H1 2021 Results and Outlook

2021 PRIORITIES Continue our initiatives focused on profitability and performance: maintain robust margins and strong free cash flow generation Constant focus on the price-cost spread amid strong inflation in raw material and energy costs Reduction in costs as part of post-coronavirus adaptation measures ■ Reinforcement of the operational excellence program ■ Maintaining the structural improvement in operating working capital requirement ■Capital expenditure of around €1.5 billion and ongoing digital transformation ■Continued reduction in non-operating costs 34/ For full-year 2021, the Group is now targeting a very strong increase in operating income to a new all-time high, with like-for-like operating income in second-half 2021 close to the previous record of second-half 2020 H1 2021 RESULTS AND OUTLOOK SAINT-GOBAIN

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