Axalta Coating Systems — Oct 30, 2024 release

As One Axalta, we are successfully executing on our 2026 A Plan and outperforming against key industry benchmarks as we remain dedicated to unlocking our full earnings potential.” Full Year 2024 Outlook (in millions, except %’s and per share data) Full Year 2024 Item Net Sales ~$5,275 Adjusted EBITDA ~$1,115 Adjusted Diluted EPS $2.15 Free Cash Flow ~$500 D&A (step-up D&A) ~$280 ($50) Tax Rate, As Adjusted ~25% Diluted Shares Outstanding ~220 Interest Expense ~$210 Capex ~$140 Axalta does not provide a reconciliation for non-GAAP estimates for Adjusted EBITDA, Adjusted Diluted EPS, Free Cash Flow or tax rate, as adjusted, on a forward-looking basis because the information necessary to calculate a meaningful or accurate estimation of reconciling items is not available without unreasonable effort. See “Non-GAAP Financial Measures” for more information. Conference Call Information Axalta will hold a conference call to discuss its third quarter 2024 financial results on Wednesday, October 30, 2024, at 8:00 a.m. ET. A live webcast of the conference call will be available online at www.axalta.com/investorcall . A replay of the webcast will be posted shortly after the call and will remain accessible through October 30, 2025. The dial-in phone number for the conference call is 1-800-267-6316 and the conference ID is AXALTA. For those unable to participate, a replay will be available through November 6, 2024. The replay dial-in number is +1-844-512-2921. The replay passcode is 11157263. 2 Cautionary Statement Concerning Forward-Looking Statements This release may contain certain forward-looking statements within the meaning of the U.S. Private Securi