Interim results for the six months ended 30 June 2022

However, we have managed to maintain a consistent supply of raw materials and our focus on speciality products strengthens our pricing power,
enabling us to deliver resilient margins as raw material prices increase.

The division was able to pass on significant increases in raw materials prices in all markets and regions, despite
unit material costs reaching record levels in some cases. Our focus on more differentiated products and robust
pricing management delivered EBITDA growth in all our major businesses, particularly in the US.