Leadership message - Valli Moosa

Valli Moosa While specific strategic external trends represent risks, they are also opportunities to which we are responding with determination and commitment.

Dear stakeholders,

Sappi’s sustainability strategy builds on our 2020Vision, people and core assets and aims to create real value by contributing to business growth within the context of the constantly changing external environment in which we operate. Renewal, which is the theme for this year’s report, reflects our response to this environment―one which is characterised by rapidly evolving customer needs, shifting regulatory and investor requirements and escalating environmental concerns. The theme also showcases the success of our 2020Vision which is based on forest products renewal and intentionally evolving our business as we extract previously untapped value from woodfibre and unlock and commercialise the potential of woodfibre based bioproducts.

The more specific strategic external trends to which we are responding are set out in Key material issues – Strategic trends shaping our business in this report and include artificial intelligence, transparent supply chains, demographic shifts, ethical fashion, resource scarcity, anti- plastic sentiment and climate change.

Our strategy asks: what impact does our business have on People and Planet? and how can we positively impact the lives of People while treading more lightly on the Planet.

While these trends represent risks, they are also opportunities to which we are responding with determination and commitment. Meeting customer needs with new products, investing in innovation, establishing more transparent supply chains, treading more lightly on the Planet and developing our People are all building Sappi’s reputation and create a compelling business case to drive our sustainability strategy forward.

This highlights our fundamental belief that sustainable business is not about peripheral activities, but about core operations.

Valli Moosa
Chairman
Social, Ethics, Transformation and
Sustainability (SETS) Committee