Slide 1: Second Quarter 2026 Financial Results
Second Quarter 2026 Financial Results Earnings webcast August 4, 2026
Slide 2: Forward looking statements
Forward looking statements On November 1, 2025, we completed the spin-off (the “Spin-Off”) from DuPont de Nemours, Inc. ("DuPont"), thereby creating Qnity Electronics, Inc. ("Qnity"), a new independent, publicly traded electronics company. This presentation contains "forward-looking statements" with
Slide 3: Non-GAAP financial measures
Non-GAAP financial measures This presentation includes information that does not conform to accounting principles generally accepted in the United Adjusted gross profit is calculated as Gross Profit (net sales less cost of sales), excluding the impact of Significant items on States of America (“U.S.
Slide 4: Key takeaways
Key takeaways 22% Q2 Organic Sales1 Strong organic growth momentum driven by the Growth industry’s shift toward shrink and stack End market mix evolution continues toward high 24% value AI-led applications, creating durable long- Q2 Adjusted Operating term growth opportunities EBITDA1 Growth Raised
Slide 5: Qnity Q2 Financial Performance
Qnity Q2 Financial Performance Net Sales1 (in $ millions) Key Drivers of Q2 2026 $1,429 Above Market Growth +22% $1,170 Net Sales1 • Continued momentum led by the shift toward shrink and stack • Strategic growth platforms continue to be advanced nodes, advanced packaging and Q2 2025 Q2 2026 intercon
Slide 6: Semiconductor Technologies
Semiconductor Technologies Net Sales1 (in $ millions) Key Drivers of Q2 2026 Above Market Growth $ 744 +16% $ 644 Net Sales1 • Strong demand and content gains driven by greater than 20% year-over-year growth in advanced nodes Q2 2025 Q2 2026 • Continued broad-based improvement in fab utilization rat
Slide 7: Interconnect Solutions
Interconnect Solutions Net Sales1 (in $ millions) Key Drivers of Q2 2026 Above Market Growth $ 685 +30% $ 526 Net Sales1 • >50% year-over-year growth across strategic growth platforms of advanced packaging, AI PCBs, and thermal management solutions Q2 2025 Q2 2026 • Sustained strength in premium con
Slide 8: Raising FY 2026 Financial Guidance
Raising FY 2026 Financial Guidance Guidance at Q1 Current Guidance Mid-point Increase Net Sales $5.225B - $5.375B $5.55B - $5.65B + $300M Adjusted Operating EBITDA1 $1.535B - $1.625B $1.675B - $1.725B + $120M Adjusted EPS2 $3.80 - $4.14 $4.40 - $4.60 + $0.53 Adjusted Free Cash Flow3 $500M - $600M $6
Slide 9: Appendix
Appendix 9
Slide 10: Updated Additional Full Year 2026 Modeling Considerations
Updated Additional Full Year 2026 Modeling Considerations Income Statement Highlights Capex Highlights Capital Expenditures ~$450 - $470M Depreciation ~$195-$200M, pre-tax Intangible Amortization ~$200-$205M, pre-tax Base Tax Rate1 ~21% Interest Expense, Net2 $240-250M, pre-tax Share Count – Diluted
Slide 11: Qnity: a broad pure-play technology leader for the fast-growing semiconductor market
Qnity: a broad pure-play technology leader for the fast-growing semiconductor market End-to-end portfolio breadth for solutions to the semiconductor value chain; >65% of portfolio tied directly to semiconductors1 Leading the transition to advanced nodes with ~90% unit-based consumables Decades-long
Slide 12: Our Capital Allocation Priorities
Our Capital Allocation Priorities Prioritizing organic reinvestment while balancing capability-enhancing M&A, capital returns, and financial strength Opportunistic M&A Strong Free Cash Organic Flow Generation Reinvestment Leverage Management Capital Returns Strong free cash flow supports a disciplin
Slide 13: Reconciliations
Reconciliations <4 os >
Slide 14: Qnity Electronics, Inc.
Qnity Electronics, Inc. Selected Financial Information and Non-GAAP Measures (Unaudited) Reconciliation of Net Income to Adjusted Operating EBITDA and Adjusted Pro Forma Operating EBITDA and reconciliation of Net Income Margin to Adjusted Pro Forma Operating EBITDA Margin a [mons [2026 REET [10 02 2
Slide 15: Net income available for Qnity common stockholders
1. Net income available for Qnity common stockholders. 2. Earnings per common share - diluted. 3. All Non-GAAP Adjustments are shown on a pre-tax basis with the exception of "Income Tax Items" and "Tax effect of Non-GAAP Adjustments" 4. Q2 2026 Transformation, integration and other charges primarily
Slide 16: Net income available for Qnity common stockholders
1. Net income available for Qnity common stockholders. 2. Earnings per common share - diluted. 3. All Non-GAAP Adjustments are shown on a pre-tax basis with the exception of "Income Tax Items" and "Tax effect of Non-GAAP Adjustments" 4. Transformation, integration and other charges for the six month
Slide 17: Adjusted Free Cash Flow (Unaudited)
Qnity Electronics, Inc. Adjusted Free Cash Flow (Unaudited) Reconciliation of "Cash provided by operating activities" to Adjusted Free Cash Flow ', Adjusted Pro Forma Free Cash Flow * ee) Cash provided by operating activities (GAAP) 241 273 135| | $ Less: Capital expenditures 90 49 122 Less: Transfo
Slide 18: Net Sales by Segment and Geographic Region
Qnity Electronics, Inc. Segment and Geographic Information (Unaudited) Net Sales by Segment and Geographic Region — — —K I _~~~”_™””—™—”—EB-__AAA AA ABA__AX A Oi—~—E—E$ oA A A AL) Semiconductor Technologies $ 744 644 722 $ 1,466] $ 1,288 Interconnect Solutions 685 526 593 1,278 1,000 Total $ 1,429 1
Slide 19: Net Sales Variance by Segment and Geographic Region
Qnity Electronics, Inc. Segment and Geographic Information (Unaudited) Net Sales Variance by Segment and Geographic Region Percent change from prior year Local Price & (Unaudited) Product Mix Volume Total Organic Currency Total Semiconductor Technologies (1)%| 18%| 17%| (1)% 16%) Interconnect Soluti
Slide 20: Net Sales Variance by Segment and Geographic Region
3s Qnity Electronics, Inc. Segment and Geographic Information (Unaudited) Net Sales Variance by Segment and Geographic Region Percent change from prior year Local Price & (Unaudited) Product Mix Volume Total Organic Currency Total Semiconductor Technologies (1)% 15% 1 14%| Interconnect Solutions - 2
Slide 21: Adjusted Operating EBITDA by Segment
Qnity Electronics, Inc. Segment Information (Unaudited) Adjusted Operating EBITDA by Segment and Adjusted Pro Forma Operating EBITDA fom [CM 20251020 | [Semiconductor Technologies: $ 253/$ 226/$ 263/15 516|S 473 Interconnect Solutions 197 137 169 366 251 Corporate (19)] (9)} (21)| (40) (15)| Adjuste
Slide 22: Selected Financial Information and Non-GAAP Measures
Selected Financial Information and Non-GAAP Measures 22
Slide 23: Reconciliation of Effective Tax Rate to Base Tax Rate
Qnity Electronics, Inc. Selected Financial Information and Non-GAAP Measures (Unaudited) Reconciliation of Effective Tax Rate (GAAP) to Base Tax Rate (non-GAAP) and Adjusted Pro Forma Base Tax Rate (non-GAAP) Effective Tax Rate (GAAP) 31.7%] 22.4%! 25.7%! 28.5%! 20.8%! Less: Significant items (charg
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