• UPM plans a graphic paper joint venture with Sappi, with management nominees selected ahead of expected closing.
• Gunnar Eberhardt nominated as CEO; Stephen Blyth nominated as CFO, subject to regulatory clearances and completion of the transaction.
• European Commission merger review is in Phase II; final regulatory decisions expected by end-2026.
• Definitive agreements were signed in May 2026; the venture is set to become operational on closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UPM-Kymmene Oyj published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.