Integrated report 2018, no change statement and notice of annual general meeting Sappi Limited (Incorporated in the Republic of South Africa) Registration number: 1936/008963/06 JSE share code: SAP ISIN code: ZAE000006284 (‘Sappi’ or ‘the Company’) 14 December 2018 INTEGRATED REPORT 2018, NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that the Integrated Report for the year ended September 2018 will be dispatched to shareholders on 14 December 2018 and will also be available online on 14 December 2018 on the Sappi website (www.sappi.com/annual-reports). The audited Annual Financial Statements are not included in the Integrated Report, but are available on the Sappi website (www.sappi.com/annual-reports). The audited Annual Financial Statements contain no material modifications to the reviewed preliminary results for the year ended September 2018 which were published on SENS on 15 November 2018. The Annual Financial Statements have been audited by Sappi’s auditors, KPMG. Their unqualified report is available for inspection at the Company's registered office. NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Annual General Meeting of shareholders of Sappi will be held at the registered office of the Company in the Oxford Room, Ground Floor, 108 Oxford Road, Rosebank, Johannesburg (entrance in 9th Street), South Africa on Wednesday 06 February 2019 at 14:00 to transact business as stated in the Notice of the Annual General Meeting forming part of the Integrated Report. BROAD-BASED BLACK ECONOMIC EMPOWERMENT CERTIFICATE Page 2 of 2 Shareholders are hereby notified that in accordance with the JSE Listings Requirements, Sappi’s compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Act 46 of 2013, has been published and is available on the Group's website, www.sappi.com Rosebank 14 December 2018 Sponsor to Sappi: UBS South Africa (Pty) Ltd www.sappi.com Date: 14/12/2018 03:04:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.