Nordic Seminar, New York20 May 2010Jan Johansson, President and CEOLennart Persson, CFO

20 May 2010

2

SCA – a global hygiene products and paper company

Net sales of SEK 111bn

Approximately 50,000 employees and sales in more than 100 countries

TEN and Tork leading global brands for incontinence care and Away From Home tissue

Ranked 2nd greenest company in the world, one of the world’s 100 most sustainable companies and one of the world’s most ethical companies, included in the Dow Jones Sustainability indexes

20 May 2010

33333

Forest Products

Packaging Tissue

Personal Care

37%25%

15% 23%

Sales 2009: SEK 111bn

SCA GroupSales and EBIT split 2009

32%

39%

25%

4%

Sales splitEBIT splitEBIT split

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444

Strong global and regional positions

GlobalIncontinence care: 1AFH tissue: 3

Nordic region

Baby diapers: 1

EuropeTissue: 1Corrugated board: 2Baby diapers: 3Incontinence care: 1Privately owned forests: 1Mexico

Hygiene products: 2

ColombiaIncontinence care: 1Feminine care: 1Tissue: 1

4

AustraliaFeminine care: 1Incontinence care: 1Tissue: 2

North AmericaAFH tissue: 3Incontinence care: 3

20 May 2010

SCA Group Strategic Direction

1. 2. 3.

4.

5 20 May 2010

6

GrowthHigh potential in markets with low penetration

Usage of hygiene products

Units/capita/year Units/child/year Units/woman/year

Western Europe Eastern Europe Latin America AsiaNorth America

Kg/capita/year

Penetration in mature markets around 35%

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77

Strong SCA positionsGood market growthFavourable socio-demographics

Joint venture

Good market growthFavourable socio-demographics

Our growth markets

Market tests of Incontinence care products and Baby diapers

20 May 2010

8

Q1 2010Market update

Significantly increased raw material pricesOCC +140%Recovered paper US +80%Recovered paper Europe +30%Pulp +40%

Hygiene businessesStable demand

Packaging and Forest ProductsIncreased demand from low levels for packaging

• Western European demand +3%*Good market balance for solid-wood productsEuropean demand for publication papers:

• Magazine paper (SC and LWC) +4%• Newsprint +2%

* Year to date February 2010 vs 2009

20 May 2010

9

30

40

50

60

70

80

90

100

110

120

-00 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10OCC PIX

EUR/t

9

400425450475500525550575600625650675700725750775800825850875900925950

-98 -99 -00 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10

NBSK PIX Value

USD/Metric tonne

NBSK pulp

Significantly increased raw material prices

0

50

100

150

200

250

300

350

400

450

-93 -94 -95 -96 -97 -98 -99 -00 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10

USD/short ton

High grade deinking OCC

Recovered paper - USA

March 2009 – USD 578March 2010 – USD 879

March 2009 – EUR 39March 2010 – EUR 102

February 2009 – USD 166February 2010 – USD 303

USD/short ton

USD/metric ton EUR / ton

OCC

20 May 2010

10

Q1 2010 results

* Adjusted for Packaging restructuring costs** Adjusted for Packaging restructuring costs and exchange rate movements

EBIT decreased 1%** Higher volumesSynergies and cost savingsHigher raw material costsLower prices

Profit before tax increased 16%*Lower finance net

SEK millions Q1 Q1 Change, Change, Q4 unless otherwise stated 2010 2009 % %** 2009

Net sales 26,722 28,327 -6 1 27,507

EBIT* 2,027 2,136 -5 -1 2,568

EBIT margin* (%) 7.6 7.5 9.3

Profit before tax* 1,748 1,511 16 20 2,280

Earnings per share (SEK) 1.53 1.58 -3 1.72

Cash flow from current operations 1,148 1,640 -30 2,544

Debt/Equity ratio 0.57 0.70 0.60

20 May 2010

11

Reduced net debtAnd improved debt payment capacity

%SEKm

25%

32%33% 33%

35%

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12

Sales decreased 6% (0%*)Incontinence care up 3%*Feminine care up 9%*Baby diapers -9%*

EBIT increased by 5% (9%*)Higher volumesLower pricesLower raw material cost Higher marketing costs

Personal CareQ1 2010 vs Q1 2009

-6%

10.9%12.1%

5%

SALES SEKm

EBIT SEKm

6,4766,109

704737

Q1 2010 Q1 2009

EBIT margin

Q1 2010 Q1 2009

* Adjusted for exchange rate movements

20 May 2010

13

TissueQ1 2010 vs Q1 2009

-7%

EBIT margin 8.3%7.3%

-18%

10,4669,728

864710

SALES SEKm

EBIT SEKm

Q1 2010 Q1 2009

Q1 2010 Q1 2009

Sales decreased 7% (0%*)Consumer tissue -3%*AFH-tissue increased 6%*

EBIT decreased by 18% (-13%*)Higher volumesLower energy and distribution costsAcquisition synergiesLower pricesHigher raw material costs

* Adjusted for exchange rate movements

20 May 2010

14

PackagingQ1 2010 vs Q1 2009

-3%

1.1%2.6%**

137%**

7,4957,253

81

192**

SALES SEKm

EBIT SEKm

EBIT margin

Q1 2010 Q1 2009

Q1 2010 Q1 2009

Sales decreased by 3% (7%*)Higher prices and volumes

EBIT increased by 137%** (152%***)Higher prices and volumesSavings from restructuring programIncreased raw material costs

* Adjusted for exchange rate movements and the closure of the New Hythe testliner mill in the UK** Adjusted for restructuring costs*** Adjusted for restructuring costs and exchange rate movements

20 May 2010

15

Forest ProductsQ1 2010 vs Q1 2009

-5%

EBIT margin 13.5%11.8%

-16%

4,3334,110

583487

SALES SEKm

EBIT SEKm Q1 2010 Q1 2009

Q1 2010 Q1 2009

Sales decreased by 5% (-3%*)Publication papers

• Higher volumes• Lower prices

Solid-wood products• Higher volumes• Higher prices

EBIT decreased by 16% (-16%*)Publication papers, decreased EBIT

• Lower prices

Solid-wood products, increased EBIT• Higher volumes• Higher prices

Pulp, increased EBIT• Higher prices

* Adjusted for exchange rate movements

20 May 2010

16

Outlook 2010Group

Improved general market conditionsEffects from price increases and cost reductions gradually during the second half 2010

Hygiene businessesGood demandHigh promotion activitiesIncreasing prices for Tissue

PackagingDemand improvementIncreasing prices

Forest ProductsSigns of small recovery from low level for publication papersPrice increases on magazine paperGood market balance for solid-wood products

20 May 2010

17 20 May 2010