Investor Presentaiton

Production Capacity Plan Beijing China Pinggu Liaoning China Anshan Shandong China Jinan Vinda Tissue annual designed capacity 1.25 M tons (2019) + approx.10% (2020-2021) Sichuan China Deyang Hubei China Xiaogan Guangdong China Jiangmen (Xinhui, Shuangshui, Sanjiang) Guangdong China Yangjiang Zhejiang China Quzhou (Longyou) Taiwan China Kaohsiung +30,000 tons in 19Q2 in Hubei & +30,000 tons in 19Q3 in Hubei -30,000 tons (discontinued operation of an old and high-energy consuming machinery) in 19Q2 in Xinhui In the future CAPEX focus on premium tissue capacity Personal Care facility SEA Hub in Malaysia focus on cost reduction and capacity expansion Malaysia No.1 factory No.2 factory 14 14

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