Metsa Board Q2 EBITDA EUR 7.1 Mln

Metsa Board Oyj METSA:

• Q2 NET INCOME EUR -22.4 MILLION

• Q2 EBITDA EUR 7.1 MILLION

• Q2 EPS EUR -0.06

• Q2 REVENUE EUR 460.1 MILLION

• Q2 EBIT EUR -21.7 MILLION

• Q2 ADJUSTED EBIT EUR -22.7 MILLION

• Q2 ADJUSTED EPS EUR -0.06

• COMPARABLE OPERATING RESULT IN JULY– SEPTEMBER 2025 IS EXPECTED TO BE WEAKER THAN IN APRIL–JUNE 2025

• NEAR TERM OUTLOOK: IN JULY-SEPTEMBER 2025, METSÄ BOARD'S TOTAL PAPERBOARD DELIVERIES ARE EXPECTED TO REMAIN ROUGHLY AT SAME LEVEL AS IN APRIL-JUNE

• NEAR TERM OUTLOOK: CONSUMERS' CAUTIOUS PURCHASE BEHAVIOUR AND SUPPLY OF FRESH FIBRE PAPERBOARD OUTPACING DEMAND, ESPECIALLY IN EMEA REGION, CONTINUE TO AFFECT DEMAND FOR PAPERBOARD

• DEMAND FOR PACKAGING MATERIALS HAS BEEN WEAKENED, CONSUMER CONFIDENCE AFFECTED BY GEOPOLITICAL TENSIONS, IMPORT TARIFFS IMPOSED BY U.S.

• NEAR TERM OUTLOOK: IMPORT DUTIES IMPOSED BY US INCREASE UNCERTAINTY AND MAKE IT DIFFICULT TO PREDICT DEVELOPMENT OF PAPERBOARD SALES