Core Viewpoint - LyondellBasell has announced a reduction in its quarterly dividend to $0.69 per share, reflecting a $0.68 decrease from the previous quarter, as part of a strategy to better position the company during ongoing market challenges [1][2]. Group 1: Dividend Announcement - The board of directors declared a quarterly dividend of $0.69 per share, which is a reduction from the fourth quarter 2025 dividend [1] - The dividend payment is scheduled for March 9, 2026, with an ex-dividend and record date of March 2, 2026 [1]. Group 2: Financial Strategy and Market Position - In 2025, LyondellBasell returned approximately $2 billion to shareholders from existing cash and operations despite a prolonged industry downturn [2] - The company aims to prioritize safety and reliability in 2026 while implementing cost reductions and seeking new opportunities to enhance profitability [2] - LyondellBasell remains committed to returning 70% of free cash flow to shareholders throughout the business cycle [2]. Group 3: Company Overview - LyondellBasell is a leader in the global chemical industry, focusing on creating sustainable solutions and enabling a circular and low carbon economy [3] - The company is one of the largest producers of polymers and a leader in polyolefin technologies, developing high-quality products for various applications [3].

Core Points - LyondellBasell will announce its second-quarter 2025 financial results on August 1, 2025, before the U.S. market opens [1] - A webcast and teleconference to discuss the results will be held at 11 a.m. EDT on the same day [1][2] Teleconference and Webcast Details - The teleconference will be hosted by David Kinney, head of investor relations [2] - Participants can access the webcast 10 to 15 minutes prior to the start of the call at the company's website [2] Toll-Free Teleconference Dial-In Numbers - Toll-free dial-in number for participants/guests is 877-407-8029, and the toll number is 201-689-8029 [3] - Presentation slides will be available during and after the teleconference on the company's earnings page [3] Replay Information - A replay of the call will be available from 1 p.m. EDT on August 1 until September 1, 2025 [4] - Replay dial-in numbers include a toll-free option at 877-660-6853 and a toll number at 201-612-7415, with an access ID of 13746206 [4] Company Overview - LyondellBasell is a leader in the global chemical industry, focusing on sustainable living solutions [4] - The company aims to enable a circular and low carbon economy through advanced technology and investments [4] - It is one of the world's largest producers of polymers and a leader in polyolefin technologies, providing innovative products for various applications [4]