Press Release. Brenntag posts strong growth in all regions in the third quarter and confirms forecast for 2017 as a whole

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1 Press Release Mülhei/Ruhr, Noveber 8, 2017 Brenntag posts strong growth in all regions in the third quarter and confirs forecast for 2017 as a whole Gross grows by 4.3% to illion EUR (as ) Operating EBITDA** up by 5.3% on the previous year to illion EUR (as ) Quarterly earnings supported by growth in all the Group s regions Profit after tax aounts to illion EUR and earnings per share to 0.65 EUR Outlook for 2017 confired: operating EBITDA still forecast to be between 820 and 850 illion EUR Brenntag, the global arket leader in cheical distribution, posted a strong perforance in the third quarter of 2017, achieving an increase in both operating gross and operating EBITDA**. This growth was supported by all four of the Group s regions, with the North Aerica segent in particular delivering strong earnings. In light of this positive perforance, the Brenntag Group is confiring its forecast for 2017 as a whole: it expects growth in its key perforance indicators operating gross profit and operating EBITDA. Brenntag generated sales of 2,892.5 illion EUR in the third quarter of 2017, an increase of 10.4% on the prior-year period (+13.9% on a constant currency basis). The Group s key perforance indicator gross rose by 4.3% (+7.7% on a constant currency basis) to illion EUR. Operating EBITDA** reached illion EUR, an increase of 5.3% copared with the prior-year quarter (+8.5% on a constant currency basis). Profit after tax was up on the prior-year figure of 93.4 illion EUR to illion EUR in the third quarter of This translates into earnings per share attributable to Brenntag shareholders of 0.65 EUR (+8.3%).

2 At illion EUR in the third quarter of 2017, free cash flow was down on the prior-year figure (190.1 illion EUR), due ainly to the increase in cheical prices and the resulting rise in working capital. Steven Holland, Chief Executive Officer of Brenntag AG, said, We delivered a strong perforance in the third quarter of All regions contributed to this result and showed positive growth. North Aerica in particular delivered excellent earnings and strong organic growth. We are pleased with this encouraging perforance fro the Group in the third quarter. Against this background, we are confiring the forecast given for 2017 as a whole. EMEA sees growth in operating gross profit and operating EBITDA Brenntag EMEA (Europe, Middle East and Africa) achieved operating gross profit of illion in the third quarter of 2017, a year-on-year increase of 4.2% on a constant currency basis (+3.2% as ). Operating EBITDA also clibed, rising by 3.7% on a constant currency basis (+2.7% as ) to 90.6 illion EUR. In the third quarter, the region began to ipleent the announced efficiency prograe, which is scheduled to be copleted in the course of the year. North Aerica continues strong perforance The North Aerica region very encouraging increases in earnings in the third quarter of 2017, driven priarily by strong organic growth. Operating gross profit rose by 9.7% on a constant currency basis (+4.3% as ) to illion EUR. Operating EBITDA clibed to illion EUR, a year-onyear increase of 12.3% on a constant currency basis (+7.6% as ). Brenntag North Aerica continues to deonstrate strong organic growth. Latin Aerica increases earnings in slightly iproved environent Brenntag lifted earnings in the still volatile Latin Aerica region in the third quarter of profit rose by 5.2% on a constant currency basis (+0.7% as ) to 42.0 illion EUR. At 10.6 illion EUR, operating EBITDA showed a clear increase of 17.0% on the prior-year period on a 2

3 constant currency basis (+12.8% as ). This perforance is ainly attributable to iproving econoic conditions in Brazil. Good earnings growth in Asia Pacific The Asia Pacific region posted an encouraging third quarter of 2017 with iproved earnings. This positive perforance was supported both by organic growth and the successful integration of recent acquisitions. profit reached 51.1 illion EUR, a year-on-year increase of 15.7% on a constant currency basis (+10.1% as ). Operating EBITDA rose by 17.6% on a constant currency basis (+12.6% as ) to 18.8 illion EUR. Outlook for 2017 In light of the third-quarter results and econoic trends in the regions, Brenntag is confiring its forecast for 2017 as a whole: the Group continues to expect growth in its key perforance indicators operating gross profit and operating EBITDA, with operating EBITDA still anticipated to be in the 820 to 850 illion EUR range (before special ites and assuing exchange rates reain unchanged over the period to year-end). 3

4 Consolidated Incoe Stateent Sales Gross Operating EBITDA** Operating EBITDA** / Gross Profit before tax Profit after tax Attributable to Brenntag shareholders Q Q for exchange rate effects 2, , % 13.9% % 7.7% % 8.5% % % % % - Earnings per share EUR % - Consolidated Balance Sheet Sep. 30, 2017 Dec. 31, 2016 Total assets 7, ,287.0 Equity 2, ,959.2 Working capital 1, ,354.6 Net financial liabilities 1, ,681.9 Consolidated Cash Flow Q Q Cash provided by operating activities Investents in non-current assets (Capex) Free cash flow

5 EMEA Q Q Sales 1, , % 10.7% % 4.2% Operating EBITDA** % 3.7% North Aerica Q Q Sales 1, % 15.5% % 9.7% Operating EBITDA** % 12.3% Latin Aerica Q Q Sales % 6.0% % 5.2% Operating EBITDA** % 17.0% Asia Pacific Q Q Sales % 25.9% % 15.7% Operating EBITDA** % 17.6% *While Brenntag reports operating gross profit on segent level, the copany reports gross profit on Group level. profit is defined as sales less costs of aterial for goods purchased and supplies, services purchased, packaging aterials, supplier rebates and increase/decrease in finished goods. Gross profit is defined as operating gross profit less production/ixing and blending costs. **Brenntag has changed the definition of operating EBITDA and now reports this perforance indicator before special ites. Until now, the segents operating EBITDA was adjusted only for holding charges, which are certain costs charged between holding copanies and operating copanies. At Group level, these effects net to zero. Now, Brenntag is also adjusting operating EBITDA for incoe and expenses arising fro special ites so as to iprove coparability in presenting the perforance of its business operations over ultiple reporting periods and explain it ore appropriately. Special ites are incoe and expenses outside ordinary activities that have a special and aterial effect on the results of operations, such as restructurings. 5

6 About Brenntag: Brenntag, the global arket leader in cheical distribution, covers all ajor arkets with its extensive product and service portfolio. Headquartered in Mülhei an der Ruhr,, the copany operates a global network with ore than 550 locations in 74 countries. In 2016, the copany, which has a global workforce of around 15,000 eployees, generated sales of EUR 10.5 billion (USD 11.6 billion). Brenntag connects cheical anufacturers and cheical users. The copany supports its custoers and suppliers with tailorade distribution solutions for industrial and specialty cheicals. With over 10,000 products and a world-class supplier base, Brenntag offers one-stopshop solutions to around 185,000 custoers. This includes specific application technology, an extensive technical support and value-added services such as just-in-tie delivery, product ixing, forulation, repackaging, inventory anageent and dru return handling. Long-standing experience and local excellence in the individual countries characterize the global arket leader for cheical distribution. Press contact: Financial edia / Investor contact: Hubertus Spethann Thoas Langer, Diana Alester, René Weinberg Brenntag AG Brenntag AG Corporate Counications Corporate Finance & Investor Relations Stinnes-Platz 1 Stinnes-Platz Mülhei an der Ruhr Mülhei an der Ruhr Telephone: +49 (208) Telephone: +49 (208) Fax: +49 (208) Fax: +49 (208) hubertus.spethann@brenntag.de IR@brenntag.de 6

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