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The Mayr-Melnhof Group (“MM”) and a subsidiary of funds managed by Oaktree Capital
Management, L.P. (“Oaktree”) have reached a firm intention on the sale of MM’s virgin fiber
cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to Oaktree for an
equity value of EUR 104.6 million and net debt subject to final closing accounts.