Grow & Impact slide image

Grow & Impact

STILL LARGE UNMET DEMAND IN CONSTRUCTION MARKETS In '000 units Housing shortage 7.3% 4.1% 4.2% 3.2% 2.7% 1.6% 12.5% 0 0 GROW & IMPACT Housing starts much lower than peak -12% -21% -23% 670 3,800 160 1,200 331 150 1,800 -87% Housing shortage, as % of housing stock1 Housing starts in 2021 vs. previous peak 1. Estimate for 2020 by Freddie Mac & Housing Europe, Scotiabank 2021 2. UK: vs. 2006 | France: vs. 2006 | USA: vs. 2005 | Spain: vs. 2006 - sources: Euroconstruct | French Ministry of ecological transition and territorial cohesion | Oxford Economics AUGUST 2022 INVESTOR PRESENTATION 19 SAINT-GOBAIN
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