Contents of the draft resolutions of the ESM on September 14th 2016, including proposed amendments to the Company’s Articles of Association

The Management Board of Arctic Paper S.A. („Company”) submits the contents of
the draft resolutions, which will be subject to discussion of the Extraordinary
Shareholders Meeting dated September 14, 2016.

Concurrently with reference to the current report a list of proposed amendments
to the Company’s Articles of Association shall be forwarded.

Attachment:

 1. Draft resolutions of Extraordinary Shareholders Meeting of Arctic Paper S.A.
convened for September 14, 2016 – attachment no. 1
 2. Hitherto wording of joint stock company Arctic Paper Spółka Akcyjna Articles
of Association together with proposed amendments – attachment no. 2
For additional information, please contact:

Per Skoglund, acting President of the Management Board of Arctic Paper, tel.
+46 733 21 70 09

This information is disclosed pursuant to tMinister 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, §38, clause 1, item 2 and 3. and was
submitted for publication on 10th August 2016 at 5:15 pm CET, in reference to
Arctic Paper’s current report no. 18/2016 filed with the Warsaw Stock Exchange.