SCA (SCA) Investor presentation summary

Integrated value chain and financial performance

• Operates a fully integrated value chain from forest to renewable energy, wood, pulp, and containerboard, with logistics embedded in each segment.

• 2025 sales reached SEK 20.4bn with an EBITDA of SEK 6.6bn and a 32% EBITDA margin.

• Industrial ROCE for core segments was 4% in 2025.

• Achieved a climate benefit of 12.0 Mt CO₂ and net forest growth of 2.5 million m³fo.

Forest assets and growth strategy

• Owns 2.7 million ha of forestland, representing 6% of Sweden, with 2.1 million ha productive.

• Standing volume is 277 million m³fo, with 50% of wood needs supplied internally.

• Focuses on increasing forest holdings in the Nordics and Baltics, with 80% of Baltic target completed.

• Net annual forest growth is 2.5 million m³fo, supporting long-term asset and cash flow growth.

• Forest asset value and standing volume have grown significantly since 1950, with a 10% CAGR in total return since 1956.

Wood, pulp, and containerboard operations

• Operates five modern sawmills with a total capacity of 2.2 million m³ and a focus on value-added products.

• Pulp segment includes 1.2Mt capacity for NBSK and 300kt for CTMP, with a new Ortviken facility started in 2022.

• Containerboard segment is a leading kraftliner supplier in Europe, with 1,140kt/year capacity and a new machine at Obbola.

• Strategic direction emphasizes maximizing asset quality, expanding capacity, and product development.