7 LETTER TO SHAREHOLDER No 103 H1 2026 RESULTS Strategy ACQUISITION OF XYPEX, A LEADER IN WATERPROOFING SOLUTIONS Saint-Gobain has entered into a definitive agreement to acquire Xypex, a global leader in crystalline waterproofing admixtures and coatings. Headquartered in Vancouver, Canada, the company operates in more than 100 countries, employs approximately 170 people and is expected to generate sales of CAD 110 million in 2026. Thanks to its cutting-edge technology, Xypex has established itself as the benchmark in crystalline waterproofing. Its solutions enhance the durability and service life of concrete structures, particularly in transportation infrastructure, water management facilities, and underground construction projects. This acquisition will enable Saint-Gobain to strengthen its presence in the attractive nonresidential and infrastructure markets, while creating commercial and operational synergies by combining Xypex’s specification-driven model with Saint-Gobain’s global footprint, distribution network and construction chemicals platform. The transaction, which is expected to be completed in the fourth quarter of 2026, is fully aligned with Saint-Gobain’s “Lead & Grow” strategic plan. It also reflects Saint-Gobain’s continued expansion in construction chemicals, with 14 acquisitions completed in the first half of 2026, including 9 in this segment, as well as 14 new production lines or plants opened, 13 of which are located in high-growth regions, particularly North America and Asia-Pacific. ZERO-CARBON CEMENT BOARD PRODUCTION IN VIETNAM Saint-Gobain Vietnam has reached a major milestone by becoming the first company in the country to achieve net-zerocarbon production (scopes 1 and 2) for its DURAflex® cement boards. Located in Quang Tri Province, this pioneering facility positions the Group at the forefront of sustainable construction in Asia and contributes directly to Vietnam’s objective of achieving carbon neutrality by 2050. This achievement is the result of a profound transformation of the plant’s industrial operations. The facility has replaced its diesel-fired boiler with biomass-powered equipment, using locally-sourced agricultural residues such as rice husks and wood chips. At the same time, the site is now supplied with electricity generated entirely from renewable sources. These changes have reduced scope 1 CO2 emissions by approximately 2,000 tons per year, notably through the elimination of fossil fuels and the full electrification of forklift trucks. Scope 2 emissions have been reduced by a further 2,800 tons per year through the use of renewable electricity. As a further step, scope 3 emissions are also being reduced through the partial substitution of cement in the products. Beyond its environmental impact, this project demonstrates Saint-Gobain’s ability to turn its climate commitments into tangible results and to play a leading role in low-carbon innovation across Asia. Innovation Markets & Customers RIGIMOVE®: THE PARTITION WALL WITH ENDLESS POSSIBILITIES RigiMove®, developed by Rigips® (Saint-Gobain Germany), is revolutionizing interior partitioning through a system that is able to be fully disassembled and reused. Unlike traditional partitions designed for a single use, RigiMove® enables spaces to be assembled, disassembled and reconfigured without complicated construction work or significant waste generation. The system is based on telescopic studs installed without permanent fixings on panels secured using hook-and-loop fastening strips. This design eliminates the need for jointing, plastering, drying, sanding and painting, significantly reducing installation times and on-site disruption. Designed for multiple reuse cycles, RigiMove® improves its environmental footprint with each use. Launched in Germany in 2025, it addresses growing demand for flexibility in offices, retail spaces and adaptable residential buildings.
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