– SWEDEN; Göteborg – The Management Board of Arctic Paper S.A. (STO:ARP) 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.

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