Chemicals Q1 2021 Compared with the first quarter of 2020, sales1 in the Chemicals segment rose considerably as a result of sales growth in both divisions. (XLSX:) XLS Factors influencing sales in Q1 2021 – Chemicals Chemicals Petrochemicals Intermediates Volumes 7% 6% 9% Prices 15% 19% 7% Portfolio –1% –1% 0% Currencies –5% –6% –4% Sales 16% 18% 12% The sales increase was primarily due to significantly higher price levels. The Petrochemicals division increased prices for steam cracker products, styrene monomers, acrylics and oxo alcohols in particular. This mainly reflected the passing on of higher raw materials prices. The Intermediates division also achieved higher prices, especially in Asia, mostly in the butanediol and derivatives and the acids and polyalcohols businesses. Sales volumes increased significantly as well due to a recovery in demand. In the Petrochemicals division, volumes were higher for steam cracker products and acrylic monomers in particular. Volumes rose significantly in the Intermediates division, especially in the butanediol and derivatives business. In both divisions, sales volumes were negatively impacted by plant shutdowns in North America due to the cold weather as well as production outages and raw material bottlenecks. Sales performance was weighed down by negative currency effects, mainly relating to the U.S. dollar. Income from operations (EBIT) before special items1 rose considerably compared with the first quarter of 2020 in both divisions, especially in the Petrochemicals division. Earnings development in both divisions was driven by higher margins as a result of a recovery in demand, an improvement in income from equity-accounted companies, and lower fixed costs. EBIT included special income from the sale of the condensate splitter in Port Arthur, Texas, to Total Petrochemicals & Refining USA, Inc. in the first quarter of 2021. 1 For sales, “slight” represents a change of 1%–5%, while “considerable” applies to changes of 6% and higher. “At prior-year level” indicates no change (+/–0%). For earnings, “slight” means a change of 1%–10%, while “considerable” is used for changes of 11% and higher. “At prior-year level” indicates no change (+/–0%). (XLSX:) XLS Segment data – Chemicals (Million €) Q1 2021 2020 +/– Sales to third parties 2,736 2,350 16% of which Petrochemicals 1,937 1,639 18% Intermediates 799 711 12% Income from operations before depreciation, amortization and special items 737 391 88% Income from operations before depreciation and amortization (EBITDA) 784 386 103% EBITDA margin % 28.7 16.4 − Depreciation and amortizationa 179 216 –17% Income from operations (EBIT) 605 170 256% Special items 47 –4 . EBIT before special items 558 174 221% Assets (March 31) 8,400 9,226 –9% Investments including acquisitionsb 128 360 –64% Research and development expenses 26 25 4% a Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments) b Additions to property, plant and equipment and intangible assets back next