Current report number 13/2021

Dated: April 22nd 2021

Subject: Publication of interim 1Q 2021 report by subsidiary company

General legal basis:

Art. 17 sec. 1 of MAR - inside information

Content:

Management Board of Arctic Paper S.A.("Company", "Issuer") herewithannounces that on 22nd April 2021 the Management of the Company'ssubsidiary Rottneros AB ("Rottneros"), which is listed on NASDAQStockholm, has published the interim 1Q 2021 report with the followingparameters:

YTD 1Q 2021

MLN SEK

Revenues: 542

EBITDA: 40

Net result: 5

MLN PLN

Revenues: 244

EBITDA: 18

Net result: 2

EBITDA - Operating income before depreciation, amortization andimpairment charges.

Management Board of Arctic Paper S.A. indicates that above Company'ssubsidiary results will have a significant impact on Arctic PaperGroup's consolidated interim 1Q2021 results.

Specific legal basis:

Art. 17 sec. 1 of Regulation (EU) No. 596/2014 of the EuropeanParliament and of the Council of 16 April 2014 on market abuse (marketabuse regulation) and repealing Directive 2003/6/EC of the EuropeanParliament and of the Council and Commission Directives 2003/124/EC,2003/125/EC and 2004/72/EC.