Slide 1: Q2 2025 Earnings
Q2 2025 Earnings August 2025 1
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. S
Slide 3: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures The information presented in this presentation includes financial measures that are not calculated or presented in accordance with Generally Accepted Accounting Principles in the United States (GAAP). These non-GAAP financial measures comprise adjusted EBITDA, inco
Slide 4: Earnings Conference Call Agenda
Earnings Conference Call Agenda Introduction 1 David Jones - VP, General Counsel Business Commentary 2 Patrick S. Williams - President & CEO Financial Performance 3 Ian Cleminson - Executive Vice President & CFO Questions & Answers 4 Patrick S. Williams and Ian Cleminson ©2025 Innospec Inc. 4
Slide 5: Summary of 2nd Quarter Performance
Summary of 2nd Quarter Performance Q2 GAAP EPS of 94 cents Overall good results Balance sheet has $266.6 million in net cash Adjusted non-GAAP Strong growth in Fuels EPS of $1.26 Specialties offsetting $20.8 million semi-annual lower results in dividend paid in the quarter Performance Chemicals and
Slide 6: Financial Performance
Financial Performance innospec>
Slide 7: Q2 2025 Consolidated Results ($ MM)
Q2 2025 Consolidated Results ($ MM) • Revenue up 1 percent • Gross margin down 1.2 percentage points • Operating income down 16 percent • Adjusted EBITDA down 9 percent • Adjusted EPS of $1.26 Q2 2024 Q2 2025 ©2025 Innospec Inc. 7
Slide 8: Q2 2025 Performance Chemicals ($ MM)
Q2 2025 Performance Chemicals ($ MM) • Revenue up 9 percent • Volumes up 4 percent • Price/mix up 2 percent • Gross margin down 5.1 percentage points • Operating income down 33 percent • Focus on margin improvement Q2 2024 Q2 2025 ©2025 Innospec Inc. 8
Slide 9: Q2 2025 Fuel Specialties ($ MM)
Q2 2025 Fuel Specialties ($ MM) • Revenue down 1 percent • Volumes down 7 percent • Price/mix up 4 percent • Gross margin up 3.5 percentage points • Operating income up 16 percent Q2 2024 Q2 2025 ©2025 Innospec Inc. 9
Slide 10: Q2 2025 Oilfield Services ($ MM)
Q2 2025 Oilfield Services ($ MM) • Revenue down 7 percent • Gross margin down 1.0 percentage point • Operating income down 15 percent • Focus on margin improvement Q2 2024 Q2 2025 ©2025 Innospec Inc. 10
Slide 11: Q2 2025 Corporate Items ($ MM)
Q2 2025 Corporate Items ($ MM) • Corporate costs up versus prior year on a $2.3 million legacy environmental provision • Effective tax rate of 26.3 percent Q2 2024 Q2 2025 ©2025 Innospec Inc. 11
Slide 12: Q2 2025 Balance Sheet ($ MM)
Q2 2025 Balance Sheet ($ MM) • Operating cash inflow of $9.3 million • Capital expenditures of $16.2 million • Net cash balance $266.6 million • $20.8 million semi-annual dividend paid in the quarter • $8.2 million in share buybacks Q4 2024 Q2 2025 ©2025 Innospec Inc. 12
Slide 13: Concluding Comments
Concluding Comments innospec>
Slide 14: Summary of 2nd Quarter Performance
Summary of Good overall results; Benefiting from balanced business portfolio Strong growth in Fuels Specialties offsetting lower results in 2 Quarter nd Performance Chemicals and Oilfield Services Priority focus on margin improvement and operating income growth Performance in Performance Chemicals a
Slide 15: Q&A
Q&A 8/5/2025 ©2025 Innospec Inc.
Slide 16: Final Comments
Final Comments November 2025 Sun Mon Tue Wed Thu Fri Sat 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Thank You for Your 16 23 17 24 18 25 19 26 20 27 21 28 22 29 Continued Support Q3 2025 Results Schedule • November 4th – Results Release After Close • November 5th – Conference Call ©2025 Innospec Inc. 16