Oil & Gas Market Recovery and Performance Update

Kemira's cost structure and top raw materials DIRECT PURCHASES AND LOGISTICS COSTS 2020 EUR 1.4 billion 20% Logistics 10% Electricity & energy EXPOSURE TO OIL RELATED RAW MATERIALS 70% Not oil related TOP 12 RAW MATERIALS BY SPEND (around 50% of total raw material spend) 1. Sodium hydroxide (caustic soda)* Acrylonitrile (OD) 3. Aluminium Hydrate 30% Oil & gas related 2. 4. Colloidal silica dispersion* 5. Fatty acid 6. Amines (OD) 7. Alpha olefin (OD) 8. Sodium chloride (salt) 70% Raw materials Figures rounded to the nearest 5% Kemira APRIL 27, 2021 INVESTOR PRESENTATION 9. Petroleum solvents (OD) 10. Sulphuric acid 11. Acrylic ester (OD) 12. Acrylic Acid (OD) OD = Oil & gas derivative * Mainly trading materials 66

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