Oil & Gas Market Recovery and Performance Update

Pulp & Paper KEY FINANCIALS EUR million Q1 2021 Q4 2020 Q3 2020 Q2 2020 Q1 2020 2020 Revenue 369.5 370.0 352.2 357.0 378.5 1,457.6 Operative EBITDA 62.9 68.9 65.5 65.6 60.2 260.2 margin 17.0% 18.6% 18.6% 18.4% 15.9% 17.9% Operative EBIT 33.2 37.5 34.8 35.7 30.1 138.0 margin 9.0% 10.1% 9.9% 10.0% 8.0% 9.5% Operative ROCE*, % 11.4% 11.1% 9.8% 9.5% 8.5% 11.1% Capital expenditure (excl. M&A) 11.1 33.6 23.0 21.0 14.3 91.9 Cash flow after investing activities 26.1 59.1 49.7 27.3 26.1 162.2 Kemira APRIL 27, 2021 INVESTOR PRESENTATION *12-month rolling average 72

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