About Tissus KP Inc.
KPT was established to acquire, and its activity is limited to holding, a limited interest in KPI, which is accounted for as an equity method investment. KPT currently holds a 12.56% stake in KPI. For more information, visit www.kptissueinc.com.

About Kruger Products Inc.
KPI is Canada’s leading manufacturer of quality paper products for household, industrial and commercial use. KPI serves the Canadian consumer market with well-known brands such as Cashmere®, Purex®, SpongeTowels®, Scotties®, White Swan® and Bonterra®. In the United States, KPI manufactures the White Cloud® brand, as well as many private label products. The Away-From-Home division manufactures and distributes cost-effective, high-quality product solutions to a wide range of commercial and public entities. KPI has approximately 2,800 employees and operates ten FSC® COC (FSC® C-104904) certified production facilities in North America. For more information, visit http://www.krugerproducts.ca.

Forward-looking information
Certain information contained herein is forward-looking within the meaning of applicable Canadian securities laws. This information is generally identified by words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “plan”, “intend”, “forecast”, ” future”, “guidance”, “may”, “predict”, “project”, “should”, “strategy”, “target”, “will” or similar expressions suggesting future results. The forward-looking information contained in this press release releases include the expected closing date of the offering, the use of the net proceeds of the offering, the delivery of notice of redemption of the 2025 Notes and the expected redemption date KPT believes that the expectations reflected in these. forward-looking information is reasonable, but no assurance can be given that such expectations will prove to be correct, and undue reliance should not be placed on such information.

Forward-looking information is not a guarantee of future performance. By its very nature, forward-looking information involves inherent assumptions, risks and uncertainties, both general and specific, as well as risks that the predictions, forecasts, projections and other forward-looking information will not be realized. These risks include, without limitation, risks associated with the ability to satisfy the closing conditions of the Offering. If one or more of these risks and uncertainties materialize, or if the assumptions described above prove incorrect, KPT’s actual performance and results in future periods could differ materially from the expressed projections of future performance or results. or implied by such forward-looking information. We caution readers not to place undue reliance on this information, as a number of important factors could cause actual results to differ materially from beliefs, plans, objectives, expectations, estimates and intentions. expressed in this forward-looking information.

The forward-looking information contained in this press release is provided for the purpose of providing information about management’s objectives, plans and range of expectations for the future and may not be appropriate for other purposes. Any forward-looking information is presented as of the date hereof and, except as required by law, KPT undertakes no obligation to publicly update or revise such information to reflect new, subsequent or other information.