Solvay (SOLB) AGM 2025 Presentation summary

Safety and operational excellence

• Safety culture strengthened with a dedicated team and external consultants; three fatalities in 2023 led to an action plan for transformation and leadership engagement.

• Operational excellence driven by standardization, digitalization, and cost savings, targeting €350 million in annual gross savings by 2028.

Strategic direction and business model

• Focus on essential chemicals, positioned between commodity and specialty segments, with market and cost leadership as core drivers.

• Portfolio includes leading businesses in soda ash, peroxides, silica, and rare earths, serving diverse end-markets such as automotive, construction, and healthcare.

• Over 80% of sales are regional, with a global footprint across North America, Latin America, Europe, and Asia.

Sustainability and energy transition

• "For Generations" roadmap sets refreshed sustainability ambitions, including a 30% biodiversity land commitment and coal phase-out at key sites.

• CO2 emissions reduced by half over 20 years; targets include -30% Scope 1 & 2 GHG by 2030 and carbon neutrality by 2050.

• Process innovation (e.Solvay) aims to cut soda ash CO2 emissions by 50% and reduce resource consumption.