Arctic Paper S.A.

Shareholder structure

Shareholders	Number of shares	Share capital
Thomas Onstad	6.223.658	8,98%
Nemus Holding AB	40.381.449	58,28%*
Håfreströms Företagspark AB	600.000	0,87%
Other shareholders	22.082.676	31,87%
Total	69.287.783	100,00%

*hold indirectly by Thomas Onstad