MERCER INTERNATIONAL INC

We manage and operate our business, including the natural resources under our care or direction, with a long-term view and focus on sustainability. We believe by doing so we will be able to deliver value to our customers, employees, shareholders, communities and other stakeholders. We strive to maintain the highest environmental, social and governance standards. We believe that by caring for the health and safety of our workers, maintaining the environmental quality of our operations and being part of and actively engaged in the communities in which we operate, we enhance the value for all of our various stakeholders and our social license to operate. We work to build all of these values and goals into our corporate culture or what we refer

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to as the “Mercer Way”. We believe that focusing on sustainability as a key driver in all of our operations and business will enhance our decision-making, our success and our relationships with our various stakeholders and communities in which we operate. We believe all of the foregoing elements are inter-connected and are vital to our long-term future, success and sustainability.

We focus significant attention on minimizing our environmental impact with the goal of reducing the environmental footprint of our existing operations to make them sustainable over the long-term, to ensure we have a social license to operate and to offset or reduce the impact of our operations. We endeavor to adapt to emerging trends, support new technologies and foster environmental stewardship in the areas in which we operate. We are signatory to the United Nations Global Compact that helps align our endeavors with the United Nations Sustainable Development Goals, internationally recognized Responsible Business Principles, and other key environmental standards in the areas of low carbon transition, water stewardship, waste, sustainable forestry, air emissions, circularity, responsible sourcing and biodiversity.

As part of our commitment and focus on sustainability, we have, among other things:

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increased our focus on sustainability including improved management, goal setting and tracking capabilities that will be communicated with stakeholders to ensure proper acknowledgment of our sustainability accomplishments and initiatives;

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commenced a double materiality assessment to further understand both the topics that are important for our stakeholders as well as those material to our business;

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commenced developing a Climate Transition Plan to align our business strategy and model to reduce greenhouse gas emissions (GHG) in line with a 1.5 degree pathway and net zero carbon future by 2050. As part of aligning to a 1.5 degree pathway, we raised our scope 1 GHG emissions intensity reduction target from 35% to 50%;

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updated our 2030 corporate sustainability targets, including safety, water, forest certification and mass timber-related targets to align with the growth of our business;

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incorporated further sustainability considerations into our governance process to ensure our strategic investments are aligned with our evolving sustainability goals;

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adopted a third-party technology solution to further enhance our compliance with relevant supply chain due diligence regulations and requirements;

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conducted our third climate change scenario analysis that evaluated the risks and opportunities of climate change as part of our adoption of the Task Force on Climate-related Financial Disclosure recommendations. We evaluated our business resilience to the climate change scenarios model that were developed by the Network for Greening the Financial System with extensive input from the climate community, and augmented with industry trends and climate projections. The scenarios were analyzed to identify and assess the potential impacts of climate change-related risks and opportunities on the Company;

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participated in a three-month Climate Ambition Accelerator program through our membership with the United Nations Global Compact, further aligning our business strategy with the United Nations Sustainable Development Goals and strengthening our network with the international sustainability community;

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registered as an adopter of the Taskforce on Nature-related Financial Disclosures recommendations and reaffirming our continued commitment and support towards developing our corporate biodiversity disclosures. This also includes the identification and response to nature-related impacts and dependencies and how we seek to manage biodiversity risks and opportunities;

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published our third annual sustainability report which integrates our recent acquisitions and provides a comprehensive overview of the progress on our water and biodiversity risk assessments, customer engagement, and employee engagement; and

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closely engaged with our stakeholders including governments and First Nations to strengthen our relationships in all areas of our business.

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