Mercer Announces Downtime at its Peace River Mill

Mercer International Inc. (“Mercer” or the “Company”) announced that its Peace River mill has taken downtime to complete necessary repairs to the mill’s digester after experiencing a mechanical failure. The Company currently expects the repairs and related assessments will be completed in mid-October 2024, and anticipates that NBHK production at the mill will be reduced by approximately 45,000 tonnes during such period. The Company maintains property and business interruption insurance for the Peace River mill and expects the repairs and business interruption will be covered by such insurance, subject to customary deductibles and limits.

About Mercer International

Mercer International Inc. is a global forest products company with operations in Germany, USA and Canada with consolidated annual production capacity of 2.1 million tonnes of pulp, 960 million board feet of lumber, 210 thousand cubic meters of CLT, 45 thousand cubic meters of glulam, 17 million pallets and 230,000 metric tonnes of biofuels. To obtain further information on the company, please visit its website at https://www.mercerint.com.

Contact:

William D. McCartney – Chairman – (604) 684-1099

Source: Mercer International Inc.