Investor Presentaiton

Containerboard - Well-Positioned for Growth ✓ Consumer demand driving shift to responsible packaging ✓ Brand owners seeking solutions with greater recycled content ✓ Greater usage of Lightweight containerboard Distribution/E-com Produce Food Processing Consumer (CPG) Others 2% Produce 4% CPG 7% Cascades Distribution/ E-com 20% Food processing* 48% Industrial 19% Source: Cascades full year 2021 - sales segmentation in MSF * Includes beverage market (In MSF) Others 6% Produce 7% Industrial Food processing 37% Industry CPG 16% Industrial 8% Distribution 26% Sources: Economic Trends and Outlook for Corrugated Products, Richard Storat and FBA August 2021 FBA, NA corrugated Industry Bulletin - Dec. 2020 16

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