Slide 1: Sr
Sr
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
Slide 3: Suominen in brief
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 Net sales in 2024, EUR million 462.3 In 2024, sales of sustainable products incr
Slide 5: Executive Management Team
EXECUTIVE MANAGEMENT TEAM Jonni Friman EVP, Transformation Management Office Tommi Bj6rnman President & CEO Markku Koivisto EVP, EMEA & CTO Janne Silonsaari CFO Minna Rouru Chief People & Communications Officer Darryl Fournier COO Mark Ushpol EVP, Americas wv Suominen
Slide 6: Suominen has a strong global presence
Suominen has a strong global presence USA 2954 Green Bay @ Windsor Locks a Bethune @ SPAIN 682 Alicante @ @ BRAZIL 604 Paulinia FINLAND 152 4 Nakkila Espoo, head office ITALY 98 & Cressa Our main market areas are EMEA and North America. We also hold a strong position in the South American markets Am
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 _—" 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 continue to devel
Slide 9: Financials
Slide 10: Financials
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
Quarterly financials 160 140 120 100 8 fs} 60 4 o 20 e) Net sales, EUR million 133.1 118.7 118.5 116.8 112.7 114.9 113.6 111.6 | | | | | | | | Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Comparable EBITDA, EUR million 15 13.1 10 8.0 6.4 6.5 5 3.3 24 -2.2 -2.6 5 i! Q4/22 Q1/23 Q2/23 Q3/23 Q
Slide 12: President & CEO's review — Q4 and full year 2024
President & CEO's review — Q4 and full year 2024 The nonwovens market continues to have a healthy growth above the GDP, but our target markets are facing uncertainty due to the global geopolitical situation and shifting export balance. Our net sales in the financial year 2024 were EUR 462.3 million
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 MARCH 5, 2025 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2025 will improve from 2024. In 2024, Suominen’s comparable EBITDA was EUR 17.
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
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 i — sustainable = product launches March §, 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 sustai
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 2020-2025 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 JUL 2024 EcoVadis Suominen scored 77/100 points in the assessment in 2024 and received a Gold level rating. The result places Suominen in the top 5% of all the companies rated by EcoVadis and top 1% 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. RENEWABLE Nonwovens made of variety of renewable materials from biobased plastics to natural fibers MOIST TOILE
Slide 25: R&D: vision to lead in nonwovens innovation and sustainability
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, technology fit
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 ARTICLE ARTICLE ARTICLE February 21, 2025 February 7, 2025 October 29, 2024 Suominen’s HYDRASPUN® Carded-Pulp-Carded technology - Suominen'’s BIOLACE® product nonwovens product family — a sustainable high-performance family — Pioneering biodegradable Sustainable frontrunner in moist n
Slide 28: New Fiber Center
New Fiber Center Target is to collaborate and — | Pamples offibers in the pipeline: onboard novel sustainable + Bast fibers fibers at Suominen —— * Regenerated fr ¢ Pilot and testing facilities in cellulose fiber / Finland and US * Native cellulose man-made fiber * Carding and wetlaid * Bonding: spu
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 — iu au eley
Slide 34: Suominen
Suominen Suominen Alicante, Bethune Green Bay Paulinia J.W. Suominen 1898 C.H. Dexter & Sons 1767 a as Le Tecnofibra/ Fiberweb 1971 = | | Green Bay Nonwovens 1997 wv Suominen