Board Converting News, February 28, 2022

Cascades Announces Plan To Target Isothermal Packaging Market Kingsey Falls, Quebec, Canada based Cascades has an- nounced an expansion plan in the isothermal distribution market with the commissioning of a new production site in Tacoma, WA, and with the launch of new products under its northbox® brand of insulated boxes for fresh foods. The new Cascades Enviropac–Tacoma production site marks the start of this expansion in the U.S. with a first start-up in the America West. It includes a new automat- ed line for manufacturing isothermal packaging under the northbox brand. Its state-of-the-art automation systems make operations more labor efficient. This new site will allow Cascades to increase its production capacity and expand its geographic coverage in the growing isother- mal distribution market for ready-to-eat and ready-to-cook

meals delivered at home, as well as fresh fish and seafood. While its infrastructure was originally located in eastern North American, Cascades is opening up opportunities in the West to meet the needs of its customers in the sector. Cascades is also expanding its line of eco-designed north-

box® OCEAN products. This alternative to non-recycled packaging in the fishing indus- try contains a minimum of 65 percent recy- cled fibre and is recyclable. The proprietary and patented sealing technology is perfect for maintaining freshness while transporting fresh seafood. The new design of northbox OCEAN is adapted to the assembly lines of fish farmers in order to increase their oper- ational efficiency. Experts at Cascades have also developed an innovative automated as- sembly system that minimizes costs for the client. “We are pleased to offer the fishing in- dustry an effective alternative to standard polystyrene packaging. This solution fits perfectly into our sustainable and recyclable packaging offering,” said Luc Langevin, Pres- ident and Chief Operating Officer, Cascades Specialty Products Group. “Our investment in Tacoma also confirms our desire to work close to our customers and stay connect- ed to their needs, to remain their partner of choice.” Founded in 1964, Cascades offers sus- tainable, innovative and value-added solu- tions for packaging, hygiene and recovery needs. The company employs approximately 10,000 women and men who work in almost 80 facilities in North America. Cascades’ mis- sion is to improve the well-being of people, communities and the planet by providing sustainable and innovative solutions that create value. The company develops the hid- den potential of the resources that surround us to offer its customers packaging, hygiene and recovery solutions. Visit www.cascades. com/en/products-services/packaging/pro- tective-packaging/insulated-boxes .

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February 28, 2022

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