Second Quarter 2021 Summary *Reported sales grew 16% driven by strong core sales growth and positive currency effects *Core sales (excluding currency effects) increased 10% mainly on double digit core growth in Beauty + Home and Food + Beverage, driven by increased demand for our innovative dispensing solutions along with price adjustments related to rising input costs *Reported earnings per share totaled $0.81 (an increase of 29% compared to the prior year) *Reported net income totaled $55 million for the second quarter (an increase of 32% compared to the prior year) and $139 million year-to-date (an increase of 43% compared to the prior year) *Cash flow from operations was $176 million in the first half of 2021 (a decrease of 23% compared to the prior year)

Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, is delighted to announce that five cartons produced using its quality paperboards were selected as winners at the 2020 European Carton Excellence Awards at a virtual ceremony organised on 7th October. Metsä Board’s paperboard was used for the winner in the category of Food & Drink Packaging, Virgin Fibre, as well as for two Platinum Award winning cartons and for two Gold Award winning cartons. “The demand for packaging continues to grow and new, sustainable solutions as well as innovations are needed to replace fossil-based materials and to ensure circularity. Sustainability has become an integral part of packaging design,” says Maarten Florizoone, Sales Director, Converters Team at Metsä Board. “I am proud that Metsä Board’s ecological and recyclable paperboards were selected by our customers and partners for the five award winning packages, and I would like to congratulate all the teams behind the winning designs.” click read more below for details

In the face of the fast-growing demand for sustainable packaging, UPM Specialty Papers is working closely with customers and expert partners from across the food packaging value network to co-create the next generation of transformative and recyclable fibre-based packaging solutions. The aim is to develop and test papers, products and concepts that will support converters and brand owners in the transition to packaging made from sustainable and recyclable materials. This will in turn help them to meet their sustainability targets and comply with upcoming EU regulations on recyclability.