Qnity Electronics, Inc. to Host 2025 Investor Day on September 18, 2025 at 2:00pm ET

Sep 18 2025 11:50 BST

Broad pure-play technology leader for the fast-growing semiconductor market
End-to-end horizontal product integration includes chip manufacturing, advanced packaging, thermal management solutions, and more

WILMINGTON, Del. , Sept. 18, 2025 /PRNewswire/ -- Qnity Electronics, Inc. ("Qnity"), a premier technology solutions leader across the semiconductor value chain, will host a live video webcast of its inaugural Investor Day at 2:00 p.m. ET today, September 18, 2025. Qnity will provide an overview of its strategy, businesses, and growth objectives as an independent public company following its planned separation from DuPont (NYSE: DD), targeted for November 1, 2025.*

Jon Kemp, Chief Executive Officer-Elect of Qnity and President of DuPont Electronics, Matt Harbaugh, Chief Financial Officer-Elect for Qnity, and Randy King, Chief Technology and Sustainability Officer-Elect for Qnity, will discuss the company's competitive positioning within the semiconductor supply chain, its product and innovation portfolio, and growth outlook. Additionally, management will provide its 3-year financial objectives through 2028.

2025 Pro Forma Financial Estimates

	2024A	2025E	Change
Net Sales ¹	$4.3B	~$4.6B	~7%
Adjusted Pro Forma Operating EBITDA²	~$1.25B	~$1.4B	~11%
Adjusted Pro Forma Operating EBITDA Margin³	~29%	~30%	~100 bps
Adjusted Free Cash Flow⁴	~$598M	$600M+	NM

These pro forma financial estimates include information that does not conform to accounting principles generally accepted in the United States of America ( GAAP) and are considered non-GAAP measures. The non-GAAP measures presented are derived from the financial statements included in the Qnity registration statement on Form 10 on file with the Securities and Exchange Commissions and are not necessarily indicative of the future possible key performance indicators or non-GAAP measures of Qnity. Qnity believes these non-GAAP financial measures are useful to investors because they provide additional information related to the performance of Qnity on an as managed by DuPont basis.

¹ Net Sales for 2024 has been derived from our historical combined financial statements, which were prepared on a carve-out basis as we did not operate as a stand-alone entity in 2024. The estimated forecast financial information and metrics presented have been voluntarily provided and reflect Qnity on a projected standalone basis.

² Qnity Adjusted Pro Forma Operating EBITDA is a non-GAAP financial measure and is defined as Pro Forma earnings (i.e., " Pro Forma Income before income taxes") before Pro Forma adjustments related to interest, depreciation, amortization, non-operating pension / OPEB benefits / charges, foreign exchange gains / losses, indirect legacy costs, and adjusted for significant items. Reflects the recurring stand-alone public company costs of ~$96 million expected to be incurred annually following spin-off. This calculation is derived from the FY25 estimated DuPont Electronics Segment EBITDA of approximately $1.52 billion, adjusted for recurring stand-alone public company costs of ~$96 million and a net ~$25 million of other carve related and proforma related adjustments, resulting in a Qnity 2025 estimated Adjusted Pro Forma Operating EBITDA of approximately $1.4 billion.

³Adjusted Pro Forma Operating EBITDA Margin is defined as Pro Forma Adjusted Operating EBITDA divided by Net Sales.

⁴ Adjusted Free Cash Flow is defined as pro forma cash provided by/used for operating activities less capital expenditures, IT independence costs, indirect legacy costs, and separation-related transaction cost and excluding the impact of cash inflows/outflows that are unusual in nature and/or infrequent in occurrence that neither relate to the ordinary course of the Company's business nor reflect the Company's underlying business liquidity. See appendix to investor day presentation slides for reconciliations of non-GAAP financial measures.

3-Year Financial Objectives ⁵ through 2028

Organic Net Sales CAGR of ~6-7%, demonstrating above-market growth
Adjusted Operating EBITDA growth CAGR of ~7-9%, showcasing strong profitability
Maintain Net Debt Leverage of less than 3.0x, supported by expected solid free cash flow generation

⁵Targets are on average over the three-year period. Net Debt Leverage defined as Gross debt less cash divided by Adjusted Operating EBITDA.

Webcast details
The real-time webcast of the Qnity Investor Day will be accessible on the Investor Relations section of its website at ir.qnityelectronics.com. Materials related to these presentations will be posted at these same website locations and replays of the webcasts will be made available on the same sites following the events.

About Qnity
Qnity™, DuPont's Electronics business, is a premier technology solutions provider across the semiconductor value chain, empowering AI, high performance computing, and advanced connectivity. From groundbreaking solutions for semiconductor chip manufacturing, to enabling high-speed transmission within complex electronic systems, our high-performance materials and integration expertise make tomorrow's technologies possible. More information about the company, its businesses and solutions can be found at www.qnityelectronics.com. Investors can access the initial Form 10 filing and amendments for Qnity on its investor website.

Qnity™, the Qnity Node Logo, and all products, unless otherwise noted, denoted with TM or ® are trademarks, trade names or registered trademarks of affiliates of Qnity Electronics, Inc.

About DuPont
DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. DuPont's employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety.

DuPont™, the DuPont Oval Logo, Qnity™ and all trademarks and service marks denoted with ™,^SM or ^® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

*On January 15, 2025, DuPont announced it is targeting November 1, 2025, for the completion of the Spin-Off. The Spin-Off will not require a shareholder vote and is subject to satisfaction of customary conditions, including final approval by DuPont's board of directors, receipt of tax opinion from counsel, the completion and effectiveness of the Form 10 registration statement filed with the SEC, applicable regulatory approvals and satisfactory completion of financing.

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements use words such as "plans", "expects", "will", "would", "anticipates", "believes", "intends", "seeks", "projects", "efforts", "estimates", "potential", "continue", "intend", "may", "could", "should" and similar expressions, among others, as well as other words or expressions referencing future events, conditions or circumstances. Statements that describe or relate to DuPont's or Qnity's plans, goals, intentions, strategies, financial estimates, DuPont's or Qnity's expectations regarding the Spin-Off, and statements that do not relate to historical or current fact, are examples of forward-looking statements. Forward-looking statements are based on our current beliefs, expectations and assumptions, which may not prove to be accurate, and involve a number of known and unknown risks and uncertainties, many of which are out of DuPont's and Qnity's control. Forward-looking statements are not guarantees of future performance, and there are a number of important factors that could cause actual outcomes and results to differ materially from the results contemplated by such forward-looking statements. Additional information concerning these and other factors can be found in DuPont's and Qnity's filings with the U.S. Securities and Exchange Commission, including DuPont's most recent annual report on Form 10-K, most recent quarterly report on Form 10-Q and current reports on Form 8-K and Qnity's registration statement on Form 10. Any forward-looking statement speaks only as of the date on which it is made. Neither DuPont nor Qnity undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

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SOURCE DuPont