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Investor Presentaiton

Industry & Water - strong positions in chosen categories REVENUE AND OPERATIVE EBITDA EUR million 1,136 1,073 956 1,009 970 906 REVENUE BY APPLICATION TYPE AND MARKET GROWTH 75% Water treatment 15% 10% 175 192 131 116 114 107 2015 2016 2017 2018 2019 2020 2015-2016 figures are pro forma; combination of Municipal & Industrial and Oil & Mining segments Municipal Market growth* 3-4% Industrial Oil & Gas Other 6-8% 2-3% REVENUE BY GEOGRAPHIES AND MARKET GROWTH BY REGION 40% Americas 5% APAC REVENUE BY PRODUCT CATEGORY 15% Other products such as defoamers 50% Coagulants О and biocides 35% Polymers CUSTOMER EXAMPLES MUNICIPAL customer examples Amsterdam Los Angeles Barcelona Montreal New York City Toronto Frankfurt Berlin Oslo 3-4% 5-6% Paris Melbourne Shanghai INDUSTRIAL customer examples Carlsberg Orkla Chevron BRENNTAG BAKER HUGHES a GE company UNIVAR WATER TREATMENT MARKET ENVIRONMENT OIL & GAS Market share Market share ~25% in polymers used in shale oil & gas 55% EMEA ~30% in coagulants and ~20% in polymers Main competitors in coagulants: . . Feralco (Europe) Kronos (Europe) Chemtrade (NA) USAICO (NA) Kemira Main peers in polymers (also in water treatment): • • SNF Solenis* Market growth* 3-4% • Solvay (only O&G) * Solenis-BASF combined entity APRIL 27, 2021 *chemical market growth in 2021-2026 INVESTOR PRESENTATION Stockholm Singapore HALLIBURTON FRAC-CHEM Note: Revenue by industry, product and geography rounded to the nearest 5% 9
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