Gross Domestic Product Has Grown Long in Europe

Gross Domestic Product Has Grown Long in Europe and the USA, Finland is Lagging Behind 2/27/2021 Technology Industries of Finland Souce: Macrobond 1

World Trade Has Picked up Again 2/27/2021 Technology Industries of Finland Source: Macrobond, The CPB Netherlands Bureau for Economic Policy Analysis 2

Finnish Exports Have Lagged Behind the Competition Countries 2/27/2021 Technology Industries of Finland Source: Macrobond, Eurostat 3

Finland’s Industrial Production Has Lagged Behind the Competition Countries 2/27/2021 Technology Industries of Finland Source: Macrobond, The CPB Netherlands Bureau for Economic Policy Analysis 4

Finland’s Economic Growth is Weakened by a 20% Reduction in the Export Sector Production Capacity 125 120 115 110 105 Change 2017/ 2008: -21 % 100 Industrial production, with capacity in full use 95 90 85 80 -19 % 75 70 2/27/2021 2008 2009 2010 Technology Industries of Finland 2011 2012 2013 2014 Source: Statistics Finland / Indutrial production index 2015 2016 Industrial production, at fixed prices (2008 = 100) 2017 5

Companies in Finland Have Invested Significantly Less than in Competing Countries 130 125 Corporate investments, at fixed prices, index 2008 = 100 120 115 USA 110 Switzerland 105 Sweden 100 Netherlands 95 Germany 90 Finland 85 80 75 70 2008 2/27/2021 2009 2010 Technology Industries of Finland 2011 2012 2013 Source: OECD, Economic Outlook (June 2017) 2014 2015 2016 2017 e 2018 e 6

Turnover of the Technology Industry and the Entire Industry in Finland 2/27/2021 Technology Industries of Finland Source: Macrobond, Statistics Finland 7

Technology Industry Personnel in Finland Abroad 350, 000 330, 000 310, 000 290, 000 270, 000 250, 000 230, 000 210, 000 190, 000 170, 000 150, 000 2008 2009 2010 2011 Personnel in Finland 2/27/2021 Technology Industries of Finland 2012 2013 2014 2015 2016 Personnel in subsidiaries abroad Source: Statistics Finland, The Federation of Finnish Technology Industries’ labour force survey, Macrobond 2017 (30. 9. ) 8

Value of New Orders in the Technology Industry* in Finland 13, 000 12, 000 11, 000 10, 000 9, 000 8, 000 7, 000 6, 000 5, 000 4, 000 3, 000 2, 000 1, 000 0 Million euros, at current prices Combined Export Domestic 2008 2009 2010 2011 2012 Change: 2/27/2021 Technology Industries of Finland 2013 2014 2015 III, 2017 / III, 2016 2017 III, 2017 / II, 2017 Export: +13 % -28 % Domestic: +16 % 0% Combined: +14 % -22 % Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation July-September 2017 *) Excl. metals industry and game industry companies 9

Value of Order Books in the Technology Industry* in Finland 26, 000 Million euros, at current prices 24, 000 22, 000 20, 000 18, 000 16, 000 14, 000 12, 000 10, 000 8, 000 6, 000 4, 000 2, 000 0 2008 2009 2010 2011 Combined Domestic Export 2012 Change: Export: Domestic: Combined: 2/27/2021 Technology Industries of Finland 2013 2014 2015 30. 9. 2017 / 30. 9. 2016 2017 30. 9. 2017 / 30. 6. 2017 +20 % -1 % +3 % 0% +15 % -1 % Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation 30. 9. 2017 *) Excl. metals industry and game industry companies 10

Value of New Orders in the Electronics and Electrotechnical Industry in Finland 8, 000 7, 500 7, 000 6, 500 6, 000 5, 500 5, 000 4, 500 4, 000 3, 500 3, 000 2, 500 2, 000 1, 500 1, 000 500 0 Million euros, at current prices Combined Export Domestic 2008 2009 2010 2011 2012 Change: Export: Domestic: Combined: 2/27/2021 Technology Industries of Finland 2013 2014 2015 III, 2017 / III, 2016 2017 III, 2017 / II, 2017 -3 % -11 % +50 % +22 % +8 % -4 % Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation July-September 2017 11

Value of Order Books in the Electronics and Electrotechnical Industry in Finland 8, 500 8, 000 7, 500 7, 000 6, 500 6, 000 5, 500 5, 000 4, 500 4, 000 3, 500 3, 000 2, 500 2, 000 1, 500 1, 000 500 0 Million euros, at current prices Combined Export 2008 2009 2010 2011 2012 Change: Export: Domestic: Combined: 2/27/2021 Domestic Technology Industries of Finland 2013 2014 30. 9. 2017 / 30. 9. 2016 2015 2016 2017 30. 9. 2017 / 30. 6. 2017 -4 % -10 % +37 % +26 % +4 % -3 % Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation 30. 9. 2017 12

Value of New Orders in the Mechanical Engineering in Finland 7, 000 6, 500 6, 000 5, 500 5, 000 4, 500 4, 000 3, 500 3, 000 2, 500 2, 000 1, 500 1, 000 500 0 Million euros, at current prices Combined Export Domestic 2008 2009 2010 2011 2012 Change: Export: Domestic: Combined: 2/27/2021 Technology Industries of Finland 2013 2014 2015 III, 2017 / III, 2016 2017 III, 2017 / II, 2017 +29 % -36 % +3 % -11 % +23 % -32 % Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation July-September 2017 13

Value of Order Books in the Mechanical Engineering in Finland 16, 000 15, 000 14, 000 13, 000 12, 000 11, 000 10, 000 9, 000 8, 000 7, 000 6, 000 5, 000 4, 000 3, 000 2, 000 1, 000 0 Million euros, at current prices Combined Domestic Export 2008 2009 2010 2011 2012 Change: Export: Domestic: Combinedä: 2/27/2021 Technology Industries of Finland 2013 2014 2015 30. 9. 2017 / 30. 9. 2016 2017 30. 9. 2017 / 30. 6. 2017 +28 % +2 % -5 % -9 % +23 % 0% Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation 30. 9. 2017 14

Turnover of the Metals Industry in Finland 2/27/2021 Technology Industries of Finland Source: Macrobond, Statistics Finland 15

Production Volume of the Metals Industry in Finland 2/27/2021 Technology Industries of Finland Source: Macrobond, Statistics Finland 16

Value of New Orders in the Consulting Engineering in Finland 350 Million euros, at current prices 300 250 Combined 200 Export 150 100 Domestic 50 0 2008 2009 2010 2011 2012 Change: 2/27/2021 Technology Industries of Finland 2013 2014 2015 III, 2017 / III, 2016 2017 III, 2017 / II, 2017 Export: -80 % -8 % Domestic: +9 % -17 % Combined: -23 % -17 % Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation July-September 2017 17

Value of Order Books in the Consulting Engineering in Finland 800 Million euros, at current prices Combined 700 600 500 Domestic Export 400 300 200 100 0 2008 2009 2010 2011 2012 Change: 2/27/2021 Technology Industries of Finland 2013 2014 2015 30. 9. 2017 / 30. 9. 2016 2017 30. 9. 2017 / 30. 6. 2017 Export: +6 % -5 % Domestic: +7 % +2 % Combined: +7 % 0% Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation 30. 9. 2017 18

Value of New Orders in the Information Technology* in Finland 850 800 750 700 650 600 550 500 450 400 350 300 250 200 150 100 50 0 Million euros, at current prices 2008 2009 2010 2011 2012 Change: Combined: 2013 2014 2015 III, 2017 / III, 2016 -7 % 2016 2017 III, 2017 / II, 2017 -11 % *) Excl. game industry companies 2/27/2021 Technology Industries of Finland Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation July-September 2017 19

Value of Order Books in the Information Technology* in Finland 2, 000 1, 800 Million euros, at current prices 1, 600 1, 400 1, 200 1, 000 800 600 400 2008 2009 2010 2011 2012 Change: Combined: 2013 2014 2015 30. 9. 2017 / 30. 9. 2017 2016 2017 30. 9. 2017 / 30. 6. 2017 -5 % -4 % *) Excl. game industry companies 2/27/2021 Technology Industries of Finland Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, latest observation 30. 9. 2017 20