October 27, 2023 | --- | --- | --- | --- | |-------|---------------------------------------------------------------------------------|---------|-----------------------------------------------------------------------| | | | | | | 3Q23 | Highlights | | Olin Quarterly Adjusted EBITDA $US Millions | | | | $700 | Last FY Peak | | • | Olin's chlorine price held steady quarter over quarter | $600 | | | • | Freeport VCM plant operating normally after $100 million | $500 | | | | incremental 2Q/3Q EBITDA impact | $40 ...

| --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------|-----------|-------------------------------------------|-----------|-------| | Sequential: 2Q23 vs 1Q23 \n– Lower margins due to lower pricing, partially offset by lower benzene and propylene raw material costs \n– Lower operating costs | Sal ...

Olin Corporation (NYSE:OLN) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants Steve Keenan – Director-Investor Relations Scott Sutton – Chief Executive Officer Todd Slater – Chief Financial Officer Conference Call Participants Hassan Ahmed – Alembic Capital Steve Byrne – Bank of America Mike Sison – Wells Fargo Kevin McCarthy – Vertical Research Partners Michael Leithead – Barclays Jeff Zekauskas – JPMorgan Duffy Fischer – Goldman Sachs Arun Viswanathan – RBC Capital Markets Vin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-1070 Olin Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of inco ...

Olin Corporation (NYSE:OLN) Q1 2023 Results Conference Call April 28, 2023 9:00 AM ET Company Participants Steve Keenan - Director, IR Scott Sutton - CEO Todd Slater - CFO Conference Call Participants Kevin McCarthy - Vertical Research Partners Steve Byrne - Bank of America Hassan Ahmed - Alembic Global Jeff Zekauskas - JPMorgan Mark Sison - Wells Fargo Mike Leithead - Barclays Arun Viswanathan - RBC Capital Markets Josh Spector - UBS Aleksey Yefremov - KeyBanc Capital Markets Matthew Blair - Tudor Pickerin ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-1070 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 Olin Corporation (Exact name of registrant as specified in its charter) Virginia 13-1872319 (State or other ...

```markdown [PART I](index=4&type=section&id=PART%20I) [Item 1. Business](index=4&type=section&id=Item%201.%20BUSINESS) Olin Corporation, founded 1892, operates in Chlor Alkali, Epoxy, and Winchester segments, focusing on maximizing returns, productivity, and global reach - Olin Corporation, incorporated in **1892**, operates in three business segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester[8](index=8&type=chunk) 2022 Sales Contribution by Segment | Segment | 2022 Sales Contribution | | :-------------------------- | :---------------------- | | Chlor Alkali Products and Vinyls | 54% | | Epoxy | 29% | | Winchester | 17% | - Approximately **39% of Olin's 2022 sales** were generated outside the U.S., with Epoxy having the highest international sales percentage at **68%**, followed by Chlor Alkali Products and Vinyls at **33%** and Winchester at **8%**[46](index=46&type=chunk) - Olin prioritizes employee development through 'Lifting Olin People' principles and aims to expand women in leadership positions to approximately **30% by 2025**[56](index=56&type=chunk)[58](index=58&type=chunk) Company-Sponsored Research Expenditures | Year | Expenditures ($M) | | :--- | :---------------- | | **2022** | 18.3 | | **2021** | 20.4 | | **2020** | 16.6 | [General](index=4&type=section&id=GENERAL) [Governance](index=4&type=section&id=GOVERNANCE) [Products, Services and Strategies](index=4&type=section&id=PRODUCTS%2C%20SERVICES%20AND%20STRATEGIES) [Chlor Alkali Products and Vinyls](index=4&type=section&id=Chlor%20Alkali%20Products%20and%20Vinyls) [Epoxy](index=8&type=section&id=Epoxy) [Winchester](index=9&type=section&id=Winchester) [International Operations](index=10&type=section&id=INTERNATIONAL%20OPERATIONS) [Customers and Distribution](index=11&type=section&id=CUSTOMERS%20AND%20DISTRIBUTION) [Backlog](index=11&type=section&id=BACKLOG) [Competition](index=12&type=section&id=COMPETITION) [Human Capital](index=12&type=section&id=HUMAN%20CAPITAL) [Research Activities; Patents](index=13&type=section&id=RESEARCH%20ACTIVITIES%3B%20PATENTS) [Seasonality](index=13&type=section&id=SEASONALITY) [Raw Materials and Energy](index=13&type=section&id=RAW%20MATERIALS%20AND%20ENERGY) [Environmental and Toxic Substances Controls](index=14&type=section&id=ENVIRONMENTAL%20AND%20TOXIC%20SUBSTANCES%20CONTROLS) [Corporate Responsibility](index=14&type=section&id=CORPORATE%20RESPONSIBILITY) [Environment, Health, Safety and Security Stewardship](index=14&type=section&id=Environment%2C%20Health%2C%20Safety%20and%20Security%20Stewardship) [Sustainability and Governance](index=14&type=section&id=Sustainability%20and%20Governance) [Product Responsibility](index=15&type=section&id=Product%20Responsibility) [Item 1A. Risk Factors](index=15&type=section&id=Item%201A.%20RISK%20FACTORS) Olin faces significant risks from economic downturns, pricing pressures, operational hazards, supply chain reliance, regulatory changes, and financial liabilities - Operating results are negatively affected by economic and industry downturns, particularly in Europe, Asia Pacific (China), and Latin America[80](index=80&type=chunk)[81](index=81&type=chunk) - Profitability could be reduced by declines in average selling prices due to fluctuating supply and demand, especially in Chlor Alkali Products and Vinyls (fixed production ratio), Epoxy, and Winchester[83](index=83&type=chunk)[85](index=85&type=chunk)[86](index=86&type=chunk)[87](index=87&type=chunk) - Failure to successfully execute the strategic operating model, which prioritizes ECU margins over sales volume, could negatively impact operating results and cash flows[89](index=89&type=chunk)[91](index=91&type=chunk) - Olin is subject to extensive legislative and regulatory actions, including potential EPA bans on asbestos in chlorine manufacturing and regulations on chlorinated organics and bisphenol (BisA) under TSCA and REACH, which could significantly affect sales, costs, and profitability[122](index=122&type=chunk)[123](index=123&type=chunk)[124](index=124&type=chunk)[126](index=126&type=chunk)[127](index=127&type=chunk) - As of December **31**, **2022**, Olin had **$2,580.7 million** of indebtedness outstanding, representing **50.4%** of total capitalization, which could limit funding, operational flexibility, and increase vulnerability to economic downturns[112](index=112&type=chunk)[113](index=113&type=chunk) [Business, Industry and Operational Risks](index=15&type=section&id=Business%2C%20Industry%20and%20Operational%20Risks) [Legal, Environmental and Regulatory Risks](index=22&type=section&id=Legal%2C%20Environmental%20and%20Regulatory%20Risks) [Item 1B. Unresolved Staff Comments](index=25&type=section&id=Item%201B.%20UNRESOLVED%20STAFF%20COMMENTS) This item is not applicable to Olin Corporation for the reporting period - Not applicable[139](index=139&type=chunk) [Item 2. Properties](index=25&type=section&id=Item%202.%20PROPERTIES) Olin's principal manufacturing, distribution, and marketing facilities are well-maintained and adequate for current operations - Olin's principal manufacturing, distribution, or marketing locations are well maintained, in good operating condition, and suitable and adequate for their use[140](index=140&type=chunk) - Winchester assumed full management and operational control of the Lake City Army Ammunition Plant in Independence, MO, on October **1**, **2020**, under a contract with an initial term of **seven years**, extendable by up to **three additional years**[141](index=141&type=chunk) [Item 3. Legal Proceedings](index=25&type=section&id=Item%203.%20LEGAL%20PROCEEDINGS) Discussion of Olin's legal matters is incorporated by reference from Note 22, 'Commitments and Contingencies' - Discussion of legal matters is incorporated by reference from Part II, Item **8**, under the heading of 'Legal Matters' within Note **22**, 'Commitments and Contingencies'[142](index=142&type=chunk) - A chlorine release and fire occurred at the Plaquemine, LA site on April **18**, **2022**, which may result in monetary fines or penalties[142](index=142&type=chunk) [Item 4. Mine Safety Disclosures](index=25&type=section&id=Item%204.%20MINE%20SAFETY%20DISCLOSURES) This item is not applicable to Olin Corporation for the reporting period - Not applicable[143](index=143&type=chunk) [PART II](index=26&type=section&id=PART%20II) [Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=26&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) As of January 31, 2023, Olin had 3,005 record holders of its common stock, traded on the NYSE under 'OLN', and paid quarterly dividends of $0.20 per common share - As of January **31**, **2023**, Olin had **3,005** record holders of its common stock, which is traded on the NYSE under the 'OLN' ticker symbol[146](index=146&type=chunk)[147](index=147&type=chunk) - A dividend of **$0.20** per common share was paid during each of the four quarters in **2022** and **2021**[148](index=148&type=chunk) Issuer Purchases of Equity Securities (Q4 2022) | Period | Total Number of Shares Purchased | Average Price Paid per Share | | :------------------ | :------------------------------- | :--------------------------- | | October 1-31, **2022** | **2,146,933** | **$46.60** | | November 1-30, **2022** | **1,206,561** | **$56.99** | | December 1-31, **2022** | **1,513,053** | **$53.73** | - As of December **31**, **2022**, **$1,701.5 million** of common stock remained available for purchase under the **$2.0 billion** **2022** Repurchase Authorization[150](index=150&type=chunk) Comparison of Five Year Cumulative Total Return (Dec 31, 2017 - Dec 31, 2022) | Index | 12/17 | 12/18 | 12/19 | 12/20 | 12/21 | 12/22 | | :------------------------------ | :---- | :---- | :---- | :---- | :---- | :---- | | Olin Corporation | 100 | 58 | 52 | 78 | 186 | 174 | | S&P 500 Index | 100 | 96 | 126 | 149 | 192 | 157 | | S&P 500 Chemicals Index | 100 | 88 | 108 | 127 | 160 | 142 | | S&P 1500 Commodity Chemicals Index | 100 | 74 | 84 | 90 | 105 | 99 | [Issuer Purchases of Equity Securities](index=26&type=section&id=Issuer%20Purchases%20of%20Equity%20Securities) [Performance Graph](index=27&type=section&id=Performance%20Graph) [Item 6. [RESERVED]](index=27&type=section&id=Item%206.%20%5BRESERVED%5D) This item is reserved and contains no content - [RESERVED][157](index=157&type=chunk) [Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=28&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Olin's **2022** net income and sales grew, but gross margin declined; the company refinanced debt, authorized share repurchases, anticipates **2023** declines, and manages risks with derivatives Consolidated Financial Performance Highlights | Metric | 2022 ($M) | 2021 ($M) | 2020 ($M) | YoY Change (2022 vs 2021) | | :-------------------------- | :-------- | :-------- | :-------- | :-------------------------- | | Sales | **9,376.2** | **8,910.6** | **5,758.0** | **+5%** | | Gross margin | **2,181.9** | **2,294.2** | **383.4** | **-4.9%** | | Gross margin % of sales | **23%** | **26%** | **7%** | **-3** percentage points | | Operating income (loss) | **1,779.0** | **1,850.8** | (**746.7**) | **-3.9%** | | Net income (loss) | **1,326.9** | **1,296.7** | (**969.9**) | **+2.3%** | | Diluted EPS | **$8.94** | **$7.96** | **$(6.14)** | **+12.3%** | Segment Sales and Income (2022 vs 2021) | Segment | 2022 Sales ($M) | 2021 Sales ($M) | Sales Change (%) | 2022 Income ($M) | 2021 Income ($M) | Income Change (%) | | :-------------------------- | :-------------- | :-------------- | :--------------- | :--------------- | :--------------- | :---------------- | | Chlor Alkali Products & Vinyls | **5,085.0** | **4,140.8** | **+23%** | **1,181.3** | **997.8** | **+18.4%** | | Epoxy | **2,690.5** | **3,186.0** | **-16%** | **388.5** | **616.5** | **-37.0%** | | Winchester | **1,600.7** | **1,583.8** | **+1%** | **372.9** | **412.1** | **-9.5%** | - Olin expects operating results to decline across all business segments in **2023** compared to **2022**, primarily due to weak European and North American epoxy demand and vinyls intermediates demand[216](index=216&type=chunk) Key Financial Projections for 2023 | Metric | 2023 Outlook | 2022 Actual | | :-------------------------- | :-------------------- | :---------- | | Capital spending | **$200M** - **$250M** | **$237M** | | Environmental expenses | **$25M** - **$30M** | **$23.2M** | | Non-operating pension income | **$25M** - **$30M** | **$38.7M** | | Depreciation and amortization | **$550M** - **$575M** | **$599M** | | Effective tax rate | **25%** - **30%** | **20.8%** | - Net cash provided by operating activities increased by **$180.9 million** to **$1,921.9 million** in **2022**, primarily due to a decrease in working capital[238](index=238&type=chunk) - Total debt to total capitalization decreased to **50.4%** at December **31**, **2022**, from **51.2%** at December **31**, **2021**[245](index=245&type=chunk) [Business Background](index=28&type=section&id=Business%20Background) [Recent Developments and Highlights](index=28&type=section&id=Recent%20Developments%20and%20Highlights) [Consolidated Results of Operations](index=31&type=section&id=Consolidated%20Results%20of%20Operations) [Segment Results](index=34&type=section&id=Segment%20Results) [Chlor Alkali Products and Vinyls](index=35&type=section&id=Chlor%20Alkali%20Products%20and%20Vinyls_segment) [Epoxy](index=35&type=section&id=Epoxy_segment) [Winchester](index=36&type=section&id=Winchester_segment) [Corporate/Other](index=36&type=section&id=Corporate%2FOther) [Restructurings](index=37&type=section&id=Restructurings) [2023 Outlook](index=38&type=section&id=2023%20Outlook) [Pension and Postretirement Benefits](index=38&type=section&id=Pension%20and%20Postretirement%20Benefits) [Environmental Matters](index=39&type=section&id=Environmental%20Matters) [Legal Matters and Contingencies](index=40&type=section&id=Legal%20Matters%20and%20Contingencies) [Liquidity and Capital Resources](index=41&type=section&id=Liquidity%20and%20Capital%20Resources) [Critical Accounting Estimates](index=47&type=section&id=Critical%20Accounting%20Estimates) [New Accounting Pronouncements](index=48&type=section&id=New%20Accounting%20Pronouncements) [Derivative Financial Instruments](index=48&type=section&id=Derivative%20Financial%20Instruments) [Item 7A. Quantitative and Qualitative Disclosures About Market Risk](index=51&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Olin manages market risks from commodity prices, foreign currency, and interest rates using non-speculative financial instruments, with hypothetical scenarios illustrating potential impacts - Olin uses financial instruments (futures, forwards, commodity swaps, put/call options) to manage market risks from commodity price volatility (electricity, natural gas, copper, zinc, lead, ethane) and foreign currency exposures, and interest rate fluctuations, not for speculative purposes[285](index=285&type=chunk)[286](index=286&type=chunk)[287](index=287&type=chunk)[288](index=288&type=chunk)[291](index=291&type=chunk) - A hypothetical **10%** increase in hedged commodity prices (notional value **$261.2 million** at Dec **31**, **2022**) would increase inventory costs by **$26.1 million**, substantially offset by hedging instruments[286](index=286&type=chunk) - A **10%** unfavorable shift in exchange rates would negatively affect the fair values of currency derivatives by **$38.6 million**, generally offset by favorable changes in underlying exposures[287](index=287&type=chunk) - A hypothetical **100-basis point** change in SOFR would impact annual interest expense by **$8.1 million**, based on **$805.9 million** of variable-rate debt at December **31**, **2022**[289](index=289&type=chunk) [Cautionary Statement About Forward-Looking Statements](index=51&type=section&id=Cautionary%20Statement%20About%20Forward-Looking%20Statements) [Item 8. Consolidated Financial Statements and Supplementary Data](index=53&type=section&id=Item%208.%20Consolidated%20Financial%20Statements%20and%20Supplementary%20Data) This section presents Olin's audited consolidated financial statements for **2020**-**2022**, including balance sheets, income, equity, and cash flows, with management affirming effective internal controls and detailed notes - Management concluded that Olin's internal control over financial reporting was effective as of December **31**, **2022**, a conclusion audited and affirmed by KPMG LLP[299](index=299&type=chunk)[303](index=303&type=chunk) - KPMG LLP identified the evaluation of environmental obligations as a critical audit matter due to the challenging nature of estimates and assumptions[310](index=310&type=chunk)[311](index=311&type=chunk) Consolidated Balance Sheet Highlights (Dec 31) | Metric | 2022 ($M) | 2021 ($M) | Change ($M) | Change (%) | | :-------------------------- | :-------- | :-------- | :---------- | :--------- | | Total assets | **8,044.2** | **8,517.7** | (**473.5**) | **-5.6%** | | Cash and cash equivalents | **194.0** | **180.5** | **13.5** | **+7.5%** | | Total liabilities | **5,500.6** | **5,865.5** | (**364.9**) | **-6.2%** | | Total shareholders' equity | **2,543.6** | **2,652.2** | (**108.6**) | **-4.1%** | Consolidated Statements of Operations Highlights (Years ended Dec 31) | Metric | 2022 ($M) | 2021 ($M) | 2020 ($M) | | :-------------------------- | :-------- | :-------- | :-------- | | Sales | **9,376.2** | **8,910.6** | **5,758.0** | | Operating income (loss) | **1,779.0** | **1,850.8** | (**746.7**) | | Net income (loss) | **1,326.9** | **1,296.7** | (**969.9**) | | Diluted EPS | **$8.94** | **$7.96** | **$(6.14)** | Consolidated Statements of Cash Flows Highlights (Years ended Dec 31) | Metric | 2022 ($M) | 2021 ($M) | 2020 ($M) | | :------------------------------------------ | :-------- | :-------- | :-------- | | Net operating activities | **1,921.9** | **1,741.0** | **433.0** | | Net investing activities | (**259.7**) | (**197.4**) | (**835.7**) | | Net financing activities | (**1,646.7**) | (**1,552.0**) | **371.0** | | Cash and cash equivalents, end of year | **194.0** | **180.5** | **189.7** | [Management Report on Internal Control Over Financial Reporting](index=53&type=section&id=Management%20Report%20on%20Internal%20Control%20Over%20Financial%20Reporting) [Report of Independent Registered Public Accounting Firm](index=54&type=section&id=Report%20of%20Independent%20Registered%20Public%20Accounting%20Firm) [Consolidated Balance Sheets](index=56&type=section&id=Consolidated%20Balance%20Sheets) [Consolidated Statements of Operations](index=57&type=section&id=Consolidated%20Statements%20of%20Operations) [Consolidated Statements of Comprehensive Income (Loss)](index=58&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income%20%28Loss%29) [Consolidated Statements of Shareholders' Equity](index=59&type=section&id=Consolidated%20Statements%20of%20Shareholders%27%20Equity) [Consolidated Statements of Cash Flows](index=60&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) [Notes to Consolidated Financial Statements](index=61&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) [NOTE 1. Description of Business](index=61&type=section&id=NOTE%201.%20DESCRIPTION%20OF%20BUSINESS) [NOTE 2. Accounting Policies](index=61&type=section&id=NOTE%202.%20ACCOUNTING%20POLICIES) [NOTE 3. Recent Accounting Pronouncements](index=62&type=section&id=NOTE%203.%20RECENT%20ACCOUNTING%20PRONOUNCEMENTS) [NOTE 4. Restructuring Charges](index=64&type=section&id=NOTE%204.%20RESTRUCTURING%20CHARGES) [NOTE 5. Earnings Per Share](index=66&type=section&id=NOTE%205.%20EARNINGS%20PER%20SHARE) [NOTE 6. Accounts Receivables](index=66&type=section&id=NOTE%206.%20ACCOUNTS%20RECEIVABLES) [NOTE 7. Inventories](index=67&type=section&id=NOTE%207.%20INVENTORIES) [NOTE 8. Property, Plant and Equipment](index=67&type=section&id=NOTE%208.%20PROPERTY%2C%20PLANT%20AND%20EQUIPMENT) [NOTE 9. Other Assets](index=67&type=section&id=NOTE%209.%20OTHER%20ASSETS) [NOTE 10. Goodwill and Intangible Assets](index=68&type=section&id=NOTE%2010.%20GOODWILL%20AND%20INTANGIBLE%20ASSETS) [NOTE 11. Debt](index=70&type=section&id=NOTE%2011.%20DEBT) [NOTE 12. Pension Plans](index=72&type=section&id=NOTE%2012.%20PENSION%20PLANS) [NOTE 13. Postretirement Benefits](index=78&type=section&id=NOTE%2013.%20POSTRETIREMENT%20BENEFITS) [NOTE 14. Income Taxes](index=80&type=section&id=NOTE%2014.%20INCOME%20TAXES) [NOTE 15. Accrued Liabilities](index=84&type=section&id=NOTE%2015.%20ACCRUED%20LIABILITIES) [NOTE 16. Contributing Employee Ownership Plan](index=84&type=section&id=NOTE%2016.%20CONTRIBUTING%20EMPLOYEE%20OWNERSHIP%20PLAN) [NOTE 17. Stock-Based Compensation](index=85&type=section&id=NOTE%2017.%20STOCK-BASED%20COMPENSATION) [NOTE 18. Shareholders' Equity](index=87&type=section&id=NOTE%2018.%20SHAREHOLDERS%27%20EQUITY) [NOTE 19. Segment Information](index=90&type=section&id=NOTE%2019.%20SEGMENT%20INFORMATION) [NOTE 20. Environmental](index=92&type=section&id=NOTE%2020.%20ENVIRONMENTAL) [NOTE 21. Leases](index=93&type=section&id=NOTE%2021.%20LEASES) [NOTE 22. Commitments and Contingencies](index=96&type=section&id=NOTE%2022.%20COMMITMENTS%20AND%20CONTINGENCIES) [NOTE 23. Derivative Financial Instruments](index=97&type=section&id=NOTE%2023.%20DERIVATIVE%20FINANCIAL%20INSTRUMENTS) [NOTE 24. Fair Value Measurements](index=101&type=section&id=NOTE%2024.%20FAIR%20VALUE%20MEASUREMENTS) [Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=102&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) This item is not applicable to Olin Corporation for the reporting period - Not applicable[544](index=544&type=chunk) [Item 9A. Controls and Procedures](index=102&type=section&id=Item%209A.%20Controls%20and%20Procedures) Olin's chief executive officer and chief financial officer concluded that the company's disclosure controls and procedures were effective as of December 31, 2022 - Olin's CEO and CFO concluded that disclosure controls and procedures were effective as of December **31**, **2022**[545](index=545&type=chunk) - No material changes in internal control over financial reporting occurred during the quarter ended December **31**, **2022**[546](index=546&type=chunk) [Item 9B. Other Information](index=102&type=section&id=Item%209B.%20Other%20Information) Olin's Board of Directors approved amendments to the company's Bylaws on February 22, 2023 - Olin's Board of Directors approved amendments to the company's Bylaws, effective February **22**, **2023**[547](index=547&type=chunk) - Amendments expand disclosure requirements for shareholders proposing director nominations or other business, change notice deadlines, and clarify compliance with Rule **14a-19** under the Exchange Act for proxy solicitations[547](index=547&type=chunk)[550](index=550&type=chunk) [Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections](index=103&type=section&id=Item%209C.%20Disclosure%20Regarding%20Foreign%20Jurisdictions%20that%20Prevent%20Inspections) This item is not applicable to Olin Corporation for the reporting period - Not applicable[550](index=550&type=chunk) [PART III](index=103&type=section&id=PART%20III) [Item 10. Directors, Executive Officers and Corporate Governance](index=104&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) This item incorporates by reference biographical information for Olin's directors and executive officers, as well as details on the audit committee and director nomination procedures, from the company's **2023** Proxy Statement - Biographical information for Directors and Executive Officers, audit committee details, and director nomination procedures are incorporated by reference from the **2023** Proxy Statement[552](index=552&type=chunk)[553](index=553&type=chunk) - Olin has adopted a Code of Conduct for directors, officers, and employees, available on its website[554](index=554&type=chunk) [Item 11. Executive Compensation](index=104&type=section&id=Item%2011.%20Executive%20Compensation) This item incorporates by reference information regarding executive compensation, including Compensation Committee Interlocks and Insider Participation and the Compensation Discussion and Analysis, from Olin's Proxy Statement - Information on executive compensation, Compensation Committee Interlocks and Insider Participation, and Compensation Discussion and Analysis is incorporated by reference from the Proxy Statement[555](index=555&type=chunk) [Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=104&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) This item incorporates by reference information on common stock holdings by beneficial owners, directors, and officers from Olin's Proxy Statement - Information concerning holdings of common stock by certain beneficial owners and by directors and officers is incorporated by reference from the Proxy Statement[556](index=556&type=chunk) Equity Compensation Plan Information (as of Dec 31, 2022) | Metric | Amount | | :-------------------------------------------------------------------------------- | :------- | | Number of securities to be issued upon exercise of outstanding options, warrants and rights | **6,869,535** | | Weighted-average exercise price of outstanding options, warrants and rights | **$28.06** | | Number of securities remaining available for future issuance under equity compensation plans | **7,108,955** | [Item 13. Certain Relationships and Related Transactions and Director Independence](index=105&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%20and%20Director%20Independence) This item incorporates by reference information regarding certain relationships, related transactions, and director independence from Olin's Proxy Statement - Information under the headings 'CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS' and 'CORPORATE GOVERNANCE MATTERS—Which Board Members Are Independent?' in the Proxy Statement is incorporated by reference[559](index=559&type=chunk) [Item 14. Principal Accounting Fees and Services](index=105&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) Olin's independent registered public accounting firm is KPMG LLP, St. Louis, MO - Olin's independent registered public accounting firm is KPMG LLP, St. Louis, MO[560](index=560&type=chunk) - Information concerning the accounting fees and services of KPMG LLP is incorporated by reference from the Proxy Statement[560](index=560&type=chunk) [PART IV](index=106&type=section&id=PART%20IV) [Item 15. Exhibits and Consolidated Financial Statement Schedules](index=106&type=section&id=Item%2015.%20Exhibits%20and%20Consolidated%20Financial%20Statement%20Schedules) This item confirms the inclusion of consolidated financial statements in Item **8** and notes that financial statement schedules are omitted if inapplicable or redundant with notes - Consolidated financial statements of the registrant are included in Item **8**[563](index=563&type=chunk) - Financial statement schedules are omitted if inapplicable or not required, or if the information is provided in the consolidated financial statements and notes[564](index=564&type=chunk) - A comprehensive list of exhibits is filed with this Annual Report on Form **10-K**, including underwriting agreements, merger agreements, bylaws, debt instruments, credit facilities, and compensation plans[565](index=565&type=chunk)[566](index=566&type=chunk)[567](index=567&type=chunk)[568](index=568&type=chunk)[570](index=570&type=chunk)[571](index=571&type=chunk) [Item 16. Form 10-K Summary](index=110&type=section&id=Item%2016.%20Form%2010-K%20Summary) This item indicates that there is no Form **10-K** Summary provided in this report - No Form **10-K** Summary is provided[574](index=574&type=chunk) [SIGNATURES](index=111&type=section&id=SIGNATURES) [Signatures](index=111&type=section&id=SIGNATURES_details) The report is duly signed by Olin Corporation's Chairman, President, CEO, CFO, Controller, and other directors, dated February **23**, **2023** - The report is signed by Scott Sutton (Chairman, President and Chief Executive Officer), Todd A. Slater (Senior Vice President and Chief Financial Officer), Randee N. Sumner (Vice President and Controller), and other directors[578](index=578&type=chunk)[579](index=579&type=chunk) - The signing date for the report is February **23**, **2023**[578](index=578&type=chunk) ```

Olin Corporation (NYSE:OLN) Q4 2022 Results Conference Call January 27, 2023 9:00 AM ET Company Participants Steve Keenan - Director, IR Brett Flaugher - President, Winchester Damian Gumpel - President, Epoxy Patrick Schumacher - President, Chlor Alkali Scott Sutton - CEO Todd Slater - CFO Conference Call Participants Angel Castillo - Morgan Stanley Arun Viswanathan - RBC Eric Petrie - Citi Frank Mitsch - Fermium Research Hassan Ahmed - Alembic Global Jeffrey Zekauskas - JPMorgan Josh Spector - UBS Kevin Mc ...

Olin Corp (NYSE:OLN) Q3 2022 Earnings Conference Call October 27, 2022 9:00 AM ET Company Participants Steve Keenan - Director, IR Scott Sutton - President, CEO & Chairman Todd Slater - SVP & CFO Conference Call Participants Kevin McCarthy - Vertical Research Partners Hassan Ahmed - Alembic Global Advisors Aleksey Yefremov - KeyBanc Capital Markets Michael Sison - Wells Fargo Securities Frank Mitsch - Fermium Research Arun Viswanathan - RBC Capital Markets Matthew Blair - Tudor, Pickering, Holt Alyssa Stein ...

Olin Corporation (NYSE:OLN) Q2 2022 Earnings Conference Call July 29, 2022 9:00 AM ET Company Participants Steve Keenan - Director-Investor Relations Scott Sutton - Chief Executive Officer Todd Slater - Chief Financial Officer Conference Call Participants Hassan Ahmed - Alembic Global Jeff Zekauskas - JPMorgan Aleksey Yefremov - KeyBanc Capital Markets Arun Viswanathan - RBC Mike Sison - Wells Fargo Frank Mitsch - Fermium Research Kevin McCarthy - Vertical Research Steve Byrne - Bank of America James Camero ...