Compagnie de Saint-Gobain (SGO) Investor Update summary

Organizational restructuring and leadership changes

• Country CEOs will oversee all sales, including construction chemicals and industrial solutions, with full P&L responsibility in their countries, expanding their roles by July 1.

• A new Chief Operating Officer role is created to optimize operations and leverage expertise platforms across product lines, with Patrick Dupin appointed effective July 1, 2025.

• The executive committee is being renewed, with new regional CEOs and a focus on promoting younger leaders with proven track records; Anne Hardy, Ursula Soritsch-Renier, and Nicolas Miègeville join the committee.

• The reorganization aims to accelerate growth, enhance cross-selling, and increase pricing power by deepening the local model.

• Other Executive Committee members, including CFO Maud Thuaudet and HR/CSR Director Claire Pedini, remain in place.

Strategic rationale and market adaptation

• The shift to a fully local organization is driven by the need for greater regionalization in a fragmented geopolitical environment.

• The local-for-local business model leverages regional value chains, brands, and innovation centers in Europe, the US, India, Brazil, and China, minimizing exposure to customs barriers.

• The new structure extends the country-based model from 80% to 100% of the group, building on organizational maturity.

• The reorganization is timed to align with the upcoming strategic plan, with a renewed team ready for execution.

• A new Group Operational Performance department will support country CEOs in deploying best practices and maximizing operational performance.

Reporting and transition details

• Financial reporting will shift to four regions: Northern Europe, Southern Europe/Middle East/Africa, Americas, and Asia-Pacific.

• Quarterly sales for industrial solutions and annual sales by main product type will be disclosed.

• During 2024-2025, results will be reported under both the current and new organizations to ensure transparency.

• The first half 2024 results under the new organization will be published in July.

• The new profitable growth trajectory will be presented at Capital Markets Day on October 6, 2025.