#1BofA ESG Consumer & Retail Conference 2022 es ees es essity Magnus Groth President and CEO#2ee9 e9 pers tens essity MEN JOBST JOBSTA familia MEY Cushelle Ukra Okay 18+6OFFERTS Lotus Moltonel 13 MAX 38-400 BofA ESG Consumer & Retail Conference 2022 Drypers Regio Clean & Care This presentation may contain forward-looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties that could negatively affect our business. Please read our most recent annual and sustainability report for a better understanding of these risks and uncertainties.#3Figures 2021 121,867 13,680 150 46,000 1) Excluding items affecting comparability essity ee9 es Net sales SEKM Adjusted EBITA 1) SEKM Sales in countries approximately Employees approximately BofA ESG Consumer & Retail Conference 2022 BIG PACK TENA 183501 TORK Heavy Duty 50 OK Origine JOBST TORK Liquid Door Control 424011 $4 Leuicoplast NEU MIT 25% BAMBUS 93 01 50 Ⓒrv Mast Jibero Up&Go Jempo ECO MIT APYRAMINE 00 Libresse Ⓒ se Rhizo Forte JOBST MATERNITY OPAQUE UEVO 20 Actimove 18 Plenty MAX BIG ONE 18+6OFFERTS 18+ TEMA BOULAGE Lotus Moltone Extra Suave & Resistente DIS Regio Sans Tube 2x plus long Ⓒ 3 PETERIATE Med 4111 24 PE PRESkin 20 WN Stretch Night Schrif Culottes xensties TORK Medical Type tatt DA BEH 40 ROLLOS Aloe Vera TENA Face Mask 900 Jessit 12 00 05 Dresse V-Cup TENA MEN WASHABLE PROTECTIVE BOXER 16 Libero 1 PEN DIAPERL Stylish BLACK NOR TENA S/M P/MM MARMALE 0400000 €13 Saba Okay SANS TUBE 3x plus long P NEW! NOUVEAU ID= 0 22-10 JOBST JOBS ULTRA SHEER OPAQUE 47 P#4Highlights 2021 ■ Continued transformation including six acquisitions and creation of Consumer Tissue Private Label Europe division Price increases implemented and further increases in 2022 ▪ Significant cost savings ▪ High innovation pace E-commerce 14% of sales, corresponding to SEK 17bn ▪ Increased market shares ▪ Leading in sustainability with roadmap to Net Zero 2050 Digital transformation in all areas ■ essity BofA ESG Consumer & Retail Conference 2022 3 55 Actimove Vaness#5Our Business Areas Health & Medical Leukoplast C Actimove Incontinence Products Health Care Wound Care Compression Therapy Orthopedics essity BofA ESG Consumer & Retail Conference 2022 Men Consumer Goods 469 Res Incontinence Products Retail Feminine Care Baby Care Consumer Tissue Branded/Retail Branded Division: Consumer Tissue Private Label Europe Professional Hygiene Hygiene Solutions Tissue Skin Care Cleaning & Wiping#6Global Market Positions Health & Medical e9 ee9 es Incontinence Products #1 Compression Therapy #1 Orthopedics Wound Care TENAⓇ JOBST Leukoplast Actimove #3 #6 CutimedⓇ Delta-CastⓇ Consumer Goods BofA ESG Consumer & Retail Conference 2022 Incontinence Products #2 Consumer Tissue Feminine Care Baby Care ΤΕΝΑ N Vinda 维达 Libresse Jempo Saba 6 Lotus #2 #5 #5 TOM ORGANIC Libero Professional Hygiene Professional Hygiene #1 Source: The information has been compiled by Essity for presentation purposes based on data taken from external market sources including but not limited to retail audit companies, Price Hanna Consultants, SmartTRAK, Fastmarkets RISI and national macroeconomic data. essity TORK#7Net Sales Split 20211) 1) Proforma ee9 es By Business Area and Category Professional Hygiene, 22% essity Incontinence Products Retail, 6% Baby Care, 7% Feminine Care, 7% Incontinence Products Health Care, 11% Consumer Tissue Private Label Europe, 6% Medical Solutions 7% BofA ESG Consumer & Retail Conference 2022 Consumer Tissue, 34% Consumer Goods, 60% Health & Medical, 18% North America, 12% Latin America, 13% Asia, 18% By Geography Other, 3% Europe, 54%#8Financial Targets and Policies Annual sales growth ¹) ee9 es Adjusted return on capital employed²) 1) Including organic sales growth and acquisitions 2) Excluding items affecting comparability essity BofA ESG Consumer & Retail Conference 2022 Target >5% >17% by 2025 Capital structure Dividend MEN JUST JOUSTA familia Cushelle Policy Maintain a solid investment grade rating Long-term stable and rising dividends Okay 8+6OFFERTS Lotus Moltonel 13 ATIN MAX Drypers Regio Clean&Care TOM#9Development of Sales and Profitability SEKbn 88.0 eeg e9 2014 98.5 Sales Growth ²) +6% Organic Net Sales ³) +6% 101.2 Net Sales CAGR ¹) 4.8% 109.3 2015 2016 2017 +6% +7.5% +3% +1.2% 1) Compound Annual Growth Rate 2) Including organic sales growth and acquisitions 3) Net sales excluding exchange rate effects, acquisitions and divestments 4) Excluding items affecting comparability essity 118.5 Average Annual Increase of SEK 4.8bn 2018 129.0 BofA ESG Consumer & Retail Conference 2022 121.8 121.9 2019 2020 2021 +5.0% +4.5% -1.8% +4.5% +2.6% +4.5% -1.9% +3.3% SEKbn 9.5 2014 Adjusted EBITA Margin4) 10.8% 10.6 Adjusted EBITA 4) 12.0 CAGR ¹) 5.4% 13.4 12.9 15.8 Average Annual Increase of SEK 0.6bn 17.6 13.7 2015 2016 2017 2018 2019 2020 2021 10.8% 11.8% 12.3% 10.9% 12.3% 14.5% 11.2%#10Dividend essity SEK 7.00 +4% BofA ESG Consumer & Retail Conference 2022 5.75 2018 6.25 6.75 Dividend Growth+22% H 2020 7.00¹) 2019 2021#11Strategic Priorities Continuing the transformation journey essity Winning with people and culture Innovating Leading Brands BofA ESG Consumer & Retail Conference 2022 Accelerating Digitalization Leading in Sustainability Efficiency in everything we do Growing in Emerging Markets#12Value Creating Acquisitions familia AquaCast LINER essity asaleo care abigo Hydrofera COACH. ZONAS | ELASTIKON ● Legacy BofA ESG Consumer & Retail Conference 2022#13Innovations 2021 TORK 119 essity NEUE MALHA 570475 Zewa rt D Lotus bewährt FORK 121 Jemp Zewa Dyma Zewd Provi Senatis BofA ESG Consumer & Retail Conference 2022 TORK FUC Roskin SXL Night Pods TENA Libero 405 Zewa Ded ⠀ BO Libero I P DERMACare E Toalhas Umedecidos 40 TORK SOA BIG PACK TORK Origin TORK JOBST A 190 libero Up&Go Jempo 138 00 CO JOBST NEVO Actimove 18+6OFFERTS 18+6 Lotus Moltone Sans T Extra Suave & Resistente Plenty MAX BIG ONE Regio Sube Ⓒ 23- TORK 40 ROLLOS 900 TENA pecabi Suretch Night Card TENA MEN WASHABLE P NIT Libero 71 Stylish S/M P/M TENA Okay SANS TUBE Expl NOUVEAU SHEER JOBS 1:=1 #13 O 8 D-D lights JOBST timates CHA OPAQUE TERASE HOYENNE 560000 TORK Libero Comfort CANOPONOP TENA TENA CALLINNA ABSORVENTE LAVAVEL 8 0#14Sustainable Innovations Libresse SIZE S V.Cup FREE OF LATEX AND DYES essity 12h; *** FREEDOM AND PROTECTION 1 TRANSPARENT MENSTRUAL CUP BofA ESG Consumer & Retail Conference 2022 TENA PROTECTS ΤΕΝΑ Silhouette WASHABLE ABSORBENT UNDER CULOTTE LAVABLE WASCHBARE UNTERWÄSCHE HIPSTER x 1 TAILLE BASSE SO m 40% AR SECUR DRY 3x ODOCONTROL ΤΕΝΑ PROTECT MEN WASHABLE ΤΕΝΑ PROTECTIVE BOXER SECURE FOR DRIPS & DRIBBLES 40° BOXER ABSORPTION ZONE R TORK Microfiber Re-usable Cleaning Cloth Yellow DE T LE HO To P T NO T T Mo ung O Low List Excetont Diry Washable Dust Removal 300 Times ter me Ton es is dit ku pinta BOLERO MP To 000 Cha Toreda Turkness ba Tor For comption P14 P 18 36 01 Na 6 Wipers 30,5x30,5cm #essity Manufactured for City Han S40000 Geo and th Ving Mindan 2.M Made in Bangladesh www.forkglobal.com 7 322541 265766#15Increased Market Shares Position #1 or #2 ~90% of branded sales essity BofA ESG Consumer & Retail Conference 2022 Increased Market Shares -70% of branded sales in retail TORK TOM ORGANIC Vi Vinda 维达 Libresse Leukoplast® TENA Zewa Saba Libero Nosotras Jempo Lotus JOBST Actimove®#16Accelerating Digitalization 4 al 914 intima $7839 C 1.0 danh họ trong Mari IKAN NEVE WASCHBASE PERIODENPANTIES EINKAUFEN Customer & Consumer Interaction essity B BofA ESG Consumer & Retail Conference 2022 4 H E-commerce Digital Solutions ess Digitalization in Operations Data Analytics & Capabilities#17Leading in Sustainability Science-Based Targets, Scope 1 and 2 Science-Based Targets, Scope 3 essity BofA ESG Consumer & Retail Conference 2022 Target Outcome 2021 -35% by 2030 -18% by 2030 -15% 2020 -9% Initiatives and Recognitions BUSINESS 1.5°C AMBITION C Holy Grail 2.0 Intelligent Sorting Driven by AIMⓇ SCH MELHOR Powered by ALLIANCE TO END PLASTIC WASTE CDP DISCLOSURE INSIGHT ACTION A LIST 2021 The Consumer Goods FORUM FT LEADER IN DIVERSITY FINANCIAL TIMES statista 2022#18Growing in Emerging Markets Share of Net Sales 36% Share of Adjusted EBITA¹) 22% e9 ee9 es 2015 1) Excluding items affecting comparability essity Adjusted EBITA Margin¹) 2016 2017 -Emerging Markets 2018 2019 Mature Markets BofA ESG Consumer & Retail Conference 2022 2020 38% 36% Group 11.5% 11.2% 10.5% 2021#19Improving Efficiency ■ Cost savings 2019-2021 of SEK 2.8bn Manufacturing Roadmap Annual cost savings 2021-2025: SEK 0.5bn-1bn ▪ SG&A ■ Cost culture and continuous improvement essity BofA ESG Consumer & Retail Conference 2022 192#202022 Priorities ■ Price increases ■ Cost savings ▪ Innovation, digitalization and sustainability ■ Continued transformation with grow th in high return businesses, organically and through acquisitions essity BofA ESG Consumer & Retail Conference 2022 O TOM ORGANIC HYPOALLERGENIC EGENTLE ON SENSITIVE SKIN BREAD MATERNITY PADS WITH ORGANIC COTTON GABLE ORGANIC COTTON TAMPONS TOM ORGANIC 100% ORGANIC COTTON NOTHING ELSE. ULTRA THIN LINERS WITH ORGANIC COTTON TOM 6000 M ERGENIC TOM ORGANIC THE PERIOD BRIEF 26 PACK CONSCIOUS PERIOD CARE at the ans the bath and 16 16 ORGANIC COTTON TAMPONS 10 TOMS ORGANIC 100% ORGANIC COTTON, NOTHING ELSE ORGANIC COTTON TAMPONS SUPER PADS WITH WINGS TOM ORGANIC MADE WITH ORGANIC COTTON 6460 6006 REATHARY T DEGULAS ULTRA THIN WITH ORGANI TO ORGA BIODEGRADABLE H THE 100% MEDICAL#21e9 ees es essity