Appointment of the Member of the Management Board.

The Management Board of Arctic Paper S.A. herewith informs that on February 12,
2014 the Company’s Supervisory Board appointed Mr. Michał Sawka as a new Member
of the Management Board effective from February 12, 2014.

Mr. Michał Sawka graduated in 1989 from the Moscow State Institute of
International Relations (MGIMO). In 1990-1994 he worked in ZWCh Stilon as deputy
manager of the export office. In 1994, he began working in ZPJ Silwa the
position of the Proxy for sales and then a Member of the Management Board,
Director of Sales.

Michał Sawka has been working with Arctic Paper since 1996, in the beginning he
worked in the export office of Arctic Paper Kostrzyn S.A., then as Director of
Sales and Marketing. In 2002 he was appointed Overseas Manager at the Head
Office of the Group and since 2003 as the President of Management Board of
Arctic Paper Poland sp. z o.o.

Michał Sawka is not involved in any activities competitive towards Arctic Paper
S.A., is not a partner in any competitive company or undertaking, a member of
governing bodies of any capital company or any other legal entity in competition
with Arctic Paper S.A. Michał Sawka is not entered in the register of bad
debtors maintained pursuant to the act on the National Court Register.
For additional information, please contact:

Wolfgang Lübbert, President of the Management Board of Arctic Paper, tel.
+49 405 148 5310

This information is disclosed pursuant to the Minister of Finance directive of
February 19, 2009 on current and periodic information provided by issuers of
securities, and on conditions of equivalence of information required to be
provided under non-Member State law, §1, clause 1, item 3 and was submitted for
publication on 13 February 2014 at 9:00 am CET, in reference to Arctic Paper’s
current report no. 1/2014 filed with the Warsaw Stock Exchange.