Evonik Industries : Roadshow Zürich (Baader Bank)

Evonik

Leading Beyond Chemistry

Company Presentation Q2 2022

Key messages Q2 2022

Q2 continues on strong Q1 level - Outlook for adj. EBITDA confirmed

Adj. EBITDA of €728 m in Q2 (+12% yoy) - pricing power intact

Specialty Additives and Smart Materials as basis for strong Q2 with higher earnings both yoy and qoq; Performance Materials with exceptionally strong spreads delivering a standout quarter

Outlook for adj. EBITDA between €2.5 and 2.6 bn confirmed;

with €1,462 m in H1, €2.6 bn well underpinned even assuming a successive economic slowdown in H2

Risks around gas supply prevailing,

tackled with up to 40% natural gas substitution in Germany through use of alternative energy sources

H1 FCF of -€106m burdened by ~€500 m higher NWC outflow yoy;

inflow in H2 expected to achieve ~30% cash conversion for the full year

2 August / September 2022 | Evonik Q2 2022 Company Presentation

Table of contents

1. Evonik at a glance
2. Strategy
3. Capital allocation & financial targets
4. Financials Q2 2022

3 August / September 2022 | Evonik Q2 2022 Company Presentation

Leading Beyond Chemistry - Our purpose

Evonik on the way to become a best-in-class specialty chemicals company

Video "We are Evonik"

Leading …

… Beyond …

… Chemistry

• Leading market positions in 80% of our business
• Leading key financial indicators
• Connecting skills and perspectives
• Develop solutions together with partners
• Sustainability key driver of growth
• Clear focus on specialty chemicals
• Target 100% specialty portfolio

4 August / September 2022 | Evonik Q2 2022 Company Presentation

Evonik well equipped as "Enabler of Sustainable Change"

Portfolio circled around our four "Sustainability Focus Areas"

ENSURE HEALTH

& WELL-BEING	DRUG DELIVERY SYSTEMS
	Advanced oral & parenteral
	drug delivery systems
	(e.g. mRNA LNP)

SPECIALTY ADDITIVES

for environmentally-friendly solutions, e.g. water-based artificial leather

	FIGHT
FUTURE MOBILITY	CLIMATE CHANGE
Lightweight solutions
Solutions for hybrid &
full battery cars

ECO-SOLUTIONS

Specialty peroxides solutions

Membranes for gas separation

CIRCULAR ECONOMY

Circular plastic & circular polyurethanes additive solutions

DRIVE

CIRCULARITY

BIO-BASED SOLUTIONS

Bio-based & fully biodegradable surfactants

Natural active cosmetics ingredients

SUSTAINABLE NUTRITION

Omega-3 fatty acids from natural marine algae

Gut health solutions

SAFEGUARD

ECOSYSTEMS

5 August / September 2022 | Evonik Q2 2022 Company Presentation