Slide 1: 2Q 2025 Earnings Presentation
August 1, 2025 2Q 2025 Earnings Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, that address activities, events or
Slide 3: Overview
Overview Diverse Product Portfolio Supports 2Q25 Performance, Stable Outlook ✓ Resilient performance in 2Q25 amid macro uncertainty 2Q25 Sales – 2Q25 Net Income of $31M, EPS of $1.15, Cash Flow from Operations of $21M $410M ✓ Broader market backdrop remains mixed overall – Plant Nutrients: Strong do
Slide 4: 2Q 2025 Financial Summary
2Q 2025 Financial Summary Resilient Performance Amid Macro Uncertainty ($M, except per share amounts) Sales Adjusted EBITDA Adjusted Diluted EPS Free Cash Flow (10%) ($22) ($0.31) ($24) $78 $1.55 $453 $410 $56 $1.24 $17 ($7) 2Q24 2Q25 2Q24 2Q25 2Q24 2Q25 2Q24 2Q25 Adjusted 17.2% 13.6% Net Income $38
Slide 5: 2Q 2025 Adjusted EBITDA Bridge
2Q 2025 Adjusted EBITDA Bridge Acetone Margins Moderated Off 2024 Multi-Year Highs ($M) (10) (5) • Chemical Intermediates (7) • Plant Nutrients • Nylon / Caprolactam • Utilities primarily natural • Nylon / Caprolactam • Plant Nutrients gas • Chemical Intermediates • Planned turnaround timing $78 $20
Slide 6: 45Q Carbon Capture Tax Credits
45Q Carbon Capture Tax Credits Significant Value Creation – Total Opportunity in the Range of $100M-$120M • Newly enacted legislation continues to support 45Q carbon capture tax credits including utilization • 45Q allows federal tax credits over a 12-year period based on the amount of CO2 captured a
Slide 7: Plant Nutrients Update
Plant Nutrients Update Industry Pricing Commentary Strong Domestic Planting Season; Monitoring Higher Natural Gas • Strong domestic application season – favorable North American ammonium sulfate and Sulfur Costs supply and demand conditions with continued increase in sulfur nutrition demand supporti
Slide 8: Nylon Solutions Update
Nylon Solutions Update Industry Spreads Commentary Global Oversupply Conditions Persist • Navigating an extended downturn in the cycle – global oversupply conditions holding industry pricing steady ($/MT) • AdvanSix price over raws spreads expanding year-over-year amid lower benzene costs 1200 but r
Slide 9: Chemical Intermediates Update
Chemical Intermediates Update Industry Pricing Commentary Lower Global Operating Rates Persist, Higher Propylene Input Costs YoY • Phenol demand remains weak overall – lower global operating rates supporting more balanced acetone supply and demand dynamics (cents per pound) • Anticipated moderation
Slide 10: Our Position As A Diversified Chemistry Company
Our Position As A Diversified Chemistry Company Long U.S. Manufacturing, Supply Chains and Energy; Diverse End Market Exposure Sales by Region* Sales by End Market* Direct Raw Material Spend* EMEA: 2% Asia: 1% Coatings, Other: 11% Adhesives Other LatAm/Canada:11% Packaging Sulfur: 6% Ag / Fertilizer
Slide 11: Appendix
AovanSix APPENDIX Good chemistry,
Slide 12: Capital Expenditures
Capital Expenditures Disciplined and Value Accretive Investments to Support Long-Term Potential Capex Framework Deployment by Year** ($M) • Supporting safe, stable and sustainable operations H$123 ealthy Balance Sheet and $110-$120 • Sustaining maintenance on average $75-$90M per year P r u d e n t
Slide 13: Planned Plant Turnarounds
Planned Plant Turnarounds Pre-Tax Income Impact by Quarter (1) Primary Unit 1Q 2Q 3Q 4Q FY Operation 2017 -- ~$10M ~$4M ~$20M ~$34M Sulfuric Acid • Timing driven by compliance, inspection and sustaining asset base 2018 ~$2M ~$10M ~$30M -- ~$42M Ammonia 2019 -- ~$5M ~$5M ~$25M ~$35M Sulfuric Acid • C
Slide 14: Reconciliation of Non-GAAP Measures to GAAP Measures
Reconciliation of Non-GAAP Measures to GAAP Measures
Slide 15: Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow (in $ thousands) (1) Free cash flow is a non-GAAP measure defined as Net cash provided by operating activities less Expenditures for property, plant and equipment. The Company believes that this metric is useful to investo
Slide 16: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA (in $ thousands) (2) 2024 includes a pre-tax loss of approximately $1.2 million from the reduction of the Company's anticipated receivable related to the gain on the termination fee recorded upon the exit from the Oben Holding Group S.A. alliance durin
Slide 17: Reconciliation of Earnings Per Share to Adjusted Earnings Per Share
Reconciliation of Earnings Per Share to Adjusted Earnings Per Share (in $ thousands except share and per share amounts) The Company believes the non-GAAP financial measures included in this presentation provide meaningful supplemental information as they are used by the Company’s management to evalu