Resolute Announces Appointment of Hugues Simon as President of Wood Products

Resolute Forest Products Inc., announced that Hugues Simon will join the company and be appointed as president of the wood products division as of March 1, 2021. His term will begin as of the date on which Remi G. Lalonde, currently Resolute’s chief financial officer, assumes the position of president and chief executive officer. Mr. Simon will report to Mr. Lalonde.

Mr. Simon, a native of Quebec, most recently served as president, BarretteWood, Inc., a producer of value-added wood products with operations in Canada and the United States. Previously, Mr. Simon worked for Resolute and its predecessor companies for seven years in corporate and division-based functions. Earlier in his career, he worked for a number of other forest products companies. Mr. Simon is a graduate of Sherbrooke University and is a certified public accountant.

“I am pleased to welcome Hugues back to Resolute. He is a strong, dynamic leader with depth of wood products experience and a record of delivering superior results,” stated Mr. Lalonde. “Resolute’s wood products business, already the largest east of the Canadian Rockies, will continue to be a focus of growth, and Hugues possesses the right skill-set and drive to propel the business forward.”

About Resolute Forest Products

Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products, newsprint and specialty papers, which are marketed in close to 70 countries. The company owns or operates some 40 facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange. Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development, as well as for its business practices. Visit www.resolutefp.com for more information.

Contact:

Marianne Limoges – Treasurer & Vice President Investor Relations – ir@resolutefp.com – (514) 394-2217

Source: Resolute Forest Products Inc.