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Kemira Investor Presentation

Pulp & Paper KEY FINANCIALS EUR million Revenue Operative EBITDA Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2022 504.6 556.2 537.3 487.6 2022 446.5 2,027.7 1,559.6 2021 109.4 110.9 92.3 margin 21.7% Operative EBIT 80.4 80.3 19.9 17.2% 61.8 73.6 71.3 348.0 15.1% 16.0% 17.2% 244.7 15.7% 42.8 40.7 225.7 124.3 margin 15.9% 14.4% 11.5% 8.8% 9.1% 11.1% 8.0% Operative ROCE*, % 19.9% 16.9% 13.3% 11.4% 10.5% 16.9% 10.1% Capital expenditure (excl. M&A) 19.3 51.4 28.4 24.7 17.9 122.5 88.5 Cash flow after investing activities 53.8 115.0 66.6 49.3 -23.7 207.2 94.6 *12-month rolling average Kemira APRIL 25, 2023 INVESTOR PRESENTATION 81
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