Q3 2022 Financial Results Axalta

10% price-mix growth year-over-year (14% two-year stack); low-single digit quarterly
sequential price-mix growth reflects continued pricing momentum.

Fully offset year-over-year variable cost inflation in Q3 as pricing actions more than covered
elevated, but stabilizing, raws and logistics environment for the quarter.

Momentum anticipated to continue into 2023 through market normalization, pricing
prioritization and favorable raw material conditions.

Enhance
Profitability: Price-Cost recovery