Investor Presentaiton

Cash flow EUR million Net profit for the period Total adjustments Change in net working capital Finance expenses Q4 2020 Q4 2019 2020 2019 24 9 138 116 84 81 298 302 50 83 -3 45 -5 -9 -22 -39 Income taxes paid -7 -21 -37 -39 Net cash generated from operating activities 146 142 375 386 Purchases of subsidiaries and business acquisitions, net of 0 1 -3 -3 cash acquired Capital expenditure -66 -82 -196 -201 Proceeds from sale of assets 2 0 2 8 Change in long-term loan receivables -6 0 -6 0 Cash flow after investing activities 77 60 173 190 Kemira FEBRUARY 11, 2021 Q4 2020 RESULTS 76 60

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