Driving Sustainable Economies slide image

Driving Sustainable Economies

Financial highlights of Q3 2023 • Revenue declined from high comparison period • Decline driven by lower sales volumes and lower sales prices for energy-intensive pulp and bleaching chemicals Organic revenue growth -9% in Q3 2023; Revenue EUR million (except ratios) Q3 Q3 A% 2023 2022 1-9 1-9 2023 2022 A% FY 2022 828.7 Operative EBITDA 160.3 152.5 +5% 971.9 -15% 2,574.8 2,601.3 504.0 394.6 +28% 571.6 -1% 3,569.6 +2% in 1-9 2023 of which margin 19.3% 15.7% 19.6% 15.2% 16.0% • Sequential volume improvement in both segments Operative EBIT 107.6 99.5 +8% 350.4 238.1 +47% 361.6 Strong operative EBITDA in Q3 2023 of which margin 13.0% 10.2% - 13.6% 9.2% 10.1% Operative EBITDA margin at the strong level of Net profit 19.3%, both y/y and sequential improvement 75.2 60.3 +25% 238.4 149.4 +60% 239.7 EPS diluted, EUR 0.46 0.38 +23% 1.48 0.93 +59% 1.50 Record margin in Industry & Water, solid performance in Pulp & Paper despite weak market Very strong cash flow from operations Earnings per share EUR 0.46 in Q3 2023; EUR 1.48 in 1-9 2023 Kemira OCTOBER 24, 2023 INVESTOR PRESENTATION Cash flow from operating activities 173.1 114.8 +51% 412.7 145.4 +183% 400.3 60 00
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