Exhibit 10.2 NewPage - Executed ABL Agreement

SCHEDULE 4.07
HISTORICAL FINANCIAL STATEMENTS
The Historical Financial Statements referred to in clause (ii) of the definition thereof (the
“Interim Historical Financial Statements”) were prepared in conformity with GAAP, subject to
the following exceptions:
1. In accordance with the Existing Credit Agreement, NewPage Port Hawkesbury Corp., a
corporation incorporated under the laws of Nova Scotia, Canada (“NPPH”) and a former
subsidiary of the Borrower that was sold prior to the Effective Date, was excluded from
all periods presented in the Interim Historical Financial Statements. Under GAAP, and as
reflected in the Historical Financial Statements for the fiscal year ended December 31,
2011, NPPH should have been deconsolidated as of September 7, 2011 (the
“Deconsolidation Date”). Under the deconsolidation accounting model (primarily
supported by ASC 852 Reorganization, ASC 810 Consolidation and ASC 450
Contingencies), NPPH should have been included in the consolidated results for all
periods up until the Deconsolidation Date.
2. There are certain bankruptcy related items being evaluated under the bankruptcy
accounting guidance (ASC 852, Reorganizations) resulting from the Plan of
Reorganization. These items could result in additional adjustments not yet recorded or
reclassification of adjustments already recorded in 2012 to different periods in 2012.