Year / Year Quarter / Quarter $, in millions $, in millions $4 $53 $209 $3 ($2) $44 $1,717 $1,717 $1,663 $1,460 (1) (2) (2) (2) (2) 3Q25 Revenue Volume Price & Mix FX 3Q26 Revenue 2Q26 Revenue Volume Price & Mix FX 3Q26 Revenue (1) Excludes sales volumes of bypro

  9. Slide 9: Adjusted EBITDA Bridge – By Division

    3Q26 Earnings Summary Adjusted EBITDA Bridge – By Division Year / Year Quarter / Quarter $, in millions $, in millions $18 $9 $11 $27 $2 ($9) ($6) ($2) $132 $132 $120 $94 3Q25 Adjusted Polyurethanes Performance Advanced Corporate and 3Q26 Adjusted 2Q26 Adjusted Polyurethanes Performance Advanced Cor

  10. Slide 10: Cost Realignment Plans

    3Q26 Earnings Summary Cost Realignment Plans Delivery of >$100M Run Rate Benefits Cumulative In Year Savings Commentary 140 >$120M Program Highlights ~$120M >$100M 3Q26 120 Annualized Run Rate Targeted Run Rate Benefits ~$100M 100 80 Site Closures Announced: Expected Restructuring Cash Costs ~$90M 6

  11. Slide 11: Cash Flow and Liquidity Considerations

    3Q26 Earnings Summary Cash Flow and Liquidity Considerations Earnings and Cash Flow 3Q25 3Q26 2025 LTM Commentary Adjusted EBITDA $94 $132 $275 $360 Cash Flow From Operations $200 $115 $298 $79  Balance sheet with $0.9 billion of liquidity at the close of the quarter Capital Expenditures ($43) ($33

  12. Slide 12: 4Q26 Outlook Summary

    3Q26 Earnings Summary 4Q26 Outlook Summary 4Q26 Adjusted EBITDA Polyurethanes $35M – $50M Performance Products $20M – $25M Advanced Materials $42M – $47M Corporate ~($40M) Total ~$60M – $80M Underlying 4Q26 Guidance Assumptions • Raw material volatility continues, with an expected significant increa

  13. Slide 13: OlinHuntsman Merger of Equals Transaction Update

    3Q26 Earnings Summary OlinHuntsman Merger of Equals Transaction Update TRANSACTION OVERVIEW PATH TO CLOSE — KEY MILESTONES & STATUS  All stock Merger of Equals Jun 15-16, 2026 Jul 13, 2026 Aug 25, 2026 Sep 11, 2026 10/27/2026 3Q 2026 Onwards 1Q 2027 As of November 2, 2026  Creates a vertically-int

  14. Slide 14: Appendix

    Appendix 14

  15. Slide 15: 2026 Additional Modeling Considerations

    3Q26 Earnings Summary 2026 Additional Modeling Considerations Adjusted EBITDA/ Income Statement Cash Flow Full Year Corporate & Other ~$160M(1) Dividends from Equity Affiliates ~$5M Headwind YoY Cost Savings Program Benefit >$50M(2) Cash Taxes ~$35M Tailwind YoY(3) Interest Expense ~$10M Headwind Yo

  16. Slide 16: Financials and Reconciliation

    3Q26 Earnings Summary Financials and Reconciliation USD In millions 1Q24 2Q24 3Q24 4Q24 FY24 1Q25 2Q25 3Q25 4Q25 FY25 1Q26 2Q26 3Q26 3Q26 LTM Segment Revenues: Polyurethanes $ 926 $ 1,001 $ 1,003 $ 970 $ 3,900 $ 912 $ 932 $ 956 $ 897 $ 3,697 $ 923 $ 1,079 $ 1,152 $ 4,051 Performance Products 291 299

  17. Slide 17: Financials and Reconciliation

    3Q26 Earnings Summary Financials and Reconciliation USD In millions 1Q24 2Q24 3Q24 4Q24 FY24 1Q25 2Q25 3Q25 4Q25 FY25 1Q26 2Q26 3Q26 3Q26 LTM Net (loss) income $ (23) $ 38 $ (17) $ (125) $ (127) $ 11 $ (145) $ (11) $ (82) $ (227) $ (41) $ 7 $ (5) $ (121) Net income attributable to noncontrolling int

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