On October 26, olin announced outstanding achievement of finance affairs of the 3rd quarter. The net gain that the 3rd quarter reported 2023 is 104.1 million dollar, drop compared to the same period 66.9% , the net gain that the 3rd quarter reported 2022 is 315.2 million dollar. The EBITDA after the 3rd quarter was adjusted 2023 is 314.8 million dollar, the depreciation that does not include 131 million dollar and amortize charge recombine charge with what reach 11.9 million dollar. The EBITDA after the 3rd quarter was adjusted 2022 is 547.8 million dollar. The sale of the 3rd quarter was one billion six hundred and seventy-one million four hundred thousand dollar 2023, drop compared to the same period 28% , the sale of the 3rd quarter was two billion three hundred and twenty-one million seven hundred thousand dollar 2022. President, president holds presiding apparitor concurrently Scot · Sa pauses (Scott Sutton) expresses: Although “ goes the demand environment of 6 quarters appears contractive, but the model that the group of Olin continues to prove us has flexibility, and capable to offer taller than average company cereal to be worth the EBITDA after adjusting and corresponding cash to flow. We continue first consideration uses stock of travel of excess cash inpour to counter-purchase, heretofore already was counter-purchased 2023 of about 8% current. “ although Electrochemical Unit (“ECU” ) value was in all the time 2023 drop, but the global state of the chloric alkaline product that we believe us and vinyl business is approaching favorable inflection point. Accordingly, our group already took major step, reduce our operation cost rate considerably; Accordingly, the market that reduces us further is participated in and quicken favorable inflection point, because we are in,implementation maintains discipline on the method of ECU value. We are already unused the plant that Louisiana city emperor adds Buliaier and Texas not the chloric alkaline plant with the biggest plant of Li Bo spy. Compare with the anticipation before us, accelerator of value of this one “ plans ” to predict to will make foreground of our the EBITDA after the fourth quarter was adjusted 2023 reduces about 100 million dollar; But, we predict with compared 2023, it should be met the improvement that brings the EBITDA after was being adjusted 2024. We predict Wen Che this special although be shut during holiday, the four seasons spends branch, result also will with the level of the 3rd quarter is similar 2023. Overall and character, we predict Olin 2023 year the EBITDA after the fourth quarter is adjusted will be inside range of 200 million dollar. Each branch reports:

Epoxy resin

2023 the epoxy resin of the 3rd quarterSale is 321.6 million dollar, and the 3rd quarter was 644.1 million dollar 2022, drop compared to the same period 50.1% . As a result of,the fall of epoxy resin sale basically isProduct price falls, colophony system sales volume drops and different third benzene and sale of double phenolic A drop 163.8 million dollar. Recombine the one part of the action as epoxy resin business, aim to adjust our global asset footmark the capital base to provide cost effectiveness most, in order to support our strategic operation pattern, epoxy resin business 2023 stopped to be located in Holand Tai Erne first quarter ever the operation of factory of different third benzene; Be in the four seasons was spent 2022, the product line of double phenolic A that we reduced to use tower heart plant in Germany. 2023 the 3rd quarter, this branch deficit is 28.8 million dollar, and the sectional earnings of the 3rd quarter was 80.1 million dollar 2022. Earnings of epoxy resin department reduced 108.9 million dollar, because inferior price is mixed,basically be reduce relevant increment cost with inventory, the part is mixed by the fall of raw material and operation cost, natural gas the fall of electric power cost and the improvement that the product constitutes are offsetted. Epoxy 2023 year outstanding achievement of the 3rd quarter includes depreciation and amortize charge to be 14.7 million dollar, and the 3rd quarter was 20.1 million dollar 2022.

Chloric alkaline product and vinyl

2023 first quarter, joint ventures of Blue Water Alliance begins operation, merge into our chloric alkaline product and vinyl product branch. Chloric alkaline product and vinyl product sale were the 3rd quarter 2023 969.6 million dollar, and the 3rd quarter was one billion two hundred and sixty-three million five hundred thousand dollar 2022. Because sales volume drops,chloric alkaline product and vinyl product sale drop basically is 6% , the price is reduced and disadvantage is poorer mix. Earnings of department of the 3rd quarter was 172.3 million dollar 2023, and the 3rd quarter was 253.9 million dollar 2022. Because crop decreases to drop with the price,sectional earnings reduces 81.6 million dollar basically is (basically be caustic soda) , the share is dropped by raw material and operation cost place is quits. Chloric alkaline product and vinyl product the profit reductive that the outstanding achievement of the 3rd quarter also was risen to be brought about with the sale loss related to operation problem 2023 by cost is negative influence, the first quarter maintenance on factory of monomer of chloric ethylene of these problems and factory of harbor of our Texas freedom have enough to meet need is concerned. Device of chloric ethylene monomer 3 quarters second half returns to normal operation. Chloric alkaline product and Vinyls2023 year outstanding achievement of the 3rd quarter includes depreciation and amortize charge 107.6 million dollar, and the 3rd quarter was 121.1 million dollar 2022.

Wen Che this special

Wen Che this special the sale of the 3rd quarter was 380.2 million dollar 2023, and the 3rd quarter was 414.1 million dollar 2022. Wen Che this special of sale because volume of commercial ammo shipment and price fall,dropping basically is, the part is mixed by home international army tastes a sale to increase place to offset. This department earnings was the 3rd quarter 2023 64.5 million dollar, and the 3rd quarter was 89 million dollar 2022. Because volume of commercial ammo shipment and price fall,this department earnings reduces 24.5 million dollar basically is, the share is increased by martial sale and operation cost drops place is quits. Wen Che this special outstanding achievement of the 3rd quarter included depreciation and amortize charge 2023 6.6 million dollar, and the 3rd quarter was 6.1 million dollar 2022.