Forward Looking Statement This presentation contains historical information and forward-looking statements. Forward-looking statements typically contain words such as “expect,” “believe,” “estimate,” “anticipate,” or similar words indicating that future outcomes are uncertain. Statements looking forward in time, including statements regarding future growth and profitability, price increases, cost savings, broader product lines, enhanced competitive posture and acquisitions, are included in this presentation pursuant to the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that may cause Calgon Carbon Corporation’s (the Company’s) actual results in future periods to be materially different from any future performance suggested herein. Further, the Company operates in an industry sector where securities values may be volatile and may be influenced by economic and other factors beyond the Company’s control. Factors that could affect future performance of the Company include, without limitation: the Company’s ability to successfully integrate the November 2, 2016 acquisition of the assets and business of the wood-based activated carbon, reactivation, and mineral-based filtration media of CECA, a subsidiary of Arkema Group (the New Business) and achieve the expected results of the acquisition, including any expected synergies and the expected future accretion to earnings; changes in, or delays in the implementation of, regulations that cause a market for our products; changes in competitor prices for products similar to ours; higher energy and raw material costs; costs of imports and related tariffs; unfavorable weather conditions and changes in market prices of natural gas relative to prices of coal; changes in foreign currency exchange rates and interest rates; changes in corporate income and cross-border tax policies of the United States and other countries; labor relations; availability of capital and environmental requirements as they relate to both our operations and to those of our customers; borrowing restrictions; validity of patents and other intellectual property; and pension costs. In the context of the forward-looking information provided in this presentation, please refer to the discussions of risk factors and other information detailed in, as well as the other information contained in the Company’s most recently filed Annual Report. Any forward-looking statement speaks only as of the date on which such statement is made and the Company does not intend to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise, unless required to do so by the Federal securities laws of the United States. Non-GAAP Financial Data This presentation includes the use of EBITDA, a financial measure that is not in accordance with generally accepted accounting principles (“GAAP”). The Company defines EBITDA – which is a non-GAAP measure – as net income from its consolidated statements of comprehensive income before interest income, interest expense, income tax provision and depreciation and amortization. Since this is not a measure determined in accordance with GAAP, our definition may not be comparable to the calculation of similar measures by other companies. EBITDA should not be considered in isolation, as a superior measure to, or as an alternative measure to net income, income from operations, net cash provided by operating activities or other GAAP financial measures of operating performance or cash flow measures of liquidity. The Company has included EBITDA as a supplemental disclosure as it believes EBITDA provides useful supplemental information to investors regarding its ability to – among other things – service debt, pay dividends, and fund capital expenditures and because it uses the EBITDA metric as an element of its incentive compensation programs. Disclosure Statement
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