NOTICE OF PUBLIC HEARING ON PROPOSED EXEMPT FACILITY BONDS (DOMTAR PROJECT) SERIES 2025 TO BE ISSUED BY THE NORTH CAROLINA AGRICULTURAL FINANCE AUTHORITY Notice is hereby given that the designated hearing officer for the Board of the North Carolina Agricultural Finance Authority (the "Authority") will hold a public hearing on October 30, 2025, with regard to the proposed issuance of its exempt facility bonds to finance a solid waste disposal facility, as defined in Section 142(a)(6) of the Internal Revenue Code of 1986, as amended (the "Code"), or a sewage facility, as defined in Section 142(a)(5) of the Code, in one or more series or issuances, from time to time, as part of a plan of finance (the "Bonds") in an aggregate principal amount not to exceed $151,454,540. The proceeds of the Bonds will be loaned to Domtar Paper Company, LLC, a Delaware limited liability company, or an affiliated or related entity (the "Company"), to (a) finance, including through reimbursement, the costs of the design, construction, renovation, installation and equipping of an existing softwood fluff pulp production facility which produces softwood pulp from thinnings, rejected timber and sawmill waste (the "Plymouth Mill"), including without limitation, pulp drying and roll handling systems, improvements to equipment, and construction of a tall oil plant (collectively, the "Project"), (b) fund capitalized interest on the Bonds, (c) fund any required reserves for the Bonds and (d) pay all or a portion of the costs of issuance of the Bonds. The Project is and will be located at 1375 NC Highway 149, Plymouth, North Carolina 27962 in Martin County, North Carolina and will be owned and/or operated by the Company. The Bonds, when and if issued by the Authority, will be issued pursuant to Chapter 122D of the General Statutes of North Carolina and shall not be a debt of the Authority, the State of North Carolina (the "State"), or any political subdivision thereof and none of the Authority, the State, or any political subdivision thereof shall be liable thereon, nor in any event shall such Bonds be payable out of any funds or properties other than those of the Authority derived solely from payments made by the Company. The public hearing, which may be continued or adjourned, will be held on October 30, 2025, at 10:00 a.m. (or as soon thereafter as the hearing may be held), in the Authority's Board room located at 1101 Spring Forest Road, Raleigh, NC 27615. Any person interested in the issuance of the Bonds, the Project or the proposed plan of finance may appear and be heard at the public hearing. Any person wishing to comment in writing on the Project, the issuance of the Bonds or the proposed plan of finance should do so within seven days of the publication of this notice by sending such comments to the North Carolina Agricultural Finance Authority, 1101 Spring Forest Road, Raleigh, NC 27615, Attention: Interim Executive Director. NORTH CAROLINA AGRICULTURAL FINANCE AUTHORITY By: Susan Marcks, Interim Executive Director IPL0283080 Oct 20 2025