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Arctic Paper S.A.

Declaration of Voting Results & Voting Rights Announcements • Jun 22, 2021

5506_rns_2021-06-22_6c9f17de-6b8a-4d11-a054-ad9c3373cfc0.html

Declaration of Voting Results & Voting Rights Announcements

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Current report no 23/2021

Dated: 22nd June 2021

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 ("OSM") from22 June 2021.ShareholderNEMUS HOLDING ABNumber ofvotes registered at OSM40 366 449Number of votes from sharesregistered at OSM40 366 449

Share in number of votes at OSM99,56%Share in total numberof votes in the Company58,26%Legal basis for publishing ofthe report:

Article 70 section 3 of Public Offering Act