Slide 1: Ordinary General Shareholders' Meeting
Ordinary General Shareholders’ Meeting May 12, 2026 Philippe KEHREN CEO
Slide 2: Safety at the heart of our operations
Safety at the heart of our operations 0.5 15 0.45 13 0.4 0.33 0.33 11 0.35 0.30 0.31 0.30 0.29 0.29 9 0.3 0.27 0.24 0.25 7 0.2 4 4 5 0.15 3 3 3 3 0.1 1 1 0.05 0 0 1 0 -1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2024 2024 2024 2024 2025 2025 2025 2025 2026 High severity reportable injuries Reportable Injury Rate
Slide 3: Executing our strategy
EXECUTING OUR STRATEGY SOLVAY
Slide 4: Executing our strategy
Energy transition 2024-2025 on track Executing People engagement Transformation Energy transition our strategy New culture and purpose Digitalization Cost savings on track ~80% €211m delivered Coal phase out engagement rate in 2 years in the US and Germany High growth Capital structure Solid cash ge
Slide 5: Solvay Teams
Solvay Teams
Slide 6: Our strategic levers
Our strategic levers Operational Accelerate the Process Production excellence energy transition innovation Capacity Grow with High potential the market opportunities Continuous Shift from fossil- New technologies Capacity Capture progress and based energy to or process expansion, opportunities in op
Slide 7: Digital transformation in shop floor activities
Digital transformation in shop floor activities Condition Based Monitoring Raw Material & Energy Performance Mgt from reactive and preventive to condition-based maintenance 9,000+ IoT sensors by 2027 €37 million potential plant variable cost savings by 2027 Group wide deployment, scaling from 4,500+
Slide 8: Accelerating our Energy transition
Accelerating our Energy transition First electrical furnace to produce silicate in Collonges, France Shift away Eliminating SOx from fuel-based and reducing furnace NOx -50% Using competitive Targeting -20% decrease and low-carbon of CO2 emissions French electricity for the site 8
Slide 9: Process innovation
Process innovation Reinventing our processes for more sustainable products Circular Silica Bio-circular silica from rice husk as the first milestone of a global circular silica strategy Europe’s first bio-circular Worldwide circular silica from silica facility certified waste sand • Derived from ric
Slide 10: Growing with the market
Growing with the market Expanding soda ash capacity while reducing GHG emissions in Green River, USA Highly competitive natural Deployed alongside soda ash production Regenerative thermal oxidation breakthrough technology contributing to reduce the site Supporting customers emissions by 20% long-ter
Slide 11: High Potential opportunities
High Potential opportunities High-purity electronic grade hydrogen peroxide capacity expansion at our Zhenjiang facility in China Doubling Zhenjiang Meeting soaring production capacity demand from for electronic grade semiconductor hydrogen peroxide industry Ultra-pure chemical Rare advanced experti
Slide 12: 2025 Performance & 2026 Outlook
02 2025 PERFORMANCE & 2026 OUTLOOK
Slide 13: For Generations
For Generations Tracking good progress towards our sustainability ambitions Progress 2021 2024 2025 Targets vs 2021 Scope 1 & 2 GHG emissions (Mt) 1 9.1 7.6 6.4 -29% -30% by 2030 ; carbon neutrality by 2050 Scope 3 GHG emissions (Mt)2 13.2 12.1 11.5 -13% -20% by 2030 for focus 5 categories Coal phas
Slide 14: Full year 2025 results
Full year 2025 results Strong free cash flow delivery in a challenging environment €4.3bn €881m €350m €1.6bn 14% Underlying Underlying Underlying NET SALES EBITDA FREE CASH FLOW1 NET DEBT ROCE -6% (organic basis) -13% (organic basis) Stable vs 2024 20.7% margin 1.8x leverage 1. To Solvay shareholder
Slide 15: Committed to our Capital allocation policy
Committed to our Capital allocation policy PRIORITY Essential CAPEX 01 HSE and maintenance Energy transition €250-300 million per year Incl. €25-€35m energy transition ~€240m in 2025 PRIORITY Dividends 02 ‘Stable to increasing’ policy €254 million in 2025 PRIORITY Additional 03 Priority: investments
Slide 16: Q1 2026 results
Q1 2026 results Showcasing resilience in a difficult macro environment €997m €219m €22m €26m €1.7bn Underlying Underlying Underlying NET SALES EBITDA COST SAVINGS FREE CASH FLOW1 NET DEBT -9% (organic basis) -10% (organic basis) €233m since 2024 normal seasonality 2.0x leverage 21.9% margin 1. To So
Slide 17: 2026 guidance
2026 Underlying EBITDA Free Cash Flow 2 Capex limited to Between Minimum Maximum €770 million and €200 million €300 million €850 million1 1 Assuming a 1.20 EUR/USD exchange rate 2 Free Cash Flow to Solvay shareholders from continuing operations The guidance for 2026 is net of €90 million of transfor
Slide 18: Essential Chemistry, more relevant than ever
ESSENTIAL CHEMISTRY, more relevant than ever Essential to our DAILY life Essential TODAY, essential TOMORROW 18
Slide 19: Thank you
THANK YOU Visit solvay.com Visit solvay.com Contact media relations Contact investor relations 19