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Investor Presentaiton

Net impact from sales prices and variable costs negative SALES PRICE VS VARIABLE COST TREND (ROLLING 12-MONTH CHANGE Y-O-Y) EUR million SALES PRICES AND VARIABLE COSTS (CHANGE Y-O-Y) EUR million 180 120 60 60 0 -60 -120 -180 2008 2009 201020112012201320142015201620172018 2019 2020 2021 Brent oil, USD Sales prices* -Variable costs* * 12-month rolling change vs previous year in EUR million Kemira APRIL 27, 2021 INVESTOR PRESENTATION 47 42 37 34 === 32 26 28 28 28 26 38 25 36 16 13 13 23 11 9 28 29 24 23 19 S 5 4 14 11 Hiili 16 15 -9 3 3 -18 -3-10 -2 -2 -10 -23 13 -16 -18 -20 -23 -26 -23-16 -5 -13-14 -20 -25 -4 0 -4 -4 -9 -13 -14 20 -29 -32 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2017 2018 2019 2020 Net impact on EBITDA (sales prices-variable costs) 2021 Sales prices -Variable costs 60 00
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