Veritiv : Announces New Location for Greater Cincinnati Operations

Company's U.S. Operational Support Group to be Based in Fairfield, Ohio

FAIRFIELD, OHIO (January 26, 2016) - Veritiv Corporation (NYSE: VRTV), a leading North American distribution solutions company, with corporate headquarters in Atlanta, has selected Gilmore Pointe in Fairfield, Ohio, as the new home for the company's operational support group. The estimated 72,000 square feet space will host approximately 400 of Veritiv's customer service, credit, IT, and finance professionals who are currently located in the Loveland, Ohio area.

'As we have asserted since the formation of our company, Veritiv is committed to Greater Cincinnati for the future. For many years, we have found the area an ideal market for exceptional talent to support our company's operations and our customers. This move reaffirms our long-term commitment to the area, and we look forward to contributing to the local economy and community in Fairfield and Greater Cincinnati,' said Mary Laschinger, Chairman of the Board and Chief Executive Officer of Veritiv.

The Greater Cincinnati area is home to approximately 520 Veritiv employees, including a large distribution center in Northern Kentucky. In total, the company employs more than 600 people in the State of Ohio.

Veritiv's new Fairfield office building, owned by Cincinnati Financial Corporation, is located at the Gilmore Road and I-275 interchange. There are several shopping centers, restaurants, and a major hospital located nearby. The company will commence work to build out the space immediately and is currently scheduled to begin moving employees into the facility in early fall 2016.

'We are very excited to welcome Veritiv to Fairfield! It is a great addition to the Fairfield business community. We're pleased that the company is maintaining a major presence in the region,' said Steve Miller, Mayor of the City of Fairfield, Ohio.

'We are always happy to see one of our local companies make a long-term commitment in our region,' said Kimm Coyner, managing director, project management & JobsOhio for REDI Cincinnati. 'Greater Cincinnati has the right mix of skilled employees to help a company like Veritiv truly thrive.'

Veritiv executives partnered with the City of Fairfield and the Regional Economic Development Initiative (REDI) Cincinnati to secure the new location. The Fairfield property met many of the company's requirements including proximity for current employees, opportunity for potential future growth, and access to the Cincinnati/Northern Kentucky International Airport.

About Veritiv
Veritiv Corporation (NYSE: VRTV), with executive offices in Atlanta, and significant operations in the Greater Cincinnati, Ohio area, is a North American leader in business-to-business distribution solutions. Serving customers across virtually every industry, Veritiv provides print, publishing, packaging, facility and logistics solutions that help shape the success of its customers. Established in 2014, following the merger of International Paper Company's xpedx division and Unisource Worldwide, the Company employs approximately 8,900 team members across about 180 distribution centers throughout the U.S., Mexico and Canada. For more information about Veritiv and its business segments visit www.veritivcorp.com.

Veritiv Contact:
Kevin Feeney, 770-391-8286