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Diversey and LG Electronics Announce Strategic Partnership

August 8, 2022

FOR IMMEDIATE RELEASE

UTRECHT, Netherlands, Aug. 8, 2022 -- Diversey Europe Operations B.V. (NASDAQ: DSEY), a leading provider of hygiene, infection prevention, and cleaning solutions, and LG Electronics are pleased to announce that they have entered into an exclusive distribution agreement for LG's commercial washers and dryers in the UK and Ireland markets.

This agreement offers customers across the region the opportunity to benefit from a wide range of innovative laundry equipment from the world's largest laundry machine manufacturer, combined with a fully-integrated suite of patented chemical solutions and engineering support; resulting in a 360-degree laundry program offered to shared customers.

"This partnership with LG significantly strengthens our entire offering for laundry solutions to customers throughout the UK & Ireland.  By combining LG's leading laundry technologies with Diversey's chemical, dispensing and engineering solutions, we feel confident that we can bring a new level of laundry programs to the UK & Irish markets that help our customers to reduce costs through energy, chemical and water consumption" commented Shane Mahoney, Managing Director of Diversey UK & Ireland.

Speaking on behalf of LG, Mr Moon Sungho, Commercial Director for LG Commercial Laundry Solutions, "Our partnership with Diversey is in consideration of its innovative cleaning solutions and our confidence in Diversey's exceptional management team.  We are confident that this new relationship will help to advance our customer's experience in the field of commercial laundry."

As the leading global pure-play provider to the cleaning and hygiene industry for the institutional market, Diversey's total-solutions approach to the management of in-house laundry programs ensures delivery of the most efficient and sustainable service by creating a cleaning system with the right combination of chemicals, equipment and application expertise tailored to meet customer needs.

About Diversey

Diversey's mission is to protect and care for people through leading hygiene, infection prevention, and cleaning solutions. We develop and deliver innovative products, services, and technologies that save lives and protect our environment. Over the course of 95 years, the Diversey brand has become synonymous with product quality, service, and innovation.

For more information, visit https://diversey.com or follow us on LinkedIn, Facebook, or Twitter @diversey.

About LG Electronics

LG Electronics is a global innovator in technology and consumer goods with a presence in almost every country in the world and a diverse workforce of 74,000. LG is composed of four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle Component Solutions and Business Solutions. With 2019 global sales of USD 53 billion, LG is a leading manufacturer of a wide range of products from TVs, washing machines, refrigerators, air conditioners, mobile devices, digital signage and automotive components. LG is also known for its premium LG SIGNATURE and advanced LG ThinQ brands, which feature the company's artificial intelligence technology. For more news on LG, go to www.LGnewsroom.com.

Diversey Holdings, Ltd. 
Corporate Communications 
Nonye Egbuta 
corporate.communications@diversey.com
<div class="line">&nbsp;</div> <h2>About Solenis</h2> <p>Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company&rsquo;s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 69 manufacturing facilities strategically located around the globe and employs a team of over 16,100 professionals in 130 countries across six continents. Solenis is a 2024 Best Managed Company Gold Standard honoree, recognized four years in a row.</p> <p>For additional information about Solenis, please visit <a href="/en/">www.solenis.com</a> or follow us on social media.</p>

FOR FURTHER INFORMATION

Global

Catherine (Katy) Abernathy

Vice President, Corporate Communications