Forward Together ™ Quaker Houghton Investor Presentation August 2021 Quaker Houghton.. Forward Together Risks and Uncertainties Statement Regulation G The attached charts include Company information that does not conform to generally accepted accounting principles ("GAAP"). Management believes that an analysis of this data is meaningful to investors because it provides insight with respect to ongoing operating results of the Company and allows investors to better evaluate the financial results of the Compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-12019 QUAKER CHEMICAL CORPORATION (Exact name of Registrant as specified in its charter) Pennsylvania 23-0993790 (State or other jurisdicti ...

Quaker Chemical Corporation (NYSE:KWR) Q1 2021 Earnings Conference Call May 7, 2021 8:30 AM ET Company Participants Michael Barry - Chairman, Chief Executive Officer & President Shane Hostetter - Chief Financial Officer Conference Call Participants Katherine Griffin - Deutsche Bank Mike Harrison - Seaport Global Securities Dan Rizzo - Jefferies Brendan Popson - CJS Securities Steve O'Hara - Sidoti Operator Greetings and welcome to Quaker Houghton's First Quarter Earnings Release Conference Call. At this tim ...

Quaker Houghton First Quarter 2021 Results Investor Conference Call Quaker Houghton.. Forward Together Risks and Uncertainties Statement Regulation G The attached charts include Company information that does not conform to generally accepted accounting principles ("GAAP"). Management believes that an analysis of this data is meaningful to investors because it provides insight with respect to ongoing operating results of the Company and allows investors to better evaluate the financial results of the Company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-12019 QUAKER CHEMICAL CORPORATION (Exact name of Registrant as specified in its charter) Pennsylvania 23-0993790 (State or other jurisdict ...

Financial Performance - The Company's 2020 net sales increased by 25% to $1,417.7 million compared to $1,133.5 million in 2019, driven by acquisitions[143]. - Excluding acquisitions, net sales would have declined approximately 11% due to a 9% decrease in sales volumes related to COVID-19 impacts[143]. - The reported operating income for 2020 was $59.4 million, up from $46.1 million in 2019, while non-GAAP operating income increased by 10% to $134.0 million[143][144]. - Net income for 2020 was $39.7 million, with earnings per diluted share rising to $2.22 from $2.08 in 2019[144]. - Adjusted EBITDA for 2020 was $222.0 million, a 28% increase compared to $173.1 million in 2019, primarily due to acquisitions and cost savings[144]. - The Company generated net operating cash flow of $178.4 million in 2020, a 117% increase from $82.4 million in 2019[146]. - Non-GAAP operating income for 2020 was $134,036 thousand, with a non-GAAP operating margin of 9.5%[196]. - EBITDA for 2020 was $145,459 thousand, with adjusted EBITDA of $221,974 thousand and an adjusted EBITDA margin of 15.7%[197]. - Non-GAAP net income for 2020 was $85,151 thousand, compared to $88,711 thousand in 2019[198]. - The Company reported a net income attributable to Quaker Chemical Corporation of $39,658 thousand for 2020[197]. Cost Management and Synergies - The Company realized $58 million in cost synergies from the Houghton Combination, exceeding the original estimate of $35 million[148]. - The Company incurred $30.3 million in total Combination, integration, and other acquisition-related expenses in 2020, down from $38.0 million in 2019[184]. - The Company realized full-year cost synergies of approximately $58 million in 2020, up from $7 million in 2019, and expects to achieve $75 million in 2021 and $80 million in 2022[183]. - The Company recognized an additional $5.5 million in restructuring and related charges in 2020 as part of the QH Program, which aims to reduce total headcount by approximately 350 people globally[185]. - Restructuring charges were $5.5 million in 2020, significantly lower than $26.7 million in 2019, as part of the global cost synergy plan[207]. Debt and Cash Flow - The Company reduced its net debt by 12% or $94 million during 2020, despite making recent acquisitions[148]. - As of December 31, 2020, the Company had cash, cash equivalents, and restricted cash of $181.9 million, an increase of $38.3 million from $143.6 million at the end of 2019[172]. - Net cash flows provided by operating activities were $178.4 million in 2020, a significant increase from $82.4 million in 2019, primarily due to higher earnings from acquisitions and improved working capital[173]. - Net cash flows used in investing activities decreased to $71.4 million in 2020 from $908.6 million in 2019, largely due to reduced acquisition payments[174]. - The Company has total contractual cash obligations of $1,029,420 thousand, with $78,210 thousand due in 2021 and $733,380 thousand due in 2024[192]. - The Company anticipates sufficient cash flows from operations and liquidity to support its business objectives for at least the next twelve months[190]. - The Company may seek additional debt or equity financing to fund future growth opportunities, including potential acquisitions[190]. Tax and Liabilities - The Company recorded a $15.5 million transition tax liability for U.S. income taxes on undistributed earnings of non-U.S. subsidiaries, with $7.0 million paid and $8.5 million remaining to be paid in installments[161]. - As of December 31, 2020, the Company's gross liability for uncertain tax positions was $28.9 million, with potential reductions of up to $7.5 million from offsetting benefits in other tax jurisdictions[188]. - Interest obligations on long-term debt total $52,997 thousand, with $14,514 thousand due in 2021[192]. - The effective tax rate for 2020 was a benefit of 19.5%, compared to an expense of 7.2% in 2019, with an estimated effective tax rate of approximately 25% for 2020 and 22% for 2019 when excluding non-core items[212]. Segment Performance - Net sales for the Americas segment were $450.2 million in 2020, an increase of $58.0 million or 15% compared to 2019, with a decrease of approximately 16% when excluding acquisitions[230]. - EMEA segment net sales were $383.2 million in 2020, an increase of $97.6 million or 34% compared to 2019, with a decrease of approximately 7% when excluding acquisitions[231]. - Asia/Pacific segment net sales were $315.3 million in 2020, an increase of $67.5 million or 27% compared to 2019, with a decrease of approximately 5% when excluding acquisitions[232]. - Global Specialty Businesses segment net sales were $269.0 million in 2020, an increase of $61.1 million or 29% compared to 2019, reflecting the inclusion of additional months of Houghton and Norman Hay net sales[233]. Impairment and Asset Valuation - An impairment charge of $38.0 million was recorded in Q1 2020 for indefinite-lived intangible assets, primarily related to Houghton trademarks, reducing their book value to $204.0 million[166]. - The Company's consolidated indefinite-lived intangible assets were valued at $205.1 million as of December 31, 2020, down from $243.1 million in 2019, with no impairment charge warranted[167]. - The estimated fair value of the Houghton and Fluidcare trademarks was assessed using a WACC assumption of approximately 10% during the interim impairment assessment[166]. - The Company evaluated the impact of COVID-19 on its operations and determined that it did not represent a triggering event for impairment of indefinite-lived or long-lived assets as of March 31, 2020[164].

Quaker Houghton Fourth Quarter and Full Year 2020 Results Investor Conference Call Quaker Houghton.. Forward Together Risks and Uncertainties Statement On August 1, 2019, Quaker Chemical Corporation (the "Company", also known as Quaker Houghton) completed its combination with Houghton International, Inc. ("Houghton") (herein referred to as "the Combination"). In addition, the Company acquired the operating divisions of Norman Hay plc ("Norman Hay") on October 1, 2019. Throughout this presentation, all figur ...

Quaker Chemical Corporation (NYSE:KWR) Q4 2020 Earnings Conference Call February 26, 2021 8:30 AM ET Company Participants Michael Barry - Chairman, Chief Executive Officer & President Mary Hall - Chief Financial Officer, Vice President & Treasurer Robert Traub - General Counsel Shane Hostetter - Head of Finance & Chief Accounting Officer Conference Call Participants Mike Harrison - Seaport Global Securities Katherine Griffin - Deutsche Bank Jon Tanwanteng - CJS Securities Steve O'Hara - Sidoti Laurence Alex ...

Forward Together ™ Quaker Houghton Investor Presentation January 2021 Quaker Houghton.. Forward Together Risks and Uncertainties Statement On August 1, 2019, Quaker Chemical Corporation (the "Company", also known as Quaker Houghton) completed its combination with Houghton International, Inc. ("Houghton") (herein referred to as "the Combination"). In addition, the Company acquired the operating divisions of Norman Hay plc ("Norman Hay") on October 1, 2019. Regulation G The attached charts include Company inf ...

Forward Together ™ Quaker Houghton Investor Presentation November 2020 Quaker Houghton.. Forward Together Risks and Uncertainties Statement On August 1, 2019, Quaker Chemical Corporation (the "Company", also known as Quaker Houghton) completed its combination with Houghton International, Inc. ("Houghton") (herein referred to as "the Combination"). In addition, the Company acquired the operating divisions of Norman Hay plc ("Norman Hay") on October 1, 2019. Regulation G The attached charts include Company in ...