Slide 1: Q1 2026 results
Q1 2026 results Media conference call May 7, 2026
Slide 2: Philippe Kehren, CEO and Alexandre Blum, CFO
Philippe KEHREN Alexandre BLUM CEO CFO 2 Solvay Q1 2026 results – media presentation
Slide 3: Resilient first quarter 2026 performance
Resilient first quarter 2026 performance reflecting disciplined execution and progress on transformation 1 Underlying net sales Free cash flow Delivering structural savings € 997m € 26m through optimisation and operational excellence ↓ 9% org. normal seasonality Underlying EBITDA Underlying net debt
Slide 4: Performance by segment
Performance by segment Operational discipline supports resilient margins Net sales % org. EBITDA % org. Margins % yoy Global €997m -9% €219m -10% 22% -0.3pp Basic Chemicals €610m -7% €129m -17% 21% -2.9pp Performance Chemicals €387m -11% €84m -8% 22% +0.6pp 22% Basic Chemicals include the Soda Ash &
Slide 5: Middle East: manageable exposure - lower energy intensity
Middle East: manageable exposure Structural actions reduce sensitivity to energy and raw material shocks Lower energy intensity and energy mix transformation Energy consumption (GWh) • Energy consumption down 4% vs 2023, reflecting efficiency and volume effects • Fossil fuels down ~10%, with coal do
Slide 6: Middle East: manageable exposure - energy contractually protected
Middle East: manageable exposure Structural actions reduce sensitivity to energy and raw material shocks Most energy exposure is contractually protected Energy spend by region (2025) • Energy cost pass-through clauses embedded in customer contracts 6 Solvay Q1 2026 results – media presentation
Slide 7: Middle East: manageable exposure - limited oil and gas raw materials
Middle East: manageable exposure Structural actions reduce sensitivity to energy and raw material shocks Limited exposure to oil and gas-derived raw materials Raw material spend (2025) • Less than half linked to oil & gas derivatives • High level of vertical integration and local sourcing • Pass-thr
Slide 8: From data to competitive advantage
From data to competitive advantage Lower costs, stronger plants and a more sustainable footprint Advancing on our digital Advancing on our biodiversity transformation commitments From hundreds sensors in Roadmap recognized by 2024 to 9,000 by 2027 It’s Now for Nature • €105m cost-savings target with
Slide 9: Outlook 2026
2026 Outlook Underlying EBITDA Free Cash Flow Capex limited to to Solvay shareholders from continuing operations Between Minimum Maximum €770 million and €200 million €300 million €850 million Assu mi ng a 1.20 EUR/ USD exch an ge rate net of €90 million of transformation expenses 99 Solvay Q1 2026
Slide 10: Q&A
Q&A 10 Solvay Q1 2026 results – media presentation
Slide 11: media.relations@solvay.com
media.relations@solvay.com 11 Solvay Q1 2026 results – media presentation