Press Release - February 24th 2022

New prices will be applied from 7th March

The Navigator Company increases Uncoated Woodfree Paper prices in Turkey by 8-12%

The Navigator Company announced today that it will increase its Uncoated Woodfree Paper prices in Turkey by 8-12%, for all dispatches from 7th of March onwards.

Reflecting the volatility of the current market conditions, Navigator will revise the situation continuously and price lists will have a maximum validity of two months. In addition, Navigator informed that it will not be able to keep the usual four-weekpre-notice for price list changes.

This decision was taken due to unprecedent times that the market is experiencing with a continuous cost increase in all relevant manufacturing inputs, as well as logistics, several abnormal disruptions that keep limiting supply and unparallel order book in the industry.

The Company will continue working to reinforce its partnerships with its Clients, strengthening its value proposition across several dimensions, appreciating the support provided by its large and very loyal customer base.

www.thenavigatorcompany.com

For further press information, please contact:

Lift Consulting - + 351 21 466 65 00

Sandra Faria - sandra.faria@lift.com.pt| +351 911 790 060

Catarina Frazão - catarina.frazao@lift.com.pt| +351 918 448 087

Catarina Carneiro de Brito - catarina.brito@lift.com.pt| +351 914 310 661

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The Navigator Company SA published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 10:51:01 UTC.