Metsä Board Annual and sustainability report 2022

BUSINESS OPERATIONS AND VALUE CREATION

SUSTAINABILITY REPORT

FINANCIAL DEVELOPMENT

GOVERNANCE

Proportion of CapEx from products or services associated with Taxonomy-aligned economic activities Substantial contribution criteria DNSH criteria

Economic activities

EUR million

% % % Y/N Y/N Y/N Y/N Y/N Y/N Y/N

% E/T

A. TAXONOMY-ELIGIBLE ACTIVITIES

A.1 Environmentally sustainable activities (Taxonomy-aligned) Cogeneration of heat/cool and power from bioenergy 4.20.

117.8 39% 100%

Y

Y

-

Y

Y

Y

39%

CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)

117.8 39% 39% 0%

39% 0%

A.2 Taxonomy-Eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) Cogeneration of heat/cool and power from bioenergy 4.20. 1.0 0% Production of heat/cool from bioenergy 4.24. 1.9 1%

CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)

2.9 1%

Total (A.1+A.2)

120.7 40%

39% 0%

B. TAXONOMY-NON-ELIGIBLE ACTIVITIES

CapEx of Taxonomy-non-eligible activities (B)

183.4 60%

Total (A+B)

304.1 100%

84

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