Current report no. 16/2024

Dated: 21st of August 2024

Subject: Information about transactions on shares concluded by a persondischarging managerial responsibilities

General legal basis:

Art. 19 sec. 3 of MAR - information about transactions concluded bypersons discharging managerial responsibilities

Content:

Management Board of Arctic Paper S.A.("Company", "Issuer") herebyinforms that on 21st of August 2024, the Company has received anotifications from Mr. Thomas Onstad - Member of the Supervisory Boardof the Company and a person closely related to him - Nemus Holding AB,pursuant to Article 19(1) of the MAR Regulation, on transactionsconcluded on 19th and 20th of August 2024 on Company's shares.

The content of the notifications is provided by the Company in theattachment.

Specific legal basis:

Art. 19 sec. 3 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.