Nordic Paper enters into new financing agreement after change of controlling owner

Nordic Paper has entered into a new financing agreement as change-of-control provisions of the previous financing agreement were triggered when Strategic Value Partners, LLC, through Coniferous Bidco AB, reached a controlling shareholding in Nordic Paper in December 2024.

The new credit facilities include a SEK1.4 bn term loan and an EUR 65 m revolving credit facility. There is no material impact on the Nordic Paper net result or leverage as a result of entering into the new agreement. Similar to the previous financing agreement, the duration of the new agreement runs into 2026.

For further information, please contact:

Henrik Essén, Director of Sustainability and Communication

Phone: +46 730 573801

E-mail: henrik.essen@nordic-paper.com

Nordic Paper is a leading specialty paper producer with its base in Scandinavia. We have been manufacturing top-quality kraft papers and natural greaseproof papers since the 19th century. Our products are based on renewable raw material from local forests. From our five paper mills, four in Scandinavia and one in Canada, we supply customers in 85 countries. Nordic Paper had in 2023 net sales of SEK 4,472m, about 680 employees and is listed on Nasdaq Stockholm. www.nordic-paper.com