Investor Presentaiton

We have diversified our Oil & Gas business since the last oil downturn Revenue split 2020 Revenue split 2015 45% Oil sands and Chemical 15% Other O Enhanced Oil Recovery 40% Shale fracking 35% Other 5% Oil sands and Chemical Enhanced Oil Recovery 60% Shale fracking 2020 UPDATE • Action taken to optimize current Oil & Gas organization to the prevailing market situation. Orgnization ready when demand picks up. Sequential recovery in shale market continued towards year-end Kemira FEBRUARY 11, 2021 INVESTOR PRESENTATION 46

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