Exhibit 99.01 Eastman Announces First-Quarter 2025 Financial Results KINGSPORT, Tenn., April 24, 2025 – Eastman Chemical Company (NYSE:EMN) announced its first- quarter 2025 financial results. | (In | millions, | except | per | share | amounts; unaudited) 1Q2025 1Q2024 | | --- | --- | --- | --- | --- | --- | | Sales | revenue | | | | $2,290 $2,310 | | Earnings | before | | interest | and | taxes ("EBIT") 302 263 | | Adjusted | EBIT* | | | | 311 274 | | Earnings | per | diluted | | share | 1.57 1.39 | | Adju ...

Core Viewpoint - Eastman Chemical Company (EMN) is expected to report first-quarter 2025 results on April 24, with a history of surpassing earnings estimates in the past four quarters, averaging an earnings surprise of approximately 11.7% [1][2] Revenue Estimates - The Zacks Consensus Estimate for EMN's revenues in the upcoming quarter is $2,320.1 million, reflecting a year-over-year increase of 0.4% [4] - Revenue estimates for EMN's divisions include: - Additives and Functional Products: $703.3 million, a decline of 0.1% year-over-year [4] - Advanced Materials: $763.7 million, an increase of 2.1% [4] - Chemical Intermediates: $533.5 million, a rise of 2% [5] - Fiber segment: $325 million, a decrease of 1.8% [5] Factors Influencing Performance - EMN's innovation-focused growth strategy and cost-reduction efforts are expected to support performance despite weak demand in certain markets [2][6] - The company anticipates increased volumes in specialty businesses, driven by innovation, particularly in sectors like consumer durables, building & construction, and transportation [6] - The Kingsport methanolysis facility is projected to contribute an additional $75–$100 million in EBITDA in 2025 compared to the previous year [7] - The Advanced Materials division is expected to add $50–$75 million in incremental EBITDA [9] - Cost management strategies are anticipated to lower operational expenses and improve profitability, contributing $50 million of earnings growth in 2025 [10] Market Challenges - EMN is facing headwinds from subdued demand in specific markets, particularly in the building & construction sector and cautious purchasing in consumer durables and electronics [11] - The automotive sector is also under pressure due to a decline in global vehicle production, impacting revenue performance [12] Earnings Prediction Model - The current model does not predict an earnings beat for EMN, with an Earnings ESP of -1.01% and a Zacks Rank of 4 (Sell) [13][14]

Core Viewpoint - Euro Manganese Inc. is consolidating its common shares at a ratio of five pre-consolidation shares to one post-consolidation share, effective March 31, 2025, with trading on a post-consolidation basis commencing on April 2, 2025, for TSXV and April 3, 2025, for ASX [1] Share Consolidation Details - The consolidation will not result in fractional shares; any fractional shares will be rounded up or down based on specific criteria [2] - Registered shareholders will receive letters of transmittal with instructions for exchanging share certificates [3] - Non-registered shareholders should consult their intermediaries for specific procedures regarding the consolidation [5] Pre- and Post-Consolidation Share Structure - Prior to consolidation, the company had 402,669,227 common shares outstanding, which will reduce to 80,533,845 shares post-consolidation [6] - The number of options will also be adjusted from 21,426,989 to 4,285,398, with exercise prices adjusted accordingly [9][8] Company Overview - Euro Manganese is focused on producing high-purity manganese for the electric vehicle industry, advancing the Chvaletice Manganese Project in the Czech Republic [10] - The Chvaletice Project involves recycling old mine tailings and is the only significant manganese resource in the European Union, positioning the company strategically in the battery supply chain [11]

Financial Performance - Sales for Q2 2023 were $2,324 million, a decrease of 16.5% compared to $2,784 million in Q2 2022[14] - Gross profit for Q2 2023 was $584 million, down 13% from $670 million in Q2 2022[14] - Net earnings attributable to Eastman for Q2 2023 were $272 million, an increase of 6.3% from $256 million in Q2 2022[14] - Basic earnings per share attributable to Eastman for Q2 2023 were $2.28, compared to $2.05 in Q2 2022, reflecting an increase of 11.2%[14] - Net earnings for the first six months of 2023 were $406 million, a decrease of 17.6% compared to $493 million in 2022[17] - Total sales for the first six months of 2023 were $4.736 billion, down from $5.498 billion in the same period of 2022, a decrease of 13.9%[97] - Adjusted net earnings for the first six months of 2023 were $433 million, with an EPS of $3.62, down from $627 million and an EPS of $4.88 in the same period of 2022, reflecting a 30.9% decrease[120] - The company reported a net loss of $34 million attributable to unusual items impacting net earnings in Q2 2023, compared to a gain of $102 million in Q2 2022[112] Assets and Liabilities - Total assets as of June 30, 2023, were $14,771 million, a slight increase from $14,667 million as of December 31, 2022[15] - Total liabilities decreased to $9,419 million as of June 30, 2023, compared to $9,431 million at the end of 2022[15] - Current liabilities decreased to $2,787 million as of June 30, 2023, from $3,251 million at the end of 2022[15] - Retained earnings at the end of Q2 2023 were $9,190 million, up from $8,973 million at the end of 2022[15] Cash Flow - Net cash provided by operating activities increased to $408 million in the first six months of 2023, up from $262 million in 2022[17] - The company reported a net cash used in investing activities of $498 million in the first six months of 2023, a significant decrease from $756 million in 2022[17] - Cash and cash equivalents at the end of Q2 2023 were $410 million, down from $493 million at the end of Q1 2023[17] Segment Performance - The Advanced Materials segment reported sales of $739 million in Q2 2023, down 12.7% from $846 million in Q2 2022[97] - The Fibers segment saw a significant increase in sales, reaching $323 million in Q2 2023, up 33.5% from $242 million in Q2 2022[97] - The Additives & Functional Products segment reported sales of $747 million in Q2 2023, down 19% from $924 million in Q2 2022, driven by lower sales volume and customer destocking[147] Expenses - Research and development expenses for Q2 2023 were $60 million, down from $67 million in Q2 2022[14] - Selling, general and administrative expenses remained stable at $185 million in Q2 2023, with a slight decrease of 1% in the first six months to $376 million compared to $381 million in 2022[125] - Net interest expense for the first six months of 2023 was reported at $106 million[64] Shareholder Returns - The company paid dividends totaling $188 million in the first six months of 2023, slightly down from $196 million in 2022[17] - Cash dividends declared in Q2 2023 were $95 million, with a dividend of $0.79 per share, up from $93 million and $0.76 per share in Q2 2022[81] - The company repurchased shares worth $50 million during Q2 2023, maintaining its strategy of returning capital to shareholders[81] Debt and Financing - Total borrowings as of June 30, 2023, amounted to $5.437 billion, an increase from $5.151 billion as of December 31, 2022[37] - The company has access to a $1.50 billion revolving credit agreement expiring December 2026, with no outstanding borrowings as of June 30, 2023[40] - The company issued $500 million of 5.75% notes due March 2033, with net proceeds allocated to sustainability projects totaling $496 million[38] Environmental and Legal Matters - Environmental contingencies total $290 million as of June 30, 2023, up from $274 million at December 31, 2022, reflecting an increase in long-term liabilities[74] - The company does not anticipate that ongoing legal matters will have a material adverse effect on its financial position or results of operations[79]