Koppers (KOP) investor relations material

Strategic overview and market positioning

• Transitioned from heavy capital investment to a growth phase, with major projects completed and expected to drive returns.

• Holds leading positions in railroad products, utility poles, performance chemicals, and carbon materials.

• Serves all major North American Class I railroads and top U.S. utilities, with a strong presence in residential and industrial lumber markets.

• Balanced portfolio across segments helps mitigate cyclical risks.

• Approximately 70% of sales are in North America, with the remainder international.

Financial performance and segment highlights

• 2025 consolidated sales reached $1.9 billion, with adjusted EBITDA of $257 million and a 13.6% margin.

• RUPS segment led with over $900 million in sales and $108 million in adjusted EBITDA.

• Performance Chemicals delivered over $500 million in sales and the highest EBITDA margin at 19%.

• Carbon Materials and Chemicals generated $400 million in sales, serving mainly the aluminum industry.

• Nearly 80% of 2025 sales tied to wood preservation products and chemicals.

Strategic initiatives and transformation

• Launched the Catalyst transformation project in 2025, targeting commercial and cost-saving opportunities.

• Achieved $46 million in benefits in 2025, with an additional $75 million targeted through 2028.

• Initiatives included plant closures, procurement savings, and headcount reductions.

• Aims to grow adjusted EBITDA margin above 15% and EPS at a 10% CAGR by 2028.

• Plans to increase PC and RUPS share of business to 85% by 2028.