Jan Johansson, CEO of SCA, discussed the company's major changes in 2012 including divesting packaging businesses, acquiring Georgia-Pacific's European tissue operations, and establishing a joint venture in Australia/New Zealand. SCA also acquired several hygiene product companies. Johansson outlined SCA's strategic priorities of efficiency, innovation, and growth. SCA has leading market positions globally and regionally in tissue, solid wood products, and hygiene products. Despite economic challenges, hygiene products show growth in emerging markets.

1. Handelsbanken conference
Jan Johansson, President and CEO

2. Major changes
 Divestment of the Packaging business, excluding
the two kraftliner mills
 Acquisition of Georgia-Pacific’s European tissue operations
 Established joint venture in Australia/New Zealand
 Acquisition of Everbeauty an Asian hygiene products company
 Increased shareholding in Vinda
 Acquisition of PISA in Chile
 New hygiene organization
 Acquisition of PLF a French solid-wood products company
2 September 2012

3. Acquisition of Georgia-Pacific’s
European tissue operations
 Creates a leading European tissue
company
 Strengthens SCA’s product offering and
geographic presence
 Sales: EUR 1.25bn
 Purchase price: EUR 1.32bn
 Annual synergies: EUR 125m
 With full implementation of synergies,
earnings per share are expected to
increase by approximately SEK 1.70
3 September 2012

4. SCA Group
 Net sales of SEK 91bn*
 37,000 employees and sales in more than 100
countries
 World’s second-largest hygiene company
 TEN and Tork are leading global brands for
incontinence care and AFH tissue
 Europe’s largest private forest owner
 Europe’s second-largest sawmill company
* 2011 sales adjusted for closed transactions
4 September 2012

5. SCA Group
Hygiene business is growing
% of net sales
~20%*
54% 40%
46% 60% ~80%*
Forest Products and Hygiene products
Packaging (Personal Care and Tissue)
5 September 2012

6. Leading market positions
Globally and regionally
Nordic region
North America Incontinence products: 1 Europe
AFH tissue: 3 Baby diapers: 1 Tissue: 1
Incontinence products: 3 AFH tissue: 1 Solid-wood products: 2
Consumer tissue: 2 Baby diapers: 3
Mexico Incontinence products: 1
Incontinence products: 1 Private forest owners: 1
Consumer tissue: 2
AFH tissue: 3
Asia
Feminine care: 1
Incontinence products: 1
Baby diapers: 3
Globally
Colombia
Incontinence products: 1
Incontinence products: 1
Feminine care: 1 AFH tissue: 1
Tissue: 1 Consumer tissue: 2
6 September 2012

7. SCA Group’s strategic priorities
EFFICIENCY INNOVATION GROWTH
7 September 2012

8. Efficiency
 Restructuring programme in baby diapers
in Europe completed
 Efficiency programme
 Mainly related to Personal Care and Tissue
 Annual cost saving: SEK 700m
 Gradual impact in 2012-2013
 Investments in upgrade of existing and
new capacity
8 September 2012

9. Innovation
Strengthens market positions and profitability
9 September 2012

10. 10 September 2012

11. Growth
 Sales growth of 4%*
 High growth in emerging markets
 Acquisition of Georgia-Pacific´s European tissue
operations
 Acquisition in Brazil
 Pro Descart, No. 2 in incontinence care
 Acquisition in Turkey
 San Saglik 95%, No. 2 in incontinence care
 Komili 50%, No. 4 in baby diapers and feminine care
 Acquisition of Everbeauty an Asian personal care
company
 Continued expansion of wind power opportunities
 Ongoing projects totalling 4 TWh
* H1 2012 compared with H1 2011, excluding exchange rate movements and divestments
11 September 2012

12. Growth
Growth potential for hygiene products
 Global population growth
 An aging population
 Increased market penetration
 Higher disposable income
 Customers and consumers demand
more comfort and sustainability
12 September 2012

13. Growth
High potential in markets with low penetration
Usage of hygiene products
Units/capita/year Units/child/year Units/woman/year Kg/capita/year
North America Western Europe Eastern Europe Latin America Asia
13 September 2012

14. Macro update
Q2 2012
 Global economy and private consumption to slow in 2012
 Debt crisis in parts of Western Europe has a negative impact
 Emerging markets shows relatively good growth
 Hygiene products
 Good growth in Emerging markets
 Low or no growth in Western Europe and North America
 Forest products
 Lower European demand and unacceptably low prices
in publication paper
 Continued weak demand and unsatisfactory low prices
in solid-wood products
 Price increases for Kraftliner during Q2
14 September 2012

15. Q2 2012 results
SEK millions Q2 Q2 Change, Change,
unless otherwise stated 2012 2011 % %**
Net sales 20,273 20,415 -1 2
EBIT* 2,105 1,810 16 16
EBIT margin* (%) 10.4 8.9
Profit before tax* 1,789 1,527 17
Earnings per share (SEK) 1.85 1.96
Operating cash flow 2,391 1,868
Debt/Equity ratio 0.41 0.55
* Excluding items affecting comparability
** Excluding exchange rate movements, and divestments
15 September 2012

16. Key reasons to invest in SCA
 Transformation story
 Strong product portfolio
 Good growth opportunities
 Profitability improvement potential
 Good dividend yield
16 September 2012

17. Q&A
17 September 2012

18. IR Contacts:
Johan Karlsson, VP Investor Relations
Tel: +46 8 788 51 30
Email: ir@sca.com Website: www.sca.com