Cascades to Permanently Close Its Corrugated Medium Plant in Niagara Falls, New York

Koehler Paper’s Technical Customer Service tested the TM‐T88VI receipt printer comprehensively for months. – With success! Because: The sustainable, blue Blue4est® thermal paper by Koehler Paper gets first‐rate results on Epson TM‐T88VI receipt printer. Blue4est® represents the latest generation of environmentally friendly receipts and, unlike the traditional receipts used at POS, can be disposed of as wastepaper without a problem. In addition, its blue color makes Blue4est® thermal paper immediately recognizable as environmentally friendly for consumers. Low power consumption and high performance combined with low operating costs make the Epson TM‐T88VI receipt printer an environmentally friendly alternative for the POS receipt printer market, and together with Blue4est® paper, a sustainable POS printing solution.

Q2 2023 highlights • Sales were EUR 2,558 million (2,562 million in Q2 2022) • Comparable EBIT decreased by 71% to EUR 114 million, 4.5% of sales (387 million, 15.1%) • Delivery volumes were impacted by destocking in various product value chains • Pulp and energy prices decreased to cyclical bottom levels • Operating cash flow was EUR 459 million (-879 million), supported by cash inflow from energy hedges • UPM Paso de los Toros pulp mill in Uruguay ramping up production according to the plan • The OL3 nuclear power plant unit began regular commercial electricity production • Permanent closures of PM6 at UPM Schongau, Germany and PM4 at UPM Steyrermühl, Austria

Metsä Board, part of Metsä Group, announced on 1 December 2020 that it had signed an agreement to sell a 30 percent stake in its Husum pulp mill in Sweden to the Swedish forest owners' cooperative Norra Skog. The transaction was completed on 4 January 2021, and its impacts will be included in Metsä Board's financial reporting as of the January–March 2021 interim report.