Qnity Electronics Confirms $43M Liability in DuPont's North Carolina PFAS Settlement

Qnity Electronics, Inc. confirmed its financial obligation related to a major settlement agreement entered into by DuPont de Nemours, Inc., The Chemours Company, and Corteva Inc. with the State of North Carolina. The settlement resolves claims concerning PFAS contamination from the Fayetteville Works facility. Qnity's involvement stems from a contractual indemnification obligation to DuPont.

Key Details

• Liability: The company's indemnification liability for this settlement is $43 million, which was established in the second quarter of 2026 and remains unchanged.
• Contractual Share: This figure represents 44% of DuPont's after-tax liability for the settlement, defined as the "Applicable Qnity Percentage."
• MOU Impact: Payments related to this North Carolina settlement will count against a 2021 Memorandum of Understanding (MOU) limit and satisfy future escrow contributions, including the one due in September 2026.