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Investor Presentaiton

Industry & Water KEY FINANCIALS EUR million Revenue Q4 2020 Q3 2020 Q2 2020 Q1 2020 Q4 2019 2020 2019 235.6 244.4 225.9 263.6 271.8 969.5 1,135.9 Operative EBITDA 39.0 47.6 40.0 48.2 37.5 174.8 191.7 margin 16.6% 19.5% 17.7% 18.3% 13.8% 18.0% 16.9% Operative EBIT 19.5 27.5 21.9 30.7 19.9 99.7 124.7 margin 8.3% 11.3% 9.7% 11.7% 7.3% 10.3% 11.0% Operative ROCE*, % 13.9% 14.0% 15.5% 17.6% 17.6% 13.9% 17.6% Capital expenditure (excl. M&A) 32.4 26.4 23.1 21.8 37.8 103.6 91.4 Cash flow after investing activities 29.2 25.7 2.3 12.6 57.3 69.8 128.7 Kemira FEBRUARY 11, 2021 Q4 2020 RESULTS *12-month rolling average 78 88
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