Domtar Becomes a U.S. Army PaYS Partner

Canfor Pulp Products Inc. is announcing a temporary curtailment of its Intercontinental Pulp Mill due to the lack of available economic fibre. Following its annual turnaround maintenance that began on September 24, 2022 and lasted for two weeks, the facility has implemented a two-week curtailment. Regular operations are expected to resume on October 24, 2022. In total the four weeks of downtime is reducing Canfor Pulp's production output by approximately 28,000 tonnes of market kraft pulp. "Despite strong global pulp markets, we are experiencing a shortfall of economic fibre in British Columbia. The fibre for pulp mills is increasingly constrained due to the impacts of the decreasing allowable annual cut, the end of the Mountain Pine Beetle epidemic, wildfires and reduced sawmill capacity in the province," said Kevin Edgson, President & CEO, Canfor Pulp. "We regret the impact of the downtime on our employees and are working to support them through this time."

Mondi, a global leader in packaging and paper, launches NAUTILUS® Elemental, its first recycled office paper product for the low-white segment. The new product made from 100% post-consumer waste complements the existing wide range of premium high-white recycled papers. Low-white recycled papers are particularly popular with public authorities and institutions (e.g. schools). The new paper is now available across Europe. Due to an increasing demand for recycled paper, Mondi extended its NAUTILUS® portfolio and availability over the past few years. This latest product innovation is the next milestone in its strategy and targets important low-white markets in Europe where currently limited suppliers exist. NAUTILUS® Elemental is ideally suited for all types of office communication such as everyday communication, e-mail print-outs, direct mail, invoices and manuals. NAUTILUS® Elemental is produced in Austria in compliance with certification schemes including the Blue Angel, FSC® Recycled, EU Ecolabel and the Austrian Ecolabel.

Overview: •Q3 2021 reported operating income of $331 million driven by solid lumber segment results despite a sharp decline in North American lumber prices from prior quarter all-time highs • Record quarterly earnings for the Company’s European lumber operations • Shareholder net income of $210 million, or $1.68 per share • Cumulative cash deposits of $656 million on countervailing and anti-dumping duties at September 30, 2021. The Company reported operating income of $331.0 million for the third quarter of 2021 driven by solid earnings in both the lumber and pulp and paper segments. Compared to the second quarter of 2021, current quarter reported operating income was down $710.3 million, reflecting a material decline in lumber segment earnings from an all-time high in the previous quarter, and, to a lesser extent, moderately lower pulp and paper segment earnings.