Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — Investor Presentation (April 2022)
29 slides from Suominen Oyj's investor presentation, April 2022
Slide 1: Suominen Investor Presentation
SUOMINEN INVESTOR , PRESENTATION Suominen manufactures nonwovens as roll goods for wipes and other applications April 2022
Slide 2: Contents
Contents (1) suominen in brief { 1 ) minen In ori Nae, uo e e /,» { 2 ) Investment highlights NU? 3 /.» \ ) Financials Q4 and full year 2021 &» suominen
Slide 3: Suominen in brief
&, Suominen el N IN BRI] 4 = SUOMIN! ee
Slide 4: Suominen in brief
Suominen in brief Nonwovens as roll goods for wipes and other applications The frontrunner in nonwovens innovations and sustainability Business areas Europe 40% and Americas 60% of net sales April 2022 Net sales in 2021, EUR million EBITDA in 2021, EUR million Professionals, over Sales of new produc
Slide 5: Suominen's financials since 2016
Suominen’s financials since 2016 Cash flow from operations, EUR million Net sales, EUR million EBITDA, EUR million 470 70 60 570. 4509 609 460 60 50 450 ABZ oo ao 431 oe 40 430 “ 40 _ - 50 321 599 4159 we ata soy 25:6 22.2 aio oo 20 aoo + to ta 380 ° : : : : . fo 2018 voy RSS 202020 2016 2017 2018 2
Slide 6: Strong global presence
Strong global presence FINLAND 1374 Nakkila @ Helsinki, Head office USA 2854 Windsor Locks Green Bay ° SPAIN 662 « ITALY 1644 Bethune e : Alicante Cressa Mozzate e BRAZIL584 Paulinia April 2022 8 locations on three continents 2 pilot lines & suominen
Slide 7: Our sustainability agenda 2020-2025
Our sustainability agenda 2020-2025 * Zero LTA (lost time accidents) + Engagement index 73% by 2025 Reduction targets are set per ton of product + 20% reduction of energy consumption * 20% reduction of process waste to landfill * 20% reduction of water intake * 20% reduction of emitted greenhouse ga
Slide 8: Financial targets 2020-2025
Financial targets 2020-2025 , , Gearing EBITDA margin i Net sales growth \\ he \ during . dur a by 2025: the period: uring the period: 1 | above || above relevant 40 -8 0% market growth \\ 12% ° X ° including the effect of IFRS 16 Leases How to Growth Profitability Gearing get there? * Focus on fast
Slide 9: Investment highlights
&, Suominen NT HIGHLIGHTS 4 = OTM! i INV ee
Slide 10: Investment highlights
Investment highlights April 2022 Nonwovens markets are growing in all regions Q aan Our organization and strategy give us an excellent basis to continue to develop the company further —) Legislation and consumer behavior are driving the need for more sustainable products and we are very well placed
Slide 11: Nonwovens markets are growing in all regions
Nonwovens markets are growing in all regions We are the leaders both in the spunlace and wipes nonwovens markets The COVID-19 pandemic increased sales volumes in all our markets. The demand for wipes is expected to remain above pre-COVID-19 levels Legislation and consumer behavior are driving for mo
Slide 12: Suominen's position in the nonwovens value chain
Suominen’s position in the nonwovens value chain April 2022 Primary production Brand owner re] Fiber producer e Converter, Nonwovens eg, wet wipe manufacturer. manufacturer Suominen
Slide 13: Mission, Vision and Strategy
Mission Vision Enabling our customers to win Frontrunner for nonwovens by creating quality nonwovens innovation and sustainability Strategy: Growth and profitability through sustainability, customer focus and efficiency We will grow by creating innovative and more sustainable nonwovens for our custo
Slide 14: Share of new products above 25% of net sales
• • Share of new products • above 25% of net sales
Slide 15: Demand for sustainable alternatives is growing
Demand for sustainable alternatives is growing Legislation and consumer behavior are driving for more sustainable products 71% . we ‘© of consumers say that sustainability is important to them 72% ili © of consumers are willing to pay a premium for brands that support recycling, practice sustainabil
Slide 16: Pioneer in sustainable products
-OOO0000000 -O00O0000000 > Suominen Pioneer in sustainable products ve BIOLACE® sustainable product portfolio since 2007 We invented the wetlaid spunlace category for flushable dispersible nonwovens — HYDRASPUN® product family April 2022 Strong R&D 882 15 R&D professionals Focus on sustainability an
Slide 17: Financials Q4 and full year 2021
eS 5, Suominen FINANCIALS @Q4 AN! FULL YEAR 2021
Slide 18: Net sales
Net sales Net sales, EUR million Net sales, EUR million 140 470 458.9 120 uno 1222 115.4 4444 11531136 115.6 460 100 | 987 450 443.2 ; 440 4311 80 430 426.0 4169 60 420 4114 40 410 400 20 390 0 380 QA4M19 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 4/21 2016 2017 2018 2019 2020 2021 * In 2021 sales vo
Slide 19: EBITDA
EBITDA, EUR million EBITDA, EUR million 20 18'S 70 18 18.90 18.1 609 60 16 15.3 14 13.5 — 42.0 12 113 10 90 “0 34.3 337 8 4 30 6 6 42 20 4 2 i 10 0 0 Q4/19 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 2016 2017 2018 2019 2020 2021 2016-2018 EBITDA before application of IFRS 16 Leases Q4 EBITDA wa
Slide 20: Cash flow from operations
Cash flow from operations Cash flow from operations, EUR million Cash flow from operations, EUR million 25 20 29 | 57 al 2 2 89 om Q4/19 Q1/20 I Q3/20 Q4/20 Qi/21 apie ff Q4/2t 60 50 40 30 20 10 0 114 570. 32.1 29.9 285 L L L L 2016 2017 2018 2019 2020 2021 Cash flow from operations for the full yea
Slide 21: Outlook for 2022
Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2022 will decrease from 2021. The main reasons are inventory levels which still remain high at certain customers as well as operational issues in the entire supply chain due to the current
Slide 22: Summary
&, Suominen SUMMARY ee
Slide 23: Summary
Summary ¢ Suominen manufactures nonwovens as roll goods for wipes and other applications ° Eight locations on three continents ¢ Net sales EUR 443.2 million in 2021 * Over 700 professionals pf * Our vision is to be the frontrunner for nonwovens innovation and sustainability
Slide 24: Investment highlights
Investment highlights April 2022 Nonwovens markets are growing in all regions Q aan Our organization and strategy give us an excellent basis to continue to develop the company further —) Legislation and consumer behavior are driving the need for more sustainable products and we are very well placed
Slide 25: Pure Nordic Quality
Sa Suominen PURE NORDIC QUALITY
Slide 26: Appendix
eS 5, Suominen NDIX 4 = APP’
Slide 27: Executive team
Executive team i Petri Helsky President and CEO Markku Koivisto R&D & Europe April 2022 Lynda A. Kelly Business Development & Americas Mimoun Saim Operations s Toni Tamminen CFO Klaus Korhonen HR & Legal & suominen
Slide 28: Organization
Global Operations Business Development Sourcing Technology Europe Americas Human Resources & Legal Affairs business area business area Finance & Controlling ICT Communications, IR & Sustainability President & CEO
Slide 29: Sustainable Development Goals - Suominen
Sustainable Development Goals - Suominen The Sustainable Development Goals (SDG) adopted by the United Nations in 2015 define international sustainable development focus areas and goals. We have identified three SDG's which cover the areas where we can make the biggest contribution and our sustainab