Solstice Advanced Materials Inc. · NASDAQ:SOLS

Solstice Advanced Materials — Merger or Acquisition (July 2026)

19 slides from Solstice Advanced Materials's merger presentation, Jul 20, 2026

1. Slide 1: Solstice Advanced Materials to Acquire Element Solutions

   DRAFT as of 14 - July Solstice Advanced Materials to Acquire Element Solutions Capturing a Generational Growth Opportunity Investor Update July 20th, 2026

2. Slide 2: Forward Looking Statements & Other Disclaimers

   Forward Looking Statements & Other Disclaimers Cautionary Statement Regarding Forward - Looking Statements This communication contains certain forward - looking statements within the meaning of the federal securities laws made pursuant t o the Investors and security holders may obtain free copies of

3. Slide 3: Accelerating Our Strategy and Fueling Expected Significant, Sustainable Value Creation

   Accelerating Our Strategy and Fueling Expected Significant , Sustainable Value Creation • Unlocks the potential of the combined electronics platform – competitive integrated offering in exciting emerging technologies such as advanced packaging and next generation semiconductor materials • Highly com

4. Slide 4: Scaled Electronics Materials Platform with Expected Increased Exposure to High-Growth End Markets

   Scaled Electronics Materials Platform with Expected Increased Exposure to High - Growth End Markets Improved Capabilities to Serve Customers in High - Growth End Markets Industrials & Specialty 1 Advanced Compute ✓ Expanded suite of advanced packaging solutions Refrigerants, Nuclear, ✓ Thermal manag

5. Slide 5: Complementary, High Growth Electronics Portfolio

   Complementary, High Growth Electronics Portfolio Complementary, High Growth Electronics Portfolio Chip Fabrication Packaging PCB Fabrication Board & Final Assembly Industry CAGRs 1 >10% CAGR >10% CAGR HSD% CAGR HSD% CAGR TBU TBU TBU HIGH PURITY ENCAPSUL - PASSIVE HIGH PURITY GASES & THERMAL THERMAL

6. Slide 6: Combined Platform Expected to Accelerate Commercialization of New Advanced Material Products

   Combined Platform Expected to Accelerate Commercialization of New Advanced Material Products Deposition, Advanced Packaging and Thermal Management Solutions for Customers Across the Value Chain Robust Innovation Pipeline to Solve Customer Challenges Copper Cycle: IDMs and Fabs ActiveCopper TM Unlock

7. Slide 7: Complementary Capabilities & Enhanced Footprint Expected to Drive Differentiated Solutions

   Complementary Capabilities & Enhanced Footprint Expected to Drive Differentiated Solutions for the Advanced Compute Era 100+ 65 25 8,300+ Countries & Territories with Manufacturing R&D Patents Owned / Pending / Sales Sites Centers Licenses Application expertise led by on - site technical Longstandin

8. Slide 8: Nuclear to Remain a Core Growth Pillar - Supported by Improved Free Cash Flow Conversion

   Nuclear to Remain a Core Growth Pillar - Supported by Improved Free Cash Flow Conversion Executing on Near - Term Opportunity Prudent Investment and Engagement… …To Meet Expected 2030+ Demand ✓ Further Capacity Expansion Opportunities in Progress ~49 GW 4x by 2050 10+ kt/yr $2+ billion Potential US

9. Slide 9: Element Expected to Accelerate Solstice's Growth Engine

   Element Expected to Accelerate Solstice’s Growth Engine and Position Solstice as an Industry - Leading Electronics Player Expected Growing Electronics Share in the Portfolio Drives High - Quality Revenue Growth $6.8B $1.7B 2025 Combined 2025 Combined Adj. EBITDA 2 Element adds LSD% growth Revenue 1

10. Slide 10: Deal Supported by Net Synergies Expected to Exceed $180M by Year 3

    Deal Supported by Net Synergies Expected to Exceed $180M by Year 3, Run Rate of ~$210M Expected Near - Term Synergies With Further Upside Anticipated Beyond Year 3 Footprint • Global footprint optimization ~$20M Optimization • Procurement savings through ~$210 M Supply Chain harmonized supplier arra

11. Slide 11: With Additional Opportunities Identified That Could Provide Incremental Upside in EBITDA

    …With Additional Opportunities Identified That Could Provide Incremental Upside in EBITDA The Proposed Acquisition of Element Solutions Presents Unique Upside Opportunities • Highly complementary products ( e.g. PVD and ECD) position the Combined Company for deeper customer Deposition and engagement

12. Slide 12: Proven Team to Drive Integration Planning and Post-Close Execution

    Proven Team to Drive Integration Planning and Post - Close Execution • Joined Honeywell in 2012; • Joined Element Solutions in Leads SOLS Strategy, 2015 and has led global Transformation & M&A finance since 2019 and global Integration Management • Executed more than $6bn in IT & HR since 2022 Office

13. Slide 13: Strong Cash Flow Profile Expected to Enable Rapid Deleveraging

    Strong Cash Flow Profile Expected to Enable Rapid Deleveraging… Committed to Maintaining Strong Credit Ratings Expected Combined Net Leverage ~3.5x • $4.7bn of committed bridge financing Combined <3.0x Capitalization • Target capital structure optimizes cost of capital 2.0x – 3.0x while maintaining

14. Slide 14: Without Impacting Anticipated Growth Investments and Capital Return

    …Without Impacting Anticipated Growth Investments and Capital Return Dividends & Portfolio Balance Sheet Growth Capex Share Repurchase Optimization Capital Committed to Maintaining Uninterrupted Investment Opportunistically Focused on High - Grading Allocation a Strong Balance Sheet for Growth Retur

15. Slide 15: Potential to Create A World Leading, Higher Value Advanced Materials Company

    Potential to Create A World Leading, Higher Value Advanced Materials Company 2026E - 2028E 2025 EBITDA 2025 EBITDA – Capex Revenue Growth (%) Margin (%) Conversion (%) TEV / 2026E EBITDA Peer A 7.2% Peer D 39% Peer B 83 % Peer A 19.6x Combined MSD to HSD Peer A 30% Peer A 80 % Peer B 19.4x Peer C 6.

16. Slide 16: Accelerating Our Strategy and Fueling Expected Significant, Sustainable Value Creation

    Accelerating Our Strategy and Fueling Expected Significant , Sustainable Value Creation • Unlocks the potential of the combined electronics platform – competitive integrated offering in exciting emerging technologies such as advanced packaging and next generation semiconductor materials • Highly com

17. Slide 17: Appendix

    Appendix © 2026 Solstice Advanced Materials Inc.

18. Slide 18: Solstice Overview: Global Advanced Materials Leader Exposed to High-Growth Sectors

    Solstice Overview: Global Advanced Materials Leader Exposed to High - Growth Sectors with Secular Tailwinds Specialty 2 Countries & $3.9B 2025 Net Sales $957M 2025 Adj. EBITDA 1 4,000+ Employees 120+ Territories with Sales 18% Electronic Materials 11% Patents owned 72% 2025 Adj. ~25% EBITDA Margin 1

19. Slide 19: Element Solutions Overview: An Advanced Materials Leader Enabling the Next Generation of Electronics

    Element Solutions Overview: An Advanced Materials Leader Enabling the Next Generation of Electronics, Mobility and Connectivity $2.9B 2025 Sales Net $609M 2025 Adj. EBITDA 1 5,200+ Employees 2 50+ Countries Serviced 2 Industrial & Specialty 27% Patents owned / 73% ~21% 2025 Adj. EBITDA Margin 1 17,6

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