WESTLAKE $WLK Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $2.98B (Est. $2.95B) 🟢; +5% YoY 🔹 Adj. EPS: $0.45 (Est. $0.57) 🔴 🔹 Adj. EBITDA: $408M (Est. $435M) 🔴; +30% YoY Segment Net Revenue: 🔹 HIP: $1.09B 🔹 PEM: $1.89B; +8% YoY Other Q3 Metrics: 🔹 EBITDA Margin: 14%; +300 bps YoY 🔹 Free Cash Flow: $220M 🔹 CapEx: $188M 🔹 Cash & Investments: $2.0B Key Updates: 🔹 Cologne Closure: $56M of PEM shutdown charges; $2M restructuring costs 🔹 Profitability Plan: $600M EBITDA uplift remains on track for 2026 Comments: 🔸 “In response to these structural challenges in Europe, we took action to optimize our footprint in the third quarter by announcing the closure of a PVC plant in Cologne, Germany.” 🔸 “While PEM selling prices have stabilized with upward momentum entering the fourth quarter of 2026, we recognize that an environment of heightened price volatility persists”