Appointment of the Supervisory Board of Arctic Paper S.A. for the next term of office.

The Management Board of Arctic Paper S.A. („the Company”) informs that the
Extraordinary Shareholders Meeting on 21st December 2015 appointed Members of
the Supervisory Board for the next term of office in the following composition:

1. Mr. Rolf Olof Grundberg - Chairman of the Supervisory Board

2. Mr. Rune Ingvarsson,

3. Mr. Thomas Onstad,

4. Mr. Mariusz Cezary Grendowicz,

5. Mr. Dariusz Witkowski,

6. Mr. Roger Mattsson.

Attachment:

Biographical notes of the Members of the Supervisory Board
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 Regulation of the Minister of Finance
on current and periodic information submitted by issuers of securities and
conditions of recognizing information required by law of a non-EU state as
equivalent § 5 section 1 item 22, and was submitted for publication on 21
December 2015 at 5:00 pm CET, in reference to Arctic Paper’s current report no.
17/2015 filed with the Warsaw Stock Exchange