JACKSONVILLE, Fla. -- (Business Wire)

Rayonier Advanced Materials Inc. (NYSE: RYAM) today announced the completion of the grant of the employment enducement award to Daniel M. Krawczyk, President and Chief Executive Officer, as previously disclosed in the Company's current report on Form 8-K filed with the Securities and Exchange Commission (the "Commission") on June 22, 2026.

Mr. Krawczyk was awarded 202,184 leveraged performance units (“LPUs”), at target, effective June 23, 2026, with the actual number of LPUs earned to be determined based on the Company’s level of achievement of stock price growth over a three year performance period, as determined pursuant to the terms of the award agreement. Under the award, if share price growth is less than 25%, no LPUs will vest; if such growth is at the threshold level of 25%, 50% of the LPUs vest; if such growth is at the target level of 50%, 100% of the LPUs vest; and if such growth is at or above the maximum level of 100%, 250% of the LPUs vest, with interpolation between threshold and target, and target and maximum. The number of earned LPUs will be subject to a value cap of 15x the initial grant value. Any shares issued upon vesting will be subject to a one-year post-vesting holding requirement. A copy of the award agreement is filed as an exhibit to the Company’s Registration Statement on Form S-8 filed with the Commission on June 23, 2026, which is available on the Company's website and at www.sec.gov.

The inducement award was approved by the Compensation and Management Development Committee and the independent members of the Board of Directors as a material inducement to Mr. Krawczyk's employment with the Company in accordance with New York Stock Exchange Listed Company Manual Rule 303A.08. The Company is issuing this press release to satisfy the public announcement requirement of Rule 303A.08.

About RYAM

RYAM is a global leader of high purity cellulose commonly used in the production of filters, food, pharmaceuticals, high performance plastics, propellants and various other industrial applications. RYAM’s specialized assets, capable of creating the world’s leading cellulose specialties products, are also used to produce cellulose viscose pulp, cellulose fluff pulp, paperboard, high yield pulp and various value-added co-products, including biofuels, bioelectricity and lignin. With manufacturing operations in the U.S., Canada and France, RYAM generated $1.5 billion of revenue in 2025. More information is available at www.RYAM.com.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release may constitute forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which can be identified by words such as “may”, “intend”, “believe”, “expect”, “anticipate”, “continue”, or other comparable words and references to future periods. These statements involve a number of risks and uncertainties and RYAM cautions that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Readers are urged to carefully review and consider the various disclosures, including but not limited to risk factors contained in RYAM’s Annual Report on Form 10-K and its quarterly reports on Form 10-Q, as well as other filings with the securities commissions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260625003068/en/

Contacts:

Media: Ryan Houck, 904-357-9134
Investors: Daniel Bradley, 904-549-7396

Source: Rayonier Advanced Materials Inc.