Note: Holding companies earnings are allocated to regions and all historical are restated accordingly 9 gion for the Company with comfortable earnings/t in triple digits.  Earnings from EMEA are set to

strong earnings with triple digits level of core EBITDA/tonne for the last three consecutive quarters.  Earnings from EMEA are set to expand with the doubling of PTA volume in Rotterdam, restart of the

operations in USA. This facility will gradually recover in 3Q19. On the other hand, our NDC business continues to perform as per plan. Our Packaging segment continues to outperform, growing at double digits

% in 2018. As these facilities are expected to operate at their full potential in 2019, margins from this segment are expected to revert to double-digits. IVL will continue to invest in this segment