Total European shipments of graphic papers for July 2022 were down 12.0% vs. July 2021 and were down 10.5% year-to-date. Total European shipments of newsprint for July 2022 were down 11.0% vs. July 2021 and were down 7.4% year-to-date. Total European shipments of sc-magazine for July 2022 were down 27.5% vs. July 2021 and were down 13.6% year-to-date. Total European shipments of coated mechanical reels for July 2022 were down 14.8% vs. July 2021 and were down 20.2% year-to-date. Total European shipments of uncoated mechanical (improved & others) for July 2022 were down 19.7% vs. July 2021 and were down 13.3% year-to-date. Total European shipments of coated woodfree for July 2022 were down 5.7% vs. July 2021 and were down 0.3% year-to-date. Total European shipments of uncoated woodfree for July 2022 were down 5.8% vs. July 2021 and were down 11.0% year-to-date.

Modernisation of the power plant boiler at Sappi’ s production site in Gratkorn, Austria, is finally completed. As of now, more sustainable fuels will be used instead of coal to power the paper machines at the company’s largest mill in Europe. During a transitional phase, the new state-of-the-art boiler will run on natural gas and biomass. In the future, predominantly biomass will be used. “Our ultimate goal is to use only sustainable and renewable fuels. This will make us more independent in the future, especially in times of gas shortages and uncertainty on the energy market,” explains Sappi Gratkorn Managing Director Max Oberhumer. By entirely phasing out coal, the Gratkorn plant is making an important contribution to climate protection and reducing its greenhouse gas emissions by roughly 30 per cent. The project is a top priority on Sappi Europe’s sustainability agenda. The 35 million euro investment represents a clear commitment to the Gratkorn site and shows that climate and environmental protection are deemed pivotal in the paper industry. More information on the shift from coal to renewable resources at Sappi’s Gratkorn mill is available at: www.sappi.com/co-creating-a-shift-from-coal-to-renewables-at-gratkorn-mill

UK paper making has been dealt a further blow after Arjowiggins Group’s UK operations – including the historic mills at Stoneywood and Chartham – were placed into administration after the business became unsustainable in the face of spiralling costs for energy and raw materials. Administrators Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators at ten Arjowiggins Group UK subsidiary companies on the afternoon of 22 September 2022. An MBO team acquired the business and assets of the Arjowiggins Fine Papers and Arjowiggins Chartham businesses in September 2019, just a few months before the Covid-19 pandemic struck. The deal came about after a complex saga involving the insolvency of its former French parent group and was supported by Scottish Enterprise, which provided £7m of funding. The Stoneywood mill has been making paper since 1770 and specialises in fine papers, while Chartham has been in operation since 1738 and makes translucent papers. Stoneywood’s brands for graphics and packaging include Conqueror, Curious Collection, Keaykolour and Delos. It had also diversified into making casting papers, security papers and smart papers for printed electronics.

The Fedrigoni Group and Mohawk Fine Papers, Inc. have entered into a manufacturing agreement to expand the reach of their specialty papers globally. Shared core values of craftsmanship, innovation, and sustainability make this a natural and valuable opportunity for both organizations. The Fedrigoni Group is the first global player in the manufacture of high added value specialty papers for luxury packaging and other creative applications and world leader in premium labels and self-adhesive materials. Mohawk, founded in 1931, is family owned and operated, manufacturing some of the world's most recognized specialty papers for designers, consumer brands, and printers. Mohawk's early innovation in digital printing and sustainability secured its leadership position in these two significant growth sectors. “The agreement with Mohawk is a further element in our growth strategy in a market with excellent prospects such as specialty papers, especially for luxury packaging, where we intend to consolidate our global primacy. Many synergistic opportunities are also present for our selfadhesive materials division, which will expand its leading position in premium labels for the wine market in the US", comments Marco Nespolo, CEO of Fedrigoni Group. "This is an important step forward to reinforce our geographical penetration in the United States, where we will directly produce and distribute high value-added papers, leveraging all possible industrial and commercial synergies with our Group. We will also better support the ESG strategies of our clients, especially those in the luxury sector by giving them the option of moving to near shoring rather than global purchasing”.

Pixelle Specialty Solutions LLC has announced the mill located in Jay, ME will close in the first quarter of 2023. The mill employs approximately 230 people who will be affected by the closure. The mill produces specialty label and release papers, as well as industrial and packaging solutions for eCommerce and food service. Its two paper machines have a capacity of 230,000 tons annually. The mill has endured significant business and financial challenges that were compounded by the April 2020 rupture of one of its pulp digesters and catastrophic damage impacting the continued operability of the entire pulp mill. No one was injured in the event, and the mill subsequently transitioned into higher margin specialty products and invested capital to increase operational efficiencies while operating on purchased pulp. The company intends to work with its customers where possible to transition their products to other Pixelle mills or to plan for volumes of orders in the limited production leading up to mill closure.

Canfor Corporation is announcing a temporary reduction in production in British Columbia (BC) due to challenging market conditions. The production capacity will be reduced through a two-week curtailment beginning September 26, 2022 at the majority of solid wood facilities in BC and will be followed by the resumption of reduced operating schedules until the end of 2022. This is expected to result in a reduction of approximately 200 million board feet of production capacity. “We are temporarily curtailing production in BC due to reduced market demand. We will leverage our global operating platform to prioritize the requirements of our customers,” said Don Kayne, President and CEO, Canfor. To limit the impact on employees, they will have the opportunity to work during the downtime to complete maintenance projects and other site activities.

Stora Enso has signed an agreement to divest its Nymölla paper production site in Sweden, and all related assets to Sylvamo, a US-based global producer of uncoated paper. The enterprise value is EUR 150 million. Closing is expected in the beginning of 2023, subject to regulatory approvals. The Nymölla site’s capacity is 485,000 metric tonnes of woodfree uncoated office papers, with Multicopy as the leading paper brand. Based on the 2021 figures, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 290 million. Stora Enso will, at closing, book a one-time disposal loss of approximately EUR 20 million in its IFRS operating profit, as an item affecting comparability, subject to closing date adjustments.

UPM Raflatac has completed the acquisition of AMC AG (Advanced Methods of Coating). The acquisition announced in May 2022 was closed on 15 September 2022 after regulatory clearances. AMC AG employs more than 300 people and has two production sites in Northern Germany, in Kaltenkirchen and in Hagenow. UPM Raflatac expects to realize significant synergies through the acquisition. By joining forces with AMC AG UPM Raflatac will accelerate its growth and expand its product portfolio. New product areas include Viscom/Graphics materials which are currently sold under the Intercoat brand, and removable self-adhesive stationary products under the brand names Global Notes and Print Inform. Furthermore, the transaction will strengthen UPM Raflatac’s position in Central Europe.

Sappi Europe is set to extend its capacity at its mill in Gratkorn, Austria, enabling the mill to also manufacture wet-strength label papers. The double-digit million-euro investment in a state-of-the-art technical infrastructure will drive expansion of the site – and establish Sappi as a leader in the label sector for the long term. • Innovation through investment: expansion of the Gratkorn mill’s technical infrastructure • Increased demand for high-quality label papers • Guaranteed production and delivery reliability

Stora Enso has signed an agreement to divest its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, part of Schwarz Group, one of the top retailers in the world. The enterprise value is approximately EUR 210 million. Closing is expected in the beginning of 2023, at the latest, subject to regulatory approvals. This transaction is part of the earlier announced plan to divest four of Stora Enso’s five paper production sites. In line with its strategy, Stora Enso’s focus is on long-term growth potential for its renewable products in packaging, building solutions and biomaterials innovations. Schwarz Produktion is expected to assume ownership for the Maxau site in the beginning of 2023. Schwarz’s plan is to continue paper production at the site, and the 440 employees belonging to the mill organisation at Maxau will be part of the transaction. Stora Enso will continue to operate the Maxau site and serve its supercalendered paper (SC) customers until the closing of the transaction.

As of September 1st, Technicote, a North-American company specializing in self-adhesive solutions, is the latest addition to Beontag’s growing family of international companies. The acquisition marks Beontag’s entry to the North American market, and is another step in its global expansion and internationalization strategy initiated in 2020. Besides the United States, Beontag has operations in other countries, such as Argentina, Uruguay, France, Italy, Sweden, Finland, among others. This acquisition is more than Beontag wanting to enter a new market. It was also motivated because of the broad network of customers that Technicote has had for more than four decades and the diversity of products they offer in the segments of graphic and self-adhesive materials. Their portfolio offers a wide range of self-adhesive rolls and sheets, as well as solutions in silicone coated release liners and is a perfect fit for Beontag’s expanding international portfolio of products. Technicote will also be integrating many of those products into their North American range.

Along with members of the community, provincial and federal elected representatives, staff at Meadow Lake Mechanical Pulp mill (MLMP) and Paper Excellence Canada today celebrated 30 years of the pulp mill being in operation. The mill is located just east of Meadow Lake and has been operational since 1992. MLMP was the first mill Paper Excellence Canada acquired in 2007. The mill employs over 200 full-time employees, creates approximately 1,300 direct and indirect jobs, and creates approximately $470 million in economic activity annually. MLMP produces approximately 400,000 tonnes of bleached chemi-thermal mechanical pulp (BCTMP) annually. BCTMP is used to make a variety of products from tissue and paper towel to food and board packaging.

The world’s first autonomously operated logyard cranes have been successfully lifted up at Metsä Fibre’s bioproduct mill in Kemi, Finland. Supplied by international technology group ANDRITZ, the delivery includes two 2 x 25-ton cranes on a 540 m long runway with a storage capacity of approximately 120,000 m3. The cranes will handle approximately 7.6 million m3 wood/year shipped on trucks and trains as well as handling log storage and wood feeding to the pulping process. The cranes feature the latest in Artificial Intelligence, thus optimizing log handling, minimizing wood losses and securing environmentally friendly and cost-effective operation when compared to traditional log-handling solutions. The fully autonomous logyard cranes featuring Artificial Intelligence are part of the comprehensive ANDRITZ portfolio of sustainable solutions and products that help customers reaching their goals with regard to environmental protection and sustainability

365 days of operation and a trajectory that stands out for its excellent performance. One year after the start of activities for the first paper machine (PM) of the Puma II Project - the biggest investment in Klabin's history, which includes the construction of two paper machines with integrated pulp production -, the MP27 surpassed the mark of 330 thousand tons of Eukaliner® and Eukaliner White® produced and sold to the domestic and foreign markets, reinforcing the Company's vocation for the development of sustainable and innovative solutions in paper and paper packaging in Brazil. The machine, which has the capacity to produce 450,000 tons per year, surpassed the learning curve expected for the period. Developed and patented by Klabin, the Eukaliner® product range, produced at MP27, is the first in the world with kraftliner paper made 100% from eucalyptus fiber, which guarantees advantages such as the optimization of the forest area necessary for its production. (less resource for manufacturing the same volume of paper), in addition to properties such as a more robust structure, which allows for a reduction in the weight of corrugated cardboard packaging with increased resistance and better printing quality.

Suzano S.A. informs its shareholders and the public that, regarding the project “Partial retrofit of the pulp production plant located in Aracruz involving the replacement of parts in the recovery boiler and installation of a crystallization system”, as disclosed in the Material Fact notice dated December 19, 2019, the following is planned during its implementation phase in the fourth quarter of 2022: • Temporary downtime of the A line production for around 45 days due to interventions in the recovery boiler; • No adjustments to the Company’s original operating plan for 2022, which will ensure that clients’ needs are fully met without any changes to the commercial strategy. The project’s capital investments amount to R$298 million, of which R$188 million was already invested by July 2022, with the remaining amount considered in the capex estimate for the year disclosed by the Company on July 27, 2022.

Canfor Corporation is announcing reduced operating schedules effective September 12, 2022 at its Swedish facilities due to a decrease in market demand. The reduced operating schedules will result in a 15% decrease in production capacity and are anticipated to be in effect through the fourth quarter. “Rising inflation and mortgage rates in Europe, which are expected to persist into the fall, is impacting demand for lumber and as a result we are reducing production capacity. We are committed to continuing to meet the needs of our customers,” said Don Kayne, President and CEO, Canfor. The decrease in production capacity will be achieved through reduced shifts. The Company will continue to assess and make adjustments to operating schedules based on changes in market demand.

For the second quarter ended 30 June 2022 Lecta had revenue of €529.4 million versus €310.7 million in the second quarter ended 30 June 2021, an increase of €218.7 million or +70%. The costs of raw materials and consumables used increased by €75.7 million, or +18.6%, from €155.9 million in 2Q2021 to €231.6 million in 2Q2022, and as a percentage of revenue they decreased from 50.2% in 2Q2021 to 43.7% in 2Q2022. The absolute increase was mainly attributable to higher produced and purchased volumes, and to an increase in the average consumption price of pulp of 193€/t of paper. Labor costs increased by €5.2 million, or +11.9%, from €43.4 million in 2Q2021 to €48.5 million in 2Q2022, and as percentage of revenue they decreased from 14.0% in 2Q2021 to 9.2% in 2Q2022. EBITDA increased by €35.9 million, from €11.6 million in 2Q2021 to €47.5 million in 2Q2022. This increase was essentially due to higher sales of paper in volume and higher sales prices, partly offset by higher production cost and higher labor and fixed costs.

Solenis, a leading global producer of specialty chemicals, will implement an energy surcharge on all products and product lines of up to 20% on all orders shipped on or after September 1, 2022, for all customers across Europe, the Middle East, and Africa (EMEA). The continued impact of limited availability of gas from Russia has resulted in extremely high and volatile gas prices in Europe. As a result, higher costs are being experienced by our manufacturing plants in addition to price escalations in key raw materials from our suppliers.

Total European shipments of graphic papers in June 2022 were down 16.4% vs. 2021 and are down 10.2% year-to-date. Total European shipments of newsprint in June 2022 were down 10.7% vs. 2021 and are down 6.9% year-to-date. Total European shipments of sc-magazine in June 2022 were down 20.2% vs. 2021 and are down 11.2% year-to-date. Total European shipments of coated mechanical reels in June 2022 were down 28.1% vs. 2021 and are down 21.0% year-to-date. Total European shipments of uncoated mechanical (improved & others) in June 2022 were down 22.2% vs. 2021 and are down 12.3% year-to-date. Total European shipments of coated woodfree in June 2022 were down 8.8% vs. 2021 and are UP 0.6% year-to-date. Total European shipments of uncoated woodfree in June 2022 were down 14.8% vs. 2021 and are down 11.8% year-to-date.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the appointment of Daniel Farias as Technical Engineer with immediate effect. Based at Drytac’s specialist factory facility in North America, Daniel’s new role is to support the business with technical sales support and product management. He will also take a lead role in all aspects of quality assurance including continual improvements, technical data sheets, external audits and quality implementation. Daniel brings with him a wealth of experience and knowledge, having previously worked in a quality assurance position within the tapes and adhesives sector. In this role, Daniel implemented various new systems to improve production and workflow across the business.

According to the report, total printing-writing paper shipments decreased 1% in July compared to July 2021. U.S. purchases of total printing-writing papers increased 3% in July compared to the same month last year. Total printing-writing paper inventory levels increased 2% when compared to June 2022. • Uncoated free sheet (UFS) paper shipments decreased 1% compared to July 2021 while the inventory level increased 5% compared to June 2022. UFS imports increased 8% while exports decreased 25% in June 2022. • U.S. purchases of coated free sheet (CFS) papers in July increased 2% compared to last July while the inventory level decreased 1% compared to June 2022. CFS imports and exports both increased compared to June 2021, up 32% and 6% respectively. • Coated mechanical (CM) paper shipments decreased 18% compared to July 2021 while the inventory level increased 2% compared to June 2022. CM imports increased 48% while exports decreased 41% in June 2022. • U.S. purchases of uncoated mechanical (UM) papers in July increased 16% compared to last July while the inventory level decreased 13% compared to June 2022. UM imports increased 9% while exports decreased 10% in June 2022.

*Operating profit for January-June 2022 was SEK 3 984 million (January-June 2021: 1 747). Excluding the item affecting comparability of SEK +266 million, operating profit increased by SEK 1 972 million to SEK 3 719 million. This was due to price increases in every product area, while cost inflation was limited by our high level of wood and energy self-sufficiency. *Profit after tax for January-June amounted to SEK 3 125 million (1 373), which corresponds to earnings per share of SEK 19.3 (8.5). *A total of SEK 1 862 million of ordinary and extraordinary dividends was paid in April. Thanks to strong cash flow, net debt has decreased by roughly SEK 300 million since year-end.

UPM and Dongsung Chemical announce a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the Asian market and reduce fossil resource consumption. Dongsung Chemical, headquartered in South Korea and UPM Biochemicals, headquartered in Germany have agreed to form a strategic partnership to develop renewable products using bio-based raw materials, initially for footwear materials. Dongsung Chemical has signed a Letter of Intent for this strategic partnership to develop a renewable polyurethane product based on UPM Biochemicals’ biobased mono-ethylene glycols (MEG), UPM BioPura™. UPM is investing 750 million Euros to build the world’s first industry scale biorefinery at Leuna in Saxony-Anhalt, Germany, to convert sustainably sourced, certified woody biomass into next generation biochemicals. The facility aims to produce 220,000 tonnes annually in total. Bio-MEG is one of the outputs. UPM targets the start-up for end 2023.

Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, is pleased to announce that it has earned a gold rating in the EcoVadis Corporate Social Responsibility (CSR) assessment. This achievement places the company in the top eight percent of the 90,000 companies ranked by EcoVadis. The company has achieved a 30% increase in its performance level since earning a silver rating in its assessment in 2015. Monadnock is FSC® (Forest Stewardship Council®) certified (FSC C018866) ensuring that the fiber it sources comes from responsibly managed forests and recycling facilities that meet the highest environmental and social standards. Its products are manufactured carbon neutral, and they use 100% renewable Green-e certified wind-powered electricity, all under a third-party certified ISO 14001 Environmental Management System.

International technology group ANDRITZ and Paracel S.A., Paraguay, have signed a contract under which ANDRITZ is to supply all process equipment and energy-efficient and environmentally friendly pulp production equipment for Paracel’s 1.8 million ton/year pulp mill to be built in Concepción, Paraguay. ANDRITZ will supply all equipment on an EPC basis. The order value for ANDRITZ will be more than 1.5 billon US dollars. The contract is expected to be booked during 2023.

Following an extensive and long-term strategic analysis, Rottneros' Board of Directors has decided to discontinue the production of groundwood pulp in Rottneros Mill as there are no prospects for long-term sustainable profitability. The decision means that about 40 people will be made redundant. The cost of the closure is expected to amount to approximately 60 MSEK. Production is expected to cease at the end of 2022, following the conclusion of trade union negotiations which are now beginning. The Group plans to invest 160 - 200 MSEK to significantly increase capacity and production in the mill's CTMP line. In 2021, the Group's production of groundwood pulp amounted to 64 000 tons, corresponding to 16 percent of Rottneros' total production of 395 300 tons. During the same year, the groundwood line's share of the Group's net sales amounted to just over 10 percent, while the contribution, including electricity hedges, to the Group's net profit was marginal. The costs for the closure, approximately 60 MSEK, consist mainly of redundancy costs and will be charged in the Group's earnings for the third quarter. Only a minor part is write-downs of fixed assets.

Mondi plc has agreed to acquire the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million. The mill currently operates one paper machine producing lightweight coated mechanical paper. Mondi plans to convert this paper machine to produce around 420,000 tonnes per annum of high-quality recycled containerboard for an estimated investment of around €200 million. Close to two important export harbours, Duino is ideally located to supply the Group’s Corrugated Solutions plants in Central Europe and Turkey as well as to serve the growing local Italian market. The containerboard machine will strengthen backward integration in Corrugated Packaging and provide us with security of supply to better serve our customers.

Second Quarter of 2022 Highlights *Second quarter 2022 (“Q2 2022”) net earnings were $29.5 million or $0.15 per share (diluted), compared to $34.0 million or $ 0.18 per share in the first quarter of 2022 (“Q1 2022”). This was the Company’s third full quarter operating its acquired forest-products assets. *Lumber pricing remained strong in Q2 2022, with an average selling price of $1,255/mfbm compared to $1,325/mfbm in Q1 2022. Rising interest rates and inflation headwinds, coupled with macro supply tightening and the risk of disruptions to lumber supply underlies our expectation of continued volatility in lumber prices. *The Company made a voluntary repayment of US$8.9 million on its outstanding term debt during the second quarter of 2022. *Asset-backed revolving loan facility of $65.0 million was undrawn at quarter end and has remained undrawn at August 10, 2022. Strong operating cash flow continues to fund working capital needs. Cash and equivalents ended Q2 2022 with a balance of $74.2 million.

Koehler Paper in Oberkirch is taking advantage of the summer period to carry out necessary work on its three paper machines, its power plant, and its infrastructure. In addition to maintenance tasks, it is also planning a number of improvements so that when the machines are started up again in mid-August it will be able to continue producing premium paper for the international market. "It is not possible to carry out major works on these complex machines during production. As these machines normally run in continuous operation, these types of stoppages are necessary to ensure that our technology is always up to date,” says Hartmut Felsch, Mill Director at the Koehler Paper site in Oberkirch.

Mondi plc announces that it has entered into an agreement to sell its most significant facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Augment Investments Limited for a consideration of RUB 95 billion, payable in cash on completion. The proposed Disposal follows Mondi’s announcement on 4 May 2022 that, having assessed all options for the Group’s interests in Russia, it had decided to divest its Russian assets. Accordingly, Mondi launched a competitive auction process to find a suitable new owner for Syktyvkar. Syktyvkar is a wholly owned integrated pulp, packaging paper and uncoated fine paper mill located in Syktyvkar (Komi Republic). The Business employs approximately 4,500 people and it is a leading provider of uncoated fine paper and containerboard to the domestic Russian market.

"We saw increasing earnings and operating margins in the second quarter after a successful first quarter. We are also raising our adjusted EBITDA and free cash flow full-year guidance based on our first half of the year performance and our second half outlook," said Jean-Michel Ribiéras. "We remain committed to reducing debt, investing in high-return projects and returning cash to shareowners as we continue delivering on our investment thesis." Second Quarter Highlights *Net income from continuing operations of $84 million ($1.89 per diluted share) compared with $55 million ($1.25 per diluted share) in the first quarter of 2022 *Repaid $48 million of debt, achieving a gross debt-to-adjusted EBITDA ratio of 2.2x. Second Quarter Commercial and Operational Highlights *Price and mix improved by $73 million versus the prior quarter, mainly due to prior price increases implemented in all regions *Operations improved by $2 million and total planned maintenance outage expenses rose by $17 million in North America *Input costs grew by $16 million versus the prior quarter, reflecting higher chemical, energy, fiber and transportation costs.

KPLP Q2 2022 Business and Financial Highlights • Revenue was $397.5 million in Q2 2022 compared to $339.3 million in Q2 2021, an increase of $58.2 million or 17.1%. • Net loss was $35.5 million in Q2 2022 compared to net income of $2.2 million in Q2 2021, a decrease of $37.7 million. “We delivered another strong quarter of double-digit revenue growth in Q2 2022, but the depth, breadth and speed of inflation severely impacted our operating results and lowered profitability,” stated KP Tissue’s Chief Executive Officer, Dino Bianco. “We expect a partial recovery in the third quarter as successive pricing increases begin catching up with the inflationary curve, productivity gains are felt at our Memphis operations, and extensive cost management initiatives take effect. By the end of the fourth quarter, we anticipate a full recovery based on peaked pulp prices and reduced freight rates along with additional pricing adjustments. Consequently, we are highly confident about returning to a normalized margin in the near term.”

Polar® Transit Air - With excellent opaque characteristics, the 3.2 mil (80μ) premium, matte white polymeric self-adhesive PVC Polar® Transit Air is suitable for smooth, flat or simple curve surfaces such as sports arena boards, commercial vehicles and indoor and outdoor display signage. As well as incorporating Drytac’s bubble-free technology for an easy install, it has a removable pressure-sensitive adhesive that allows for field installation in cold weather without the need for wet application techniques. Polar® Smooth 150 Air - This 6-mil (150μ), self-adhesive white polymeric printable matte PVC film with removable bubble-free air egress adhesive technology is designed for graphics that need to be easily installed and removed without the need for lamination. It is suitable for numerous applications such as temporary construction hoardings, point of sale applications, interior décor applications – including the installation of graphics onto windows, walls, melamine and glass – as well as most other flat or simple curve surfaces. Dimensionally stable, Polar® Smooth 150 Air is phthalate-free, can be applied without stretching or tearing, and is cleanly removable. It is coated with a pressure-sensitive, removable aqueous acrylic adhesive protected by a 90# PE coated kraft bubble free release paper.

Mativ Second Quarter 2022 Highlights (reflects legacy SWM results) •Sales increased 13% to $426.4 million; organic sales growth of 11% with strong demand and pricing actions across the business driving top-line gains and offsetting cost increases •GAAP EPS of $0.36, up from $0.06; Adjusted EPS of $0.86, down 4%; Adjusted EBITDA up 1% year-over-year and up 5% sequentially. Neenah Second Quarter 2022 Highlights (not included in Mativ results) •Net sales increased 14% to $306.8 million; organic sales growth was 17%, driven by release liners, water filtration, and industrials and broad strength across the paper and packaging portfolio •GAAP operating income was $17.0 million; Adjusted EBITDA increased 14% to $36.2 million; price increases more than offset higher input costs