Klabin S A : Minutes of Board of Directors Meeting
February 09, 2022 at 03:28 am IST
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KLABIN S.A.
CNPJ/MF n 89.637.490/0001-45
NIRE 35300188349
EXCERPT FROM THE MINUTES OF THE BOARD OF DIRECTORS' MEETING
HELD ON FEBRUARY 8, 2022
Date, time and place: On the eighth (8th) day of February 2022, at 11:00 am, the Board of Directors of Klabin S.A. ("Company") headquartered at Avenida Brigadeiro Faria Lima, No. 3.600, 5º andar, in the city of São Paulo, State of São Paulo held a meeting through teleconference.
Notice: The directors were previously convened pursuant to article 18 of the
Bylaws.
Attendance: All the members of the Board of Directors were present.
Agenda: to resolve on the expansion of the corrugated boxes conversion unit located in Horizonte, Ceará ("Project").
Matters and resolutions taken: The board members approved the investment in the total amount of up to BRL 188 million (one hundred and eighty-eight million Brazilian Reais) to expand the corrugated boxes conversion unit located in Horizonte, Ceará. The Project, which includes the acquisition of a corrugator and a printer, in addition to the transfer of two printers from the Goiana (PE) unit, aims to serve, mainly, the growing fruit market in the northeast region of Brazil. With an incremental production capacity of 80 thousand tons of corrugated cardboard per year, the Project is scheduled to start-up in the first quarter of 2023.
7. Closing: There being no further business to approach, the meeting was closed, and these minutes were drawn up which was read, approved and signed by the attending Members and by the Secretary.
São Paulo, February 08, 2022.
Wolff Klabin - Chairman, Fábio Fernandes Medeiros - Secretary, Daniel Miguel Klabin, Horacio Lafer Piva, Roberto Klabin Martins Xavier, Alberto Klabin, Celso Lafer, Paulo Sergio Coutinho Galvão Filho, Roberto Luiz Leme Klabin, Camilo Marcantonio Junior, Sérgio Francisco Monteiro de Carvalho Guimarães, Vera Lafer, Francisco Lafer Pati and Mauro Rodrigues da Cunha.
I certify that the above text is an excerpt from the minutes of the Board of Directors' Meeting dated February 8, 2022, at 11:00 am, drawn up in separate book.
_____________________________
Fábio Fernandes Medeiros
Secretary
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Klabin SA published this content on 08 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 21:56:57 UTC.
Klabin S.A. and its subsidiaries operate in segments of the paper and pulp industry, supplying the domestic and foreign markets with wood, packaging paper, paper sacks, corrugated cardboard boxes and pulp. The Company's segments include Forestry, Paper, Conversion and Pulp. The Forestry segment involves operations relating to planting and growing pine and eucalyptus trees to supply its plants, and involves selling timber to third parties in the domestic market. The Paper segment involves the production and sale of cardboard, kraftliner and recycled paper rolls in the domestic and foreign markets. The Conversion segment involves the production and sale of corrugated cardboard boxes, corrugated cardboard and industrial sacks in the domestic and foreign markets. The Pulp segment includes the production and sale of short fiber bleached pulp, long fiber bleached pulp and fluff pulp in the domestic and foreign markets. The Company has over 20 industrial units in Brazil and Argentina.
KLABIN S.A. 
