Investor Presentaiton

Industry & Water: Profitability remained strong Market environment in Q1 2021 • • Municipal water treatment market solid; industrial water treatment market showing some signs of recovery Sequential recovery in shale demand continued in Q1 2021 Organic growth -7.1% Organic revenue growth excluding Oil & Gas -4% due to lower caustic soda volumes and customer business model change. Water treatment rather solid. REVENUE AND ORGANIC REVENUE GROWTH (Y-ON-Y) EUR million 307 290 267 272 264 244 226 236 237 +5% +6% +4% -1% -1% -22% (-18% -10% -7% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2019 2020 2021 OPERATIVE EBITDA AND OPERATIVE EBITDA-% EUR million • Clear improvement in shale revenue sequentially Strong operative EBITDA margin 19.5% 18.1% 18.5% 18.3% 17.7% 16.8% 16.6% 17.6% 13.8% 52.4 56.8 45.0 48.2 47.6 37.5 40.0 39.0 41.7 • Profitability supported by good cost management Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2019 2020 2021 53 Kemira APRIL 27, 2021 INVESTOR PRESENTATION

View entire presentation