Arctic Paper S.A.

Pre-Annual General Meeting Information • May 8, 2024

Report Content Current report no 10/2024

Date: 8th May 2024

Subject: Change of the agenda and supplementation of draft resolutionsof the Ordinary General Meeting convened for May 29, 2024

General legal basis:

Offering Act, article 56, clause 1, item 2 - current and periodicinformation

Management Board of Arctic Paper S.A. (_quot;Company_quot;, _quot;Issuer_quot;), withreference to current report No. 7/2024 and No. 8/2024 of April 29, 2024,informs about the change in the agenda of the Ordinary General Meetingconvened for May 29, 2024.

The change in the agenda was made at the request of the Shareholder -Nemus AB, holding 59.15% of the share capital of the Company.

The change consists in adding the following item to the adopted agendaof the Ordinary General Meeting:

"Adoption of a resolution on the remuneration of members of theSupervisory Board."

The Issuer presents the amended agenda as below:

1. Opening the meeting and electing the Chairman of the OrdinaryShareholders Meeting;

2. Confirming that the Shareholders Meeting was convened correctly andis able to adopt resolutions;

3. Adopting the agenda;

4. Adopting a resolution on non-appointment of a Returning Committee ofthe Shareholders Meeting;

5. Adopting a resolution on the consideration and approval of theManagement Board's report on the operations of the Company for thefinancial year 2023;

6. Adopting a resolution on the consideration and approval of theCompany's financial statement for the financial year 2023;

7. Adoption of resolutions on consideration and approval of:

a) the Management Board's report on the operations of the Arctic PaperS.A. Capital Group for the financial year 2023;

b) consolidated financial statement of the Arctic Paper S.A. CapitalGroup along with non-financial information of the Arctic Paper S.A.Capital Group for the financial year 2023.

8. Introduction of the Supervisory Board's assessment of the Company'sfinancial statement and the consolidated financial statement of theArctic Paper S.A. Capital Group and the Management Board's report on theCompany's operations and the Management Board's report on the operationsof the Arctic Paper S.A. Capital Group. for the financial year 2023;

9. Consideration and approval of the report on the activities of theSupervisory Board of the Company for the financial year 2023;

10. Adopting a resolution on the distribution of the Company's netprofit for the financial year 2023;

11. Adoption of resolutions on the acknowledgment of performance ofduties by the Management Board Members in the financial year 2023;

12. Adoption of resolutions on the acknowledgment of performance ofduties by the Supervisory Board Members in the financial year 2023;

13. Introduction to the content of the Remuneration Report of Members ofthe Management Board and Supervisory Board of Arctic Paper S.A. for theyear 2022 together with the Independent Auditor's Report on theperformance of the remuneration report evaluation service;

14. Adoption of a resolution on issuing an opinion on the RemunerationReport of Members of the Management Board and Supervisory Board ofArctic Paper S.A. for the year 2023;

15. Adoption of a resolution on appointment of Company's SupervisoryBoard for next term of office;

16. Adoption of a resolution on the remuneration of members of theSupervisory Board;

17. Closing the meeting.

The Issuer attaches to this report:

- a draft of the resolution submitted by Shareholder to the item on theextended agenda;

- amended content of the announcement convening the OrdinaryShareholders Meeting;

- completed draft resolutions for the Ordinary Shareholders Meeting ofArctic Paper S.A. convened for May 29, 2024

The Issuer will immediately post the amended agenda together with thenew draft resolution on its website.

§19 section 1 point 3 of the Minister of Finance Regulation of 29 March2018 on current and periodic information provided by the securitiesissuers and conditions on which information required under lawapplicable in a state not being a member state may be recognised asequivalent.