Sappi has declared force majeure on the Dissolving Pulp (‘Vulindlela’) expansion and upgrade project at Saiccor Mill SAPPI SOUTHERN AFRICA LIMITED Registration number 1951/003180/06 Incorporated in the Republic of South Africa Stock Code: SSA06 ISIN: ZAG000104472 (“Sappi Southern Africa”) Sappi has declared force majeure on the Dissolving Pulp (‘Vulindlela’) expansion and upgrade project at its Saiccor Mill in alignment with the South African Government’s declaration of a nation-wide lockdown to combat the COVID-19 Epidemic Sappi Southern Africa wishes to announce that it has informed all suppliers, vendors and contractors of its decision to declare force majeure and cease all work at the Vulindlela expansion and upgrade project at its Saiccor Mill in alignment with the South African Government’s declaration of a nation-wide lockdown to combat the COVID-19 epidemic. The project is 65 percent complete and is materially on track. It is currently undergoing a controlled shut down. The project will recommence based on government guidance. Sappi does not expect any material cost increases from the declaration of force majeure and future cash flows will be aligned to the revised project timelines. Date 25 March 2020 Debt Sponsor: Nedbank Corporate and Investment Banking Date: 25-03-2020 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.