Investor Presentaiton

11 6,000 Our margin journey after the merger EUR million 5,000 4,000 3,000 2,000 1,000 2018 2019 Completion of merger 2020 2021 2022 Q1/23 Q2/23 Target of >17% % Q3/23 Sales, rolling 12 months, EUR million - - Adjusted EBITA, rolling 12 months, % of sales Note: 2018 and 2019 figures are Metso Outotec pro forma and H1/2020 illustrative combined. The merger was completed on July 1, 2020, after which the data is based on IFRS. 4 + 2 0 6 8 10 14 12 Metso 16

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