LyondellBasell Increases Credit Facility Leverage Ratio

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entered into Amendment No. 1 to its Third Amended and Restated Credit Agreement, increasing the Maximum Leverage Ratio through 2027. This amendment also imposes certain restrictions on dividends and share repurchases. The changes are reflected in the Company's $900 million structured accounts receivable facility. The full text of the Amendment is filed as Exhibit 10.1.

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About LyondellBasell Industries N.V.

LyondellBasell Industries N.V. operates as a multinational chemical company, actively engaged in the production and sale of chemicals and polymers. Serving as one of the world's largest plastics, chemicals, and refining companies, its primary function is to produce materials that find applications across a wide range of markets, including packaging, electronics, automotive, and construction. The company specializes in the manufacture of olefins and polyolefins, essential components for creating plastics and resins used in everyday items. Additionally, it offers fuel-related products and technologies for refining crude oil, impacting industries reliant on energy and fuel efficiency. Headquartered in Houston, Texas, and Rotterdam, Netherlands, LyondellBasell is recognized for its global footprint and extensive supply chain, underscoring its importance in the global manufacturing landscape. Through its innovative materials and sustainable solutions, the company plays a critical role in enhancing product performance and promoting environmentally-friendly alternatives in modern industrial applications.