Changes in UPM’s Group Executive Team

Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 – 10 % effective 1. June 2021 for all markets in Europe. This is in addition to the previously announced and implemented increases. Sharply rising input costs in raw materials and freight rates due to global logistic constraints make the increase unavoidable and will likely be followed by subsequent increases as the trend continues.

We herewith announce a price increase of 3 - 6% for our high-speed inkjet and office paper business in the USA and Canada. Specifically we will increase • DNS® premium starting for all deliveries 1 June 2018 • MAESTRO® special with starting for all deliveries 1 July 2018 • DNS® high-speed inkjet and all NEUJET® grades starting for all deliveries 1 July 2018. This increase is necessary due to continuous and drastic fiber price increases, transport cost rises and general inflation in other cost positions.

Lecta expands its line of Termax thermal products and launches its two new high-quality grades of Termax top-coated thermal paper on the market, Termax TC20X and Termax TC20XB, for a wide variety of self-adhesive labels. The two new grades of paper in this product line are made to be used as adhesive facestock for food and industrial label applications in which there may be adverse conditions such as moisture, grease or solvents. Both products are highly resistant to grease, water, solvents, scratching and plasticizers, and are therefore an excellent solution to these problems. In addition to excellent chemical and environmental resistance, Termax TC20X and TC20XB papers provide high image resolution, good temperature resistance, high sensitivity, and both are phenol-free. The TC20XB also has a protective layer on the back to protect the label when used with more demanding adhesives.