Slide 1: Full-Year 2021 Results
Full-Year 2021 Results Media presentation February 23, 2022 2021 Full Year Earnings
Slide 2: With you today
With you today Ilham Kadri Karim Hajjar Chief Executive Officer Chief Financial Officer Q1 2021 earnings
Slide 3: 3 years of transformation
3 years of transformation Transformative milestones and Our sustainability journey continues decisive actions built strong financial as we progress through concrete and cultural foundations actions G.R.O.W. Strategy One Planet Commit to 3 Growth platforms Portfolio simplification Carbon Reinvesting gr
Slide 4: Record 2021 full-year results
Record 2021 full-year results Emerging stronger on all fronts and exceeding full-year guidance Net sales EBITDA Free cash flow ROCE underlying continuing operations return on capital employed € 10.1 bn € 2.4 bn € 843 m 11.4% ● +17% organically vs 2020, ● New historical record ● Marking 11 quarters of
Slide 5: Q4 2021 Performance
Q4 2021 Performance Double-digit sales and EBITDA growth Net sales Underlying Free cash flow continuing operations EBITDA € 2.7 bn € 572 m € 150 m ● +22% organic vs 2020 , ● +24% organic vs 2020 ● Reflecting higher EBITDA +4% vs 2019 ● Price actions overcoming ● growth mainly driven by inflationary pre
Slide 6: Q4 2021 performance by segment
Q4 2021 performance by segment Materials +31% y/y organic Chemicals +37% y/y organic Underlying • Record sales levels in Specialty Polymers driven EBITDA • Exceptional performance in Coatis and Rusvinyl, driven primarily by automotive, EV battery and electronic by strong volumes and pricing markets
Slide 7: Making meaningful progress on the climate
Making meaningful progress on the climate Progress 2030 Target 2021 Comment versus 2018 targets Achieved 11% in aggregate versus 6.6% Paris Agreement -14% Reduce by 30% Align GHG emissions with Paris Agreement and SBTi (a) 11Mt -11% structural (-2.5%/yr) CLIMATE 27 Exit announced at Rheinberg in 202
Slide 8: Soda ash energy transition plans
Soda ash energy transition plans Biomass (Rheinberg, DE) GHG impact -4%* Stage 1 in 2021 Waste-To-Energy Stage 2 in 2025 (Dombasle, FR) GHG impact -2%* Coal to gas 2024 (Greenriver, WY, USA) Biomass GHG impact -2%* (Devnya, BG) Stage 1 2021 Biomass co-firing GHG impact -2%* Stage 2 2023 (Torrelavega,
Slide 9: ... and reinvesting for growth
… and reinvesting for growth Expansion of our US-based €300m investment in PVDF sulfone polymers business for EV batteries Addressing the growth potential Expanding capacity at Solvay's of our products in Taxaux site to answer growing high-performance life-saving and global demand in PVDF for life-s
Slide 10: 2022 Full-year outlook
2022 Full-year outlook Pricing actions expected to lead growth EBITDA Free cash flow underlying continuing operations to grow by to exceed mid-single € 650 m digits page 10 2021 Full Year Earnings
Slide 11: Q&A
Q&A Ilham Kadri Karim Hajjar Chief Executive Officer Chief Financial Officer Q1 2021 earnings
Slide 12: Follow up
Follow up media.relations@solvay.com Q1 2021 earnings