Nordland PM2 in Germany converted Decision on building a new pulp mill to glassine paper production in Paso de los Toros, Uruguay The family tree of 2019 UPM Raflatac acquires Southwest Label Stock Distribution Company in Irwin, TX in USA UPM-Kymmene Corporation 2018

The tree describes the main developments in the company structure. Schwedt newsprint mill Hydropower facilities in Austria, The year stated below the company or unit name marks the foundation in Germany 2017 Germany and the USA

or the beginning of production. Madison Paper Industries Green leaves are part of the current UPM-Kymmene Corporation. 2016 in the USA Grey leaves are units sold or no longer in operation. Lappeenranta Biorefinery Changshu PM3 Tilhill Forestry Limited Official company names and changes to company names have been in Finland 2015 in China in UK omitted. Docelles paper mill in France 2014

Kaukas sawmill in Finland Stracel paper mill and Pestovo sawmill in Russia 2013 in France

RFID business Myllykoski and Albbruck paper mills Ettringen, Hürth and Plattling UPM Raflatac’s label factory Pietarsaari and Tervasaari packaging Kajaani sawmill in Finland and Germany paper mills in Germany 2012 in Fletcher, NC in USA papers business in Finland

Myllykoski Oyj in Finland and ZAO Tikhvinsky Komplexny Rhein Papier GmbH in Germany 2011 Lespromkhoz in Russia

Heinola and Lappeenranta plywood mills, Heinola UPM Raflatac acquired UPM Formi biocomposite sawmill and Parkano further processing mill in Finland Gumtac in Brazil 2010 material is launched

Lahti plywood mill Full acquisition of Fray Bentos pulp mill in Finland 2009 and Forestal Oriental in Uruguay

Raflatac started label production in Poland Kajaani paper mill Tervasaari pulp mill Keuruu plywood mill 2008 in Finland in Finland in Finland

Walki Wisa Fray Bentos start-up Production of UPM ProFi in Finland in Uruguay with UPM minority started in Finland Raflatac started label production Miramichi paper mill 2007 in China and in USA in Canada

Voikkaa paper mill Puukeskus Oy Kuusankoski, Keltti and Voikkaa Loulay plywood mill in Finland in Finland 2006 hydropower plants in France

Loparex Group Changshu PM2 40% minority interest in ZAO ZAO Tikhvinsky Komplexny in Finland in China 2005 Chudovo-RWS in Russia lespromkhoz in Russia

Aureskoski sawmill Miramachi pulp mill Anco Trae in Finland in Denmark Brooks Group ltd. Viiala plywood mill in Canada 2004 building supplies chain in Ireland in Finland

Otepää plywood mill Rosenlew in Estonia 2003 in Finland

Walki Films Majority shareholding at Chudovo Walki Can liquid packaging in Finland plywood mill in Russia 2002 business in Finland

Acquisition of Haindl Group: Augsburg, Schongau and 2001 Schwedt paper mills in Germany and Steyrermühl paper mill in Austria

Plastic carrier bag and Walki Sack Miramichi paper and pulp mills Full acquisition of Rosenlew PE films and sacks retail products business in Finland in Canada 2000 Changshu paper mill business in Finland

Paperi-Dahlberg wholesale Walkisoft business Changshu PM1 in Finland in Finland 1999 in China

Minority shareholder in Changshu ZAO Chudovo-RWS UPM Raflatac acquires fine paper mill in China 1998 established Paper Automation in Malaysia

RaumaRauma Oy Oy Finnyards shipbuilding Blandin Paper Company Simpele board mill and Joutseno St. Etienne-du-Rouvray inin Finland Finland in Finland in the USA 1997 pulp mill in Finland. paper mill in France

Finnminerals Oy 1996 in Finland

UPM-Kymmene Corporation was founded when Repola and Kymmene merged

Parkano Pori Kalso 1993 sawmill paper mill veneer mill 1865 1915 1934 Sinettä Anders Kurt Portimo- 1991 koski sawmill Heinola sawmill 1858 Chapelle 1782 176 5 Seikku Repola sawmill sawmill 1991 1885 Darplay paper mill 1872 1860 Saasta- 1927 1910 moinen Kairokoski Rosenlew 1987 1891 1990 sawmill 1853 Joensuu Suomen Säynätsalon Savonlinna plywood mill 1836 1870 1916 Kuitulevy vaneri plywood mill Pellos 1920 Syväniemi 1912 plywood mill 1985 194 8 1914 1921 sawmill 196 3 Isonsanta Himanka Frenckell 1862 1923 1983 sawmill and Ylivieska 1873 1862 sawmills Varkauden 1988 1883 1980 vaneri Taivalkoski Heinola Schauman Fennia 1989 Kajaani 1982 1926 sawmill plywood 1895 1925 19 07 1977 1818 mill Puukeskus Oy 1931 Pikisaari 1929 sawmill 1962 Lohjan 1960 1937 19 04 Viiala paperi Joutseno- Pietarsaari Peura 1873 1972 1907 Pulp Caledonian 1883 sawmill Alholma 1908 1988 paper 1986 1896 Uleå Varjakka sawmill 1989 Mahogany 1912 1898 1873 Viipurin 1967 1908 Viipurin 1971 1986 Faneri Kymmene Oy Faneri Stracel Snellman 1986 1938 193 8 193 6 G:son 1835 Röyttä 1962 1963 sawmill Isnäs Nurmes 1862 sawmill Kymi-Strömberg Oy Shotton Bergbom Uleåborgs sawmill 1983 1897 paper mill 1860 Sågverks 192 0 Lampo- 1961 Iloniemi saari 1985 Sawmill 1874 sawmill sawmill 1976 Ämmä 1975 Kronvik 1978 Pulp Soinlahti 192 2 1905 sawmill paper mill sawmill 1908 1818 192 0 Lohja-Kotka 1952 Arppe Petrakoski 1942 1905 1860 sawmill Lahti Meltaus 1918 Rauma-Repola 1767 1869 1952 Sahansaari sawmill Kaukas Läskelä 1905 1842 sawmill 1873 Viipuri Vekrotniemi 1905 sawmill sawmill 1874 1935 1889 1875 1920 Nordland Haarla 1916 1915 papier Kärkkäinen Rauma-Raahe 1903 1967 192 2 Kissakoski Verla Cederberg Kaltimo & Putkonen 1942 Repola 19 07 1871 Raflatac 1870 Salvesen 1897 1911 Repola-Viipuri Wood 1933 1937 194 3 1972 1871 1924 194 0 Vuojoki 1919 1915 Juankoski Gods Rauma Wood Penttilä Högforsin 1916 sawmill 1906 1912 Myllykoski Haapakoski Tehdas Oy Inkilä Pikisaari 1871 1934 sawmill 1894 Sulka separation 1916 Yhtyneet sawmill sawmill 1819 193 5 193 6 1909 1952 sahat 1925 19 04 Suolahti 1921 mills Reposaari Halla sawmill 192 0 192 2 Walkiakoski 1875 1872 Halosen- Kymin Osakeyhtiö niemi 1871 19 04 sawmill 1927 Oulainen 192 0 steam Yhtyneet Pyhäjärvi sawmill etc. paperitehtaat 192 0 sawmill 1898 1916 1887 Martinniemi Kuusankoski Voikkaa sawmill 1873 1897 19 04 Kymmene 1872 Myllykoski Simpele Raahe 1892 1896 1917 Jämsän- koski 1909 1888

Raahen Finska puutavara kolaffären 19 01 1902