Kemira Investor Presentation

Industry & Water relevant chemicals market estimated to grow 4-5% REVENUE AND OPERATIVE EBITDA EUR million 1,600 224 1,400 192 175 181 1,200 1,000 131 107 114 800 1,542 600 906 1,009 1,073 1,136 1,115 970 400 200 0 2016 2017 2018 2019 2020 2021 2015-2016 figures are pro forma; combination of Municipal & Industrial and Oil & Mining segments REVENUE BY APPLICATION 70% Water treatment Market growth 4-5% 2022 • 20% Oil & Gas 10% Other • 7-8% 3-4% Demand for water treatment chemicals expected to increase due to - - Higher demand for water driven by industrial growth and population growth More stringent discharge limits for waste water Better dewatering of sludge Phosphorus recovery Water reuse Higher demand for Oil & Gas solutions expected Shale friction reducer market expected to grow due to higher energy demand - Oil sands operators face regulatory requirements for their tailings treatment Chemical Enhanced Oil Recovery lucrative in certain fields due to better yield from existing reservoirs Kemira APRIL 25, 2023 INVESTOR PRESENTATION 44

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