Establishment of Supervisory Board of Arctic Paper S.A.

Regulatory News:

The Management Board of Arctic Paper SA ("Company”)(STO:ARP), supplementing the information published in the current report no. 23/2016 dated 14 September 2016, informs that the Supervisory Board of the Company, acting on the basis of art. 3 section 2 of the Bylaws of the Supervisory Board of Arctic Paper SA and in reference to the appointment of the new Members of the Supervisory Board during the Extraordinary Shareholders Meeting, on today’s meeting decided to appoint the following persons:

· Mr. Per Lundeen as the Chairman of the Supervisory Board; · Mr. Roger Mattsson as the Deputy Chairman of the Supervisory Board.

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This information is disclosed pursuant to the Nasdaq Stockholm's Rulebook for Issuers, Rule no. 3.3.9 and was submitted for publication on September 22, 2016 at 3 pm CET

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