Kp Tissue, Inc. · TSX:KPT
Kp Tissue — Shareholder Meeting (June 2026)
20 slides from Kp Tissue's shareholder meeting presentation, Jun 15, 2026
Slide 1: Annual Meeting of Shareholders
ANNUAL MEETING OF SHAREHOLDERS Ju n e 15, 2026
Slide 2: Forward-Looking Statements
F O R W A R D - LO O K I N G S TAT E M E N T S Certain statements in this presentation about KPT's and Kruger Products’ current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements or any other future events or developments constitute forward
Slide 3: Agenda
AG E N DA • Opening Remarks and Introduction • Call Meeting to Order, Appoint Secretary and Scrutineer • Notice of Meeting and Quorum • Presentation of the 2025 Financial Statements and Auditors’ Report • Election of Directors • Re-appointment of Auditors • Termination of Formal Business and Termina
Slide 4: Dino Bianco, Chief Executive Officer
Dino Bianco Chief Executive Officer 4
Slide 5: KP Tissue Inc: Vision and Mission
KP KP Tissue Inc OUR VISION TO BE THE MOST TRUSTED AND BEST LOVED TISSUE COMPANY IN NORTH AMERICA OUR MISSION MAKING EVERYDAY LIFE MORE COMFORTABLE
Slide 6: Underlying Strategies
5 U N D E R LY I N G S T R AT E G I E S Drive Strong Revenue, Profit and Shareholder Value in a Sustainable Manner 1 2 3 4 5 Consumer As Our Expand Our End-to-End Supply Deliver Winning Team Compass Business Footprint Chain Excellence Sustainability & Culture 6
Slide 7: Corporate Highlights
C O R P O R AT E H I G H L I G H T S 2 0 2 5 1 • Revenue of $2.2B and Adjusted EBITDA of $318.2M • Solid results across multiple business areas • Improved profitability and expanded capacity from Sherbrooke Expansion Project • Delivered share gains across all three key product categories • Establish
Slide 8: Strong Track Record
S T RO N G T R AC K R E C O R D Revenue Adjusted EBITDA1 and Net Income (Loss) Adjusted EBITDA Margin1 75.5 2,203 14.4% 16. 0% 2,050 400 .0 12.9% 42.0 1,873 12.7% 14. 0% 318.2 350 .0 1,681 12. 0% 23.8 300 .0 10.5% 1,465 264.8 238.6 10. 0% 250 .0 6.9% 200 .0 8.0 % 2021 2022 2023 2024 2025 -5.3 153.4
Slide 9: Revenue Breakdown for 2025
R E V E N U E B R E A K D OW N F O R 2 0 2 5 By Geography 54% $2.2B 46% 6.9% 8.2% Canada U.S. Canada U.S. By Segment 8.6% 1.9% Consumer Kruger PRO 84% $2.2B 16% 7.5% Consumer Kruger PRO Total Revenue 9
Slide 10: Q1 2026 Highlights
Q1 2026 HIGHLIGHTS Revenue Adjusted EBITDA1 Net Income $544.6M $86.9M $19.8M (0.3)% 14.6% $4.4M over Q1 2025 over Q1 2025 over Q1 2025 $2.4M ($3.9)M over Q1 2025 over Q1 2025 +0.8% (1.5)% Revenue Canada Revenue U.S. 1 Non-GAAP measure – see MD&A for the definition and reconciliation of the most comp
Slide 11: Brand Leadership
BRAND LEADERSHIP BATHROOM TISSUE FACI AL TISSUE PAPER TOWEL NO. 1 NO. 1 NO. 2 32.0% 46.9% 24.3% * Data represents Nielsen Canadian dollar market share for 52-week period ended March 21, 2026. 11
Slide 12: Brand Support
BRAND SUPPORT • Strong equity building campaigns for Cashmere, SpongeTowels, Scotties and Kruger Big Assist program, including our role as official partner of the CBC Olympic broadcast • Activated 45th Scotties Tournament of Hearts campaign • Launched Find-the-Cup-to-Win promotion in stores for NHL
Slide 13: Kruger PRO
K RU G E R P RO • Revenue, volume and profitability grew year-over-year, but decreased sequentially due to seasonality • Kruger PRO revenue growth mainly driven by U.S. market • Profitability improvement driven by cost savings from paper in- sourcing • Cashmere, Scotties and TITAN wipers brands cont
Slide 14: Operations
O P E R AT I O N S • Production rates for paper machines and converting operations exceeded expectations across all sites in Q1 2026 • Strong safety performance continued in the new year • Launched state-of-the-art converting line at Memphis site in April 2026 • Memphis improving and delivering agai
Slide 15: Balance Sheet
BA L A N C E S H E E T (Million CAD$, unless otherwise noted) Q1 2026 Q4 2025 Q1 2025 Cash 205.9 196.1 141.8 Current Portion of Long-term Debt 110.1 98.6 61.0 Long-term Debt 1,058.0 1,074.1 1,186.7 Net Debt 962.2 976.6 1,105.9 LTM Adjusted EBITDA1 329.3 318.2 273.6 Net Debt/LTM Adjusted EBITDA1 2.9x
Slide 16: Reimagine: Sustainability Focus
R E I M AG I N E 2 0 3 0 : S U S TA I N A B I L I T Y F O C U S 16
Slide 17: Awards 2025
AWARDS 2025 “15 COMPANIES Canada's Best Managed Companies for 8"" consecutive year, Platinum Member Advantage_ Ranked #1 Consumer Packaged Goods Supplier by Canadian retailers for 6% consecutive year Rl "ANADA’S BEST CORPORATE CITIZENS Corporate Knights’ Best 50 Corporate Citizens in Canada for 8" c
Slide 18: Executing Today, Building for Tomorrow
EXECUTING TODAY BUILDING FOR TOMORROW • Managing margins given escalating input costs • Ramping up new converting line in Memphis • Driving long-term brand share • Kruger PRO continuing to deliver profitable growth • Preparing for new TAD tissue plant • Developing organizational capability to streng
Slide 19: KP Tissue Inc
KP Tissue Inc WWW.KPTISSUEINC.COM "CANADIAN MADE STE eT i CANADIAN PROUD _—_s Bonterra RO7(779
Slide 20: Thank You