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Investor Presentaiton

12 SUPERIOR VALUE CREATION In US$m EBITDA +10% CAGR 53 -80 LTM 2023e KEY DRIVERS TO DELIVER SUPERIOR VALUE Above GDP growth driven by: Sustainable trends and fast-growing countries New developments (for nutrients, lithium and oil & gas process aids) Well-identified synergies estimated at US$15m by 2023 • • Cost synergies on raw materials purchasing Development synergies through commercial, technological and geographical complementarities Transaction multiple reduced to ~7x EBITDA after 4 years →Superior EBITDA to cash conversion (1) at around 60% ANOTHER STEP FORWARD TOWARDS ARKEMA'S 2020 AND 2023 TARGETS (1) Corresponds to free cash flow excluding exceptional capital expenditure divided by EBITDA PROPOSED ACQUISITION OF ARRMAZ ARKEMA INNOVATIVE CHEMISTRY
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