Huntsman Announces Development of New Materials Designed to Boost Battery Performance and Protection :: Huntsman Corporation (HUN)

New technologies will be introduced at The Battery Show, Messe Stuttgart, Germany Visit Huntsman May 23-25, 2023 at Booth 8-A40

Everberg, BELGIUM – Huntsman will announce the development of innovative polyurethane, carbon nanotube and epoxy materials at The Battery Show this week, which are all designed to help improve the integration of batteries into electric vehicles and enhance their protection and performance.

In a move that helps to deliver high-performance composite battery structures, alongside design and production flexibility, Huntsman has assembled a portfolio of customizable, quick-cure, high-strength polyurethane and epoxy resins that can be used to create underbody and top cover battery protection components up to 30% quicker than some existing technologies. Crucially, the products can also lower overall part weight and increase strength and structural performance. A range of products is currently available covering various battery performance and protection needs:

Huntsman serves customers along the automotive value chain, delivering innovative, value-added solutions to the world's best-known car brands to support their comfort and sustainability ambitions. Huntsman's portfolio of battery materials includes our ULTRAPURE® carbonates, high-purity solvents for electrolytes that are critical to the reliable operation of lithium-ion batteries and long working life for electric vehicles. Additional key areas of expertise include lightweighting, encapsulation and insulation of electric and electronic parts, high-performance polyurethane systems for seating, interior trim, acoustic insulation, and composite panel applications. To find out more, please visit https://www.huntsman.com/markets/automotive-and-transportation/automotive/battery-materials

About Huntsman: Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2022 revenues of approximately $8 billion from our continuing operations. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 60 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 7,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com.

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Forward-Looking Statements:

Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices, and other factors as discussed in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting, the spin-off of Venator Materials Corporation, the ability to implement cost reductions and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

ARALDITE®, ARATHANE®, RIMLINE®, MIRALON®, ULTRAPURE® and VITROX® are registered trademarks of Huntsman Corporation or an affiliate thereof and SHOKLESS™ is a trademark of Huntsman Corporation or an affiliate thereof in one or more, but not all, countries.

While all the information and recommendations in this publication are to the best of our knowledge, information and belief accurate at the date of publication, NOTHING HEREIN IS TO BE CONSTRUED AS A WARRANTY, EXPRESS OR OTHERWISE. IN ALL CASES, IT IS THE RESPONSIBILITY OF THE USER TO DETERMINE THE APPLICABILITY OF SUCH INFORMATION AND RECOMMENDATIONS AND THE SUITABILITY OF ANY PRODUCT FOR

ITS OWN PARTICULAR PURPOSE. The sale of products referred to in this publication is subject to the general terms and conditions of sale of Huntsman International LLC or of its affiliated companies.

Released May 23, 2023