OLION 1 E N G I N E E R E D C A R B O N S 2Q 2021 Earnings Conference Call August 6, 2021 Forward-Looking Statements & Non-GAAP Financial Measures Forward-Looking Statements This presentation contains and refers to certain forward-looking statements with respect to our financial condition, results of operations and business. These statements constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking stateme ...

Orion Engineered Carbons S.A. (NYSE:OEC) Q2 2021 Earnings Conference Call August 6, 2021 8:30 AM ET Company Participants Wendy Wilson – Head-Investor Relations Corning Painter – Chief Executive Officer Lorin Crenshaw – Chief Financial Officer Conference Call Participants Dan Rizzo – Jeffries Josh Spector – UBS Kevin Hocevar – Northcoast Research Brendan Popson – CJS Securities Michael Leithead – Barclays Chris Kapsch – Loop Capital markets Operator Greetings, and welcome to the Orion Engineered Carbons Seco ...

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 _______________ ORION ENGINEERED CARBONS S.A. (Exact name of registrant as specified in its charter) Grand Duchy of Luxembourg 001-36563 00-0000000 (St ...

OLION 1 ＥＮＧＩＮＥＥＲＥＤ ＣＡＲＢＯＮＳ 1Q 2021 Earnings Conference Call May 7, 2021 Forward-Looking Statements & Non-GAAP Financial Measures Forward-Looking Statements This presentation contains and refers to certain forward-looking statements with respect to our financial condition, results of operations and business. These statements constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are statements ...

Orion Engineered Carbons SA (NYSE:OEC) Q1 2021 Earnings Conference Call May 7, 2021 8:30 AM ET Company Participants Wendy Wilson - Head, IR & Corporate Communications Corning Painter - CEO & Executive Director Lorin Crenshaw - CFO Conference Call Participants Josh Spector - UBS Michael Leithead - Barclays Bank Kevin Hocevar - Northcoast Research Partners Jeff Zekauskas - JPMorgan Chase & Co. Jon Tanwanteng - CJS Securities Laurence Alexander - Jefferies Operator Greetings, and welcome to the Orion Engineere ...

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 _______________ ORION ENGINEERED CARBONS S.A. | | (Exact name of registrant as specified in its charter) | | | --- | --- | --- | | Grand Duchy of Luxe ...

Financial Data and Key Metrics Changes - In Q4 2020, adjusted EBITDA was reported at $66 million, reflecting a 4.4% year-over-year increase, with a company-wide adjusted EBITDA margin of 20.9% [13][32] - Revenue decreased by 2.1% year-over-year but rose approximately 12% sequentially, indicating a strong recovery trend [32] - Adjusted net income for the quarter was $24 million, down year-over-year due to realized losses related to foreign exchange risk management [34] Business Line Data and Key Metrics Changes - Specialty carbon black margin was 30.5%, with volumes rising low double digits sequentially [13] - Rubber Carbon Black business experienced a mid-single-digit sequential volume decline, but overall volumes were strong at 98% of 2019 levels [20][43] - Specialty volumes increased 15% year-over-year and 11.3% sequentially, with gross profit per ton declining 4.2% year-over-year but increasing 15.4% sequentially [41] Market Data and Key Metrics Changes - Global rubber volumes during Q4 were strong, exceeding expectations despite ongoing mobility restrictions in various regions [20] - The automotive chip shortage is expected to dampen OEM demand slightly during 2021, impacting the original equipment market [23] - EMEA and APAC regions outperformed North America in terms of specialty volume growth [42] Company Strategy and Development Direction - The company emphasizes capturing growth in specialty and technical grade carbon black, with 75% of adjusted EBITDA driven by these segments [27] - Two strategic initiatives include expanding the Ravenna, Italy facility and constructing a new plant in China to meet demand for specialty grades [28][29] - The company aims to establish a capital allocation policy that maximizes shareholder value while ensuring financial stability [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in long-term growth outlook for carbon black demand, expecting it to grow in line with GDP over time [26] - The company will not provide adjusted EBITDA guidance for 2021 due to uncertainty surrounding the pandemic [46] - January volumes showed encouraging trends, with rubber volumes tracking around 98% of year-ago levels and specialty volumes tracking about 120% [47] Other Important Information - The company suspended dividends in March 2020 to provide financial flexibility during the economic downturn [11] - Sustainability efforts were highlighted, with a focus on recycling carbon blacks and partnerships to drive a circular economy [15][16] Q&A Session Summary Question: Can you provide insights on specialty volume trends? - Management noted that January specialty volumes were strong, driven by end customer demand and some restocking, with expectations for continued strength in Q1 [54][56] Question: How do you see pricing dynamics evolving? - Management indicated that they expect to increase prices in response to rising input costs while maintaining high demand levels [58] Question: What is the impact of rising oil prices on earnings? - Rising oil prices are expected to have a net positive impact on EBITDA, with estimates suggesting a $7 million to $10 million benefit if prices average $10 more per barrel [65] Question: Can you clarify the capacity additions and their impact? - The Ravenna expansion will add 25,000 tons, while the new facility in China will add 65,000 to 70,000 tons, primarily targeting specialty and technical rubber grades [70][72] Question: What are the conditions for reinstating dividends? - Management stated that dividend reinstatement would depend on debt levels, economic stability, and ensuring a sustainable payout level [109]

OLION 1 ＥＮＧＩＮＥＥＲＥＤ ＣＡＲＢＯＮＳ 4Q 2020 Earnings Conference Call February 19, 2021 Forward-Looking Statements & Non-GAAP Financial Measures Forward-Looking Statements This presentation contains and refers to certain forward-looking statements with respect to our financial condition, results of operations and business. These statements constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are stat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-36563 ORION ENGINEERED CARBONS S.A. (Exact name of registrant as specified in its charter) For the fiscal year ended December 31, 2020 Grand Duchy of Luxembourg 00-0000000 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from _______________ to ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q3 2020 was $55 million, down 19.2% year-over-year but more than tripled from Q2 levels, indicating substantial operating leverage as the economy recovered [12][34] - Basic EPS was $0.15 per share and adjusted EPS was $0.32 per share [37] - Contribution margin declined 12.7% year-over-year but increased 59% sequentially, reflecting strong operating leverage [38] Business Line Data and Key Metrics Changes - Rubber Carbon Black volumes were down 9.1% year-over-year but rose 65.9% sequentially, with gross profit per ton declining 19.3% year-over-year but more than doubling sequentially [46] - Specialty Carbon Black volumes fell 2.6% year-over-year but rose 18.8% sequentially, with gross profit per ton declining 7.8% year-over-year but rising 29% sequentially [45] Market Data and Key Metrics Changes - Global demand for Rubber Carbon Black improved significantly since April, with volumes coming in at roughly 90% of 2019 levels by the end of Q3 [22] - Specialty Carbon Black volumes reached 97% of 2019 levels, indicating a strong recovery [24] Company Strategy and Development Direction - The company is focused on pricing negotiations for 2021, with long-term drivers for higher carbon black pricing remaining intact, particularly in North America [18][76] - Investments in EPA-related projects are ongoing, aimed at sustainability and creating barriers to entry in North America [43][54] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in demand, noting that while global volumes remain below 2019 levels, significant improvements have been observed since April [28][30] - The company anticipates that it may take 12 to 18 months for volumes to return to 2019 levels, with a strong rebound expected if the pandemic situation improves [30][111] Other Important Information - The company has maintained a strong liquidity position, with $316 million available at quarter-end and no debt maturities until 2024 [44] - The company is actively working on initiatives to emerge stronger post-pandemic, including employee engagement and process simplification [56][58] Q&A Session Summary Question: Can you talk about some of the negative mix factors in the quarter? - Management noted that the mix issue relates to the relative strength of replacement tires versus OEM production, impacting overall margins [62] Question: To what extent do you think the decline in miles driven affects the tire market growth rate? - Management acknowledged that less driving could lead to reduced tire wear, impacting the market in the long term [64] Question: Why was specialty volume better than rubber volumetrically this quarter? - Management indicated that Rubber Carbon Black bounced back sooner than Specialty Carbon Black, but Specialty has now recovered to a higher level compared to last year [70] Question: Any early indications about base pricing heading into next year? - Management expressed confidence that Rubber Carbon Black pricing held firm during the downturn, and long-term pricing drivers remain intact [72][76] Question: How much of the specialty volume performance was due to restocking versus normalized demand? - Management stated it is difficult to quantify the impact of restocking versus pent-up demand, indicating that the market is still in a catch-up mode [80] Question: What does the guidance imply for volumes over the next 12 months? - Management indicated that while volumes are expected to increase year-over-year, they may still be down compared to 2019 levels [108]