Slide 1: 2Q 2026 Earnings Presentation
August 7, 2026 2Q 2026 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: AdvanSix Strategic Priorities
AdvanSix Strategic Priorities Controllable Levers Anchor Through-Cycle Value Creation to Support Total Shareholder Return Commercial Execution Operational Excellence Disciplined Capital Deployment ➢ Winning with customers to profitably fill ➢ Risk-based prioritization of Capex ➢ Generating meaningfu
Slide 4: 2Q 2026 Results Summary
2Q 2026 Results Summary Significant Sequential Improvement vs. 1Q26; Farmer Economics Impacting Fertilizer Demand What We Expected 2Q Results 1 • Sequential improvement in net pricing over raw material • Strong pricing across Plant Nutrients, Chemical Intermediates costs following first quarter head
Slide 5: 2Q 2026 Financial Summary
2Q 2026 Financial Summary ($M, except per share amounts) Highlights Sales Adjusted EBITDA • Sales YoY: Price +18%, Volume (15%) +3% (43%) – Raw Material Pass Through Pricing +13% – Market-Based Pricing +5% • Higher pricing across each product line offsets input cost $410 $404 $421 $56 increases, not
Slide 6: 2Q 2026 Sales By Product Line
2Q 2026 Sales By Product Line Sales YoY Sales +3% QoQ Sales +4% % Formula / Product Price +18% Volume (15%) Price +17% Volume (13%) Index ($M) Nylon ~40% +26% (6%) CPL ~85% 88 100 PN ~0% 80 66 68 63 CI ~60% 2Q25 1Q26 2Q26 2Q25 1Q26 2Q26 Nylon Caprolactam YoY Raw Materials Pass Through +13%, Market-B
Slide 7: 2Q 2026 Adjusted EBITDA Bridge
2Q 2026 Adjusted EBITDA Bridge Net Pricing Offset Raw Material Costs; Lower Sales Volume in Plant Nutrients and Reduced Production Output ($M) Net Price / Raws $72 $72 Year-over-Year Quarter-over-Quarter EBITDA Impact ($M) 1Q26 2Q26 1Q26 2Q26 $26 $17 Gross Raws ($18) ($72) ($38) ($34) $4 $3 Gross Pr
Slide 8: Cash Flow Summary
Cash Flow Summary 1H 2026 Seasonal Use of Cash as Expected; Targeting Sequential Improvement in 2H 2026 Cash Flow Generation ($M) 1H 2025 1H 2026 • 2026 year-to-date performance largely tracking to 2025 year-to-date, net of ~$26M of insurance proceeds in the prior year period Net Income $55 ($12) •
Slide 9: Plant Nutrients / Sulfur Dynamics
Plant Nutrients / Sulfur Dynamics 3rd Party Forecasts Calling For Sulfur Raw Material Price Declines Beginning in 4Q26 Supporting AdvanSix Earnings – Challenging multi-year farmer economics and profitability Sulfur Price ($/lt) – 2026 Spring planting saw significant increase in grower input costs $8
Slide 10: Diversified End Market Exposure
Diversified End Market Exposure End Market ASIX Exposure End Market Performance / Outlook +Higher nitrogen pricing environment; Sulfur nutrition demand growing 3-4% Ag / Fertilizer - Caution around North American crop prices and farmer profitability - Meaningfully higher sulfur input costs Building
Slide 11: 2H 2026 Considerations
2H 2026 Considerations Drivers In Place To Support 2H 2026 Sequential EBITDA and Cash Flow Improvement vs. 1H 2026 2H 2026 vs. 1H 2026 2H 2026 vs. 1H 2026 EBITDA Considerations Cash Considerations ▲ Operational tailwinds – absence of 1Q26 Winter Storm ▲ Ammonium Sulfate pre-buy cash advances – expec
Slide 12: Compelling Investment Thesis
Compelling Investment Thesis Value Drivers Supporting Through-Cycle Profitability and Sustainable Performance ✓ Leading global cost advantage in vertically integrated caprolactam production – unique combination of assets and business model core to our advantage Durable Competitive ✓ Largely insulate
Slide 13: Appendix
AovanSix APPENDIX Good chemistry,
Slide 14: Pricing & Spreads
Key Performance Indicators / Industry Metrics KPIs / Industry Metrics 2Q25 1Q26 2Q26 3Q26E U.S. Benzene ($/MT) ~$770 ~$950 ~$1,300 $1,250-$1,300 • Working actions and pricing mechanisms to recover inflationary raw material cost Input Costs U.S. Polymer Grade Propylene (c/lb) ~$0.38 ~$0.39 ~$0.52 $0.
Slide 15: Planned Plant Turnarounds
Planned Plant Turnarounds Pre-Tax Income Impact by Quarter (1) Primary Unit 1Q 2Q 3Q 4Q FY Operation • Timing driven by compliance, 2017 -- ~$10M ~$4M ~$20M ~$34M Sulfuric Acid inspection and sustaining asset base 2018 ~$2M ~$10M ~$30M -- ~$42M Ammonia • Critical to supporting high utilization 2019
Slide 16: Reconciliation of Non-GAAP Measures to GAAP Measures
Reconciliation of Non-GAAP Measures to GAAP Measures
Slide 17: 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 18: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA (in $ thousands) (2) Adjusted EBITDA margin is defined as Adjusted EBITDA divided by Sales The Company believes the non-GAAP financial measures included in this presentation provide meaningful supplemental information as they are used by the Company’s
Slide 19: 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