Mercer International : 2025 05 30 - AGM

Published: 2025-05-30 12:33:06 ET MERC

Published on 05/30/2025 at 12:33

William McCartney, Chairman

Juan Carlos Bueno, President and CEO

May 30, 2025

2025 AGM

Agenda

Welcome: William McCartney, Chairman

Presentation: Ju an Carlos Bueno, President and CEO

Bu sin ess portio n of the An nual General Meetin g: Willia m McCartney

Proposal 1: Ele ction of Directors

Proposal 2: Non-b in d in g Ad vis ory Vo te on Exe cutive Com pensatio n

Proposal 3: Ra tifica tio n of Se le ctio n of In dependent Re gis te red Pub lic Acco unting Firm

Close of the business portion of the 2025 An nual General Meeting General Questions

Disciplined Execution

Strategic Focus

Sustainable Impact

Portfolio Optimization

Strengthened operational reliability and cost discipline

Reduced CAPEX and working capital to increase free cash flow and reduce leverage

Reducing commodity exposure through targeted portfolio decisions

Expanding higher -value offerings through renewable innovation

Pulp, timber, and bioproducts replace fossil -based and carbon -heavy materials

Supporting circular, low -carbon transitions in global markets

Reviewing assets and CAPEX to sharpen returns and reduce risk

Launching $100M cost -cutting initiative to drive margin resilience and competitiveness

Strong pulp pricing offset lumber softness; key mass timber and legacy milestones show strategic progress

➤ Resilient Pulp Pricing

NBSK prices rose due to tighter global supply

Lumber markets remained weak on high interest rates

➤ Execution at Scale

Delivered Walmart HQ -the largest U.S. mass timber campus

2.4M sq ft, completed on time and on budget

➤ Mass Timber Performance

Revenue and margins improved despite construction slowdown

Order book includes both marquee and mid -sized projects reinforcing long -term growth potential

➤ Strategic Market Position

~30% of North America's installed CLT capacity

Well-positioned for low -carbon construction demand

➤ Operational Legacy

20 years at Stendal, 30 years at Rosenthal

Disclaimer

Mercer International Inc. published this content on May 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 30, 2025 at 16:32 UTC.