Suominen Corporation reported financial results for Q3 2015. Net sales increased 11% to €114.9 million due to currency strengthening. Operating profit was €9.8 million, up from €8.4 million in Q3 2014. Cash flow from operations weakened to €3.9 million from €7.9 million in the prior year period. The company is executing a €60 million growth investment program focused on expanding production capacity in Europe, the Americas, and Asia to drive organic sales growth above the industry average of 3%.

1. Suominen Corporation
Q3 2015
Nina Kopola, President & CEO
Tapio Engström, CFO
26 October 2015

2. Our purpose is to make nonwovens continuously better for people.
Agenda
• Highlights Q3
• Strategy and its implementation
• Financial review Q3 and outlook
• Q & A
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3. Our purpose is to make nonwovens continuously better for people.
Q3 2015: Positive financial development continued
9.8 M€ 5.4 M€114.9 M€
~60 M€0.06 €
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4. Our purpose is to make nonwovens continuously better for people.
Q3: Net sales increased by 11%
Net sales, M€ Net sales, M€
93.5 89.8
98.4 95.3
103.3104.8111.9
112.9 114.9
0
20
40
60
80
100
120
140
55.7
98.3
356.9
373.7
401.8
0
50
100
150
200
250
300
350
400
450
2010 2011 2012 2013 2014
- Net sales grew by 11.3% in Q3 from the comparison period, mostly due to the
strengthening of the USD compared to euro.
Continuing operations Continuing operations
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5. Our purpose is to make nonwovens continuously better for people.
Balancing our portfolio continues
40%
22%
17%
12%
8%
Q1–Q3 2014: 297.0 M€
40%
24%
17%
11%
7%
Q1–Q3 2015: 339.8 M€
Typically higher value-added products
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Baby wipes Personal care wipes Household wipes Industrial Hygiene and medical products
47%
17%
19%
10%
6%
Q1–Q3 2012: 273.0 M€

6. Our purpose is to make nonwovens continuously better for people.
4.9%
5.0%
5.0 %
4.6%
6.5%
5.8%
8.4%
5.9%
6.5%
8.8%
8.5%
0%
2%
4%
6%
8%
10%
0
2
4
6
8
10
12
M€ %
Operating profit excl. NRI, M€ and % Operating profit excl. NRI, M€ and %
- Operating profit grew from the comparison period as USD strengthened.
Continuing operations
-6.5% -4.4%
4.2%
5.2%
6.7%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
-10
-5
0
5
10
15
20
25
30
2010 2011 2012 2013 2014
M€ %
Continuing operations
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Q3: Operating profit continued at healthy level

7. Our purpose is to make nonwovens continuously better for people.
Strategy
2015–2017
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8. Our purpose is to make nonwovens continuously better for people.
Suominen’s strategy 2015–2017
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• Deliver superior value in thoughtfully selected market applications.
• Drive proactive key account management for mutual value creation.
• Execute demand driven supply chain.
• Evolve culture and capabilities to build strong product company.
Market Driven Product Leader
Our purpose is to make nonwovens continuously better for people.
• Organic net sales growth at a rate that exceeds
the industry average (approx. 3%)
• A return on investment of more than 12%
• A gearing ratio between 40% and 80%
Purpose – why?
Vision – where?
Strategy – how?
Financial targets

9. Our purpose is to make nonwovens continuously better for people.
We extended our growth investment program to
approximately EUR 60 million
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Extend
geographical
reach
Acquisitions
Not in focus in the strategy
period 2015–2017
Sustain &
improve
Retrofit Expand
Projected growth investments
appr. 60 M€ until 2017
Approx. 1–2%
of net sales

10. Our purpose is to make nonwovens continuously better for people.
Growth investment project progressing on
three continents
Paulínia, Brazil
Bethune, SC, US
Nakkila, Finland
Alicante, Spain
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11. Our purpose is to make nonwovens continuously better for people.
A new production line at Bethune plant
• The total value of the project will be close to EUR 50 million.
• Andritz was selected as the main supplier and integrator of
the project.
• The investment will take the wetlaid technology to a totally
new level in the industry.
• At first, the new production line will supply nonwovens for
household and industrial wiping as well as for flushable
applications.
• The new line will be tailor-made, based on our unique
nonwovens technology expertise.
• The line is anticipated to be installed during the second half of
2016.
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12. Our purpose is to make nonwovens continuously better for people.
Investment projects at Alicante ja Paulínia plants
• Both investments will expand the product offering of the
plants.
• At Alicante, the product offering will expand to nonwovens for
industrial wipes and medical applications.
• After the investment is completed, Paulínia plant will supply
nonwovens for medical applications in addition to wiping
applications.
• The investment projects will be completed during 2015.
• The total value of the investment projects is approximately
EUR 4 milllion.
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13. Our purpose is to make nonwovens continuously better for people.
Reaching the
product leadership
Innovation
Development of
sustainable products
Sustainability program 2015–2017 in implementation
Fostering
responsibility
through the value
chain
Long-term relations
with customers &
suppliers
Our purpose is to make nonwovens continuously better
for people.
Operating
sustainably accross
the company
Competence
development
Non-discrimination
Material & resource
efficiency
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14. Our purpose is to make nonwovens continuously better for people.
New kind of competence in the
Corporate Executive Team
• Ernesto Levy joined Suominen
as Senior Vice President,
Convenience business area, on
20 October 2015.
• Levy has an impressive track
record in consumer brand
organizations and especially in
North American and South
American markets.
• Levy’s capabilities bring
complementary competencies
to Suominen’s leadership team.
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15. Our purpose is to make nonwovens continuously better for people.
4.7 %
7.5 %
14.4 %
0%
5%
10%
15%
20%
2012 2013 2014 Q3/15
Net sales growth, %
101.0 96.2
34.7 30.5
0
20
40
60
80
100
120
2012 2013 2014 Q3/15
Gearing, %
Progress on mid-term financial targets
12.4 %
15.7 %
17.4 %
0%
5%
10%
15%
20%
2012 2013 2014 Q3/15
ROI, %
- Net sales growth compared with
previous year or the Q3 of previous
year.
- Target level marked with dashed line.
- Figures are of continuing operations.
n/a
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n/a

16. Our purpose is to make nonwovens continuously better for people.
Financial
review Q3
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17. Our purpose is to make nonwovens continuously better for people.
Q3: Profit for the reporting period continued
at the strong Q2 level
Profit for the reporting period, M€ Profit for the reporting period, M€
2.6
0.6
2.6 2.2
0.6
4.8
3.5
6.2
5.4
0
1
2
3
4
5
6
7
-12.0
-11.8
-2.8
5.7
10.2
-15
-10
-5
0
5
10
15
2010 2011 2012 2013 2014
Continuing operations Continuing operations
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18. Our purpose is to make nonwovens continuously better for people.
Statement of profit or loss
EUR thousand 7-9/2015 7-9/2014 2014
Net sales 114,919 103,291 401,762
Cost of goods sold -98,892 -88,071 -352,091
Gross profit 16,027 15,220 49,671
Other operating income 782 659 2,655
Sales and marketing expenses -1,692 -1,427 -6,278
Research and development -1,015 -665 -2,877
Administration expenses -3,887 -3,777 -15,418
Other operating expenses -452 -1,648 -1,857
Operating profit 9,763 8,361 25,897
Net financial expenses -1,247 -4,334 -8,075
Profit before income taxes 8,517 4,027 17,822
Income taxes -3,142 -3,378 -7,645
Profit for the period from continuing
operations 5,374 649 10,177
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Healthy cost structure
Solid gross profit
Net financial expences
of the comparison
period include
refinancing costs

19. Our purpose is to make nonwovens continuously better for people.
Statement of financial position, assets
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EUR thousand 30 Sep 2015 30 Sep 2014 31 Dec 2014
Non-current assets
Goodwill 15,496 15,496 15,496
Intangible assets 12,462 12,434 12,510
Property, plant and equipment 91,743 88,553 88,721
Loan receivables 7,752 8,531 8,202
Available-for-sale assets 777 942 1,124
Held-to-maturity investments − 449 450
Other non-current receivables 2,206 980 2,614
Deferred tax assets 4,715 5,004 5,516
Total non-current assets 135,150 132,389 134,633
Current assets
Inventories 32,078 29,623 32,380
Trade receivables 60,360 50,639 52,269
Loan receivables 800 59 600
Other current receivables 5,036 5,971 4,618
Assets for current tax 1,807 697 1,682
Cash and cash equivalents 36,454 31,778 38,430
Total current assets 136,535 118,767 129,979
Total assets 271,685 251,156 264,611

20. Our purpose is to make nonwovens continuously better for people.10/26/2015
Statement of financial position, equity and liabilities
22
EUR thousand 30 Sep 2015 30 Sep 2014 31 Dec 2014
Share capital 11,860 11,860 11,860
Share premium account 24,681 24,681 24,681
Reserve for invested unrestricted equity 69,652 97,192 97,192
Treasury shares -44 -44 -44
Fair value and other reserves 42 -52 96
Exchange differences 1,644 2,650 3,419
Other equity -4,593 -51,386 -46,890
Total equity attributable to owners of
the parent
103,242 84,901 90,313
Hybrid bond 17,118 18,162 18,424
Total equity 120,360 103,063 108,737
Liabilities
Non-current liabilities
Deferred tax liabilities 9,864 7,413 8,789
Liabilities from defined benefit plans 1,151 1,025 1,151
Other non-current liabilities 538 841 578
Debentures 75,000 75,000 75,000
Other non-current interest-bearing
liabilities
3,333 6,667 6,667
Total non-current liabilities 89,887 90,946 92,185
Current liabilities
Current interest-bearing liabilities 3,333 3,367 3,347
Liabilities for current tax 2,720 1,688 246
Trade payables and other current
liabilities
55,385 52,092 60,096
Total current liabilities 61,438 57,147 63,689
Total liabilities 151,325 148,093 155,874
Total equity and liabilities 271,685 251,156 264,611

21. Our purpose is to make nonwovens continuously better for people.
Q3: Cash flow weakened from the comparison period
Cash flow from operations, M€ Cash flow from operations, M€
4.3
16.3
-0.4
11.3
16.9
9.3
4.5 3.9
7.9
-2
0
2
4
6
8
10
12
14
16
18
-2.5
-2.9
24.9
21.3
37.1
-5
0
5
10
15
20
25
30
35
40
2010 2011 2012 2013 2014
- In FY2015, cash flow accumulation between quarters has been steadier than before.
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22. Our purpose is to make nonwovens continuously better for people.
Statement of cash flows (1/2)
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EUR thousand 1-9/2015 1-9/2014 1-12/2014
Cash flow from operations
Profit / loss for the period 15,101 212 4,973
Total adjustments to profit / loss for the
period
25,238 34,406 39,953
Cash flow before changes in net working
capital
40,339 34,618 44,927
Change in net working capital -12,019 3,985 6,140
Financial items -6,672 -5,982 -6,514
Income taxes -5,371 -4,839 -7,434
Cash flow from operations 16,277 27,783 37,119
Cash flow from investments
Investments in property, plant and
equipment and intangible assets
-14,052 -5,291 -7,740
Investments in acquired businesses − -19,261 -19,261
Cash flow from disposed businesses 167 4,736 4,736
Sales proceeds from property, plant and
equipment and intangible assets
10 31 59
Cash flow from investments -13,876 -19,785 -22,206
Change in working
capital decreased
cash flow from
operations
Growth investment
initiatives visible in
cash flow from
investments
Cash flow in 2014 includes also discontinued operations.

23. Our purpose is to make nonwovens continuously better for people.
Statement of cash flows (2/2)
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EUR thousand 1-9/2015 1-9/2014 1-12/2014
Cash flow from financing
Drawdown of hybrid bond − 17,500 17,500
Drawdown of debenture bond − 75,000 75,000
Drawdown of other non-current interest-
bearing liabilities
− 10,000 10,000
Repayment of other non-current interest-
bearing liabilities
-3,333 -78,213 -78,220
Changes in current interest-bearing liabilities -14 -18,318 -18,324
Changes in loan receivables 250 − −
Share issue 340 − −
Distribution of funds -2,504 − −
Cash flow from financing -5,261 5,969 5,956
Change in cash and cash equivalents -2,859 13,967 20,869
Cash and cash equivalents at the beginning
of the period
38,430 18,585 18,585
Effect of changes in exchange rates 883 -775 -1,025
Change in cash and cash equivalents -2,859 13,967 20,869
Cash and cash equivalents at the end of
the period
36,454 31,778 38,430
Cash flow in 2014 includes also discontinued operations.

24. Our purpose is to make nonwovens continuously better for people.
Outlook for FY2015
• Suominen specifies its guidance regarding operating profit
for 2015. The company expects that for the full year 2015,
operating profit from continuing operations excluding non-
recurring items will improve markedly from year 2014 (EUR
26.9 million).
• Previously, Suominen estimated that for the full year 2015,
its operating profit excluding non-recurring items from
continuing operations would improve from year 2014.
• For net sales, Suominen repeats its previous estimate,
disclosed on 17 July 2015, that for the full year 2015 the
company expects its net sales for continuing operations to
improve from year 2014 (EUR 401.8 million).
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25. Our purpose is to make nonwovens continuously better for people.
Summary Q3 2015
Positive financial
development
continued,
guidance revised
Growth
investment
program
extended
to ~60 M€
The largest
initiative in the
program
kicked off
in the US
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26. Thank you!
We are ready to answer your
questions.
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