Domtar Light Weight Opaque Papers – Important Pricing Information

January–March 2023 (1–3/2022) *Sales were EUR 1.634 million (1.594). *Operating result was EUR 276 million (341). Comparable operating result was EUR 276 million (244). *Result before taxes was EUR 271 million (330). Comparable result before taxes was EUR 272 million (232). *Comparable return on capital employed was 15.3% (15.8). *Net cash flow from operations was EUR 38 million (135).

Kati ter Horst, Executive Vice President, Paper Division and a member of the Group Leadership Team, has decided to leave Stora Enso as of 1 July 2022. After more than 25 years with the Company, she will now pursue career opportunities outside of Stora Enso. Kati ter Horst joined Stora Enso in 1996 and has been leading the Company’s Paper division since 2014. “As a highly valued member of our Group Leadership Team, Kati has been instrumental in driving Stora Enso’s transformation journey into a renewable materials company by contributing to strategy development. She has showed strong leadership and has played a key role in the extensive restructuring process of our paper business. I want to express my gratitude to Kati for her significant contributions to Stora Enso, while wishing her all the best in her future endeavours,” says Annica Bresky, President and CEO at Stora Enso.

UPM Raflatac plans to open a new state-of-the-art slitting and distribution terminal in the Toronto, Canada metropolitan area. The new facility will improve service and quality to UPM Raflatac’s customers in Eastern Canada and Northeastern U.S., while strengthening relationships in the region. “We have made significant investments in our production capabilities to meet the demand for self-adhesive paper and film products. The recent decision to expand our global network of terminals with a brand-new facility in Canada is a testament to our long history of enabling our customers to grow,” said Morgan Dundas, Sales Director, UPM Raflatac Americas.