Financial Strategy & Maturity Profile

Financial targets to be achieved until 2023:

Profitability: ROIC >WACC (throughout the cycle)
Net Leverage: Net Debt / EBITDA ≤ 3.0x
Liquidity: Adequate liquidity reserve ~ USD 1.1 bn
Equity: Equity Ratio > 45%
Dividend Policy: Dividend ≥ 30% of EAT
Sustainable Investments: We will sustainably invest to increase the efficiency and quality of our assets

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Financial Debt Profile

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