Conference call on 2014 half year results 13 August 2014

Conference call on 2014 half year results 13 August 2014 IMCD IMCD Group N.V.

Disclaimer Forward looking statements This half year report contains forward looking statements. These statements are based on current expectations, estimates and projections of IMCD s management and information currently available to the company. These forecasts are not certain and contain elements of risk that are difficult to predict and therefore IMCD s management does not guarantee that its expectations will be realized. 1

Presenting team Piet van der Slikke, CEO Hans Kooijmans, CFO Led the formation of the IMCD Group since 1995 Designed and executed IMCD s strategy 19 years of industry experience Shareholder since 2001 Joined IMCD in 1996 Co-led formation of the Group 18 years of industry experience Shareholder since 2001 2

Agenda Company profile Highlights first half year 2014 Financials first half year 2014 Outlook Q&A 3

Company profile IMCD N.V. is a global leader in marketing, sales and distribution of specialty chemicals and food ingredients. Headquarted in Rotterdam, The Netherlands, IMCD is active in over 30 countries. IMCD represents world-class suppliers who are offered a fully integrated marketing, sales and distribution channel in Europe, Latin America, Asia-Pacific and Africa. The Group has a global workforce of approximately 1,500 people. 4

Highlights first half year 2014 Revenue +14% from EUR 614.4 million to EUR 702.4 million (+18% on a constant currency basis); all markets contributed to revenue growth Gross Profit +12% (+15% on a constant currency basis) Operating EBITA +13% to EUR 56.0 million (+18% on a constant currency basis) Listing IMCD shares listed on the Amsterdam Stock Exchange market as per 27 June 2014 Net debt Refinancing of credit facilities and loans finalized on 8 July 2014; Net debt reduced by EUR 556.3 million to EUR 291.2 million 5

Strong revenue growth with stable margins Income statement EUR million First half year 2014 First half year 2013 Operational Forex Total Full year 2013 Revenue 702.4 614.4 18.1% -3.8% 14.3% 1,233.4 Gross profit 147.2 131.4 15.5% -3.5% 12.0% 261.3 Gross profit in % of revenue 21.0% 21.4% 21.2% Third party costs 24.5 22.0 43.7 Third party costs in % of revenue 3.5% 3.6% 3.5% Operating EBITDA 57.3 50.5 99.0 Operating EBITDA margin 8.2% 8.2% 8.0% Operating EBITA¹ 56.0 49.4 18.4% -4.9% 13.5% 96.6 Operating EBITA margin² 8.0% 8.0% 7.8% Conversion ratio³ 38.1% 37.6% 37.0% ¹ Result from operating activities before amortization of intangibles and non-recurring items ² Operating EBITA in percentage of Revenue ³ Operating EBITA in percentage of Gross profit 6

Strong revenue growth with stable margins Income statement (continued) EUR million First half year 2014 First half year 2013 Operational Forex Total Full year 2013 Operating EBITA¹ 56.0 49.4 18.4% -4.9% 13.5% 96.6 Amortisation of intangible assets -10.1-9.0-19.4 Non recurring items -5.5-1.1-3.8 Net finance costs -32.6-30.0-65.2 Result before income tax 7.8 9.3 8.2 Income tax expenses -8.4-7.0-13.6 Result for the period -0.6 2.3-5.4 ¹ Result from operating activities before amortization of intangibles and non-recurring items 7

Revenue growth across all markets Income statement EUR million Europe Asia Pacific Other Emerging markets Holding companies Total Revenue growth First half 2014 505.1 141.6 55.7 702.4 First half 2013 464.2 119.1 31.2 614.4 reported 9% 19% 78% 14% constant currency 8% 37% 118% 18% Gross profit (margin) First half 2014 111.7 23.5 11.9 147.2 Gross profit in % of revenue 22.1% 16.6% 21.4% 21.0% First half of 2013 100.7 23.4 7.3 131.4 Gross profit in % of revenue 21.7% 19.7% 23.5% 21.4% margin % 0.4% -3.1% -2.2% -0.4% Operating EBITA growth First half 2014 44.9 11.0 4.5-4.4 56.0 First half 2013 36.7 13.3 2.8-3.5 49.4 reported 22% -18% 59% 27% 13% constant currency 22% -5% 95% 28% 18% Operating EBITA margin First half 2014 8.9% 7.8% 8.1% 8.0% First half 2013 7.9% 11.2% 9.1% 8.0% 1.0% -3.4% -1.0% 0.0% 8

Balance sheet EUR million Pro forma 1 After IPO & Refinancing 30 June 2014 31 December 2013 pro forma June 2014 - Dec. 2013 Property, plant and equipment 17 17 17 1% Intangible assets 666 666 671 Other fin. assets/def tax assets 6 6 6 Working capital 179 180 151 19% Provisions/employee benefits -10-10 -10 Deferred tax liabilities -76-76 -77 Capital employed 782 782 756 3% Equity 491-65 -67 Loans and borrowings minus cash 291 848 824-65% Total financing 782 782 756 3% 1 Pro forma illustrates the effect of the Ipo of shares and subsequent restructuring and refinancing of the company's indebtedness 9

Balance sheet EUR million 30 June 2014 31 March 2014 31 December 2013 June 2014 - Dec. 2013 Inventories 152 148 142 7% in days of revenue 39 39 42 Trade and other receivables 253 241 196 30% in days of revenue 65 63 58 Trade payables -175-176 -137 28% in days of revenue 45 46 40 Other payables -50-52 -51-1% in days of revenue 13 14 15 Total working capital 180 162 151 19% 10

Balance sheet EUR million Equity Net Debt 1 Total financing 30 June 2014-65 848 782 IPO and subsequent restructuring: Issue of shares minus related costs 260 260 Conversion shareholder loan 314-314 0 Redemption bank/shareholder loans -558-558 New senior bank loan 300 300 (Write off capitalized financing) costs -18 16-2 Pro forma after IPO and refinancing 491 291 782 1 Loans and borrow ings, Other short term financial liabilities minus Cash and cash equivalents 11

Financials first half year 2014 Free cash flow EUR million First half year 2014 First half year 2013 Full year 2013 Operating EBITA 56.0 49.4 6.7 96.6 Depreciation 1.3 1.1 0.2 2.5 Operating EBITDA 57.3 50.5 6.8 99.0 Capex -0.9-0.9 0.0-2.5 Working capital 1-27.0-15.8-11.2-16.0 Free cash flow 29.4 33.8-4.4 80.5 Cash conversion ratio 2 51.3% 67.0% 81.3% ¹ Inventories, Trade and other receivables and Trade and other payables 2 Free cash flow in percentage of Operating EBITDA 12

Outlook Macro-economic outlook for the most important regions IMCD is working in shows low to modest GDP growth. The group is continuously working on expanding its product portfolio and the acceleration of these initiatives is important to realize growth. Projects are going on to integrate and optimize the businesses acquired in 2013. Based on this, barring unforeseen circumstances, IMCD anticipates to grow the Operating EBITA for the year with at least 6%. 13

Thank you for your attention and we are happy to answer your questions 14

Appendix Appendix contents Income statement Q2 Income statement segments Q2 Free cash flow Q2 15

Appendix financials Q2 2014 Income statement EUR million Q2-2014 Q2-2013 Operational Forex Total Revenue 356.7 314.3 16.8% -3.3% 13.5% Gross profit 74.1 66.9 13.6% -2.9% 10.7% Gross profit in % of revenue 20.8% 21.3% Third party costs 12.4 11.4 Third party costs in % of revenue 3.5% 3.6% Operating EBITDA 28.7 25.4 Operating EBITDA margin 8.0% 8.1% Operating EBITA¹ 28.1 24.8 17.1% -4.1% 12.9% Operating EBITA margin² 7.9% 7.9% Conversion ratio³ 37.8% 37.1% ¹ Result from operating activities before amortization of intangibles and non-recurring items ² Operating EBITA in percentage of Revenue ³ Operating EBITA in percentage of Gross profit 16

Appendix financials Q2 2014 Income statement (continued) EUR million Q2-2014 Q2-2013 Operational Forex Total Operating EBITA¹ 28.1 24.8 17.1% -4.1% 12.9% Amortisation of intangible assets -5.0-4.6 Non recurring items -4.9-0.9 Net finance costs -16.5-13.4 Result before income tax 1.6 6.0 Income tax expenses -3.9-3.3 Result for the period -2.3 2.7 ¹ Result from operating activities before amortization of intangibles and non-recurring items 17

Appendix financials Q2 2014 Income statement EUR million Europe Asia Pacific Other Emerging markets Holding companies Total Revenue growth Second quarter 2014 255.0 73.1 28.6 356.7 Second quarter 2013 234.4 63.3 16.7 314.3 reported 9% 15% 72% 13% constant currency 8% 31% 103% 17% Gross profit (margin) Second quarter 2014 56.0 12.3 5.8 74.1 Gross profit in % of revenue 22.0% 16.9% 20.2% 20.8% Second quarter 2013 51.0 12.1 3.9 66.9 Gross profit in % of revenue 21.8% 19.0% 23.5% 21.3% margin % 0.2% -2.1% -3.2% -0.5% Operating EBITA growth Second quarter 2014 22.5 5.7 2.1-2.2 28.1 Second quarter 2013 18.5 6.6 1.5-1.8 24.9 reported 21% -13% 40% 25% 13% constant currency 20% -2% 69% 26% 17% Operating EBITA margin Second quarter 2014 8.8% 7.8% 7.3% 7.9% Second quarter 2013 7.9% 10.4% 9.0% 7.9% reported 0.9% -2.6% -1.7% 0.0% 18

Appendix financials Q2 2014 Free cash flow EUR million Q2 2014 Q2 2013 Full year 2013 Operating EBITA 28.1 24.8 3.2 96.6 Depreciation 0.6 0.6 0.0 2.5 Operating EBITDA 28.7 25.4 3.3 99.0 Capex 0.1-0.9 1.0-2.5 Working capital 1-17.0-3.3-13.7-16.0 Free cash flow 11.9 21.3-9.4 80.5 Cash conversion ratio 2 41.3% 83.5% 81.3% ¹ Inventories, Trade and other receivables and Trade and other payables 2 Free cash flow in percentage of Operating EBITDA 19

Contact Contact for further information Mr. H.J.J. Kooijmans Ms. C.T.L. Hamaker (as of 1 September 2014) +31 (0)10 290 8683 + 31 (0)10 290 8684 ir@imcdgroup.com carina.hamaker@imcdgroup.com 20