Svenska Cellulosa AB — M&A Activity 2022

Oct 28, 2022

Press release

Sundsvall, October 28, 2022

SCA and Holmen to conduct feasibility study for new sawmill

SCA and Holmen have today agreed to conduct a feasibility study regarding a potential new jointly owned sawmill in Rundvik, Nordmaling municipality in Västerbotten. A new sawmill in Norrland with high production capacity would increase the value of forest assets in the long term.

The feasibility study, which only includes production cooperation at the sawmill in Rundvik will begin immediately and is expected to be completed in the spring of 2023.

For further information, please contact

Anders Edholm, Svp Sustainability and Communiations, +46 (0)60 19 32 12

The core of SCA's business is the growing forest, Europe's largest private forest holding. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others' forests. We offer packaging paper, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. 2021 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 18.8 bn. SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. For more information, visit www.sca.com

Svenska Cellulosa Aktiebolaget SCA Skepparplatsen 1 SE-851 88 Sundsvall Tel: +46 60 19 30 00

www.sca.com