Driving Sustainable Economies slide image

Driving Sustainable Economies

Majority of contracts with fixed annual pricing Pulp & Paper - Contract types and pricing terms* Length - Around 95% of contracts are 1-year or longer / only 5% are spot deals • Pricing Around 65% fixed / 35% formula or spot pricing Industry & Water - Contract types and pricing terms* • Length - Around 70% of contracts are 1-yr or longer / 30% spot deals Pricing - Around 70% fixed (particularly in municipal) / 30% formula or spot pricing, incl. Oil & Gas where contracts are either formula or spot based *contract length does not necessarily correlate with fixed pricing. Kemira has a number of multi-year contracts that are based on formula pricing. Kemira OCTOBER 24, 2023 INVESTOR PRESENTATION 74 4
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