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EX - 99.1A 2 ex991ainvestordaypressrele.htm EX - 99.1A Celanese Corporation Outlines 2023 Growth Strategy and Outlook at Investor Day Acetyl Chain Celanese Corporation 222 West Las Colinas Blvd. Suite 900N Irving , Texas 75039 Dallas , March 25 , 2021 : Celanese Corporation ( NYSE : CE ) , a global chemical and specialty materials company , will host a virtual Investor Day beginning at 9 a.m. Eastern time today from Dallas . Chairman of the Board and Chief Executive Officer , Lori Ryerkerk , and other members of Celanese's executive management team will provide details on the Company's business strategies and outline the path for growth through 2023 . Exhibit 99.1A Celanese " Over the last decade , Celanese has advanced on a path to build unparalleled competitive positions , implement unique business models , and ingrain commercial excellence across the organization , " said Ryerkerk . " We have systematically elevated the fundamental earnings and cash generation profile of the Company over this time . As a result , Celanese has generated a total shareholder return ( TSR ) of 271 percent¹ over the last decade and delivered positive TSR in nine of the last ten years . Additionally , we have returned a total of $ 6.2 billion in cash to our shareholders over the last decade through share repurchases and dividends . " Ryerkerk continued , " Our businesses have demonstrated an ability to deliver resilient and strong performance in all environments . Following a challenging 2020 global backdrop , we entered 2021 with tremendous momentum across our businesses . Today , we will outline how we are enhancing Celanese's strategy to multiply this momentum and deliver double - digit earnings per share growth annually . " ¹ December 31 , 2010 - December 31 , 2020 John Fotheringham , Senior Vice President , will outline the strategic actions taken over the last decade to build out the Acetyl Chain's operating flexibility with regards to product , end market , feedstock , and geography . The business implemented a unique business model to optimize its unmatched optionality and has since delivered a series of earnings and margin profile improvements . 1 " We will highlight actions we are taking in the Acetyl Chain to layer on additional flexibility across our global network and more dynamically operate our business daily , " said Fotheringham . " In addition to the acetic acid expansion at Clear Lake , we have a number of debottlenecks and capacity additions across our product portfolio to drive continued earnings growth . " The Acetyl Chain is expected to deliver adjusted EBIT of $ 900 to $ 1,000 million in 2023 .