Oil & Gas Market Recovery and Performance Update

We will increase focus on water treatment to further improve sustainability of I&W portfolio 24% of current raw materials from recycled sources Already up to 80% of raw materials from recycled sources in coagulants Kemira APRIL 27, 2021 INVESTOR PRESENTATION WE WILL CREATE AN ACTION PLAN TO FURTHER IMPROVE THE SUSTAINABILITY PROFILE OF THE I&W PORTFOLIO Further improve the circularity of our business by increasing share of recycled materials Start building a biobased polymer portfolio Increase segment focus on water treatment applications and capabilities Increase Oil & Gas focus on growing and less volatile businesses, i.e. CEOR and Oil Sands tailings. Expected recovery in shale provides near-term growth opportunities. 27

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