Slide 1: Fourth Quarter and Full Year 2025 Financial Results
Fourth Quarter and Full Year 2025 Financial Results Earnings webcast February 26, 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
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 Indirect legacy benefits/costs relate to cost sharing arrangements executed between DuPont and Qnity at the United States of America (“U.S. GAAP”) and are con
Slide 4: Key takeaways
Key takeaways 10% FY Organic Sales 1 Strong organic growth momentum driven by Growth AI, high - performance computing , and advanced connectivity demand tailwinds Innovation portfolio is strategically aligned 11% with key customer roadmaps in the most FY Adjusted Pro advanced technologies Forma EBIT
Slide 5: Qnity Q4 and FY 2025 financial performance
Qnity Q4 and FY 2025 financial performance Net Sales 1 (in $ millions) Key Drivers of FY 2025 Above Market Growth +10% $ 4,754 +8% $ 1,190 $ 4,335 $ 1,101 Net Sales 1 • Continued strength from AI applications across the most advanced technologies. Q4 2024 Q4 2025 FY 2024 FY 2025 • Core drivers conti
Slide 6: Semiconductor Technologies
Semiconductor Technologies Net Sales 1 (in $ millions) +8% $ 2,642 +7% $ 2,450 FY 2025 Key Drivers $ 616 $ 661 Net Sales 1 Strong demand and content gains in advanced nodes across semi fab Q4 2024 Q4 2025 FY 2024 FY 2025 consumables combined with increasing customer utilization rates . Adjusted Pro
Slide 7: Interconnect Solutions
Interconnect Solutions Net Sales 1 (in $ millions) +12% $ 2,112 $ 1,885 FY 2025 Key Drivers +9% $ 485 $ 529 Net Sales 1 Continued growth from advanced packaging, advanced interconnects, Q4 2024 Q4 2025 FY 2024 FY 2025 and thermal management. Adjusted Pro Forma Operating EBITDA 2 (in $ millions) Adju
Slide 8: Multi-Year Transformation Plan
Multi- Year Transformation Plan Designed to support long - term strategy and unlock future growth and profitability Expected $100M EBITDA run- rate benefit by the end of 2028* Commercial & Innovation Productivity & Quality Enhance Local - for - Local Excellence Improvements Operating Model • Enhance
Slide 9: Initiating FY 2026 Financial Guidance
Initiating FY 2026 Financial Guidance FY 2026E Drivers Continued momentum and increasing content from leading edge Net Sales $4.970B - $5.170B technology in AI, high - performance computing, and advanced connectivity. Adjusted Operating Increased operating EBITDA driven by volume growth and ongoing
Slide 10: 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 Organic Cash Flow Reinvestment Generation Leverage Management Capital Returns Strong free cash flow supports a discipl
Slide 11: Appendix
Appendix 11
Slide 12: Additional Full Year 2026 Modeling Considerations
Additional Full Year 2026 Modeling Considerations Income Statement Highlights Cash Flow Highlights Capital ~$450 - $470M Depreciation ~$190 - $210M, pre - tax Expenditures (~9% of Net • Organic Growth Investments Sales) • IT Independence: ~$45M Intangible Amortization ~$200 - $205M, pre - tax • Tran
Slide 13: Key compensation metrics
Key compensation metrics Annual Incentive Long - Term Incentive Cash incentive to drive enterprise results Equity compensation designed to drive and accelerate strategic priorities long - term performance Financial Goals (weighted 80%) Performance Share Units (weighted 60%) • Organic Sales 1 • Relat
Slide 14: 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-
Slide 15: 3-Year financial objectives through 2028
3- Year financial objectives through 2028 ~2% Above - ~6 - 7% Market Strong ~7 - 9% Organic Sales 1 Growth Profitability Adj. Operating EBITDA CAGR Growth 2 CAGR Organic Growth Disciplined Investment Opportunistic M&A Capital Solid Free Cash <3.0x Flow Generation 3 Capital Returns Allocation Target
Slide 16: Reconciliations
Reconciliations J as b>
Slide 17: Selected Financial Information and Measures
Selected Financial Information and Non - GAAP Measures . 17
Slide 18: Selected Financial Information and Measures
Selected Financial Information and Non - GAAP Measures 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.
Slide 19: Selected Financial Information and Measures
1. Net income available for Qnity common stockholders. Selected Financial Information and Non - GAAP Measures 2. 3. Earnings per common share - diluted. 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.
Slide 20: Selected Financial Information and Measures
Selected Financial Information and Non - GAAP Measures 20
Slide 21: Selected Financial Information and Measures
Selected Financial Information and Non - GAAP Measures 21
Slide 22: Selected Financial Information and Measures
Selected Financial Information and Non - GAAP Measures 22
Slide 23: Selected Financial Information and Measures
Selected Financial Information and Non - GAAP Measures 23
Slide 24: Selected Financial Information and Measures
Selected Financial Information and Non - GAAP Measures 24
Slide 25: Slide 25