UPM Annual Report 2022

BUSINESSES

UPM

BEYOND FOSSILS

RESPONSIBILITY

GOVERNANCE

ACCOUNTS FOR 2022

OUR BUSINESSES

BUSINESS AREAS UPM Fibres

36 42 44 46 48 50

UPM Energy UPM Raflatac

UPM Specialty Papers

UPM Communication Papers

UPM Plywood

OTHER OPERATIONS UPM Biorefining - UPM Biofuels UPM Biorefining - UPM Biochemicals UPM Biorefining - UPM Biomedicals UPM Biorefining - UPM Biocomposites

52 54 56 57

A sense of belonging is an essential part of our employee experience and an important goal. ACTIONS FOR THE FUTURE

34

35

UPM ANNUAL REPORT 2022

UPM ANNUAL REPORT 2022