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LYNDHURST – September 23, 2024

INEOS Quattro Holdings Limited today announced that its indirect wholly owned finance subsidiaries, INEOS Quattro Holdings UK Limited and INEOS US Petrochem LLC, intend to borrow, under the existing Senior Secured Term Loan Agreement, additional term loans in an aggregate principal amount of, when taken together with other senior secured debt to be incurred by INEOS Quattro Finance 2 Plc, approximately €1,600,000,000 (equivalent) in a combination of euro and U.S. dollars (the “Financing”).  The net proceeds of the Financing will be used to (i) refinance a portion of existing secured and unsecured debt and (ii) to pay transaction fees and expenses.

There can be no assurance that the Financing will be completed.

Contact

For further information, please contact:

Dirk Arhelger
Direct tel.: +49 (0) 69 509550 1168

Cautionary Statement

This press release is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States of America or in any other jurisdiction. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). No indebtedness incurred in connection with the Financing will be registered under the Securities Act.

This communication is not being distributed by, nor has it been approved for the purposes of section 21 of the Financial Services and Markets Act 2000 (as amended) (“FSMA”) by a person authorized under FSMA. Accordingly, this communication is only directed at persons who: (i) are outside the United Kingdom, (ii) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (iii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order, and (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of FSMA) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”).  This communication is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates will be available only to and will be engaged in only with Relevant Persons. Any person who is not a Relevant Person should not take any action based upon this communication and should not rely on it.

This announcement is not a public offering in the Grand Duchy of Luxembourg or an offer of securities to the public in any European Economic Area member state made under Regulation (EU) 2017/1129 (the “Prospectus Regulation”).

 Forward Looking Statements

This press release contains both historical and forward-looking statements. These forward-looking statements are not historical facts, but only predictions and generally can be identified by use of statements that include phrases such as “will,” “may,” “should,” “could,” “continue,” “anticipate,” “believe,” “expect,” “plan,” “probability,” “appear,” “project,” “estimate,” “intend,” “risk,” “target,” “goal,” “endeavor,” “outlook,” “optimistic,” “prospects” or other words or phrases of similar import. Similarly, statements that describe our objectives, plans or goals also are forward-looking statements. All statements that address INEOS Quattro Holding UK Limited, INEOS US Petrochem LLC, INEOS Quattro Finance 2 plc (the “Issuers”) or their respective parent companies’ future operating performance or events or developments that they expect or anticipate will occur in the future are forward-looking statements.

These forward-looking statements are based on the Issuers’ or the respective parent companies’ then current plans, estimates and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Noteholders are not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date of this press release, and we undertake no obligation to update publicly these forward-looking statements to reflect new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events might or might not occur. We cannot assure you that projected results or events will be achieved.