Tronox Holdings Plc · NYSE:TROX
Tronox — ESG Presentation (March 2021)
31 slides from Tronox's sustainability presentation, Mar 23, 2021
Slide 1: Sustainable Growth
Sustainable Growth Tronox Holdings plc March 23, 2021 Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 1
Slide 2: Safe Harbor Statement and Non-U.S. GAAP Financial Terms
Safe Harbor Statement and Non-U.S. GAAP Financial Terms Cautionary Statement about Forward-Looking Statements Statements in this presentation that are not historical are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking
Slide 3: Agenda
AGENDA Introduction Leading With Safety Strategic Vision and Sustainable Value Creation Integrating Sustainability Commitment To Continuous Progress Q&A Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 3
Slide 4: Leading with Safety
2019 2020 Leading Lowest Safest year with Safety total recordable injury in company history frequency rate in Tronox (lowest DIFR and TRIFR) Safety is our #1 company history 4
Slide 5: Delivering Essential Products Safely during COVID-19
Leading with Safety Delivering Essential Products Safely during COVID-19 Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 5
Slide 6: Driving sustainable growth
Driving sustainable growth for the future of our company, employees, customers, communities and our world. Paraíba Mine, Brazil 6
Slide 7: Strategic Vision and Sustainable Value Creation
Strategic Vision and Sustainable Value Creation Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 7
Slide 8: Company Overview
Company Overview • 2020 revenue of $2.758 billion • World’s leading vertically integrated TiO2 producer • Second largest TiO2 pigment producer • Second largest mineral sands producer • One of the world’s largest producers of zircon and high-grade feedstock • Nine TiO2 manufacturing plants and six mi
Slide 9: Balanced Geographic Footprint and End-Market Exposure
Balanced Geographic Footprint and End-Market Exposure 2020 Revenue of $2.758 billion, Adjusted EBITDA of $668 million, and Free Cash Flow of $160 million Balanced Geographical Sales1 Sales by Product1 Feedstock and Other Products 29% 11% 32% Zircon 10% TiO2 79% 28% Plastic Paints & 13%2 Coatings 60%
Slide 10: Sustainability supports our strategy
Sustainability supports our strategy: 10 Business Enabler | Risk Mitigation | Value Creation | Talent Acquisition
Slide 11: Our Values
Our Values • We have an uncompromising focus on operating safe, reliable and responsible facilities. • We honor our responsibility to create value for stakeholders. • We treat others with respect and act with personal and organizational integrity. • We build our organization with diverse, talented p
Slide 12: How We Think About Sustainability in Our Business
How We Think About Sustainability in Our Business Environment Responsible Business When it comes to managing our environmental Tronox is well positioned to provide value to our impact, we begin with the end in mind. We actively customers and shareholders by delivering products strive to protect our
Slide 13: Integrating Sustainability into Key Business Priorities
Integrating Sustainability into Key Business Priorities Planning and Risk Mitigation • Sustainability included in annual Privilege to Operate planning • Sustainability factors incorporated in • Operate in a way that is protective of public capital project criteria health and the environment • ESG ri
Slide 14: Key Areas of Focus
Key Areas of Focus Environment Employees Communities Responsible Business Governance Climate Risk Health & Safety Indigenous Economic Board Rights Performance Governance Emissions Labor/ Reduction Management Local Products for a Business Relations Communities Cleaner World Conduct Water Conservation
Slide 15: Value Capture: Products for a Cleaner World
Value Capture Products for a Cleaner World Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 15
Slide 16: Value Capture: Generating Value from our Waste Streams
Value Capture Generating Value from our Waste Streams • At our Botlek Pigment Plant in the Netherlands, we are piloting a process to recover scandium. If successful, Tronox would be the first company in Europe able to supply this highly valued, but extremely scarce, element for the aerospace and 3D-
Slide 17: Committed to Progress
Committed to Progress Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 17
Slide 18: A Strong Foundation
A Strong Foundation First Corporate First report in Name Chief Expand Centers Updated Responsibility GRI framework Sustainability of Excellence materiality Report in 2012 in 2014 Officer assessment Code of Ethics Corporate newTRON Corporate Establish and Business incentive tied project launched ince
Slide 19: 2020 Environmental Data
2020 Environmental Data Energy Use Energy GHG Emissions Rehabilitation Expenditures Intensity Rehabilitatio n Expenditures 10.83 million MWh of energy used 4.26 million tCO2e GHG emitted 4% decrease in 5% decrease in 4.08 MWh of energy used per 1.60 tCO2e GHG emitted per energy intensity GHG intensi
Slide 20: Looking to the Future of Sustainable Growth
Looking to the Future of Sustainable Growth Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 20
Slide 21: Setting Targets for the Future
Setting Targets for the Future Acting with Intention We are in the process of setting short- and medium-term goals that help us reach our long-term objectives, including: Achieving Zero waste Achieve Zero Harm by Foster and build a carbon to external building capacity in our workforce that reflects
Slide 22: 2021 Commitments
2021 Commitments Acting with Intention 1 2 3 4 5 Shareholder Map reporting to Analyze our Evolve Continue to engagement Sustainability global capital and engage our to understand Accounting footprint to operational workforce how Tronox is Standards Board better investment around our assessed (SASB)
Slide 23: Compensation Linked to Sustainability
Compensation Linked to Sustainability 20% 5% of the payout under our annual incentive tied to incentive plan (AIP) is tied to Carbon Footprint satisfaction of certain Safety, Reduction Health and Environment criteria Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 23
Slide 24: Driving Sustainable Growth Summary
Driving Sustainable Growth Summary • Sustainability is fully integrated into our company and strategy to help us manage risks and identify opportunities for continuous improvement, efficiency and value capture. • Tronox has made intentional progress over many years. • With the acquisition of Cristal
Slide 25: Q&A Session
Q&A Session Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 25
Slide 26: Appendix
Appendix Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2021 26
Slide 27: Consolidated Statements of Operations (U.S. GAAP)
Consolidated Statements of Operations (U.S. GAAP) TRONOX HOLDINGS PLC CONSOLIDATED STATEMENTS OF OPERATIONS (U.S. GAAP) (UNAUDITED) (Millions of U.S. dollars, except share and per share data) Three Months Ended Decem ber 31, Year Ended Decem ber 31, 2020 2019 2020 2019 Net sales $ 783 $ 693 $ 2,758
Slide 28: Consolidated Statements of Cash Flows
TRONOX HOLDINGS PLC CONSOLIDATED STATEMENTS OF CASH FLOWS Consolidated Statements of Cash Flows (UNAUDITED) (Millions of U.S. dollars) Year Ended December 31, 2020 2019 Cash Flows from Operating Activities: Net (loss) income $ 995 $ (97) Net income (loss) from discontinued operations, net of tax - $
Slide 29: Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA (NON-U.S. GAAP) TRONOX HOLDINGS PLC RECONCILIATION OF NET INCOME (LOSS) TO EBITDA AND ADJUSTED EBITDA (NON-U.S. GAAP) (UNAUDITED) (Millions of U.S. dollars) Three Months Ended December 31, Year Ended December 31, 2020 2019 2020 2019 N
Slide 30: Free Cash Flow (Non-U.S. GAAP)
Free Cash Flow (NON-U.S. GAAP) TRONOX HOLDINGS PLC FREE CASH FLOW (NON-U.S. GAAP) (UNAUDITED) (Millions of U.S. dollars) The following table reconciles cash used in operating activities to free cash flow for the year ended December 31, 2020: Consolidated Cash provided by operating activities - conti
Slide 31: Additional 2019 Highlights
Additional 2019 Highlights 18% female board membership in 2019 NEARLY 20% 22% female board membership of employees coincides with our nearly 20% female workforce are female HOME TO $1.5M 170 invested in our critically endangered communities blonde capuchin monkeys Tronox Holdings plc | tronox.com |