Slide 1: Investor Presentation Q2/2025
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
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 May 7, 2025 Net sales in 2024, EUR million 462.3 In 2024, sales of sustainable p
Slide 5: Executive Management Team
EXECUTIVE MANAGEMENT TEAM ‘ ‘ 7 Charles Héaulmé Janne Silonsaari Darryl Fournier President & CEO CFO (xele) & 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 USA 2954 Green Bay @ Windsor Locks Bethune @ May 7, 2025 SPAIN 682 Alicante @ @ BRAZIL 602 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
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 May 7, 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 conti
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 May 7, 2025 60 50 Comparable EBITDA, EUR million Cash flow from operations, EUR million 32,1 2018 29,9 2019 60,9 57,0 2020 11,1 2021 14,0 2022 30,7 2023 3,9
Slide 11: Quarterly financials
Cash flow from operations, EUR million Quarterly financials Net sales, EUR million 160 140 118,7 118,5 117.5 120 | 12,7 14,9 a 111,6 106,4 : 99,8 : 100 80 Comparable EBITDA, EUR million 6 52 53 " 5,0 60 5 45 42 a1 40 4 35 32 20 31 27 0 2 2/23 G3/23. 4/23. 1/24 2/24 3/24 4/24 1/25 2/25 u 2/23 Q3/23.
Slide 12: President & CEO's review — Q2/2025
President & CEO's review — Q2/2025 “In the second quarter, we faced a lot of volatility in the market driven by the US tariff situation. Anead of the announced high tariffs towards China, US nonwoven customers stocked their inventories, mainly with supply from China. This momentarily led to excess i
Slide 13: Equity ratio stable
Equity ratio stable Leverage multiple & components 180 160 140 120 100 EUR million 101 102 41 L i. & 2018 2019 2020 2021 2022 2023 2024 mmm |nterest-bearing liabilities ‘Comparable EBITDA Cash and cash equivalents e Leverage + The leverage multiple has varied a lot driven mainly by change in EBITDA
Slide 14: Outlook
lone) (oe) (oe) OoO0O00000000 CO00000000 O00000000 SS See OEE I ee ee TTT Te & Suominen OUTLOOK AUGUST 7, 2025 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2025 will increase from 2024. In 2024, Suominen’s comparable EBITDA was EUR 1
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 May 7, 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 sustaina
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 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. May 7, 2025 RENEWABLE Nonwovens made of variety of renewable materials from biobased plastics to natural fibers
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, 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 March 19, 2025 Working Towards a 1.5°C Future — Suominen’s next steps in climate work READ MORE > May 7, 2025 ae ny ~ & —_ 4 ARTICLE February 21, 2025 Suominen’s HYDRASPUN® nonwovens product family — Sustainable frontrunner in moist toilet tissues READ MORE > ARTICLE February
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: Consumers believe they can make a difference
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: Appendix
DIX N — iu au eley
Slide 34: Suominen history
Suominen Suominen Alicante, Bethune Green Bay Paulinia J.W. Suominen 1898 May 7, 2025 C.H. Dexter & Sons 1767 a as Le Tecnofibra/ Fiberweb 1971 = | | Green Bay Nonwovens 1997 wv Suominen