Brussels, 26 July 2021

From now on, Solvay will raise the global super level if the contract allows ® The price of a full range of wire drawing lubricants increased by 10%.

Since the end of 2020, the cost of raw materials and non raw materials, including freight, energy and labor, has continued to grow, far exceeding previous expectations.

Solvay is constantly trying to reduce these soaring costs through productivity and cost reduction programs. However, due to the continuous cost growth, Solvay has to continue to bring value to customers through product price increase, support the innovative development to improve customers' competitiveness, and ensure that we become a sustainable, safe, high-quality and service-oriented partner for a long time.

About Solvay

As a science based company, Solvay is committed to using technology to improve all aspects of life. With more than 23600 employees in 64 countries around the world, Solvay closely connects people, creativity and elements to make further progress. The group aims to create shared sustainable value for all. Through the "Solvay one earth" program, we protect the climate, resources and create a better life. Solvay's innovative solutions help to create safer, cleaner and more sustainable products at home, in the field of food and consumer goods, and in the markets of aircraft, automobiles, batteries, intelligent devices, medical applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world's top three in most of its business areas, with net sales of 9 billion euros in 2020. Solb is listed on the Euronext in Brussels and Paris. In the United States, solvy shares are traded through primary ADR.