Corning Incorporated · NYSE:GLW

Corning — Bernstein's 38th Annual Strategic Decisions Conference 2022

14 slides from Corning's conference presentation, Jun 2, 2022

1. Slide 1: Bernstein's 38th Annual Strategic Decisions Conference

   Bernstein’s 38th Annual Strategic Decisions Conference Wendell P. Weeks Chairman and Chief Executive Officer June 2, 2022 1

2. Slide 2: Forward-Looking and Cautionary Statements

   Forward-Looking and Cautionary Statements The statements in this Quarterly Report on Form 10-Q, in reports subsequently filed by Corning with the SEC on Forms 8-K, and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate

3. Slide 3: Performance Update and Outlook

   Performance Update $3.7B 36.6% $0.54 $171M Q1 Core Sales Q1 Gross Margin Q1 Core EPS Q1 Free Cash Flow 15% Increase YoY Expanded 80 bps YoY 20% Increase YoY On track for another year of strong cash generation © 2022 Corning Incorporated 5 Outlook Q2 2022 FY 2022 Expectations • Sales: $3.7B - $3.9B •

4. Slide 4: © 2022 Corning Incorporated

   © 2022 Corning Incorporated 8 4

5. Slide 5: More Corning: Focused & Cohesive Portfolio

   Focused & Cohesive Portfolio 3 Core Technologies 4 Manufacturing & Engineering Platforms 5 Market-Access Platforms Focus >80% of resources on opportunities that leverage capabilities from at least two of three columns © 2022 Corning Incorporated 9 More Corning 5

6. Slide 6: © 2022 Corning Incorporated © 2022 Corning Incorporated

   © 2022 Corning Incorporated 11 © 2022 Corning Incorporated 12 6

7. Slide 7: © 2022 Corning Incorporated © 2022 Corning Incorporated

   © 2022 Corning Incorporated 13 © 2022 Corning Incorporated 14 7

8. Slide 8: © 2022 Corning Incorporated © 2022 Corning Incorporated

   © 2022 Corning Incorporated 15 © 2022 Corning Incorporated 16 8

9. Slide 9: More Corning: Q1'22 Compared to Q1'19

   More Corning Q1’22 Compared to Q1’19 $900M Total Sales Growth 2019-2022 $600M Organic Growth $200M Organic Growth from Markets $400M Organic Growth from “More Corning” © 2022 Corning Incorporated 18 9

10. Slide 10: Commitment to Financial Discipline

    Commitment to Financial Discipline Improving capital efficiency Reducing risk through upfront commitments from others Rewarding shareholders © 2022 Corning Incorporated 19 Commitment to Financial Discipline Improving capital efficiency Reducing risk through upfront commitments from others Rewarding

11. Slide 11: Commitment to Financial Discipline

    Commitment to Financial Discipline Improving capital efficiency Reducing risk through upfront commitments from others Rewarding shareholders © 2022 Corning Incorporated 21 Commitment to Financial Discipline Improving capital efficiency Reducing risk through upfront commitments from others Rewarding

12. Slide 12: © 2022 Corning Incorporated

    © 2022 Corning Incorporated 23 12

13. Slide 13: © 2022 Corning Incorporated

    © 2022 Corning Incorporated 25 13

14. Slide 14: Q&A Session

    Q&A Session 14

Corning — Bernstein's 38th Annual Strategic Decisions Conference 2022 on 6ix