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Cascades Reports Results for the First Quarter of 2021 News provided by Share this article Volume headwinds in Tissue limit consolidated performance KINGSEY FALLS, QC, May 6, 2021 /PRNewswire/ - Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended March 31, 2021. Q1 2021 Highlights (comparative figures have been restated to reflect discontinued operations 2 ) Sales of $1,182 million (compared with $1,242 million in Q4 2020 (-5%) and $1,265 million in Q1 2020 (-7%)) As reported (including specific items) Operating income of $52 million (compared with $113 million in Q4 2020 (-54%) and $87 million in Q1 2020 (-40%)) Operating income before depreciation and amortization (OIBD) 1 of $128 million (compared with $183 million in Q4 2020 (-30%) and $157 million in Q1 2020 (-18%))

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