diff --git a/korman/exporter/material.py b/korman/exporter/material.py
index 59215a3..bb8ba84 100644
--- a/korman/exporter/material.py
+++ b/korman/exporter/material.py
@@ -432,11 +432,12 @@ class MaterialConverter:
         if not slot.use_stencil:
             # mutually exclusive blend flags
             if texture.use_alpha and has_alpha:
-                state.blendFlags |= hsGMatState.kBlendAlpha
                 if slot.blend_type == "ADD":
                     state.blendFlags |= hsGMatState.kBlendAlphaAdd
                 elif slot.blend_type == "MULTIPLY":
                     state.blendFlags |= hsGMatState.kBlendAlphaMult
+                else:
+                    state.blendFlags |= hsGMatState.kBlendAlpha
 
             if texture.invert_alpha and has_alpha:
                 state.blendFlags |= hsGMatState.kBlendInvertAlpha