Appointing of Members of the Supervisory Board of Arctic Paper S.A.

The Management Board of Arctic Paper S.A. („the Company”) informs that the
Extraordinary Shareholders Meeting on 24th October 2013 appointed Mr. Kjell
Olsson and Mr. Dariusz Witkowski as Members of the Supervisory Board.

According to the Management Board judgement, the business activity of Mr. Kjell
Olsson and Mr. Dariusz Witkowski is not of a competitive nature towards Arctic
Paper S.A. According to the Management Board knowledge Mr. Kjell Olsson and Mr.
Dariusz Witkowski are not shareholders or partners in civil law association or
partnership that conducts business activity competitive towards Arctic Paper
S.A., are not members of any body of company/corporation nor any other legal
person, competitive towards Arctic Paper S.A.

Mr. Kjell Olsson and Mr. Dariusz Witkowski are not registered in the Register of
Insolvent Debtors held on the basis of National Court Register Act.

Information about the education, qualifications and positions held, as well as
the course of the professional career of the new Members of the Supervisory
Board, the Company submits below.

Mr. Kjell Olsson

Mr. Kjell Olsson (born 1946) has got higher education, he is a Master of
Business Administration graduate.

Mr. Olsson had worked for 23 years in Atlas Copco and then he joined Nemus
Holding AB Group in which he has been working until now. In his professional
career in Nemus Group he held the positions of Chief Financial Officer of the
Group and Chief Executing Officer.

Currently, Mr. Olsson holds the position of a Board Member in a few companies of
Nemus Group and Rottneros Group.

Mr. Dariusz Witkowski

Mr. Dariusz Witkowski (born 1966) has got higher education, he graduated from
the Warsaw School of Economics and National School of Public Administration.

Mr. Witkowski took part in many management and securities exchange trainings, he
is an MBA graduate, he is also a lecturer at conferences concerning capital
markets.

During his professional career, Mr. Witkowski held many managerial positions in
companies such as PKN Orlen SA (Member of Management Board), UniCredit CA IB
Poland SA (Member of Management Board, CFO/COO), Karen SA (CEO) and
Confederation of Polish Employers. He also held a position of Undersecretary of
State in the Ministry of Treasury.

Mr. Dariusz Witkowski is currenty the CEO in the Zakłady Tytoniowe Lublin SA
(factory of tobacco products) and also the General Director in the Polish
Association of Listed Companies (SEG).
For additional information, please contact:

Olle Grundberg, chairman of the Supervisory Board of Arctic Paper, tel. +46 70
654 44 20

This information is disclosed pursuant to Regulation of the Minister of Finance
on current and periodic information submitted by issuers of securities and
conditions of recognizing information required by law of a non-EU state as
equivalent § 5 section 1 item 22 and was submitted for publication on 24 October
2013 at 5:00 pm CET, in reference to Arctic Paper’s current report no. 39/2013
filed with the Warsaw Stock Exchange.