ARCTIC PAPER 20101

Arctic Paper - One of the leading manufacturers of

fine paper in EuropeExceptionally strong in the book paper segment

• Arctic Paper is a medium sized non-integrated European paper producer focused on graphical fine paper and is one of the leading players in Europe.

• The Company is exceptionally strong in the book paper segment where it is the 2nd largest producer of uncoated bulky book paper in Europe.

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Arctic Paper in short

• Arctic Paper is a 2nd largest producer of bulky book paper in Europe and one of the leading producers of high-quality graphic paper.

• Our group includes four fine paper mills and 15 sales offices around Europe. Since October 2009 Arctic Paper S.A. is listed on Warsaw stock exchange in Warsaw with about 25% of a free float.

• The head office is in Poznań, Poland and its branch office in Gothenburg, Sweden.

• The groups total production capacity is 810.000 tons of graphic fine paper.

• Sales revenue in 2009 for the group amounted to EUR 460 mln.• Number of employees in 2010: ca 1650.

Our mills:– Arctic Paper Kostrzyn SA, Poland– Arctic Paper Munkedals AB, Sweden– Arctic Paper Grycksbo AB, Sweden– Arctic Paper Mochenwangen GmbH, Germany

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Arctic Paper - Company structure

Four well performing paper mills supported by a widespread distribution network SALES OFFICES

Arctic Paper Papierhandels GmbH, Austria

Arctic Paper Benelux N.V., Belgium

Arctic Paper Danmark A/S, Denmark

Arctic Paper France SAS, France

Arctic Paper AB Representative Office, Ukraine

Arctic Paper Deutschland GmbH, Germany

Arctic Paper Ireland Ltd., Ireland

Arctic Paper Italia Srl, Italy

Arctic Paper Baltic States, Latvia

Arctic Paper Norge AS, Norway

Arctic Paper Polska Sp.z o.o., Poland

Arctic Paper Espãna S.L., Spain

Arctic Paper Sverige AB, Sweden

Arctic Paper Schweiz AG, Switzerland

Arctic Paper UK Ltd., United Kingdom

MILLS

Arctic Paper Kostrzyn S.A., Poland

Arctic Paper Munkedals AB, Sweden

Arctic Paper Grycksbo AB, Sweden

Arctic Paper Mochenwangen GmbH, Germany

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Arctic Paper, Environmental policy and

goals"We always choose reliable solution in care of

the natural environment”

The goal of Arctic Paper is to minimize unfavourable impact of employed processes on natural environment by:

• Increasing personnel awareness in improvement of natural environment.

• Reduction of pollution indices in relation to mill effluent.• Reduction of water consumption.• Reduction of contaminants emission to the air.• Preventing pollution and utilization of all solid wastes

produced.

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Arctic Paper, supporting projects

• Nordens Ark. This animal park on the West Coast of Sweden specialises in the preservation of endangered species. Arctic Paper is patron to Lynx.

• The Sven Lovén Centre for Marine SciencesCommitted to independent research on salt water in the Gullmar fjord, the nature reserve.

• The Warta Bird Park. A national park with unique flocks of birds. Arctic Paper Kostrzyn actively participates in the preservation of the environment.

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Our four mills

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Arctic Paper Kostrzyn S.A., Poland

Technical characteristics:• Production capacity 275 000

t/a.• Uncoated woodfree paper for

offset, preprint printing and high bulk paper.

• Paper machines:

PM 1 Wire Speed770 m/min - 5,25 m

PM 2 Wire Speed750 m/min - 5,25 m

• Four folio sheeters 140 000 t/a.• Ream wrapping machine.

1938 1968 1993 2006

Establishment of pulp production Installation of first

paper machine

Privatisation and sales of the company to Trebruk AB now Arctic Paper

New Power Plant based on gas consumption from local sources at APK.

Arctic Paper Kostrzyn

Location

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• The Kostrzyn mill was founded in 1950• It is built close to the Warta and Oder rivers in

Poland, a region with a long tradition of paper production.

• Main focus on high-quality offset paper, sold under Amber brand.

• Approximately 80% of its total sales are exported to countries in Europe.

• Main markets are Poland, Germany, France and Austria & CEE.

• High environmental profile.• The yearly production capacity is 275,000 tonnes.• The number of employees in 2010 is about 420.

APK, Key facts

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Arctic Paper Munkedals AB, Sweden

Technical characteristics:• Production capacity 160 000

t/a.• Uncoated graphical paper :

Premium bulky book papersPremium offset papers (Design),

• Paper machines:

PM 5 750 m/min - 3,22 m

PM 8 800 m/min - 3,97 m.

• Four folio sheeters 80 000 t/a.• One laminator.• One ream wrapping machine.1871 1906 1940 1965 2010

Establishmentof Munkedalspulp mill

Acquisition of Munkedals mill by Mr. Haakon Onstad and forming the holding company thatlater became Arctic Paper AB

Pulp production closed

New Rough Munken

Arctic Paper Munkedals

Location

1978

Book Paper- Munken Print

Manufacturing ofpulp and fine paper

2005

New book paper range

1998

Munken Design – Paper Revolution

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APM, Key facts• The Munkedals mill was founded in 1871.• Beautifully situated on the west coast of Sweden (100 km from

Gothenburg).• Main focus on bulky book paper (woodfree and wood-containing)

as well as Design paper (woodfree), sold under Munken brand.• Main markets are Germany, Sweden, United Kingdom, The

Netherlands and France.• One of the most environmentally friendly paper mills in the world.• The yearly production capacity is 160,000 tonnes.• The number of employees in 2010 is about 340.

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APM, Dummyshop

Service available for total product range of Arctic Paper

• Easy to order at www.arcticpaper.com/dummyshop

• Dummies and paper samples of Amber, Arctic, G-Print, Munken and Pamo.

• Free of charge.• Quick delivery.

APM, Environmental centre

• The Environmental Centre in Munkedal displays methods of reducing the environmental impact on water from paper production processes.

• Much work and investigation has gone into cleaning and re-using our processed water – to ensure that the water we put back into nature is fully restored.

• This is achieved by biological treatment and our exhibition hall is built next to the water ponds that make up the final step of the purification.

• As a result of our work it is now a beautiful park with plants and a home for a rich animal life.

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Arctic Paper Grycksbo AB, Sweden

Technical characteristics:• Production capacity 265

000 t/a.• Coated woodfree papers.• Paper machines:

PM 10, 1100 m/min - 3,86 m

PM 9,400 m/min - 2,52 m.

PM 7,400 m/min - 2,36 m.

1740 1966 1995 1998 2006

Grycksbo is founded by Johan Munktell

Stora Kopparbergacquires GrycksboPapermill

Mirror blade techniqueinstalled

Merger betweenSTORA and Enso

Accent EquityPartners acquiresGrycksbo Paper

Arctic Paper Grycksbo

Location

March 2010

Arctic Paper acquiresGrycksbo Paper

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APG, Key facts• The Grycksbo mill was founded in 1740.• Grycksbo in the Swedish province of Dalecarlia is a small

traditional mill community. With a history that goes back to 1740, the paper mill is an inseparable part of life here.

• Main focus on coated woodfree paper sold under brands G-Print and Arctic.

• Main markets are United Kingdom, Germany, Sweden and Finland.• High environmental profile.• The yearly production capacity is 265 000 tonnes.• The number of employees in 2010 is about 500.

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Arctic Paper Mochenwangen GmbH, Germany

Technical characteristics:• Production capacity 115 000

t/a• Wood-containing bulky book

papers, wood-containing offset papers, wallpaper base

• Paper machinesPM 1 Dandy roll - Size press420 m/min - 2,40 mPM 2 Top former1000 m/min - 3,00 m

• PM 3 Top former - Size press700 m/min - 2,88 m

• One sheeter 15 000 t/a• Groundwood pulp capacity

52.000 t/a1868 1978 1996 2002 Nov. 2008

Establishment ofMochenwangen

mill

Sale of the millto Holzstoff AG

Acquisition byMyllykoski

Sale to GolzernHolding GmbH

Acquisition by Arctic Paper S.A.

Arctic Paper Mochenwangen

Location

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• The Mochenwangen mill was founded in 1868.

• Arctic Paper Mochenwangen is situated in a beautiful village located in the state of Baden-Württemberg in Southern Germany.

• Main focus on uncoated wood-containing book paper sold under Pamo brand. Also wood-containing offset paper – L-Print.

• Main markets: Germany, Italy, France and United Kingdom.

• The yearly production capacity is 115 000 tonnes.

• The number of employees in 2010 is about 190.

APMW, Key facts

Our six product brands

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Amber Graphic, white, offset paper which is used for manuals, books, advertising mtrl. brochures, in mono or multi colour print.Amber Preprint, high white, technically advanced uncoated paper, developed for direct mail, forms and advertising material.Amber Volume, high white bulky uncoated paper, surface is specially suited for many kinds of educational publishing applications.

UNCOATED WOODFREE PAPER

COATED WOODFREE PAPER

Arctic Matt, white paper with matt, soft surface, suitable for books, magazines, maps and folders.Arctic Silk+, white paper with silky surface, house paper for printers, suitable for brochures, books and book covers, posters and cards.Arctic Volume HighWhite, crispy white, bulky design paper, secures high-quality image reproduction while maintaining a natural paper feel.Arctic Volume White, white, bulky design paper, secures high-quality image reproduction while maintaining a natural paper feel.Arctic Volume Ivory, cream, bulky design paper, secures high-quality image reproduction while maintaining a natural paper feel.

Bulky book paper:: Munken Premium White and Cream, exclusive papers mainly for text books with high durability.Munken Print White and Cream, ultimate high quality book paper, suitable for most types of books.Munken Pocket Cream, paper suitable for text books where age stability is of less importance i.e. paper backs.Design paper:Munken Polar, Lynx and Pure, design range in crispy white, natural white and cream shade, with a smooth surface for demanding colour printing matters e.g. premium catalogues, advertising mtrl.Munken Polar Rough, Lynx Rough and Pure Rough, design range in crispy white, natural white and cream shade, with a rough surface for demanding colour printing matters e.g. premium catalogues, advertising mtrl

PREMIUM UNCOATED WOODFREE AND WOOD-CONTAINING PAPER

UNCOATED WOOD-CONTAINING PAPER

Pamo Classic, Pamo Super, Pamo Art, yellow white book papers suitable for paper backs.Pamo Bulky, Pamo Super White, Pamo Sky, blue-white books paper suitable for paper backs.

L-Print, Offset wood-containing paper, suitable for cost efficient brochures, periodical catalogues, time tables and telephone books.

Strong and wide product portfolioThe Company’s portfolio comprises of a wide range of paper products

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COATED WOODFREE PAPER

G-Print, white paper with matt, non-reflecting surface, suitable for books, magazines, maps and folders.G-Print Smooth, white paper with silky surface, suitable for brochures, books and book covers and posters.

Customer baseArctic Paper has an open and proactive approach to it’s five major customer groups

Printing Houses

Publishers

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Advertising and design

agencies

Wholesalers

End users

Amber

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The Amber range - description

• Amber Graphic is a white, uncoated fine paper suitable for books, dictionaries, manuals, advertising material, brochures and catalogues in both mono and full colour. Such a broad variety of applications is possible due to the wide range of grammages. It is especially recognised for good runnability and printability.

• Amber Preprint is a high white, technically advanced, uncoated paper, developed for direct mail, invoices, letterheads and advertising material. The paper complies with the requirements of DIN 6723 and 6724-1 standards which means that the paper in 80 and 90 g/m2 is guaranteed to work on equipment with optical character recognition (OCR). Amber Preprint works perfectly in digital presses and is also guaranteed to work in laser printers, even after offset litho printing. Thanks to its properties it can be used in high speed photocopiers and printers.

• Amber Volume is a woodfree, high white, bulky, uncoated paper. The surface is specially suited for all kinds of educational publishing applications such as schoolbooks, academic literature, reference material and factual books. The bulky paper gives the end product good stiffness and the wood free paper secure durability.

• All Amber standard products are available as FSC and PEFC certified.All Amber products are available both in sheets and reels.

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Amber Graphic - features

• The ideal uncoated house paper.

• Wide range of grammages 60-400 g/m2 allows for a broad range of applications.

• Consistent quality, printability and runnability will make your machines run smoothly.

• Neutrally sized (acid free) - stronger paper and better ageing resistance.

• Surface sized - better printability and more stable paper.

• Good whiteness CIE 143 (ISO 104).• Excellent 4 colour print quality thanks to perfect

dimensional stability and good whiteness. • FSC & PEFC certificate.• Amber Graphic is a perfect choice for:

high quality b/w novels, education books, four colour books, advertising material, brochures, leaflets, catalogues.

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Amber Preprint - features

• Wood free multi-functional paper.

• Neutrally sized (acid free) - stronger paper and better ageing resistance.

• Perfect runability in all offset, laser and monocolour ink-jet printers.

• High whiteness – 167 CIE (110 ISO).

• Thanks to high opacity is certified as OCR guaranteed.

• >80 % Eucalyptus fibre = premium formation, opacity and runability.

• FSC & PEFC certificate.• No.1 choice for document printing, direct

mailings and business stationery. Can also be used as high white offset paper for a variety of general print and advertising jobs personalized forms of direct mailings, forms, letterheads, invoices.

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Structure of preprint market

Conventional offset Preprint

Offset printing

Personalization using laser or inkjet printers and photocopiers

End user

Books,

catalogues, advertising,

manuals, brochures, calendars,

periodicals, writing pads,

flyers, labels, diaries

Invoices,

business forms, letterheads,

shipping documents, receipts,

personalized advertising materials,

business stationary, faxes,

leaflets

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Amber Volume - features

• White wood free bulky paper.

• Neutrally sized (acid free) - stronger paper and better ageing resistance.

• Excellent runability due to good stiffness and surface sizing.

• Decreasing the weight of book according to higher bulk.

• Excellent 4-colour image reproduction due to good opacity.

• FSC & PEFC certificate.

• Amber Volume is a perfect choice for printing books, brochures and scholastic publications in mono and full colour.

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Munken

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Munken Book Papers

In European book publishing there are three segments for bulky book paper

• The European book paper market is in total about 2 000 000 tonnes of which bulky book paper is about 700 000 tonnes.

• In the bulky book paper segment Munken has a very strong position in the two upper segments.

Wood free segment:

for first edition and the highest quality books

High quality wood-containing segment:

for quality book both hard and soft cover

Paper Back/ Pocket book segment:

for paper back books

Munken: Premium book paper for high

quality books

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Each segment has special requirements and Munken reach the highest demands

• All Munken book papers are surface and body sized and has an outstanding quality level.

• Each of the Munken product family exist in several bulk versions and in several grammages.

Munken Premium White & Cream:Exclusive wood-free papers for books that last for generations.

Munken Print White & Cream:Unique book papers with an optimised blend of wood-free pulp and wood contain pulp to gain the best from both.

Munken Pocket Cream High quality surface sized wood containing book paper.

Munken: Premium book paper for high

quality books

Different books, different demand!

High quality hard and second edition book:

• High quality books and a wood free “look-a-like” paper.

• High strength and good life span.

• Perfect and very clear shades in white and cream.

Highest quality hard cover and first editions books:

• Books when highest quality and wood free paper is demanded.

• Long life and strong binding, ISO 9706 is fulfilled.

• Perfect and very clear shades is very important.

Pocket books :

• Books when good quality is wanted but low price is demanded.

• Highest opacity that enables to choose lower grammages for lowest possible price.

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Munken Design Papers

Graphical Fine Paper • Paper can be categorized in several segments with different

characteristics.• A conscious choice has become more and more important

Speciality paper: Very expensive and exclusive “Haute Couture”. Characteristics: needs to be very special in e.g. texture and shade.

Design & Premium paper : More unique selection of paper in shades and surfaces.Characteristic: distinctive, complete range, should differ from “commodity”.

Commodity paper: Traditional standard paper types.Characteristic: Standard, high white, one surface one bulk.

Munken: Premium design paper for

demanding graphical production

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Munken is selected:• To enhance the design and the true purpose of the printed matter.

• When you want to coney a unique feeling and character.

• When minimum environmental impact is expected.

Speciality paper

Munken is the original Design & Premium paper

Commodity paper

Munken: Premium design paper for

demanding graphical production

Munken Design now extended with Munken Rough Range

Two unique surfaces:

• Smooth surface – enhances images and has an exclusive, yet very natural feel.

• Rough surface – unique and extra tactile surface, perfect for well-defined images gives even more of a natural paper feel.

Three shades:

• Crisp white shade with low blueness for even better contrast in images.

• Natural white shade for optimal image and text print.

• Cream shade with high readability, exclusive feel and highest environmental focus as no added OBA.

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The Munken Design Range - features

• Three shades.

• Two unique surfaces.

• Multifunctional qualities.

• Woodfree paper that gives a strong product with a very long life.

• Fulfils ISO 9706.

• Wide range of grammages 70 to 400 g/m2

• Available as FSC and PEFC certified.

• Available in reels & sheets.

• From stock or making orders.

Arctic

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Arctic: Celebrating what’s different

Arctic is a coated paper offering a natural feeling and unique reproduction opportunities.

• The Arctic range contains fully coated fine paper qualities, available as FSC and PEFC certified.

• Arctic is the natural choice for anyone looking for exceptional printing properties and perfect image reproduction.

• The range includes bulky matt coated papers, as well as semi-matt papers, making it possible to choose the best paper for each specific purpose.

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The new Arctic Volume Range

• A range of three woodfree bulky (matt) coated design papers.

• Available in three shades enabling flexibility and options for great creative work.

• Papers with a natural paper feel and unique surface.

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The new Arctic Volume Range – features

• Three shades of bulky matt coated design papers, giving target groups possibilities to choose the most suitable paper.- High white shade with low blueness for even better contrast in images.- Natural white shade for optimal image and text print.- Cream shade with high readability, exclusive feel.

• Wood free paper that gives a strong product with a very long life (ISO 9706).

• High bulk 1.1 – also in low grammages.• High stiffness gives excellent runnability.• Wide range of grammages (90 to 300 g/m2) offers

wide range of end use areas.

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The competitive edge of G-Print

The G-Print offer is unique in terms of: • Product features and user benefits.• User economy.• Knowledge and service levels.• Commitment to sustainable

development.

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G-Print or G-Print Smooth?

Or

Do you prefer a stiff paper with bulk and feel?

Do you prioritize image reproduction and print quality?

YES

YES THE PAPER FOR YOU IS:

G-Print Smooth

THE PAPER FOR YOU IS:

G-Print

Pick the right G-Print

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G-Print, main usage areas

Magazines Posters & Maps

Illustrated books Direct Mail

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Wood-containing

book paper

Pamo

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Pamo, highlights

• Wide range of wood-containing book papers.• Two shades: creamy and bluish white.• Many bulk variations, from 1,5 to 2,2.• Wide range of grammages, from 50 to 100 g/m2. • Surface-sized (Pamo Art).• High opacity and good stiffness thanks to using

ground wood. • PEFC certified and available as FSC certified.

Main usage areas: - Books (publishing market). - Crosswords. - Painting books. - Cash reels. - Bus tickets. - Bingo cards.

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L-Print,wood-containing

offset paper range

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L-Print, Highlights

• Wide range of wood containing offset papers.• Reels and sheets.• Available in two surfaces: - soft-calandered (Heatset),

- machine-finished (Coldset). • Three different brightness 72, 76, 80 ISO.• Wide range of substances 45 – 80 g/m2.• Surface-sized (L-Print 80 Heatset). • Opacity is very good: also in the lowest substances.• PEFC certified. Also available as FSC certified.

Main usage areas: - Manuals.- Timetables.- Catalogues.- Advertising/newspaper supplements.- Telephone directories.

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Our service offer - promotion

• Pan-European campaigns & promotion. • www.arcticpaper.com - wide info. • Dummyshop (dummies & samples), web

based. best sample and dummy service on the market at www.arcticpaper.com/dummyshop.

• Product information and training. • Our general ICC profiles, a calibration tool,

that helps printers achieve results more quickly, using fewer test proofs.

• Guide to uncoated paper – detailed technical info regarding paper and printing available 24h at www.arcticpaper.com/guide.

• Technical assistance – with our Technical Customer Service at our mills you can count on advice and help when needed.

• Mill visits.• New swatchbooks.

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