KLABIN SA-SPONS ADR Business Summary

Klabin S.A. (KLBAY) is a vertically integrated Brazilian leader in the pulp and paper industry, operating through four primary business segments: Forestry, Pulp, Paper, and Packaging. The company generates revenue by managing a vast estate of over 545,000 hectares of pine and eucalyptus forests to produce timber, bleached pulp (short fiber, long fiber, and fluff), and a diverse range of packaging papers including kraftliner and coated board. Its downstream operations convert these materials into high-value corrugated boxes and industrial sacks, primarily serving the food, beverage, and hygiene sectors. Klabin distinguishes itself as the only producer in Brazil to offer all three types of pulp simultaneously and is the nation's largest exporter of packaging paper. It competes globally with major players such as Suzano, International Paper, and WestRock, maintaining a superior market position through its unique ability to pivot production between paper grades to optimize margins across cyclical demand shifts. Founded in 1899 by the Klabin and Lafer families, the company is currently led by CEO Cristiano Cardoso Teixeira, who has served since 2017 and was recognized as the 2025 Latin American CEO of the Year for his oversight of major expansion projects like Puma II. The executive leadership includes Maria Gabriela Woge Liguori, who assumed the role of Chief Financial and Investor Relations Officer on January 1, 2026, following a 20-year career at major Brazilian conglomerates including Votorantim and BRF. Other key executives include Douglas Dalmasi (Chief Packaging Business Officer) and Sandro Fabiano Avila (Chief Forestry Business Officer), while Francisco Cesar Razzolini recently transitioned out of his statutory role in July 2026. The Board of Directors is chaired by Amanda Klabin Tkacz, representing the founding family's continued stewardship alongside significant institutional investors such as BlackRock and the controlling Klabin Irmãos & Cia group.