Slide 1: Q4 Investor Presentation Feb 2026
Q4 Investor Presentation Feb 2026
Slide 2: Forward-Looking Statements
Celanese Corporation Disclosures 2 Forward-Looking Statements This presentation may contain "forward-looking statements," which include information concerning Celanese Corporation’s (the “Company”) plans objectives, goals, strategies, future revenues, cash flow, financial performance, synergies, cap
Slide 3: Discussion Topics
Discussion Topics 3 Earnings update Key actions and near- term imperatives
Slide 4: Q4 2025 results and highlights
Q4 2025 results and highlights Q4 2025 Results 4 Q4 2025 Highlights * Represents a non-GAAP measure. For information on historical non-GAAP financial measures used by the Company, including definitions and reconciliations to comparable GAAP financial measures, please refer to the Non-US GAAP Financi
Slide 5: Q1 2026 outlook
▪ Demand environment across most end-markets remains soft entering 2026 ▪ Seasonal volume recovery and continued mix enrichment in EM ▪ AC earnings expected to be impacted by timing of Tow dividend and maintenance at our methanol facility in Clear Lake, TX ▪ Ongoing focus to identify and implement a
Slide 6: Successfully executed series of actions in 2025 to advance Celanese priorities
Successfully executed series of actions in 2025 to advance Celanese priorities 6 ✓ Generated $773 million in free cash flow* ✓ Completed refinancing of certain debt maturities ✓ Completed Micromax divestiture, proceeds planned for debt paydown to advance deleveraging ✓ Fully repaid balance on term l
Slide 7: Committed to advancing initiatives in 2026+ that strengthen performance and create shareholder value
Celanese is committed to advancing initiatives in 2026+ that strengthen performance and create shareholder value 7 INCREASE CASH FLOW INTENSIFY COST IMPROVEMENT DRIVE TOP LINE GROWTH to deleverage the balance sheet through supercharging the pipeline & strategic opportunities by maximizing productivi
Slide 8: Strong free cash flow execution in 2025; targeting sustained performance in 2026
Strong free cash flow* execution in 2025; targeting sustained performance in 2026 in uncertain demand conditions 8 ✓ Free cash flow* generation of $773 million in 2025 ✓ Targeting free cash flow* generation of $650 to $750 million in FY2026 − Lower YoY working capital benefit + Lower YoY cash intere
Slide 9: Debt Maturity Profile Pre and Post Refinancing
2026 2027 2028 2029 2030 2031 2032 2033 2034 Opportunistic and prudent refinancing Maintain ample liquidity Excess cash + revolver capacity (currently undrawn) Maintain flexibility via prepayable / callable debt Continually optimize blended borrowing cost across all debt Debt maturities aligned with
Slide 10: Strong and sustainable free cash flow and divestitures drive deleveraging
Strong and sustainable free cash flow* generation and divestitures drive deleveraging Free Cash Flow* and Divestitures ($M) 10 Sustainable cash generation capabilities accelerate debt paydown Accelerating cash flow capabilities and strategic divestitures… * Represents a non-GAAP measure. For informa
Slide 11: Actions driving EM earnings in low demand environment
Actions driving EM earnings in low demand environment while reinforcing foundation for future growth 11 ✓ Lower cost structure provides significant earnings leverage in demand recovery ✓ Revitalization of pipeline leverages broad portfolio and application development capabilities ✓ Execution of stra
Slide 12: Strong focus on actions to offset headwinds and drive AC earnings
Strong focus on actions to offset headwinds and drive AC earnings 12 * Represents a non-GAAP measure. For information on historical non-GAAP financial measures used by the Company, including definitions and reconciliations to comparable GAAP financial measures, please refer to the Non-US GAAP Financ
Slide 13: Achieved over $120 M cost savings in 2025; targeting incremental opportunities in 2026
$25 $15 $30 - $50 $20 - $30 $10 - $20 $80 $10 Achieved over $120 M cost savings in 2025; targeting incremental opportunities of ~$50 M - $70 M in 2026 13 Near Term Cost Reductions Engineered Materials Complexity Reduction Acetyl Chain Productivity $90 million of targeted annualized savings primarily
Slide 14: Celanese Offers a Compelling Investment Opportunity
Celanese Offers a Compelling Investment Opportunity Our mission is to position Celanese as a top quartile company for total shareholder return by delivering earnings growth in any environment 14 Leadership driving change Actions underway to deliver near-term earnings improvement Strong earnings leve