Compagnie de Saint-Gobain (SGO) Investor Update summary

Organizational transformation and leadership changes

• Country CEOs will oversee all sales, including construction chemicals and industrial solutions, with full P&L responsibility in their countries, to accelerate local growth and adapt to fragmented geopolitical environments.

• A new Chief Operating Officer role is created to optimize operations and leverage expertise platforms across product lines, with Patrick Dupin appointed as Group COO effective July 1, 2025.

• The executive committee is reshaped, promoting a new generation of leaders and regional CEOs, with Anne Hardy, Ursula Soritsch-Renier, and Nicolas Miègeville joining the committee.

• The transition aims to accelerate growth, enhance cross-selling, and increase pricing power through a fully localized model.

• The new structure is designed to address regionalization needs in a fragmented geopolitical environment and leverages regional value chains and innovation hubs.

Reporting and financial guidance

• Reporting will shift to four regions: Northern Europe, Southern Europe/Middle East/Africa, the Americas, and Asia-Pacific.

• Quarterly sales for industrial solutions and annual group sales by main product type will be disclosed.

• During the transition, 2024 and 2025 results will be reported under both current and new structures, with full adoption of the new model in H2 2025.

• First half 2024 results under the new organization will be published in July.

• The new profitable growth trajectory will be presented at Capital Markets Day on October 6, 2025.

Strategic rationale and growth ambitions

• The reorganization aims to maximize local execution, speed, and ownership, reflecting increasing regional dynamics and customer needs.

• Expertise platforms will continue to manage global key accounts and innovation, while execution becomes more localized.

• Construction chemicals will be managed country by country, leveraging recent acquisitions and integration successes.

• Country CEOs' incentives remain unchanged, but their scope expands, making profitable growth more achievable.

• A new Group Operational Performance department will support country CEOs in deploying best practices and maximizing operational performance.