PPG Industries, Inc. (NYSE:PPG) Q4 2020 Earnings Conference Call January 22, 2021 8:00 AM ET Company Participants John Bruno - Director, Investor Relations Michael McGarry - Chairman and Chief Executive Officer Vince Morales - Senior Vice President and Chief Financial Officer Conference Call Participants Michael Sison - Wells Fargo Ghansham Panjabi - Baird Frank Mitsch - Fermium Research Bob Koort - Goldman Sachs P.J. Juvekar - Citi Laurent Favre - Exane BNP Paribas David Begleiter - Deutsche Bank Jeff Zeka ...

Financial Performance - Q4 2020 - Net sales totaled approximately $3.8 billion, a ~2% increase year-over-year[6] - Sales volumes decreased by 1.4% due to lower demand in aerospace and automotive refinish coatings[6] - Acquisition-related sales contributed about $25 million[6] - Selling prices increased by 1.6%[6] - Adjusted earnings per diluted share (EPS) increased by 21% to $1.59[7] Financial Performance - Full Year 2020 - Full year net sales were $13.834 billion[34], a decrease compared to $15.146 billion in 2019[33] - Net sales decreased by nearly 8% in constant currencies, but selling prices increased by 1.5%[37] - Sales volumes decreased by about 10% due to the COVID-19 pandemic[37] - Acquisition-related sales growth was 1%[37] - Adjusted earnings per diluted share were $5.70, down about 8%[37] Cash Flow and Liquidity - Generated a record Q4 operating cash flow of approximately $1 billion, with ~$2.1 billion for the full year[7] - Cash and short-term investments totaled approximately $1.9 billion as of December 31, 2020[7] - Funded the Ennis-Flint acquisition using cash on hand[7, 38] - Repaid an additional $100 million of short-term debt, with $400 million remaining outstanding[7]

Third Quarter 2020 Financial Results Michael H. McGarry, Chairman and Chief Executive Officer Vincent J. Morales, Senior Vice President and Chief Financial Officer John Bruno, Director, Investor Relations We protect and beautify the world" All content within is proprietary to PPG. Information current as of October 19, 2020 This presentation contains forward-looking statements that reflect the Company's current views with respect to future events and financial performance. You can identify forward-looking st ...

PPG Industries, Inc. (NYSE:PPG) Q3 2020 Earnings Conference Call October 20, 2020 8:00 AM ET Company Participants John Bruno - Director, Investor Relations Michael McGarry - Chairman and Chief Executive Officer Vince Morales - Senior Vice President and Chief Financial Officer Conference Call Participants Tom Glinski - Goldman Sachs John McNulty - BMO Ghansham Panjabi - Baird John Roberts - UBS Frank Mitsch - Fermium Research Michael Sison - Wells Fargo Chris Parkinson - Credit Suisse Kevin McCarthy - Vertic ...

PPG Industries, Inc. (NYSE:PPG) Q2 2020 Earnings Conference Call July 17, 2020 8:00 AM ET Company Participants John Bruno - Director of Investor Relations Michael McGarry - Chairman and Chief Executive Officer Vincent Morales - Senior Vice President and Chief Financial Officer Conference Call Participants David Begleiter - Deutsche Bank AG Robert Koort - Goldman Sachs Group Inc. Ghansham Panjabi - Robert W. Baird & Co. Incorporated John Roberts - UBS Investment Bank Michael Sison - Wells Fargo Securities, L ...