Board Converting News, August 4, 2025

its ability to support both domestic and global packaging customers with advanced technology that delivers superi- or product quality and consistency. “Product from the new machine is now commercially available, delivering the same high standards of quality and performance our customers expect, while expanding our range of applications,” said Kirk Ross, VP of Manufac- turing. “With increased capacity and a focus on improved service, we’re able to meet growing demand with greater speed, consistency, and responsiveness.” Sappi North America began the PM2 conversion in 2022, following the successful rebuild of PM1 in 2018. These upgrades demonstrate Sappi’s commitment to modernizing its operations in ways that support both busi- ness growth and environmental responsibility. “This conversion represents a major step forward in our global packaging strategy,” said Steve Binnie, Chief Executive Officer of Sappi Limited. “It reflects our commit- ment to long-term growth and to broadening Sappi’s port- folio of packaging solutions our customers need.” With the completion of construction on Project Elevate, Sappi further solidifies its leadership in high-quality paper- board and reinforces its investment in U.S. manufacturing, innovation, and the future of sustainable packaging. Sappi North America, Inc., is a leader in converting wood fiber into superior products that are used world- wide. Sappi NA employs approximately 2,100 people in the United States and Canada.

AVERAGE CONTAINERBOARD PRICES The average prices reported are tabulated from prices PAID by various sources throughout the United States the week previous to issue. Prices in some areas of the country may be higher or lower than the tabulated average. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. REGION 42# Kraft liner 26# Semi-Chem. Medium $ 900.00-925. 00 $ 825. 00 -$850.00 U.S. Average CANADIAN LINERBOARD & MEDIUM The average prices reported are tabulated from prices PAID by various sources throughout Canada. Prices may be higher or lower in various areas of the country. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. Prices are Canadian $ and per metric ton. 42# Kraft Liner 26# Semi-Chem Medium East $970.00 $960.00 West $1,015.00 $995.00 REGION

Sappi NA (CONT’D FROM PAGE 1)

unwavering commitment to safety enabled us to complete a complex transformation, all while keeping the mill fully operational. This investment goes beyond machinery; it's about laying the foundation for long-term innovation, sus- tainable growth, and lasting impact." As production continues to ramp up, this strategic in- vestment is planned to deliver 520,000 short tons (ap- proximately 470,000 metric tons) of annual capacity and expands Sappi’s ability to produce a full range of high-per- formance SBS paperboard grades, including folding car- ton, food service board, and cups. This positions Sappi North America as a full-service SBS provider, enhancing

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August 4, 2025

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