CLAYTON, Mo., Dec. 12, 2024 ~ New York City, NY - Olin Corporation (NYSE: OLN) is set to host its annual Investor Day today at 9:00am (ET) in New York City. The event, which is expected to last approximately three hours, will be available for live viewing on the company's website, https://www.olin.com. A replay of the event will also be made available within 24 hours.

Led by President and CEO Ken Lane, the Executive Leadership Team will provide updates on Olin's core businesses, long-term value creation strategy, and financial targets during the event. The presentation will include both formal presentations and a Q&A session.

"We are thrilled to share with the investment community our progress in our core businesses and our plans for future growth through self-help initiatives and low-capital projects," said Lane. "Our focus remains on safely delivering essential materials to our customers while also providing higher returns to our shareholders through our strong market positions, value-driven commercial approach, and disciplined capital allocation framework."

In addition to these updates, Olin also announced that its Board of Directors has authorized a new share repurchase program - the 2024 Share Repurchase Program - increasing its authorization to $2.0 billion. This decision reflects the Board's confidence in Olin's potential for earnings and cash flow generation.

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Under this new program, which was approved by the Board of Directors, shares of Olin's common stock may be repurchased periodically through open market or privately negotiated transactions. The timing and amount of shares repurchased will be determined at management's discretion based on various factors such as market conditions and business considerations.

It is important to note that this new program does not have a time limit and does not obligate the company to acquire any specific amount of shares.

As of September 30th, 2024, Olin had remaining authorization to repurchase approximately $0.7 billion under its existing stock repurchase plan, the 2022 Share Repurchase Program, which was approved in July 2022. The authorization remaining under this program is not affected by the new 2024 Share Repurchase Program.

Olin Corporation is a global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. Their product portfolio includes chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. They also produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartridges, and clay targets through their subsidiary Winchester.

For more information on Olin Corporation and their products, visit www.olin.com.

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