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Investor Presentaiton

Oil & Gas: Sequential recovery in shale continued Market environment in Q1 2021 • Shale: sequential market recovery continued • In oil sands tailings, customer treatment season to begin during Q2 2021. CEOR* end market expected to be solid in 2021. Kemira performance in Q1 2021 • . Oil & Gas revenue -24% y-o-y; sequential recovery in overall Oil & Gas revenue Clear improvement in shale revenue sequentially. Not able to fully capture market recovery due to raw material shortages following exceptionally cold weather. REVENUE DEVELOPMENT EUR million 87 73 77 66 62 66 56 52 46 41 38 40 27 Q1 Q2 Q3 Q4 Q1 2018 Q2 Q3 2019 Q4 Q1 Q2 Q3 Q4 Q1 2020 2021 Kemira APRIL 27, 2021 INVESTOR PRESENTATION *CEOR, chemical enhanced oil recovery 54
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