LyondellBasell announced organizational changes to increase value from existing assets and targeted growth opportunities while accelerating the development of circular and low carbon solutions to meet increasing market demand. The changes, effective October 1, 2022, signify the deliberate steps LyondellBasell is taking in the company's evolution. The company's business unit executive officers will be as follows: Kierly y Foley, Executive Vice President, Refining, Intermediates and Derivatives.

Kenneth Lane, Executive Vice President, Olefins and Polyolefins (O&P). Torkel Rhenman, Executive Vice President, Advanced Polymer Solutions. James Seward, Executive Vice President and Chief Innovation Officer.

Yvonne van der Laan, Executive Vice President, Circular and Low Carbon Solutions. To align business strategy with execution, business units will now have obal responsibility for manufacturing operatioions. Circular and Low Carbon Solutions business results will be reported in the O&P segment.

In addition, the following leaders will be the executive officers for the various central functions within the organization: Tracey Campbell, Executive Vice President, Sustainability and Corporate Affairs. Dale Friedrichs, Executive e Vice President, Operational Excellence and HSE. A new Executive Vice President, People and Culture will be the subject of a future announcement and this team will continue to be led by Friedrichs during the interim period.

MichaeMcMcMurray and Jeffrey Kaplan will continue as Executive Vice President and Chief Financial Offir and Executivive Vice President and General Counsel, respectively. James Guilfoyle will relocate to Rotterdam and assume the role of Senior Vice President O&P Europe, Africa, Middle East and India (EAMEI). This realigned organization will create line of sight accountability within each business, elevate focus on operational excellence and accelerate progress in circularity and sustainability, while advancing employee engagement and culture to increase value for all stakeholders.