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Arctic Paper S.A.

Declaration of Voting Results & Voting Rights Announcements • Jun 2, 2016

5506_rns_2016-06-02_9d9c232d-6a65-4efc-911a-bad958798b9e.html

Declaration of Voting Results & Voting Rights Announcements

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Current report no 13/2016

Dated: 02.06.2016

Subject: Shareholders holding no less than 5% of number of votes at theOrdinary Shareholders Meeting of Arctic Paper S.A.

General legal basis:

Article 70 section 3 of Public Offering Act

Contents:

The Management Board of Arctic Paper S.A. ("the Company") makes publicthe information regarding the list of shareholders holding no less than5% of number of votes at the Ordinary Shareholders Meeting ("ESM") from2 June 2016.

Shareholder NEMUS HOLDING ABNumber of votes registered at OSM 39 736000Number of votes from shares registered at OSM 39 736 000Sharein number of votes at OSM 96,30 %Share in total number of votes atOSM 57,35%

Legal basis for publishing of the report:

Article 70 section 3 of Public Offering Act