Achieving sustainable savings

Expected EBITDA impact of $1B by YE2019

1. Sales/­Commercial (30%)
   • Align sales coverage to high-opportunity areas
   • Prioritize account management
2. Procurement (28%)
   • Improve sourcing
   • Reduce number of suppliers
3. Operational/­Segment and Product Lines (21%)
   • Reduce product line complexity
   • Restructure organization
4. General and Administration (13%)
   • Offshore back-office functions
   • Enhance global asset optimization
5. Manufacturing (6%)
   • Consolidate facilities
   • Increase demand planning discipline
6. Logistics and Distribution (2%)
   • Crossdock and consolidate shipments