Solvay Investor Presentation — May 2024

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First quarter 2024 results

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 of factors, including general economic factors, interest rate and

foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product

development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes,

all-in scenario of R&D projects and other unusual items. Consequently, actual results or future events may differ materially

from those expressed or implied by such forward-looking statements.

Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results

could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any

forward-looking statements.

This document does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy, any securities.

Safety at the heart of our operations

RIIR (Reportable Injuries and Illness per 200,000 work hours)

H-RIIR RIIR43 3 324 4

Strong FCF supported by resilient EBITDA, cost and capex discipline

51. To Solvay shareholders from continuing operations

2. From continuing operations -12% organic -14% organic

22.1% EBITDA margin 1.4x leverage2 last 12 months

Underlying Net Debt ■ Capacity expansion in France, Italy linked to SOLVAir®

bicarbonate and in China for photovoltaic grade H2O2

■ New bio-based carbon neutral Augeo® for the Americas

■ New sustainable blowing agent Alve-OneⓇ

■ First cost savings initiatives already bearing fruit

■ Inaugural €1.5bn bond placement , strengthening our

balance sheet to drive us forward Key Q1 accomplishments

footwear, building and

construction, consumer

and currency) €1 201 m in Q1 2024

positive for the first time in 7 quarters 1,355 1,363

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