Mr. Francois David reports

CASCADES ANNOUNCES NOTICE OF PARTIAL REDEMPTION FOR ITS 5.375% SENIOR NOTES DUE 2028

Cascades Inc. and its indirect wholly owned subsidiary, Cascades USA Inc., have issued a notice of partial redemption for $100-million (U.S.) aggregate principal amount of their co-issued 5.375 per cent senior notes due 2028. The redemption date is Sept. 4, 2026, and the redemption price is 100.000 per cent of the principal amount of the notes, plus accrued and unpaid interest on the notes redeemed to, but excluding, the redemption date.

Following the partial redemption, approximately $345-million (U.S.) aggregate principal amount of the notes will remain outstanding.

This partial redemption is consistent with the corporation's continuing capital allocation and debt management strategy, and will be financed with available liquidity.

This press release does not constitute a notice of redemption with respect to the notes.

About Cascades Inc.

Founded in 1964, Cascades offers sustainable, innovative and value-added packaging, hygiene and recovery solutions. The company employs close to 9,000 talented people across a network of 60 operating facilities in North America. Driven by its participative management, half a century of experience in recycling, and continuous research and development efforts, Cascades continues to provide innovative products that customers have come to rely on while contributing to the well-being of people, communities and the entire planet. Cascades' shares trade on the Toronto Stock Exchange under the ticker symbol CAS.

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