September 15, 2016  ANALYST MEETINGNew York City 

 Forward Looking Statements  AdvanSix Analyst Presentation – September 15, 2016  Statements in this presentation that are not strictly historical, including the expected separation date, statements regarding the Company's business and acquisition opportunities, anticipated revenue growth, anticipated operating margin expansion, anticipated cash flow, and anticipated earnings growth, and any other statements identified by their use of words like “anticipate,” “estimates,” “projects,” “intends,” “plans,” “expect,” “believe,” “outlook,” “guidance,” or “will” or other words of similar meaning are "forward-looking" statements within the meaning of the federal securities laws. There are a number of important factors that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include, without limitation, general economic and financial conditions; growth rates and cyclicality of the industries we serve; international sales and operations; currency exchange rates and currency devaluation; compliance with U.S. and foreign regulations by operations outside the United States; attracting and retaining key personnel; access to and pricing of raw materials; competition from producers of competitive and substitute products; the provision of services by third parties at several facilities; the ability to obtain additional capital on favorable terms; the ability to evaluate acquisitions and strategic investments; natural disasters, such as hurricanes, winter or tropical storms, earthquakes, floods, fires or other unanticipated problems such as labor difficulties, equipment failure, the hazards associated with chemical manufacturing or unscheduled maintenance and repair; protection of intellectual property and proprietary information; government policies, approvals and regulations, including, but not limited to, those affecting the environment, trade, climate change, tax policies and the chemicals industry; and lawsuits arising out of environmental damage or personal injuries associated with chemical manufacturing.These, and other important factors that could cause actual results or events to differ materially from those expressed in forward-looking statements, are described or will be described in our filings with the U.S. Securities and Exchange Commission, including our Registration Statement on Form 10. Readers are cautioned not to place undue reliance on AdvanSix’s projections and forward-looking statements, which speak only as the date thereof. AdvanSix undertakes no obligation to publicly release any revision to the projections and forward-looking statements contained in this presentation, or to update them to reflect events or circumstances occurring after the date of this presentation.The financial data in this presentation have been derived from audited combined financial statements for each of the three years in the period ended December 31, 2015 and as of December 31, 2015 and December 31, 2014, included in AdvanSix’s Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission. The financial data from and as of prior and subsequent periods were derived from unaudited combined financial statements.Non-GAAP Financial MeasuresThis presentation includes certain non‐GAAP financial measures intended to supplement, not to act as substitutes for, comparable GAAP measures. Reconciliations of non‐GAAP financial measures to GAAP financial measures are provided in the appendix of the presentation. Investors are urged to consider carefully the comparable GAAP measures and the reconciliations to those measures provided. Non-GAAP measures in this presentation may be calculated in a way that is not comparable to similarly-titled measures reported by other companies.  2 

 Today’s Presenters And Agenda  3  Today’s Presenters  Erin Kane – Chief Executive Officer  Vice President and General Manager, Honeywell Resins and ChemicalsJoined Honeywell in 2002Previously led Chemical Intermediates business, among other senior roles in Performance Materials and Technologies (PMT)Bachelor’s degree in chemical engineering from Bucknell UniversitySix Sigma Black Belt certified  Michael Preston, CFA – Chief Financial Officer  Vice President, CFO, Honeywell UOPJoined Honeywell in 2001 as Manager of Investor RelationsPreviously served as Vice President of Business Analysis and Planning for Honeywell, CFO of PMT’s Fluorine Products business, and Director of Financial Planning and Analysis of PMTBachelor’s degree in finance from St. John’s University  Today’s Agenda  Welcome & Breakfast  Introducing AdvanSix  Investment Highlights  Product OverviewsNylonAmmonium SulfateChemical Intermediates  Financial Overview  Q&A Session  AdvanSix Analyst Presentation – September 15, 2016 

 Transaction OverviewTax-free pro rata distribution to Honeywell shareholders of AdvanSix, a new publicly-traded company  AdvanSix Analyst Presentation – September 15, 2016  Exchange • NYSETicker • ASIX (ASIX.WI)Distribution Ratio • 1 share of ASIX for every 25 shares of HONWhen-Issued Trading Commenced • September 14th, 2016Record Date • September 16th, 2016Distribution Date • October 1st, 2016Regular-Way Trading Begins • October 3rd, 2016Fiscal Year End • December 31st, 2016Note: Distribution remains subject to satisfaction or waiver of certain conditions. See AdvanSix Registration Statement on Form 10 for details. Note: Cash will be received in lieu of fractional shares. Cash received in lieu of fractional shares will be subject to Federal income tax.  4 

 Introducing AdvanSix  AdvanSix Analyst Presentation – September 15, 2016  5 

 Highlights  AdvanSix Analyst Presentation – September 15, 2016  Leading integrated Nylon 6 business with 60+ year historyVertical integration and cost-advantaged position, enabling 90%+plant utilization over the cycleStrong heritage of operational discipline and proven ability totransform businessReallocation of technology investment in last 2 years positions AdvanSix for enhanced organic growth and margin profileSpin-off provides flexibility to pursue growth strategies aligned toindustry dynamics  6 

 

 AdvanSix is a leading global producer of Nylon 6  AdvanSix At A Glance  Facilities and Employees  CustomersTop 10 customers span all product categoriesMost sales contracts have 1-2 year terms with standard renewal / notice provisionsCustomer relationships strong – average 18+ year relationships across top 10 customersPrimarily mitigate commodity price riskthrough formula price agreements  U.S.  Sulfate  Top 10  AllOthers  Direct Raw Material Spend  Cumene  Facility Size (Acres)  46  489  357  Employees  ~140 ~600  ~250  2015A Revenue BreakdownBy Product By Region  Latin America & Canada  Asia  EMEA  1Frankford, PA  2Hopewell, VA  3Chesterfield, VA  Product  Phenol,   Intermediates Amm. Sulfate   Caprolactam,  Nylon  Total Employees(2): ~1,300  7  Total Revenue: ~$1.3B  Security of direct materials through multiple supplier contracts  Pricing tracks key commodity inputs  Sulfur Natural  Gas  Other8%  ) Includes Resins and Caprolactam as discussed in Form 10Includes HQ Employees and Shared Sites  Key Inputs  45%  25%  30%  73%  13%     12%  73%  10%  8%  40%  AdvanSix Analyst Presentation – September 15, 2016  60% 

 

 Company History1884-1896 1916-1920 1925  8  1928-1947  1954  1955  1958  1990s  1998  2000  2004  2005 2007 2011 2013  2015- 2016  Caprolactam plant built at Hopewell via Raschig process, also adding Ammonium sulfate production  Chesterfield plant built and begins producing nylon with individual batch reactors  H.W. Jayne Company starts Frankford operationsas one of the earliest American producers of coal chemicals; becomes Barrett Mfg. Company in 1896  First synthetic sulfonation phenol plant constructed; Barrett Mfg. incorporated into Allied Chemical Corporation  Hopewell site purchased by Allied Chemical and Dye Corporation  Production of synthetic phenol by new cumene process initiated  Allied Chemical and Dye becomes Allied Chemical Corporation  Expansion of Chesterfield resin into films and packaging end uses  Frankford plant sold to Sunoco Chemicals  AlliedSignal becomes Honeywell International  Mid-grade Sulf-N® fertilizer launched  Frankford Plant purchased by Honeywell  New Aegis® resin grade launched into Wire & Cable applications  1961 1962  Pottsville operations commence and Nylon extrusion capabilities added  1967  Kellogg ammonia plant replaces original (1929) plant; 4th such Kellogg plant built in the U.S.  1960- 1970  Chesterfield plant expands capabilities to produce nylon for tire cord and carpet fibers  1970s  Chesterfield batch reactors converted to continuous trains  1980s  Carpet fiber quality improvement process developed; Anso-Nylon product introduced  1981- 1996  Flaker capacity added, 1st caprolactam sales to Asia  2014  2015  Continuous pilot line for fast cycle resin development brought online; launched EZ-Blox™ anti- skinning agent for paints  Ammonia plant built at Hopewell – world’s largest at its time; Became pioneer in synthetic Nitrogen fertilizers with Sodium nitrate, Ammonium nitrate, Ammonium sulfate offerings  Aegis® MBM dual terminated resin launched for carpets  Fibers & Polymers lab established in Colonial Heights  Pottsville biaxially-oriented Capran® films & blown nylon films introduced  R&D and Applications lab opened in Shanghai, China  Oct. 2016  New line at Chesterfield adds to Nylon 6 & copolymer capacity  Focused, Independent Company  Nylon Resins Center of Excellence established in Colonial Heights  AdvanSix Analyst Presentation – September 15, 2016 

 

 AdvanSix Leadership Team  Erin KaneCEO  Michael Preston, CFACFO  ~1,300 employees including 130 engineers & technologists and 25 sales membersSenior leaders with average of 20+ years of service  9  AdvanSix Analyst Presentation – September 15, 2016                                                      Hans Quitmeyer General Counsel  Hans Quitmeyer General Counsel    Jonathan Bellamy Human Resources  Jonathan Bellamy Human Resources    Kumud Goyal Marketing Director  Kumud Goyal Marketing Director    Charles Whitehead Senior Sales Director  Charles Whitehead Senior Sales Director    Paul Sanders Business Director Chemical Intermediates  Paul Sanders Business Director Chemical Intermediates    Matthew Capeci Business Director Caprolactam and Resins  Matthew Capeci Business Director Caprolactam and Resins    Mike Hamilton Business Director Ammonium Sulfate  Mike Hamilton Business Director Ammonium Sulfate    Ann Schoeb Technology Director  Ann Schoeb Technology Director    Dorene Billingsley ISC Director  Dorene Billingsley ISC Director 

 Portfolio OverviewLeading North American position across industries served  10  Source: Form 10, PCI Nylon, Profercy, CRU, IHS, AdvanSix Management Note: Reported Revenue as of December 31, 2015  AdvanSix Analyst Presentation – September 15, 2016    Nylon  Ammonium Sulfate  Chemical Intermediates  2015A Revenue  $598M  $338M  $393M  % of Total  ~45%  ~25%  ~30%  Description  Resin used to manufacture many products, including packaging plastics, textiles and carpetsNylon based films for food and industrial applicationsCaprolactam (CPL) key ingredient  Co-product of Caprolactam used for crop andlawn fertilizer  Co-products of Caprolactam and Phenol used in theproduction of many chemicals  End-Use Applications  Carpets • TextilesPlastics • OtherPackaging  Fertilizer  Paints / Coatings • AdhesivesConstruction Materials • OtherEngineered Resins  Market Size (Global)  ~$9B  ~$3.5B  ~$12B  Select Competitors  Chinese Entrants  MMA Producers Steel Mills Chinese Entrants    Select Key Customers       

 One of world’s largest single-site producers of Caprolactam and Ammonium Sulfate fertilizerCapacity: 795M lbs Caprolactam3.3B lbs Ammonium Sulfate600 KMT Ammonia  CPL  Second largest U.S. site for Nylon 6 productionResins in wide rangeof viscosities and specificationsCapacity: 450M lbs Nylon 6 Resin  NaturalGas  Phenol  Sulfur  Third largest producer of Phenol and Acetone in North AmericaAcquired in 2011 from SunocoCapacity: 1.1B lbs Phenol680M lbs Acetone  Cumene  Nylon Resin  Sulf-N® Ammonium Sulfate Fertilizer  Nadone® Cyclohexanone Naxol® Cyclohexanol  Flake & Molten Caprolactam  Aegis Nylon 6 Resins  ®  Phenol, Acetone, Alpha-Methylstyrene  Additional BOPA Film assets located in Pottsville, PA  Vertically Integrated Manufacturing SitesCompetitive advantage derived from significant scale, integration and diverse revenue streams  Frankford Plant  Hopewell Plant  Chesterfield Plant  11  AdvanSix Analyst Presentation – September 15, 2016 

 

 AdvanSix Chemistry  Key molecules in manufacturing process derived from benzeneAcetone key co-product from Phenol production; molecule derived from propylene Ammonium Sulfate key co-product from Caprolactam production; AdvanSix technology ~4:1  1  23  Nylon 6, a downstream petrochemical value chainFrankford Facility  Hopewell Facility  Chesterfield Facility  12  OH  Benzene  PropyleneCH3 CH2  Phenol  AmmoniaNH3  OleumSO3/H2SO4  3Ammonium Sulfate(NH4)2SO4  AcetoneOCH3 CH3  -Methyl styrene  (AMS) CH3  CH3 CH3  N H  O  O C  CH2 CH2CH2 CH2 CH2  H N  n  CH2  Nylon 6  Cumene  Natural Gas  Sulfur  +O2  +H2  1  2  1  O  Cyclohexanone  1  1  1  2  AdvanSix Analyst Presentation – September 15, 2016  Caprolactam 

 

 Rigorous Commitment To Operational Excellence  Drive HSE Performance By Reducing Our Risk Acceptance  Improve Operational Discipline Through Strong Accountability Process  Complete NOx Reduction Program In 2018 And Continue Our PSM Improvement Program  Sustain Disciplined Sales, Inventory,And Operations Planning (SIOP)  Drive Data Driven Process Improvements Using Statistical Process Control and Six Sigma  Incorporate Maintenance Excellence Into Management Operating Process  Strategic High Return Investments To Upgrade Production Capability  Improve Process Stability Through Buffer Capacity  Leverage Manufacturing Technology To Enable Step Change Performance In Output  Execute Accelerated Re-Investment– Compliance/Process Safety Projects  Mature Turnaround Management Process (5-10% Cost & Schedule Improvements)  Accelerate Reliability Control Plans To Continuously Reduce Risk  13  HSE  “Our Right to  Operate”  Flexible Assets “Improving Entitlement”  Focused MOS “Sustaining the  Benefits”  Strategic Ops  AdvanSix Analyst Presentation – September 15, 2016  “Building  Capabilities” 

 Strategic Initiatives To Drive Value  Technology driven growth complements strong productivity and operating cultureKey Initiatives  Operational Excellence  Drive High Value Product And Regional Mix  Continuous Enhancement Of R&D Capabilities  Upgrade Current ChemistryVia New Product Pipeline  Improved yield, rate and qualityNew copolymer applications / productsSales and marketing excellence  World class customer experiences  Distributor partnerships  Disciplined productivity programsContinued risk reduction andimproved safety culture  14  AdvanSix Analyst Presentation – September 15, 2016 

 Investment Highlights  AdvanSix Analyst Presentation – September 15, 2016  15 

 

 Investment Highlights  Leading Vertically Integrated Nylon 6 Producer  Sustainable Lowest Cost Position  Strong Relationships Driven By Dedicated Sales Teams  Global Reach  Diverse Revenue Sources  Continuous Investment In R&D And Technology  1  2  3  4  5  6  AdvanSix Analyst Presentation – September 15, 2016  16 

 

 Leading Vertically Integrated Nylon 6 Producer  At Frankford, Cumene is converted into Phenol, Acetone & Alpha- Methylstyrene  ~80% of Phenol produced at Frankford transported to Hopewell to produce Caprolactam, Phenol derivatives and Ammonium Sulfate  ~60% of the Caprolactam produced shipped to Chesterfield for conversion into Nylon 6 resin  AdvanSix  New Entrants  Multinationals  Players  Positive  Neutral  Negative  Asset / Production Flexibility  Asset configuration to enable diverse revenue sources  Lowest Variable Cost  Size, access to low cost raw materials, backward integration and high utilization rates  Regional Supply / Demand Dynamics  Degree of regional competition, reach to diverse end use applications  Logistics  Global logistics infrastructure to supportfeedstock, intraplant and commercial supply chain  Production of Key Feedstocks  Fully integrated into several key feedstocks  Vertical integration provides operating leverage and long-term sustainabilityFrankford Hopewell Chesterfield  Comment  Other Integrated  Standalone, Regional  17  1  AdvanSix Analyst Presentation – September 15, 2016 

 U.S. footprint provides access to world’s lowest cost natural gasAccess to high value end markets  Advantaged Location  Fully backward integrated into several key feedstock materials  One of world’s largest single-site producers of CaprolactamSignificant operating leverageScale purchasing leverage  Strong Ammonium Sulfate position optimizes Caprolactam costStrong Acetone position optimizes Phenol cost  Long-term contracts provide significant base loadDemand for high quality intermediates further maximizes utilization  Sustainable Lowest Cost Position  Vertical Integration  Industry- Leading Scale  Net Back Optimization  HighUtilization  Global Caprolactam Supply / Cost LandscapeGlobal Demand OvercapacityLowest $ / MT cost within the industry  AdvanSix  ROW  China  18  Source: PCI, Tecnon OrbiChem, AdvanSix Management  2  Capacity  AdvanSix Analyst Presentation – September 15, 2016 

 

 Customer  Product  Relationship Length (yrs.)  Customer A  Nylon  25+  Customer B  Chemical Intermediates  16  Customer C  Ammonium Sulfate  40  Customer D  Ammonium Sulfate  30  Customer E  Chemical Intermediates  5  Customer F  Chemical Intermediates  15  Customer G  Nylon  13  Customer H  Ammonium Sulfate  25  Customer I  Ammonium Sulfate  15  Customer J  Chemical Intermediates  5  Customer K  Chemical Intermediates  5  Customer L  Nylon  3  Customer M  Ammonium Sulfate  25+  Customer N  Nylon  9  Customer O  Nylon  8  2015A Top 15 Customers  ~350 combined years of service  Strong channels to market  Enhanced customer relationships post Frankford acquisition  19  Significant, longstanding relationships with keycustomers across every product line…  …driven and supported by experienced anddedicated sales teams  Strong Relationships Driven By Dedicated Sales Teams  3  Nylon  AmmoniumSulfate  ChemicalIntermediates  AdvanSix Analyst Presentation – September 15, 2016 

 P:\Presentation Center\Maps\Honeywell\R&C World Map  Global Reach  Chicago, IL  Shanghai, ChinaHouston, TX  Sales ReachEmployee Locations & Sales ReachTechnology / R&DBulk Chemical Terminals Future Headquarters Manufacturing locations  20  4  AdvanSix's global reach enables it to compete everywhere its products are consumedDedicated, global sales team reaches 500+ customers in 40+ countriesSupported by marketing and technical staff in 8 countries and global R&D facilitiesFreight / logistics capabilities and terminals / warehouse locations further enable efficient access to global markets  Parsippany, NJ Philadelphia, PA  Frankford, PA  Hopewell, VA  Chesterfield, VA  Colonial Heights, VA  Pottsville, PA  AdvanSix Analyst Presentation – September 15, 2016 

 Diverse Revenue Sources  21  Provides diversification and mitigates exposure to any single end-use application or product cycle2015A Revenue By End Market  Ag / Fertilizer  Total Revenue: $1.3B  5  Building & Construction  Plastics  Solvents  Industrial DerivativesTextiles  AdvanSix Analyst Presentation – September 15, 2016  Coatings, Adhesives &Binders  Other  Serving multiple end markets with attractive long-term growth rates  Seasonality limited to Ammonium Sulfate application; mitigated by North and South American reach  Product management teams focused on valueoptimization  Tech marketing aligned to key end-use applications for new product development  Diversity of our co-product sales mitigates, to some extent, the cyclicality in the caprolactam and nylon resin markets 

 

 R&D Spend By Category  CapabilitiesTwo R&D Technology CentersColonial Heights, VirginiaShanghai, ChinaEmploy ~50 researchersNumerous owned patents, trademarks and trade secrets adequately protected for continued performance of the business  Focus Areas  ManufacturingTechnology  New Products / Application Development  Long-Term Growth  6  Continuous Investment In R&D And Technology  22  2013A  Manufacturing Technology  New Products/ Application Development  66 invention disclosures filed in 2015 (up ~3x YoY)  Building pipeline for future growth  2% Long-TermGrowth  Manufacturing Technology  New Products/ Application Development  Long-Term Growth  Increased focus on growth-oriented R&D while maintaining manufacturing technology excellence  Customer and plant support  Improved yield, rate and quality  New manufacturing technology  Targeting high value end-usesProducing resins at lower costsLaunched new anti-caking fertilizerApplication testing and customer trials  New innovation and growth day process  2015A  43%  32%  25%  74%  24%  AdvanSix Analyst Presentation – September 15, 2016 

 

 Product Line Overviews  AdvanSix Analyst Presentation – September 15, 2016  23 

 

 Nylon Overview  Vertically Integrated With Industry-Leading Cost PositionFlexible Assets Enabling Mix Upgrade To High Value ApplicationsCapacity across multiple polymer trains and viscosity spectrumNew Chesterfield production line capable of producing copolymer Nylon 6 / 6.6New Product Development To Drive New Formulations And Increase Value Of Resin ProductLeverage customer intimacy and application know-howNew pilot plant investment enables improved scale-up  2015 / 2016 revenue down with fall of oil <$45/bbl, impacting commodity input prices and market based pricingHopewell plant 90%+ utilizationNorth America market fundamentals improvingSource: Form 10, PCI Nylon, AdvanSix ManagementNote: Historical Revenue as of December 31; LTM 2016 as of June 30, 2016  24  Highlights  Business Characteristics  AdvanSix Analyst Presentation – September 15, 2016  % of Total Revenue  ~45%  ~45%  ~45%  Products  Caprolactam (Flake and Molten)Nylon 6 ResinBOPA Films  Caprolactam (Flake and Molten)Nylon 6 ResinBOPA Films  Caprolactam (Flake and Molten)Nylon 6 ResinBOPA Films  End-Use Applications  Carpets • TextilesPlastics • OtherPackaging  Carpets • TextilesPlastics • OtherPackaging  Carpets • TextilesPlastics • OtherPackaging  Market Size (Global)  ~$9B  ~$9B  ~$9B  Select Competitors  Chinese Entrants  Chinese Entrants  Chinese Entrants  Select KeyCustomers        Historical Revenue ($M)  22001133A 22001144A  22001155A  LLTTMM 22001166    $813    $824              $813    $824    $598    $581   

 2015 Global Demand Industry CAGR (1)  Nylon 6 Demand Outlook  Market DriversConsumer Preference Between Soft And Hard FlooringDurability, Stain Resistance, Recyclability/Environmental SustainabilityCommercial Tile Fastest Growing Sub-Segment  Source: PCI Nylon, Tecnon OrbiChem, AdvanSix Management(1) 2016 – 2021 Market CAGR  IndicatorsU.S. Housing StartsExisting Home SalesCommercial Construction  25  Continued focus on fast-growing, attractive markets  Carpet  0 - 1%  520KMT  Textile  2 - 4%  Switch From Natural To Synthetic FibersFunctional Textiles – Flame Retarding, Breathable, Aesthetics (Shiny, Soft)  GDP  1,700KMT  Industrial  0 - 1%  Product Innovations Drive Demand For High Strength Materials In Niche Applications (Fishnet, Tire Cord)  GDPIndustrial Production  700KMT  Engineered Plastics  3 - 5%  Global Auto DemandAuto “Lightweighting”Electronics Miniaturization  Light Vehicle Production  1,760KMT  Packaging  3 - 5%  Conversion From Cans To Flex PackagingLonger Shelf Life – Preservation Of Odor, Taste And FreshnessGrowth In Single Serve PortionsImproved Functionality – Clarity, Weight, Strength, Shrink  Growing Middle ClassGrowth In Per Capita Income  440KMT  Americas  China  AdvanSix Analyst Presentation – September 15, 2016  Europe  ROW 

 

 2010  2012 2014All Markets Ex-China  2015  2016E  China  Global Caprolactam Dynamics  26  Market re-structure coupled with global macro-economic trends are expected to rebalance supply and demand leading to improved pricing dynamicsCaprolactam Capacity (KMT) Current Dynamics  ~5,000  ~6,700  ~3% Demand CAGR Over Period  Source: PCI Nylon, Tecnon, IHS, AdvanSix ManagementAdvanSix Analyst Presentation – September 15, 2016  Capacity increases since 2012 have been largely in China  Announced capacity expansions have been curbed  Cost curve dynamics present potential for meaningful rationalization of high cost plants  Price stability in 2016 with recent firmingNorth America supply/demand coming into balance  Nylon 6 demand growth continues with GDP  Long-term growth drivers outweigh near-term Caprolactam / Nylon 6 capacity headwinds  ~5,500  ~6,300  ~6,400 

 

 Ammonium Sulfate Overview  HighlightsRecognized Industry Leading Technology4:1 Raschig technology; High granular conversion (>60%)Unique Expertise, Dedicated Regional AgronomistsDifferentiated Go-To-MarketOver 70% of North America sales to co-ops and integrated retailersConnection with the grower enables value add pricingGlobal Reach Mitigates SeasonalityAccess to top North and South American markets enables participationin “year-round” growing seasonAttractive Netback TreatmentAbility to drive AS price via technology / channel strengths further optimizes AdvanSix’s Caprolactam costs  % of Total Revenue  ~25%  Products / End-UseApplications  Ammonium Sulfate Fertilizer  GranularMid GradeStandard  Market Size (Global)  ~$3.5B  Select Competitors  Select Key Customers  Historical Revenue($M)  $389  $358  $338  $315  22001133A  22001144A  22001155A  LLTTMM 22001166  Chinese Entrants  MMA Producers  Steel Mills  27  Business Characteristics  Source: Form 10, Profercy, CRU, AdvanSix ManagementNote: Historical Revenue as of December 31; LTM 2016 as of June 30, 2016  Ammonium Sulfate tracks Nitrogen fertilizer marketHigh Granular conversion and utilizationNew anti-caking coating launched in 2016 with strong customeracceptance  AdvanSix Analyst Presentation – September 15, 2016 

 

 Often family-owned businessesRelatively small playersCORPORATE RETAILERCompanies own distribution and retail  Sell to parent not direct to indirect retail outlets  INDEPENDENT RETAILER  Regional or local  DISTRIBUTOR  Aggregates N-P-K to RetailGlobal trading platform  Volume driven  CO-OP RETAILER  Retailer and Grower members own co-opEntity may also own retail locationsBoth co-op / members have vested interest in each others’ success  Monetizing Ammonium Sulfate  Fertilizer Producer  Distribution  Key Decision Maker/Retailer  Grower  Fred Below Professor-University of IllinoisAS marketing focuses on cohesive and integrated set of user experiences to grow AS demandTargeted actions with regionalized messaging  ROSI™ Mobile App Return On Sulfur Investment  Trade Publications, Ads, and “Ask the Agronomist Blog”  YouTube Channel with Key Researchers  Note: N = Nitrogen; P = Phosphorous; K = Potassium; AS = Ammonium Sulfate  28  Value proposition of quality and increased crop yields effectively delivered to key customer channels  Sales / Marketing ToolsDriving Pull Through Down The Value Chain  AdvanSix Analyst Presentation – September 15, 2016 

 

 Fertilizer Market Dynamics∣AdvanSix AS Value  29  1  3  4  2  Urea, 54%  World N Consumption 150 Million TonsAS, 4%  Ammonium Sulfate quality is paramount  Ammonium Sulfate is both a Sulfur and Nitrogen Source  Urea contains solely nitrogen and sets baseline for nitrogen fertilizer  Significant recent capacity expansions coupled with slower consumption growth have reduced utilization  Lower energy pricing and reduced marginal producer costs pressuring pricing  N consumption growth has slowed with lower crop prices  Consecutive years of strong grain production have elevated stocks and reduced prices  Consumption will grow steadily driven by population increases and continued diet diversification; globally will drive need for higher yields per acre  Urea is the most consumed N fertilizer  Size and uniformity are the most important customer quality needs  AdvanSix produces three different size grades of AS– Granular, Mid-Grade, and Standard  Continuous efforts and trade secrets in place to drive granular quality and output  Grain is key Nitrogen consumer  Source: CRU  Source: Lehmann, Kerschner, and Gay, AWMA-EM, July 2015  AS represents 4% of the total N consumed and provides both nitrogen and sulfur  Reduced sulfur depositions due to reduction of SO2 emissions have increased grower awareness of need to include sulfur in fertilizer  AdvanSix AS price correlates with urea over the long-term with a premium due to added sulfur value  27%25%23%21%19%17%15%  2600250024002300220021002000190018001700  Use Production Stocks to Use  Source: USDA  Grain Stocks to Use  StandardSize: <1.3mm  AdvanSix Analyst Presentation – September 15, 2016  GranularSize: ~2.5mm  Mid GradeSize: ~1.6mm  Note: N = Nitrogen 

 

 Chemical Intermediates Overview  Well-Positioned to Extract Value and Optimize Cost of PhenolAdvantaged geography, distribution footprint and qualityRobust Acetone portfolio to reach specialty applicationsLargest domestic producer of Alpha-Methylstyrene andCyclohexanone  3. Dedicated Sales and Product Marketing Team to Maximize Value of Diverse Revenue Streams  ~30%  Products  AcetonePhenolCyclohexanone / Cyclohexanol  Alpha-MethylstyreneSulfuric Acid, MEKO, Carbon Dioxide  End-Use Applications  Paints / CoatingsConstruction MaterialsEngineered ResinsAdhesivesOther  Market Size (Global)  ~$12B  Select Competitors  Select Key Customers  Historical Revenue ($M)  $565  $609  $393  $367  Highlights1. Integration Enables Full Asset Utilization and Product MixOptimization– Vertical integration allows AdvanSix to fully utilize each element of larger supply chain  % of Total Revenue  22001133A  22001144A  22001155A  LLTTMM 22001166  Business Characteristics  30  Source: Form 10, IHS, AdvanSix ManagementNote: Historical Revenue as of December 31; LTM 2016 as of June 30, 2016  2015/2016 Revenue declines with fall of oil <$45/bbl, impacting commodity input pricesFrankford plant high utilizationImproved market fundamentals in 2016  AdvanSix Analyst Presentation – September 15, 2016 

 Financial Overview  AdvanSix Analyst Presentation – September 15, 2016  31 

 

 Key Takeaways  AdvanSix Analyst Presentation – September 15, 2016  Signs of supply/demand re-balancing for Caprolactam after capacity increases over past several yearsAdvanSix lowest cost producer due to scale, vertical integration and highvalue co-productsManufacturing utilization rates remain high through the cycle and demandcontinues to growStrong operational processes, productivity gains, and formula price agreements support sustainable margin ratesOpportunity for new product growth with enhanced R&D capabilities andexperienced sales team  32 

 

 Key Financials  1,767  1,790  1,329  1,260  2,0001,5001,0005000  2013  0  2013 2014 2015 LTM 2016  Source: Form 10; LTM 2016 as of June 30, 2016  (1) Reported CapEx includes Capex Accounts Payable; (2) Free Cash Flow defined as Net Cash provided by operating activities minus CapEx(3) Working capital timing differences reflect difference between income and cash driven by receivables, inventories, payables and customer advances  20141.3%  2015(25.7%)  LTM 2016(~19%)  222  166  137  161  0  100  200  300  2013  2014(25.2%)  2015(17.5%)  LTM 2016  74  101  97  92  50  100  150  EBITDA ($M)9.3% 10.3%  Margin %  12.6%  Reported Revenue ($M)  Reported CapEx ($M) (1)  Free Cash Flow ($M) (2)  12.8%  46  87  4  6  91  6  20  1008060  2013  2014 2015 LTM 2016Adjusted for working capital timing differences (3)  33  W/C Turns ~20x  AdvanSix Analyst Presentation – September 15, 2016  3.7%(2.4%)  (2.5%)(23.2%)  Volume Price  ~2% (~21%)  % Change YoY  % Change YoY 

 Debt Capitalization – Pro FormaCapital structure allows flexibility to support growth  34  Pro Forma Capitalization  Sources & Uses  Pro Forma 6/30/2016  Maturity  Cash  --  $40.0 (1)  New Revolver ($155) New Term Loan A  20212021  $40.0 270.0  Total Debt $310.0  PF LTM 6/30/16 Reported EBITDA Total Debt / PF LTM Reported EBITDA  $161.11.9x  ($ in millions)Sour ce s New Revolver ($155) New Term Loan A   Am ount$40.0 270.0  Total Sources $310.0  UsesDistribution to Honeywell Cash to Balance Sheet Total Uses  AdvanSix Analyst Presentation – September 15, 2016  Amount  ell  $270.040.0  $310.0  (1) Gross amount before $3.1M in financing fees 

 

 Base Capex  Growth Capex  Maintain Financial Flexibility  Growth Through Strategic Acquisitions:Seek bolt-on acquisitions and alliances to broaden our customer base, expand our geographic reach, and enhance our technology and product portfoliosReturn Excess Cash To Shareowners:Potential share repurchasesEvaluate cash dividend with Free Cash Flow growth  Capital Deployment Framework  R&D investments supporting growth programsSales and marketing excellenceComplying with environmental / safety regulationsDriving world-class mechanical integrityOrganic investments to produce higher value productsFocus on high return projects, improve productionConservative capital structure (~2x leverage) at bottom of cycleEnsure liquidity for working capital needs  AdvanSix Analyst Presentation – September 15, 2016  35  Balanced and disciplined approach to capital allocation  BusinessReinvestment 

 

 2013  2014Maintenance  2015HSE Growth  2016E  $74M8%  AdvanSix Analyst Presentation – September 15, 2016  $101M  $97M  ~$90M  Near-Term Capex~$100M per year  Maintenance  Spend elevated near-term with key mandated investmentsFlexing investment timelines on consent decree items requires agreement by regulatory bodies  HSE  Spend prioritized against Asset Risk MatricesImprove overall mechanical integrity of asset base  Growth  Improved plant buffers, rate flexibility and quality optimization20%+ IRR target  Capital InvestmentsCapital intensity anticipated in the near-term  36  70%  22%  11%  57%  32%  Project prioritization based on compliance requirements, risk assessments and ROI  in context of cash capacity  62%  25%  14%  45%  23%  32% 

 

 What We’re Seeing  What We’re Expecting  AdvanSix Analyst Presentation – September 15, 2016  Mitigating near-term headwinds, positioned to outperformStabilization of pricing with some uptick in Nylon  Weak Agriculture fundamentals ahead of 2016/2017 seasonOil-related raw materials pass-through pricing impact moderating  Large planned 4Q plant turnaround – sequential financial impact  Rate of Caprolactam capacity growth abatesCapacity rationalization improves market fundamentalsContinued soft market conditions for fertilizers, AS anti-dumping rulingNylon 6 demand to grow at GDP growth ratesProductivity and efficiency initiatives drive future tailwinds  AdvanSix Outlook  37 

 

 Investment Highlights  Leading Vertically Integrated Nylon 6 Producer  Sustainable Lowest Cost Position  Strong Relationships Driven By Dedicated Sales Teams  Global Reach  Diverse Revenue Sources  Continuous Investment In R&D And Technology  1  2  3  4  5  6  AdvanSix Analyst Presentation – September 15, 2016  38 

 

 Q&A  AdvanSix Analyst Presentation – September 15, 2016  39 

 

 Appendix  AdvanSix Analyst Presentation – September 15, 2016  40 

 

 Historical Income Statement ($ Thousands)  41  AdvanSix Analyst Presentation – September 15, 2016 

 

 Historical Income Statement ($ Thousands)  42  AdvanSix Analyst Presentation – September 15, 2016 

 

 Historical Balance Sheet ($ Thousands)  43  AdvanSix Analyst Presentation – September 15, 2016 

 

 Historical Balance Sheet ($ Thousands)  44  AdvanSix Analyst Presentation – September 15, 2016 

 

 Historical Cash Flow Statement ($ Thousands)  45  AdvanSix Analyst Presentation – September 15, 2016 

 

 Historical Cash Flow Statement ($ Thousands)  46  AdvanSix Analyst Presentation – September 15, 2016 

 

 Reconciliation Of EBITDA To Net Income  AdvanSix Analyst Presentation – September 15, 2016  47  Source: Form 10; LTM 2016 as of June 30, 2016EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization  ($ Thousands)   2015 2014 2013    LTM 2016   EBITDA  $136,647    $165,655    $221,527    $160,622  Income Taxes  36,461    48,189    65,547    45,793  Depreciation and Amortization  36,410    33,608    37,234    36,678  Net Income  $63,776    $83,858    $118,746    $78,151 

 

 Thank You