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Materials. Powering Ideas.

We are a global materials company at the intersection of people, technology, and customers.

™ Trademark of S.A. or its affiliates. Form Number: 845-00201 March 28, 2017 We Are Trinseo • Trinseo is a global chemical materials solutions provider and a manufacturer of , latex binders, and .

• Trinseo focuses on delivering innovative and sustainable solutions to help our customers create products that are intrinsic to how we live – products that touch lives every day across a wide range of end-markets.

A Strong Track Record, A Bold Direction

2 Fast Facts • Trinseo was founded on a unique combination of strong capabilities – strong market positions, production assets, and leading technology • More than 2,200 employees • 59 plants at 15 manufacturing sites around the world • Part of Dow Chemical until 2010 • Leader in our key products: plastics, latex binders, and synthetic rubber

3 Trinseo Portfolio Overview Basic Plastics and Performance Materials Division Feedstocks Division

Latex Binders Styrene (SB) Latex General Purpose Polystyrene (GPPS) Styrene Acrylate (SA) Latex High Impact Polystyrene (HIPS) Synthetic Rubber Emulsion-Styrene Butadiene Rubber (E-SBR) ABS/SAN Lithium-Butadiene Rubber (Li-BR) Butadiene Styrene (ABS) Resins Nickel-Butadiene Rubber (Ni-BR) Styrene Acrylonitrile (SAN) Resins

Products Solution-Styrene Butadiene Rubber (S-SBR) Polycarbonate Performance Plastics Polycarbonate Resins (PC)

Key Acrylonitrile Butadiene Styrene (ABS) PC/ABS Businesses and and Businesses Long-Glass-filled Polypropylene PC/PET Polypropylene compounds Glass-filled Alloys Polycarbonate (PC) blends

Latex Binders Synthetic Rubber Performance Plastics Polystyrene ABS/SAN Polycarbonate ENVERSA™ LOMAX™ BUNA™ CALIBRE™ MAGNUM™ STYRON™ MAGNUM™ CALIBRE™ EVEREST™ MaxForte™ SPRINTAN™ CELEX™ PULSE™ STYRON A-TECH™ TYRIL™ CALIBRE™ MEGARAD™ FOUNDATIONS™ MaxCoat™ EMERGE™ VELVEX™ STYRON™ C-TECH HPL™ ENLITE™ STYRON X-TECH™

Brands Modifier A™ / NA INSPIRE™ CALIBRE™ MEGARAD™ Uses End

4 Revenue

2016 Sales Trinseo (all businesses) Approximately $3.7 billion Basic Plastics and Feedstocks Approximately $1.6 billion Performance Materials Approximately $2.1 billion

Revenue by Geography Other

North America

Asia Pacific Europe/MEA

5 Major Office Locations • Trinseo’s global operating center is located in Berwyn, PA, U.S.A. (Philadelphia area). • Regional operating centers: – North America: Midland, Michigan, U.S.A. – Europe: Horgen, Switzerland – Asia Pacific: Hong Kong, China

6 Global Manufacturing Locations

Trinseo delivers an unmatched combination of global reach, operational excellence, expertise, leading intellectual property, world-scale assets, and global R&D presence.

Norrkoeping, Sweden Hamina, Finland

Terneuzen, The Netherlands Stade, Germany Tessenderlo, Belgium , Germany Boehlen, Germany Midland, MI Rheinmuenster, Germany Ulsan, South Korea Dalton, GA Tsing Yi, Hong Kong Zhangjiagang, China Hsinchu, Taiwan

Merak, Indonesia

Plastics

Latex

Rubber Integration Creates Cost Competitiveness

Customers Cracker

Construction

Ethylene Styrene Polystyrene Packaging

Propylene ABS / SAN Appliances

Crude C4 Butadiene Synthetic Rubber

Paper / Carpet Pygas Benzene Latex Compounds & Blends Automotive

Polycarbonate Electrical / Electronic

Cumene Bisphenol A

Polypropylene

Legend

Trinseo Raw Materials

8 A Robust Pipeline

Our track record is built on a history of successful . Foam latex: ENVERSA® technology customer-driven , and we continue to fuel . High performance styrene acrylates our strong future pipeline with new opportunities. . Starch emulsion technology . Performance latex applications: adhesives, construction, consumer products . Functionalized solution-styrene . S-SBR microstructure optimization. Next Latex . First industrial production butadiene rubber (S-SBR) for generation functionalized SSBR for “green tires” of synthetic rubber high performance tires with lower rolling resistance Binders and . . Dow develops styrene . Multi-layer curtain coating Functionalized Nd-BR synthetic rubber for high Synthetic butadiene latex (MLCC) for paper and board performance tires Rubber (styraloy) coating applications . Synthetic rubber- masterbatch technology

1937-1989 1990-2009 2010-Future

Plastics . Dow introduces polystyrene . STYRON A-TECH™ Resins . New PC-based compounds for automotive interiors to the U.S. for appliances, consumer /exteriors: low gloss, light weight, durable aesthetics electronics, and packaging . PS technology is leveraged . High performance structural materials to replace and becomes PS technology to invent mass ABS steel and make cars lighter and more fuel efficient leader in these applications process technology . New HIPS grades for thinner refrigerator liners . PC / ABS blends for broad and packaging . Two-phase interfacial market use including polycarbonate process . ABS grades with excellent aesthetics automotive and consumer is invented electronics . New compounds for medical devices, LED lighting, consumer electronics, and high performance films . High-flow PS for high-gauge insulation boards . STYRON X-TECH™ offers very high melt strength for end applications in the home appliances, packaging, and building and construction markets

9 Committed to Sustainability • Trinseo aims to be a preferred partner for sustainable solutions.

• The people of Trinseo are committed to: – Continually innovating and developing new and improved products and processes that advance Trinseo’s and our customers’ sustainability. – Promoting the responsible use of our materials through product stewardship. – Operating responsibly with respect to the environment, health, and safety; using resources more efficiently; adhering to the principles of Responsible Care®; and being a good neighbor in the communities where we operate.

® Responsible Care is a registered service mark of the American Chemistry Council in the United States. 10

Joint Ventures

As a leading integrated producer of polystyrene and styrene , Americas Styrenics offers solutions and services to customers in a variety of markets throughout the Americas.

Ownership: Trinseo 50%; Chevron Phillips Chemical Company 50% History: Americas Styrenics was formed in 2008 as a 50/50 joint venture between The and Chevron Phillips. After Trinseo (formerly Styron) became an independent company, it assumed Dow's ownership share in the JV. Headquarters location: The Woodlands, Texas Production Facilities: Torrance, California; Gales Ferry, Connecticut; Ironton, Ohio; Joliet, Illinois; Cartagena, Colombia; St. James, Louisiana; Marietta, Ohio Products: Polystyrene and styrene

12 Industries & Markets We Serve

Our products touch nearly every aspect of daily life.

13 Industries & Markets

Adhesives Automotive Trinseo latex binders for adhesives ensure high performance Trinseo Automotive offers a portfolio of solutions and environmental and regulatory compliance. to fulfill growing demands for vehicles that perform better, are less expensive and polluting, are more comfortable and Our extensive binder portfolio is designed for the most durable, and are fuel-efficient and safer. common adhesive applications, from lamination and pressure sensitive adhesive (PSA) to wood assembly, caulks and We offer a broad range of automotive-dedicated products, sealants, and general purpose applications. such as PULSE™ Resins, MAGNUM™ ABS Resins, ENLITE™ Structural , VELVEX™ To meet our customers’ requirements to deliver on both Reinforced , and INSPIRE™ Performance performance and sustainability, we offer low-VOC solutions Polymers. These resins enable us to provide an extensive that can be tailored to local specifications, while meeting, and offering for interior, exterior, and semi-structural applications. even surpassing, and regulatory safety standards.

14 Industries & Markets

Building & Construction Carpet & Artificial Turf

CALIBRE™ Polycarbonate Resins, MAGNUM™ ABS Resins, Carpet is stronger and more durable thanks to latex backing and TYRIL™ SAN Resins are fabricated into sheets used in a systems from Trinseo. Our products include a wide variety of range of construction applications. latexes that impart specific physical properties to the finished carpet, including dimensional stability, stiffness and hand, and Trinseo’s latex binders for construction deliver consistent may be used to enhance performance properties including quality, differentiating technology, and performance in a moisture barrier. variety of construction applications like cementitious modifications, composites, liquid applied membranes, And, in artificial turf, Trinseo latex products offer safety and mastics, glass fiber reinforcements, oil & gas, primers and durability on the field and help to improve properties that surfaces. extend the durability and appearance of the pitch.

15 Industries & Markets

Consumer Goods Consumer Electronics

Trinseo offers a variety of premium plastics for consumer Trinseo collaborates with customers on a wide range of goods with specialty solutions for a wide range of consumer electronics applications – from flat-screen TVs to applications, including furniture, household goods, and toys. printers to smart phones.

™ ™ Consumers want products that look good and can handle EMERGE Advanced Resins and CALIBRE Polycarbonate rough play, weather, and heavy use. With our portfolio of Resins help provide strength to housings, bring high-impact CALIBRE™ Polycarbonate Resins, TYRIL™ SAN Resins, resistance, and provide for perfect color and gloss ensuring STYRON™ Polystyrene Resins, MAGNUM™ ABS Resins, appealing aesthetics and high performance properties for this PULSE™ PC/ABS Resins, and EMERGE™ Advanced consumer-driven sector. Resins, we have solutions to meet these tough requirements and more.

16 Industries & Markets

Electrical & Lighting Functional Nonwovens

LED lighting, solar electricity generation, smart meters – the High-quality, low-VOC latex binders for functional nonwovens electrical and lighting industries are in the midst of a from Trinseo can improve performance and processing revolution. Our plastics maximize light output and safety, and efficiencies. stand up to rough use over the product’s lifetime. Trinseo binders for diverse functional nonwoven applications CALIBRE™ Polycarbonate Resins and EMERGE™ heighten product performance while ensuring regulatory Advanced Resins provide solutions for electrical applications compliance for abrasives and pads, decorative, filtration, like switches, plugs, and meters. CALIBRE™ Polycarbonate footwear and roofing. Resins, EMERGE™ Advanced Resins, and TYRIL™ SAN Resins are used for non-incandescent LED lighting. And our Our low-VOC, low-odor, and formaldehyde-free solutions resins go into smart meters, one of the enabling technologies deliver excellent processability for more cost-effective to achieve reductions in carbon emission and energy usage. operations.

17 Industries & Markets

Home Appliances Medical

With years of experience supplying the home appliance An increase in minimally invasive surgeries and a shift to marketplace, we understand the challenges the industry faces more home health-care monitoring have increased today – to reduce costs, improve sustainability, and meet the need for light yet durable medical devices. changing consumer tastes. CALIBRE™ and CALIBRE™ MEGARAD™ Polycarbonate With MAGNUM™ ABS Resins, TYRIL™ SAN Resins, Resins, EMERGE™ Advanced Resins, and MAGNUM™ ABS STYRON™, STYRON A-TECH™ STYRON X-TECH™ Resins offer medical device manufacturers options to meet Polystyrene Resin, and CALIBRE™ Polycarbonate Resins stringent performance requirements while ensuring patient tailored for the appliance industry, Trinseo provides plastics safety and keeping costs low. Certain CALIBRE™ Resins with great performance that allow manufacturers to have even undergone biocompatibility testing. downgauge, reduce scrap, and save money while improving the freedom of design needed to meet consumer needs.

18 Industries & Markets

Packaging Paper & Paperboard

Protection, convenience, and ensuring product quality are just Printed items used every day – from playing cards, some of the vital properties needed to help consumers trust brochures, and magazines to colorful board-based packaging the packaged final product. – are enhanced by latex coatings from Trinseo. These coatings provide durability protection as well as decorative Trinseo offers STYRON™, STYRON A-TECH™ and features such as high-gloss finishes for paper and STYRON™ C-TECH Polystyrene Resins, CALIBRE™ paperboard. Polycarbonate Resins, and TYRIL™ SAN Resins for different packaging needs in transparent, rigid opaque, and foamed Supported by our extensive polymer engineering we packaging as well as for bottles. developed styrene butadiene latex, modified styrene butadiene latex, terpolymer, styrene acrylate, thickeners, and synthetic pigments.

19 Industries & Markets

Sheet & Profile Extrusion & Technical Rubber Goods

Trinseo offers ABS resins, polycarbonate resins, and ABS/PC As a global leader in the production and distribution of blends for sheet and film extrusion applications. synthetic rubbers, Trinseo offers a broad portfolio of quality products. Trinseo is a market leader with proven products for edgebands and profiles offering an excellent balance of Butadiene rubber is used in impact modification, tires, golf features, such as toughness, and surface aesthetics. balls, and technical rubber goods applications. High quality, cold polymerized emulsion styrene butadiene rubber finds its Whether it is clear or opaque solid sheets, Trinseo has a use in standard tires and technical rubber goods. variety of premium resins serving markets such as consumer electronics, lighting applications, construction, and Our focus is on the development of enhanced solution appliances. styrene butadiene rubber grades that are used in premium tires to improve performance properties of wear resistance For structured sheets (multi-wall and panels), Trinseo and wet-grip, while at the same time reducing rolling supports the marketplace with a range of high-performance resistance and fuel consumption. thermoplastic solutions.

20 Our Products

21 Performance Materials Division Overview

Latex Binders Synthetic Rubber Performance Plastics Styrene Butadiene Latex Emulsion-Styrene Butadiene Rubber (E-SBR) Acrylonitrile Butadiene Styrene (ABS) Styrene Acrylate Latex Lithium-Butadiene Rubber (Li-BR) Polycarbonate (PC) blends Nickel-Butadiene Rubber (Ni-BR) PC/ABS Solution-Styrene Butadiene Rubber (S-SBR) PC/PET Long-Glass-filled Polypropylene

Products Glass-filled Alloys Polypropylene compounds

ENVERSA™ Foam Latex BUNA™ Synthetic Rubber CALIBRE™ PULSE™ EVEREST™ Latex Technology SPRINTAN™ Synthetic Rubber CALIBRE™ MEGARAD™ VELVEX™ FOUNDATIONS™ Latex CELEX™ HPL™ Latex Latex Modifier A™ / NA EMERGE™ LOMAX™ Technology ENLITE™ Brands MaxForte™ INSPIRE™ MaxCoat™ MAGNUM™

Building and Construction Materials Polymer Modification Automotive Carpet and Artificial Turf Backings Standard and Performance Tires Consumer Electronics Use Paper and Paperboard Coatings Technical Rubber Goods Electrical Lighting

End Medical Devices

22 Premier Franchises

Synthetic Rubber • Trinseo is a technology leader in functionalized solution-styrene butadiene rubber (S-SBR) for high performance tires.

Latex Binders • Global leader in SB latex with 25 percent market share. • The only SB latex supplier with world-class pilot coating facilities in both the U.S. and Europe.

Performance Plastics • Longstanding customer relationships with industry leaders in automotive, electronics, lighting and medical devices.

23 Latex Binders and Synthetic Rubber – Market Trends Trinseo’s offering is aligned to key macro trends that drive future demand.

Trends

Sustainability

Higher Living Standards

24 Synthetic Rubber Overview • Leading supplier of SBR and BR with world-class manufacturing platform in Europe. • Functionalized S-SBR growth platform focusing on high performance tires. • Deep and long-standing relationships with all global leading tire producers. • Leader in polymer modification with significant captive use in plastics.

25 Synthetic Rubber Product Differentiation

Trinseo capabilities capture the spectrum of synthetic rubber applications.

Performance Tires

S-SBR

Polymer Functionalized Modification S-SBR

Nd-BR (b) Standard Tires Li-BR (a)

Co-BR (b)

Technical Ni-BR Rubber Goods E-SBR

(a) Used in Plastic Modification only (b) Trinseo owns Licenses and Technologies

26 Latex Binders – Paper & Board Chemistries

Trinseo provides a full range of coating chemistries required by customers.

Offering Category Technology

Styrene Butadiene Polyvinyl Acetate Binders Binders All-acrylic Vinyl Acrylic Styrene Acrylic

Thickeners Alkali Swellable Emulsions (ASE)

Additives Opacifiers Solid Plastic Pigment

Rotogravure Sole Binder Formulated Products CDP Formulation

27 Latex Binders – Textile Chemistries

Unmatched product offering aligned to meet industry trends.

Polymer Type Brands Applications Residential Broadloom SB LOMAX™ Technology Commercial Broadloom Residential Broadloom Commercial Broadloom Modified SB Needle Felt Woven Artificial Turf Residential Broadloom VB, VSB HPL™ Latex Commercial Tile Needle Felt Commercial Broadloom Acrylic FOUNDATIONSTM Acrylic Technology Commercial Tile Unbranded Acrylic Commercial Broadloom Commercial Broadloom VA EVEREST™ Carpet Tile Attached Cushion Foam Technology ENVERSA™ Cushion Technology Carpet Underlay Bath Mat

28 Latex Binders – Adhesives, Construction, and Nonwovens Chemistries

Polymer Type / Chemistry Features Mechanical properties Styrene Butadiene (SB) Stiffness and softness Flexibility Water, chemical, stain, abrasion or oil resistance Cohesive and adhesive strength Modified SB Dimensional stability Water impermeability Efflorescence resistance Styrene Acrylic (SA) UV resistant Acrylic (Developmental) UV and heat stability Vinylidene Chloride (VDC) Ignition resistance Plastic Pigments Stiffeners Bio-hybrids Biomaterial containing polymers Foam Technology ENVERSA™ Cushion Technology

29 Basic Plastics and Feedstocks Overview

Polystyrene ABS / SAN Polycarbonate

General Purpose Polystyrene Acrylonitrile Butadiene Styrene (ABS) Polycarbonate Resins (PC) (GPPS) Resins High Impact Polystyrene (HIPS) Styrene Acrylonitrile (SAN) Resins Products

STYRON™ MAGNUM™ CALIBRE™ STYRON A-TECH™ TYRIL™ STYRON™ C-TECH

Brands STYRON X-TECH™

Appliances Appliances Appliances Building and Construction Automotive and RV Consumer Electronics Consumer Goods Building and Construction Consumer Goods Use Electrical Consumer Goods Medical Devices Lighting Furniture Optical Media End Packaging Packaging Sheet and Profile Consumer Electronics Sheet and Profile

30 Broad Range of Plastics and Services Anchored by a Premier Polystyrene Franchise

• Supplying numerous industries in all geographic regions. • Top three supplier globally* in polystyrene. • Only global supplier with wide range of PS, ABS / SAN, and PC blends. • Trinseo is well positioned with: – Differentiated ABS technology – World-class products assets strategically positioned in growth regions – Recognized leadership in application development – Enduring customer partnerships

* Includes Trinseo share of Americas Styrenics joint venture

31 Plastics – Market Trends

Trinseo’s portfolio is aligned with global macro trends backed by solid fundamentals.

Trends

Energy Efficiency

Waste Reduction / Sustainability

Reducing Costs

Aesthetics / Differentiation

Increased Living Standards

Convenience

Mobility and Entertainment

32 Finding Solutions for Our Customers • At Trinseo, we strive to bridge the gap between our customer’s ideas and reality to create shared value for the marketplace and for Trinseo. • Trinseo was built on seven decades of technology leadership and a unique combination of marketplace knowledge, world-class production assets, and ingenuity.

Trinseo. Materials. Powering Ideas.

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