Huntsman Corporation · NYSE:HUN

Huntsman — Q1 2026 Earnings Presentation

16 slides from Huntsman's earnings presentation, May 1, 2026

  1. Slide 1: 1Q26 Earnings Summary

    1Q26 Earnings Summary April 30, 2026 1

  2. Slide 2: Earnings Summary: Conference Call Details

    1st Quarter 2026 Earnings Summary Conference Call Friday, May 1, 2026 10:00 a.m. ET Webcast Link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=CrqpAfyY Participant dial-in numbers: Domestic callers: (877) 402-8037 International callers: (201) 378-4913 2

  3. Slide 3: General Disclosure: Forward-Looking Statements

    General Disclosure Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward- looking statements include statements concerning our plans, obj

  4. Slide 4: Highlights

    1Q26 Earnings Summary Highlights ($ in millions, except per share amounts) 1Q26 1Q25 Revenues $ 1,420 $ 1,410 Net loss attributable to Huntsman Corporation $ (53) $ (5) Adjusted net loss $ (35) $ (19) Diluted loss per share $ (0.31) $ (0.03) Adjusted diluted loss per share $ (0.20) $ (0.11) Adjusted

  5. Slide 5: Polyurethanes

    1Q26 Earnings Summary Polyurethanes Revenues Adjusted EBITDA 1Q 2026 LTM $3.7B $, in millions $, in millions Adjusted EBITDA Margin Sales Revenue $923 $912 $42 $39 $143M Adj. EBITDA 4% 5% 4% Adj. EBITDA Margin 1Q26 1Q25 1Q26 1Q25 Highlights 2Q26 Outlook 1Q26 Y/Y Change  Volumes increased 4% year-ov

  6. Slide 6: Performance Products

    1Q26 Earnings Summary Performance Products Revenues Adjusted EBITDA 1Q 2026 LTM $1.0B $, in millions $, in millions Adjusted EBITDA Margin $400 Sales Revenue $350 $30 $257 $26 $103M $300 $250 $228 Adj. EBITDA $200 12% 11% $150 Adj. EBITDA Margin 11% $100 $50 $0 1Q26 1Q25 1Q26 1Q25 Highlights 2Q26 Ou

  7. Slide 7: Advanced Materials

    1Q26 Earnings Summary Advanced Materials Revenues Adjusted EBITDA 1Q 2026 LTM $1.1B $, in millions $, in millions Adjusted EBITDA Margin $400 $45 Sales Revenue $36 $350 $279 $249 $170M $300 $250 Adj. EBITDA $200 16% 14% 16% $150 $100 Adj. EBITDA Margin $50 $0 1Q26 1Q25 1Q26 1Q25 Highlights 2Q26 Outl

  8. Slide 8: Revenue Bridge

    1Q26 Earnings Summary Revenue Bridge Year / Year Quarter / Quarter $, in millions $, in millions $14 $54 $43 $11 $11 ($58) $1,410 $1,420 $1,420 $1,355 (1) (2) (2) (2) (2) 1Q25 Revenue Volume Price & Mix FX 1Q26 Revenue 4Q25 Revenue Volume Price & Mix FX 1Q26 Revenue (1) Excludes sales volumes of byp

  9. Slide 9: Adjusted EBITDA Bridge – By Division

    1Q26 Earnings Summary Adjusted EBITDA Bridge – By Division Year / Year Quarter / Quarter $, in millions $, in millions $9 $5 $9 ($1) $10 ($3) ($4) $14 $72 $73 $73 $35 1Q25 Adjusted Polyurethanes Performance Advanced Corporate and 1Q26 Adjusted 4Q25 Adjusted Polyurethanes Performance Advanced Corpora

  10. Slide 10: Cost Realignment Plans

    1Q26 Earnings Summary Cost Realignment Plans Delivery of ~$100M Run Rate Benefits Cumulative In Year Savings Commentary 140 Program Highlights ~$110M >$100M 1Q26 120 $100M Annualized Run Rate Targeted Run Rate Benefits ~$100M 100 80 Site Closures Announced: Expected Restructuring Cash Costs ~$80M 60

  11. Slide 11: Cash Flow and Liquidity Considerations

    1Q26 Earnings Summary Cash Flow and Liquidity Considerations Commentary Earnings and Cash Flow 1Q25 1Q26 2025 LTM Adjusted EBITDA $72 $73 $275 $276  Balance sheet with $0.9 billion of liquidity at the close of the quarter Cash Flow From Operations ($71) ($53) $298 $316  On February 9, 2026, we ent

  12. Slide 12: 2Q26 Outlook Summary

    1Q26 Earnings Summary 2Q26 Outlook Summary 2Q26 Adjusted EBITDA Polyurethanes $60M – $75M Performance Products $30M – $40M Advanced Materials $50M – $55M Corporate ~($40M) Total ~$100M – $130M Underlying 2Q26 Guidance Assumptions • Increased pricing to mitigate rising costs • Raw material volatility

  13. Slide 13: Appendix

    Appendix 13

  14. Slide 14: 2026 Additional Modeling Considerations

    1Q26 Earnings Summary 2026 Additional Modeling Considerations Adjusted EBITDA/ Income Statement Cash Flow Full Year Corporate & Other ~$140M - $150M Dividends from Equity Affiliates ~$10M Headwind YoY Cost Savings Program Benefit ~$45M(1) Cash Taxes ~$40M Tailwind YoY(2) Interest Expense ~Similar to

  15. Slide 15: Financials and Reconciliation

    1Q26 Earnings Summary Financials and Reconciliation USD In millions 1Q24 2Q24 3Q24 4Q24 FY24 1Q25 2Q25 3Q25 4Q25 FY25 1Q26 1Q26 LTM Segment Revenues: Polyurethanes $ 926 $ 1,001 $ 1,003 $ 970 $ 3,900 $ 912 $ 932 $ 956 $ 897 $ 3,697 $ 923 $ 3,708 Performance Products 291 299 280 239 1,109 257 270 246

  16. Slide 16: Financials and Reconciliation

    1Q26 Earnings Summary Financials and Reconciliation USD In millions 1Q24 2Q24 3Q24 4Q24 FY24 1Q25 2Q25 3Q25 4Q25 FY25 1Q26 1Q26 LTM Net (loss) income $ (23) $ 38 $ (17) $ (125) $ (127) $ 11 $ (145) $ (11) $ (82) $ (227) $ (41) $ (279) Net income attributable to noncontrolling interests (14) (16) (16

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