Establishment of Supervisory Board of Arctic Paper S.A.

| Source: Arctic Paper AB Arctic Paper AB 

The Management Board of Arctic Paper SA (“Company”), supplementing the
information published in the current report no. 23/2016 dated 14 September 2016,
informs that the Supervisory Board of the Company, acting on the basis of art. 3
section 2 of the Bylaws of the Supervisory Board of Arctic Paper SA and in
reference to the appointment of the new Members of the Supervisory Board during
the Extraordinary Shareholders Meeting, on today’s meeting decided to appoint
the following persons:

  · Mr. Per Lundeen as the Chairman of the Supervisory Board;
  · Mr. Roger Mattsson as the Deputy Chairman of the Supervisory Board.
For additional information, please contact:

Per Lundeen, Chairman of the Supervisory Board of Arctic Paper, tel. +46 705 18
33 47

This information is disclosed pursuant to the Nasdaq Stockholm's Rulebook for
Issuers, Rule no. 3.3.9 and was submitted for publication on September 22, 2016
at 3 pm CET