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NYSE / EURONEXT: “CHMT”

Chemtura Corporation

HOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE PRESENTATION

May 22, 2014

the future through chemistry

Forward Looking Statements

Caution concerning forward-looking statements

This document includes forward-looking statements within the meaning of Section 27(a) of the Securities Act of 1933, as amended and Section 21(e) of the Exchange Act of 1934, as amended. These forward-looking statementsare identified by terms and phrases such as “anticipate,” “believe,” “intend,” “estimate,” “expect,” “continue,” “should,” “could,” “may,” “plan,” “project,” “predict,” “will” and similar expressions and include references toassumptions and relate to our future prospects, developments and business strategies.

Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: The cyclical nature of the global chemicals industry; Increases in the price of raw materials or energy and our ability to recover cost increases through increased selling prices for our products; Disruptions in the availability of raw materials or energy; Our ability to implement our growth strategies in rapidly growing markets and faster growing regions; Our ability to execute timely upon our portfolio management strategies and mid and long range business plans; The receipt of governmental and other approvals associated with the sale of the Chemtura AgroSolutions business and the successful fulfillment of all other closing conditions for such a transaction without unexpected

delays or conditions; The successful closing of the sale of the Chemtura AgroSolutions business and the separation of that business from the rest of our businesses; Declines in general economic conditions; The ability to comply with product registration requirements of regulatory authorities, including the U.S. Food and Drug Administration (the “FDA”) and European Union REACh legislation; The effect of adverse weather conditions; Demand for Chemtura AgroSolutions segment products being affected by governmental policies; Current and future litigation, governmental investigations, prosecutions and administrative claims; Environmental, health and safety regulation matters; Federal regulations aimed at increasing security at certain chemical production plants; Significant international operations and interests; Our ability to maintain adequate internal controls over financial reporting; Exchange rate and other currency risks; Our dependence upon a trained, dedicated sales force; Operating risks at our production facilities; Our ability to protect our patents or other intellectual property rights; Whether our patents may provide full protection against competing manufacturers; Our ability to remain technologically innovative and to offer improved products and services in a cost-effective manner; Our ability to reduce the risks of cyber incidents and protect our information technology; The risks to our joint venture investments resulting from lack of sole decision making authority; Our unfunded and underfunded defined benefit pension plans and post-retirement welfare benefit plans; Risks associated with strategic acquisitions and divestitures; Risks associated with possible climate change legislation, regulation and international accords; The ability to support the carrying value of the goodwill and long-lived assets related to our businesses; Whether we repurchase any additional shares of our common stock that our Board of Directors has authorized us to purchase and the terms on which any such repurchases are made; and Other risks and uncertainties described in our filings with the Securities and Exchange Commission, including Item 1A, Risk Factors, in our Annual Report on Form 10-K.

These statements are based on our estimates and assumptions and on currently available information. Our forward-looking statements include information concerning possible or assumed future results of operations, and our actual results may differ significantly from the results discussed. Forward-looking information is intended to reflect opinions as of the date our press release was issued. We undertake no duty to update any forward-looking statements to conform the statements to actual results or changes in our operations.

2HOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE – MAY 22, 2014

Managed Basis Financial Measures

See Appendix for reconciliation to GAAP computations

Managed Basis Financial Measures

The information presented in this presentation and in the attached financial tables includes financial measures that are not calculated or presented in accordance with Generally Accepted AccountingPrinciples in the United States (“GAAP”). Our managed basis financial measures consist of adjusted results of operations that exclude certain expenses, gains and losses that may not be indicative ofour core operations. Excluded items include costs associated with the bankruptcy reorganization; facility closures, severance and related costs; gains and losses on sale of businesses and assets;increased depreciation due to the change in useful life of assets; unusual and non-recurring settlements; accelerated recognition of asset retirement obligations: impairment charges; changes in ourpension plans as a result of dispositions, merger or significant plan amendments, and the release of cumulative translation adjustments upon the complete or substantial liquidation of any majority-owned entity. They also include the computation of Adjusted EBITDA. In addition to the managed basis financial measures discussed herein, we have applied a managed basis effective income tax rateto our managed basis income before taxes. Our managed basis tax rate of 31% in 2014 and 2013 represents refined estimated tax rates for our core operations to simplify comparison of underlyingoperating performance. Our projected managed basis tax rate for 2014 is lower than 31%. However, as we will need to subsequently revise our tax rate to reflect the sale of our Chemtura AgroSolutionsbusiness, we will defer revising the rate to avoid two potential changes in one year and to assist investors with the comparability of our reported results. Reconciliations of these managed basisfinancial measures to their most directly comparable GAAP financial measures are provided in the attached financial tables. We believe that such managed basis financial measures provide usefulinformation to investors and may assist them in evaluating our underlying performance and identifying operating trends. In addition, management uses these managed basis financial measuresinternally to allocate resources and evaluate the performance of our operations. While we believe that such measures are useful in evaluating our performance, investors should not consider them to bea substitute for financial measures prepared in accordance with GAAP. In addition, these managed basis financial measures may differ from similarly titled managed basis financial measures used byother companies and do not provide a comparable view of our performance relative to other companies in similar industries.


Presenter Dalip PuriVice President, Investor Relations and Treasurer

DELIVERING SUBSTANTIAL NEAR-TERM AND LONG-TERM VALUE TO SHAREHOLDERS

Portfolio Actions

Recent portfolio actions are simplifying our portfolio and generating cumulative proceeds of $1.5 billion: Completed sale of the Antioxidant & UV Stabilizers business on April 30, 2013 for $200 million

Completed sale of the Consumer Products business on December 31, 2013 for $300 million

Entered into a definitive agreement to sell our Chemtura AgroSolutions business for approximately $1 billion on April 16, 2014

Maximizing value to shareholders

COMPANY OVERVIEW 5HOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE – MAY 22, 2014

Divestiture net cash sale proceeds being returned to shareholders:

First use of net cash sale proceeds is to pay down debt to maintain our total debt to Adjusted EBITDA ratio at pre-divestiture levels

Currently undertaking repurchases of our common stock to complete the remaining $198 million under our authorized share repurchase program of$391 million to return proceeds from the Consumer Products divestiture to shareholders

When the sale of Chemtura AgroSolutions closes in the second half of 2013, will return net cash sale proceeds to shareholders. Method to returnthose proceeds will be selected based on market conditions at that time

Focused industrial specialty chemical company with leading market and technology positions:

Have undertaken investments for capacity expansion and growth

– Ankerweg HVPAO plant, The Netherlands and Nantong multipurpose manufacturing plant, China

– Acquired the remaining 50% interest in DayStar Materials LLC joint venture in May 2013

– Capacity expansions within the Organometallics business

Will consider bolt-on acquisitions to enhance growth of portfolio businesses

CONTINUING TO EXECUTE UPON THESE STRATEGIES IN 2014 AND BEYOND

Our Strategic Building Blocks Remain In Place

Achieving our vision by focusing on:

Regional GrowthThrough Building Local Presence and Utilizing Global Scale

PerformanceThrough a Performance Driven Culture

PortfolioThrough Active Portfolio Management

TechnologyGrowth Through Industry Focused Innovation

Focus on innovation and technology

Differentiation through technology

Investing in sustainable technologies and applications

Expand global footprint and infrastructure

Increased exposure to faster growing regions

Regional shared service centers enable cost and strategic flexibility

Continuous improvement

Accountability

Greater customer intimacy and focus

Sustainability

Actively managed portfolio to optimize value

Sharpened focus on Transportation, Electronics and Energy markets


Capacity Expansion and Regional Growth Through Industry Focused Innovations

El Dorado, Arkansas and West Lafayette, Indiana (USA):– Emerald InnovationTM “greener” flame retardant product line expansion– Geobrom® Mercury emission control

Nantong & Nanjing, China:- First phase of Nantong plant (synthetic grease) completed and commercial

sales commenced first half 2014. Second phase (synthetic fluids), production to commence in first half 2015. Third phase (urethanes) to commence in first half 2016. Nanjing provides application development for our Industrial Engineered and Performance Products segments

Ankerweg, The Netherlands:- First High Viscosity PAO (“HVPAO”) facility in Europe. Products are being

qualified and expect commercial production to begin in the 3rd quarter of 2014

DayStar, South Korea- Purchased remaining percentage of this JV in 2013 to facilitate our

manufacturing capacity expansion of high purity capability for LED lighting precursors and other optoelectronic products

Bergkamen expansion - Commercial production of single site catalyst activator MAO operational and

increasingly utilized. Expansion of feedstock supply for MAO and MOVCD LED and semiconductor precursors close to completion

Launching from a position of strength

COMPANY OVERVIEWHOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE – MAY 22, 2014 7

Geographic Diversity to Support Growth Initiatives

After the completed divestiture of the Consumer Products business

56% of LTM 2014 Net Sales outside North America

Operates 24 manufacturing sites in 12 countries

* Plant to be closed in 2014

Asia/PacificLTM 2014Net Sales

19%

Europe/AfricaLTM 2014Net Sales

28%

North AmericaEl Dorado, ARMapleton, ILPekin, ILAdrian, MIEast Hanover, NJFords, NJPerth Amboy, NJGastonia, NCElmira, CanadaWest Hill, Canada

EMEALatina, ItalyBergkamen, GermanyAccrington, UKDroitwich, UK*Trafford Park, UKAnkerweg, The Netherlands

Asia/PacificNantong, ChinaNanjing, ChinaGajraula, IndiaKaohsiung, TaiwanHyeongok, South Korea

Latin AmericaRio Claro, BrazilAltamira, MexicoReynosa, Mexico

Latin AmericaLTM 2014Net Sales

9%

North AmericaLTM 2014Net Sales

44%

Manufacturing Plants by Region


Business Segments Industrial Performance Products

Industrial Engineered Products

Business Segment Overview

HOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE – MAY 22, 2014 10

LTM Adjusted EBITDA(1) as of 3/31/2014by Segment(2) - $274 Million(3)

36%IEP

44%IPP

20%CAS 23%

IEP

44%IPP

34%CAS

LEGEND

Industrial Engineered Products (IEP) Industrial Performance Products (IPP)

Corporate Segment: Stewardship (public company cost, corporate management) and legacy costs LTM for 1Q14 were $52 million. Includes $14 million of stranded costs now eliminated, and excludes $10 million of costs related to the CAS divestiture

LTM Net Sales as of 3/31/2014by Segment - $2,259 Million

Announced agreement to sell Chemtura AgroSolutions on 4/17/14

(1) See GAAP reconciliation in appendix for components of Adjusted EBITDA(2) Chart and percentages exclude corporate segment and other expenses(3) Excludes $10 million of costs for the divestiture of Chemtura AgroSolutions

Focus on delivering continuous growth in all our business segments

2014 REVENUE GROWTH TARGET OF 8%-10% and EBITDA GROWTH OF 20%-30%

BUSINESS SEGMENTS

Chemtura AgroSolutions (CAS)

Industrial Performance Products: Petroleum Additives


Differentiated performance products sold predominantly into transportation, energy, and specialty industrial segments

Petroleum Additives – Global manufacturer and marketer of high-performance base-stocks, additive components, finished synthetic lubricants, and specialty greases

Key Products Key End-Use Applications

Inhibitor and detergent additives

Synthetic high viscosity PAO and POEbase-stocks

Synthetic lubricants, hydraulic fluids and greases

Automotive and industrial engine and gear oils

Marine and industrial greases

Aviation and power generation turbine and compressor fluids

Home, commercial, and industrial refrigeration compressor lubricants

Key Performance Drivers: Product portfolio addressing sophisticated market

performance needs

Global customer portfolio and partnership network

Business excellence, penetration, and collaborative market-driven innovation

Global manufacturing footprint and connected organization

Key Growth Drivers: Globalization, industrialization and sustainability driving

needs in critical applications

Regulations driving fuel efficiency and emissions reduction combined with performance durability in transportation

Increased regulatory requirements

Capacity Expansion and Regional Growth Nantong, China – First phase of plant, grease production,

completed and commercial sales commenced Q4 2013. Second phase, synthetic fluids, to commence production in late third quarter of 2014

Ankerweg, The Netherlands – First High Viscosity PAO (“HVPAO”) facility outside of North America. Products are going are being qualified and expect to begin commercial production in the 3rd quarter of 2014

BUSINESS SEGMENTS

Industrial Performance Products: Urethanes


Differentiated performance products sold predominantly into mining, consumer and specialty industrial segments

Urethanes - Leading global supplier of a broad range of high-performance conventional and low-free monomer cast urethane pre-polymers, thermoplastic polyurethanes, custom curatives, and urethane chemicals

Key Products Key End-Use Applications

Branded Hot cast urethane pre-polymers and curatives

TPU and water-based PUDs

Polyester polyols

Polyurethanes Dispersion

Oil & gas extraction, mining, steel processing equipment

Electronic semiconductor polishing pads

Consumer, recreational, and sporting goods

Key Performance Drivers: Industry leader in hot cast elastomers

Customer loyalty via superior Technical Sales and Service (TSS)

Strong IP (Duracast) for innovative solutions

Global manufacturing footprint

Key Growth Drivers:

Safer technologies: Duracast, Mercury-free Quasi system

Custom products across a broad range of specialty industrial, consumer, military applications

Capacity Expansion and Regional Growth Nantong, China – production for Urethanes will be the last

phase of the multi-purpose facility

BUSINESS SEGMENTS

Industrial Engineered Products: Great Lakes Solutions


Diversified bromine intermediates used in electronic components and enclosures, insulation foams, energy and industrial applications

Great Lakes Solutions - Global leader in bromine, bromine intermediates, and flame retardant products and solutions used in electronic component and enclosure applications, insulation foams, and in a variety of industrial, energy and consumer products

Key Performance Drivers: Access to high value, scarce natural resource (Bromine)

Regulatory demands for greener innovation

Industry diversification

Recognized brands and portfolio

Strong alignment with global megatrends

Key Growth Drivers: Flame retardants for energy efficient thermal insulation

Products to control mercury emissions from coal-fired power stations

Increased global fire safety standards

Clear Brine Fluids & Fine Chemicals growth in fast growing regions

Recovery in electronics

Capacity Expansion and Regional Growth El Dorado, Arkansas - Emerald InnovationTM flame

retardant product line expansion

BUSINESS SEGMENTS

Key Products Key End-Use Markets

Flame Retardants: Emerald InnovationTM 1000 Emerald InnovationTM 3000 Firemaster® Series

Electrical & Electronics: Printed Wiring Boards, Connectors, Enclosures

Building & Construction: Insulation Foams, Furniture Foams

Brominated Performance Products: Clear Brine Fluids GeoBrom® Series Bromine & Bromine Derivatives Fumigants

Oil & Gas Mercury Control Pharmaceuticals Agriculture Transportation

Industrial Engineered Products: Organometallics


Differentiated performance products used in polymer production, thin-film solar energy, LEDs and semiconductors, and fine chemicals

Organometallics - Develops, manufactures and markets specialty organometallic products used as polymerization catalysts components and the synthesis of fine chemicals and pharmaceuticals as well as metal organic vapor chemical deposition agents

Key Performance Drivers: Backward integration to TriMethyl Aluminum (TMA)

Global distribution capability

Full MVOD product portfolio for LED applications with commercial Korean production

Key Growth Drivers: High performance Metal Organic Vapor Chemical

Deposition (MOVCD) growth in LED, semiconductors and other optoelectronic products

Industrial growth through MAO single site catalysts

Capacity Expansion and Regional Growth Hyeongok, South Korea – Purchased remaining equity

interest in DayStar Materials LLC Joint Venture in 2013 to facilitate our high purity capability for LED lighting precursors and other optoelectronic products

Bergkamen, Germany – Commercial production expansion of single site catalyst activator MAO operational and increasingly utilized. Expansion of feedstock supply for MAO and LED precursors close to completion

BUSINESS SEGMENTS

Key Products Key End-Use Markets

Organometallics: Axion® Series:

– Axion CoCatalysts

– Aluminoxane Activators

– External Stereomodifiers

– Axion DEZ

– Axion Reagents

Metal Organic Vapor Chemical Deposition Agents

Polymerization catalyst components

Synthetic Rubber

LED and Semiconductors

Pharma and Fine Chemical Synthesis

Thin-Film Solar Energy

Financial Summary

Annual Historical Financials

Segment Adjusted EBITDA Trend

Pro Forma Capitalization

Chemtura Investment Highlights

Financial Summary

Annual historical financials as of March 31, 2014

Adjusted EBITDA(1)(2)Net Sales

Capital Expenditures Adjusted EBITDA less CapEx

( $ in Millions ) ( $ in Millions )


(1) See GAAP reconciliation in appendix for components of Adjusted EBITDA(2) Excludes $6 million in 2013 and $10 million in LTM 2014 of costs related to the exploration of a divestiture of Chemtura AgroSolutions

$1,914

$2,184 $2,196 $2,231 $2,259

$1,600

$1,800

$2,000

$2,200

$2,400

2010 2011 2012 2013 LTM 2014

$105

$142 $137 $157

$135

$0

$50

$100

$150

$200

2010 2011 2012 2013 LTM 2014

$193

$285 $313

$281 $274 10.1%

13.0%14.3%

12.6%12.1%

$0

$100

$200

$300

$400

2010 2011 2012 2013 LTM 2014

$88

$143

$176

$124 $139

$0

$50

$100

$150

$200

2010 2011 2012 2013 LTM 2014

FINANCIAL SUMMARY 16HOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE – MAY 22, 2014

Segment Adjusted EBITDA Trend

The path to expanded Adjusted EBITDA1 margins

$134 $145 $129 $140 $142

16.0% 15.4% 14.5% 14.3% 14.4%

2010 2011 2012 2013 LTM 2014

$107

$173 $185

$99 $75

14.6%

19.9% 20.6%

12.3%9.2%

2010 2011 2012 2013 LTM 2014

Industrial Performance Products

1 See GAAP reconciliation in appendix for components of Adjusted EBITDA

$ in millions and % of Net Sales – as of March 31, 2014

Industrial Engineered Products

Margin expansion led by revenue growth and application of business excellence, will drive segment towards our financial goals

Growth will come initially from existing products and applications for both lubricant additives and synthetic base stocks

Growth will be supplemented by product and application innovation over time

New plants in The Netherlands and China as well as existing capacity will support this growth

Proven ability to meet our strategic and financial performance goals

Demand from electronics and insulation foam applications was soft in 2013, but modest improvement expected in 2014

Customers steadily switching from HBCD to Emerald InnovationTM 3000

Near term will benefit from cost reduction and capacity management actions taken

Revenue growth from mercury control, MOCVD, MAO, bromine and oil and gas applications

17HOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE – MAY 22, 2014 FINANCIAL SUMMARY

Capitalization

Capitalization

On May 8, 2014, the Board increased the share repurchase program authorization by $100 million to $391 million

As of May 7, 2014 we repurchased approximately 10 million shares of our common stock for approximately $193 million under the program

The announced agreement to sell Chemtura AgroSolutions for approximately $1 billion is expected to close in the second half. We continue to expect to return the net after-tax sale proceeds to shareholders having first repaid enough debt to maintain our total debt to Adjusted EBITDA ratio at the level it was prior to the divestiture

As the year progresses, we expect higher operating earnings, lower working capital requirements (due to the divestiture of Chemtura AgroSolutions) as well as reduced cash outflows related to capital expenditures, pension contributions and interest expense to improve the company’s free cash flow profile and further strengthen our balance sheet


(1) LTM Adjusted EBITDA includes $10 million of costs for the divestiture of Chemtura AgroSolutions . See GAAP reconciliation in Appendix for components of Adjusted EBITDA(2) Total Net Leverage is defined as Net Debt/Adjusted EBITDA

FINANCIAL SUMMARY

March 31, 2014($ in Millions)

Cash $361

$450 Million 5.75% Senior Notes due 2021 $450

$295 Million Senior Secured Term Loan due 2016 $206

$455 Million 7 7/8% Senior Notes due 2018 $100

Other Debt $39

Total Debt $795

Credit Statistics March 31, 2014($ in Millions)

2014 LTM Adjusted EBITDA(1) $264

2014 LTM Cash Interest Expense $56

Debt/2014 LTM Adjusted EBITDA 3.0X

2014 LTM Adjusted EBITDA / Cash Interest Expense 4.7X

Total Net Leverage 1.6X

Chemtura Investment Highlights


Portfolio Actions:

Simplified portfolio and divesting three business for cumulative proceeds of $1.5 billion

Completed the sales of the Consumer Products and the Antioxidant businesses in 2013

The sale of Chemtura AgroSolutions is opportunistic but consistent with our value creation strategy. This transaction will transform Chemtura into a ‘pure play’ industrial specialty chemicals company while returning value to shareholders

Chemtura Going Forward:

A sharper, more focused, specialty chemicals company `

Leading positions in portfolio of global specialty chemicals businesses serving diverse end-markets

Driving growth and differentiation through product and application innovation

Regulatory Requirements

Continued expansion in faster growing regions

Emphasis on continuous improvement

Experienced management team

Delivering value through a more focused, simplified and strengthened portfolio

FINANCIAL SUMMARY

Appendix 2014 Modeling Assumptions

Quarterly Historical Financials

GAAP Reconciliation

GAAP Reconciliation - Segments

2014 Modeling Assumptions

To Assist In Modeling – May Be Subject To Change

21HOULIHAN LOKEY 9TH ANNUAL GLOBAL INDUSTRIALS CONFERENCE – MAY 22, 2014 APPENDIX

Depreciation & Amortization $105-$115 million (Managed Basis)

Capital Expenditure $110-$120 million

Stock Based Compensation – (expense) $14 million

Pension & OPEB – (income) $2 million

Pension & OPEB – (cash) $40-$60 million

Interest – (expense and cash) $42-$46 million

Environmental Remediation – (cash) $20 million

Taxes – (cash) $25-$35 million

Shares Outstanding (Diluted) 98 million1

(1) Amount represents estimated weighted average Diluted Shares Outstanding and does not include share repurchases made after Q1 2014.

Quarterly Financial Summary

Quarterly historical financials as of March 31, 2014

51

65

47

1423

49

24 23

34

$0

$20

$40

$60

$80

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

Adjusted EBITDA(1)Net Sales

Capital Expenditures(2) Adjusted EBITDA less CapEx



(1) See GAAP reconciliation for components of Adjusted EBITDA(2) Excludes capital expenditures for the Antioxidants and Consumer Products businesses, which are now reported as discontinued operations

28 2732

5045

34 3543

23

$0

$10

$20

$30

$40

$50

$60

$70

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

534583 546 533 528

590 569 544 556

$0

$200

$400

$600

$800

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

2012

7992

7963 68

8359 65 57

15% 16% 14%

12%13% 14%

10%

12%10%

$0

$50

$100

$150

$200

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

2013 2014 2012 2013 2014

2012 2013 2014 2012 2013 2014


GAAP Reconciliation

Reconciliation of Net Earnings (Loss) to Adjusted EBITDA


NOTE: Adjusted LTM EBITDA includes $10 million of costs related to the sale of Chemtura AgroSolutions

LTM($ in Millions) 2014 2013 2012 2011

Net Earnings (Loss) from continuing operations 6$ (22)$ 103$ 68$ Depreciation and amortization 103 101 100 103 Interest expense 56 60 64 63 Loss on extinguishment of debt 50 50 1 -Income tax expense (benefit) 14 18 26 17 Facility closures, severance and related cost 30 42 11 3 Environmental reserves - 21 - -Gain on sale of businesses - - - (27) UK pension benefit matter (2) (2) - 8 Changes in estimates related to expected allowable claims - - 1 3 Reorganization Items, net 1 1 5 19 Non cash stock-based compensation 12 13 22 24 Impairment charges - - - 4 Other income, net (9) (9) (20) (1) Other Operating Adjustments 3 2 - 1

Adjusted EBITDA 264$ 275$ 313$ 285$

Year Ended December 31,

GAAP Reconciliation - Segments

Reconciliation of Segment Operating Income to Adjusted EBITDA


LTM($ in Millions) 2014 2013 2012 2011INDUSTRIAL PERFORMANCE PRODUCTSSegment Operating Income 107$ 109$ 102$ 116$ Depreciation and amortization 32 28 25 26 Stock-based compensation expense 1 1 2 2 Other Operating Adjustments 2 2 - 1 Adjusted EBITDA 142 140 129 145

INDUSTRIAL ENGINEERED PRODUCTSSegment Operating Income 31$ 55$ 140$ 130$ Depreciation and amortization 42 43 43 42 Stock-based compensation expense 1 1 2 2 Other Operating Adjustments 1 - - (1) Adjusted EBITDA 75 99 185 173

CHEMTURA AGROSOLUTIONSSegment Operating Income 97$ 88$ 65$ 30$ Depreciation and amortization 12 12 13 10 Stock-based compensation expense 1 1 1 2 Adjusted EBITDA 110 101 79 42

Year Ended

Visit us at: www.chemtura.com

INVESTOR RELATIONS TEAM:

Dalip Puri, VP, Investor Relations and Treasurer

Margaret Ferrer, Director, Investor Relations

Daniel Murray, Senior Investor Relations Analyst

Investor Relations Tel: 1.203.573.2153

http://investor.chemtura.com

NYSE/EURONEXT: CHMT

VISIT US: www.chemtura.com

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