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2011 - Cascades

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STRATEGIC ACTION PLAN – PRIORITY #1 (cont’d)<br />

• Competitive advantage – Recycled liner<br />

• Largest in NA<br />

• 540,000 short tons capacity<br />

• Most technologically advanced equipment<br />

• Well-aligned with current market trends<br />

• Financial flexibility not affected<br />

• $99M total investment<br />

• $84M in equity<br />

• $15M in bridge loan<br />

• Debt non-recourse to <strong>Cascades</strong><br />

• Strong Partnership<br />

• Norampac p ( (<strong>Cascades</strong>) ) 59.7%<br />

• Caisse de dépôt<br />

et placement du Québec 20.2%<br />

• Two industry converters 20.1%<br />

Will Will position i i us amongst leaders l d in i terms of f product d offering, ff i productivity d i i and d profitability<br />

fi bili<br />

14

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