ANNOUNCEMENT OF PUBLIC OFFERING OF SHARES OF NORDIC FIBREBOARD AS

Nordic Fibreboard AS (registry code: 11421437, address: Rääma tn 31, Pärnu, 80044 Estonia; the Company) hereby announces the additional public offering of its shares. Only existing shareholders of the Company are entitled to participate in the offering, who will be granted pre-emptive subscription rights in proportion to the number of shares held by them. The offering is based on an information document prepared by the Company, which is available on the Company's website: https://www.nordicfibreboard.com/investor/stock-information/. The information document has been prepared in accordance with Article 1(4)(db) of Regulation (EU) 2017/1129 of the European Parliament and of the Council (the "Prospectus Regulation"), including the information set out in Annex IX to the Prospectus Regulation. Accordingly, no prospectus for the public offering will be prepared or published. The shares are publicly offered only in Estonia and not in any other jurisdiction.