DuPont Line of Business Teach-in: Interconnect Solutions

DuPont

Interconnect

Solutions (ICS)

Leading Sustainable Materials Solution Partner for Advanced Interconnects

Investor Presentation

November 17, 2021

Interconnect Solutions

Vision: To be the leading sustainable materials solution partner for advanced interconnects

DIFFERENTIATED

TECHNOLOGY

• Enabling reliable signal integrity in interconnects by providing total solutions
• Solving our customers' critical interconnect challenges by leveraging our broad portfolio, deep material science expertise and applied science & engineering capabilities

KEY GROWTH DRIVERS		COMPLEMENTARY BUSINESSES
5G	Miniaturization
Connectivity	DuPont ICS
Electric /	System Reliability
Autonomous	Laird Performance Materials
Vehicles
High-Performance	Sustainability	Rogers Corporation(1)
Computing/IoT

(1) On November 2, 2021, DuPont announced it had entered into a definitive agreement to acquire Rogers Corporation. The transaction is subject	2
to approval by Rogers Corporation's shareholders, regulatory approvals and customary closing conditions.

Interconnect Solutions: At a glance

BY PRODUCT LINE

		Metallization & Imaging
$1.75 B(1)		Films & Laminates
	Thermal Management & EMI
		Shielding (Laird)

BY MARKET SEGMENT

		Consumer Electronics
		Smartphone
$1.75 B(1)		Automotive
		Telecom

Industrial & Medical

Aero & Defense

BY GEOGRAPHY(1)

9%

78%

13%

• R&D/Technical Center

Manufacturing

~5,700		19		~5%
COLLEAGUES		MANUFACTURING		R&D/REVENUE
		SITES

1. Reflects 2020 net sales of the Interconnect Solutions business on a pro forma basis giving effect to the acquisition of Laird Performance Materials as if the transaction had

occurred on January 1, 2020.

3

Market-leading growth

STRONG FINANCIAL PROFILE AND GROWTH STRATEGY

NET SALES

GROWTH STRATEGY

Laird

2019	2020	2021E	⁽²⁾

• Completed Laird acquisition (July 2021); announced Rogers acquisition(3)
• Outperforming market with 7% organic CAGR(1) since 2019
• Investing in differentiated technology and manufacturing capacity
• Achieving industry-leading profitability across all PCB product lines

Aligned to megatrends	Enhancing product
enabled by	performance through
interconnects	materials expertise
Preferred partner with	Leveraging global
OEMs and leading	footprint and operations
customers	excellence
World-class design,	Driving inorganic growth
application engineering	and expanding
& process capability	addressable market

1. Organic compound annual growth rate.
2. 2021E reflects the Company's best estimate based on assumptions included as part of the Company's guidance provided as part of its third quarter 2021 earnings call held on November

2, 2021.	4
(3) On November 2, 2021, DuPont announced it had entered into a definitive agreement to acquire Rogers Corporation. The transaction is subject to approval by Rogers Corporation's

shareholders, regulatory approvals and customary closing conditions.

Industry megatrends enabled by interconnects

MEGATRENDS		GROWING INTERCONNECT DEMAND

Printed Circuit Board Market ($Bn)

		100
		80
		60
5G Connectivity	Electric / Autonomous
Vehicles	2010	2013	2016	2019	2022	2025
			15%+			~20-30%

				5G	ELECTRIC /
High-Performance			AI / Big Data /	CONNECTIVITY	AUTONOMOUS
Computing / IoT			Machine Learning		VEHICLES
Source: Prismark, IHS and DuPont analysis			5 year CAGR ('21-'25)

Consistent market growth of ~5%

Targeting High- Growth Segments Enables Us to Outpace the Market

5