Nexam Chemical Holding AB (publ) Interim Report 1 January – 31 March 2023

Increased margins and positive cash flow during the quarter

First quarter at a glance

Significant events during the quarter:

• Sales decreased by 3% in the quarter while the gross margin increased from 40% to 42%, compared with the corresponding quarter in 2022.
• Performance Masterbatch revenue was in line with the corresponding quarter in 2022 and Performance Chemical’s revenue decreased by 6%, compared with the corresponding quarter in 2022.
• Received approval for the use of NEXAMITE in bottles and food packaging in Japan
• Obtained extended overdraft facility to SEK 20 m (SEK 11.5 m).

Financials during the first quarter 2023:

• Net sales during quarter amounted to SEK 52,234,000 (53,913,000).
• The gross margin amounted to 42% (40%) during the quarter.
• The operating profit before depreciation (EBITDA) for the quarter was SEK 119,000 (1,690,000).
• In comparison to the beginning of the year, cash and cash equivalents amounted to SEK 28,339,000 (22,875,000).
• Cash flow from the operating activities during the quarter amounted to SEK 10,698,000 (5,404,000).
• Earnings per share before and after dilution amounted to SEK -0.04 (-0.02) for the quarter.

Lomma 20 April 2023

The Board of Directors

These financial statements haven’t been reviewed by the Company´s auditor.

Presentation:

Nexam Chemical presents the interim report for the first quarter 2023 on April the 20^th at 11:00 CET.

The presentation will be held in Swedish via the following link: https://youtube.com/live/AQQ2TFNek-k.

Note: This press release has been translated from Swedish. The Swedish text shall govern for all purposes and prevail in case of any discrepancy with the English version.

For further information please contact:

Johan Arvidsson, CEO, +46-708 97 44 39, johan.arvidsson@nexamchemical.com

Certified Adviser:

FNCA Sweden AB, info@fnca.se

This information is information that Nexam Chemical Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:18 CET on 20^th of April 2023.

About Nexam Chemical

Nexam Chemical develops technology and products that make it possible to significantly improve the production process and properties of most types of plastics in a cost-effective manner and with retained production technology. The improved properties include strength, toughness, temperature and chemical resistance as well as service life. The improvements in properties that can be achieved by using Nexam Chemical's technology make it possible to replace metals and other heavier or more expensive materials with plastics in a number of applications. In applications where plastic is already used, Nexam Chemicals products can improve the manufacturing process, reducing material use and enable more environmental friendly alternatives. Example of commercial applications: pipe manufacturing, foam production and high-performance plastics. More information about the business will be found on www.nexamchemical.com. The company´s Certified Adviser is FNCA Sweden AB. FNCA Sweden AB can be reached at info@fnca.se or by phone +46-8 528 00 399.

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