JUNE 2014

Antalis Corporate Presentation

July 2015

Overview

5,585 Employees

in 44 countries

2

1.8 Million tons

of paper delivered each year

€ 2.5 Billion in sales

120,000 Customers

118 Distribution

centres

14,000 Deliveries per day

in the World

• No.1 European merchant for paper, visual communication and packaging solutions

• No.2 Worldwide

Click here to see Antalis movie

2014 figures

Antalis Presentation September 2014 3

Worldwide Presence

3

44 Countries

5 Continents

1.8 Million tons of

paper delivered each year

41%

25%

12%

13% 9%

Rest of Europe 41%UK 25%Eastern Europe 12%France 13%Rest of the World 9%

2014 Turnover

by geographic areas

60% PRINT

6% VISUAL COMMUNICATION

22% OFFICE

12% PACKAGING

4 Business Sectors

4

2014 Turnover by business sector

Print

Office

Packaging

Visual Communication

Widest range of coated and uncoated papers, creative papers and envelopes as well as specialty products such as carbonless, self adhesive papers and paper for digital printing - Printers, graphic designers, advertising agencies

Complete range of cutsize papers, with envelopes, suitable for all digital printing techniques - Large corporations, Government organisations, trade resellers

Large offer of consumables, machines, solutions and additional services for protecting goods in transit and in storage - Manufacturing and service companies

Large Format Printing materials (boards, plastics, papers) for indoor and outdoor advertising and interior decoration to the graphic industry - Large Format Printing specialists, screen-printers, commercial printers, repro houses

Antalis Presentation September 2014 5

Leading the European Market

5

28 European countries

No.1 In 10

countries

Around

20% Paper merchanting

market share

Source: Antalis estimates

1

1 1

1

1

1

1

1 1

2

2 2

2

2

2

5

3 2

4

4

2

1

4

3

3 3

2

Antalis is a fully owned subsidiary of Sequana, a French company listed on the Paris stock exchange

6

Solid Financial Results

€ Millions 2014 2013 2012

Sales 2,585 2,528 2,695

EBITDA 80 70 83

% EBITDA 3.1% 2.8% 3.1%

ROI 55 44 52

% ROI 2.1% 1.7% 1.9 %

Net Debt 250 199 245

Antalis Financial Results

Turnover 2014: 3.4 billion €

Turnover 2014: 2.5 billion €

Turnover 2014: 1 billion €

7

Treasury Shares: 0.19%

Bpifrance participations: 19.68%

DLMD (incl. Pascal Lebard): 3,28%

Group Allianz: 8,06%

• Repositioning the Group on promising segments

• Strengthening its financial structure

Sequana Pursuing its Long Term Development

Shareholding structure 30th April 2015

Public: 68,79%

Management Team

8

Marketing & Purchasing

Xavier JOUVET

Packaging

Tassilo STEINBACH

Creative Papers

Jonathan MITCHELL

Human Resources

Andrew JORDAN

Western Europe

Stéphane COURTOT

UK, Ireland & South Africa

David HUNTER

South Africa

Raymond WALDECK

Middle Europe

Dieter BECKER

Central, South, East Europe

Christophe HUNAUT

Nordic & East

Jukka SILVENTOLA

Hervé PONCIN

Pascal LEBARD

CFO

Xavier ROY-CONTANCIN

MIS

Philippe MENILLET

Communication

Sylvie NOQUE

General Counsel

Antoine COURTEAULT

COO

CEO

Asia Pacific

Miranda HUI

Latin America

Alvaro IDE

Antalis Presentation September 2014 9

To strengthen our leadership in our

core Paper distribution activities,

focusing on added value products and

optimised sales channel, as well as

supply chain organisation, supported by

expansion in emerging countries.

To develop additional business in the

Packaging and Visual Communication

sectors through organic growth and

acquisitions.

Strategy

9

* Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom.

Abitek Packaging merchant

2012 Ambassador

Packaging merchant

2012

Pack 2000 Packaging solution

provider

2012

Branopac Packaging merchant +

converting

2012

Xerox Document Supplies Europe Business in 16 countries

In Western Europe*

2013

Macron Visual communication

merchant

2011

Main Acquisitions since 2011

10

1st Class Packaging Donington Packaging Supplies

Parkside Packaging (From PaperlinX UK)

2015

PaperlinX A/S Packaging+ Visual Com

2015

Hansapakend Packaging

2015

Cadorit i Boras AB Visual Com

2015

11

Print Business

• Largest European merchant for paper, boards, envelopes and added value products such as synthetic & labels

• Committed to developing key initiatives that have a positive impact on the future business: – d2b: to help our customers develop their digital business

– Green Connection: to help our customers achieve Green excellence

– Creative Power: to support our customers in expressing their creativity

• Strong brands deployed worldwide

• Strategic suppliers: Arjowiggins, UPM, Stora Enso, Portucel Soporcel, …

Print 60%

2014 Turnover by business sector

12

Office Business • European leader for office papers (A4, A3,

digital formats) – Covering the needs of Trade Resellers as well as of

large Corporations and Government organisations

– Extensive range of papers for colour printing, optimum white papers, everyday papers, light weight papers, recycled and tints

• Key customer benefits – Full product range throughout Europe

– Local expertise backed by strength of international group

– Supply chain optimisation for improved efficiency

2014 Turnover by business sector

Office 22%

Key milestones

2013 Antalis acquires Xerox Document Supplies Europe

business

2015 Antalis buys

Data Copy brand from Metsä Board

13

Packaging Business

• A large offer for all Antalis customers – Packaging materials, systems, solutions and services

• Key customer benefits – One stop shop for packaging

– International key account management

• Masterline – Antalis Brand for packaging material and machines

Packaging 12%

2014 Turnover by business sector

14

Visual Communication Business

• Complete line of flexible and rigid media for signage, decoration, outdoor and POS advertising

• Dedicated sales force in every country to provide reliable expertise on all materials

• Dedicated service of our logistic facilities enabling non-standard formats converting

• Distribution of leading brands i.e. Oracal, Avery, Forex, Dibond for plastic or aluminium plates

• Coala: comprehensive range of flexible LFP media to be recognised by the digital community as a specialist

2014 Turnover by business sector Visual Communication 6%

15

d2b: “digital-to-business” • Rapid growth of the digital printing market enhanced by high-technology

• The d2b initiative acts on the market to strengthen cooperation between OEM, printers and brand-owners

• The Antalis portfolio offers the broadest range of substrates suitable for digital printing presses

• Certified for dry toner, liquid toner and high-speed inkjet

$141 Million* Global Digital Print

2014

$200 Million* Global Digital print

2019

*Source: PIRA Digital Printing 2012 (constant 2012 prices and exchange rates) t

16

The Antalis Creative Power Initiative

• Antalis is “the” creative papers merchant: a multi-specialist with the broadest range of creative papers in the market

• Full range of services to help designers, printers and end-users choose the right media :

samples, show-room, trial packs, training, dummies

• A dedicated team of experts

• Participation in local design events and partnerships with local design schools

17

Providing Full Services • Strong logistics network to quickly and fully respond to customer needs all over the world

National coverage

in all countries

Same day delivery

for all main cities

D+1 delivery

Availability of all

ranges

• Professional and experienced staff to guide our customers to find the most appropriate solution: full array of services from business networking, selection assistance, expert consulting in graphic arts and packaging, sustainable development support, online, product personalisation, value added logistic to customer care

• Supply chain service provider for our customers or for third parties

18

Sales/Commercial Approach

• The Antalis commercial approach:

Sales advisors Telephone

account managers

Field sales

Backselling/ paper

consultant

@ E-commerce

• Antalis customers can access a full webstore catalogue in more than 30 countries • Over the world, Antalis websites received more than 2,8 million visits in 2014 • Antalis served more than 1.5 million e-commerce orderlines, saving users time and effort • 8,000 regular customers take advantage of our new website, definitively easier, faster and

richer!

19

International Sales

• AIKA: Antalis International Key Accounts – Large international companies and printing groups are more and more requesting to centralise their

paper and packaging sourcing at European and Worldwide level – Antalis has dedicated international key accounts teams in charge of supplying solutions to companies

with offices all over Europe

• Serving the needs of international companies – Participation in tenders (RFI, RFP) – European negotiations and contracts – Introducing the local Antalis teams for day to day management of the business – Follow-up during the implementation of the contract and provision of reliable management information

at European level

20

Responsible Business

Pascal Lebard, CEO

“Sequana aims to make profitable business on the long term, with strong ethical and responsible values, including economic, human, social and environmental issues. Our Responsibility is to ensure that the core values of the group are implemented and reinforced in our day to day business”.

21

4 Key Pillars of CSR Policy

Elaborate a CSR policy and related reporting processes and network

1

Implement a Business ethics policy

2

Enhance product traceability

3

Better manage energy consumption and energy efficiency

4

Improve water consumption and water discharge

5

Insure a safe and healthy work environment

Develop diversity and skills policy

Enrich eco-responsible products range

G

over

nanc

e

Nat

ural

Reo

surc

es

Peop

le

6

7

Prod

ucts

Offe

r

7

22

The Antalis Green Connection Strategy • To commit to environmental excellence in Antalis’ every day business

– Multi-site FSC & PEFC certification with 35 Antalis entities

– Local initiatives: Green Days, services, catalogues…

• To support Antalis customers in their own commitment – Full range of services (consulting, training..) and tools (environmental calculator, samples, brochures…)

– Eco-responsible product offering: one of the broadest ranges on the market, ranked through the Green Star System taking into account the origin of the fibres and the manufacturing process

• To ensure responsible sourcing of the products – Supplier code of conduct – Sustainable wood pulp and paper sourcing policy – Product traceability process with the implementation of a unique on-line suppliers platform

23

Employee Focus

2014 EMPLOYEES BY GEOGRAPHIC AREA

FRANCE 8%

UK 19%

WESTERN EUROPE (excl FR & UK)

34%

EASTERN EUROPE 18%

REST OF THE WORLD 21%

With 5,585 employees across 44 countries, employee welfare is a constant and primary consideration, spanning health and safety in the workplace, through training and career development

24

Employee Focus

• Antalis Values – Team : Respect, Openness and Honesty, Collaboration

– Empowerment & Trust : Partnership, Support, Recognition

– Accountability : Taking Responsibility, Customer Focus, Health & Safety

– Mindset for Change : Flexibility, Leadership, Continuous Improvement

• WeConnect is a portal which provides access to our talent management system, used for managing learning, performance, talent and other HR processes across the group as well as encouraging group-wide collaboration and knowledge sharing.

– Connect

• A social network that enables the employees across the group to better work together by sharing information and collaborating among communities

– Learning Management System

• Many learning items such as e-learning modules, covering a wide range of topics

• The platform is progressively enriched with new contents throughout the year

– Performance and Development Reviews

• The system also enables management of the Performance and Development reviews

antalis.com

Just Ask Antalis!

25