Date of

change

relevant

interest

Nature of

change (6)

given in relation

number of

securities

Person's votes

affected

chanaed

to change (7)

affected

23/

05 / 2017

Essity Aktiebolage. (publ) (formerly known as SCA Hvaiene AB)

Increase in voting power resulting from cancellation of shares as part of on market share buy back

Nil

196,396,028

SCA Group Holding BV

Class of securities (4)

Previous notice

Present notice

Person's votes

Voting power (5)

Person's votes

Voting power (5)

ORD

196,396,028

35.97%

196,396,028

36.161%

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

1. Details ofsubstantial holder (1)

Name

ACN/ARSN (if applicable)

Asaleo Care Limited

ACN 154 461 300

SCA Group Holding BV and its parent Svenska Cellulosa Aktiebolaget SCA (publ)

There was a change in the interests of the

substantial holder on 23 / 05 / 2017

The previous notice was given to the company on 23 / 12 / 2016

The previous notice was dated 21 / 12 / 2016

  1. Previous and present voting power

  2. Changes in relevant interests

  3. Present relevant Interests

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Person whose Consideration Class and

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of Registered Person entitled Nature of Class and

relevant holder of to be registered relevant number of Person's votes interest securities as holder (8) interest (6) securities

SCAGroup SCA Group Holding SCA Group Holding BV Ownership 196 396 028 196 396 028

Holding BV BV

Essity Deemed relevant interest

Aktiebolage+- No SCA Group Holding BV by virtue of relevant 196 396 028 NIA (publ) interest of its parent

company

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)

Nature of association

N/A

N/A

NIA

6. Addresses

The addresses of persons named in this form are as follows:

Name

Address

SCA Group Holding BV

Jodenbreestraat 152-154. NL-1011 NS Amsterdam , Netherlands

Essity Aktiebolaget(publ)

c/o SCA AB, Box 200, SE-101 23 Stockholm, Sweden

Svenska Cellulosa Aktiebolaget SCA (pub!)

P.O. Box 200, SE-101 23 Stockholm, Sweden

Signature

print name Ma s Beckm capacity

sign here date 'J..ft I c,5" I 2ct1-

DIRECTIONS

  1. Ifthere are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust) , the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the fonm.

  2. See the definition of "associate" in section 9 of the Corporations Act 2001.

  3. See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001 .

  4. The voting shares of a company constitute one class unless divided into separate classes.

  5. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

  6. Include details of:

    1. any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this fonm, together with a written statement certifying this contract, scheme or arrangement; and

    2. any qualification of the power of a person to exercise, control the exercise of.or influence the exercise of. the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

      See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

    3. Details of the consideration must include any and all benefits, money and other,that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency . Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions . even if they are not paid directly to the person from whom the relevant interest was acquired.

    4. If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown'".

    5. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

    Asaleo Care Limited published this content on 25 May 2017 and is solely responsible for the information contained herein.
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