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SAPPI LIMITED - Changes to the Board of Directors

Release Date: 18/02/2019 10:55
Code(s): SAP     PDF:  
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Changes to the Board of Directors

Sappi Limited                                                         
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284
("Sappi" or the "Company")


Changes to the Board of Directors


In terms of paragraph 3.59 (a) of the Listing Requirements of the JSE Limited, Sappi
shareholders are advised of the following changes to the Board of directors of Sappi (the
“Board”):

The Board is pleased to announce the appointment of Mr James Lopez as independent non-
executive director with effect from 01 March 2019.

Mr Lopez is the former President and CEO of Tembec Inc (2006-2017) having progressed
through management, senior management and executive positions within Tembec since
1989. In 2017 Mr Lopez successfully negotiated the sale of Tembec Inc, a manufacturer of
lumber, pulp, paper/paperboard and specialty cellulose and a global leader in sustainable
forest management practices.

Mr Lopez is currently the Co-Chairman of the Bi-National Softwood Lumber Council.
Previous Chairmanships included the Softwood Lumber Board, Forest products Innovation
and Ontario Forest Products Association.

Commenting on the appointment, Sir Nigel Rudd said: “Mr Lopez brings significant industry
experience to Sappi’s board. He is a seasoned industry leader with strong global expertise
in dissolving pulp and commercial forestry. He will make a significant contribution to Sappi’s
growth strategy.”

The Board would like to take this opportunity to welcome Mr Lopez to the Sappi group.

Johannesburg
18 February 2019


Sponsor : UBS South Africa (Pty) Ltd

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