Compagnie De Saint-gobain Sa · EURONEXT:SGO
Compagnie De Saint-gobain Sa — Saint-Gobain — Investor Day (October 2025)
120 slides from Compagnie De Saint-gobain Sa's investor day presentation, Oct 6, 2025
Slide 1: Capital Markets Day
October 6, 2025 CAPITAL MARKETS DAY BENOIT BAZIN MAUD THUAUDET Chairman & Chief Executive Officer Chief Financial Officer
Slide 2: Opening a new chapter to accelerate profitable growth
OPENING A NEW CHAPTER TO ACCELERATE PROFITABLE GROWTH THE WORLDWIDE LEADER IN LIGHT & SUSTAINABLE CONSTRUCTION 2 CAPITAL MARKETS DAY – OCTOBER 6, 2025
Slide 3: The worldwide leader in light & sustainable construction
THE WORLDWIDE LEADER IN LIGHT & SUSTAINABLE CONSTRUCTION #1 IN LIGHT BUILDING MATERIALS Leveraging LOCAL-FOR-LOCAL #1 IN EUROPE #1 IN NORTH AMERICA #1 IN AUSTRALIA LEADERSHIP To grow across both MATURE AND EMERGING markets #1 IN MIDDLE EAST #1 IN LATIN AMERICA #1 IN INDIA 3 CAPITAL MARKETS DAY – OCT
Slide 4: Leveraging leadership to unleash growth potential
LEVERAGING LEADERSHIP TO UNLEASH GROWTH POTENTIAL SCALE AN UNMATCHED BREADTH 2026-2030 TARGETS OF VALUE-ENHANCING SOLUTIONS FOR CUSTOMERS MID-SINGLE-DIGIT SALES GROWTH1 OUTPERFORMING MARKETS BY 1-2PTS EXPAND FROM RESIDENTIAL TO NON-RESIDENTIAL & INFRASTRUCTURE 15 - 18% EBITDA MARGIN EXECUTE WITH GRO
Slide 5: Growing markets with untapped opportunities
1 GROWING MARKETS WITH UNTAPPED OPPORTUNITIES
Slide 6: Light & sustainable construction is driven by powerful megatrends
LIGHT & SUSTAINABLE CONSTRUCTION IS DRIVEN BY POWERFUL MEGATRENDS POPULATION GROWTH MIDDLE-CLASS ASPIRATION LOCALIZATION AND RESHORING AND URBANIZATION FOR QUALITY BUILDINGS DRIVEN BY DEGLOBALIZATION BUILDING & INFRASTRUCTURE RESOURCE SCARCITY ENERGY-EFFICIENT RENOVATION ADAPTATION TO CLIMATE CHANGE
Slide 7: Megatrends translate into vast local growth drivers
MEGATRENDS TRANSLATE INTO VAST LOCAL GROWTH DRIVERS ASIA & OTHER WESTERN EUROPE NORTH AMERICA HIGH-GROWTH COUNTRIES Market RECOVERY notably to address HOUSING SHORTAGES POPULATION GROWTH HOUSING CRISIS & URBANIZATION STRUCTURAL STRUCTURAL ENERGY RENOVATION, GREEN Must-have RENOVATION Expanding MIDDL
Slide 8: The only provider of comprehensive building and infrastructure solutions
SAINT-GOBAIN IS THE ONLY PROVIDER OF COMPREHENSIVE BUILDING AND INFRASTRUCTURE SOLUTIONS… INTERIOR SOLUTIONS EXTERIOR SOLUTIONS Plasterboard Roofing Insulation Siding and cladding Ceilings Façade Glazing CONSTRUCTION CHEMICALS SOLUTIONS Flooring and façade renders Waterproofing JOBSITE SOLUTIONS Con
Slide 9: Unique ability to leverage local leadership positions
… WITH A UNIQUE ABILITY TO LEVERAGE LOCAL LEADERSHIP POSITIONS TO GROW FURTHER Growth opportunities France United Spain USA Canada Mexico Brazil Middle India Australia Kingdom East Saint-Gobain market position in light construction #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 EXTERIOR SOLUTIONS INTERIOR SOLUTIONS
Slide 10: Broadened reach across an unmatched breadth of addressable markets
SAINT-GOBAIN HAS BROADENED ITS REACH ACROSS AN UNMATCHED BREADTH OF ADDRESSABLE MARKETS… RESIDENTIAL NON-RESIDENTIAL INFRASTRUCTURE Addressable market1 € 250bn €180bn €70bn 10 CAPITAL MARKETS DAY – OCTOBER 6, 2025 1. Source: internal study
Slide 11: Expanding in under-penetrated non-residential & infrastructure markets
… WITH A UNIQUE ABILITY TO EXPAND IN UNDER-PENETRATED NON-RESIDENTIAL & INFRASTRUCTURE MARKETS Addressable markets1 vs. Saint-Gobain sales for ENERGY DATA construction, 2024 INFRASTRUCTURE CENTERS EDUCATION €15bn €250bn Non-residential & infrastructure Residential TRANSPORTATION CRITICAL HOSPITALS H
Slide 12: Steering a strong growth profile
2 STEERING A STRONG GROWTH PROFILE
Slide 13: Top country platforms to seize European recovery potential
TOP COUNTRY PLATFORMS TO SEIZE EUROPEAN RECOVERY POTENTIAL SOLID PROSPECTS FOR EUROPEAN RECOVERY Spain France SHARE OF GROUP SALES & Italy NORTH Eastern 25-30% UK 25-30% AMERICA Europe 20% 20% 13% ASIA & OTHER Nordics 13% Germany 30-35% 30-35% HIGH-GROWTH & Baltics 18% 18% 29% GEOGRAPHIES 29% 69% 69
Slide 14: Priority country platforms to increase exposure to high-growth geographies
PRIORITY COUNTRY PLATFORMS TO INCREASE EXPOSURE TO HIGH-GROWTH GEOGRAPHIES PRIORITY COUNTRIES FOR CAPITAL ALLOCATION USA Brazil SHARE OF GROUP SALES Canada India NORTH 25-30% 25-30% AMERICA Australia South-East Asia 20% 20% 13% 13% ASIA & OTHER Mexico 30-35% 30-35% HIGH-GROWTH Middle East 18% 18% 29
Slide 15: Widening our reach to all construction end-markets
WIDENING OUR REACH TO ALL CONSTRUCTION END-MARKETS Targeting MID TO HIGH-SINGLE-DIGIT SHARE OF GROUP SALES GROWTH3 in infrastructure & non-residential 9bn SALES 33% Non-residential & infrastructure 30% >€ IN CONSTRUCTION CHEMICALS BY 2030 Residential1 54% 55% to increase infrastructure exposure Thro
Slide 16: Constantly enriching our business profile
CONSTANTLY ENRICHING OUR BUSINESS PROFILE IN LIGHT & SUSTAINABLE CONSTRUCTION SHARE OF GROUP SALES Customer-driven SOLUTIONS APPROACH with OFFER ENRICHMENT by country Construction 13% chemicals 5% Interior solutions 19% 31% Exterior solutions Continued strong focus on 16% VALUE CREATION 18% Jobsite
Slide 17: Actively steering portfolio optimization
ACTIVELY STEERING PORTFOLIO OPTIMIZATION TO STRENGTHEN GROUP PROFILE 2030 TARGETS >20% SALES ROTATION BY 2030 >13% GROUP ROCE CONSOLIDATING LEADERSHIP POSITIONS, HIGH-GROWTH COUNTRIES AND CONSTRUCTION CHEMICALS FOCUS ON EXECUTION & VALUE CREATION 17 CAPITAL MARKETS DAY – OCTOBER 6, 2025
Slide 18: Accelerating value and growth through solutions
3 ACCELERATING VALUE AND GROWTH THROUGH SOLUTIONS
Slide 19: Accelerating to mid-single-digit growth
ACCELERATING TO MID-SINGLE-DIGIT GROWTH1 Market growth Growing with Expanding in Compounding SAINT-GOBAIN SOLUTIONS NON-RESIDENTIAL M&A GROWTH & INFRASTRUCTURE by country GROWTH by country OUTPERFORMING OUR MARKETS BY 1 TO 2 PTS 19 CAPITAL MARKETS DAY – OCTOBER 6, 2025 1. On average in local currenc
Slide 20: Answering customers' increasing need for full-range solutions
ANSWERING CUSTOMERS’ INCREASING NEED FOR FULL-RANGE SOLUTIONS To radically CHANGE HOW BUILDINGS ARE BUILT you have to work closely with partners who understand HOW EVERYTHING COMES TOGETHER ON SITE GROWING DEMAND FOR WHOLE-BUILDING PERFORMANCE 70% OF CONSTRUCTION COMPANIES PREFER SOLUTIONS1 20 CAPIT
Slide 21: Innovating to meet need for sustainable solutions
INNOVATING TO MEET CUSTOMERS’ INCREASING NEED FOR SUSTAINABLE SOLUTIONS PIONEERING LOW-CARBON & CLIMATE-RESILIENT OFFER WITH ~75% OF SUSTAINABLE SALES WORLD WORLD HIGH-RECYCLED LOW-CARBON CONTENT GLASS MORTARS 1ST 1ST WOOL HIGH-RECYCLED CONTENT LOW-CARBON PLASTERBOARD GLASS BEST POSITIONED TO ADDRES
Slide 22: One-stop-shop solution for global renovation in France
OUR ONE-STOP-SHOP SOLUTION FOR … BRINGS VALUE GLOBAL RENOVATION IN FRANCE… TO OUR CUSTOMERS SINGLE-FAMILY HOUSE RENOVATION1 Interactive digital solution for energy - 70% ENERGY EFFICIENCY renovation diagnosis energy bill From EPC2 Thermal insulation for attics reduction G to C 4- 5 Eclaz Sun® double
Slide 23: Our enriched offer in Canada
OUR ENRICHED OFFER IN CANADA… … DELIVERS HIGHER GUARANTEED QUALITY FOR CUSTOMERS COMPREHENSIVE OFFER FOR THE FULL BUILDING ENVELOPE THROUGH TARGETED ACQUISITIONS From basic shingles to COMPLETE WEATHER-RESISTANT ROOFING Roofing shingles Roofing SOLUTIONS membranes Waterproofing membranes Siding Inte
Slide 24: Solutions strategy increases value and share-of-wallet
SOLUTIONS STRATEGY INCREASES BOTH VALUE AND SHARE-OF-WALLET FOR THE GROUP CROSS-SELLING UP-SELLING SERVICES AND SPECIFICATION Patented façade system -30% installation time -20% heat loss SALES OUTPERFORMANCE HIGHER MARGIN RICHER MIX X2 SALES TO TOP 20 CUSTOMERS +8pts MARGIN FOR HIGH +10pts OF HAVP v
Slide 25: Expanding in each country through solutions approach
EXPANDING IN EACH COUNTRY THROUGH SOLUTIONS APPROACH BROADENING AND ENRICHING OUR OFFER FOR THE ENTIRE BUILDING ENVELOPE Interior, exterior, construction chemicals, jobsite solutions & merchanting DEPLOYING OUR COMPREHENSIVE SOLUTIONS ACROSS ALL CHANNELS Merchanting, DIY, direct sales & digital sale
Slide 26: Broadening our offer with a replicable model – India's success
BROADENING OUR OFFER WITH A REPLICABLE MODEL COUNTRY BY COUNTRY – INDIA’S SUCCESS 10-year journey of growth 85% ORGANIC GROWTH Today EXTERIOR #1 ~x4 GLASS INTERIOR Sales1 #1 Fire-resistant Low-carbon Concrete Acoustic Low-carbon MyHome Digital INSULATION glass solar-control admixtures ceilings plast
Slide 27: Deploying our strong and innovative value-added products
DEPLOYING OUR STRONG AND INNOVATIVE VALUE-ADDED PRODUCTS SALES CAGR EBITDA (%) 2024 2019-2024 2024 GLASS Deploying value-added coated glass IN ASIA & OTHER HIGH-GROWTH COUNTRIES EXTERIOR in high-growth countries 2bn 7% 20% SOLUTIONS COOL-LITE® XTREME From 31 % to 37% of HAVP 1 Solar control glass bl
Slide 28: Deploying our solutions approach through all channels
DEPLOYING OUR SOLUTIONS APPROACH THROUGH ALL CHANNELS MERCHANTING DIY DIRECT SALES DIGITAL SALES Indonesia H Residence, Dubai x2 points of sales vs. 2019 18 Saint-Gobain solutions specified CROSS-BRAND Systematic GEOGRAPHIC Leveraging WIDEST OFFER SPECIFICATION TEAMS COVERAGE & increased # of to be
Slide 29: Tracking solutions deployment country by country
TRACKING SOLUTIONS DEPLOYMENT COUNTRY BY COUNTRY SERVICES AND CROSS-SELLING UP-SELLING SPECIFICATION Tracked KPI Cross-selling index Share of high added-value sales Share of specified sales Cross-selling of interior & Residential block including a lightweight Key Account Management & specification e
Slide 30: Same approach in industrial solutions
LEVERAGING THE SAME APPROACH FOR DIFFERENTIATION & GROWTH IN INDUSTRIAL SOLUTIONS GLASS FOR MOBILITY CERAMICS FOR PROCESS PERFORMANCE POLYMER SOLUTIONS SOLUTIONS SOLUTIONS ~50%1 ~20%1 ~30%1 Leader in high added-value Leader in ceramic solutions to decarbonize Leader in polymer technologies glazing s
Slide 31: Expanding in non-residential and infrastructure
4 EXPANDING IN NON-RESIDENTIAL AND INFRASTRUCTURE
Slide 32: Hero products as door openers for non-residential projects
LEVERAGING OUR HERO PRODUCTS AS DOOR OPENERS FOR NON-RESIDENTIAL PROJECTS EDUCATION HOSPITALS HOTELS University of Groningen, Netherlands Nantes university hospital, France Atlantis The Royal hotel, Dubai 14 Saint-Gobain solutions 26 Saint-Gobain solutions 26 Saint-Gobain solutions EXTRA BASS X-RAY
Slide 33: Best offer for the data center market
WE HAVE THE BEST OFFER FOR THE GROWING & PROFITABLE DATA CENTER MARKET HERO PRODUCTS LEADING SPECIFICATION OF FULL OFFER LEADING CONSTRUCTION MATERIALS SUPPLIERS FOR FOR DATA CENTERS DATA CENTERS1 across the US & four European countries Technical Low-carbon ceilings admixtures Competitor A Competito
Slide 34: Leadership in construction chemicals as gateway to infrastructure
OUR LEADERSHIP IN CONSTRUCTION CHEMICALS IS A GATEWAY TO THE WHOLE INFRASTRUCTURE MARKET Fast-paced growth in ENERGY TRANSPORTATION INFRASTRUCTURE construction chemicals through INFRASTRUCTURE CAPEX & M&A since 2021 M5 Oldbury Viaduct, United Kingdom Doha metro, Qatar Subansiri power station, India
Slide 35: Dedicated approach unlocking growth in non-residential & infrastructure
DEDICATED APPROACH UNLOCKING ADDITIONAL GROWTH IN UNDER-PENETRATED NON-RESIDENTIAL & INFRASTRUCTURE MARKETS DEDICATED CATALOGUES POWERFUL BUILDING SCIENCE CROSS-BRAND SPECIFICATION TEAMS BY END-MARKET & TECHNICAL SUPPORT & KAM1 IN ALL TOP COUNTRIES EDUCATION BUILDINGS Building design optimization se
Slide 36: Enhancing penetration with digital & AI
ENHANCING OUR PENETRATION WITH DIGITAL & AI ALONG THE VALUE CHAIN AI-POWERED R&D for AI-ENHANCED IoT1-ENABLED DIGITAL LASER-GUIDED LAYOUT accelerated time-to-market TENDER ANALYSIS SERVICES for real-time tool for jobsite productivity 30 to 80% less testing 10,000 tenders analyzed per month in France
Slide 37: Targeting mid to high-single-digit growth in infrastructure & non-residential
TARGETING MID TO HIGH-SINGLE-DIGIT GROWTH1 IN INFRASTRUCTURE & NON-RESIDENTIAL Growth opportunities Germany USA Middle India France United USA Brazil South-East East Kingdom Asia TRANSPORTATION INFRASTRUCTURE HOSPITALS (airports, rail, roads) ENERGY EDUCATION INFRASTRUCTURE (energy generation) HOTEL
Slide 38: Leveraging strong country platforms as growth compounders
LEVERAGING STRONG 5 COUNTRY PLATFORMS AS GROWTH COMPOUNDERS
Slide 39: Country platforms designed to capture profitable growth
OUR COUNTRY PLATFORMS ARE DESIGNED TO CAPTURE PROFITABLE GROWTH DEEP LOCAL COUNTRY LEVERAGING GROUP ANCHORING PLATFORM EXPERTISE OPTIMIZING AND ALLOCATING RESOURCES SELLING THE FULL SAINT-GOBAIN OFFER ACROSS ALL CHANNELS 39 CAPITAL MARKETS DAY – OCTOBER 6, 2025
Slide 40: Country platforms catalyze growth with compounding M&A
COUNTRY PLATFORMS CATALYZE GROWTH WITH COMPOUNDING M&A ORIGINATION ADVANTAGE EXECUTION ADVANTAGE Proactive ACTIVATION OF M&A TARGETS CULTURAL FIT & STREAMLINED INTEGRATION 80% bilateral deals since 2021 Unlocking fast SYNERGIES with LOCAL ORGANIZATION Country platforms ATTRACTIVE FOR FAMILY RETENTIO
Slide 41: Leadership under the Saint-Gobain brand
LEADERSHIP UNDER THE SAINT-GOBAIN BRAND TO SHAPE THEIR MARKET LOCAL TRAINING PROGRAMS SUSTAINABLE CONSTRUCTION LOCAL CAMPAIGNS FOR ENERGY FOR CUSTOMERS ADVOCACY EFFICIENT RENOVATION 41 CAPITAL MARKETS DAY – OCTOBER 6, 2025
Slide 42: Country platforms lead on operational performance
COUNTRY PLATFORMS LEAD ON OPERATIONAL PERFORMANCE BY LEVERAGING GROUP EXPERTISE… MANUFACTURING DEPLOYMENT OF DIGITAL AND AI COMMERCIAL EXCELLENCE INNOVATION TECHNOLOGIES EXCELLENCE Regional research centers in Regional ERP2 platforms with WCM1 program & plant USA, France, Germany, India, common data
Slide 43: Constantly strive for best-in-class environmental performance
… AND CONSTANTLY STRIVE FOR BEST-IN-CLASS ENVIRONMENTAL PERFORMANCE SUSTAINABILITY TARGETS REDUCING OUR - 34% CO2 FOOTPRINT Scope 1 & 2 CO2 Digital & AI tools Rated A: CDP 40 to -45% to decarbonize glass Climate Change emissions1 TOP 2% of companies furnaces ranked - SCOPE 1 & 2 EMISSIONS BY 20353 A
Slide 44: Performance-based culture and incentives aligned with shareholder value
PERFORMANCE-BASED CULTURE AND INCENTIVES ALIGNED WITH SHAREHOLDER VALUE EMPOWERED, ACCOUNTABLE, LOCAL country CEOs 90% CEOs native to their country Yearly bonus 100% ALIGNED TO OWN COUNTRY priorities: GROWTH PLAN EXECUTION & OUTPERFORMANCE on EBITDA, ROCE & CASH LONG-TERM INCENTIVES for top 3,000 ma
Slide 45: Driving financial performance
6 DRIVING FINANCIAL PERFORMANCE
Slide 46: Significant step-change in performance
SIGNIFICANT STEP-CHANGE IN PERFORMANCE DELIVERING ON ALL OUR 2021 TARGETS Operating income Recurring EPS Free Cash Flow ROCE +360bps +66% x2 x3 2021 – 2024 2021 AVERAGE CMD TARGET €5.3bn €7.0 €4.0bn 14.3% 10.7% 3.9% €3.2bn €3.2 Organic growth1 3-5% €1.2bn 7.7% 11.4% 2018 2024 2018 2024 2018 2024 201
Slide 47: Enhanced business profile: resilience and earnings quality
ENHANCED BUSINESS PROFILE: RESILIENCE AND EARNINGS QUALITY PROVEN RESILIENCE SHIFT IN GROUP MIX STRONGER GROWTH Evolution of EBITDA margin Share of total Group sales from … 2009 vs. 20071 2024 vs. 2021 +150bps Businesses with EBITDA margin Businesses with EBITDA margin 38% + 4PTS Average <5%2 16% >2
Slide 48: A new step-up in growth
A NEW STEP-UP IN GROWTH Sales growth (%) 2026-2030 TARGETS MID-SINGLE-DIGIT sales growth 1 MARKET Growing with Expanding in Compounding Saint-Gobain OUTPERFORMANCE Market growth SOLUTIONS by country NON-RESIDENTIAL & INFRASTRUCTURE M&A GROWTH by country growth of 1 TO 2 POINTS 48 CAPITAL MARKETS DAY
Slide 49: A new step-up in profitability
A NEW STEP-UP IN PROFITABILITY EBITDA (%) 12-15% EUROPE, MIDDLE EAST & AFRICA SOLUTIONS PRICE-COST SPREAD 17-20% Profitable growth translating MARGIN ENHANCEMENT ASIA-PACIFIC COST MANAGEMENT FROM M&A & AMERICAS into EPS GROWTH 15-18% All P&L OWNERS 14-15.5% incentivized on EBITDA, 14.5% FREE CASH FL
Slide 50: Disciplined cash management
DISCIPLINED CASH MANAGEMENT 2026-2030 TARGETS 36k Deep rooted Employees trained on cash management CASH CULTURE since 2021 FREE CASH FLOW CONVERSION RATIO > 50% OPTIMIZED From 3.0% 2.5% to ~ NON- MAINTENANCE CAPEX of sales, 2018 vs. 2021-24 average OPERATING COSTS ≤€ 250m ON AVERAGE/YEAR 4.5-5% OPTI
Slide 51: Strong balance sheet and solid credit rating
STRONG BALANCE SHEET AND SOLID CREDIT RATING “Saint-Gobain has sufficient rating headroom for acquisitions and shareholder returns while maintaining its net leverage target of 1.5x- 1.5x – 2.0x 2.0x” NET DEBT / EBITDA S&P, June 2025 TARGET RANGE “In recent years, Saint-Gobain has S&P GLOBAL BBB+ str
Slide 52: Dynamic and attractive capital allocation
A DYNAMIC AND ATTRACTIVE CAPITAL ALLOCATION FOR SHAREHOLDER VALUE CREATION ~€ 20bn CAPITAL DEPLOYMENT FROM 2026 TO 2030 1 DIVIDENDS ~€6bn SHARE BUYBACKS €2bn TARGETING ATTRACTIVE RETURNS SUSTAINABLE TO SHAREHOLDERS DIVIDEND GROWTH over the 2026-2030 period Value creation tool Payment in cash Regular
Slide 53: Capital allocation: growth investment
A DYNAMIC AND ATTRACTIVE CAPITAL ALLOCATION FOR SHAREHOLDER VALUE CREATION ~€ 20bn CAPITAL DEPLOYMENT FROM 2026 TO 2030 1 GROWTH INVESTMENT ~€12bn (Growth Capex + Net M&A)2 PRIORITIZING HIGH-GROWTH MARKETS North America, Asia, high-growth countries Construction chemicals STRICT VALUE CREATION CRITER
Slide 54: Disciplined capex allocation
DISCIPLINED CAPEX ALLOCATION >20% GROWTH CAPEX IRR GROWTH ~2-2.5% 2026-2030 TARGETS HURDLE RATE CAPEX of sales GROWTH CAPEX OPPORTUNITIES Offer enrichment by country platform Leverage existing footprint across multiple product lines Low-carbon plasterboard plant using New Chryso line on existing ins
Slide 55: Solid M&A track record consistently creating value
SOLID M&A TRACK RECORD CONSISTENTLY CREATING VALUE AFTER YEAR 3: VALUE CREATED BEFORE YEAR 3: ON TRACK Value-creation in year 2 19% 10% sales CAGR 2024 vs. 2019 Combined EBITDA margin in 20241 Synergies above plan Accelerator into major DIY retailers 18% EBITDA margin in 20241 Value-creation in year
Slide 56: Disciplined M&A driven by country growth compounder model
2026-30: DISCIPLINED M&A DRIVEN BY COUNTRY GROWTH COMPOUNDER MODEL >20% SALES ROTATION BY 2030 CRITERIA FOR ACQUISITIONS SELECTIVE M&A CRITERIA FOR DIVESTMENTS Consolidating leadership Country platforms proactively 1 1 Strategic alignment & positions, high-growth countries engaging M&A bilateral dis
Slide 57: Attractive financial plan 2026–2030
ATTRACTIVE FINANCIAL PLAN 2026 – 2030 MID-SINGLE-DIGIT Average sales growth1 1.5x to 2x Net debt / EBITDA 15 – 18% 20% Sales rotation EBITDA margin > (acquisitions and divestments) > 50% Free cash flow conversion ratio ~€ 8bn Returns to shareholders ~€6bn Dividends > 13% ROCE €2bn Share buybacks 57
Slide 58: Conclusion
7 CONCLUSION
Slide 59: Delivering strong value creation for shareholders
DELIVERING STRONG VALUE CREATION FOR SHAREHOLDERS RECURRING EPS1 TOTAL SHAREHOLDER RETURN2 P/E RATIO3 2025 vs. 2018 Saint-Gobain Peers4 +14% CAGR +153% €7.0 21x 20x +116% +87% 13x €3.2 9x 2018 2024 CAC40 Stoxx Const. Saint-Gobain 2018 20255 59 CAPITAL MARKETS DAY – OCTOBER 6, 2025 1. Earnings per sh
Slide 60: The next growth ambition for Saint-Gobain
THE NEXT GROWTH AMBITION FOR SAINT-GOBAIN LARGE OPPORTUNITIES GROWTH ACROSS RESIDENTIAL, VALUE-ENHANCING SUPPORTED BY COMPOUNDING NON-RESIDENTIAL SOLUTIONS APPROACH MEGATRENDS COUNTRY PLATFORMS & INFRASTRUCTURE STRONG VALUE CREATION FOR ALL STAKEHOLDERS 60 CAPITAL MARKETS DAY – OCTOBER 6, 2025
Slide 61: Strong governance with a renewed, international independent board
A STRONG GOVERNANCE WITH A RENEWED, INTERNATIONAL INDEPENDENT BOARD 8 RENEWALS SINCE 2021 NEW NEW NEW BENOIT BAZIN SOPHIE BROCHU1 SIBYLLE DAUNIS THIERRY MAYA HARI DOMINIQUE Chairman of the Board OPFERMANN DELAPORTE1 LEROY ; NEW NEW NEW NEW NEW JEAN-FRANÇOIS CIRELLI1 JANA REVEDIN GEOFFROY ROUX ANTOIN
Slide 62: Management team with strong credentials
A MANAGEMENT TEAM WITH STRONG CREDENTIALS TO EXECUTE GROWTH PLAN INNOVATION Anne Hardy 6 NATIONALITIES 44% WOMEN FINANCE Maud Thuaudet DIGITAL & IT STRATEGY Ursula Soritsch- Renier Céline Da Silva TECHNOLOGY HUMAN RESOURCES & INDUSTRIAL PERFORMANCE & CSR Nicolas Miègeville OPERATIONS (COO) Claire Pe
Slide 63: Attractive profitable growth across all major regional markets
ATTRACTIVE PROFITABLE GROWTH ACROSS ALL MAJOR REGIONAL MARKETS NORTH AMERICA EUROPE, MIDDLE EAST & AFRICA LATIN AMERICA ASIA-PACIFIC Mark Rayfield David Molho & Thierry Bernard Camille Harrissart Sreedhar N. 63 CAPITAL MARKETS DAY – OCTOBER 6, 2025
Slide 64: North America
October 6, 2025 CAPITAL MARKETS DAY NORTH AMERICA MARK RAYFIELD US Headquarters & Innovation Center, Malvern, Pennsylvania CEO North America Region
Slide 65: North America is well positioned for growth
NORTH AMERICA IS WELL POSITIONED FOR GROWTH Leverage growth-compounding US AND CANADIAN COUNTRY PLATFORMS, being a key partner of choice $ 11bn Sales1 for retailers, distributors, contractors > 20% EBITDA margin1 Lead with unique SOLUTIONS APPROACH meeting customer needs for CLIMATE-RESILIENT SOLUTI
Slide 66: Strong fundamentals in the North American market
STRONG FUNDAMENTALS IN THE NORTH AMERICAN MARKET RESIDENTIAL 68% 1 NON-RESIDENTIAL & INFRASTRUCTURE 32% 1 ~3.7m ~20-25% Annual growth in Deficit in data center demand in housing stock2 the US through 20304 ~10% of civil engineering ~450k Annual housing infrastructure projects units need related to b
Slide 67: Country platform brings best solutions and nation-wide presence
COUNTRY PLATFORM BRINGS THE BEST SOLUTIONS & NATION-WIDE PRESENCE TO OUR CUSTOMERS ONLY AMERICAN MANUFACTURER MAKING CONTRACTORS SUCCESSFUL PARTNER OF CHOICE FOR OFFERING FULL BREADTH OF & HOMEOWNERS ADVOCATES DISTRIBUTORS & DIY SOLUTIONS 112 plants with national coverage > 21k Contractors trained i
Slide 68: Residential resilient solutions for climate adaptation
BUILT TO WITHSTAND: SAINT-GOBAIN’S RESIDENTIAL RESILIENT SOLUTIONS FOR CLIMATE ADAPTATION WEATHER AND AGE-RELATED RENOVATION RESILIENT SOLUTIONS TO ADDRESS ALL TYPES ARE PRIMARY DRIVERS FOR ROOFING OF EXTREME WEATHER PATTERNS Residential Roofing Demand Drivers1 WIND ClimateFlex® impact resistant shi
Slide 69: Most complete residential offer
THE MOST COMPLETE RESIDENTIAL OFFER POSITIONED TO MEET & OUTPERFORM MARKET NEEDS REINFORCED CLIMATE FULL-HOME RESILIENT SOLUTION • Hail & Algae-Resistant Shingles In addition to climate • Roof Shingles • Premium Roof Underlayment resilient solutions • Roof Underlayment • Self-Sealing Flashing • Ridg
Slide 70: Country platforms enable expansion in non-residential markets
OUR COUNTRY PLATFORMS ENABLE EXPANSION IN NON-RESIDENTIAL MARKETS OPTIMIZED PORTFOLIO FOR ROBUST PIPELINE OF ALIGNING INNOVATION TO SUPERIOR PERFORMANCE TARGETED PROJECTS OUR CUSTOMERS NEEDS Large scale FIRE TESTING LAB 60 North American sales in non-residential of project pipeline focused > % on ed
Slide 71: Bringing full-building performance with comprehensive solutions
BRINGING FULL-BUILDING PERFORMANCE WITH OUR COMPREHENSIVE SOLUTIONS DEVELOPING FULL-RANGE ADDED-VALUE SYSTEMS WINNING KEY NON-RESIDENTIAL PROJECTS FIRE RESISTANCE Used in non-residential buildings, notably data centers, hospitals, hotels, and education San Diego Research & Development District, Cali
Slide 72: Vast headroom to accelerate growth in infrastructure
VAST HEADROOM TO ACCELERATE GROWTH IN INFRASTRUCTURE COMPREHENSIVE OFFER IN BUILDING OUR LEADERSHIP IN NORTH AMERICA CONSTRUCTION CHEMICALS 1 13 Construction Leveraging our broadened global offer through In cement additives and chemicals plants M&A to expand in infrastructure # concrete admixtures 2
Slide 73: Successful M&A delivering an unrivaled country platform in Canada
SUCCESSFUL M&A DELIVERING VALUE AND AN UNRIVALED COUNTRY PLATFORM FOR GROWTH SYSTEMS OFFER LEVERAGING #1 IN DIY AND PARTNER OF #1 IN CANADA OUR LOCAL OPERATING MODEL CHOICE FOR DISTRIBUTORS ~CA$ 2.4bn Sales1 42 plants ensuring local-for-local production >2,000 points with full coverage in DIY coast-
Slide 74: North America 2026-2030 targets
NORTH AMERICA IS WELL POSITIONED FOR GROWTH 2026-2030 TARGETS Leverage our strong growth compounding COUNTRY PLATFORMS, with the USA leading on RESIDENTIAL and CLIMATE-RESILIENT SOLUTIONS MID-SINGLE-DIGIT Lead with our unique offer for CANADA to develop SALES GROWTH1 FULL HOME SOLUTIONS for multi-fa
Slide 75: Europe, Middle East & Africa
October 6, 2025 CAPITAL MARKETS DAY EUROPE, MIDDLE EAST & AFRICA THIERRY BERNARD DAVID MOLHO Aosta Valley University, Italy CEO Southern Europe, CEO Northern Europe Region Middle East and Africa Region
Slide 76: Well positioned to benefit from European construction market recovery
WELL POSITIONED TO BENEFIT FROM THE EUROPEAN CONSTRUCTION MARKET RECOVERY 29bn Well-positioned country platforms to benefit from EUROPEAN MARKET RECOVERY with OVER-PROPORTIONAL PROFIT GROWTH € Sales1 Unique LEADERSHIP POSITION across the FULL VALUE CHAIN, notably ENERGY-EFFICIENT RENOVATION >12% EBI
Slide 77: Residential markets picking up across Europe
RESIDENTIAL MARKETS PICKING UP ACROSS EUROPE SIGNIFICANT HOUSING NEEDS ~2.5m housing shortage ~2m housing shortage LARGE-SCALE GOVERNMENT HOUSING PROGRAMS NEW “Plan Vive” new residential housing project 1.5m new homes by 2029 100,000 new homes per year until 2030 Madrid, Spain INCREASE IN HOUSING ST
Slide 78: Strong growth areas in non-residential & infrastructure segments
STRONG GROWTH AREAS IN NON-RESIDENTIAL & INFRASTRUCTURE SEGMENTS COUNTRY BY COUNTRY New school building – Alblasserdam, Netherlands GROWTH AREAS HOSPITALS INDUSTRIAL SEGMENTS HOTELS & EDUCATION BUILDINGS TRANSPORTATION 35% OF SALES IN NON-RESIDENTIAL & DATA CENTERS & ENERGY Mostly renovation & INFRA
Slide 79: Positioned to benefit from operating leverage on market recovery
SAINT-GOBAIN IS POSITIONED TO BENEFIT FROM OPERATING LEVERAGE ON EUROPEAN MARKET RECOVERY -13% + 270bps LEAN COST BASE AND DISCIPLINED VOLUMES1 EBITDA1 margin improvement COST MANAGEMENT 2024 vs. 2019 2024 vs. 2019 NO MAJOR GROWTH CAPEX needed to capture market rebound AN OPTIMIZED FOOTPRINT WITH AV
Slide 80: European country platforms leverage extensive leadership
EUROPEAN COUNTRY PLATFORMS LEVERAGE EXTENSIVE LEADERSHIP THROUGH COMPREHENSIVE CUSTOMER SOLUTIONS Growth opportunities France United Germany Poland Czech Republic Nordics Spain Italy Benelux Kingdom & Austria & Romania Saint-Gobain market position in light construction #1 #1 TOP 3 #1 #1 TOP 3 #1 #1
Slide 81: Undisputed leadership in France
UNDISPUTED LEADERSHIP IN FRANCE LEADING POSITIONS UNIQUE POSITIONING TO UNLEASH THE FULL WITHIN OUR ACTIVITIES POTENTIAL OF ENERGY-EFFICIENT RENOVATION INTERIOR EXTERIOR WE PROVIDE A 360° WE PROVIDE SOLUTIONS SOLUTIONS SUSTAINABLE OFFER TO SOLUTIONS FOR 400,000 > 80% of building projects eligible Cu
Slide 82: The only end-to-end solutions provider
THE ONLY END-TO-END SOLUTIONS PROVIDER CAPABLE OF UNIQUELY SERVING ALL TYPES OF CUSTOMERS WIDELY USED FULL SUITE OF >10 DIGITAL SERVICES BUILDING SCIENCE Providing SUMMER COMFORT studies to REDUCE BY 50% overheat duration 140,000 31,000 30,000 Enhanced by RE2020 latest environmental regulation simul
Slide 83: Italy & Spain outperforming through up-selling & cross-selling
ITALY & SPAIN’S COUNTRY PLATFORMS OUTPERFORMING THROUGH UP-SELLING & CROSS-SELLING UP-SELLING WITH ADDED-VALUE CROSS-SELLING OUR PRODUCTS & SYSTEMS FULL-RANGE OFFER 155 GREEN CERTIFIED PROJECTS within our specification pipeline, representing €100m sales potential Share of mono- and quadri-brand cust
Slide 84: Leading solutions provider for non-residential in UK & Ireland
THE LEADING SOLUTIONS PROVIDER FOR NON-RESIDENTIAL IN UK & IRELAND LEVERAGING OUR STRONG SOLUTIONS APPROACH UNLOCKING COUNTRY PLATFORMS ADDITIONAL GROWTH IN NON-RESIDENTIAL 2bn FULL OFFER FOR DATA CENTERS ~€ sales1 NON-RESIDENTIAL Acoustic ceilings Circularity +€ 80m sales targeted in UK & Ireland 1
Slide 85: Winning projects in non-residential & infrastructure
WINNING PROJECTS BY LEVERAGING UNIQUE VALUE PROPOSITION IN NON-RESIDENTIAL & INFRASTRUCTURE MARKET HOSPITALS DATA CENTERS HOTELS INFRASTRUCTURE FLAGSHIP PROJECT Lariboisière Hospital Echelon Data Center Hotel Atlantis the Royal Tresfjord Bridge Paris, France Arklow, Ireland Dubai, UAE Vestnes, Norwa
Slide 86: Growth in infrastructure leveraging construction chemicals platform
GROWTH IN INFRASTRUCTURE LEVERAGING OUR LEADING PLATFORM IN CONSTRUCTION CHEMICALS A LEADING PLATFORM IN LEVERAGING OUR SPECIALTY SOLUTIONS CONSTRUCTION CHEMICALS IN INFRASTRUCTURE PROJECTS € 3.6bn Comprehensive offer for RAILWAYS & TUNNELS High added-value products for all critical parts of WIND TU
Slide 87: Capitalizing on renewed investment in Central Europe
UNIQUELY POSITIONED TO CAPITALIZE ON THE RENEWED INVESTMENT DYNAMIC IN CENTRAL EUROPE STRONG LEADERSHIP IN COMPREHENSIVE SOLUTIONS TO CENTRAL & EASTERN EUROPE CAPTURE GERMAN STIMULUS PLAN 10% of Saint-Gobain global sales €500bn STIMULUS PLAN over the next 12 years €6bn1 per year for social housing a
Slide 88: Profitable growth ambitions in Turkey & the Middle East
STRONG PROFITABLE GROWTH AMBITIONS WITH OUR UNMATCHED COUNTRY PLATFORMS IN TURKEY & THE MIDDLE EAST STRONG LOCAL REINFORCED FOOTPRINT & STRONG COMPETITIVE POSITIONING DYNAMICS 21% Annual sales growth1 € 1bn Sales1 20% EBITDA margin1 LARGE AND GROWING URBAN POPULATIONS A unique construction chemicals
Slide 89: EMEA 2026-2030 targets
EUROPE, MIDDLE EAST AND AFRICA FULLY SET FOR PROFITABLE GROWTH LARGEST BUILDING MATERIALS COMPANY IN THE 2026-2030 TARGETS REGION with strong local positions across all segments, including GROWTH SPACES IN NON-RESIDENTIAL AND INFRASTRUCTURE STRONG AND WELL-ESTABLISHED COUNTRY 3 TO 5% SALES GROWTH1 P
Slide 90: Latin America
October 6, 2025 CAPITAL MARKETS DAY LATIN AMERICA CAMILLE HARRISSART Pacaembu Stadium, São Paulo, Brazil CEO Latin America Region
Slide 91: Well positioned to outperform the Latin American market
SAINT-GOBAIN IS WELL POSITIONED TO OUTPERFORM THE LATIN AMERICAN MARKET BRAZIL #1 platform: market outperformance thanks to our COMPREHENSIVE OFFER and UNIQUE REACH €3.6bn Sales1 ACROSS the FULL VALUE CHAIN ~18% EBITDA margin1 MEXICO: a GROWTH COMPOUNDER MODEL to be replicated across Central America
Slide 92: Leveraging Brazil's country platform
LEVERAGING BRAZIL’S COUNTRY PLATFORM TO ACCELERATE PROFITABLE GROWTH LARGE PORTFOLIO AND BROADEST REACH TO CUSTOMERS STRONG LEADERSHIP POSITIONS 42% UNIQUE # 1 X 3 EXTERIOR FOOTPRINT In Brazil vs. 2nd player3 CONSTRUCTION SOLUTIONS1 CHEMICALS Glazing 56 Plants Roofing Façade and cladding # 1 x2 RESE
Slide 93: Expanding presence in retail channels and specified projects
CONTINUING TO EXPAND OUR PRESENCE IN RETAIL CHANNELS AND SPECIFIED PROJECTS MAXIMIZE SHELF PRESENCE IN RETAIL FULL SOLUTIONS ACROSS ALL END-MARKETS Residential WHOLESALERS SPECIALIZED RETAIL Hotel RETAIL CHANNELS Shopping center Hospital School Volcar HC Parque Global - São Paulo Manacapuru, AM Pain
Slide 94: Shaping the market to maximize touchpoints across value chain
SHAPING THE MARKET TO MAXIMIZE ALL TOUCHPOINTS ACROSS THE VALUE CHAIN ADVOCATE DESIGN BUILD POLICY MAKER INVESTOR ARCHITECT CONTRACTOR DISTRIBUTOR INSTALLER National Union of Cement Saint-Gobain Sustainable Architecture and Products Industry Urban Design Award in Latin America 1 ST FAIR + 2,000 on l
Slide 95: Shaping the market towards high added-value products
SHAPING THE MARKET ACROSS THE VALUE CHAIN TOWARDS HIGH ADDED-VALUE PRODUCTS ADVOCATE DESIGN BUILD HIGH ADDED-VALUE PRODUCTS LIGHT & SUSTAINABLE CONSTRUCTION +20 points technical mortars Plasterboard annual Saint-Gobain market growth1 sales Index 11% vs. 15% Technical 45% (2019 = 100) 169 Saint-Gobai
Slide 96: Positioned to accelerate in Mexico
POSITIONED TO ACCELERATE IN MEXICO WITH OUR STRONG COUNTRY PLATFORM SUCCESSFUL INTEGRATION OF GROWING SOLUTIONS CROSS-SELLING IN GROWING RETAIL EXTERIOR INTERIOR CONSTRUCTION SOLUTIONS SOLUTIONS CHEMICALS Coated Admixtures Flooring FROM 70 TO 180 SKUs Glazing Plasterboard Waterproofing and façade Gl
Slide 97: Enriched offer to capture growth from high added-value products
ENRICHED OFFER TO CAPTURE GROWTH FROM EARLY ADOPTION OF HIGH ADDED-VALUE PRODUCTS PRODUCTIVITY SUMMER COMFORT READY-MIX MORTARS SOLAR CONTROL 18% Annual sales growth (2019-2024) 17% Annual sales growth (2019-2024) 50% of homes with potential to upgrade from High-rise construction & air conditioning
Slide 98: Expanding high-growth segments in non-residential and infrastructure
EXPANDING HIGH-GROWTH SEGMENTS IN NON-RESIDENTIAL AND INFRASTRUCTURE NON-RESIDENTIAL INFRASTRUCTURE Hotels Tunnels Transportation & energy infrastructure in Mexico in Chile and Peru in Brazil Waldorf Astoria, Cancún – Mexico Subway line 7 Project, Santiago – Chile Windmill Farm Minuano, Rio Grande d
Slide 99: Latin America 2026-2030 target
WELL POSITIONED TO CAPTURE LATIN AMERICA’S CONSTRUCTION GROWTH POTENTIAL 2026-2030 TARGET BRAZIL #1 platform: market outperformance thanks to our COMPREHENSIVE OFFER and UNIQUE REACH ACROSS the FULL VALUE CHAIN HIGH-SINGLE-DIGIT MEXICO: a GROWTH COMPOUNDER MODEL to be SALES GROWTH1 replicated across
Slide 100: Asia-Pacific
October 6, 2025 CAPITAL MARKETS DAY ASIA-PACIFIC SREEDHAR N. Amaryllis residence, Delhi, India CEO Asia-Pacific & India Region
Slide 101: Large opportunities to accelerate profitable growth in Asia-Pacific
SAINT-GOBAIN HAS LARGE OPPORTUNITIES TO ACCELERATE PROFITABLE GROWTH IN ASIA-PACIFIC Construction markets will CONTINUE TO GROW FAST, particularly in INDIA, AUSTRALIA & SOUTH-EAST ASIA € 5.3bn Sales1 Shaping the market with light & sustainable construction ~17% EBITDA margin1 LEVERAGING OUR STRONG C
Slide 102: Three growth drivers powering the market
THREE GROWTH DRIVERS POWERING THE MARKET FAVORABLE MACRO-ECONOMIC GROWING NEED FOR LIGHT & ENHANCED PURCHASING POWER INDICATORS SUSTAINABLE CONSTRUCTION GROWING URBAN POPULATION 7% ANNUAL GROWTH ENERGY EFFICIENCY ~60% of the world’s population in Asia’s middle-class population1 MOMENTUM IN AUSTRALIA
Slide 103: Leveraging India's outstanding country platform
LEVERAGING INDIA’S OUTSTANDING COUNTRY PLATFORM TO ACCELERATE PROFITABLE GROWTH TOP BRAND 100% brand awareness €1.6bn sales 1 (12% annual growth over past #1 ACROSS ALL decade) Indian Parliament – Central Vista Project (25 solutions) SOLUTIONS >20% EBITDA margin1 Saint-Gobain Research India with 300
Slide 104: Leveling up India's strong profitable growth
LEVELING UP INDIA'S STRONG PROFITABLE GROWTH Expand strong ~20k Increase partnership beyond distribution network to reach existing 140k influencers to drive DEEPEN Individual Home Buyers comprehensive range of solutions INFLUENCE IN 3x 2x TIER 2 & 3 CITIES influencer network consisting of fabricator
Slide 105: Leveraging Australia's strong country platform
Gyprock Trade Center: one-stop for the complete CSR range LEVERAGING AUSTRALIA'S STRONG COUNTRY PLATFORM TO ACCELERATE PROFITABLE GROWTH LEADERSHIP €1.1bn sales1 (~2x over the past decade) POSITION ~17% EBITDA margin1 #1 ICONIC BRAND IN THE 170 years in the Australian market MARKET STATE OF THE 31 m
Slide 106: Capturing profitable growth in Australia
CAPTURING PROFITABLE GROWTH IN AUSTRALIA Enrichment of offer with Saint-Gobain Increase presence portfolio Residential exterior claddings INCREASE PRESENCE IN HIGH-POTENTIAL SEGMENTS Gypsum system for external Sustainable decorative acoustics Construction chemicals cladding application & NEW SOLUTIO
Slide 107: Country platforms: growth accelerator in South-East Asia
Merdeka 118, Malaysia: Second tallest building in the world (16 Saint-Gobain solutions) STRONG COUNTRY PLATFORMS: A KEY GROWTH ACCELERATOR IN SOUTH-EAST ASIA STEEP GROWTH €0.7bn sales1 (~2.5x over past decade) TRAJECTORY ~16% EBITDA margin1 LEADERSHIP #1 in light & low carbon POSITION boards & premi
Slide 108: Growth outperformance through offer enrichment in South-East Asia
OPPORTUNITIES FOR GROWTH OUTPERFORMANCE THROUGH OFFER ENRICHMENT IN SOUTH-EAST ASIA EXTERIOR SOLUTIONS INTERIOR SOLUTIONS CONSTRUCTION CHEMICALS Growth Coated Low Carbon Acoustic Admixtures opportunities Plasterboard Insulation Flooring Waterproofing glass Cement Board Solution & Additives Malaysia
Slide 109: Presence in attractive niche segments in China
Upcoming 7th plasterboard line in South China to serve the renovation market PRESENCE IN ATTRACTIVE NICHE SEGMENTS IN CHINA PRESENCE IN €1.2bn sales1 INDUSTRIAL & (>50% sales across industrial solutions) RENOVATION MARKETS ~16% EBITDA margin1 >80% sales to the domestic market LOCAL-FOR- LOCAL 41 pla
Slide 110: Engaged, aligned & committed teams
ENGAGED, ALIGNED & COMMITTED TEAMS TO DELIVER PROFITABLE GROWTH Sreedhar N. Paul Dalton >50% of CSR employees subscribed to Saint-Gobain employee Top employer award for 8 consecutive years ownership program Ivana Ijaya Djie Lynette Siow Hai Nguyen Truong 94% engagement index in 95% of employees in M
Slide 111: Asia-Pacific 2026-2030 targets
ACCELERATING PROFITABLE GROWTH IN ASIA-PACIFIC 2026-2030 TARGETS Leverage our STRONG & PROVEN COUNTRY PLATFORMS Enhance reach of Saint-Gobain COMPREHENSIVE SOLUTIONS IN ALL END-MARKETS HIGH-SINGLE-DIGIT SALES GROWTH1 2pts Double the sales in CONSTRUCTION CHEMICALS + MARKET OUTPERFORMANCE CONTINUE VA
Slide 112: Capital Markets Day
October 6, 2025 CAPITAL MARKETS DAY
Slide 113: Disclaimer
DISCLAIMER This presentation contains forward-looking statements with respect to Saint-Gobain’s financial condition, results, business, strategy, plans and outlook. Forward-looking statements are generally identified by the use of the words "expect", "anticipate", "believe", "intend", "estimate", "p
Slide 114: Glossary
GLOSSARY - Changes in local currencies reflect actual performance, applying exchange rates for the previous period to indicators for the period under review. - EBITDA: operating income plus operating depreciation and amortization, less non-operating costs. - EBITDA margin: EBITDA divided by sales. -
Slide 115: Appendix
APPENDIX 115 CAPITAL MARKETS DAY – OCTOBER 6, 2025
Slide 116: 2024 end markets sales split
2024 END MARKETS 1 SALES SPLIT 7% 5% 7% 3% RESIDENTIAL NEW CONSTRUCTION 22% 8% 15% 8% 1% RESIDENTIAL RENOVATION 32% 11% 10% 9% 3% NON-RESIDENTIAL & INFRASTRUCTURE 33% 3% 2% 5% 3% INDUSTRY 13% NORTHERN SOUTHERN AMERICAS ASIA-PACIFIC EUROPE EUROPE - 29% 10% 29% ME & AFRICA 116 CAPITAL MARKETS DAY – OC
Slide 117: Europe, Middle East and Africa
EUROPE, MIDDLE EAST AND AFRICA SALES BY PRODUCT SEGMENT SALES BY END-MARKET 2024 2024 INDUSTRIAL SOLUTIONS INDUSTRY 9% INTERIOR 9% SOLUTIONS 28% RESIDENTIAL RENOVATION 37% 35% JOBSITE SOLUTIONS 41% & MERCHANTING 10% EXTERIOR SOLUTIONS 11% NON-RESIDENTIAL & 20% INFRASTRUCTURE CONSTRUCTION RESIDENTIAL
Slide 118: North America
NORTH AMERICA SALES BY PRODUCT SEGMENT SALES BY END-MARKET 2024 2024 INDUSTRIAL SOLUTIONS INDUSTRY 15% 15% RESIDENTIAL CONSTRUCTION INTERIOR RENOVATION CHEMICALS SOLUTIONS 32% SOLUTIONS 8% 36% 27% 41% NON-RESIDENTIAL & 26% INFRASTRUCTURE EXTERIOR RESIDENTIAL SOLUTIONS NEW CONSTRUCTION 118 CAPITAL MA
Slide 119: Latin America
LATIN AMERICA SALES BY PRODUCT SEGMENT SALES BY END-MARKET 2024 2024 INDUSTRIAL INTERIOR RESIDENTIAL SOLUTIONS SOLUTIONS INDUSTRY RENOVATION 19% 21% 19% 22% JOBSITE SOLUTIONS & MERCHANTING 7% 23% 28% 36% RESIDENTIAL 25% EXTERIOR NEW CONSTRUCTION CONSTRUCTION SOLUTIONS CHEMICALS SOLUTIONS NON-RESIDEN
Slide 120: Asia-Pacific
ASIA-PACIFIC SALES BY PRODUCT SEGMENT SALES BY END-MARKET 2024 2024 RESIDENTIAL RENOVATION 9% INDUSTRIAL SOLUTIONS INDUSTRY INTERIOR 31% SOLUTIONS 31% 37% RESIDENTIAL 30% NEW CONSTRUCTION 14% CONSTRUCTION 18% 31% NON-RESIDENTIAL & CHEMICALS EXTERIOR INFRASTRUCTURE SOLUTIONS SOLUTIONS 120 CAPITAL MAR