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Huhtamäki Oyj s Results January 1-December 31, 2020: Solid performance despite COVID-19 pandemic Huhtamäki Oyj s Results January 1-December 31, 2020: Solid performance despite COVID-19 pandemic Q4 2020 in brief Net sales decreased 7% to EUR 813 million (EUR 875 million) Adjusted EBIT was EUR 73 million (EUR 75 million); reported EBIT was EUR 48 million (EUR 72 million) Adjusted EPS was EUR 0.48 (EUR 0.48); reported EPS was EUR 0.30 (EUR 0.46) Comparable net sales growth was -2% at Group level and -7% in emerging markets The impact of currency movements was EUR -52 million on the Group s net sales and EUR -5 million on EBIT Q1-Q4 2020 in brief Net sales decreased 3% to EUR 3,302 million (EUR 3,399 million)

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