Trioworld announces new state-of-the art manufacturing facility in Brownsburg, Indiana, USA

HIGHLIGHTS • Pulp sales of 2,663 thousand tons (+5% vs. 2Q21). • Paper sales3 of 324 thousand tons (+10% vs. 2Q21). • Average net pulp price in export market: US$732/ton (+15% vs. 2Q21). • Average net paper price3 of R$6,200/ton (+31% vs. 2Q21). • Pulp cash cost ex-downtime of R$854/ton (+26% vs. 2Q21). • Leverage ratio in USD declines to 2.3 times and stable net debt in USD, despite the investment cycle. • Cerrado Project achieves 21% of physical progress and 15% of financial progress.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the launch of Polar Smooth 150 Air P printable film for multiple applications including interior décor, wall and window graphics, decals and stickers, point of sale, and construction hoarding and barriers. The self-adhesive matte white PVC film incorporates Drytac’s innovative bubble-free adhesive technology for ease of application. It is suitable for use on most surfaces including painted walls, melamine, glass and many other flat or simple curve surfaces. At 6 mil (150µ) thick, Polar Smooth 150 Air P ensures an easier installation compared to thinner alternatives. This thickness provides added convenience, particularly for users looking to avoid lamination or seeking a simpler installation process.

Q4/2020 (year-on-year) *Sales decreased by 10.7% to EUR 2 154 (2 411) million, due to structural changes, lower prices and volumes. *Operational EBIT was EUR 118 (124) million, lower sales were mitigated by efficient cost management. *Operational EBIT margin increased to 5.5% (5.1%). *Operating profit (IFRS) decreased to EUR 289 (680) million. *Cash flow from operations amounted to EUR 436 (725) million. Cash flow after investing activities was EUR 223 (518) million. *The net debt to operational EBITDA ratio was 2.3 (2.0). *Operational ROCE excluding Forest division was 4.6% (5.0%). Year 2020 (year-on-year) *Sales were EUR 8 553 (10 055) million, mainly due to lower volumes and prices, and structural changes. *Operational EBIT decreased to EUR 650 (1 003) million, due to lower sales.