Suominen Oyj · OMXHEX:SUY1V
Suominen Oyj — Q3 2025 Earnings Presentation
34 slides from Suominen Oyj's earnings presentation, Oct 29, 2025
Slide 1: Investor Presentation Q3/2025
Slide 2: Content
CONTENT Suominen in brief Financials Strategy Sustainability ¢ R&D Market highlights Appendix We create innovative and sustainable nonwovens for our customers @) BIOLACE® FIBRELLA® ©) HYDRASPUN® ® GENESIS? NOVONETTE” & spc” > SUOMINEN WETLAID
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Slide 4: Suominen in brief
ie) OoOO0000 lomo) fe) SUOMINEN IN BRIEF « Nonwovens as roll goods for wipes and other applications ¢ The frontrunner in nonwovens innovation and sustainability ¢ Business areas: Europe 38% and Americas 62% of net sales May 7, 2025 Net sales in 2024, EUR million 462.3 In 2024, sales of sustainable p
Slide 5: Suominen Leadership Team
SUOMINEN LEADERSHIP TEAM ‘ Charles Héaulmé Janne Silonsaari Francois Guetat President & CEO CFO COO & é> Markku Koivisto Minna Rouru Mark Ushpol EVP, EMEA & CTO Chief People & EVP, Americas Communications Officer & suominen
Slide 6: Suominen has a strong global presence
Suominen has a strong global presence O Fracieitemctia Piloting facility @ Head office FINLAND 1552 Nakkila USA 3452 @e Espoo, Head office Green Bay locations on | ° : P7'"ds0r Locks . SPAIN 712 eo. ITALY1032 three continents Alicante e Cressa y) pilot lines Net sales by business area 2024 © BRAZIL6
Slide 7: Suominen's position in the nonwovens value chain
Suominen’s position in the nonwovens value chain Suominen is the global market leader in nonwovens for wipes, and among the largest spunlace nonwovens producers in the world. The global demand for nonwovens is growing continuously. The growth depends mainly on consumer demand, which is a combination
Slide 8: Investment highlights
INVESTMENT HIGHLIGHTS Nonwovens markets are growing in all regions October 29, 2025 _—" Legislation and consumer behavior are driving the need for more sustainable products and we are very well placed to respond to this growing demand Q CN Our organization and strategy give us an excellent basis to
Slide 9: Financials
Slide 10: Net sales, comparable EBITDA and cash flow from operations
FINANCIALS 500 480 460 440 420 400 380 360 Net sales, EUR million 458.9 493.3 443.2 462.3 450.9 431.1 411.4 2018 2019 2020 2021 2022 2023 2024 60 50 Comparable EBITDA, EUR million Cash flow from operations, EUR million 32.1 2018 29.9 2019 60.9 57.0 2020 111 2021 14.0 2022 30.7 2023 3.9 2024
Slide 11: Quarterly financials
Cash flow from operations, EUR million Net sales, EUR million 160 140 118.7 118.5 117.5 Quarterly financials 120 + 4196.4 113.6 111.6 114.9 99.8 99.8 100 8 6 Comparable EBITDA, EUR million 6 4 53 . 5.2 5.0 20 45 42 44 Q3/23, Q4/23) Q1/24 Q2/24 Q3/24 Q4/24 QI/25 Q2/25 3/25 a 3.3 3.2 3.4 3 2 1 0 a Oct
Slide 12: President & CEO's review — Q3/2025
President & CEO's review — Q3/2025 “Nonwoven demand has historically been stronger in the second half of the year. However, after the supply chain disruption during the first half of the year, the third quarter volume recovery progressed slower than previously anticipated. During the third quarter,
Slide 13: Equity ratio stable
Equity ratio stable Leverage multiple & components 180 160 140 120 117 100 109 101 EUR million 58 40 20 28 | 38 0 2018 2019 2020 2021 2022 2023 mmm |nterest-bearing liabilities ‘Comparable EBITDA e Leverage + The leverage multiple has varied a lot driven mainly by change in EBITDA + Suominen has a E
Slide 14: Outlook
lone) (oe) (oe) OoO0O00000000 CO00000000 O00000000 SS See OEE I ee ee TTT Te & Suominen OUTLOOK OCTOBER 29, 2025 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2025 will be lower compared to 2024. In 2024, Suominen’s comparable EBITDA
Slide 15: Financial targets 2020-2025
Financial targets 2020-2025 Net sales growth during the period: above relevant market growth Howto Growth get there? products * Innovation and launching new products to capture market share * Targeted investments to improve capabilities and increase capacity * Focus on fast-growing sustainable Geari
Slide 16: Strategy
Slide 17: 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 18: Strategy highlights in 2024
Strategy highlights in 2024 Share of new products of net sales is 2 1 — sustainable = product launches October 29, 2025 Sales of sustainable products increased compared to base year 2019 Investment projects in Bethune, South Carolina and Alicante, Spain to strengthen capabilities and capacity in sus
Slide 19: Sustainability and R&D
Slide 20: Sustainability
SUSTAINABILITY Sustainability is at the core of our strategy and business. Our vision is to be the frontrunner in nonwovens innovation and sustainability. Sustainability is an integral part of all our operations. Sustainability Agenda 2025-2030 Suominen’s sustainability agenda crystallizes the susta
Slide 21: Sustainability agenda 2025-2030
Sustainability agenda 2025-2030 + Zero lost time accidents (LTA) + Diversity, equity & inclusion (DEI) index 80% We continue to strengthen our safety culture. We promote human rights, equal opportunities for all employees, and building a high-performance culture. We commit to decreasing the environm
Slide 22: Sustainable Development Goals - Suominen
-O00O0000000 oo00000000 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 contri
Slide 23: Sustainability ratings and initiatives
Sustainability ratings and initiatives ecovadis Sustainability Rating SEP 2025 EcoVadis Suominen scored 82/100 points in the assessment in 2025 and received a Gold level rating. The result places Suominen in the top 2% of all the companies rated by EcoVadis and top 2% of companies rated by EcoVadis
Slide 24: Sustainability defined by Suominen
Sustainability defined by Suominen WY o™ COMPOSTABLE Nonwovens are compostable according to the international compostability standards and are made of only fibers from renewable resources. October 29, 2025 RENEWABLE Nonwovens made of variety of renewable materials from biobased plastics to natural f
Slide 25: R&D
R&D Suominen'’s vision is to be the leader in nonwovens innovation and sustainability. Sustainability is also one of the key themes in our R&D. Suominen is a pioneer in producing sustainable nonwovens, and our versatile R&D team has excellent Know-how in sustainable fibers. Our pilot lines at Nakkil
Slide 26: Pioneer in sustainable products, strong R&D
oo00000000 -O0O0O0000000 “OO0O0O0000000 ~~ 2 Sa TO —~ a —~ &, Suominen Pioneer in sustainable Strong Technology fit to products R&D sustainable nonwovens —- \ & BIOLACE® sustainable product 15 R&D professionals Aarti taeteeraale . . iT Paritalto sine Oey Focus on sustainability and We invented the w
Slide 27: R&D highlights
R&D highlights ecovadis Sustainability Rating SEP 2025 ARTICLE October 14, 2025 Suominen has been awarded a Gold Medal from its 2025 EcoVadis assessment READ MORE > October 29, 2025 ARTICLE September 15, 2025 The value of patterning and coloring in wipes substrates READ MORE > Su iz ! » \ February 7
Slide 28: New Fiber Center
New Fiber Center Target is to collaborate and onboard novel sustainable fibers at Suominen * Pilot and testing facilities in Finland and US * Carding and wetlaid * Bonding: spunlaced, thermal bonding, composites * In future adding pulp capabilities for spunlace * Prototyping * Partnerships Examples
Slide 29: Market highlights
Slide 30: 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 demand for wipes is expected to remain above pre-COVID-19 levels Legislation and consumer behavior are driving for more sustainable products and we have excellent opportunities to mee
Slide 31: believe they can make a difference through their everyday choices and actions in 2022
believe they can make a difference through their everyday choices and actions in 2022
Slide 32: Pure Nordic Quality
{—_ Suominen PURE NORDIC QUALITY
Slide 33: DIX
DIX N — in suede
Slide 34: Suominen history
Suominen Suominen Alicante, Bethune Green Bay Paulinia J.W. Suominen 1898 October 29, 2025 C.H. Dexter & Sons 1767 a as Le Tecnofibra/ Fiberweb 1971 = | | Green Bay Nonwovens 1997 wv Suominen