Stora Enso Oyj Class A · OMXHEX:STEAV

Stora Enso Oyj Class A — Investor Day (May 2015)

14 slides from Stora Enso Oyj Class A's investor day presentation, May 28, 2015

  1. Slide 1: Stora Enso Guangxi Project

    Stora Enso Guangxi Project Rajah Jayendran, SVP, MD Stora Enso Integrated Project & Operations London, 28 May 2015 The renewable materials company

  2. Slide 2: Disclaimer

    Disclaimer It should be noted that certain statements herein which are not Group’s targeted customers, success of the existing and future historical facts, including, without limitation those regarding collaboration arrangements, changes in business strategy or expectations for market growth and dev

  3. Slide 3: Stora Enso Guangxi Milestones

    Stora Enso Guangxi Milestones Received the approval from MOFCOM and NDRC Establishing plantations in Guangxi Office relocation to Tie Shan State land use and construction permits Gang was completed Announced decision to Decision to split the build a world-class project to phases 1 IFC becomes owner

  4. Slide 4: Rajah Jayendran

    Rajah Jayendran • SVP, Managing Director Stora Enso Guangxi Integrated Project and Operations • Based in Asia since 2000 • Background – SVP, Head of Commercialization Asia Pacific, Linde Group, Singapore Leading all investments and business expansions in APAC – SVP, Head of Strategic Projects Lonza

  5. Slide 5: Guangxi Project: Phase I & II

    Guangxi Project: Phase I & II Guangxi overview • Area: 236,700 km2 • Population: 46.8 mil Pulp line • Capital: Nanning Effluent Plant Power Plant China Board Mill Myanmar Woodyard Laos Vietnam Water treatment Main Office The renewable materials company

  6. Slide 6: Guangxi project - two phases

    Guangxi project- two phases Phase I Phase II Forestry Pulp Board Liquid Packaging Plantation area Bleached Chemi- Board(LPB) Thermo Mechanical Pulp (BCTMP) Internal use (production for pulp) Bleached Hardwood Internal use Folding Box Board Harvested volume (FBB) Kraft Pulp (BHKP) of BHKP Pulp raw ma

  7. Slide 7: Guangxi project first phase investment

    Guangxi project first phase investment Historical and planned Capital Expenditures, 2014-16 Total investments MEUR including plantations 450 450 390 390 for the first phase 400 400 350 350 300 300 • EUR 800 million 250 250 230 230 Capex approved to 180 180 date 200 200 150 150 100 100 50 50 0 2014 2

  8. Slide 8: Mill construction underway with operations ramp-up in mid-2016

    Mill construction underway with operations ramp-up in mid-2016 Achieving • Construction began November 2014 operational • Board Mill to be fully operational in mid-2016 and to milestones gradually ramp up to full capacity (450k t/a) in 18 months Leveraging • Extensive mentorship and knowledge sharin

  9. Slide 9: Overall Progress

    Overall Progress • Overall progress at 30% completion as of May 22 • Construction progress on track at 25% completion • Procurement progress 95% completion • On track to meet mid-2016 operational start-up timeline • 4.0 million working-hours free of incidents on site The renewable materials company

  10. Slide 10: Mill construction progress

    Mill construction progress Board Machine Plant Roof structure Effluent treatment plant Power generation boiler The renewable materials company The renewable materials company

  11. Slide 11: Forestry operations covering four territories

    Forestry operations covering four territories In Guangxi province – 1/3 social land, 2/3 state land China Myanmar Laos Vietnam Yulin Region Plantation areas Euca area: 17,000 ha Nanning Region Standing volume: Euca area: 18,000 ha Total Leased 2,218,000 m3 Standing volume: Guangxi by SE 2,950,000 m3

  12. Slide 12: Mitigating actions

    Mitigating actions – contract correction and conflicted land Potential risks Mitigating actions Social land contracting • Land use contracts • Conduct contract negotiations to: require correction – Update legacy agreements • Complex property – Reconcile conflicting document, disputes and conflicting

  13. Slide 13: The Guangxi Consumer Board Mill will be operational mid-2016

    The Guangxi Consumer Board Mill will be operational mid-2016 The renewable materials company

  14. Slide 14: World of packaging

    World of packaging finest MOR A CHARDOR (Cibola MANOLO BLAHNIK ae be a r SIEMENS VW, == == 2 2 Aol Ny —a REMY MARTIN .— im fyi PHILIPS ‘ua rT WY Huawel resco SONY tants s < Eveuy Little balps aoe PRADA PES PG > BE Microsoft TIFFANY & CO.

Stora Enso — Investor Day (May 2015) on 6ix