Sappi has again achieved the highest platinum level in EcoVadis’ sustainability rating across all three of its manufacturing regions – Europe, North America, and South Africa. In line with Sappi’s business strategy, the organisation has consistently focused on its priority SDGs and collaborated with all its stakeholders to deliver measurable and tangible progress. Sappi, a leading global provider of everyday materials made from woodfibre-based renewable resources, has again achieved Platinum, the highest rating in EcoVadis’ sustainability assessment across all three of its manufacturing regions – Europe, North America, and South Africa. Sappi continues to be among the top 1% of the companies worldwide rated by EcoVadis in the manufacture of pulp, paper and paperboard category. In 2018-2019, Sappi received EcoVadis gold medal, which was the highest level until the Platinum category was introduced in 2020. Sappi’s global business strategy focuses on growing its business, enhancing trust, and driving collaboration and innovation as a sustainable, diversified global woodfibre group.

Overview • Q1 2022 reported operating income of $742 million driven by strong lumber segment results with near record-high North American lumber pricing and strong earnings for the Company’s European lumber operations • Shareholder net income of $534 million, or $4.29 per share • Completed acquisition of Millar Western Forest Products Ltd.’s (“Millar Western”) solid wood operations and associated tenure for $440 million, including net working capital • Announced $165 million (US$130 million) investment in the US South to significantly upgrade and expand Urbana’s sawmill and planer facility • Announced the implementation of a comprehensive plan to achieve net-zero carbon emissions by 2050

International Paper has pledged $1 million to support disaster relief efforts in the communities impacted by Hurricane Harvey and Tropical Storm Harvey. The International Paper Foundation will contribute $750,000 to the American Red Cross chapters in Texas and Louisiana, and will contribute $250,000 to Feeding America. International Paper has established strategic partnerships with these organizations to provide disaster relief in communities where IP employees live and work. Click Read More below for additional detail.