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1©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Financial Results for the Six Months ended June 30, FY2026 August 4, 2026
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2©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Financial Results for the Six Months ended June 30, FY2026 p. 4 1. Highlights of the Financial Results p. 5 2. Status of Segments p. 12 Outlook for FY2026 p. 19 Progress on the Growth Strategy p. 30 Appendix p. 41 Contents
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3©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Key Points of 2Q FY2026 Results (cumulative) and FY2026 Outlook Financial Results for 2Q FY2026 (cumulative) ◼ Year-on-year, net sales increased by 105.1billion JPY and operating profit rose by 10.6billion JPY. ⚫ Net sales increased due to a favorable effect from foreign exchange, increased shipments in Essential Chemicals in Southeast Asia, Integrated Chemicals and Electronic Materials, and a positive effect of pricing policies in Integrated Chemicals and Architectural Glass in Europe. ⚫ Operating profit benefited not only from the above-mentioned net sales growth factors, but also from improved profitability in Life Science. Outlook for FY2026 ◼ Full-year outlook remains unchanged. ◼ The impact from the Middle East developments is expected to remain limited.
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4©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Financial Results for the Six Months ended June 30, FY2026
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5©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow 1. Highlights of the Financial Results
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6©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow FY2025 FY2026 1-2Q Total 1-2Q Total 9,955 11,006 + 1,051 540 647 + 106 338 603 + 266 139 355 + 216 FOREX (Average) 1USD JPY 148.6 JPY 158.2 1EUR JPY 162.2 JPY 184.5 Crude oil (Dubai, Average) USD/BBL 71.93 91.20 Profit before tax Profit for the period Attributable to owners of the parent Change Net sales Operating profit * FOREX impact was +679, Change in the scope of consolidation was -16 * Highlights of the Financial Results for 2Q FY2026 (cumulative) （100 million JPY） Main factors in the change Net sales increase factors ◼ Impact of yen depreciation ◼ Higher shipments in Essential Chemicals in Southeast Asia, Integrated Chemicals and Electronic Materials ◼ Pricing policies effect in Integrated Chemicals and Architectural Glass in Europe Net sales decrease factors ◼ Lower shipments in Architectural Glass in Europe & Americas In addition to the above-mentioned factors, Profit increase factors ◼ Profitability improvement in Life Science Profit decrease factors ◼ Higher manufacturing costs In addition to the above-mentioned factors, Profit increase factors ◼ Foreign exchange gains ◼ Disappearance of recognition of impairment losses (Biopharmaceuticals CDMO) Profit decrease factors ◼ Increase in expenses for restructuring programs
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7©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) Net sales Operating profit Net sales Operating profit Architectural Glass 2,108 32 2,293 88 + 185 + 55 Automotive 2,557 151 2,803 133 + 246 - 18 Electronics 1,681 244 1,744 187 + 62 - 57 Chemicals 2,859 225 3,320 282 + 462 + 56 Life Science 635 - 119 723 - 61 + 88 + 59 Ceramics/Other 280 6 243 15 - 37 + 9 Elimination - 166 0 - 120 2 + 46 + 2 Total 9,955 540 11,006 647 + 1,051 + 106 Net sales Operating profit FY2025 FY2026 Change 1-2Q Total 1-2Q Total (a) (b) (b)-(a) YoY Performance Comparison by Business Segment
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8©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow 10.6 billion JPY up from last year Variance Analysis on OP (1-2Q FY2026 vs 1-2Q FY2025) （100 million JPY）
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9©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) 2025/12/31 2026/6/30 Change Cash and cash equivalents 947 876 - 71 Inventories 4,654 4,959 + 304 Property, plant and equipment, Goodwill and Intangible assets 17,604 17,662 + 58 Other assets 6,296 6,567 + 271 Total assets 29,501 30,063 + 562 Interest-bearing debt 6,465 6,732 + 267 Other liabilities 5,719 5,759 + 41 Liabilities 12,184 12,491 + 307 Total equity attributable to owners of the parent 14,851 15,283 + 432 Non-controlling interests 2,466 2,289 - 177 Equity 17,317 17,572 + 255 Total liabilities and equity 29,501 30,063 + 562 D/E ratio 0.37 0.38 Property, plant and equipment, Goodwill and Intangible assets Consolidated Statement of Financial Position Foreign exchange fluctuation +256 Foreign exchange fluctuation +329
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10©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) FY2025 FY2026 1-2Q Total 1-2Q Total Profit before tax 338 603 Depreciation and amortization 882 978 Increase(decrease) in working capital 26 - 402 Others - 74 - 131 Cash flows from operating activities 1,171 1,049 Cash flows from investing activities - 877 - 948 Free cash flows 294 101 Changes in interest-bearing debt - 57 274 Dividends paid - 223 - 223 Others - 58 - 260 Cash flows from financing activities - 338 - 209 - 31 37 - 75 - 71Net increase(decrease) in cash and cash equivalents Effect of exchange rate changes on cash and cash equivalents etc. Consolidated Statement of Cash Flow Dividends Paid to Non-Controlling Interests -266
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11©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow FY2025 FY2026 1-2Q Total 1-2Q Total Depreciation 882 978 Architectural Glass 127 144 Automotive 157 163 Electronics 246 263 Chemicals 271 326 Life Science 74 73 Ceramics/Other 8 8 Elimination - 1 - 1 Architectural Glass (100 million JPY) FY2025 FY2026 1-2Q Total 1-2Q Total R&D 285 288 FY2025 FY2026 1-2Q Total 1-2Q Total CAPEX 969 901 Architectural Glass 139 156 Automotive 154 162 Electronics 185 264 Chemicals 386 208 Life Science 90 109 Ceramics/Other 15 19 Elimination - 0 - 16 Architectural Glass CAPEX, Depreciation and R&D FY2026 Main projects for CAPEX ◼ Repairment for architectural glass furnace (Architectural Glass) ◼ Capacity enhancement for Electronic Materials (Electronics) ◼ Capacity enhancement for Biopharmaceuticals CDMO (Life Science) etc.
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12©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow 2. Status of Segments
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13©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Sub-segment ratio to the operating profit (before common expense allocation) FY2025 FY2026 1-2Q Total 1-2Q Total Net sales 2,108 2,293 + 185 Asia 707 712 + 5 Europe & Americas 1,387 1,574 + 186 (Inter-segment) 14 8 - 6 Operating profit 32 88 + 55 (100 million JPY) Change Net sales ◼ Positive impact of yen depreciation was seen. ◼ Asia: Shipments decreased in Japan, but increased in Southeast Asia. Sales prices declined in Southeast Asia. ◼ Europe & Americas: Pricing policies in Europe had a positive effect, although shipments declined. Operating profit ◼ Increased due to the above-mentioned positive factors. Architectural Glass Segment * FOREX impact: +211, Change in the Scope of Consolidation: No impact Variance Analysis on OP （100 million JPY） Asia Europe & Americas * 90% FY2025 1-2Q FY2026 1-2Q 10 % 40% 60%
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14©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow FY2025 FY2026 1-2Q Total 1-2Q Total Net sales 2,557 2,803 + 246 Automotive 2,556 2,802 + 246 (Inter-segment) 1 1 - 0 Operating profit 151 133 - 18 (100 million JPY) Change Automotive Segment Variance Analysis on OP （100 million JPY） * FOREX impact: +185, Change in the Scope of Consolidation: No impact Net sales ◼ Positive impact of yen depreciation was seen. ◼ Limited Impact from Lower vehicle exports to the Middle East. ◼ Increased sales volumes in Japan, Europe, and North America and a favorable product mix. Operating profit ◼ Manufacturing costs increased in Europe & the U.S. despite the above-mentioned positive factors. *
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15©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow FY2025 FY2026 1-2Q Total 1-2Q Total Net sales 1,681 1,744 + 62 Display 901 900 - 0 Electronic Materials 772 831 + 59 (Inter-segment) 9 12 + 3 Operating profit 244 187 - 57 (100 million JPY) Change Sub-segment ratio to the operating profit (before common expense allocation) Electronics Segment Variance Analysis on OP Electronic Materials Display （100 million JPY） * FOREX impact: +32, Change in the Scope of Consolidation: No impact Net sales ◼ Display: Sales prices for LCD glass substrates increased, while shipments of specialty glass for displays declined due to the planned business exit. ◼ Electronic Materials: Shipments of EUV mask blanks are in recovery trend, other semiconductor-related materials and optoelectronics materials increased. Yen depreciation also contributed. Operating profit ◼ Manufacturing costs deteriorated despite the above-mentioned positive factors. ◼ In Display, yen depreciation had a negative impact. 40% 60% 30% 70% FY2025 1-2Q FY2026 1-2Q *
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16©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow FY2025 FY2026 1-2Q Total 1-2Q Total Net sales 2,859 3,320 + 462 Integrated Chemicals 1,458 1,656 + 198 Essential Chemicals - SEA 1,379 1,656 + 277 (Inter-segment) 22 8 - 14 Operating profit 225 282 + 56 (100 million JPY) Change Sub-segment ratio to the operating profit (before common expense allocation) Chemicals Segment Variance Analysis on OP （100 million JPY） Integrated Chemicals Essential Chemicals - SEA * FOREX impact: +185, Change in the Scope of Consolidation: -14 Net sales ◼ Positive impact of yen depreciation was seen. ◼ Integrated Chemicals: Sales prices increased, and shipments of products for semiconductor and other electronics applications rose. ◼ Essential Chemicals – SEA: Shipments increased thanks to capacity expansion in Thailand. Operating profit ◼ Despite higher raw material and fuel prices, the above-mentioned positive factors contributed. * 80%70% 30% FY2025 1-2Q FY2026 1-2Q 20%
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17©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow FY2025 FY2026 1-2Q Total 1-2Q Total Net sales 635 723 + 88 Life Science 617 712 + 95 (Inter-segment) 18 11 - 7 Operating profit -119 -61 + 59 (100 million JPY) Change Net sales ◼ Positive impact of yen depreciation was seen. ◼ Although net sales of Small Molecule Pharmaceuticals and Agrochemicals CDMO decreased, growth in contract orders contributed to net sales increase of Biopharmaceuticals CDMO. Operating profit ◼ Fixed cost reduction including the closure of the Biopharmaceuticals CDMO Colorado sites. ◼ Contract orders and productivity at Biopharmaceuticals CDMO Copenhagen site showed improvement. Life Science Segment Variance Analysis on OP 0 （100 million JPY） * FOREX impact: +63, Change in the Scope of Consolidation: No impact *
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18©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY)Performance Trend of Strategic Businesses ◼ Cover glass for car-mounted displays ◼ High value-added products for CASE Mobility ◼ Semiconductor-related products ◼ Optoelectronic materials ◼ Next-generation high-speed communication materials Electronics ◼ High performance products for various industries (Electronics, Energy, Mobility, etc.) Performance Chemicals Main products & businesses ◼ Small molecule pharmaceuticals and agrochemicals CDMO ◼ Biopharmaceuticals CDMO Life Science 2Q YTD ◼ Overall net sales and operating profit improved YoY with increased sales in all strategic businesses. ◼ Improvement in operating profit was driven by Performance Chemicals growth and Life Science improvement. Performance Contribution of Strategic Businesses Operating profit Net sales FY2025 FY2026 2Q YTD
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19©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Outlook for FY2026
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20©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Impact of Middle East Developments ◼ 2Q： Possible risks and countermeasures Fuels/Raw materials Sufficient supplies have been secured for the time being; procurement efforts continue. Prices increased from late Q1 and remained at elevated levels. Sales volumes Production adjustments were conducted in chemical products but the impact was limited. Sales prices Ongoing price adjustments, mainly in Architectural Glass and Chemicals. ◼ Diversify procurement sources ◼ Reduce costs ◼ Optimize pricingCountermeasures ◼ Adjust production levels appropriately Procurement: Price: Maintained stable supply by securing the necessary fuels and raw materials with diversified procurement sources. Implemented price adjustments to offset rising costs of crude oil, natural gas and other raw materials. The impact on full-year earnings is expected to be limited. Measures to ensure stable supply will be implemented. ◼ From 3Q onward：
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21©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Essential Chemicals – SEA Update ◼ The facilities in Thailand, expanded to meet steadily growing demand in Southeast Asia, began full-scale operations in 2026. ◼ Impact from the Middle East situation ⚫ Raw materials supplies were secured and operations remained largely stable. ⚫ Impact on the caustic soda market was minimal. ⚫ PVC-ethylene spread improved in the second quarter. ◼ We aim to improve profitability through a sales strategy that leverages the advantages of regional production. Southeast Asia Caustic Soda and PVC Market Caustic Soda PVC spread 2023 Q2 2023 Q4 2024 Q2 2024 Q4 2025 Q2 2025 Q4 2026 Q2
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22©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) 20,588 22,000 （First half） 9,955 11,066 1,275 1,500 （First half） 540 647 1,248 1,240 Dividend (JPY/share) 210 210 Operating profit margin 6.2% 6.8% ROE 4.7% 5.2% FOREX (Average) 1 USD JPY 149.7 JPY 155.0 1 EUR JPY 169.0 JPY 180.0 Crude oil (Dubai, Average) USD/BBL 69.4 100.0 Profit for the year attributable to owners of the parent FY2026e Net sales Operating profit FY2025 770692 Profit before tax ◼ No change to the full-year outlook. *ROE of FY2026e is calculated using the figures of Total equity attributable to owners of the parent as of Dec. 31, 2025 *The crude oil price assumption has been changed from 70 USD/BBL to 100 USD/BBL Outlook for FY2026 *
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23©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) Net sales Operating profit Net sales Operating profit Net sales Operating profit 4,411 173 4,800 200 + 389 + 27 5,206 293 5,100 320 - 106 + 27 3,551 475 3,600 450 + 49 - 25 5,842 530 6,800 560 + 958 + 30 1,331 - 223 1,600 - 50 + 269 + 173 Ceramics/Other 599 26 600 20 + 1 - 6 Elimination - 351 1 - 500 0 - 149 - 1 20,588 1,275 22,000 1,500 + 1,412 + 225 FY2025 (a) Change (b)-(a)FY2026e (b) Life Science Total Architectural Glass Automotive Electronics Chemicals Operating profit Operating profit Operating profit Outlook Breakdown by Segment (Net Sales and Operating Profit) ◼ No change to the full-year outlook by segment.
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24©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Architectural Glass Automotive Outlook for FY2026 Asia ◼ Robust performance will continue in South America. ◼ Recovery in shipments is expected to be limited due to the weak economy in Europe. ◼ Implement upward price adjustments and cost control measures. Europe & Americas ◼ Shipments are expected to increase due to seasonal factors. In Japan, renovation demand for energy-saving glass is expected to grow. ◼ Continue to work on pricing adjustments and productivity improvement. ◼ Shipments are expected to decrease due to seasonal factors. ◼ Continue product mix and productivity improvements. Outlook for FY2026 by Business Segment (1)
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25©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Chemicals Outlook for FY2026 ◼ Higher shipments of products for electronics application. Integrated Chemicals ◼ Demand remains solid, and shipments are expected to increase as the expanded facility ramps up operations. Essential Chemicals - SEA Electronics Display Electronic Materials ◼ Shipments of semiconductor-related materials including EUV mask blanks are expected to increase. ◼ Shipments of optoelectronic materials are expected to increase due to seasonal demand in the smartphone market. ◼ Shipments of LCD glass substrates are expected to decrease slightly. ◼ Continue earnings improvement measures. Outlook for FY2026 by Business Segment (2)
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26©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Life Science Outlook for FY2026 ◼ Net sales of Small Molecule Pharmaceuticals and Agrochemicals CDMO are expected to increase, which is partly driven by launch of an expanded facility. ◼ Biopharmaceuticals CDMO are expected to increase sales and improve productivity. Outlook for FY2026 by Business Segment (3)
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27©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Operating profit Net sales ◼ No change from the outlook announced in February 2026. (100 Million JPY)Performance Trend of Strategic Businesses Sales and Operating Profit Outlook of Strategic Businesses Shipments are expected to increase.Mobility Shipments of semiconductor-related materials including EUV mask blanks are expected to increase. Electronics Shipments of products for electronics application are expected to increase. Performance Chemicals In addition to increased contract projects of Biopharmaceuticals CDMO, an expanded facility of Small Molecule Pharmaceuticals and Agrochemicals CDMO will start operation. Life Science
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28©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) FY2025 FY2026e R&D 603 620 FY2025 FY2026e Depreciation 1,798 1,830 Architectural Glass 262 260 Automotive 318 290 Electronics 496 480 Chemicals 554 640 Life Science 153 140 Ceramics/Other 17 20 Elimination - 1 0 Architectural Glass FY2025 FY2026e CAPEX 2,513 1,900 Architectural Glass 331 270 Automotive 431 330 Electronics 529 470 Chemicals 902 480 Life Science 281 330 Ceramics/Other 39 20 Elimination - 0 0 Architectural Glass Outlook of CAPEX, Depreciation and R&D (From materials released in February 2026) ◼ Large-scale capacity expansions were completed by 2025, reducing CAPEX in 2026. ◼ Repairment for architectural glass furnace (Architectural Glass) ◼ Capacity expansion for glass processing line (Automotive) ◼ Repairment for display glass furnace (Electronics) FY2025 Main projects for CAPEX ◼ Capacity enhancement for Electronic Materials (Electronics) ◼ Capacity enhancement for high performance products (Chemicals) ◼ Capacity enhancement for Biopharmaceuticals CDMO (Life Science) etc.
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29©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Shareholder Return Policy (From materials released in February 2026) ◼ Stable dividend with a target DOE* of approx. 3% ◼ The dividend per share for 2026 will be maintained at the 2025 level. ◼ From 2027, we will consider reviewing our shareholder returns policy in line with business recovery. Consolidated total return ratio 38% ー 145% ー 64% 58% Consolidated payout ratio 38% ー 69% ー 64% 58% Dividend on equity ratio (DOE) 3.8% 3.4% 3.2% 3.1% 3.0% 3.0% Maintain stable dividends with a consolidated dividend payout ratio of 40%, flexibly conduct share buyback Shareholder return policy Special dividend Year-end dividend Interim dividend Dividend Per Share（JPY） FY2021 FY2022 FY2023 FY2024 FY2025 FY2026e Share buyback (100 million JPY） ー ー 500 ー ー TBD Maintain stable dividends with a target of DOE of approx. 3%, share buyback will be judged comprehensively * Ratio of dividends attributable to owners of parent company
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30©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Progress on the Growth Strategy August 4, 2026
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31©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Direction of the Business Portfolio Transformation ◼ Since 2016, we have been transforming our portfolio through the growth of Strategic Businesses. ⚫ Life Science: Focusing on stable production and contract order expansion in biopharmaceutical CDMO (Mammalian cell). ⚫ Electronics and Performance Chemicals: Semiconductor-related businesses are driving growth. ◼ Steadily strengthening our management foundation to support future growth and transformation. FY2030eFY2026eFY2025FY2020FY2015 Net Sales Operating Profit Business Portfolio Evolution* Strategic BusinessesCore Businesses *The size of each circle represents the amount of Net sales and Operating Profit relative to FY2015 (=1). 59 % 41% 46 % 54% 35 % 65% 53 % 47% 1 3 % 87% 24 % 76% 22 % 78% 25 % 75%
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32©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Status of ROCE by Business ◼ Electronics and Integrated Chemicals continues to grow. ◼ Automotive, Architectural Glass, and Display are moving from recovery phase to resilience phase. ◼ Essential Chemicals - SEA and Life Science continue efforts to recover. *1 ROCE = FY 2025 operating profit / Capital employed at the year-end; operating profit for each business is before allocation o f common expenses *2 Excluding specialty glass for displays FY2025 ROCE*¹ and Size of Capital Employed by Business (Before common expense allocation) Electronics AutomotiveIntegrated Chemicals Architectural Glass Essential Chemicals – SEA Display*2 Life Science ROCE10% （equivalent to ROE 8%） Operating Asset Scale Growth Transitioning from Recovery to Resilience Recovering
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33©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Product lineup by semiconductor manufacturing process ◼ We provide diverse products for semiconductor manufacturing, achieving a high market share. ◼ Going forward, we will also focus on packaging materials, a growth area. Back-end process (packaging) and beyondWafer manufacturing to front-end process (circuit formation) SiC fixtures Electronics Performance Chemicals Lens materials for lithography equipment Fluoropolymer and fluoroelastomer for semiconductor manufacturing equipment components CMP slurry Semiconductor-related Products EUV mask blanks Anti-reflection coating material Carrier glass for packaging Release film Wafer inspection Polishing and electrodes Etching and Ion implantation LithographyResist coating Oxidation and Thin Film Wafer manufacturing Final inspectionMoldingBondingDicing Gas materials for etching and cleaning Raw material for pellicle ◼ Tube ◼ Valve ◼ Seal Ring ◼ Wafer Carrier ◼ Fittings and nuts ◼ Filter *1 TGV: Through Glass Vias *2 RCC: Resin Coated Copper Lens materials for lithography equipment Semiconductor process products Semiconductor manufacturing equipment products Packaging Materials Silica for sealing materials Optical waveguide RCC*2 TGV*1 Low dielectric under fill Low dielectric fluoropolymer resin CCL Build-up film Under development Under development Thermal medium Post-CMP Cleaner Under development Under development Under development Under development Growth
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34©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Semiconductor-Related Investments (Electronics) ◼ Timely capacity expansion investments are made to meet growing demand for materials used in advanced semiconductors for AI and data centers. Shipments of EUV lithography equipment*1（units） More than 2x 20–50% Capacity Expansion to be made Mass Production to Begin in 2028 Lens materials for lithography equipment EUV Mask Blanks CMP Slurry Applications i-Line KrF ArF EUV Circuit Cross Section Different lithography technologies are used to form circuit patterns with different line widths, even in advanced semiconductors. Illustration of a semiconductor device cross section Ceria slurry market*2（million USD） CAGR 2025-2030 Approx. 10% *1 Source: estimated based on ASML materials and data from research companies; cumulative. *2 Estimated by AGC based on data from research company materials. Growth Automobiles PC・Tablets・ Smartphones AI Data Centers Layers Up to ~Approx.100
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35©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Semiconductor-Related Businesses Sales Trend ◼ Aim to double our 2025 revenues by 2030, leveraging AGC’s full capabilities. ◼ Existing products will continue to drive growth. ◼ Focus as well on development and launch of new products, including packaging materials. Semiconductor-related businesses sales trend （100 million JPY） FY2020 FY2025 FY2030e Semiconductor related products in Performance Chemicals Semiconductor related products in Electronics 0 approx.500 Double approx.1,000 Growth
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36©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Automotive and display Maintain ROCE above 10% and drive further improvement. Pricing policy Continued pursuit of appropriate price level1 Structural Reform Thoroughly improve productivity, including introduction of high-efficiency equipment. 2 Higher Functionality and High Added Value Increase ratio of high value-added products in line with CASE expansion, etc 3 Earnings Improvement Measures Earnings Improvement Measures Structural Reform Productivity improvement by focus on large-sized display panel glass substrates 1 Pricing Policy Continued pursuit of appropriate price level2 Strengthen Competitiveness through Technological Innovation Expand sales of competitive new products 3 Automotive Display Transitioning from Recovery to Resilience ROCE 10% ROCE 10% Target ROCE of 10% despite yen depreciation impact
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37©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Essential Chemicals - SEA ◼ Stable long-term earnings base supported by strong Southeast Asian demand ◼ Improving profitability by leveraging stable supply capabilities and a strong logistics network *AGC estimate based on market data Caustic Soda and PVC Demand in Southeast Asia* PVC demandCaustic soda demand 2025-2030 CAGR approx. 4% 2025-2030 CAGR approx. 4% Capitalize on the renewed recognition of the value of stable supply amid supply chain disruptions caused by geopolitical instability in the Middle East ◼ Capture growing demand in Southeast Asia ⚫ Increase regional sales to reduce sales costs and expand margins ⚫ Improve profitability by leveraging proximity to customers and a regional sales and logistics network ◼ Secure competitive raw materials ⚫ Ensure a stable regional ethylene supply and diverse procurement sources including US products Strategy Recovering Index as 2025=100 Index as 2025=100
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38©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Life Science ◼ Maintaining firm performance and quality for microbial, cell and gene therapy and small molecule pharmaceuticals and agrochemicals ◼ As for mammalian, cost reduction and production stabilization progressing as planned ◼ Targeting a return to profitability in 2027, continuing efforts to expand contracts intake Sales Breakdown by Modality (FY2025) Small Molecule Pharmaceuticals and Agrochemicals CDMO Mammalian Biopharmaceuticals CDMO Small Molecule Pharmaceuticals and Agrochemical s Cell and Gene T herapy Microbial Initiatives for Mammalian Cost Reduction ◼ Closure of US Colorado sites and headcount reduction completed ◼ Divestiture process ongoing Production stabilization Leveraging production technology of the AGC group and utilization of digital technology and AI Contracts Intake Expansion Sales and marketing enhancement Sales and Operating Profit Outlook (100 million JPY) Operating ProfitNet Sales 0 Small Molecule Pharmaceuticals and Agrochemicals CDMO Biopharmaceuticals CDMO Recovering
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39©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Life Science AGC Biologics Yokohama Site ◼ Construction of the AGC Biologics Yokohama Site is progressing on schedule ◼ GMP*-compliant services scheduled to start in 2027 ◼ A long-term manufacturing agreement signed with a leading global biopharmaceutical company ◼ Chosen as a strategic partner with recognition to strong equipment and technical capability *GMP (Good Manufacturing Practice): A quality standard for pharmaceutical manufacturing that ensures product quality and safet y through comprehensive control of processes from raw material receipt to production and final product release Recovering Image of the Yokohama Site
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40©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow ROCE Improvement Measures ◼ Targeting Group-wide ROCE of 10% (equivalent to ROE of 8%) through profit improvement and optimization of operating assets across all businesses Measures to Improve Operating Profit Optimization of Operating Assets Disciplined Capital Investment Inventory Reduction Business Divestitures and Withdrawals Pricing Initiatives Enhancement of Value-Added Products Cost Reduction (Stable Operations and Productivity Improvements) Timely capacity expansion investments will be made in line with demand growth for advanced semiconductor-related products serving the AI and data center markets.
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41©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Appendix
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42©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Sensitivity to FOREX / Market Impacts (From materials released in February 2026) Impact on Operating Profit Crude oil Chemicals market 260 million JPY* loss if per barrel price increased by 1 dollar Caustic soda 500 million JPY* gain if yen depreciated by 1% *Impact when all currencies fluctuate at the same proportion against JPY *excluding impact of oil hedging *PVC spread: PVC market – (ethylene market×0.5) PVC spread 1 2 $1.3 million gain if the International market risen by $1 $1.7 million gain* if increased by $1 Exchange rate
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43©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Assumptions for Major Economies and Markets in 2026 (From materials released in February 2026, impact of Middle East Developments excluded) ◼ While some markets continue to face challenging conditions, the global economy is growing at a moderate pace Economies and Markets Assumptions for 2026 Businesses Particularly Affected Global Economy Moderate growth is underpinned by expanding AI-related investments and easing financial conditions All businesses（＋－） European Economy Economic stagnation continues Architectural Glass and Automotive（－） Chinese Economy Economic stagnation continues Essential Chemicals - SEA（－） US Economy Economic continues to be strong Electronics（＋） Automobile Market Demand growth for high-functional products continues despite weaker automobile production Automotive（＋－） Caustic Soda and PVC Market Caustic soda and PVC prices in Southeast Asia remain low Essential Chemicals - SEA（－） Semiconductor Market Semiconductor market grows driven by AI-related demand Electronics and Performance Chemicals（＋） Smartphone Market Demand growth for high-functional products continues while smartphone production remains flat Electronics（＋） TV Market Demand growth for larger-size TV screen continues while TV sales volume remains flat Display（＋） Biopharmaceuticals CDMO Market On a gradual recovery track Life Science（＋）
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44©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Variance Analysis on OP (2Q FY2026 vs 1Q FY2026) 12.3 billion JPY down from last quarter （100 million JPY）
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45©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) FY2025 FY2026 1-2Q Total 1-2Q Total 9,955 11,006 + 1,051 Japan & Asia 6,241 6,789 + 549 Americas 1,193 1,305 + 112 Europe 2,521 2,912 + 391 540 647 + 106 Japan & Asia 805 839 + 34 Americas - 30 14 + 45 Europe 19 81 + 62 - 253 - 287 - 34 Operating profit Change Cross-regional common expenses Net sales Cross-regional common expenses YoY Performance Comparison by Regional Segments FOREX impact +679 Change in the scope of consolidation -16
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46©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) Japan& Asia Americas Europe Inter-segment Total 2Q FY2026 367 79 722 5 1,173 2Q FY2025 361 70 632 4 1,068 2Q FY2026 665 319 441 0 1,426 2Q FY2025 623 281 364 0 1,269 2Q FY2026 720 111 3 7 841 2Q FY2025 702 106 2 5 815 2Q FY2026 1,562 114 67 4 1,748 2Q FY2025 1,232 87 89 10 1,417 2Q FY2026 73 43 247 4 366 2Q FY2025 81 47 189 8 325 2Q FY2026 93 0 - 41 133 2Q FY2025 91 - - 55 146 2Q FY2026 - - - - 61 - 61 2Q FY2025 - - - - 82 - 82 2Q FY2026 3,480 666 1,481 - 5,626 2Q FY2025 3,090 592 1,277 - 4,959 Automotive Architectural Glass Elimination Total Chemicals Life Science Ceramics/Other Electronics YoY Net Sales Comparison by Regional Segment
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47©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) Japan& Asia Americas Europe Inter-segment Total 1-2Q FY2026 712 145 1,429 8 2,293 1-2Q FY2025 707 144 1,243 14 2,108 1-2Q FY2026 1,329 622 851 1 2,803 1-2Q FY2025 1,270 559 726 1 2,557 1-2Q FY2026 1,496 230 6 12 1,744 1-2Q FY2025 1,428 239 5 9 1,681 1-2Q FY2026 2,943 227 143 8 3,320 1-2Q FY2025 2,510 173 155 22 2,859 1-2Q FY2026 147 81 484 11 723 1-2Q FY2025 147 78 392 18 635 1-2Q FY2026 163 0 - 81 243 1-2Q FY2025 178 - - 102 280 1-2Q FY2026 - - - - 120 - 120 1-2Q FY2025 - - - - 166 - 166 1-2Q FY2026 6,789 1,305 2,912 - 11,006 1-2Q FY2025 6,241 1,193 2,521 - 9,955 Architectural Glass Automotive Elimination Total Electronics Chemicals Life Science Ceramics/Other YoY Net Sales Comparison by Regional Segment (cumulative)
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48©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Architectural Glass 1Q FY2025 2Q FY2025 3Q FY2025 4Q FY2025 1Q FY2026 2Q FY2026 Net sales 1,040 1,068 1,100 1,203 1,120 1,173 Asia 346 361 390 438 345 367 Europe & Americas 685 703 705 761 773 801 (Inter-Segment) 10 4 5 4 2 5 Operating profit - 9 42 68 72 47 41 Automotive 1Q FY2025 2Q FY2025 3Q FY2025 4Q FY2025 1Q FY2026 2Q FY2026 Net sales 1,287 1,269 1,299 1,350 1,376 1,426 Automotive 1,287 1,269 1,299 1,349 1,376 1,426 (Inter-Segment) 1 0 1 1 1 0 Operating profit 77 74 83 59 86 47 Electronics 1Q FY2025 2Q FY2025 3Q FY2025 4Q FY2025 1Q FY2026 2Q FY2026 Net sales 867 815 915 954 903 841 Display 458 443 461 485 469 432 Electronic Materials 405 367 450 463 429 402 (Inter-Segment) 4 5 4 5 5 7 Operating profit 140 104 116 115 123 64 Performance by Business Segment (1) （100 million JPY） *1 Aggregation method revised from the Q1 disclosure. ＊1 ＊1
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49©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Chemicals 1Q FY2025 2Q FY2025 3Q FY2025 4Q FY2025 1Q FY2026 2Q FY2026 Net sales 1,441 1,417 1,455 1,529 1,572 1,748 Integrated Chemicals 717 741 750 812 784 872 Essential Chemicals - SEA 712 666 695 701 784 872 (Inter-Segment) 12 10 9 16 4 4 Operating profit 111 115 171 134 152 129 Life Science 1Q FY2025 2Q FY2025 3Q FY2025 4Q FY2025 1Q FY2026 2Q FY2026 Net sales 310 325 326 369 356 366 Life Science 300 317 324 353 349 363 (Inter-Segment) 10 8 2 16 7 4 Operating profit - 62 - 58 - 43 - 60 - 33 - 27 Total 1Q FY2025 2Q FY2025 3Q FY2025 4Q FY2025 1Q FY2026 2Q FY2026 Net sales 4,996 4,959 5,167 5,467 5,380 5,626 Operating profit 258 282 408 326 385 262 Performance by Business Segment (2) （100 million JPY）
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50©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow (100 million JPY) Net sales Operating profit Net sales Operating profit Net sales Operating profit 2,293 88 4,800 200 48% 44% 2,803 133 5,100 320 55% 42% 1,744 187 3,600 450 48% 42% 3,320 282 6,800 560 49% 50% 723 - 61 1,600 - 50 45% - Ceramics/Other 243 15 600 20 41% 75% Elimination - 120 2 - 500 0 24% - 11,006 647 22,000 1,500 50% 43% Electronics Chemicals Life Science Total Architectural Glass Automotive FY2026 FY2026e (b) Progress (a)/(b)1-2Q Total (a) Progress of performance by segment
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51©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Market Trend Trend of shipment and price 1Q 2Q 3Q 4Q 1Q 2Q YoY comparision Architectural Japan & Asia shipment -mid single-digit -mid single-digit flat +low 10% range +low 10% range +high single-digit （AGC） price -mid single-digit -high single-digit -mid 10% range -low 10% range -low 10% range -mid single-digit Europe*3 shipment +mid single-digit -low 10% range -low single-digit -low single-digit -high single-digit -mid single-digit price -high single-digit +mid 20% range +high 30% range +high 30% range +low 30% range +mid single-digit Japan volume +12% +2% -3% -2% +3% +3% North America volume -5% -4% +5% -1% -1% -1% Europe*3 volume -6% -0% +4% +1% -0% -5% Electronics Display panel demand*2 Global area +10% -3% +7% +5% +0% +3% *1 Source ： S&P global data as of July 2, 2026. *2 Source： Omdia-Display Long-Term Demand Forecast Tracker – 2Q26 Pivot, July 2026 Results are not an endorsement of AGC Inc. Any reliance on these results is at the third-party’s own risk. *3 Excluding Eastern Europe 20262025 Glass Automobile production*1
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52©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow * EBITDA=Operating profit + Depreciation ROCE and EBITDA by Business Segment （100 million JPY） FY2024 FY2025 FY2024 FY2025 FY2024 FY2025 FY2024 FY2025 164 173 413 435 5.5% 5.2% 3,000 3,300 139 293 464 611 4.2% 8.5% 3,350 3,450 545 475 1,076 971 9.2% 8.2% 5,950 5,800 568 530 1,102 1,084 7.8% 7.0% 7,250 7,600 - 212 - 223 - 55 - 70 - 10.1% - 9.3% 2,100 2,400 51 26 69 43 25.6% 10.4% 200 250 4 1 2 - 1 - - - - 1,258 1,275 3,071 3,073 5.8% 5.6% 21,850 22,800 Operating profit EBITDA* ROCE Operating assets Total Architectural Glass Automotive Chemicals Life Science Electronics Ceramics/Others Elimination
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53©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow *1 Profit for the year attributable to owners of the parent/Total equity attributable to owners of the parent (average) *2 Operating profit/Total assets (average) *3 EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) = Operating profit + Depreciation IFRS 21/12 22/12 23/12 24/12 25/12 Net sales Million JPY 1,697,383 2,035,874 2,019,254 2,067,603 2,058,832 Operating profit Million JPY 206,168 183,942 128,779 125,835 127,465 OP margin % 12.1 9.0 6.4 6.1 6.2 Profit for the year attributable to owners of the parent Million JPY 123,840 ▲ 3,152 65,798 ▲ 94,042 69,162 Return on equity (ROE) *1 % 10.2 ▲ 0.2 4.6 ▲ 6.5 4.7 Return on assets (ROA) *2 % 7.9 6.7 4.5 4.3 4.4 Equity ratio % 49 49 49 50 50 D/E (Interest-bearing debts/Net assets) Times 0.41 0.41 0.42 0.39 0.37 Interest-bearing debt/EBITDA*3 Times 1.6 1.8 2.3 2.1 2.1 CF from Operating Activities/Interest-bearing debt Times 0.54 0.33 0.31 0.44 0.43 Earnings per share (EPS) JPY 559.11 ▲ 14.22 304.73 ▲ 443.71 326.20 Cash dividends per share JPY/year 210 210 210 210 210 Dividend on equity (DOE) % 3.8 3.4 3.2 3.1 3.0 Exchange rates (average) JPY/USD 109.80 131.43 140.56 151.58 149.71 JPY/EUR 129.89 138.04 152.00 163.95 169.00 For other financial indicators, please see here. https://www.agc.com/ir/pdf/data_all.pdf Financial Index
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54©AGC Inc. Automotive Life Science Electronics Chemicals Architectural Glass Ceramics & Others Electronics Life Science Performance ChemicalsMobility 【Color settings】 Pick up from the colors below with an eyedropper. Primary color Secondary color 【General purpose】 【Accent】 Segment Strategic business * ”Ceramics & Others” letter colors are dark blue in Primary color. ←Text color for white or light background color Highorder of precedence in selectionLow Disclaimer: ◼ This material is solely for information purposes and should not be construed as a solicitation. Although this material (including the financial projections) has been prepared using information we currently believe reliable, AGC Inc. does not take responsibility for any errors and omissions pertaining to the inherent risks and uncertainties of the material presented. ◼ We ask that you exercise your own judgment in assessing this material. AGC Inc. is not responsible for any losses that may arise from investment decisions based on the forecasts and other numerical targets contained herein. ◼ Copyright AGC Inc. No duplication or distribution without prior consent of AGC Inc.