Essity Investor Presentation Deck

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November 2023

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#1e essity es ees еэ A Global, Leading Hygiene and Health Company Ulrika Kolsrud President, Health & Medical Essity Group 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 The Jefferies London Healthcare Conference 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#4Three Attractive Business Areas Leukoplast Health & Medical 16% of net sales 2022 Holistic health and medical solutions along the continuum of care essity The Jefferies London Healthcare Conference Consumer Goods 61% of net sales 2022 Personal and home hygiene for all stages of life 0 Professional Hygiene 23% of net sales 2022 Hygiene management solutions for a broad set of commercial applications November 16, 2023 4#5Net Sales Split 2022 By Business Area and Category Professional Hygiene, 23% essity Baby Care 6% Incontinence Products Retail 7% Feminine Care 7% Incontinence Products Health Care/ 9% Health & Medical, 16% The Jefferies London Healthcare Conference Medical Solutions 7% Consumer Tissue 41% Consumer Goods, 61% North America, 13% Latin America, 14% Asia, 17%* By Region Other, 3% Europe, 53% November 16, 2023 5#6Portfolio of Leading Brands Health & Medical Incontinence Products Health Care #1 Compression Therapy #1 Orthopedics #3 Wound Care #5 ΤΕΝΑ JOBST Leukoplast Cutimed Hydrofera Actimove Delta-Cast AquaCast es ee9 es LINER Consumer Goods The Jefferies London Healthcare Conference Incontinence Products Retail Consumer Tissue Feminine Care Baby Care TENA Libero knix Modibodi Libresse Zewa Saba Ⓡ Jempo #2 #3 #5 #5 Nosotras TOM ORGANIC Lotus Vinda K Professional Hygiene Professional Hygiene 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 #1 November 16, 2023 6#7e9 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 Libero knix Jempo Leukoplast Vinda 描述: Lotus TENAⓇ Cutimed Delta-CastⓇ Saba TORK JOBST Actimove® Nosotras Libresse#8Innovating for Increased Customer Value e9 ees eg NEU Das 1. mit Stroh-Anteil Schellad & JOBS OPAQUE JOBST RA SHEER PH Zewa Ultra Soft Mit extra weichen Wohlge essity Libresse Saba Libero touch 1 TENA smartcare IDENTIFI ulira 20 112 Saba 10 PROSkin Flex L: MAXI 128BIRD m Shaped Leukomed skin sedin nap TENA Leukomeda Actimove Abdominal Binder TENA MEN Man Lotus Devious Nitrile 81 COUCHES MO Libero touch MO OS Nana SENSITIVE 3 mokin Pants TENA MEN WASHABLE Wy TENA issuiva DEMAK UP issuiva Libero -70% 2.2 Regio USO RUDE P Mi TENA Saba Saba Thank you, Cutimed Sorbion Border 20x20cm/8x FOTLE Jempo Se F NEW Modibodi (Cushelle Quilte BRI €639 knix ess M TENA Silhouette VE (9) casmnaly TENA MEN Thank you, MODERATE#9... and Lower Climate Footprint TORK Microfiber Re-usable Cleaning Cloth Yellow 2 Sony Louisian Car Wa Cours Denpas sapor OR: Toda IGRILL 03 Hlu In curs Takk at Rawa 200 m In-To MOT PL PE tenis cras TORTO Table We WIN32 1170 Harry WARS BALTH T essity *{* Leukoplast eco 18 36 01 Skin-friendly and sustainable 30,5x30,5cm Leukoplas eco Skin-friendly and sustainable intimawear by Bodyform PERIOD PANTS TRITECH PERFORMANCE COTTON WASHABLE & REUSABLE PROTECTION UP TO 12h MODE HEAVY SAVERS Libero touch HYBRID DIAPER M QUE CLIMATE 7-12KG BREATHABLE 1 DIAPER COVER TEXTILE DIAPER COVER TEXTILE DIAPER COVER New! + MASSORBENT INSERT H DIAPER Libero tou HYBRID DIA M REDUCING OUR CLIMATE IMPACT 7-12 KG ST 35% 24 INSERTS ABSORBENT INS DIAPER COVER HABSORRENT TENA ΤΕΝΑ lights SENSITIVE Figstoor meewatten Com SKIN CARE DESIGN DRY ULTRA PADS 0% FRAGRANCES & DYES MINI SECURE orect PAPER PACKAGING CONTRO 3-in-1 Samtig weich Fl Waschmaschinenfest Wasmachde Rogerech Biologisch abbaubar Blodroda THANKS 4 30x Dermatologisch getestet Teatret Jempo 2 upo#10Committed Emissions by 2050 ees e9 FT statista FT FINANCIAL TILES statista essity 2022 LEADER IN DIVERSITY 2023 to Net Zero PLATINUM Top 1% 2023 ecovadis Sustainability Rating MSCI ESG RATINGS CCC B AAA BB BBB A AA AAA FTSE4Good Science Based Targets -18% Scope 1 and 2 (2022 vs 2016) CDP DISCLOSURE INSIGHT ACTION A LIST 2022 FORESTS Essity Household Products Sustainability Yearbook Member S&P Global ESG Score 2022 75/100 As of February 7, 2023. Position and Score are noustry specific and reflect exclusion areening aaberkasern more at spglobel omlegyearbook S&P Global Sustainable1#11Clear 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 The Jefferies London Healthcare Conference >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 16, 2023 11#12Leukoplast Health & Medical fessity Actimove WABOG TENAⓇ Leukoplast JOBST Actimove® Aqua Cast LINER Cutimed Hydrofera Delta-CastⓇ#13Key Figures Q3 2023 +5.8% Organic sales growth¹) 41.4% 16.3% 1) Including volume and price/mix 2) Excluding items affecting comparability essity e9 ee9 es Adjusted gross margin²) Adjusted EBITA margin²) The Jefferies London Healthcare Conference#14Health & Medical Categories INCONTINENCE PRODUCTS COMPRESSION THERAPY essity e9 The Jefferies London Healthcare Conference RENAL WH WOUND CARE EST ORTHOPEDICS November 16, 2023 14#15Comprehensive Assortment INCONTINENCE PRODUCTS COMPRESSION THERAPY essity The Jefferies London Healthcare Conference JOBST CASUAL PATTERN ΤΕΝΑ PROSkin Body Cream 2 PERFUME FREE FOR EXTRA DRY SKIN TENAⓇ 150ml JOBST Leukoplast CE Leukoplast Cutimed Tensoplast 75cmx25m Kabebinde ach Adhesive bandage, elatic Bande adhésive, élastique Bendades, elastic Batisch, Kevend windsel REF66004145 7205036 BSN Ⓡ Tensoplast NE Actimove Delta-CastⓇ Ⓡ Actimove WOUND CARE ORTHOPEDICS November 16, 2023 15#16Current Addressable Market Health & Medical Expected Market Growth CAGR (Compound Annual Growth Rate) 2023-2027 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 e9 ee9 es Market Size 2021: EUR-15BN >4% The Jefferies London Healthcare Conference November 16, 2023 16#17Well Positioned for Profitable Growth Targeting high prevalence conditions Growing market with favorable trends • High margins and low capital intensity Strong positions, Global no. 1 with TENA and JOBST ● Strong brands and successful innovations essity ukoplast plast ro edition plast edition pa trigo 12. ENA 4114 547 A ΤΕΝΑ □ Comptes Despirow Liput Cutimed Wound Navigator TINÊNCIA YM INCURA EVENÇÃO DERMACare SECA JUD Pants DE IRRITA Re ✪ 60000000 3x imito UNIDADES ROUPAS INTIMAS DESCARTAVE JOBST OPAQUE ANTIVAZAMENTO timove HANY Soft Tou Ver E Actimove SPORTS EDITION Ankle Support Elastic wrap Around 8 x6 ΤΕΝΑ "4 Nature ESANGE REC SANT ΤΕΝΑ smart cinta ban andes de cas Stylish NEW! NOUVEAU! NOIR O MP3 MALEDO IN AND DISCREET MINCES ET DISCRETES x18. ΤΕΝΑ LE TENA smartcare™ gateway ISHT Tem-102 e whose SECURE OPOTE OF Leukosilk ********* THALA Leukoplast ski XL Ni#18Unique Set of Capabilities Combining Consumer and Medical Expertise ▪ Strong R&D capabilities ▪ Customer insights - all stakeholders ▪ Broad channel presence ▪ Medical expertise ▪ Benchmark in Brand building ▪ Consumer/Shopper know-how essity The Jefferies London Healthcare Conference + Healthcare payers & providers Medical shops & distributors Off + Caregivers Patients & consumers 988 November 16, 2023 18#19Wound Care Take the Lead, Leveraging our unique solutions essity (The Cutimed Leukoplast® Ⓡ#20Leveraging Our Unique Solutions & Expertise Unique solutions to address relevant Health Care needs Leveraging our recent M&A's Expanding in Pharmacy and E-commerce Hydrofera abigo Leukoplast essity #HealingMeSoftly The Leukoplast skin sensitive family - Reliable, loving grip yet gentle removal. DESIGNFLFOS FRAGILE SKIN Load Leukomed som wound warriors Leukoplast It's time to fight antimicrobial resistance Cutimed The Jefferies London Healthcare Conference Leukoplast eco Skin-friendly and sustainable Leukoplast eco Skin-friendly and sustainable 10 Leukoplast eco kids Skin-friendly and sustainable November 16, 2023 20#21Compression Therapy Strengthen our #1 Position essity JOBST#22Delighting All Stakeholders Convenience for the customer Health Economic benefits for the payer essity 000** FORSIO The Jefferies London Healthcare Conference Comfortable and effective A flat-knit garment that promotes adherence Clinical benefits of JOBST Confidence eserrest recents BRITISH JOURNAL OF BIN COMMUNITY Brish Journal of Nuning NURSING This article was reprinted from British Journal of Community Nursing Vol 26, No 4 (Suppl 1), April 201 JOBST Superior comfort & style for the user BE PROUD. BE LOUD. November 16, 2023 22#23Orthopedics Strengthen position, building on market leadership in Fracture Management e9 WH essity Delta-Cast Actimove#24Win Across Channels Own the cast room, leveraging on our expert position essity The Jefferies London Healthcare Conference Leverage our unique solutions and recent M&A to win in Sports channel Griff in die grün-weiße Mottenkiste Werder Bremen setzt nach der Trennung von Trainer Robin Dutt mit Viktor Skripnik auf eine interne Lösung VON RANKHEMA 4-k Bejal d sen Jend der Markt and met egy The Codigading segeplads Ze greit une vo Kabel Da TV (c) Torte s Vert halls tres plad a vers Regis der d bundetage van de zu geben, bu d evente Samas e o The Sand G a Tarde Du in an der Werte Houst wewe hat KOMMENTAR HOFFMA Eichin muss liefern che ho Dut Toge gebr th da d Leukotape Win in Pharmacy and E-commerce with Actimove Actimove November 16, 2023 24#25Incontinence Products Lead & Shape the Market. essity TENA TENAⓇ#26Best Individual Care & Best Use of Available Resources WIDE RANGE OF TENA PRODUCTS TENA SMARTCARE DIGITAL SOLUTIONS essity The Jefferies London Healthcare Conference Quo TENA PRO Wash Cream 31 TENA Barrier Cream Creme barriere 10 2 at Wipes TENT SmartCare 4/5 236 PROSkin Flex MAXI B F ΤΕΝΑ COMF OPEN WITH FingerLift Feel Dry TRAINING AND SUPPORT TENA TOOLS November 16, 2023 26#27Expansion Strategy for Profitable Growth ▪ Home Care ■ CHANNELS/CUSTOMERS ■ Family carers Selfpay essity The Jefferies London Healthcare Conference ■ ■ GEOGRAPHIES Emerging markets Penetration globally OFFERS ▪ Sustainable solutions ■ Continuum of care Digital solutions O November 16, 2023 ug damit 27#28Priorities ▪ Accelerate profitable growth - organically and through acquisitions ▪ Further strengthen leading market positions ▪ Innovate and expand offerings to enhance customer experience ▪ Price management and efficiency improvements essity The Jefferies London Healthcare Conference ukoplast ds plast .ro edition plast edition ଶର ମହକ । g 12. 547 A TENA Cutimed Wound Navigator □ Comptes Ra UDÁVEL FLE SALE SE ACOES NA PRE 6000000 P/SEVERA ✪ imito JOBST OPAQUE UNIDADES ROUPAS INTIMAS DESCARTAVES HANY timove Soft Tou Actimove Ver E SPORTS EDITION Ankle Support Elastic Wap Around 8 x6 ΤΕΝΑ is N "4 Nature REC ΤΕΝΑ smartca indes de capteur NEW! NOUVEAU! NOIR Stylish Health & Medical O MP3 MALEDO IN AND DISCREET MINCES ET DISCRETES x18. LE ΤΕΝΑ smartcare™ gateway SECURE smartca CHANGE INDICATOR OPOTE OF Leukosilk THALA Leukoplast ski XL Ni#29to t 4 XETEC a 201 TORK ΤΕΝΑ AZ essity Ⓡ Zewa Leukoplast JOBST/ Actimove Jempo e Lotus Vinda WELCOME to Essity's webcast Innovating for Profitable and Sustainable Growth November 27, 15:00 - 16:30 CET Libero ܠ es ееэ essity es Libresse Saba Nosotras TOM knix modibodi ORGANIC#305 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#31es ees es essity

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