Domtar Price Increase Announcement

KPLP Q2 2021 Business and Financial Highlights • Revenue decreased by $47.5 million or 12.3% to $339.3 million in Q2 2021 compared to $386.8 million in Q2 2020. • Adjusted EBITDA was $37.3 million in Q2 2021 compared to $64.4 million in Q2 2020, a decrease of 42.1%, and similar sequentially to the $37.5 million in Q1 2021. • TAD Sherbrooke continues to run above the expected start-up curve. • Completed financing for the Sherbrooke Expansion Project. • Declared a quarterly dividend of $0.18 per share to be paid on October 15, 2021.

Holmen signed an agreement to acquire Martinsons, one of Sweden's leading players in sawn and processed wood products. The purchase price is SEK 1.0 billion for 100 per cent of the shares. The acquisition will almost double Holmen's sales of wood products to over SEK 3 billion, while also advancing positions in wood construction and providing Holmen with the capacity to process the majority of the raw material from its own forests in its own industry. Martinsons consists of two well-invested sawmills in northern Sweden with extensive processing of wood products for Scandinavian wood construction, as well as a project operation for construction of complete frames made of cross-laminated timber (CLT) and glulam beams for purposes such as offices, sports centres and apartment buildings. The company has 470 employees, most of whom work in processing.

Operating profit for 2017 amounted to SEK 2 166 million (2016: SEK 2 162 million excluding items affecting comparability). Deliveries of paperboard, paper and wood products increased and the sales…