The Board

According to Nordic Paper’s articles of association, the board of directors shall comprise of not less than three and not more than ten members elected by the shareholders at the general meeting. In addition and by law, employee organisations are by the Act on board representation for private employees entitled to appoint employee representatives. Nordic Paper’s board of directors currently consists of six ordinary members elected by the general meeting on 23 May 2024, including the chairman of the board, as well as two ordinary members and two deputy members appointed by employee organisations.

Per Bjurbom

Chairman of the board since 2019

Born: 1961

Education: Master of Science in Mechanical Engineering, Paper Technology at Royal Institute of Technology in Stockholm.

Background: Various positions in senior management within the paper industry covering responsibilities such as production management, supply chain, M&A execution and sales and marketing in for example Holmen, Stora Enso and BillerudKorsnas. From 2014 to 2019, he was CEO of Nordic Paper and until 2023 Chairman of the Board and CEO of SUTRIV Holding AB.

Other current assignments: Board member of Bjurbom Advisory AB

Independent in relation to the Company /Major shareholders: Yes/No

Shareholding: -

Ying Che

Board member since 2019. Member of the remuneration committee.

Born: 1983

Education: Master of Science in Management and Operations Research Warwick Business School (WBS), University of Warwick, United Kingdom.

Background: Various roles at Shanying International since 2014, including a Vice President position at Cyclelink International from 2015 to 2016. Cyclelink is engaged in waste paper handling in Europe, USA and Asia. Before joining SUTRIV Holding AB in 2018, position of Public Relations Director and President Assistant at Shanying International.

Other current assignments: Chairman of the Board of SUTRIV Holding AB. Managing Director of Creative Space Holdings Ltd, UK.

Independent in relation to the Company /Major shareholders: Yes/No

Shareholding: -

Karin Eliasson

Board member since 2020. Chairman of the remuneration committee.

Born: 1961

Education: Bachelor of Science, Mid Sweden University.

Background: Executive management position, previously SVP Human Resources and Sustainability at Svenska Cellulosa Aktiebolaget from 2003 to 2007, and a similar role from 2008 to 2014 at TeliaSonera. Executive Vice President Human Resources & Sustainability at Autoliv Inc. from 2014 to 2019.

Other current assignments: Chairman of the board of Alfa Scandinavia AB, board member of Restaurang Assistans i Skandinavien AB and nomination committee assignments for Handelsbanken Fonder.

Independent in relation to the Company /Major shareholders: Yes/Yes

Shareholding: -

Stefan Lundin

Board member since 2019. Member of the audit committee.

Born: 1957

Education: Bachelor of Science in Business Administration and Economics, Örebro University.

Background: Experience from a number of positions in finance and senior management in industrial companies. From 2002 to 2014, as Chief Financial Officer at Setra, one of the largest sawmill industries in Sweden. From 2016 to 2018 position of Chief Financial Officer of Nordic Paper. Board member and CFO of SUTRIV Holding AB until 2020.

Other current assignments: Chairman of the board of Novum Assistans AB

Independent in relation to the Company /Major shareholders: Yes/Yes

Shareholding: 3,500

Helene Willberg

Board member since 2020. Chairman of the audit committee.

Born: 1967

Education: Master of Science in Accounting and Finance, Stockholm School of Economics.

Background: Authorized public accountant,several senior positions of KPMG AB for more than 20 years among others as CEO from 2008 to 2012. From 2017 to 2020 Country Leader at the business consulting firm Alvarez and Marsal Nordics.

Other current assignments: Chairman of the Board of AX VII Holding AB, Board member of Infrea AB, Profoto Holding AB, Thule Group AB, Enzymatica AB and Indecap Holding AB.

Independent in relation to the Company /Major shareholders: Yes/Yes

Shareholding: 20,913

Thomas Körmendi

Board member since 2023.

Born: 1963

Education: Master of Science in Economics from Copenhagen Business School.

Background: CEO of Kezzler, Group CEO of the telecomservice company Relacom. Various positions within the Tetra Pak group

Other current assignments: President and CEO of Elopak

Independent in relation to the Company /Major shareholders: Yes/Yes

Shareholding: -

Per Gustafsson

Board member since 2013. Representative of Pappers Bäckhammar.

Born: 1959

Other current assignments: -

Shareholding: 1

Tom Rød

Board member since 2022. Representative of GAF Greåker.

Born: 1966

Other current assignments: -

Shareholding: -

Nicklas Backelin

Deputy board member since 2013. Representative of Unionen Åmotfors.

Born: 1974

Other current assignments: Deputy member of the board of Eda Bostads Aktiebolag.

Shareholding: -

Lotta Kullander

Deputy board member since 2022. Representative of Unionen Säffle.

Born: 1959

Other current assignments: -

Shareholding: -