KP Tissue Releases Second Quarter 2026 Financial Results

Mississauga, Ontario--(Newsfile Corp. - August 13, 2026) - KP Tissue Inc. (TSX: KPT) (KPT) reports the Q2 2026 financial and operational results of KPT and Kruger Products Inc. (Kruger Products). Kruger Products is Canada's leading manufacturer of quality tissue products for the Consumer market (Cashmere®, Purex®, SpongeTowels®, Scotties®, White Swan® and Bonterra®) and the Away-From-Home (AFH) market and continues to grow in the U.S. Consumer tissue business with the White Cloud® brand and premium private label products. KPT currently holds a 12.0% interest in Kruger Products.

Kruger Products Q2 2026 Business and Financial Highlights * Revenue was $550.9 million in Q2 2026 compared to $536.1 million in Q2 2025, an increase of $14.8 million or 2.8%. * Adjusted EBITDA(1) was $90.6 million in Q2 2026 compared to $72.5 million in Q2 2025, an increase of 25.0%. * Net income was unchanged at $22.1 million in Q2 2026 compared to $22.1 million in Q2 2025. * Declared a quarterly dividend of $0.21 per share to be paid on October 15, 2026. "We maintained strong momentum in the second quarter of 2026, highlighted by 25% year-over-year growth in Adjusted EBITDA(1) to $90.6 million," stated Kruger Products' and KP Tissue's Chief Executive Officer, Dino Bianco. "This double-digit growth, achieved against an uncertain economic environment, was mainly driven by higher sales volume in the U.S. and lower pulp prices. Revenue grew nearly 3% in the second quarter, reflecting heightened operational efficiency from Kruger PRO, our Away-From-Home business."