PPG INDUSTRIES INC (PPG) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that PPG INDUSTRIES INC surfaced in its latest filing.

• PPG is involved in lawsuits and claims related to contract, patent, environmental, product liability, asbestos exposure, antitrust, employment, and securities matters, with substantial monetary damages sought. Current lawsuits and claims are described in Note 15, 'Commitments and Contingent Liabilities' in Item 8 of the Form 10-K.
• In 2024, PPG divested its U.S. and Canada Architectural Coatings business, increasing the percentage of sales recognized outside the U.S.2024
• During 2025, approximately 70% of total net sales were recognized outside of the United States.2025
• PPG is currently under contract to supply transparencies, coatings and sealants for commercial, general aviation and military aircraft.
• A number of countries have enacted legislation to implement the OECD's global minimum tax standards (Pillar 2), which has caused an increase to PPG's effective tax rate.
• PPG completed more than 50 acquisitions over the last decade.
• The ongoing wars in Ukraine and increasing tensions between China and the United States.
• Advanced persistent threats and ransomware pose risk to PPG's systems and data; cyber-attack techniques evolve rapidly using advanced automation or artificial intelligence; the company's systems have been and likely will continue to be subject to cybersecurity attacks.