SOLVAY
a science company 
with ESG at its core
Dr. Ilham Kadri, 
Chairman of the Executive Committee & CEO
October 2, 2020

ESG Webinar 2020
Forenote
This presentation may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events 
or intentions. The achievement of forward-looking statements contained in this presentation is subject to risks and uncertainties relating to a number 
of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product 
competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval 
processes, all-in scenario of R&D projects and other unusual items. Consequently, actual results or future events may differ materially from those 
expressed or implied by such forward-looking statements. 
Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from 
those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
This document does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy, any securities.

ESG Webinar 2020
page 3
We are   essential
Responding to 
society needs during 
the COVID-19 crisis 
HAND 
SANITIZER
PROTECTIVE 
EQUIPMENT
TEST KITS
VENTILATORS
MEDICAL DEVICES
ANTIMICROBIAL 
CLEANING 
SOLUTIONS
DIALYSIS & 
HEMODIALYSIS

ESG Webinar 2020
1
Environment - Today and 
Tomorrow
Social - Today and Tomorrow 
Agenda
page 4
A look back - portfolio evolution 
toward sustainable solutions
2
3
Agenda
Our commitment to strong Governance 
4

ESG Webinar 2020
...2011
2016
2018
2020
Portfolio evolution towards more 
sustainable solutions
Inovyn
PVC
Acetow
ﬁlters
Polyamides
Rhodia
Cytec
4 clusters
16 GBUs
3 clusters
10 GBUs
2014
Manufacturing Footprint
CHALLENGED
NEUTRAL
SUSTAINABLE 
SOLUTIONS
Market Demand
page 5
15%  
7%  
 33% 
52%  
50%  
30%  
Better sustainability 
contribution to our 
customers 
Lower operations 
environmental 
impact 
Chemlogics

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Environment 
from ESG

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TODAY’s sustainable solutions for customers    
page 7
*One solution may have more than one impact
€2.2Bn
of sales reducing our 
customers overall 
climate impact
€3.5Bn
of sales reducing 
world resources 
consumption
€2.7Bn
of sales improving 
society’s quality 
of life 
CLIMATE
RESOURCES
BETTER LIFE

ESG Webinar 2020
 
 
.... for Cleaner Mobility...
page 8
for lithium-ion 
batteries 
Solef® 
PVDF 
SW Premium 
Range®
for sustainable 
tires
-1.67 Mt CO2 *
-16 Mt  
- 87 kt * 
CO2 
emissions/year 
*natural rubber savings in use 
phase thanks to Solvay Silica
ESG Webinar 2020
~30% CAGR 
hybrid & electric 
vehicles in 10yr
Move toward hybrid 
vehicles doubles Solvay’s  
polymer content
GLOBAL 
TRENDS
Regulations driving 
CO2 reductions
GLOBAL 
TRENDS
* use phase assuming 
decarbonized electricity

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… for Cleaner Mobility
page 9
lightweighting, fuel-efﬁciency 
44-65% less maintenance hours than aluminium
50% “CO2 cut by 2050” enabler
GLOBAL TRENDS
<10 to 25% composites by weight on narrow-bodies;
Up to 50% composites by weight on wide-bodies
 
Up to -25%
Up to - 79 Mt* 
In * in use phase
Fuel consumption 
For aero 
structures
CYCOM® 
Halar®  
for the LEAP engine 
The voice for clean 
technologies
Solar Impulse
 
CO2 emissions by 15% 
versus traditional engines.

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-99%
SOx, HF 
& HCI emissions
 
… for Healthcare and Clean Air
page 10
To convey blood for dialysis
Udel® & VERADEL®
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Medical polymers to grow >6% in short-term
Medical implants to grow at 7% CAGR in short-term
Polymers recycling in loop
Service model in link with medical equipment 
lifetime extension
GLOBAL 
TRENDS
Patients with 
kidney failure/yr
3 million
1.5 million
Intensive 
care patients/yr
To ﬁlter the blood in dialysis
Bicar®
Solutions for 
air emissions control
SOLVAir®
People die from 
air pollution/y
7 million
88%+
Energy 
conversion
+4% 
Growth 
in 
water 
treatment 
over the next 5 year
Ever-stricter regulations 
Innovations for more efﬁcient processes and more 
competitive products
GLOBAL 
TRENDS

ESG Webinar 2020
 
 
… and for Nutrition 
page 11
our natural based 
alternative to 
natural vanillin
Rhovanil® 
Natural CW 
AgRHO® 
S-BoostTM
our bio-based biostimulant 
for plant growth 
and increased yield
Improvement yield
100% vegetable origin
Waste valorisation
3%
-13%
fertilizer
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Ensure global food security
Strong shift in consumer behavior towards bio-based 
solutions for better quality of food
Natural 
vanillin 
to 
grow 
>10% 
CAGR 
by 
2024
Biostimulant 
market 
to 
grow 
>10% 
CAGR 
by 
2024
Use of renewable raw materials from dedicated crops & scraps
GLOBAL TRENDS

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v
BOLDER & FASTER 
page 12
Evolving demography, resource constraints and climate change
G
R
O
W
To create sustainable shared value for all, 
including our employees, customers and shareholders
Our business strategy (Nov. ‘19) 
Our sustainability roadmap by 2030 (Feb. ‘20) 
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CLIMATE
RESOURCES
BETTER LIFE

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Our new 
commitment 
for
CLIMATE
page 13
In February 2020, we aligned 
our GHG emissions with Paris 
Agreement
26% (-2%/y)
REDUCE BY
NOW, we commit to align GHG 
emissions reduction with 
BY 2030
We committed to phase 
out the use of coal 
100%
ACHIEVE
SBTi criteria

ESG Webinar 2020
Wood power project
-190 kt CO2/y
Operation in Q2 2021
Rheinberg (DE)
Welland (ON)
Battery storage 2 MW
-30% on the power bill by 
cutting peak consumption. 
May 2020
West Deptford (NJ)
Solar farm 6,5 MW 
-5 kt CO2/y
January 2020
Jasper (SC)
Solar farm 70 MW 
-76 kt CO2/y
January 2018
11 MW PPA from solar 
covering 100% power of 3 sites 
in Texas  (Deer 
Park-Pasadenon-Vernon)
-51 kt CO2/yr.
January 2020
Wood pellets 
co-ﬁring
-16 kt CO2/y
2020
Dombasle (FR)
Melle (FR)
Biogas contract 12 GWh 
-2,5 kt CO2/y
February 2020
Linne Herten (NL)
Solar farm 6,8 MW 
-2 kt CO2/y
September 2020
Saint Fons (FR)
Biogas contract 135 GWh 
-25 kt CO2/y
Operation  in 2021
Torrelavega (ES)
Olive cake co-ﬁring 
-20 kt CO2/y
November 2019
Panoli (India)
Wind mills 2,1 MW
-5 kt CO2/y
March 2020
Biomass steam 3 MW
-18,4 kt CO2/y
March 2020
Roof Top solar 790 kW
-0,7 kt CO2/y
December 2019
Bangpoo (Thailand)
Roof Top solar 170 kW
-0,2 kt CO2/y
August 2019
China Re Fund
1,1 M$ equity - 10 GWh/y RE
-6 kt CO2/y
July 2018
Zhangjiagang (China)
Biomass hot oil boiler 9,3 MW
-15,6 kt CO2/y
April 2019
Gunsan (South Korea)
Biomass co-ﬁring 7 
MW
-11,3 kt CO2/y
January 2019
Accelerating our Carbon Footprint reduction 
programs
 
- 470 kt CO2/y
Projects 2019- 2020

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Our new 
commitment 
for 
NATURAL  
RESOURCES
page 15
Reduce 
negative pressure 
on biodiversity 
-30 %
ACHIEVE
Reduce freshwater
intake
25%
REDUCE BY
BY 2030
 
#1 Recognition 
on Biodiversity

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Our new 
commitment 
to 
CIRCULARITY
page 16
Double revenues 
from circularity
15%
ACHIEVE
Reduce 
non-recoverable 
industrial waste 
30%
REDUCE BY

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Building a Circular Ecosystem
page 17
Waste as a 
raw material
Using new chemical 
recycling to close the loop 
in Materials 
Using bio-wastes to produce  
bio-based products
Using End-of-life Batteries
as a source of metals and 
materials
Partnership 
along the 
value chain
Partnership 
with 
customers

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page 18
Our new 
commitment 
to
SUSTAINABLE 
SOLUTIONS
65% vs 50%
Increase revenues from 
Sustainable Solutions 
ACHIEVE MINIMUM

ESG Webinar 2020
Hydrogen & Clean 
Energy solution 
Membranes & electrodes 
of PEM electrolysers & fuel cells
Innovations underpin our Strategy
page 19
UbiGro®
Home 
& Personal Care 
Unique and proprietary 
technology for Long Lasting 
Disinfecting Surface Cleaners
Sustainable 
Agriculture
Additives for greenhouse  
ﬁlm accelerating plant 
growth
Solvay Inside®
 Solvay Inside® 
Sustainable 
Polymers
Fluorosurfactant free 
polymers for industrial 
applications

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Social 
from ESG

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Caring for our people 
page 21
Solvay 
Care program
●
Maternity, co parent and 
adoption leaves: 
14 weeks for mother & 1 week 
co-parent
●
Life insurance: 
up to 2 years of salary for family
●
Medical cares: 
75% of coverage of expenses
●
Disability insurance: 
2 years of income protection
A minimum social 
beneﬁts for all employees 
in all countries
●
ILO social standards
●
UN Global Compact principles
●
Health & safety at work, 
anti-discrimination, diversity as 
well as environmental protection 
commitments
Guaranteeing the same 
working conditions and 
rights to all Group 
employees operating 
worldwide
Solvay Global
Citizen Days
2019 : Preserving the 
environment
●
168 sites 
across the world
●
94% employees 
participated
2020 : STEM Education

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page 22
Mobilising all stakeholders through the crisis
Shareholders, 30% forego April’s dividends
Senior management, 15% of their salaries
Chairman, 50% of fees
Employees (1000 days off)
Solvay 
Solidarity 
Fund
Creation of a 
safety net for all 
employees 
worldwide
Up to one month of salary
Full employee health beneﬁts
If furlough, 70% of gross monthly base 
pay for up to 3 months
€12 million 
donations
A coherent and socially 
responsible approach, 
given rising social 
pressures in Europe as 
well as increasing 
concerns over 
corporate liquidity.
DEUTSCHE BANK

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Empowering Women in a sustainable ecosystem
page 23
Sustainable 
Guar
7,340 
farmers
1,529 
women impacted
60,000 
trees planted 
Jaguar® 
Bio-based Hair Care

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In partnership with leading NGOs
page 24
“Science and research play an important role to 
tackle the world’s environmental and health 
challenges and I'm particularly happy that 
Solvay is leading the way”
Bertrand Piccard 
Founder and Chairman
“With the launch of its Solvay One Planet plan, the 
company is sending a strong signal to the chemical 
industry and its value chain that the circular economy is 
happening – and that Solvay wants to lead the way”
Ellen MacArthur
Founder and Chair of Trustees

ESG Webinar 2020
Our new
Commitment 
for
BETTER LIFE
page 25
BY 2030
Safety 
is a priority
Aim for 
zero accidents
Inclusion & Diversity 
Parity in 2035
Extend maternity leave 
to all co-parents
16 weeks in 2021

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page 26
ESG Webinar 2020
Governance 
ESG
Highest standards
●
Following “Belgian corporate governance code”
●
One Share, One Vote
●
Separate Chair and CEO
●
Robust Approach to Risk Management                      
& Financial Disclosure
●
Better and More Transparent Approach to Capital 
Allocation
●
New Pay-for-Performance Culture

ESG Webinar 2020
Our 4 
committees
A diverse and experienced
Board of Directors
page 27
Role 
& mission
Audit
Compensation
Nomination
Finance
●
Reviews and approves strategy & sustainability 
roadmap, ﬁnancial disclosure, compensation 
policy & long-term incentive plan
●
Oversight of sustainability policy & ERM process
●
Proposes a dividend to the Shareholders’ 
Meeting
1
2
3
4
3
7
5
< 4 years
5-12 years
> 12 years
Number of Directors
Board of Directors Tenure Mix
Nationalities
7
of women 
Diversityy of 
experience
54%
Meeting 
attendance
95%
ESG Webinar 2020

ESG Webinar 2020
page 28
Solvay One Planet impacts Compensation
PERFORMANCE 
PERIOD
PERFORMANCE 
MEASURES
1 year
• Underlying EBITDA growth
• Free Cash Flow conversion
• Sustainable Development (10%)
• Individual Objective
Short term 
incentive
Performance 
Share Units (*)
Stock
Options (**)
3 years
• Sustained underlying 
EBITDA growth YoY 
basis
• ROCE %
• Reduction of GHG 
(CO2) emissions (20%)
• Share price 
Long Term
Variable Compensation
Short Term
Variable Compensation
(*) The corresponding number of stock options (SOP) is determined at grant date, based on the fair market value of the SOP. The PSU value is the closing share price on the grant date.
(**) 3 years following the grant year - though taxes payable by recipients at grant (not vesting)

ESG Webinar 2020
Sustainability credentials widely 
recognized
page 29
AAA 
(scale AAA to CCC)
Top category
B-
=top10%, scale A+ to D-
#1
Recognition 
on Biodiversity 
Top 1%
In our category
C
Scale A to D
Member of Ethibel 
#1in the sector
Member of FTSE4Good

ESG Webinar 2020
Our 2030 Sustainability Goals
page 30
2018 baseline 
Align GHG with Paris Agreement & commit to SBTi
Phase out coal 
Reduce negative pressure on biodiversity 
Reduce non-recoverable industrial waste 
Reduce freshwater intake
Reduce by 26% (-2%/y)
Achieve 100% 
Achieve 30%
30% reduction
25% reduction
Safety is a priority
Accelerate Inclusion & Diversity 
Extend maternity leave to all co-parents
Aim for zero accident
Parity in 2035  
16 weeks in 2021
Increase Sustainable Solutions revenues
Increase Circularity revenues
Achieve 65% vs 50%
Achieve 15% vs 7%
Managing our 
environmental impacts 
Ambition to grow with 
sustainable solutions
Improving 
our social impact
Managing our 
environmental impacts

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