Catalyst Paper Price Announcement – Orion & Vision – November 1, 2017 USA

Norske Skog’s EBITDA in the second quarter of 2020 was NOK 138 million, a decrease from NOK 379 million in the first quarter of 2020, mainly due to national restrictions on movement of goods and people following the outbreak of the corona pandemic. The restrictions had severe negative impact on operations due to a sudden and considerable drop in demand for publication paper. Operating earnings in the second quarter of 2020 were NOK -122 million compared to operating earnings of NOK 90 million in the first quarter of 2020 impacted by impairment recognized in the quarter. Net loss in the quarter was NOK 59 million compared to a net loss of NOK 374 million in the previous quarter. The previous quarter was impacted by unrealised currency loss that was only partially reversed in the second quarter as NOK was stronger at the quarter end. Cash flow from operations was NOK -109 million in the quarter compared to NOK 470 million in the previous quarter.

Third Quarter 2021 Highlights: • Net sales of $339 million, an 11% increase over third quarter 2020 and a 3% increase over second quarter 2021 • Net income of $58 million compared to a net loss of $31 million in third quarter 2020 and net income of $16 million in second quarter 2021 • $286 million in available liquidity including $166 million in cash • Returned $14 million in capital to shareholders in repurchases and quarterly dividends

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.