Slide 1: First Quarter 2022 Results
First Quarter 2022 Results Media presentation May 4, 2022 First Quarter 2022 Earnings
Slide 2: With you today
With you today Ilham Kadri Karim Hajjar Chief Executive Officer Chief Financial Officer First Quarter 2022 Earnings
Slide 3: Q1 2022 performance hits new records
Q1 2022 performance hits new records Net sales EBITDA Free cash flow ROCE underlying continuing operations return on capital employed € 3.1 bn € 712 m € 216 m 12.3% ● Record level ● Record level ● Marking 3 years of positive ● Record level cash generation ● +20.1% organically yoy ● +26% organically y
Slide 4: Pricing momentum accelerated in 2022
Pricing momentum accelerated in 2022 Variable costs price index development Solvay pricing evolution in € million in € million -44 -466 -369 +25 +441 +475 €475m in price overcame €369m of inflationary costs First Quarter 2022 Earnings
Slide 5: Q1 2022 performance by segment
Q1 2022 performance by segment Materials +21% Solutions +35% • Specialty Polymers sales increased significantly to a new • Novecare increased significantly driven by pricing and volume record, reflecting continued strong demand in all markets, growth in agriculture, coatings, and home & personal care.
Slide 6: 2022 Full-year outlook increased
2022 Full-year outlook increased EBITDA Free cash flow underlying continuing operations to grow by to exceed mid-to-high € 650 m single digit previously mid-single digit Organic growth page 6 First Quarter 2022 Earnings
Slide 7: Investing in our climate transition
Investing in our climate transition 36 energy transition projects -2.5 megatons of CO2 annually, eq. of taking 1.4 million cars off the road First Quarter 2022 Earnings
Slide 8: Renewable Materials & Biotechnology
Renewable Materials & Biotechnology Ready to transform how chemistry is designed Renewable carbon Biotechnology Biodegradability 4th growth platform to: accelerate the delivery of key initiatives that will significantly increase the share of renewable carbon in Solvay’s product offering identify and
Slide 9: We are 'Fit'… …and ready to Change the Game
We are ‘Fit’… …and ready to Change the Game • Every business is delivering CHEMICALS €3,357m net sales Resilient CASH • Strong financial foundation established €4.1bn net sales in 2021 • Best-in-class business leaders SOLUTIONS • Decisive, unified culture, with proven €3,838m net sales record in overc
Slide 10: Q&A
Q&A Ilham Kadri Karim Hajjar Chief Executive Officer Chief Financial Officer First Quarter 2022 Earnings
Slide 11: Follow up with media.relations@solvay.com
Follow up with media.relations@solvay.com Using street art to promote biodiversity Solvay partnered with the United Nations Decade for the Restoration of Ecosystems and the non-profit Street Art for Mankind to produce the 40-meter-high mural in Brussels pictured on the front of this presentation. The