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Investor Presentaiton

Recovery Operations A natural extension of our operations, delivering financial and strategic value. Largest source of recovered fiber contributing about 25% of total requirements annually Among Cascades' lowest landed cost sources with ability to raise value through quality Excellent source of market intelligence, active in all fiber streams including residential, industrial, commercial and institutional Prince George, BC R R Edmonton, AB Nanaimo, BC R Victoria, BC R R Vancouver, BC R Surrey, BC R Calgary, AB R Kelowna, BC R Winnipeg, MB Brantford R Putnam R Ottawa R R R Lachine R Scarborough Etobicoke R Rochester, NY 18 recovery facilities with national reach & capability 3 transfer stations providing full recovery services Over 1 million tons processed annually R Depew, NY 39
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