Investor Presentaiton

Fully integrated across the value chain Ensures better control on supply chain, realizations and margins Key Raw Material Phenol Commodity chemical Versalis; Novapex CFS Europe Diphenols Eastman; Mitsui Hydroquinone Catechol Solvay/Rhodia; Ube Other CFS group entities¹ Shelf Life Solutions Ascorbyl Palmitate² Blends TBHQ Guaiacol BHA Performance Chemicals MEHQ Aroma Vanillin Veratrole Other derivatives of HQ Ethyl Vanillin Other derivatives of Catechol Fully integrated from diphenols to step down derivatives, antioxidant blends and Vanillin thereby reducing risk of supply chain disruptions 1 Includes products manufactured through contract manufacturing for CFS 2 Ascorbyl Palmitate is not a part of HQ/ Catechol value-chain and is manufactured from ascorbic acid CFS Camlin Fine Sciences 7

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