Presentation of Suominen Corporation's Q4 and FY2016 results.

1. Suominen Corporation
Q4 and FY2016
Nina Kopola, President & CEO
Tapio Engström, CFO
31 January 2017

2. Our purpose is to make nonwovens continuously better for people.
Agenda
• Highlights Q4 and FY2016
• Strategy execution
• Financial review Q4 and FY2016
• Outlook 2017
• Summary
• Q&A
1/31/2017 2

3. Our purpose is to make nonwovens continuously better for people.
Suominen’s FY 2016 in a nutshell
- The development of net
sales and operating profit
did not live up to our
expectations.
- Financial targets were not
met in financial year 2016.
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+ Cash flow from operations
continued strong.
+ Portfolio transformation
continued in the right
direction.
+ The Bethune investment
proceeded in schedule. Once
completed, it will provide us
new opportunities for future
profitable growth.
+ Dividend proposal is EUR
0.11 per share.

4. Our purpose is to make nonwovens continuously better for people.
Net sales declined from the comparison period
Net sales, M€ Net sales, M€
104.8
111.9112.9114.9
104.2103.9108.8 103.8
100.4
0
20
40
60
80
100
120
356.9
373.7
401.8
444.0
416.9
0
100
200
300
400
500
2012 2013 2014 2015 2016
• Due to the tightened competitive situation, it was harder than usual to predict the development of demand. In addition, there
were pricing pressure at the markets. The competitive situation toughened mainly in baby wipes in the North American and
European markets and in flushable products in the European markets.
• Both in Q4 and full year, net sales were affected by both lower sales prices and volumes, approximately in equal proportions.
• The revenue recognition of a larger than usual number of customer deliveries was postponed from Q4 into 2017.
In 2014: continuing operations. In 2012-2014: continuing operations.
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5. Our purpose is to make nonwovens continuously better for people.
6.2
7.3
9.9 9.8
4.3
5.5
8.7
7.9
3.5
5.9 %
6.5 %
8.8 %
8.5 %
4.1 %
5.3 %
8.0 %
7.6 %
3.5 %
0%
2%
4%
6%
8%
10%
0
2
4
6
8
10
Q4/14 Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16
M€ %
Operating profit was burdened due to several factors
Comparable operating profit Comparable operating profit
• Lower sales volumes and pricing pressure caused by tightened competition had an impact on the
operating profit.
• The efforts to improve our strategic capabilities, for instance in R&D resources, in the Bethune
production line investment, and in the ongoing ICT systems renewal, increased our costs.
4.2 %
5.2 %
6.7 %
7.0 %
6.1 %
0%
1%
2%
3%
4%
5%
6%
7%
8%
0
5
10
15
20
25
30
35
2012 2013 2014 2015 2016
M€ %
1/31/2017 5
In 2014: continuing operations. In 2012-2014: continuing operations.

6. Our purpose is to make nonwovens continuously better for people.
Strategy
execution
1/31/2017 6

7. Our purpose is to make nonwovens continuously better for people.
Strategy 2015–2017
1/31/2017 7

8. Our purpose is to make nonwovens continuously better for people.
Investments in growing markets of higher value-
added products with attractive prospects
Location Value Segments Market
growth*
Competitive
situation
Bethune, SC, US >50 M€ Flushables
+9% (NA) Tightening
Household
wiping +7% (NA) Balanced
Workplace
wiping +5-7% Balanced
Paulínia, BR
4 M€
Medical +3-5% Emerging
market
Alicante, SP Workplace
wiping +5-7%
Balanced
Nakkila, FI Several
segments
+2% Mixed
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*Estimates based on third party forecasts and management analysis, reflecting averages.

9. Our purpose is to make nonwovens continuously better for people.
Growth investment program soon completed:
Equipment installations ready at Bethune
1/31/2017 9
• The new technological
opportunities offered by the
production line investment in
Bethune enhance our ability to
increase the share of products
with higher added value in the
portfolio.
• Our plan is to start customer
deliveries from the new line in
the first quarter 2017.

10. Our purpose is to make nonwovens continuously better for people.
Thanks to the investments made, we are launching
new products with higher added value
• AIRLACE™ for Workplace nonwovens
substrate was launched in January
2017.
• The new product belongs to the
Suominen@work offering and is
designed for demanding professional
wiping.
• The product is novel also for
Suominen, and the investment made
at the Alicante plant enabled us to
include it into our offering.
1/31/2017 10

11. Our purpose is to make nonwovens continuously better for people.
The increase in the share of products with higher
added value* in our portfolio continued
38%
25%
18%
10%
8%
2016: 416.9 M€
40%
22%
17%
11%
7%
2015: 444.0 M€
*Nonwovens for personal care, household and workplace wipes as well as for hygiene and medical products typically
carry higher added value.
1/31/2017 11
Household wipes Workplace wipesBaby wipes Personal care wipes Hygiene & medical
products
47%
18%
19%
10%
6%
2012: 357.9 M€

12. Our purpose is to make nonwovens continuously better for people.
Essential actions taken also in other focus areas of the
strategy
Proactive key account
management and mutual value
creation; new capabilities:
• The customer interface of
Suominen was strengthened in
2016 through several
recruitments in key positions.
• New positions were filled
especially in R&D, product
management and sales.
1/31/2017 12

13. Our purpose is to make nonwovens continuously better for people.
Essential actions taken also in other focus areas of the
strategy
Demand-driven supply chain:
• Group-wide project for ICT systems renewal progressed as
planned.
• The project enables Suominen to fully deploy global processes
and enhances our ability to forecast demand and manage our
order-supply chain.
1/31/2017 13

14. Our purpose is to make nonwovens continuously better for people.
5.0 %
12.4 %
15.7 % 15.9 %
11.6 %
0%
5%
10%
15%
20%
2012 2013 2014 2015 2016
ROI, %
6.9 %
3.5 %
0.8 %
-6.1 %-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
Organic net sales growth, %
2013 2014 2015 2016
101,0 % 96.2 %
34.7 %
25.9 %
39.6 %
0%
20%
40%
60%
80%
100%
120%
2012 2013 2014 2015 2016
Gearing, %
Mid-term financial targets and their realization in
financial year 2016
• Organic growth of net sales , excluding
currency effect, compared to previous year.
Indicator is reviewed annually.
• Target level marked with dashed line.
• Figures from 2012 to 2014 concern only
Suominen’s continuing operations.
1/31/2017 14

15. Our purpose is to make nonwovens continuously better for people.
New strategy period (2017–2021) about to begin
1/31/2017 15
The investments
and other
capability
development
projects have
created improved
conditions for
Suominen’s future
growth.
Success in the
execution of the
upcoming strategy
will bring our net
sales above 600 M€
in 2021.
Regarding the
operating profit, we
target to reach a
clearly higher level,
over 10%.
More information
on our strategy for
2017–2021 will be
disclosed on
26 April.

16. Our purpose is to make nonwovens continuously better for people.
Financial review
1/31/2017 16

17. Our purpose is to make nonwovens continuously better for people.
Profit for the period declined
Profit for the period, M€ Profit for the period, M€
4.8
3.5
6.2
5.4
1.9
3.4
5.2
4.9
1.6
0
1
2
3
4
5
6
7
-2.8
5.7
10.2
17.0
15.2
-5
0
5
10
15
20
1/31/2017 17
2012 2013 2014 2015 2016
In 2014: continuing operations. In 2012-2014: continuing operations.

18. Our purpose is to make nonwovens continuously better for people.
Statement of profit or loss
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1,000 euros 10-12/2016 10-12/2015 1-12/2016 1-12/2015
Net sales 100,365 104,244 416,862 444,042
Cost of goods sold -89,413 -92,972 -364,636 -386,042
Gross profit 10,952 11,272 52,226 58,000
Other operating income 324 3 1,909 2,637
Sales and marketing expenses -2,162 -2,410 -7,364 -7,760
Research and development -1,362 -925 -4,330 -3,527
Administration expenses -3,938 -3,963 -16,191 -16,709
Other operating expenses -275 284 -629 -862
Operating profit 3,540 4,262 25,622 31,778
Net financial expenses -1,149 -1,358 -3,190 -5,302
Profit before income taxes 2,391 2,903 22,432 26,476
Income taxes -759 -984 -7,199 -9,456
Profit for the period 1,632 1,919 15,233 17,020
Earnings per share, EUR
Basic 0.03 0.03 0.29 0.32
Diluted 0.03 0.03 0.26 0.29
Capitalized
borrowing cost
decreased net
financial expenses
In absolute terms, the
fixed costs remained
at last year’s level,
proportionally slightly
higher
Effective tax rate
slightly lower than
in 2015

19. Our purpose is to make nonwovens continuously better for people.
Statement of financial position, assets
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1,000 euros 31 Dec 2016 31 Dec 2015
Non-current assets
Goodwill 15,496 15,496
Intangible assets 14,133 13,275
Property, plant and equipment 135,510 97,931
Loan receivables 6,836 7,793
Available-for-sale assets 777 777
Other non-current receivables 2,524 2,402
Deferred tax assets 3,424 4,491
Total non-current assets 178,698 142,165
Current assets
Inventories 42,631 32,557
Trade receivables 53,946 51,547
Loan receivables 1,550 1,000
Other current receivables 7,274 7,038
Assets for current tax 2,008 1,874
Cash and cash equivalents 29,522 55,570
Total current assets 136,929 149,585
Total assets 315,628 291,750
Growth investment
program
Inventories
increased as
planned as we
proceed to 2017

20. Our purpose is to make nonwovens continuously better for people.
Statement of financial position, equity and liabilities
Equity and liabilities, 1,000 euros 31 Dec 2016 31 Dec 2015
Share capital 11,860 11,860
Share premium account 24,681 24,681
Reserve for invested unrestricted equity 70,855 69,652
Treasury shares -44 -44
Fair value and other reserves 10 -118
Exchange differences 12,613 5,097
Other equity 6,324 -3,076
Total equity attributable to owners of the parent 126,300 108,052
Hybrid bond 16,525 17,664
Total equity 142,824 125,716
Liabilities
Non-current liabilities
Deferred tax liabilities 11,195 10,890
Liabilities from defined benefit plans 1,081 1,105
Other non-current liabilities 364 651
Debentures 75,000 75,000
Other non-current interest-bearing liabilities 11,574 18,498
Total non-current liabilities 99,214 106,144
Current liabilities
Current interest-bearing liabilities 7,923 3,363
Liabilities for current tax 280 47
Trade payables and other current liabilities 65,388 56,479
Total current liabilities 73,590 59,889
Total liabilities 172,804 166,034
Total equity and liabilities 315,628 291,7501/31/2017 20
Equity ratio 45.3%
Increase due to the
conversion of the
hybrid bond

21. Our purpose is to make nonwovens continuously better for people.
Cash flow from operations improved in 2016
Cash flow from operations, M€ Cash flow from operations, M€
9.3
4.5
3.9
7.9
11.0
9.1
7.6
8.3
3.5
0
2
4
6
8
10
12
24.9
21.3
37.1
27.3 28.5
0
5
10
15
20
25
30
35
40
2012 2013 2014 2015 2016
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22. Our purpose is to make nonwovens continuously better for people.
Cash flow statement (1/2)
1/31/2017 22
1,000 euros 1-12/2016 1-12/2015
Cash flow from operations
Profit / loss for the period 15,233 17,020
Total adjustments to profit / loss for the period 29,783 32,870
Cash flow before changes in net working capital 45,016 49,890
Change in net working capital -6,277 -7,921
Financial items -3,895 -6,425
Income taxes -6,348 -8,269
Cash flow from operations 28,496 27,274
Cash flow from investments
Investments in property, plant and equipment and
intangible assets -49,553 -22,369
Cash flow from disposed businesses 313 167
Adjustments of purchase consideration 161 −
Sales proceeds from property, plant and equipment and
intangible assets 8 10
Cash flow from investments -49,072 -22,192
Strong cash flow
from operations
continued

23. Our purpose is to make nonwovens continuously better for people.
Cash flow statement (2/2)
1/31/2017 23
1,000 euros 1-12/2016 1-12/2015
Drawdown of other non-current interest-bearing liabilities − 15,000
Repayment of other non-current interest-bearing liabilities − -3,333
Changes in current interest-bearing liabilities -3,359 -14
Changes in loan receivables 1,000 600
Share issue − 340
Paid interest on hybrid bond -624 −
Dividend distribution / distribution of funds -5,030 -2,504
Cash flow from financing -8,013 10,089
Change in cash and cash equivalents -28,588 15,171
Cash and cash equivalents at the beginning of the period 55,570 38,430
Effect of changes in exchange rates 2,540 1,968
Change in cash and cash equivalents -28,588 15,171
Cash and cash equivalents at the end of the period 29,522 55,570
Payments related
to investments
decreased cash

24. Our purpose is to make nonwovens continuously better for people.
Dividend proposal by the Board of Directors
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• The Board of Directors
proposes to the Annual
General Meeting of Suominen
that a dividend of EUR 0.11
per share will be paid from
FY2016.
• The proposal is in line with
Suominen’s dividend policy.
0.19
0.32
0.29
0.11
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
2014 2015 2016
EPS DPS
EPS and DPS*, €
0.05
0.10
2016: Proposal to the AGM.
2014: Distribution of funds, not dividends. EPS concerns
the result of the continuing operations, not result for the
financial year.

25. Our purpose is to make nonwovens continuously better for people.
Outlook for 2017
• Suominen expects that for the full year 2017, its net sales will
improve from year 2016.
• Also the comparable operating profit is estimated to improve
from year 2016, provided that the new production line at the
Bethune plant will be started up as planned.
• In 2016, Suominen’s net sales amounted to EUR 416.9 million
and comparable operating profit to EUR 25.6 million.
1/31/2017 25

26. Our purpose is to make nonwovens continuously better for people.1/31/2017 26
• The development of net sales and operating profit
did not live up to our expectations.
Summary
• Cash flow from operation continued strong.
• Equipment installations were completed in Bethune.
The growth investment program in nearly completed.
• Suominen discloses its strategy for
2017 – 2021 in April.
• However, our product portfolio improved and the
share of products with higher added value grew.
>600 M€
>60 M€
28.5 M€
62%
-6%
-18%

27. Thank you!
We are ready for your
questions.

28. Our purpose is to make nonwovens continuously better for people.
Appendix
1/31/2017 28

29. Our purpose is to make nonwovens continuously better for people.
Hybrid bond
• In February 2014, Suominen issued a convertible hybrid bond
of EUR 17.5 million.
• The holders of the bond notes are entitled to convert the
notes and the potential accrued capitalized interest related to
the notes into Suominen shares. The conversion period
started on 11 February 2014 and will end on 10 February
2018.
• Bond notes and accrued interests were converted in total into
449,410 new Suominen shares in the financial year 2016.
• The number of shares in Suominen may increase in total by
maximum of 7,020,320 shares on the basis of the conversion
of the remaining bond notes and the potential capitalized
interest, if the conversion is carried out by issuing new shares
in Suominen.
1/31/2017 29