2Q 2025 Financial Results August 5, 2025 Overview On January 15, 2025, DuPont de Nemours, Inc. ("DuPont", or after the completion of the Intended Electronics Separation, "New DuPont") announced it is targeting November 1, 2025 to complete the intended separation of its Electronics business (the "Intended Electronics Separation") by way of a spin-off transaction, thereby creating a new independent, publicly traded electronics company ("Qnity Electronics, Inc."). The Intended Electronics Separation will not r ...

Electronics Separation - DuPont is targeting November 1, 2025, to complete the separation of its Electronics business via a spin-off transaction, creating a new independent company named "ElectronicsCo" (later named Qnity)[3, 12, 17] - The separation does not require a shareholder vote but is subject to customary conditions [4] - Effective Q1 2025, DuPont realigned its management and reporting structure in light of the intended separation, reporting the Electronics business separately [5] Financial Performance - 1Q 2025 - Net sales reached $3.1 billion, with 6% organic growth year-over-year[12, 19] - Operating EBITDA increased by 16% year-over-year to $788 million, with a margin expansion of 240 basis points to 25.7%[12, 19] - Adjusted EPS increased by 30% year-over-year to $1.03 per share[12, 20] - Transaction-adjusted free cash flow was $212 million, with a conversion rate of 49%[20] Segment Performance - 1Q 2025 - ElectronicsCo's net sales were $1.118 billion, with organic growth of 14% driven by a 16% increase in volume[24] - ElectronicsCo's Operating EBITDA was $373 million, with a margin of 33.4%, up 340 basis points year-over-year[26, 30] - IndustrialsCo's net sales were $1.948 billion, with organic growth of 2%[32] - IndustrialsCo's Operating EBITDA was $464 million, with a margin of 23.8%, up 130 basis points year-over-year[34, 37] Outlook - The company maintains its FY25 guidance with net sales of $12.8 - $12.9 billion and Adjusted EPS of $4.30 - $4.40[12, 38] - The company estimates a net cost impact of approximately $60 million (approximately $0.10 per share) from tariffs, mainly impacting the second half of 2025[38]

Core Insights - DuPont will showcase its Tedlar® film solutions at the ISA Expo in Las Vegas, highlighting its commitment to durable and sustainable solutions for the graphics and signage industry [1][3] - Tedlar® films offer extended lifespans of 12 to over 20 years in demanding outdoor environments, making them suitable for various applications [2][4] - The collaboration with General Formulations will feature innovative anti-graffiti products and interactive experiences at the expo [2][3] Company Overview - DuPont™ Tedlar® has decades of experience in the graphics industry, providing clear film solutions compatible with various adhesives and inks [2][4] - Tedlar® films are designed for superior surface protection, offering resistance to solvents, corrosive chemicals, and UV light [4][7] - DuPont is a global innovation leader, transforming industries with technology-based materials and solutions across multiple sectors [5] Product Features - Tedlar® films are stain-resistant, easy to clean, and maintain a fresh look without effort, making them ideal for branding [7] - The films are non-PFAS materials, safe for use with a wide range of substrates and adhesive systems [7] - Applications for Tedlar® films include windows, walls, floors, outdoor signage, and vehicle wraps [8]