Owens Corning emphasizes the long-term corporate strategy for growth and new financial goals on the 2025 investor day

• Guide the creation of long -term value by the OC Advantage ™: Use of unique skills in three market -leading companies and secular trends, whereby growth is produced

Toledo, Ohio, May 14, 2025. At the event, the management team of leadership emphasized the company's ability to promote growth and value creation through its updated corporate strategy and to present financial goals by 2028.

In addition, the Owens Corning Board of Directors approved a share buyback permit for up to 12 million shares in the company's ordinary shares. This approval takes place in addition to the previously announced share buyback program, in which around 5.7 million shares are available for the buyback on March 31, 2025.

“Our team has delivered the TSR performance in the quartile in the past five years and reflected our strong and consistent performance, the durability of our income and the disciplined execution of our capital allocation strategy,” said Chairman and Chief Executive Officer Brian Chambers. “Our renewed corporate strategy uses the market-leading positions of our three companies and the unique skills of the OC Advantage ™ to achieve sales growth, more resistant margins and the considerable cash flow. The new Owens-Corning are well positioned with the strategic options and structural improvements that we have made.

The new Owens Corning: Outperforming built

The company's renewed corporate strategy focuses on three priorities:

• Strengthen market -leading positions

• Use of the corporate scale and skills

• Expansion of the product range into existing companies

The support of this framework is unique operating functions that enable Owens Corning to win and value customers. The OC Advantage ™ includes that of the company:

Three market -leading companies

Due to the first -class execution of the OC Advantage ™ Playbooks, the company's three market -leading companies are positioned in order to comply with the corporate strategy and the long -term financial obligations. The management of the business segment detailed Margin performance goals until 2028 during the event.

Roof expansion: The roof segment increased its long-term adjusted EBITDA margin guidelines to 30% and used its market-leading position, the proven contractor engagement model and the high-quality brand roof system to advance the demand.

Insulation: The insulation segment increased its long-term adjusted EBITDA margin leader to 24%, supported by structural cost improvements, growing markets and a flexible and efficient production network.

Doors: The door segment, which was adopted by Owens Corning in 2024, confirmed its long-term guide and expects the adapted EBITDA margin to 18% in the next one to three years, whereby the visibility lines of 20% or more in combination with sales synergies and improved market conditions in combination of sales synergies and improved market conditions are increased. The improvement of the business is primarily driven by cost synergies that have been increased to $ 200 million.

Strong -generate motor, which drives disciplined capital allocation

The Executive Vice President and Chief Financial Officer Todd Fister said: “The new Owens Corning should exaggerate. With several ways to maintain our strong financial performance, we will help our customers to create a significant value of shareholders.

Since 2019, Owens Corning has returned more than 3.6 billion US dollars to the shareholders by increasing more than 26% of the company's outstanding shares and consistently increasing, including the company's quarterly dividend in the past three years.

2028 financial goals

Owens Corning introduced the following several years of financial goals until 2028, which maintained its high margins and at the same time achieved sales growth:

• 12.5 billion US dollar sales by 2028 compared to 2024 per -Forma sales of 10.6 billion US dollars*

• Pre-adjusted EBITDA margin in mid-20 percent

• Middle of the teenager plus percentage capital return

• 5.5 billion US dollars of cumulative free cash flow from 2025 to 2028, with 2 billion US dollars being returned by the end of 2026

Investor Day webcast resolution access

A repetition of the 2025 investor Day webcast 2025 and copy of the film presentation can be found on the Owens Corning 2025 Investor Day website and the company's Investor Relations website.

*2024 Records per forma of the doors, excluded glass reinforcements and construction products in China and Korea

About Owens Corning

Owens Corning is a manager for construction products that is committed to building a sustainable future through material innovation. Our products offer permanent, sustainable and energy -efficient solutions that use our unique skills and market -leading positions to gain and grow our customers. We are worldwide to the world with more than 25,000 employees in 31 countries, which are devoted to the creation of value for our customers and shareholders and make a difference in the communities in which we work and live. Owens Corning was founded in 1938 and a sale of 11.0 billion US dollars in Toledo, Ohio, USA. For more information, see www.owenscorning.com.

Looking -looking statements

In this press release, statements that do not report financial results or other historical information are “future-oriented statements” in the sense of the private securities procedure reform law of 1995. For future-oriented explanations result in current expectations or forecasts of future events. These statements can be identified by words such as “anticipated”, “committed”, “expectations” and variations of negative such terms or deviations. Future -oriented statements of nature address matters that are unsure to different degrees. All of these future -oriented statements are based on current plans, estimates, expectations and ambitions, the risks, uncertainties, assumptions and other factors are subject to the control of Owens Corning, which can lead to the factual results differ significantly from the statements projected in such future -oriented results. These risks, uncertainties, assumptions and other factors include without restriction: level of activities in residential and commercial or industrial building; Demand for our products; Industry and economic conditions, including, but not limited to disturbances in the supply chain, re -essionary conditions, inflation pressure and volatility of the interest and financial markets; Additional changes to customs, trade or investment policy or laws of the United States or similar measures, including mutual measures, through foreign governments; Availability and costs for energy and raw materials; Competition and price factors; Relationships with important customers and customer concentration in certain areas; our ability to achieve expected synergies, cost reductions and/or productivity improvements; Problems related to acquisitions, sales and joint ventures or expansions; Our ability to sell the expected conditions on the expected conditions and within the expected period or at all, which depends on the ability of the parties to meet certain final conditions, depend at all. Climate change, weather conditions and storm activity; Legislation and related regulations or interpretations in the United States or elsewhere; Domestic and international economic and political conditions, politics or other state measures as well as war and civilian disorder; non -insured losses or larger production disorders, including those made from natural disasters, disasters, pandemics, theft or sabotage; Environmental, product-related or other legal and regulatory liabilities, procedures or measures; Research and development activities and protection of intellectual property; Problems relating to the implementation and protection of information technology systems; Foreign and raw material price fluctuations; Our debt; our liquidity and availability and credit costs; the fixed costs required for the management of our business; Will to goods or other non -durable intangible assets; Loss of important employees and workers or defects; Financing obligations for performance plan; And factors that are detailed from time to time in the submissions of the company's security and Exchange Commission. The information in this press release will speak from May 14, 2025 and can change. The company assumes no obligation to update or revise future -oriented explanations, provided that this is necessary according to the federal securities laws. Any distribution of this press release according to this date is not intended and should not be interpreted as an update or confirmation of such information.

Owens Corning Company News / Owens Corning Investor Relations News

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