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2011 - Cascades

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STRATEGIC ACTION PLAN – Q1-2012 INITIATIVES<br />

Restructuring of<br />

under-performing units<br />

● Announced consolidation of<br />

Ontario containerboard<br />

operations with closure of<br />

three plants<br />

● Announced closure of<br />

Enviropac-Toronto<br />

Focused investing for<br />

modernization of<br />

core operations (and IT)<br />

● $30 million investment<br />

announced in Ontario in our<br />

containerboard sector<br />

● ERP progressing<br />

Optimizing capital allocation<br />

between<br />

sectors and investments<br />

● Acquisition of Bird Packaging<br />

● Greenpac on schedule and<br />

on budget; g ; installation of<br />

paper machine started<br />

Challenging Market Evolution Proactive measures Improved profitability<br />

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