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Grow & Impact

VERY STRONG FREE CASH FLOW AND CONVERSION RATIO... (FREE CASH FLOW IN EM AND CONVERSION RATIO IN %) GROW & IMPACT 1,236 31% 2018 Launch of transformation 2,904 53% 2021 2018-2021 ■New cash culture Positive impact of change in the Group's profile ■ Optimization of capital expenditure Reduction in operating working capital requirement (operating WCR): decrease of 12 days' sales End of June 2022 Free cash flow of €1.7bn Free cash flow conversion ratio of 51% Delivered target of a FCF conversion ratio >50% AUGUST 2022 INVESTOR PRESENTATION 9 SAINT-GOBAIN
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