Q2 2021 Highlights (comparative figures have been restated to reflect discontinued operations2) *Sales of $956 million (compared with $942 million in Q1 2021 (+1%) and $1,020 million in Q2 2020 (-6%)) *As reported (including specific items) **Operating income of $23 million (compared with $44 million in Q1 2021 (-48%) and $64 million in Q2 2020 (-64%)) **Operating income before depreciation and amortization (OIBD)1 of $87 million (compared with $109 million in Q1 2021 (-20%) and $127 million in Q2 2020 (-31%)) **Net earnings per share of $0.02 (compared with $0.22 in Q1 2021 and $0.57 in Q2 2020)

Rottneros has entered into a long-term Power Purchase Agreement (PPA) including Guarantees of Origin (GoOs) with the third largest German energy group Energie Baden-Württemberg (EnBW). The utility will supply Rottneros with just over 30 GWh/annum of clean energy delivered from the 116 MW Målarberget wind farm in Sweden over an 8.5-year period starting in 2025. The partnership marks an additional step in Rottneros’ ambitions to reduce the environmental impact of its operations and its exposure to the volatile and uncertain electricity market. Rottneros’ goal is a fossil-free production according to GHG Scope 1 & 2 by 2030. The emissions from Rottneros’ operations come mainly from its external purchase of electricity, which is also their third largest variable cost item. In addition to helping Rottneros meet its climate targets, long-term PPAs are part of the company’s active work to reduce its long-term exposure to electricity price movements.

Domtar has announced a temporary reduction in its lumber production for the first quarter of 2026, citing difficult market conditions, ongoing U.S. tariffs and persistent economic uncertainty.  The company plans to curtail output by 150 million board feet, a measure that will affect its facilities in Quebec, Ontario and the United States. According to the company, the move primarily reflects the current weakness in North American lumber demand. “Demand for lumber remains low, which requires us to adjust our production levels in line with market conditions,” said Luc Thériault, Chief Executive of Wood Products and President – Canada, at Domtar.