March 7, 2021

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Resolute Announces Appointment of Sylvain A. Girard as Chief Money Officer

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MONTRÉAL, Jan. 18, 2021 /PRNewswire/ – Resolute Forest Products and solutions Inc. (NYSE: RFP) (TSX: RFP) these days announced that Sylvain A. Girard will join the firm and be appointed as senior vice president and chief financial officer as of March 2, 2021. His expression will get started the day just after Remi G. Lalonde, presently Resolute’s senior vice president and main money officer, assumes the posture of president and chief govt officer. Mr. Girard will report to Mr. Lalonde.  

With over 25 decades of world monetary and management practical experience, which include practically 20 a long time tenure in unique chief money officer roles, Mr. Girard is a seasoned finance professional with considerable world experience. He has a established file of delivering benefits and main bold transformations.

Mr. Girard most a short while ago served as executive vice president and main economic officer of SNC-Lavalin Group Inc. Formerly, he held senior executive positions in finance with SNC-Lavalin, subsequent 22 a long time with General Electric powered Company, where by he held a number of positions of raising scope and responsibilities, like 14 several years as main money officer in the financial and healthcare sectors of GE in Europe as effectively as 5 a long time with GE’s inside audit team, accomplishing economical and approach audits across the business. He graduated from McGill College in 1992 with a bachelor of commerce in finance and intercontinental business enterprise.  

“I am enthusiastic to welcome Sylvain to Resolute,” mentioned Mr. Lalonde. “We will reward from his comprehensive finance leadership encounter and his demonstrated track record of driving transform. Sylvain is a terrific addition to our government group and joins at an important time in our possess transformation, and I am confident he will assistance to make a change as of working day a person. He will be a beneficial small business husband or wife as we strive to speed up the evolution of our small business to produce long-phrase value for our shareholders and to generate sustainable economic activity in the communities where we operate.”&#13

Cautionary Statements Concerning Ahead-On the lookout Info

Statements in this press launch that are not noted financial outcomes or other historic information and facts are “forward-hunting statements” in the meaning of the Personal Securities Litigation Reform Act of 1995. They incorporate, for example, statements about the anticipated long run financial results and strategic transformation of the organization. Forward-on the lookout statements may perhaps be recognized by the use of forward-looking terminology this kind of as the terms “will,” “could,” “might,” “need to,” “consider,” “be expecting,” “proceed,” “strive,” and other terms with comparable indicating indicating probable future situations or likely impact on our business enterprise or our shareholders.

The reader is cautioned not to area undue reliance on these ahead-on the lookout statements, which are not assures of long run effectiveness. These statements are centered on Resolute’s management’s latest assumptions, beliefs, and expectations, all of which involve a quantity of small business challenges and uncertainties that could lead to actual effectiveness or results to vary materially from people expressed or implied in this push release. The potential pitfalls and uncertainties that could cause Resolute’s real potential economical situation, effects of functions and functionality to differ materially from those people expressed or implied in this push release consist of, the prospective hazards and uncertainties described beneath the heading “Threat Components” in Element I, Product 1A of Resolute’s yearly report on Sort 10-K for the year ended December 31, 2019, which have been heightened by the COVID-19 pandemic, together with relevant governmental responses and economic impacts, market disruptions and modifications in buyer habits, and which should really be study in conjunction with the COVID-19 danger factor update set forth under the heading “Hazard Things” in Portion II, Product 1A of the firm’s quarterly report on Type 10-Q for the quarter ended September 30, 2020.

All forward-on the lookout statements in this press release are expressly competent by the cautionary statements set out or referred to higher than and in Resolute’s filings with the U.S. Securities and Trade Fee and the Canadian securities regulatory authorities. Resolute disclaims any obligation to publicly update or revise any forward-on the lookout data, regardless of whether as a final result of new details, long run activities or otherwise, except as necessary by regulation.

About Resolute Forest Merchandise&#13

Resolute Forest Products is a worldwide chief in the forest products marketplace with a various vary of products and solutions, like marketplace pulp, tissue, wooden products and solutions and papers, which are marketed in close to 70 nations around the world. The business owns or operates some 40 amenities, as perfectly as energy era property, in the United States and Canada. Resolute has third-bash qualified 100{23996c8f5258275f450f40d5a867c22ad72c04895f28059581bc525cc6cb4bd0} of its managed woodlands to internationally recognized sustainable forest management requirements. The shares of Resolute Forest Merchandise trade under the inventory image RFP on each the New York Inventory Trade and the Toronto Inventory Exchange.

Resolute has received regional, North American and worldwide recognition for its leadership in company social duty and sustainable progress, as nicely as for its business practices. Go to www.resolutefp.com for far more information and facts.

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Resource Resolute Forest Products Inc.

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