Clear strategic Tessenderlo Group at a glance direction 2010 revenue: 2.4 billion EUR Revenue per: Operating segment End market Geography E C F A D annual report A 2010 B E B C A B D C A. Inorganics: 16% A. Building Industry & Public Works: 33% A. Europe: 73% Tessenderlo Group B. PVC/Chlor-Alkali: 20% B. Industry: 20% B. USA: 14% C. Gelatin & Akiolis: 17% C. Fertilisers & Animal Nutrition: 29% C. Rest of the world: 13% D. Tessenderlo Kerley: 10% D. Health & Hygiene: 11% E. Plastic Pipe Systems and Profiles: 23% E. Household: 7% www.tessenderlogroup.com F. Other Businesses: 14% The group in a few figures Company profile Tessenderlo Group in a few figures over 10 years (*) Editor Philip Ludwig IFRS Investor Relations (Million EUR) 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 Tessenderlo Group Troonstraat 130 Revenue 2,427.3 2,093.8 2,765.0 2,405.9 2,238.3 2,149.6 2,062.9 1,972.0 1,934.0 1,890.0 Rebitda 175.6 63.4 344.7 261.6 188.4 191.8 220.8 204.0 259.0 230.0 B-1050 Brussels Rebit 58.9 - 51.4 239.1 152.3 72.3 67.4 106.2 82.0 115.0 109.0 Belgium Non-recurring items - 1.6 - 99.8 - 26.9 35.1 - 76.9 - 8.2 - 25.0 A global player in various Present in everyday life Ebit 57.4 - 151.2 212.2 187.4 - 4.6 59.2 81.2 markets Concept & Pre-press Profit (+) / loss (-) 20.3 - 166.7 140.4 128.7 - 24.3 35.1 53.6 43.0 71.0 65.0 Tessenderlo Group’s products form an integral Comfi, www.comfi.be Net cash flow 105.3 45.9 280.1 248.1 142.8 161.0 195.6 162.0 207.0 168.0 Tessenderlo Group is an international group part of our everyday lives and are used in various applications, from high-quality fertilisers and Profit (+) / loss (-)/Revenue (%) 0.8 -8.0 5.1 5.3 -1.1 1.6 2.6 2.2 3.7 3.4 with over 100 locations worldwide. The group primarily serves customers with its products animal feed to medicine and car dashboards. A Het jaarverslag is tevens beschikbaar in het Nederlands. Rebit/Revenue (%) 2.4 -2.5 8.6 6.3 3.2 3.1 5.1 4.2 5.9 5.8 little bit of Tessenderlo Group can also be found Net cash flow/Revenue (%) 4.3 2.2 10.1 10.3 6.4 7.5 9.5 8.2 10.7 8.9 and services for use in construction, agriculture, Le rapport annuel est également disponible en français. industry, and health and consumer goods end in sweets, perfumes, batteries, blood bags, markets. The group has developed expertise water treatment products, washing powders and Capital Employed (CE) 976.5 1,099.4 1,282.7 1,118.9 1,181.3 1,258.0 1,166.0 1,136.0 1,141.0 1,259.0 in innovative processing of by-products from window profiles – just to mention a few examples. The Annual Report (in English, Dutch, French) may be viewed on our website: www.tessenderlogroup.com Working Capital 179.6 283.7 552.5 367.0 392.7 447.0 413.2 425.0 436.0 521.0 different industries into valuable new products. Roce (%) 6.0 -4.7 18.6 13.6 6.1 5.4 9.1 7.2 10.1 8.7 Capital expenditure (PP&E) 117.1 112.4 94.2 98.6 119.3 172.5 171.1 119.0 110.0 133.0 Tessenderlo Group reports its activities as follows: n Inorganics Equity attributable to equity 724.8 705.2 900.0 800.2 709.5 774.3 755.5 756.0 758.0 836.0 n shareholders of the Company PVC/Chlor-Alkali n Return on equity (ROE) Gelatin and Akiolis 2.8 - 20.8 16.5 17.0 - 3.3 4.6 7.2 5.7 9.5 9.2 n (%) Plastic Pipe Systems and Profiles n Tessenderlo Kerley Net financial liabilities 162.0 209.0 294.6 243.8 411.0 428.9 351.4 339.0 303.0 341.0 Tessenderlo Chemie NV n Other Business (Organic Chlorine Derivatives, Net financial liabilities/Equity 22.3 29.6 32.7 30.4 57.8 55.4 46.5 44.8 40.0 41.0 Pharmaceutical Intermediates, Compounds) (%) Administrative Headquarters Net financial liabilities/Rebitda 0.9 3.3 0.9 0.9 2.2 2.2 1.6 1.7 1.2 1.5 Troonstraat 130 B-1050 Brussels Interest coverage 2.8 - 17.3 14.3 10.9 0.5 3.9 5.2 5.0 8.0 5.0 Belgium Tel. +32 2 639 18 11 Dividend paid 38.3 37.1 36.9 35.0 33.3 32.7 32.7 30.7 30.6 30.5 Fax +32 2 639 19 99 Pay out ratio (%) 188.7 N/A 26.3 27.2 n/a 94.4 58.0 71.5 43.1 46.9 VAT BE 0 412 101 728 RPR Hasselt Headcount 8,262 8,317 8,237 8,121 8,124 8,123 8,181 8,223 7,934 7,849 Website: www.tessenderlogroup.com (*) A financial glossary is available on page 244. Clear strategic Tessenderlo Group at a glance direction 2010 revenue: 2.4 billion EUR Revenue per: Operating segment End market Geography E C F A D annual report A 2010 B E B C A B D C A. Inorganics: 16% A. Building Industry & Public Works: 33% A. Europe: 73% Tessenderlo Group B. PVC/Chlor-Alkali: 20% B. Industry: 20% B. USA: 14% C. Gelatin & Akiolis: 17% C. Fertilisers & Animal Nutrition: 29% C. Rest of the world: 13% D. Tessenderlo Kerley: 10% D. Health & Hygiene: 11% E. Plastic Pipe Systems and Profiles: 23% E. Household: 7% www.tessenderlogroup.com F. Other Businesses: 14% The group in a few figures Company profile Tessenderlo Group in a few figures over 10 years (*) Editor Philip Ludwig IFRS Investor Relations (Million EUR) 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 Tessenderlo Group Troonstraat 130 Revenue 2,427.3 2,093.8 2,765.0 2,405.9 2,238.3 2,149.6 2,062.9 1,972.0 1,934.0 1,890.0 Rebitda 175.6 63.4 344.7 261.6 188.4 191.8 220.8 204.0 259.0 230.0 B-1050 Brussels Rebit 58.9 - 51.4 239.1 152.3 72.3 67.4 106.2 82.0 115.0 109.0 Belgium Non-recurring items - 1.6 - 99.8 - 26.9 35.1 - 76.9 - 8.2 - 25.0 A global player in various Present in everyday life Ebit 57.4 - 151.2 212.2 187.4 - 4.6 59.2 81.2 markets Concept & Pre-press Profit (+) / loss (-) 20.3 - 166.7 140.4 128.7 - 24.3 35.1 53.6 43.0 71.0 65.0 Tessenderlo Group’s products form an integral Comfi, www.comfi.be Net cash flow 105.3 45.9 280.1 248.1 142.8 161.0 195.6 162.0 207.0 168.0 Tessenderlo Group is an international group part of our everyday lives and are used in various applications, from high-quality fertilisers and Profit (+) / loss (-)/Revenue (%) 0.8 -8.0 5.1 5.3 -1.1 1.6 2.6 2.2 3.7 3.4 with over 100 locations worldwide. The group primarily serves customers with its products animal feed to medicine and car dashboards. A Het jaarverslag is tevens beschikbaar in het Nederlands. Rebit/Revenue (%) 2.4 -2.5 8.6 6.3 3.2 3.1 5.1 4.2 5.9 5.8 little bit of Tessenderlo Group can also be found Net cash flow/Revenue (%) 4.3 2.2 10.1 10.3 6.4 7.5 9.5 8.2 10.7 8.9 and services for use in construction, agriculture, Le rapport annuel est également disponible en français. industry, and health and consumer goods end in sweets, perfumes, batteries, blood bags, markets. The group has developed expertise water treatment products, washing powders and Capital Employed (CE) 976.5 1,099.4 1,282.7 1,118.9 1,181.3 1,258.0 1,166.0 1,136.0 1,141.0 1,259.0 in innovative processing of by-products from window profiles – just to mention a few examples. The Annual Report (in English, Dutch, French) may be viewed on our website: www.tessenderlogroup.com Working Capital 179.6 283.7 552.5 367.0 392.7 447.0 413.2 425.0 436.0 521.0 different industries into valuable new products. Roce (%) 6.0 -4.7 18.6 13.6 6.1 5.4 9.1 7.2 10.1 8.7 Capital expenditure (PP&E) 117.1 112.4 94.2 98.6 119.3 172.5 171.1 119.0 110.0 133.0 Tessenderlo Group reports its activities as follows: n Inorganics Equity attributable to equity 724.8 705.2 900.0 800.2 709.5 774.3 755.5 756.0 758.0 836.0 n shareholders of the Company PVC/Chlor-Alkali n Return on equity (ROE) Gelatin and Akiolis 2.8 - 20.8 16.5 17.0 - 3.3 4.6 7.2 5.7 9.5 9.2 n (%) Plastic Pipe Systems and Profiles n Tessenderlo Kerley Net financial liabilities 162.0 209.0 294.6 243.8 411.0 428.9 351.4 339.0 303.0 341.0 Tessenderlo Chemie NV n Other Business (Organic Chlorine Derivatives, Net financial liabilities/Equity 22.3 29.6 32.7 30.4 57.8 55.4 46.5 44.8 40.0 41.0 Pharmaceutical Intermediates, Compounds) (%) Administrative Headquarters Net financial liabilities/Rebitda 0.9 3.3 0.9 0.9 2.2 2.2 1.6 1.7 1.2 1.5 Troonstraat 130 B-1050 Brussels Interest coverage 2.8 - 17.3 14.3 10.9 0.5 3.9 5.2 5.0 8.0 5.0 Belgium Tel.