Element Solutions Inc (NYSE: ESI) (the “Company” or “ESI”), a global and diversified specialty chemical technology company, announced today that it has completed its previously announced acquisition of EFC Gases & Advanced Materials (“EFC”). EFC will operate as a standalone business unit reported within the Company’s newly renamed “Specialties Segment” which was heretofore the “Industrial & Specialty Segment.”

Chief Executive Officer Benjamin Gliklich said, “We are thrilled to welcome EFC to the Element Solutions family of businesses. Their solutions-orientation, team culture and go-to market approach fit seamlessly with our company, while this acquisition brings high value, differentiated capabilities in specialty and rare gases together with advanced materials and introduces attractive new growth vectors in semiconductor manufacturing, electrical transmission infrastructure, and space applications to ESI. EFC will join our newly formed ‘Specialties’ segment, comprised of businesses focused on niche, high-value markets with demanding customer qualification requirements and an emphasis on value-added technical service which together create high-quality recurring revenue streams. We expect the segment to grow in the mid-single digits with adjusted EBITDA margins in excess of 20% and a durable cash flow profile. Our portfolio evolution over the past several years has significantly improved our overall business quality from a growth and profitability perspective as is quite evident in this new ‘Specialties’ segment.”

About Element Solutions Inc

Element Solutions Inc is a leading global specialty chemical technology company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, these innovative solutions enable customers' manufacturing processes in several key industries, including consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing, and offshore energy.

More information about the Company is available at www.elementsolutionsinc.com.

Forward-looking Statements

This press release contains forward-looking statements, including, but not limited to, statements relating to the benefits of the EFC acquisition and the Company’s expectations with respect to its new Specialties Segment’s growth, adjusted EBITDA and cash flow. These statements are based on management's estimates and assumptions with respect to financial performance and future events, and are believed to be reasonable, though are inherently difficult to predict. Actual results could differ materially from those projected as a result of certain factors including, without limitation, market and other general economic conditions, the Company’s perception of future availability of financing as well as factors included in its periodic and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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