Slide 1: Brenntag
2 BRENNTAG
Slide 2: Q1 2025 Results: 1. Highlights Q1 2025
Q1 2025 Results 1. Highlights Q1 2025 Presentation
Slide 3: Highlights Q1 2025
Highlights Q1 2025 SALES EUR 4.1 bn +0.4% vs. PY (fx adj.) EPS EUR 0.93 Q1 2024: EUR 0.97 OPERATING GROSS PROFIT EUR 1.0 bn +2.1% vs. PY (fx adj.) BUSINESS ENVIRONMENT High economic & geo- political uncertainty Impacting business sentiment OPERATING EBITA EUR 264m +0.3% vs. PY (fx adj.) COST-OUT PRO
Slide 4: Q1 2025 Results: 2. Strategy update
Q1 2025 Results Presentation 2. Strategy update
Slide 5: Strategy update and economic environment
Q1 2025 Strategy update and economic environment &b Economic environment > Increased uncertainty in the first quarter 2025 > Anticipation of significant global tariff changes led to dampened business sentiment > Global tariffs environment remains highly dynamic with significant risk of economic slow
Slide 6: Q1 2025 Results: 3. Financial performance Q1
Q1 2025 Results Presentation 3. Financial performance Q1 2025
Slide 7: Operating EBITA bridges
Financials Q1 2025: Operating EBITA bridges” Operating EBITA growth inEURm J | 4 Q1 2024 FX translation M&A Organic contribution growth FX translation ll M&A contribution Q1 2025 BB Organic Growth Operating EBITA growth by division inEURm -1.2% -3.7% 3 a -18 0.3% | Q1 2024 Brenntag Brenntag Group an
Slide 8: Brenntag Specialties
Financials Q1 2025: Brenntag Specialties Operating EBITA growth vs. PY Life Science Material Science -2.9% +0.7% As Global end markets Global end markets y G CASE» & Construction vo) Nutrition Beauty & Care Electronics Note: All growth rates are adjusted for translational FX-effects » Coatings, Adhe
Slide 9: Brenntag Essentials
Financials Q1 2025: Brenntag Essentials Operating EBITA growth vs. PY NORTH AMERICA EMEA -14.0% -1.9% LATIN AMERICA APAC +533.3% +173.7% G) 9. Note: All growth rates are adjusted for translational FX-effects Positive volume developments offset lower Gross Profit per unit Operating Gross Profit of EU
Slide 10: Income statement
Financials Q1 2025: Income statement Sales 4,071.9 Cost of materials -3,052.4 Operating expenses -664.2 Depreciation -91.0 2043 Net income / expense from sp. items -11.3 Amortization -17.9 Financial result 42.4 EBT 192.7 EPS 0.93 a 10 Q1 2024 4,002.6 -3,018.2 984.4 -642.8 341.6 -81.9 259.7 -8.2 251.
Slide 11: OPEX bridge
Financials Q1 2025: OPEX bridge” Operating expense development inEURm 2.0% M&A and FX translation related expenses leading to cost increase against prior-year ~20 Underlying OPEX increase driven by general inflation, Organic OPEX particularly related to wage inflation ~-10m Cost-out measures contrib
Slide 12: Free cash flow
Financials Q1 2025: Free cash flow in EURm Q1 2025 Payments to acquire intangible assets and property, plant and equipment -60.3 A Working capita -84.0 Principal and interest payments on lease liabilities -47.7 Free cash flow 163.3 Working capital turnover (annualized)?) 7.6x a Based on average fx.
Slide 13: Outlook 2025
Outlook 2025 FY 2025 Outlook = Brenntag currently expects operating EBITA for 2025 to be in the lower range of the guidance STEUALE CHET provided in March 2025 (op. EBITA of EUR 1,100 m to 1,300 m2) = EUR/USD: ~1.05 (2024: ~1.08) Sa Tes Sensitivity (FY basis): Delta of EUR/USD +/- 1 cent = EUR ~ -/+
Slide 14: Dr. Christian Kohlpaintner, CEO; Thomas Reisten, CFO
Dr. Christian Kohlpaintner Thomas Reisten CEO CFO 1
Slide 15: Q1 2025 Results: 4. Appendix
Q1 2025 Results Presentation 4. Appendix
Slide 16: Segments
Financials Q1 2025: Segments inEURm Operating Gross Profit? Q1 2025 Specialties Life Science 209.1 Specialties Material Science 81.2 Specialties Other 47 Essentials EMEA 264.1 Essentials North America 377.9 Essentials Latin America 52.0 Essentials APAC 37.6 Essentials Transregional 2.9 Q1 2024 207.5
Slide 17: Cash flow statement
Financials Q1 2025: Cash flow statement inEURm Q1 2025 Q1 2024 Profit after tax 135.7 143.7 Effect from IAS 29 on profit/loss after tax 41 1.0 Depreciation & amortization 109.4 94.5 Income tax expense 57.0 61.3 Income taxes paid -§1.0 -62.6 Net interest expense 34.7 24.9 Interest paid -24.8 (thereof
Slide 18: Cash flow statement (continued)
Financials Q1 2025: Cash flow statement (continued) in EURm Q1 2025 Q1 2024 Proceeds from the disposal of consolidated subsidiaries and other business units less costs to sell - - Proceeds from the disposal of other financial assets - - Proceeds from the disposal of intangible assets and property, p
Slide 19: Working capital
Financials Q1 2025: Working capital in EURm Inventories 1,544.1 + Trade receivables 2,414.4 ./. Trade payables 1,787.7 Working capital (end of pe: 2,170.8 Working capital turnover (annualized)?) 7.6x a 2) Based on fx. effects as of end of respective reporting period and incl. M&A 19 31 Dec 2024 1,51
Slide 20: Balance sheet and maturity profile
Financials Q1 2025: Balance sheet and maturity profile in EURm MEU letpierta 31 Dec 2024 Financial liabilities 2,858.7 Lease liabilities 599.0 ./. Cash and cash equivalents 738.8 Net Debt 2,718.9 Equity 4,758.8 2,939.0 617.3 763.3 2,793.0 1.9x 4,762.0 a Operating EBITDA for the quarters calculated o
Slide 21: Financial calendar / contact
Financial calendar / contact Financial calendar Contact Follow us: in| May 22, 2025 August 13, 2025 Brenntag SE Annual General Half-Year Financial Report Corporate Investor Relations Meeting 6M 2025 Phone: +49 (0) 201 6496 2100 Fax: +49 (0) 201 6496 2003 November 12, 2025 Quarterly Statement E-mail:
Slide 22: Disclaimer
Disclaimer This presentation may contain forward-looking statements based on current assumptions and forecasts made by Brenntag SE and other information currently available to the company. Various known and unknown risks, uncertainties and other factors could lead to material differences between the