AGM 2012Jan Johansson, President and CEO

� Net sales of SEK 106bn

� 44,000 employees and sales in more than 100 countries

� World’s third-largest hygiene company

� TEN and Tork are leading global brands for incontinence care and AFH tissue

� Europe’s second-largest packaging company

� Europe’s largest private forest owner

� Europe’s second-largest sawmill company

222 AGM 2012

SCA Group in 2011

33

Forest Products

Packaging Tissue

Personal Care

36%

25%

16% 23%

AGM 2012

SCA GroupSales in 2011

Sales

3

AGM 2012

North America

AFH tissue: 3

Incontinence products: 3

Mexico

Incontinence products: 1

Consumer tissue: 2

AFH tissue: 3

Feminine care: 1

Baby diapers: 3

Colombia

Incontinence products: 1

Feminine care: 1

Tissue: 1

Nordic region

Incontinence products: 1

Baby diapers: 1

AFH tissue: 1

Consumer tissue: 2

Europe

Tissue: 1

Corrugated board: 2

Solid-wood products: 2

Baby diapers: 3

Incontinence products: 1

Private forest owners: 1

Asia

Incontinence products: 1

Globally

Incontinence products: 1

AFH tissue: 2

Leading market positions Globally and regionally

4

Results for 2011

SEKm Change, Change,

unless otherwise specified 2011 2010 % %**

Net sales 105,750 106,965 -1 4***

Operating profit* 9,224 9,608 -4 0

Operating margin* (%) 8.7 9.0

Profit before tax* 7,934 8,492 -7 -3

Earnings per share (SEK) 0.78 7.90

Cash flow from current operations 6,383 7,399

Debt/equity ratio 0.60 0.51

AGM 2012

* Excluding items affecting comparability

** Excluding exchange rate effects

*** Excluding divestments

5

5%*

11.7%10.7%

-9%

Sales

24,775 25,027

2,6452,922

2011 2010

Personal Care

Operating profit**

� Strong global leadership in incontinence products for the TENA brand

� 13% growth in developing countries

� Investment in local production of incontinence products in Russia

� Acquisitions in Brazil and Turkey

� Efficiency programme

� Increased raw material costs

2011 2010

SEKm

Operating margin**

AGM 2012

* Excluding exchange rate effects

** Excluding items affecting comparability

6

4%*

4%

39,87039,118

3,0413,150

Tissue

7.6%8.1%

� Increased market shares for Tork brand

� 10% growth in developing countries

� Efficiency programme

� Improved margin� Price increases and higher volumes

� Cost savings

SEKm

2011 2010

2011 2010

AGM 2012

Sales

Operating profit**

Operating margin**

* Excluding exchange rate effects

** Excluding items affecting comparability

7

1%*

14.3%11.6%

-18%

17,12317,180

2,4552,001

� New lime kiln at pulp mill in Östrand

� Upgrade of newsprint machine enables production of higher paper grades

� Higher raw material prices

� Negative exchange rate effects

� Forest – net growth of 1%

� Sales of FSC products increasing

SEKm

2011 2010

2011 2010

AGM 2012

Forest Products

* Excluding exchange rate effects

** Excluding items affecting comparability

Sales

Operating profit**

Operating margin**

8

8%**

5.9%7.2%

21%

26,83126,650

1,5771,909

� Market recovery

� Increased market prices

� Higher raw material prices

SEKm

2011 2010

2011 2010

* Net sales for SCA’s recycling business were reclassified to other income, with retroactive adjustment for 2010.** Excluding exchange rate effects and divestments

*** Excluding items affecting comparability

AGM 2012

Packaging

Sales*

Operating profit***

Operating margin***

9

Strategic changes

AGM 2012

�Acquisition of Georgia-Pacific’s European tissue operations

�Divestment of Packaging operations, excluding the two kraftliner mills in Sweden

10

� Creates a leading European tissue company

� Strengthens SCA’s product offering and geographic presence

� Sales: SEK 11.9bn

� Purchase price: SEK 12bn

� Annual synergies: SEK 1.1bn

� With full implementation of synergies, earnings per share are expected to increase by approximately SEK 1.70

Acquisition of Georgia-Pacific’s European tissue operations

AGM 201211

Divestment of Packaging operations

� Divestment of Packaging operations to DS Smith

� Excludes SCA’s two kraftliner mills in Sweden

� Sales: SEK 24.4bn

� Purchase price: SEK 15.3bn on a debt-free basis

� Earnings per share declines by SEK 0.73*

* Based on earnings for the period for 2011

AGM 201212

� Net sales of SEK 92bn

� 37,000 employees and sales in more than 100 countries

� World’s second-largest hygiene company

� TEN and Tork are leading global brands for incontinence care and AFH tissue

� Europe’s largest private forest owner

� Europe’s second-largest sawmill company

131313 AGM 2012

SCA GroupAfter completion of ongoing transactions

SCA Group’s strategic priorities

EFFICIENCY INNOVATION GROWTH

14 AGM 2012

Efficiency

AGM 2012

�Restructuring programme in baby diapers in Europe completed

�Efficiency programme �Mainly related to Personal Care and Tissue�Annual cost saving: SEK 700m�Gradual impact in 2012-2013

� Investments in upgrade of existing and new capacity

15

16

InnovationStrengthens market positions and profitability

AGM 2012

AGM 201217

AGM 2012

Princess Estelleuses Libero diapers and baby-care products

18

Growth�Organic growth of 4% in 2011 compared with 2010�High growth in emerging markets

�Personal Care +13%�Tissue +10%

�Acquisition in Brazil � Pro Descart, No. 2 in incontinence care

�Acquisition in Turkey� San Saglik 95%, No. 2 in incontinence care� Komili 50%, No. 4 in baby diapers and feminine care

�Binding offer to acquire Everbeauty –Taiwanese/Chinese incontinence care and baby diaper company

� Continued expansion of wind power opportunities�Ongoing projects totalling 4 TWh

AGM 201219

Sustainability is business-critical Value creation for people, nature and business

Sustainability strategy is an integral part of business operations

Nature People

Economy

20 AGM 201220

Årsstämma 201221