If properly selected, the overmolded TPE will form a strong bond with the plastic that is maintained in the end-use environment. If an insert surface is not clean, loss of adhesion between the TPE and substrate is a strong possibility. If an insert surface is not clean, loss of adhesion between the TPE and substrate is a strong possibility.

GUIDANCE 8 15.4% 15.9% Adjusted EBITDA Margin % Better-than-expected margins driven by: • Favorable mix - strong demand for composite applications • Raw material deflation Q2 EBITDA BRIDGE 9 ($ millions) CAI: Price / Mix 7) Deflation 11) SEM: Price / Mix 2) Deflation 6) Net Price Benefit 26) Wage and Energy Inflation (10) Cost Reductions 13) FX (2) Q2 2023 Actual $131) Adjusted EBITDA Q2 2022 Pro Forma $ 172) Demand (68) • Demand conditions vs. expectations: LATAM • Net price benefit remains greater than wage and energy inflation • Clariant synergies and reduced administrative costs Q2 2023 SEQUENTIAL SALES BY REGION Q 2 2 0 2 3 v s .

FX) as strong growth in healthcare applications was offset by weak transportation demand, as well as lower defense sales on tough year over year comparisons • Unfavorable mix related to lower defense sales resulted in lower margin in the quarterAdj.

An elastomer might have a strong resistance to stretching initially but become weaker as it elongates (called "necking").

Combined with strong performance from the company's

Thermoplastic elastomers with strong tear strength

An elastomer might have a strong resistance to stretching initially but become weaker as it elongates (called "necking").

Strong and sustainable alternative to conventionally filled grades, reducing the carbon footprint

When properly selected, overmolded TPEs will form a strong bond (a cohesive bond) with the thermoplastic substrate without the need for primers or adhesives.

When properly selected, overmolded TPEs will form a strong bond (a cohesive bond) with the thermoplastic substrate without the need for primers or adhesives.