Qnity Electronics, Inc.

“Qnity is one of the largest global leaders in materials and solutions for the semiconductor and electronics industries. We empower our customers’ technology roadmaps to enable advancements in megatrends such as artificial intelligence, high-performance computing and advanced connectivity.”

“We collaborate with key players throughout the electronics value chain, including many of the leading semiconductor device manufacturers, foundries and equipment providers.”

“We offer materials for all lithography wavelengths, including ultraviolet, deep ultraviolet and EUV lithography.”

“CMP pads have served as the industry standard for many years, and we have a leading position in advanced technology nodes.”

“We are a leading provider of CMP slurries and specialty cleaning chemistries for liquid and dry film photoresist removal, post-CMP cleaning, selective etching and post-etch residue cleaning.”

“Qnity is a leading supplier of innovative materials and processes for organic light-emitting diode ("OLED") displays.”

“Kalrez® perfluoroelastomer parts are engineered for critical sealing applications in industries such as semiconductor manufacturing, aerospace, chemical processing and energy.”

“China 713 857 1,570 Rest of Asia Pacific:1,430 747 2,177 South Korea617 108 725 Taiwan535 172 707 Other278 467 745 Total$2,642 $2,112 $4,754”

“China 656 801 1,457 Rest of Asia Pacific:1,323 638 1,961 South Korea596 103 699 Taiwan458 137 595 Other269 398 667 Total$2,450 $1,885 $4,335”

“Semiconductor Technologies$2,642 $2,450 $2,251 Interconnect Solutions2,112 1,885 1,784 Total$4,754 $4,335 $4,035”

“As of December 31, 2025, of our more than 10,000 employees, approximately 60% are located in Asia Pacific; 32% are located in the U.S. and Canada; 5% are located in Europe, Middle East and Africa ("EMEA") and 3% are located in Latin America.”

“Our most notable competitors are Entegris, Merck KGA, Resonac, Element Solutions and MKS Instruments.”

“The proliferation of artificial intelligence ("AI"), high performance and cloud computing, 5G, next generation automotive vehicles and the IoT, which we believe will continue to drive demand for semiconductors and our position therein.”

“Advanced materials are critical for technology inflections such as advanced nodes, 3D NAND, chiplet designs, advanced Dynamic Random Access Memory ("DRAM") and High Bandwidth Memory ("HBM") and advanced packaging.”

“governments worldwide are co-investing in semiconductor industries to ensure domestic supply, creating new opportunities for semiconductor companies including Qnity.”

“Qnity benefits and is expected to continue to benefit from the “processing material multiplier” effect associated with semiconductor manufacturing, as advanced nodes for logic and memory require three to five times more processing material per wafer compared to legacy nodes.”

“This seasonality is most pronounced in our Interconnect Solutions segment, where historical sales peak during mid-year and moderate in the first and fourth quarters; although this seasonality pattern has decreased over the past few years and we expect this seasonality to further diminish going forward.”

“When we secure a win, we typically benefit from multi-year revenue streams tied to the life of that program.”

“the Company expects the generation of cash from operations and the ability to access the debt capital markets and other sources of liquidity will continue to provide sufficient liquidity and financial flexibility”

“On November 1, 2025 (the "Separation and Distribution Date"), DuPont completed the Separation through a pro-rata distribution of one share of Qnity common stock for every two shares of DuPont common stock held at the close of business on the record date of October 22, 2025”

“cumulative dividends at an 8% annual rate are deducted from income available to common shareholders when computing earnings per share.”

“Our production cycle and products are subject to global regulations, such as permitting, quality controls, environmental, health and safety laws and regulations, export control laws, product specifications, market-related policies and distributions regulations.”

“Our revenue is heavily dependent on demand from the global semiconductor ecosystem. The semiconductor industry has historically been, and is likely to continue to be, cyclical, with periodic downturns, resulting in decreased demand for our products.”

“While we have meaningful exposure to global trade dynamics, our local‑for‑local sourcing of raw materials limits exposure to tariff risk.”

“Tight industry constraints, geopolitical events, global trade disruptions, or weather-related disruptions could constrain supply, increase costs, and lengthen lead times, potentially delaying production and pressuring margins.”

“customers continually evaluate the benefits of internal manufacturing versus outsourcing, and a customer’s decision to internally manufacture products that we provide may negatively impact us.”

“In periods of tight supply, customers may build buffer inventory, inflating near-term orders; conversely, destocking cycles can suppress demand even when underlying consumption remains healthy.”