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)

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the global availability of ReTac Duo double-sided mounting adhesive. Previously only available in North America but now being offered to customers worldwide, ReTac Duo is a clear, double-sided mounting adhesive on a clear PET carrier. It has a permanent adhesive on one side and ReTac ultra-removable adhesive on the other. The permanent adhesive side of the film sticks to the desired graphic, while ReTac ultra removable adhesive on the other means the graphic can be easily applied, repositioned and removed for repeated use. Such is the flexibility and adaptability of ReTac Duo that it can adhere to walls, doors, windows, or any other smooth surface, without leaving behind residue when removed.

Comments by the CEO: Focus on cost adjustments and a stable balance sheet. The first quarter was marked by weak results due to continued rising prices for pulp wood, the challenging market trend for CTMP pulp and the weaker USD. We are now working intensively on cost adjustments and further efficiency measures. Meanwhile, the chemical softwood pulp market is stable and many of our niche customers still wish to increase their volumes. We are now rapidly implementing cost adjustments and efficiency measures on all fronts in response to worsening external conditions. We are therefore doing what is necessary, even if it is painful. At the end of March, 47 employees were given notice, mainly at Rottneros Mill where we produce mechanical CTMP pulp. Overall, we expect to reduce the Group’s cost base by 35–40 MSEK on an annual basis, with full effect during the second half of 2025. Profitability is primarily being squeezed in CTMP pulp due to the tough market situation. At present, several external factors are forcing us to scale back our production and limit deliveries to fewer markets.