Olin(OLN) - 2024 Q2 - Earnings Call Presentation

2 Results & Outlook • Achieved Adjusted EBITDA of $278 million; + 15% from 1Q24 • Second half demand recovery weaker than expected • Product pricing improving, but slower than planned • Winchester military sales accelerate in 3Q • Reduce FY24 capital spending by $25 million, despite +$10 million related to Hurricane Beryl • Continue to deliver restructuring benefits and cost discipline 6 Sales (in millions) 2Q 2024 2Q 2024 -7% +512% $341.3 $317.7 1Q 2024 $1.7 1Q 2024 $10.4 Sequential: 2Q24 vs 1Q24 – Improve ...