Current report number 18/2019

Dated: 21st August 2019

Subject: Contents of the draft resolutions of the ExtraordinaryShareholders Meeting dated September 18, 2019.

General legal basis:

Offering Act, article 56 clause 1 item 2 - current and periodicinformation

Contents:

The Management Board of Arctic Paper S.A. ("Company") submits thecontent of the draft resolutions, which will be subject to discussion ofthe Extraordinary Shareholders Meeting dated September 18, 2019.

Legal basis for publication:

Minister of Finance directive of March 29, 2018 on current and periodicinformation provided by issuers of securities, and on conditions ofequivalence of information required to be provided under non-MemberState law, §19, clause 1, item 2.