Axalta Coating Systems Ltd.

Filing receipts

“Net sales Three Months Ended March 31, 2026 vs 2025 2026 2025 $ Change % Change Net sales $ 1,254 $ 1,262 $ (8) (0.6) % Volume effect (6.2) % Price/Mix effect (1.1) % Exchange rate effect 5.7 % Impact of the Recent Acquisitions 1.0 % Three months ended March 31, 2026 compared to the three months ended March 31, 2025 Net sales decreased primarily due to the following: n Lower sales volumes driven primarily by North America Performance Coatings n Lower average selling prices and unfavorable product mix primarily in Performance Coatings Partially offset by: n Favorable impacts of currency translation driven by fluctuations of the Euro, Mexican Peso, Chinese Yuan and Brazilian Real, in each cas...”

“Dollar n Contributions from the Recent Acquisitions Adjusted EBITDA and Adjusted EBITDA margin decreased primarily due to the following: n Lower sales volumes across both end-markets due primarily to unfavorable macro trends in North America n Lower average selling prices and product mix in the refinish end-market Partially offset by: n Favorable impacts of currency translation due primarily to fluctuations of the Euro, Mexican Peso and Swiss Franc, in each case, compared with the U.S.”

“Dollar n Contributions from the Recent Acquisitions Cost of sales Three Months Ended March 31, 2026 vs 2025 2026 2025 $ Change % Change Cost of sales $ 838 $ 829 $ 9 1.1 % % of net sales 66.8 % 65.7 % Three months ended March 31, 2026 compared to the three months ended March 31, 2025 Cost of sales increased primarily due to the following: n Unfavorable impacts of currency translation of 5.3% driven by fluctuations of the Euro, Mexican Peso, Chinese Yuan and Brazilian Real, in each case compared to the U.S.”