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RECOMMENDED CASH OFFER for SCAPA GROUP PLC by AMS HOLDCO 2 LIMITED

SWM SWM”), and the Directors of Scapa Group plc (“ Scapa”) are pleased to announce that they have reached agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the “ Offer”). The Offer is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the “ Scheme”).                                                                                         for each Scheme Share            210 pence in cash The terms of the Offer value the entire issued and to be issued ordinary share capital of Scapa at approximately £402.9 million on a fully-diluted basis and represent premia of approximately:

Investegate |Schweitzer-Mauduit Announcements | Schweitzer-Mauduit: RECOMMENDED CASH OFFER FOR SCAPA GROUP PLC

an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc. to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 Summary · The board of directors of AMS Holdco 2 Limited ( SWMBidco ), an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc. ( SWM ), and the Directors of Scapa Group plc ( Scapa ) are pleased to announce that they have reached agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the Offer ). The Offer is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the Scheme ).

RECOMMENDED CASH OFFER for SCAPA GROUP PLC by AMS HOLDCO 2 LIMITED | Comunicados | Edición USA

SWM SWM”), and the Directors of Scapa Group plc (“ Scapa”) are pleased to announce that they have reached agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the “ Offer”). The Offer is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the “ Scheme”).                                                                                         for each Scheme Share            210 pence in cash The terms of the Offer value the entire issued and to be issued ordinary share capital of Scapa at approximately £402.9 million on a fully-diluted basis and represent premia of approximately:

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