3.1. Performance of Solvay share

Solvay shares are listed on two exchanges:

• Euronext Brussels, the primary listing where the share is part of the BEL20 index,
• Euronext Paris, where Solvay joined the CAC40 index on September 21, 2012.

Solvay shares are also traded over the counter (OTC) as a Level 1 sponsored American Depository Receipt (ADR) as of October 1, 2016.

During 2017, the average price was €118.53 while the 52-week range was €107.70 – €131.25 per share. Average daily trading volume as reported by Euronext was 245,621 shares in 2017, compared with 335,719 shares in 2016.

Solvay share prices and trading volumes from January 1, 2017 to December 31, 2017

Solvay share compared with indexes from January 1, 2017 to December 31, 2017

1 EU Peers: Akzo, Arkema, BASF, Clariant, DSM, Evonik, Lanxess

2 Stoxx Chem: Bayer, BASF, Air Liquide, Linde, Akzo Nobel, Koninklijke DSM, Solvay, Covestro, Symrise, Arkema, Umicore, Brenntag, Lanxess, Evonik, K+S, Fuchs Petrolub Pref, IMCD

The share price evolved in an upward trend from the beginning of the year until the third quarter earnings announcement on November 8. Year-to-date performance as of November 7 was ahead of the StoxxChem 600 index (c.13%). Solvay’s third quarter results, although in line with market expectations, were seen as less impressive, triggering temporary profit-taking towards the end of the fourth quarter after ten months of strong performance.