Presentation of results for Q1 2015

Warsaw, 7 May 2015

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Agenda

• Financial Performance

• Capital Group

• Polish market

• Foreign markets

• Corporate information

Presentation of results for Q1 2015

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Consolidated results

Presentation of results for Q1 2015

in PLN million Q1 2015 Q1 2014 growthrevenues 112,1 111,6 100,4%EBIT 10,9 8,1 134,6%EBIT margin 9,7% 7,3%EBITDA 15,4 12,7 121,3%EBITDA margin 13,7% 11,4%net profit 3,1 5,5 56,4%

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Selected financial data of the Capital Group

Presentation of results for Q1 2015

[in PLN million]

Q1 2015 Q1 2014 growth

Trade receivables

119.5 109.6 109.0%

Inventory 71.4 74.6 95.7%

Net interest debt

74.7 70.9

CAPEX 4.7 4.1

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Revenue for Q1 2015

Income of the Capital Group – geographical segments

Presentation of results for Q1 2015

Poland

Ukraine

Belarus

Other

Capital group

Plants manufacturing paints –located in Poland (3), Ukraine (1)and Belarus (1)

Modern factories producing annually approx. 140 million litres of various types of construction chemistry products

More than 230 different products for the traditional market, DIY networks and professionals

Presentation of results for Q1 2015

LLC Śnieżka EastTrade

Śnieżka Bel-Pol

FFiL Śnieżka SA

Śnieżka-Ukraina

RUSSIA

BELARUS

LITHUANIA

POLAND

HUNGARY

SLOVAKIA

ROMANIA

MOLDOVA

UKRAINE

Baltic Sea

Black Sea

Azov Sea

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Capital groupGeographical segments of the Capital Group’s sales

Foreign Markets

Presentation of results for Q1 2015

Data in PLN million

Polish market

Q1 2014 Q1 2015

Q1 2014 Q1 2015

Ukraine Belarus Other

Export destinations

The main export markets include: Ukraine

Belarus

Moldova

Russia

Kazakhstan

Romania

The share of Śnieżka export from Poland in the first quarter of 2015 was 15%.

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Presentation of results for Q1 2015

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Ukrainian market

- deprecation of hryvnia by 40% in 2014- dramatic decrease in demand in 2014 related to the political situation and economic crisis

Śnieżka sales in the Ukrainian market in UAH million

Presentation of results for Q1 2015

Q1 2014 Q1 2015

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•Śnieżka BELPOL – a manufacturer of fillers, sealers and white emulsion paints

- average use of paints per 1 inhabitant is 5 litres,

- ongoing devaluation of the Belarusian ruble exchange rate,

- Śnieżka's share in the Belarusian market is estimated at 15%.

Belarusian market

Śnieżka sales in the Belarusian market in PLN million

Presentation of results for Q1 2015

Q1 2014 Q1 2015

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Russian and Moldovan markets

- devaluation of the Russian ruble exchange rate and Moldovan leu

- average use of paints per 1 inhabitant is 7 litres in Russia and 5 litres in Moldova

Śnieżka's export

in PLN million

Moldova Russia

Presentation of results for Q1 2015

Q1 2014 Q1 2015

Śnieżka Satynowa advertising campaign

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Presentation of results for Q1 2015

VIDARON advertising campaign

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Presentation of results for Q1 2015

Magnat Ceramic advertising campaign

Presentation of results for Q1 2015

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Payment of dividends

• payment of dividends at PLN 2.50 per share from the profit for 2013

• proposal for payment of dividends at PLN 2.50 per share from the profit for 2014

• Śnieżka is part of the dividends companies index WIGdiv

Presentation of results for Q1 2015

Dividends per share in PLN

•“Children’s world in colours”

In 2014, 4 HOSPITALS were covered by the original social program of Śnieżka:

BUSKO-ZDRÓJ MORĄG

BIAŁYSTOK GOLUB-DOBRZYŃ

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Presentation of results for Q1 2015

2014 saw the eight edition of Śnieżka’s original program:

• 109 schools from small towns (up to 50 thousand inhabitants) from all over Poland took place

• The winning team represented the Primary School in Stare Zawady near Radom

“Colourful pitches…in other words First School League”

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Presentation of results for Q1 2015

Thank you for your attention

Warsaw, 7 May 2015