Slide 1: Nine Months 2020 Results
“A Nine Months 2020 Results
Slide 2: Forward-looking statements disclaimer
This presentation may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this presentation is subject to risks and uncertainties relating to a number
Slide 3: COVID-19 measures and safety for employees
100 Measures in pl Colleagues infected with Safety measures for all our employees COVID-19 10,000 employees working remotely oO | suL | AUG |sEP | oct Millions of masks and hydroalcoholic gel secured for our people 400 Business travel banned, except for critical customer needs 300 100 “iy: 237 “Al:
Slide 4: Free cash flow
801. FREE CASH FLOW! @ Disciplined working capital e Structural improvements e More than double prior year ‘FCF to solvay shareholders, continuing operations <6.8.. “1,481.
Slide 5: Trends by end market
= SOLWAY <= Trends by end market % Solvay End Market annual Solvay Q3 2020 trends sales 2019 Building & Construction/Industrial Demand improvement in flat glass for construction (Sept) Automotive 14% Growth in EV battery applications & silica for tires (Sept) Food/Agro/Feed 12% Growth in Agro; vanil
Slide 6: Materials Q3 2020 performance
Materials PS OQ3 2020 performance | sony Net sales EBITDA EBITDA % Net Sales by End-Market y/y organic y/y organic margin Materials* | Group Automotive & Aerospace 55% 25% Market Drivers Performance Highlights Industrial Applications 11% 19% © Significant reduction in civil aircraft ° Lower volumes
Slide 7: Chemicals Q3 2020 performance
Chemicals Q3 2020 performance Net sales EBITDA ks EBITDA y/y organic y/y organic margin Market Drivers Performance Highlights * Increased demand for flat glass used * Volume declines, offset partly by price in construction offset by lower demand for container glass * Cost mitigation measures support
Slide 8: Solutions Q3 2020 performance
Solutions Ss Q3 2020 performance sw Net sales EBITDA 1 8. EBITDA % Net Sales by End-Market yy organic y/y organic margin Solutions* Group Resources & Environment 24% 14% Market Drivers Performance Highlights Industrial Applications 23% 19% * Growth in home & personal care, * Sequential improvement i
Slide 9: Strong free cash flow generation
Strong free cash flow generation Driven by disciplined working capital management & cost saving programs First Nine Months 2020 1,481 -411 Capex Underlying EBITDA Year over year levers “315 “ EBITDA Capex A Yoy A page 9 159 == Working capital 408 Working capital A -227 Provisions 56 ot Provisions A
Slide 10: Cost savings measures nine months 2020
Nine months 2020 Restructuring €62m Indirect Spend €51m Productivity Efficiencies €17m Furloughs Salary freeze & reductions Discretionary costs FY 2020 estimate €150m Structural measures 2020 Temporary measures 2020
Slide 11: 2030 Solvay One Planet goals
2030 Solvay One Planet goals 10 ambitious objectives to reduce our global impact 5 SOLWAY = CLIMATE Align GHG with ely Phase Reduce Be . Paris Agreement @ e) out coal negative pressure : ) & commit to SBTi on biodiversity Fight against = climate crisis Reduce by 30% (-2%/y) Achieve 100% 30% reductio
Slide 12: Innovations aligned with sustainable growth
Innovations aligned with sustainable growth page 12 ActizonsW Disinfection That Lasts Home & Personal Care Unique and proprietary technology for Long Lasting Disinfecting Surface Cleaners Solvay Inside® Sustainable Polymers Fluorosurfactant free polymers for industrial applications First nine months
Slide 13: Outlook for full year 2020
Outlook for full year 2020 Costs EBITDA* Cash e S = SOLVAY Cost savings of ~ In a range between Free cash flow €300m gross €1,890 and €1,970m around ~€900m including 50% structural +50% vs 2019 cost reductions Remain focused on cost, cash, and customers *Barring further deterioration related to a se
Slide 14: Delivering on what we can control
= SOLWAY ¢& Delivering on what we can control ... e Consistent strong Free Cash Flow generation e Accelerated delivery of cost measures e Deleveraging pensions and debt e — Simplifying the portfolio . positions us to emerge stronger
Slide 15: Q&A
Q&A S SOLVAY Progress beyond Yfnoh*® solvay.com
Slide 16: Thank you.
Thank you. Progress beyond Investor Relations Shareholders services investor.relations@solvay.com shareholders@solvay.com Rue de Ransbeek, 310 Rue des Champs Elysées, 43 1120 Brussels, Belgium 1050 Brussels, Belgium Ovfnols% solvay.com