On December 4, 2023, Mr. Patrick Loulou, a director of Domtar Corporation, announced his retirement from the Company and the Paper Excellence Group effective in the first quarter of 2024. Mr. Loulou joined the Company as a member of its management committee in 2007. Since that time, he has been responsible for mergers and acquisitions, corporate strategy, and new business development.

He led the Company through more than 40 transactions on both the buy- and sell-side, including in 2021 the acquisition of the Company by the Paper Excellence Group. Mr. Loulou also was integral in the successful closing of the Resolute Forest Products acquisition. He has been an invaluable member of team, contributing immeasurably to the success and growth of the Company and the Paper Excellence Group.

A replacement for Mr. Loulou on the Board of Directors may be named at a later date.