1. PPA’S Sustainability Summit 25 th November 2014

2. Palm Paper Site February 2009August 2014

3. King’s Lynn PM7 Project - 2007 Justification to invest £400 million UK newsprint consumption consistently > 2million m/t per annum UK newsprint production approximately 1.2 million per annum UK publisher support Availability of Recycled Fibre Total collected 8.5 million m/t – of which 4 million m/t plus exported Palm requirement 0.5 million m/t

4. King’s Lynn PM7 Project - 2007 Determining factors for choosing King’s Lynn Local authority support Proximity to available sources of RCF Proximity to major UK pressrooms Affordable land Availability of fresh water Proximity to Power Station

5. King’s Lynn PM7 Project – 2007 Key Dates purchase land 2007 2008 2009 submitting application PM 7 order appli- cation approval begin constuction work begin personnel hiring process machine installation testing production begin

6. King’s Lynn PM7 Project - 2007 Most modern newsprint machine 100 % recycled fibres Machine width 10.63 meters Design speed 2,000 m/min Capacity 400,000 tons p.a Total investment 400 mio ₤

7. Environmental Impacts Lower level of the mill reduced, visual impact Noise – paper machine / traffic Transport – o Palm account for 1% increase in traffic movements (offset by closure of other businesses in King’s Lynn o Closed loop deliveries Ecology Nature Conservation King’s Lynn PM7 Project - 2007

8. Environmental Impacts Water resources – Palm only takes 4% of overall requirement each day Increased paper recycling in the UK – reduces UK carbon emissions Air Quality – o Odour – treatment plant ensures no odours released o Facility Emissions – natural gas (steam) – low emissions King’s Lynn PM7 Project - 2007

9. Certifications Quality Management ISO 9001:2008Environmental Management ISO 14001:2004Occupational Health & Safety management OHSAS 18001 Energy Management ISO 50001:2011 The Blue Angel Eco Label - A Sign of Special Environmental Friendliness. Awarded to Palm News, Palm Top & Palm Print FSC ® Certification no. SCS-COC-002877

10. King’s Lynn PM7 Project - 2007 Recovered paper for newsprint production ONP EN643 - 2.01 & 1.06 N&P EN643 - 1.09 2014: Availability – declining Quality - deteriorating

11. Recycling Paper at PM7 Process Overview 1 RECEPTION AND STORAGE – for 8,000 m/t 2 RECYCLED FIBRE PROCESSING 3 PAPER PRODUCTION

12. Recycling Paper at PM7 Process Overview 4 FINISHING 5 ONGOING PROCESSES

13. Challenges faced in recovered paper 2007 to 2014

14. Volumes of Recovered papers (Graphic Paper) 2007 - 2013

15. The UK change in quality 2007 to 2013 2% out-throws

16. 2014 – 7 years on 2007 – 2 million m/t consumption UK newsprint consumption reduced to 1.264 million m/t per annum UK newsprint consumption set to decline further

17. 2014 PM7 has produced nearly 2 million metric tonnes since August 2009 start up Running at >1,900 m per minute Producing standard newsprint and Improved Newsprint; Palm Print and Palm Top

18. Palm Improved Grades Palm Top 68 ISO Heatset Palm Top 68 ISO Gravure Palm Print 68 ISO Heatset Palm Print 68 ISO Coldset

19. Advantages of Palm Improved Grades UK based mill – flexible, up page at short notice 100% recycled products – FSC Certified Automated warehouse – minimal roll handling RCF based – more metres per roll In pressroom – less splices Overall – Cost effective option for publishers and printers looking to downgrade from SC/LWC paper grades