Covestro Q1 Report 2022

In the first quarter of 2022, Group sales grew by 41.6% to €4,683 million (previous year: €3,307 million). The main
factors were much higher average selling prices, which had a positive impact on sales amounting to 22.9%.
Moreover, the portfolio change arising from the acquisition of the Resins & Functional Materials (RFM) business
from Koninklijke DSM N.V., Heerlen (Netherlands), in the second quarter of 2021 and exchange rate movements
had positive effects on sales of 9.5% and 5.6%, respectively. The change in total volumes sold had a positive effect
on sales amounting to 3.6%.