LSI Segment Divestment

Outlook 2021 Another year of low double-digit CER sales growth driven by sustained strong momentum across businesses CORE EBITDA margin improvement in-line with 2023 Mid- term Guidance trajectory Low double-digit CER sales growth Outlook assumes no significant adverse impact on demand and no major disruptions in supply chain or business operations from COVID-19 CORE EBITDA margin improvement in-line with Mid-Term Guidance CORE definition: See appendix 33

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