SCA's presentation from the ABG Consumer Seminar in Stockholm March 21 2012, held by Mats Berencreutz, Executive Vice President.

1. ABG Consumer Seminar
Mats Berencreutz, Executive Vice President

2. SCA Group
A global hygiene products and paper company
 Net sales SEK 106bn
 44,000 employees and sales in more than 100 countries
 World’s third largest hygiene products company
 TEN and Tork leading global brands for incontinence care and
Away-From-Home tissue
 Europe’s largest private forest owner
 Europe’s second largest packaging company*
* In January 2012 SCA announced that the Packaging business, excluding the two kraftliner mills, are being divested
2 21 March 2012

3. SCA Group
Net sales 2011
Forest Products Net sales Personal Care
16% 23%
25%
36%
Packaging* Tissue
* In January 2012 SCA announced that the Packaging business, excluding the two kraftliner mills, are being divested
3 21 March 2012

4. SCA Group
Hygiene business is growing
% of net sales
~20%*
54% 40%
46% 60% ~80%*
Forest Products and Hygiene products
Packaging (Personal Care and Tissue)
* Provided that the Packaging divestment and the acquisition of Georgia-Pacific’s European tissue business are closed according to plan.
4 21 March 2012

5. Leading market positions
Global and regional
North America
Europe
AFH tissue: 3
Tissue: 1
Incontinence care: 3
Corrugated board: 2
Baby diapers: 3
Incontinence care: 1
Mexico Privately owned forests: 1
Incontinence care: 1 Solid-wood products: 2
Tissue: 2
Feminine care: 1
Baby diapers: 3 Global
Incontinence care: 1
Colombia
AFH tissue: 2 Australia
Incontinence care: 1
Feminine care: 1 Feminine care: 1
Tissue: 1 Incontinence care: 1
Tissue: 2
5 21 March 2012

6. Strong global and regional brands
Two global billion EUR brands
Eastern Europe
Europe
North America
Asia Pacific
Latin America
6 21 March 2012

7. Key events
 Acquisition of Georgia-Pacific’s European tissue
operations
 Divestment of the Packaging business, excluding the two
kraftliner mills
 Acquisitions in emerging markets
 Binding offer to acquire Asian hygiene products company
 Established joint venture in Australasia
 Efficiency program
 New hygiene organization
 Wind power joint venture with Fred.Olsen Renewables
7 21 March 2012

8. Acquisition of Georgia-Pacific’s
European tissue operations
 Creates a leading European tissue
company
 Strengthens our product offering and
geographic reach
 Offered price: EUR 1.32bn
 Sales: EUR 1.25bn
 Annual synergies: EUR 125m
 With fully realized synergies earnings per
share are expected to increase with
approx. SEK 1.70
 Closing expected in Q2 2012
8 21 March 2012

9. Substantial synergies
 Increased supply chain efficiency
 Optimization of logistics
 More efficient sourcing
 Improved SG&A and A&P efficiency
 Annual synergies: EUR 125m
 Improves Tissue EBIT margins by
2-2.5 percentage points
 Full effect in 3 years after closing
 Related costs: EUR 130m
9 21 March 2012

10. Enhances SCA’s presence
In both Consumer tissue and AFH tissue
European Consumer tissue market
25% SCA SCA and GP
35%
European AFH tissue market
SCA and GP
SCA
20% 30%
10 21 March 2012

11. Increased share of branded sales
In Consumer tissue
SCA’s Consumer tissue sales
SCA SCA and GP
Retailers’
Branded brands Branded
Retailers’ 40% 50%
brands
11 21 March 2012

12. Divestment of Packaging
Supports SCA’s strategy
 Divestment of Packaging to DS Smith
 Enables increased growth in the hygiene business
 SCA’s two kraftliner mills in Sweden are not included
 Purchase price: EUR 1.7bn
 Sales: SEK 24.4bn
 Earnings per share decrease by SEK 0.73*
 Closing is expected in Q2 2012
* Based on the net profit for 2011
12 21 March 2012

13. Binding offer to acquire Everbeauty
Leading Asian personal care company
 Sales: SEK 1.6bn*
 Sales split: baby diapers 60% and incontinence
products 40%
 Purchase price: SEK 1.9bn
 Sales in China, Taiwan and Southeast Asia
 Strong brands, market positions and distribution
• Incontinence care products
• No. 2 in China and No. 1 in Taiwan
• Baby diapers
• No. 5 in China and Taiwan
 Closing expected during summer 2012
* 2010 sales
13 21 March 2012

14. Strategic focus areas
14 21 March 2012

15. Efficiency
 Restructuring program in baby diapers in
Europe finalized
 Efficiency program
 Mainly related to Personal Care and Tissue
 Annual cost savings: SEK 700m
 Gradual impact during 2012-2013
 Annualized savings in Q4 2011: SEK 200m
 New hygiene organization
 Investments in new capacity and upgrades
15 21 March 2012

16. Innovation
Strengthens market positions and profitability
16 21 March 2012

17. Growth
 Acquisition of Georgia-Pacific´s European tissue operations
 High growth in emerging markets
 Acquisition in Brazil
 Pro Descart, No. 2 in incontinence products
 Acquisitions in Turkey
 San Saglik 95%, No. 2 in incontinence products
 Komili 50%, No. 4 in baby diapers and feminine
care products
 Binding offer to acquire Asian personal
care company
 New hygiene organization
 Wind power joint venture with Fred.Olsen
Renewables
 Investments in new capacity and upgrades
17 21 March 2012

18. Growth
Growth potential for hygiene products
 Global population growth
 An aging population
 Increased market penetration
 Higher disposable income
 Customers and consumers demand
more comfort and sustainability
18 21 March 2012

19. Growth
High potential in markets with low penetration
Usage of hygiene products
Units/capita/year Units/child/year Units/woman/year Kg/capita/year
North America Western Europe Eastern Europe Latin America Asia
19 21 March 2012

20. Growth
High growth in Emerging markets
2011
Emerging markets sales growth:
Personal Care: +13%*
Tissue: +10%*
% of Personal Care sales % of Tissue sales
Emerging markets 16% Emerging markets
32%
Mature markets Mature markets
* Adjusted for exchange rate movements
20 21 March 2012

21. Q&A
21 21 March 2012

22. IR Contacts:
Johan Karlsson, VP Investor Relations Jessica Ölvestad, Manager Investor Relations
Tel: +46 8 788 51 30 Tel: +46 8 788 52 82
Email: ir@sca.com Website: www.sca.com