Univar Solutions Named to the FORTUNE 2023 World's Most Admired Company List

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02/01/2023 - 08:00 AM

The Company is recognized as part of the Wholesalers: Diversified segment

DOWNERS GROVE, Ill., Feb. 1, 2023 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, announced today that it has been named to the FORTUNE 2023 World's Most Admired Company list. Through a customized industry questionnaire administered by Korn Ferry, this annual global list ranks the companies with the strongest reputations among the world's top executives and directors from eligible companies, along with financial analysts. Reputations are evaluated from a series of attributes to determine industry rankings that include:

"It is a testament to the hard work of our great people who make a difference every day ..." - David Jukes

Ability to attract and retain talented people
The quality of management
Social responsibility to the community and the environment
Innovativeness
Quality of products or services
Wise use of corporate assets
Financial soundness
Long-term investment value
Effectiveness in doing business globally

"I couldn't be more pleased to see Univar Solutions receive such an honor as we continue living our purpose to help keep our communities healthy, fed, clean, and safe," said president and chief executive officer David Jukes. "It is a testament to the hard work of our great people who make a difference every day by putting the customer at the center of all they do whilst always striving to be better stewards of the planet."

Since 1997, FORTUNE has identified and ranked the World's Most Admired Companies with the study revealing how each win their strong reputations. With the corporate reputation score being an average of the attribute scores, FORTUNE determines the industry groupings by using the FORTUNE 1000 listing and the Global 500 listing. Companies must have approximately $10 billion in revenue and rank among the largest by revenue within their industry.

"Fortune congratulates all of the companies whose competitors and peers recognize their achievements and voted them onto the 2023 Fortune World's Most Admired Companies list, as well as the top 50 All-Stars, who have been named the best of the best by the broader business community in a challenging year," said Fortune editor in chief Alyson Shontell.

View the entire list at: https://fortune.com/ranking/worlds-most-admired-companies/

About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

Forward-Looking Statements
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions for the future which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities to address or otherwise mitigate the impact of the COVID-19 pandemic; the potential negative impacts of COVID-19 on the global economy and our customers and suppliers; the overall impact of the COVID-19 pandemic on our business, results of operations and financial condition; other fluctuations in general economic conditions, particularly in industrial production and the demands of our customers; significant changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including as a result of competitor consolidation; significant changes in the pricing, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt instruments, and our ability to obtain additional financing when needed; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations; an inability to integrate the business and systems of companies we acquire, including of Nexeo Solutions, Inc., or to realize the anticipated benefits of such acquisitions; potential business disruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationship with third party providers; accidents, safety failures, environmental damage, product quality and liability issues and recalls; major or systemic delivery failures involving our distribution network or the products we carry; operational risks for which we may not be adequately insured; ongoing litigation and other legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; potential impairment of goodwill; liabilities associated with acquisitions, ventures and strategic investments; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; and the other factors described in the Company's filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek, "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.