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Kemira Investor Presentation

Financial highlights of Q1 2023 Strong organic revenue growth in Q1 2023 • Revenue growth driven by higher sales prices in both segments. Sales volumes declined due to decline in Pulp & Paper. Organic revenue growth +17% in Q1 2023 Record-high operative EBITDA in Q1 2023 Broad-based improvement in both Pulp & Paper and Industry & Water, including the Oil & Gas business Operative EBITDA margin improved to a new high of 21.3% following higher sales prices Strong cash flow from operations in a seasonally lower quarter Earnings per share EUR 0.60 in Q1 2023 EUR million (except ratios) Revenue Operative EBITDA Q1 Q1 2023 2022 A% 2022 906.0 768.1 +18% 3,569.6 192.6 120.0 +60% 571.6 of which margin 21.3% 15.6% 16.0% Operative EBIT 141.9 68.9 +106% 361.6 of which margin 15.7% 9.0% 10.1% Net profit 95.4 42.2 +126% 239.7 EPS diluted, EUR 0.60 0.26 +128% 1.50 Cash flow from 96.7 -10.9 400.3 operating activities Kemira APRIL 25, 2023 INVESTOR PRESENTATION 58
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