Arctic Paper S A : no 1/2020 Dates of periodic reports publication in 2020

Current report number 1/2020

Dated: January 10th 2020

Subject: Dates of periodic reports publication in 2020

General legal basis:

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

Contents:

Management board of Arctic Paper S.A. herewith announces dates of publication of periodic reports in

2020 :

2019 annual report	26.03.2020
Consolidated 2019 annual report	26.03.2020
1Q2020 consolidated quarterly report	14.05.2020
2020 semi-annual consolidated report	19.08.2020
3Q2020 consolidated quarterly report	16.11.2020

By this statement the Management Board of Arctic Paper S.A. confirms that the Company will be submitting consolidated quarterly reports containing quarterly financial data as required under §62 section 1 of the Minister of Finance Regulation of 29 March 2018 on current and periodic information provided by the securities issuers and conditions on which information required under law applicable in a state not being a member state may be recognised as equivalent (Journal of Laws from 2018, item

1. ("Minister of Finance Regulation"). The Company will not publish the separate individual semi- annual report in accordance with § 62 section 3 of the Regulation.

The Company further confirms that, pursuant to §79 section 2 of the above Regulation, it will not be publishing consolidated quarterly report for the 4-th quarter 2019 and consolidated quarterly report for the 2-nd quarter of 2020.

Specific legal basis:

§62 section 1 section 1 and §80 section 1 of the Minister of Finance Regulation of 29 March 2018 on current and periodic information provided by the securities issuers and conditions on which information required under law applicable in a state not being a member state may be recognised as equivalent (Journal of Laws from 2018, item 757).