Slide 1: Brenntag
> BRENNTAG
Slide 2: Strengthening Brenntag's Focus on Business and Sales
Strengthening Brenntag’s Focus on Business and Sales I Sales - Capture Growth Opportunities Through Market Proximity Clarity & Simplification - Two Strong and II, Differentiated Divisions within Brenntag with Simplified Structure for Increased Agility, Faster Decisions and Clear Accountability TTT E
Slide 3: Q3 2025 Key Priorities
Q3 2025 Key Priorities Empowering Brenntag - Simplified, Agile and Focused on Sales I. Sales Improve Market and Customer Closeness I. Clarity and Simplification Reinforce Commercial Focus and Simplify Structure to Speed up Decision-making Key Actions & Outcomes Improvement of sales as a key priority
Slide 4: Summary Q3 2025 - Trading Update
Summary Q3 2025 - Trading Update A 4 Operating EBITDA EUR 330 m down 6.7% vs. PY* Operating EBITA EUR 243 m down 9.2% vs. PY* Sales EUR 3.7 bn down 4.7% vs. PY* Operating Gross Profit EUR 947 m down 3.1% vs. PY* Operating Gross Profit Margin 25.5% vs. 25.0% PY Operating EBITDA Margin 8.9% vs. 9.1% P
Slide 5: Sales Development Group and Divisions
Financials Q3 2025: Sales Development Group and Divisions Brenntag Group Brenntag Essentials Brenntag Specialties Key developments Sales Sales Sales ro) po) 2 * Subdued global economic demand = Ongoing geopolitical tensions in Ukraine and the Middle East = Impact of US tariff policy and responses fr
Slide 6: Sales Development BES and BSP Divisions
Financials Q3 2025: Sales Development BES and BSP Divisions Sales vs. PY EMEA NORTH AMERICA — LATIN AMERICA APAC LIFE SCIENCE MATERIAL SCIENCE - 7.4% - 4.0% + 42.4% - 26.0% - 3.9% -6.1% = Positive volume development in Latin America, other regions with Pressure on overall demandin our Life Science s
Slide 7: Income Statement Development
Financials Q3 2025: Income Statement Development Bridge from Op. Gross Profit to Op. EBITAY -3.1% ‘ sia -6.7% - 9.2% 10” = M&A: +10 + Underl OPEX: +10 F) 4.08 2025 YoY fa = _OPEX cost-out:- 30 OPEX: 617 0.03 2025 YoY + FX-14 + MBA: +65 + Org. Growth:- 29 Op. Gross Profit OPEX excl. Cost-out Op. EBIT
Slide 8: Free cash flow
Financials Q3 2025: Free cash flow As in EURm Operating EBITDA 330.2 Payments to acquire intangible assets and -718 property, plant and equipment ° 4 Working capital) 97.8 Principal and interest payments on lease areas -40.6 liabilities Free cash flow 315.6 Working capital turnover (annualized)?) 7.
Slide 9: Outlook 2025
Outlook 2025 FY 2025 Outlook Operating EBITA = Towards the lower end of EUR 950 million to EUR 1,050 million”) CAPEX = EUR ~200 million 2025 Outlook Overview March 2025 May 2025 July 2025 Operating EBITA EUR EUR EUR 1,100-1,300 million 1,100-1,300 million 950-1,050 million (lower range) CAPEX EUR ~3
Slide 10: Appendix
P, BRENNTAG
Slide 11: Income statement
Financials Q3 2025: Income statement in EURMm / 8.2025 | Q3 2024 A AFX adjusted Sales 3,718.2 4,068.8 - 8.6% -4.7% Cost of materials -2,771.0 -3,049.6 -9.1% - 5.3% 947.2 1.019.2 -7.1% -3.1% Operating expenses - 617.0 - 648.4 -4,8% - 1.0% 330.2 370.8 -11.0% -6.7% Depreciation - 87.2 - 89.7 - 2.8% 1.0
Slide 12: Segments
Financials Q3 2025: Segments in EURm Operating Gross Profit) | copes) Q3 2024 Specialties Life Science 187.8 205.6 Specialties Material Science 78.3 84.4 Specialties Other 3.6 5.0 Essentials EMEA 237.6 256.8 Essentials North America 359.3 389.4 Essentials Latin America 49.5 38.4 Essentials APAC 28.4
Slide 13: Cash flow statement
Financials Q3 2025: Cash flow statement in EUR 98 2024 Profit after tax 114.3 120.0 Effect from IAS 29 on profit/loss after tax 0.5 -0.6 Depreciation & amortization 100.7 129.3 Income tax expense 67.1 29.6 Income taxes paid -31.5 - 68.2 Net interest expense 33.0 36.2 Interest paid - 38.6 (thereof in
Slide 14: Cash flow statement (continued)
Financials Q3 2025: Cash flow statement (continued) Proceeds from the disposal of consolidated subsidiaries and other business units less costs to sell - - Proceeds from the disposal of other financial assets 0.1 - Proceeds from the disposal of intangible assets and property, plant and equipment 3.0
Slide 15: Working capital
Financials Q3 2025: Working capital Inventories 1,412.0 + Trade receivables 2,210.6 ./. Trade payables 1,671.2 Working capital turnover (annualized)? 7.3x a 2) Based on fx. effects as of end of respective reporting period and incl. M&A 15 30 Jun 2025 1,479.4 2,300.4 1,634.2 2,145.6 7.4x 31 Mar 2025
Slide 16: Balance sheet and maturity profile
ra) Balance sheet and maturity profile in EUR m?) Eurobond & Euraleomel . Promissory Note inEURm RUE) leyis 31 Dec 2024 Financial liabilities 2,697.5 2,939.0 Eurobond Eurobond Promissory Lease liabilities 533.7 617.3 Note ./. Cash and cash equivalents 691.5 763.3 580 600 500 Net Debt 2,639.7 2,793.0
Slide 17: Income statement 9M 2025
Financials 9M 2025: Income statement in EURMm fo 2028 | 9M 2024 A AFX adjusted Sales 11,659.5 12,247.7 -48% - 2.8% Cost of materials - 8,718.5 - 9,216.2 - 5.4% -3.4% 2,941.0 3,031.5 - 3.0% -0.9% Operating expenses - 1,921.5 - 1,933.1 - 0.6% 1.4% 1,019.5 1,098.4 -7.2% - 5.0% Depreciation - 265.8 - 26
Slide 18: Segments 9M 2025
Financials 9M 2025: Segments Operating Gross Profit) inEURm Specialties Life Science 693.8 Specialties Material Science 238.0 Specialties Other 11.1 Essentials EMEA 732.8 Essentials North America 1,106.4 Essentials Latin America 148.3 Essentials APAC 102.2 Essentials Transregional 8.4 ; 621.5 247.8
Slide 19: Operating EBITA bridges
Financials Operating EBITA bridges” Operating EBITA growth by division, Q3 2025 Operating EBITA growth by division, 9M 2025 inEURm inEURm -14.2% - 8.0% -9.2% -7.8% == 14 -9 a —_ Q3 2024 Brenntag Brenntag Group and Q3 2025 9M 2024 Brenntag Brenntag Group and 9M 2025 Specialties | Essentials Regional
Slide 20: Cash flow statement 9M 2025
Financials 9M 2025: Cash flow statement in EURMm 9M 2024 Profit after tax 415.0 Effect from IAS 29 on profit/loss after tax -0.2 Depreciation & amortization 329.7 Income tax expense 155.6 Income taxes paid -185.9 Net interest expense 93.6 Interest paid - 87.0 (thereof interest paid for leases) (- 16
Slide 21: Cash flow statement (continued) 9M 2025
Financials 9M 2025: Cash flow statement (continued) inEURm 9M 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, plant and equi
Slide 22: Free cash flow 9M 2025
Financials 9M 2025: Free cash flow Payments to acquire intangible assets and property, plant and equipment - 198.1 4 Working capital) - 59.6 Principal and interest payments on lease liabilities - 130.0 ) 22. »Based on average fx. rate excl. M&A 9M 2024 1,098.4 - 222.2 - 165.2 -1314 579.6 Aabs -78.9
Slide 23: Financial calendar / contact
Financial calendar / contact Financial calendar Contact Follow us: in| March 12, 2026 May 13, 2026 Brenntag SE Annual Report Q1 Interim Statement Corporate Investor Relations FY 2025 2026 Phone: +49 (0) 201 6496 2100 Fax: +49 (0) 201 6496 2003 May 20, 2026 August 12, 2026 Annual General Meeting Half
Slide 24: 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