Ned Dwyer Appointed President & Chief Executive Officer of Catalyst Paper

With the slogan "Paper as a Sustainable Story", we will present our range of premium coated and uncoated papers especially designed for the publishing industry. Since this year Italy is the event's guest of honor, Lecta will showcase the excellence of the products it manufactures at its Cartiere del Garda mill, a cornerstone of the company's complete offering for the publishing sector. Lecta's Garda brand coated papers are renowned for their high quality, special technical characteristics, and optimum results in Lecta's long history of working with publishers worldwide. For this special edition, Lecta has also put together a program packed with activities celebrating experience, art and partnership.

Overview • Q1 2024 operating loss of $86 million; shareholder net loss of $65 million, or $0.54 per share • Sustained pressure on global lumber markets and pricing, especially for Southern Yellow Pine (“SYP”) • Solid earnings from Europe; US South results directly impacted by weak SYP lumber pricing; Western Canadian results remained challenging despite uplift in Western Spruce/Pine/Fir lumber pricing • Modest uptick in NBSK pulp unit sales realizations, 7% increase in pulp production quarter-over-quarter • Ongoing constraints accessing economically viable fibre in British Columbia impacting lumber and pulp operating rates in the near-term and through the balance of 2024

Announced jointly by Kruger Products and the Government of Québec in July 2016, the $55-million investment to purchase and install PM8 received a $39.5-million loan from Investissement Québec, which is acting as an agent of the Government of Québec in this project. Kruger Products also received support from the Joliette RCM and the Municipality of Crabtree – through the Fonds de développement des territoires – Fonds d’aide aux entreprises volet 2 (Territories Development Fund – Business Assistance Fund, stream 2) – to complete this investment. The Company also took the opportunity to reveal its recent acquisition of a new $12-million winder. This new, more efficient machine manufactures paper products for the away-from-home market and will enable the Crabtree Plant to boost its annual production by 29%. The Crabtree Plant now has plenty of room to grow over the coming years. Click Read More below for additional detail.