LSI Segment Divestment

Microbial Control Solutions Hygiene Very strong performance, driven by quarternary (quat) ammonium compounds and formulated products Significant long-term contracts secured Home & Personal Care Solid growth in preservation and laundry Long-term contracts secured with suppliers and customers Reduced market demand in Skin & Hair Care, and Food businesses Wood Protection Increased demand and new business picked up, leading to a strong performance Positive retail and Do It Yourself (DIY) business Paints & Coatings Negatively impacted by COVID-19 pandemic, especially in Dry-Film Application Material Protection Adverse market environment Increased demand in Oil & Gas and Metal Protection in H2 expected to continue into 2021 Crop Protection Lower global demand in Agro Specialties as a result of COVID-19, considered as a one-off event Geographical expansion to North America, LATAM and SEA 30

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