Element Solutions Inc 2025年度报告

OURBRANDS Reliably meeting customer needs is essential to our continued growth. We sustainably expand ourbusiness by delivering superior technical process solutions and providing exceptional specializedservice. This customer orientation permeates all levels of our organization from product developmentto supply chain and logistics. Our focus on global consistency and quality differentiates our serviceand product offerings and helps our customers win year after year. THE PILLARS OFOUR STRATEGY As a results-orientated company focused on innovation and service, our strategic pillars guide ourbehavior and priorities towards long-term success and continuous high performance. COMMERCIAL EXCELLENCE: BEST-IN-CLASS SERVICE: WON VIVO MOBILE’SEXCELLENT QUALITY AWARDIN 2025 AND THEBEST DELIVERY AWARDFOR THESIXTH CONSECUTIVE YEAR, UNDERSCORING THE COMPANY’S CONSISTENTLY HIGH ON-TIME DELIVERYPERFORMANCE, RAPID ORDER CONFIRMATION AND RESPONSE SPEED, AND A RESILIENT SUPPLY MODELSUPPORTED BY DIVERSIFIED PRODUCTION AND CAPACITY LAYOUTS. LONGSTANDING PARTNERSHIP: RECOGNIZED WITH THE2025 SUPPLIER AWARDBY SYRMA SGS, ONE OF INDIA’S LARGEST ELECTRONICSMANUFACTURING SERVICES PROVIDERS, FOR IMPACTFUL INNOVATION THAT OPTIMIZED PRODUCTIONPROCESSES AND OPERATIONAL EFFICIENCY ACROSS ITS NATIONWIDE OPERATIONS. THE AWARD RECOGNIZESA COLLABORATION AND PARTNERSHIP THAT SPANS MORE THAN 20 YEARS WITH RECENT CONTRIBUTIONSIN INTRODUCING AN ALTERNATIVE PORTFOLIO OF SOLDER ALLOYS, ALONGSIDE A LARGE-SCALE TRAININGPROGRAM ACROSS ALL SYRMA SGS SITES. LEADING TECHNOLOGY ENABLEMENT: OURNOVAFABFINE GRAIN COPPER PRODUCT FOR SEMICONDUCTOR CUSTOMERS WAS RECOGNIZED BYINDUSTRY PUBLICATION3D INCITESWITH THE2025 TECHNOLOGY ENABLEMENT AWARD. ENGINEERED FORVARIOUS WAFER-LEVEL PACKAGING APPLICATIONS, THIS PRODUCT EXCELS IN HYBRID BONDING AND ENABLESCONTROLLED GRAIN GROWTH DURING ANNEALING, ENSURING THE FORMATION OF DEFECT-FREE BONDS,SIGNIFICANTLY ENHANCING QUALITY AND RELIABILITY FOR APPLICATIONS REQUIRING HIGH-DENSITYINTERCONNECTS WITH ADVANCED MECHANICAL AND ELECTRICAL DEMANDS. THE ELEMENTS OFOUR CULTURE Our employees embody the 5Cs of our culture in their interactions withcustomers, colleagues and other counterparties to drive sustainablefinancial performance and create a rewarding environment. CHALLENGE COLLABORATE CARE WE ESTABLISH AMBITIOUS GOALS,TAKE CALCULATED RISKS, MAINTAIN HIGHSTANDARDS AND SEEK TO EXCEED EXPECTATIONS. WE VALUE TEAMWORK, WITH OUR CUSTOMERS ANDOUR COLLEAGUES, IN PURSUIT OF EXCELLENCEAND IMPROVEMENT IN EVERYTHING WE DO. WE CARE ABOUT OUR CUSTOMERS, OURCOLLEAGUES, OUR ENVIRONMENT ANDOUR PLACE IN THE WORLD AT LARGE. LETTER FROM THEEXECUTIVE CHAIRMAN DEAR FELLOW SHAREHOLDERS, In 2013, I launched the vehicle that is now Element Solutions with greathope and ambition. Fulfilling both has been a deeply rewarding journey forme and the team involved. And today it continues, with that same hope andambition being joined by an excellent track record and strong momentum. the company. He has deep relationships with our management team andintimately understands this business, its challenges and opportunities. Heis a natural next Chairman. In short, I expect nothing to change as I come off the Board—and that isa good thing, because the company has never been better. This year’sAnnual Report highlights strong organic growth, record earnings, continuedinvestment in long-term growth opportunities and smart acquisitions. Theoutlook for the business is strong and continues its positive trajectory. Iknow new heights are ahead and I look forward to remaining a supportiveshareholder and advisor as this journey continues. We have built a world-class business with exceptional people, including anindustry leading management team. We are positioned in outstandingmarkets, growing nicely and deploying capital productively. At thisjuncture, after more than 12 years serving as Element Solutions’ Chairman,I have decided not to seek re-nomination to the Board of Directors. I haveabsolute faith in this management team and in my fellow directors tosteward the Company’s future. As always, we appreciate your support. I intend to remain an enthusiastic, substantial shareholder as well as acounselor to our CEO, Ben Gliklich, and his leadership team. Havingpartnered with Ben for more than 12 years, I have the utmost confidence inhis ability to lead Element Solutions forward with vigor and thoughtfulness. Sir Martin E. Franklin Ian Ashken, who has been elected by our Board to succeed me asChairman, is a 35-year trusted partner of mine and a founding director of CHOOSE WE EMPOWER OUR EMPLOYEES TO MAKE CHOICES AND TAKE CALCULATED RISKS; WE CHOOSETO HIRE, RECOGNIZE AND REWARD PEOPLE WHO DEMONSTRATE GOOD JUDGMENT ANDCHOOSE TO HAVE GOOD ATTITUDES AND STRONG WORK ETHICS. WE CELEBRATEOUR 2025 CHAIRMAN’SAWARD WINNERS: Our people embody the 5Cs of our culture, stepping up to challenges,demonstrating commitment, working together across borders and busi-nes