DuPont de Nemours Inc

NOTE 22 -SUBSEQUENT EVENTS

Donatelle Plastics Acquisition

On July 28, 2024, DuPont completed the acquisition of Donatelle Plastics, LLC and certain related real estate (together, "Donatelle Plastics"), for cash payments of approximately $313 million, net of cash acquired (the "Donatelle Plastics Acquisition"). Donatelle Plastics is a medical device company specializing in the design, development and manufacture of medical components and devices. Additional cash payments may be owed in connection with earn out arrangements. The parties have agreed to make adjustments as needed based on actual working capital, cash and debt acquired as well as certain expenses, among other items. Donatelle Plastics is being integrated into Industrial Solutions within the Electronics & Industrial segment.

The Company will apply the acquisition method of accounting in accordance with ASC 805, “Business Combinations,” to the Donatelle Plastics Acquisition which requires that the Donatelle Plastics assets acquired and liabilities assumed, including earn out arrangements, be recognized on the Company’s balance sheet at their respective fair values as of the acquisition date. The Company expects to complete the preliminary purchase price allocation for the business combination during the third quarter of 2024. Due to the timing of the acquisition, as of the date of issuance of these interim Consolidated Financial Statements, the Company is not yet able to provide the amounts recognized as of the acquisition date for major classes of Donatelle Plastics assets acquired and liabilities assumed.