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Investor Presentaiton

Financial highlights of 2020 Organic revenue growth improved towards year- end • COVID-19 related economic slowdown impacted volumes, particularly in printing and writing and shale EUR million (except ratios) Revenue Q4 2020 Q4 A% FY 2019 FY A% 2020 2019 605.6 657.7 -8% 2,427.2 2,658.8 -9% Operative EBITDA 107.9 90.1 +20% 435.1 410.0 +6% • Organic revenue growth excluding Oil & Gas stable in Q4 2020, -2% in 2020 of which margin 17.8% 13.7% 17.9% 15.4% Strong margin development continued in Q4 2020 Operative EBIT EBITDA supported by lower variable costs, 57.0 42.4 +34% 237.7 224.0 +6% of which margin 9.4% 6.4% - 9.8% 8.4% including raw materials and efficiencies from new investments in China and the Netherlands Net profit 23.8 8.6 177% 138.0 116.5 +18% • Good fixed cost management EPS diluted, EUR 0.14 0.05 214% 0.86 0.72 +19% Earnings per share EUR 0.86 Strong cash flow from operating activities Dividend proposal of EUR 0.58 per share Cash flow from operating activities Dividend per share, proposal by the BoD, EUR* 146.4 142.5 +3% 374.7 386.2 -3% 0.58 0.56 +4% Kemira FEBRUARY 11, 2021 INVESTOR PRESENTATION *Board of Director's proposal to the AGM 2021 52
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