MERCER INTERNATIONAL INC.

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 12, 2026

MERC$0.24-7.3%Stored close · as of Nov 9, 2026

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Contents

CURRENCY

The following table sets out exchange rates, based on the noon buying rates in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New York, referred to as the “Noon Buying Rate”, for the conversion of dollars to euros and Canadian dollars in effect at the end of the following periods, the average exchange rates during these periods (based on daily Noon Buying Rates) and the range of high and low exchange rates for these periods:

	Year Ended December 31,
	2025	2024	2023	2022	2021
($/€)
End of period	1.1736	1.0351	1.1062	1.0698	1.1318
High for period	1.0209	1.0351	1.0453	0.9616	1.1196
Low for period	1.1848	1.1184	1.1237	1.1487	1.2295
Average for period	1.1306	1.0820	1.0817	1.0534	1.1830
($/C$)
End of period	0.7293	0.6944	0.7575	0.7390	0.7827
High for period	0.6849	0.6929	0.7205	0.7208	0.7727
Low for period	0.7377	0.7513	0.7618	0.8031	0.8312
Average for period	0.7159	0.7302	0.7412	0.7691	0.7981

On February 9, 2026, the most recent weekly publication of the daily Noon Buying Rate before the filing of this Annual Report on Form 10-K reported that the Noon Buying Rate as of February 6, 2026 for the conversion of dollars to euros and Canadian dollars was $1.1812 per euro and $0.7329 per Canadian dollar.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.