Investor Presentaiton slide image

Investor Presentaiton

2022 - 2024 Strategic Plan: Business Objectives CONTAINERBOARD Be the go-to solution for businesses Complete Bear Island start-up Increase integration with new converting capacity in the U.S. Achieve 2024 revenue of ~ $2.9 B Generate 2024 OIBD¹ margin of ~19% -21% Invest $325 M in CAPEX in 2022 (including $275 M for Bear Island) SPECIALTY PRODUCTS Be the leader in sustainable packaging Increase pace of new sustainable product development and commercial launches Continue to develop and grow our share of targeted markets Achieve 2024 revenue of ~ $700 M Generate 2024 OIBD1 margin of ~ 17% -19% Invest ~$40 M in 2022 in state-of- the-art technology & automation to support sales growth TISSUE PAPERS The path forward to improved profitability Leverage well invested asset base and limit CAPEX to $35 M annually through 2024 Focus on production execution and efficiency, particularly in our U.S. operations Strengthen commercial strategies to drive value Achieve 2024 revenue of ~ $1.7 B and OIBD1 margin of ~9% - 10% Enhance business expertise and market intelligence to drive performance (1) Please click here for supplemental information on non-IFRS measures and other financial measures. 36
View entire presentation