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Investor Presentaiton

Industry & Water relevant chemicals market estimated to grow 3-4% REVENUE AND OPERATIVE EBITDA EUR million 1,136 1,073 956 1,009 970 906 175 192 131 116 107 114 2015 2016 2017 2018 2019 2015-2016 figures are pro forma; combination of Municipal & Industrial and Oil & Mining segments REVENUE BY APPLICATION 75% Water treatment Market growth 2-3% 2020 • 15% 10% Other • Oil & Gas 5-6% 2-3% 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 and increasing number of wells fracked 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 27, 2021 INVESTOR PRESENTATION 39
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