Essity Investor Presentation Deck

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Essity

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Consumer

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November 2023

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#1es ees еэ essity A Global, Leading Hygiene and Health Company Magnus Groth President and CEO Actimove Knee Brace Adjustable Horseshoe Simple Hinges Condyle Pads RODILLERA ENVOLVENTE ARTICULADA Almohadilla rotuliana ajustable y bisagras monocentricas, almohada mohadillas para los cóndilos JOELHEIRA ENVOLVENTE Almofada ajustavel para a patela, articulações simples e almofadas para proteção dos condilos ATTELLE DE GENOU ARTICULÉE Insert rotulien réglabe, articulation simple et coussins condyliens COOLMAX#2This 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. essity UBS European Conference 2023 NEU Das 1. mit Stroh-Anteil Zewa Ultra Soft Mit extra welchen Wohlfühllagen TORK STOPY Better for you. Better for the planet NEW Thank you, S NOUVEAU 4t Moram 4 Cushelle Quilted 2xs beless Stolus • lotus Baby 造 冷岸 COUCHES 70% 6 W Douceur Naturelle 8 1 12 20 Libero touch 1 @ 19 Inkaged Leukomed P Ved plant Leukomed ki senatum N Nosotras LK 12. TENA smartcare IDENTIFI del productenregistreur MARSSON Libero ΤΕΝΑ touch HIR +2=7 MEN WASHABLE PROTECTIVE BOSER smartcare CHANGE INDICATOR ROMT Spas IDENTI Libero touch Leuko ed Leukop Leukoplast TORK#3156 150 es ees es Net sales 2022 SEKbn 48,000 employees essity Sales in countries#4e9 ees For everybody and every body essity Every day our brands care for the hygiene and health of a billion people across 150 countries Zewa Leukoplast JOBST Libero TOM modibodi knix ORGANIC Jempo Vinda 描述 Lotus TENAⓇ TORK Saba Nosotras Actimove Libresse#5Three Attractive Business Areas Leukoplast Health & Medical Holistic health and medical solutions along the continuum of care essity UBS European Conference 2023 Consumer Goods 449 pipes Personal and home hygiene for all stages of life Professional Hygiene Hygiene management solutions for a broad set of commercial applications November 14, 2023 5#6Strong Development of Sales and Profits Adjusted EBITA and EBITA margin²) Net Sales and Sales Growth¹) Sales Growth, % Q over last year's Q 43,930 e9 ee9 es Net Sales, SEKm 40,109 43,834 Q3 2022 +17.3% +16.0% +17.2% +8.7% +4.6% Q4 2022 1) Including organic sales growth and acquisitions 2) Excluding items affecting comparability 42,926 essity UBS European Conference 2023 43,516 Q1 2023 Q2 2023 Q3 2023 Adjusted EBITA, SEKM 2,990 7.5% 4,084 9.3% 4,358 10.2% Q3 2022 Q4 2022 Q1 2023 Adjusted EBITA Margin, % 5,313 4,701 10.7% Q2 2023 12.2% Q3 2023 November 14, 2023 6#7Progress on Key Priorities Y Innovation & Brands Price Management +5.9% in Price Strong price effect this quarter while still successfully protecting our #1 and #2 positions +1% in Mix Growth in high margin product segments and important product launches This quarter, products were launched under the brands TENA, JOBST, Actimove, Tempo and Plenty ΤΕΝΑ Jempo Plenty JOBST Actimove essity UBS European Conference 2023 Cost Efficiency SEK 224m generated from cost savings in Q3 Examples: Raw material rationalization Fiber mix Sourcing negotiations E-save -7- Growth in Fastest Growing Categories and Channels Inco Retail +15% Feminine Care +9% Knix +15% Compression +12% Hydrofera +20% E-commerce 14% of net sales Q3 2023 0 Leading in Sustainability Q3 initiatives: Recycled waste as raw material in Hondouville, France Green electricity generation in Suameer, Netherlands Full list of ESG targets and initiatives on website November 14, 2023 7#8Clear Long-term Financial Targets and Capital Allocation Priorities Annual sales growth¹) Average sales growth +6.6% 2015-9M 2023 ee9 Adjusted return on capital employed²) Adjusted ROCE has increased from 8.4% Q3 2022 to 14.6% in Q3 2023 1) Including organic sales growth and acquisitions 2) Excluding items affecting comparability essity UBS European Conference 2023 >5% >17% by 2025 Capital structure Baa1 long-term rating from Moody's and BBB+ from S&P Dividend Dividend policy aiming for stable and rising dividends Dividend +26% 2018-2022 Maintain solid investment grade rating Long-term stable and rising dividends November 14, 2023 8#9Back To Strong Sales and Profit Trajectory SEKbn 88.0 ee9 es Sales Growth²) 98.5 101.2 109.3 Net Sales 1) Excluding items affecting comparability 2) Including organic sales growth and acquisitions 118.5 129.0 121.8 121.9 essity UBS European Conference 2023 156.2 +6% +6% +7.5% +5.0% +4.5% -1.8% +4.5% +17.7% +9.8% 2014 2015 2016 2017 2018 2019 2020 2021 2022 9M 2023 Q3 2023 Q2 2023 Q1 2023 SEKbn 9.5 10.6 12.0 13.4 Adjusted EBITA¹) 12.9 15.8 17.6 13.7 2014 2015 2016 2017 2018 2019 2020 2021 13.1 HI 2022 9M 2023 Adjusted EBITA Margin¹) 10.8% 10.8% 11.8% 12.3% 10.9% 12.3% 14.5% 11.2% Q3 2023 Q2 2023 Q1 2023 8.4% 11.0% November 14, 2023 9#10Roadmap to Adjusted ROCE >17% ILLUSTRATIVE 8.4% 11.4% 12.7% 13.2% essity UBS European Conference 2023 14.6% Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 New Growth Initiatives Structural Efficiencies Commercial Excellence >17% 2025 Commercial Excellence Innovation & brand building Sustainable solutions Market share gains Price management Profitable growth Structural Efficiencies Efficiency Service excellence Digitalization SG&A Continuous improvement New Growth Initiatives Adjacent categories New digital models Expand into new categories November 14, 2023 10#11to t 4 XETEC a 201 TORK ΤΕΝΑ AZ essity Ⓡ Zewa Leukoplast JOBST/ Actimove Jempo e Lotus Vinda ܠ es ееэ essity es WELCOME to Essity's webcast Innovating for Profitable and Sustainable Growth November 27, 15:00 - 16:30 CET Libero Libresse Saba Nosotras TOM knix modibodi ORGANIC#125 essity 13 UIN Q&A F Actimove® SPORTS EDITION Knee Brace Adjustable Horseshoe Simple Hinges Condyle Pads RODILLERA ENVOLVENTE ARTICULADA Almohadilla rotuliana ajustable y bisagras monocéntricas, almohadillas para los cóndilos JOELHEIRA ENVOLVENTE Almofada ajustavel para a patela, articulações simples e almofadas para proteção dos côndilos ATTELLE DE GENOU ARTICULÉE Insert rotulien réglabe, articulation simple et coussins condyliens COOLMAX PRO ME#13es ees es essity

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