Suppliers secured for Rottneros Group’s investment in renewable energy

We herewith announce a price increase of 3 - 6% for our high-speed inkjet and office paper business in the USA and Canada. Specifically we will increase • DNS® premium starting for all deliveries 1 June 2018 • MAESTRO® special with starting for all deliveries 1 July 2018 • DNS® high-speed inkjet and all NEUJET® grades starting for all deliveries 1 July 2018. This increase is necessary due to continuous and drastic fiber price increases, transport cost rises and general inflation in other cost positions.

UPM and Dongsung Chemical announce a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the Asian market and reduce fossil resource consumption. Dongsung Chemical, headquartered in South Korea and UPM Biochemicals, headquartered in Germany have agreed to form a strategic partnership to develop renewable products using bio-based raw materials, initially for footwear materials. Dongsung Chemical has signed a Letter of Intent for this strategic partnership to develop a renewable polyurethane product based on UPM Biochemicals’ biobased mono-ethylene glycols (MEG), UPM BioPura™. UPM is investing 750 million Euros to build the world’s first industry scale biorefinery at Leuna in Saxony-Anhalt, Germany, to convert sustainably sourced, certified woody biomass into next generation biochemicals. The facility aims to produce 220,000 tonnes annually in total. Bio-MEG is one of the outputs. UPM targets the start-up for end 2023.

Sole Source Capital LLC announced that its portfolio company, I.D. Images (“IDI”), a premier provider of product identification solutions, has made three significant acquisitions over the past five months. IDI’s acquisitions of Digital Printing Concepts, Multi-Action Communications, and Valley Forge Tape & Label Company have more than doubled the size of the company and extended its reach to several new markets across the U.S. and Canada since it became a Sole Source Capital portfolio company in August 2021. Terms of the transactions were not disclosed. IDI manufactures high-quality durable and graphic intensive labels that address a broad range of product identification needs for a variety of end markets. Digital Printing Concepts, founded in 2003 and based in East Providence, RI, is a manufacturer of custom durable variable data labels that are utilized in warehouse logistics. Headquartered in Quebec, Canada, Multi-Action Communications is a manufacturer of logistics, grocery, track-and-trace, and prime labels to customers throughout Canada and the United States. The company was founded in 1993 and operates out of three manufacturing facilities across Canada. Based in Exton, PA and founded in 1962, Valley Forge Tape & Label Company is a longstanding, full-service manufacturer of custom printed self-adhesive labels for the Food and Beverage, Healthcare, and Consumer Products industries.