Changes in the Management Board of Arctic Paper SA


The Management Board of Arctic Paper S.A. (“the Company”) herewith informs that
on 27th April 2016 The Supervisory Board has relieved Mr. Wolfgang Lübbert, the
President of the Management Board and Chief Executive Officer (“CEO”) from his
duties and appointed him as Member of the Management Board.

The Supervisory Board has also adopted a resolution on entrusting the function
of acting President of the Management Board and CEO to Mr. Per Skoglund, Member
of the Management Board.
For additional information, please contact:

Roger Mattsson, Member of the Supervisory Board of Arctic Paper, tel. +46 76 175
7741

This information is disclosed pursuant to Minister of Finance directive of
February 19, 2009 on current and periodic information provided by issuers of
securities, and on conditions of equivalence of information required to be
provided under non-Member State law, §5, clause 1, item 21., and was submitted
for publication on 28 April 2016 at 8:00 am CET, in reference to Arctic Paper’s
current report no. 6/2016 filed with the Warsaw Stock Exchange.