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Newpage Sustainable Development Facts and Figures 2013 2 | Sustainable Development Facts and Figures 2013 NEWPAGE SUSTAINABLE DEVELOPMENT FACTS AND FIGURES 2013 2 | SUSTAINABLE DEVELOPMENT FACTS AND FIGURES 2013 N EWPAGE SUSTAINABILITY COMMITMENT Message from the President and CEO George F. Martin, President and CEO There’s no special formula for sustainability and environmental responsibility. It’s a matter of culture; making the right operational decisions today so that our company can succeed without compromising the ability of future generations to do the same. Forest products companies like NewPage have been concentrating on procuring more and more renewable, natural resources to make recyclable paper products for many decades. We all know that a company cannot be sustainable long-term without a strong financial backbone. This has been a primary focus for NewPage over the past couple of years, culminating in late 2012 when NewPage exited bankruptcy with a solid balance sheet. With bankruptcy behind us, we ended the year with improved financial results as EBITDA increased 13 percent on a year over year basis in spite of weaker demand for coated products and lower prices. This report highlights our sustainability commitment and 2013 performance in our five focus areas: Healthy, Safe and Engaged Employees; Responsible Sourcing of Raw Materials; Efficient and Sustainable Manufacturing; Responsible and Safe Products; and Strong, Viable Communities. I would like to share a few highlights for each of these areas with you and invite you to peruse our results on the pages that follow. Healthy, Safe and Engaged Employees The most important initiative we have every single day is making sure all our employees return home injury-free. Although we didn’t meet our goal of zero injuries in 2013, we did achieve our best safety record ever, with a 1.71 Total Case Incident Rate (TCIR). We also continued health and wellness initiatives and programs throughout all of our locations and sustained our focus on Lean Six Sigma. Responsible Sourcing of Raw Materials We procure all fiber from North America where forest growth exceeds harvest by 10 to 40 percent, depending upon the region. Eighty-three percent of the wood fiber we use comes from privately held North American forests and all fiber is purchased in compliance with the requirements of the U.S. Lacey Act and European Union Timber Regulation for harvested wood. 3 | SUSTAINABLE DEVELOPMENT FACTS AND FIGURES 2013 Efficient and Sustainable Manufacturing In 2013, we achieved a 14.7 percent reduction in total greenhouse gas emissions compared to 2005 levels. During the past year, we used nearly 54 percent renewable biomass fuel, which represents our largest energy source. We also replaced petroleum-based materials such as latex and plastic pigment used in paper coating with natural materials such as clay, calcium carbonate and titanium dioxide and renewable materials such as starch. Responsible and Safe Products As segments of the paper industry continued to experience declines in demand, NewPage concentrated on the future of our business by monitoring and responding to specific customer needs. We introduced three new innovative products: Anthem Plus®, an economy coated paper constructed to perform in virtually every print application; PointSil™ Densified Liner, a family of caliper-controlled, heavyweight release liner papers engineered for large graphics; and LittleFoot™, the paper alternative to poly and film substrates, specifically for the flexible packaging market, composed of environmentally responsible, biodegradable and 100 percent compostable materials. It’s an undeniable fact that advertisers have more electronic options than ever to connect with customers. Yet, paper remains a very viable communication medium and a vital component in the overall media mix. We continue to educate customers through our popular “Ed®” Series, with Ed #15 showcasing paper as the original interactive communication medium. Paper has no rival in its ability to engage readers. People open paper, touch it, fold it, pull it and even smell it. Paper is real, dimensional, memorable and most importantly, sustainable! Strong, Viable Communities We also continued to support our communities in 2013. NewPage contributed more than $328,000 in gifts and paper donations to local causes in addition to our employees’ generous giving of their time and talents. We are very proud of our team’s efforts to bring about the type of social and environmental change that will ensure a bright future. Our employees work hard every day to help our company become better, stronger and more sustainable than we were the day before. We are committed to creating value for our shareholders, suppliers, customers, communities and other strategic partners over the long-term. George F. Martin President and CEO 4 | SUSTAINABLE DEVELOPMENT FACTS AND FIGURES 2013 N EWPAGE AT A GLANCE Click here to see O ur Company At A Glance. FINANCIAL PERFORMANCE NewPage successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy protection on the terms of its Modified Fourth Amended Chapter 11 Plan confirmed on December 14, 2012, by the U.S. Bankruptcy Court for the District of Delaware in Wilmington. The implementation of the Chapter 11 Plan and the application of fresh start accounting materially changed the carrying amounts and classifications reported in our consolidated financial statements and resulted in our becoming a new entity for financial reporting purposes. Accordingly, our consolidated financial statements for periods prior to December 31, 2012 will not be comparable to our consolidated financial statements as of December 31, 2012 or for periods subsequent to December 31, 2012. For additional information regarding the impact of the implementation of the Chapter 11 Plan and the application of fresh start accounting see Note 1 in the 2012 NewPage Annual Report published on March 30, 2013 which can be found at www.NewPageCorp.com. The following table sets forth our historical results of operations for the years ended December 31, 2013, 2012 and 2011: (dollars in millions) SUCCESSOR Predecessor Year ended December 31, 2013 2012 2011 $ % $ % $ % Net sales 3,054 100.0 3,131 100.0 3,502 100.0 Cost of sales 2,865 93.8 3,015 96.3 3,375 96.4 Selling, general and administrative expenses 146 4.8 139 4.4 145 4.1 Interest expense 47 1.5 26 0.9 391 11.2 Other (income) expense, net — — — — 2 0.1 Income (loss) before reorganization items and income taxes (4) (0.1) (49) (1.6) (411) (11.8) Reorganization items, net — — (1,288) (41.2) 86 2.3 Income (loss) before income taxes (4) (0.1) 1,239 39.6 (497) (14.1) Income tax (benefit) (2) (0.1) (19) (0.6) 1 0.1 Net income (loss) (2) (0.1) 1,258 40.2 (498) (14.2) Supplemental Information Adjusted EBITDA1 269 238 324 Capital Expenditures 75 1572 77 1 See Form 10-K for more information on items included and excluded from the calculation of Adjusted EBITDA. 2 Capital expenditures in 2012 include $54 million associated with the purchase of the No. 35 paper machine capital lease pursuant to the Chapter 11 plan. AGREEMENT AND PLAN OF MERGER On January 3, 2014, NewPage Holdings, Verso Paper Corp., and Verso Merger Sub Inc., entered into an Agreement and Plan of Merger, pursuant to which Verso Merger Sub Inc. will merge with and into NewPage Holdings, with NewPage Holdings surviving the Merger as an indirect, wholly owned subsidiary of Verso. See Note 19 in the NewPage Form 10-K filed with the Securities and Exchange Commission (SEC) on February 26, 2014 to the consolidated financial statements for additional information. 5 | SUSTAINABLE DEVELOPMENT FACTS AND FIGURES 2013 WHAT COMES IN, WHAT GOES OUT When looking at environmental performance, NewPage realizes our footprint extends beyond our mills’ boundaries. On an annual basis, we quantify the direct impacts from our mills as well as the indirect impacts associated with external suppliers of electricity and steam, pulp, wastewater treatment and outbound product transport. We have quantified the magnitude of our indirect impacts and these values are reflected in the performance charts contained in this report. 2013 RESOURCE USE AND ASSOCIATED EMISSIONS 1 IN FIBEE R R SOURCES Roundwood = 7.2 million green tons Chips = 1.8 million green tons Purchased pulp = 137,000 air-dried tons AIS IR EM S IOns Recovered paper = 110,000 air-dried tons DIRECT from the MILL Carbon Dioxide equivalents (CO2e) = 2,730,000 metric tons CHEMICALS AND FILLERS Nitrogen Oxides (NOx as NO2) = 11,700 tons Pigments = 986,000 tons Sulfur Dioxide (SO2) = 26,200 tons Binders = 165,000 tons Particulate Matter (PM) = 1,810 tons Pulping agents = 151,000 tons Bleaching agents = 202,000 tons INDIRECT frOM PURCHASED EnERGY 2 Carbon Dioxide equivalents (CO2e) = 1,510,000 metric tons ENERGY Nitrogen Oxides (NOx as NO2) = 2,025 tons FOR PULP & PAPER PRODUCTION PROCESSES Sulfur Dioxide (SO2) = 4,850 tons Coal = 830 thousand tons Particulate Matter (PM) = 305 tons Natural gas = 11,200 million cubic feet Oil = 1,570 thousand gallons WATER DIschARGES 3 Tire-derived fuel = 150 thousand tons Wastewater Effluent = 49,000 million gallons Purchased biomass = 470 thousand tons Non-contact Cooling Water = 36,000 million gallons Purchased electricity = 2,050 gigawatt-hours Biochemical Oxygen Demand (BOD) = 4,230 tons Own hydropower = 136 gigawatt-hours Total Suspended Solids (TSS) = 5,900 tons Purchased steam = 530 gigawatt-hours WASTE MANAGEMENT FOR VEHICLES & MOBILE EqUIPMENT Beneficial Use off-site = 418,000 dry tons Diesel = 1,350 thousand gallons Landfill = 237,000 dry tons Gasoline = 110 thousand gallons Hazardous waste = 10.81 tons Liquid propane gas = 440 thousand gallons FINAL PRODUCTS FRESHWATER (PROCESS AND COOLING) Paper = 3.3 million tons Surface water = 84,300 million gallons Market Pulp = 0.37 million air-dried tons Municipal water = 2,500 million gallons Groundwater = 970 million gallons OUTBOUND PRODUCT TRANSPORT Carbon Dioxide equivalents (CO2e) = 175,000 metric tons Diesel fuel consumed = 16.4 million gallons OUT 1 Net balance reported.
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