DGAP-Adhoc

Wacker Chemie AG: EBITDA for 2021 expected to be above guidance and market expectations

DGAP-Ad-hoc: Wacker Chemie AG / Key word(s): Profit Warning/Annual Results Wacker Chemie AG: EBITDA for 2021 expected to be above guidance and market expectations 13-Jan-2022 / 18:15 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Disclosure of Insider Information as per Article 17 of MAR

Wacker Chemie AG / Financial Results

EBITDA for 2021 expected to be above guidance and market expectations

Munich, January 13, 2022 - According to preliminary evaluations, Wacker Chemie AG anticipates EBITDA (earnings before interest, taxes, depreciation and amortization) of about €1.5 billion for 2021, with sales coming in at about €6.2 billion. That represents an EBITDA 7 percent above the upper end of recent full-year EBITDA guidance of between €1.2 billion and €1.4 billion and 9 percent above current average market expectations of €1.37 billion (source: Vara Research, Jan. 13, 2022).

WACKER intends to publish preliminary figures for 2021 by end of January 2022.

Issuer and Contact

Wacker Chemie AG
Hanns-Seidel-Platz 4
D-81737 Munich
Germany

Investor Relations
Joerg Hoffmann, CFA
Tel. [phone]
Fax. [phone]
[e-mail]
www.wacker.com

Additional Information

ISIN: DE000WCH8881
German WKN number: WCH888
Deutsche Boerse: WCH
Bloomberg ticker code CHM/WCH:GR
Reuters ticker code: CHE/WCHG.DE
Listing: Official market (Prime Standard)
on the Frankfurt Stock Exchange

Disclaimer:
This publication contains forward-looking statements based on assumptions and estimates of WACKER's Executive Board. Although we assume the expectations in these forward-looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward-looking statements. Factors that may cause such discrepancies include changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update its forward-looking statements, nor does it assume the obligation to do so.