Clearwater Paper Launches NuVo® with BioPBS™ Cup

January-September 2021 compared with January-September 2020 *Net sales amounted to SEK 14,059m (13,818). The increase was primarily attributable to higher selling prices in all product areas. The discontinued publication paper operations (see page 5) and the divestment of Wood Supply UK (see page 7) had a negative impact on sales. Excluding these effects, net sales increased by 26%. *EBITDA increased 106% to SEK 6,303m (3,0631). The increase was mainly attributable to higher selling prices in all product areas and a stable, low cost level. EBITDA margin increased with 23 percentage points (of which 8 resulted from the discontinuation of publication paper operations and the divestment of Wood Supply UK) and was 44.8% (22.11). *Operating profit increased to SEK 5,226m (1,8531) *Operating cash flow amounted to SEK 3,453m (1,731)

EcoVadis has awarded UPM a platinum score based on the company’s sustainability performance in four categories: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. Only one percent of the 130,000 global companies assessed received a platinum rating. UPM scored 81/100 in the Manufacture of Pulp, Paper, and Paperboard industry. “The feedback from Ecovadis, both on strengths and areas of improvement, is extremely valuable and helps us to continuously improve our sustainability performance,” says Sami Lundgren, Vice President, Responsibility, UPM.

WestRock welcomes Brandi Colander to its executive leadership team as chief sustainability officer. Colander further strengthens WestRock’s commitment to sustainability, both within the company and in the packaging solutions it provides its customers. "WestRock is committed to a world in which fiber-based packaging plays a central role in advancing the circular economy,” said Steve Voorhees, chief executive officer of WestRock. “As we work in partnership with our customers, I am confident that Brandi’s extensive experience will help us advance our work to imagine and deliver a more sustainable future. I am very pleased that she is joining us on our sustainability journey." Colander brings to WestRock a cross-section of experience that spans the private, government and nonprofit sectors. Colander was most recently a principal at The Raben Group leading teams to advance client public policy goals. She has worked as head of external relations with Charter Communications, where she created diverse partnerships and oversaw philanthropic investments. Colander has served as a deputy assistant secretary for Land and Minerals Management at the U.S. Department of the Interior and deputy general counsel for the White House Council on Environmental Quality, advising on environmental laws and policies across federal agencies with diverse stakeholders.