In March 2025, Tronox announced that it has informed its Netherlands' labor force that it proposes to idle its 90,000 metric ton per year TiO2 plant in the Netherlands indefinitely, as a result of a strategic review it undertook of the Company's global asset footprint. The Company believes this decision will optimize its global production footprint and improve its capacity utilizations. Approximately 240 employees will be impacted by the action. As a result of this decision, the Company expects to record total restructuring and other related charges of approximately $160-180 million, $65-75 million of which is expected to be related to non-cash items, arising from idling site operations which is currently expected to be completed in the first half of 2026.


	Three Months Ended June 30,		Six Months Ended June 30,
	2025		2025
Severance and employee benefits	$	9	$	17
Idling activities	24		30
Asset retirement obligation adjustments	—		11
Contract abandonment and other charges	—		7
Total cash charges	33		65
Asset disposal charges	9		62
Other non-cash charges	—		1
Total non-cash charges	9		63
Total restructuring and other charges	$	42	$	128

For the three and six months ended June 30, 2025, Tronox incurred $33 million and $65 million of cash charges, respectively. For the three and six months ended June 30, 2025, these charges included $9 million and $17 million in severance and employee separation benefits charges, respectively, $24 million and $30 million for activities associated with idling site operations, respectively, nil and $11 million associated with asset retirement obligation adjustments, respectively, and nil and

$7 million of contract early termination charges, respectively. Tronox expects to incur incremental expenses associated with these items through the first half of 2026 as severance and employee benefit obligations become due, site idling activities occur and contracts are terminated.

In addition, the Company has recorded a non-cash charge of $9 million and $63 million during the three and six months ended June 30, 2025, respectively, primarily associated with asset write-downs and accelerated depreciation associated with assets which are not redeployable to other locations of the Company. Assets at the site will continue to be evaluated for redeployment to other locations throughout the idling process which could result in changes to the amount of asset write-downs and accelerated depreciation.

The following table shows a rollforward of restructuring and other charges reserves that will result in cash spending. These amounts exclude asset retirement obligations, which is included in "Asset retirement obligations" on the Condensed Consolidated Balance Sheet: