Investor Presentaiton

Pulp & Paper: Volumes exceeding pre- pandemic Q1 2020 level Market environment in Q1 2021 • Pulp, board and tissue demand improved; some stabilization in printing and writing demand. Organic growth +2.0% REVENUE AND ORGANIC REVENUE GROWTH (Y-ON-Y) EUR million 381 383 386 373 378 370 370 357 352 . Sales volumes continued to improve Good demand in pulp, packaging and tissue. Revenue in Printing & Writing customer segment improved sequentially. +0% -3% -3% -3% -1% 0% -4% -5% 2% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2019 2020 2021 APAC leading the recovery Market in APAC has seen fastest recovery from the COVID-19 pandemic OPERATIVE EBITDA AND OPERATIVE EBITDA-% EUR million 18.6% 18.6% 18.4% 17.0% 16.0% 15.9% 14.4% 13.3% 13.6% • Kemira APAC revenue growth +11% y-o-y, leading to improved profitability 65.6 65.5 68.9 61.3 60.2 62.9 50.7 53.7 52.6 Strong operative EBITDA margin Margin improvement result of good cost management and higher sales volumes Kemira APRIL 27, 2021 INVESTOR PRESENTATION Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2019 2020 2021 52

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