Solvay Investor Presentation — February 2020

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February 26th, 2020 Full Year 2019 Results 1Webcast

2 February 26th, 2020 Full Year 2019 ResultsIFRS 16hasbeen implemented intheGroup’s financial statements since January 1,2019.Comparative information forthefirstquarter of

2018 inthebusiness review ispresented onanunaudited proforma basis asiftheimplementation hadtaken place onJanuary 1,2018.This

information islabelled “proforma” or“PF”.Thebalance sheet evolution iscompared withJanuary 1,2019,which includes theIFRS 16impact

versus December 31,2018.

Besides IFRS accounts, Solvay also presents underlying Income Statement performance indicators toprovide amore consistent and

comparable indication oftheGroup’s financial performance .Theunderlying performance indicators adjust IFRS figures forthenon-cash

Purchase Price Allocation (PPA) accounting impacts related toacquisitions, forthecoupons ofperpetual hybrid bonds, classified asequity

under IFRS buttreated asdebtintheunderlying statements, andforother elements thatwould distort theanalysis oftheGroup’s underlying

Thispresentation maycontain forward -looking information .Forward -looking statements describe expectations, plans, strategies, goals, future

events orintentions .Theachievement offorward -looking statements contained inthispresentation issubject torisks anduncertainties

relating toanumber offactors, including general economic factors, interest rateandforeign currency exchange ratefluctuations, changing

market conditions, product competition, thenature ofproduct development, impact ofacquisitions anddivestitures, restructurings, products

withdrawals, regulatory approval processes, all-inscenario ofR&Dprojects andother unusual items .

Consequently, actual results orfuture events may differ materially from those expressed orimplied bysuch forward -looking statements .

Should known orunknown risks oruncertainties materialize, orshould ourassumptions prove inaccurate, actual results could varymaterially

from those anticipated .TheCompany undertakes noobligation topublicly update orrevise anyforward -looking statements .

Thisdocument does notconstitute anoffer tosell,orthesolicitation ofanoffer tosubscribe fororbuy,anysecurities .Forenote

February 26th, 2020 Full Year 2019 Results 3Focus on cost, cash and customers in a challenging macro environment2019 Financial results

EBITDAFYFREE CASH FLOW

toSolvay Shareholders

from continuing operations

Price partly offsets volumesForeign exchange

offsets 2.8% decreaseDisciplined focus

delivers solid results

Q4: €2,440 m Q4: €525 m Q4: €261 m€10 bn€2.3 bn€606 m

February 26th, 2020 Full Year 2019 Results 4Strategic update