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Trinseo Announces $100,000 Donation for Midland County Flood Recovery

BERWYN, Pa. - Wednesday, June 24, 2020

Trinseo (NYSE: TSE) a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, announced today a $100,000 donation for flood recovery efforts related to the aftermath of the historic flooding that occurred in Midland County, Michigan last month.

“Ensuring our employees and the communities we operate in are safe is the top priority at Trinseo,” said Frank Bozich, Trinseo President, and CEO. “The devastation caused by this disaster has put many at risk in numerous ways. In turn, the tragedy has inspired those near and far to pull together and offer support, ensuring that no matter how long the healing process takes, resources will be available for Midland County to emerge stronger than before. Trinseo is committed and proud to support the Midland community and our employees along the road to recovery.”

Trinseo’s community donation will be split evenly between:

Trinseo has more than 230 employees working in Midland, which is Trinseo’s largest location in North America. In addition to the Company’s community support, Trinseo is providing monetary aid to 11 Trinseo households that were impacted by the floodwaters.

“Trinseo is living their vision to create impact in the communities where their employees live and work,” shared Holly Miller, President and CEO of United Way of Midland County.  “Their employees generously invest their dollars and time to make a difference. From managing the Meridian Elementary Distribution Site to donating their generous financial gift—their efforts are providing hope and help to those impacted by the recent flooding.”

Trinseo employees have been dedicated to managing the distribution site in Sanford, one of the hardest-hit areas. Trinseo is coordinating supply inventory and delivery from several community and state sources while also orienting and managing volunteers. Roughly 60 cars arrive daily, Monday through Saturday, to receive essential items that flood victims so desperately need like water, imperishable food, cleaning supplies, health and hygiene items, and laundry vouchers.

About Trinseo

Trinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber with a focus on delivering innovative, sustainable, and value-creating products that are intrinsic to our daily lives. Trinseo is dedicated to making a positive impact on society by partnering with like-minded stakeholders, and supporting the sustainability goals of our customers in a wide range of end-markets including automotive, consumer electronics, appliances, medical devices, packaging, footwear, carpet, paper and board, building and construction, and tires. Trinseo had approximately $3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees. For more information, please visit: www.trinseo.com.

Cautionary Note on Forward-Looking Statements

This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like "expect," "anticipate," "intend," "forecast," "outlook," "will," "may," "might," "see," "tend," "assume," "potential," "likely," "target," "plan," "contemplate," "seek," "attempt," "should," "could," "would" or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on our current expectations and assumptions regarding the timing of the proposed acquisition of the Arkema MMA and PMMA business (the "Acquisition"); estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities and cost synergies relating to the Acquisition, our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause such a difference include, but are not limited to, our failure to complete the Acquisition or meet the conditions to closing, including antitrust, works council and other regulatory approvals; the failure to obtain the financing necessary to fund the Acquisition and the impact of the substantial indebtedness to be incurred; costs related to the Acquisition; following the Acquisition, our ability to successfully integrate the acquired businesses, generate expected cost savings and synergies, maintain relationships with customers, retain key employees and profitably grow the business; and those factors discussed in our Annual Report on Form 10-K, under Part I, Item 1A —"Risk Factors" and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

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