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]

OLION E N G I N E E R E D C A R B O N S Third Quarter 2020 Earnings Conference Call November 6, 2020 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-look ...

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 September 30, 2020 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 00-000000 ...

OLION E N G I N E E R E D C A R B O N S Investor Presentation August 2020 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 statemen ...

Orion Engineered Carbons S.A. (NYSE:OEC) Q2 2020 Earnings Conference Call August 5, 2020 8:30 AM ET Company Participants Wendy Wilson - Head of Investor Relations and Corporate Communications Corning Painter - Chief Executive Officer Lorin Crenshaw - Chief Financial Officer Conference Call Participants Josh Spector - UBS Investment Bank Jon Tanwanteng - CJS Securities Mike Leithead - Barclays Bank Operator Good morning ladies and gentlemen and thank you for standing by. Welcome to the Orion Engineered Carbo ...

UNITED STATESSECURITIES 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, 2020 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) | | | (I.R.S. Employer Identification No.) (State o ...

PART I - Financial Information [Financial Statements and Supplementary Data (unaudited)](index=3&type=section&id=Item%201.%20Financial%20Statements%20and%20Supplementary%20Data%20(unaudited)) This section presents the unaudited condensed consolidated financial statements for Q1 2020, reporting **$18.0 million** net income and **$1.32 billion** total assets, while acknowledging COVID-19 impacts Consolidated Statement of Operations Highlights (Unaudited) | Indicator | Three Months Ended March 31, 2020 ($ million) | Three Months Ended March 31, 2019 ($ million) | | :--- | :--- | :--- | | Net sales | $336.007 | $384.714 | | Gross profit | $90.193 | $97.969 | | Income from operations | $37.543 | $34.699 | | Net income | $18.032 | $18.954 | | Diluted EPS | $0.29 | $0.31 | Consolidated Balance Sheet Highlights (Unaudited) | Indicator | March 31, 2020 ($ million) | December 31, 2019 ($ million) | | :--- | :--- | :--- | | Total current assets | $569.688 | $507.718 | | Total assets | $1,323.845 | $1,257.394 | | Total current liabilities | $373.659 | $285.211 | | Total liabilities | $1,157.030 | $1,071.382 | | Total stockholders' equity | $166.815 | $186.013 | Consolidated Statement of Cash Flows Highlights (Unaudited) | Indicator | Three Months Ended March 31, 2020 ($ million) | Three Months Ended March 31, 2019 ($ million) | | :--- | :--- | :--- | | Net cash provided by operating activities | $4.905 | $26.171 | | Net cash used in investing activities | ($50.851) | ($22.487) | | Net cash provided by financing activities | $94.560 | $0.337 | - The company is a leading global manufacturer of carbon black, with two main product lines: Specialty Carbon Black (for polymers, printing inks, coatings) and Rubber Carbon Black (for reinforcing rubber in tires and other goods)[19](index=19&type=chunk)[20](index=20&type=chunk)[21](index=21&type=chunk) - The company acknowledges significant risks and uncertainties from the COVID-19 pandemic, noting that the extent of the impact on its financial condition, liquidity, and results of operations is uncertain and difficult to predict[24](index=24&type=chunk)[25](index=25&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=30&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) This section analyzes Q1 2020 financial performance, noting a **12.7%** net sales decrease to **$336.0 million** but an **8.2%** increase in operating income to **$37.5 million** due to reduced SG&A [Operating Results](index=33&type=section&id=Operating%20Results) Q1 2020 net sales decreased **12.7%** to **$336.0 million** due to volume and feedstock costs, but operating income rose **8.2%** to **$37.5 million** due to reduced SG&A - Net sales decreased by **$48.7 million** (**12.7%**) YoY, and volume decreased by **27.7 kmt** (**10.5%**) YoY, with a sharp reduction in sales beginning in mid-March due to the COVID-19 pandemic's impact on tire manufacturing[146](index=146&type=chunk)[147](index=147&type=chunk) - SG&A expenses decreased by **$11.1 million** (**19.9%**) YoY, primarily due to lower personnel-related expenses, including bonuses and long-term incentive expenses[150](index=150&type=chunk) - Despite a **$7.8 million** decrease in gross profit, income from operations increased by **$2.8 million** (**8.2%**) YoY, driven by the significant reduction in SG&A expenses[149](index=149&type=chunk)[156](index=156&type=chunk) Non-GAAP Performance Metrics | Metric | Q1 2020 ($ million) | Q1 2019 ($ million) | Change | | :--- | :--- | :--- | :--- | | Contribution Margin | $131.9 | $136.3 | -3.3% | | Contribution Margin per MT | $560.8 | $518.7 | +8.1% | | Adjusted EBITDA | $63.8 | $64.6 | -1.1% | [Segment Discussion](index=35&type=section&id=Segment%20Discussion) Specialty Carbon Black net sales fell **9.0%** to **$119.8 million**, while Rubber Carbon Black net sales dropped **14.6%** to **$216.2 million**, despite the latter's Adjusted EBITDA increasing **1.7%** Specialty Carbon Black Segment Performance (Q1 2020 vs Q1 2019) | Metric | Q1 2020 ($ million) | Q1 2019 ($ million) | Change | | :--- | :--- | :--- | :--- | | Net Sales | $119.8 | $131.6 | -9.0% | | Volume (kmt) | 58.3 | 64.0 | -8.8% | | Gross Profit | $39.7 | $41.4 | -4.0% | | Adjusted EBITDA | $28.1 | $29.4 | -4.5% | Rubber Carbon Black Segment Performance (Q1 2020 vs Q1 2019) | Metric | Q1 2020 ($ million) | Q1 2019 ($ million) | Change | | :--- | :--- | :--- | :--- | | Net Sales | $216.2 | $253.1 | -14.6% | | Volume (kmt) | 176.8 | 198.8 | -11.1% | | Gross Profit | $50.5 | $56.6 | -10.8% | | Adjusted EBITDA | $35.8 | $35.2 | +1.7% | [Liquidity and Capital Resources](index=37&type=section&id=Liquidity%20and%20Capital%20Resources) Net cash from operations significantly decreased to **$4.9 million**, while capital expenditures more than doubled to **$50.9 million**, and liquidity was bolstered by drawing **$109.8 million** from credit facilities - Net cash provided by operating activities decreased significantly to **$4.9 million** in Q1 2020 from **$26.2 million** in Q1 2019[186](index=186&type=chunk)[187](index=187&type=chunk) - Capital Expenditures increased to **$50.9 million** in Q1 2020 from **$22.5 million** in Q1 2019, with **$22.7 million** of the Q1 2020 spending related to environmental improvements for EPA requirements[199](index=199&type=chunk)[200](index=200&type=chunk) - To enhance liquidity amid COVID-19 uncertainties, the company utilized local bank loan facilities, resulting in cash inflows of **$109.8 million** during the quarter[189](index=189&type=chunk) - Net Working Capital increased to **$257.7 million** as of March 31, 2020, from **$221.1 million** as of December 31, 2019, primarily due to the timing of oil-price related pass-through effects on accounts receivables[196](index=196&type=chunk)[197](index=197&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=41&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Market risk disclosures for Q1 2020 remain materially unchanged from the 2019 Annual Report on Form 10-K - Information about market risks for the period ended March 31, 2020 does not differ materially from that discussed in the 2019 Form 10-K[209](index=209&type=chunk) [Controls and Procedures](index=41&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of March 31, 2020, with no material changes to internal control over financial reporting - The principal executive officer and principal financial officer concluded that the company's disclosure controls and procedures were effective as of March 31, 2020[210](index=210&type=chunk) - There were no changes in internal control over financial reporting during the fiscal quarter that have materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting[211](index=211&type=chunk) PART II - Other Information [Legal Proceedings](index=42&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in various ordinary course legal proceedings, which management believes will not materially affect financial condition but could impact operating results for a specific period - The company is involved in various claims and lawsuits from the ordinary course of business, with some matters involving large damage claims[213](index=213&type=chunk) - Management believes that the results of ongoing legal proceedings will not have a material adverse effect on the company's financial condition, but may be material to operating results and cash flow for any particular period[213](index=213&type=chunk) [Risk Factors](index=42&type=section&id=Item%201A.%20Risk%20Factors) This section updates risk factors, adding significant disclosure on the adverse effects of the COVID-19 pandemic, including operational disruptions and reduced demand - A new, significant risk factor has been added concerning the adverse effects of the COVID-19 pandemic on the company's business and results of operations[215](index=215&type=chunk) - The pandemic has caused operational disruptions, including to the supply chain and employee productivity, and has led to temporary closures of its own and its customers' facilities[216](index=216&type=chunk) - The company has experienced significant and unpredictable reductions in demand for its products, noting a significant decline in tire volume in the U.S. and Western Europe in the last two weeks of Q1 2020[217](index=217&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=43&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities or use of proceeds for the period - The company reported "None" for this item[220](index=220&type=chunk) [Defaults Upon Senior Securities](index=43&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities for the period - The company reported "None" for this item[220](index=220&type=chunk) [Mine Safety Disclosures](index=43&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - This item is reported as "Not applicable"[220](index=220&type=chunk) [Other Information](index=43&type=section&id=Item%205.%20Other%20Information) The company reported no other information for the period - The company reported "None" for this item[221](index=221&type=chunk) [Exhibits](index=44&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including corporate documents, executive agreements, and required officer certifications - A list of exhibits filed with the report is provided, including amended Articles of Association, employment agreements, compensation plans, and required officer certifications[222](index=222&type=chunk)