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Based on consensus from external analysts. Not Kvantra's opinion.

Klabin S.A., operating with its various subsidiaries, is a key participant in the global paper and pulp industry, conducting extensive business both within Brazil and internationally. Its operations are structured into four primary divisions: Forestry, Paper, Conversion, and Pulp. The Forestry division is responsible for cultivating and managing pine and eucalyptus plantations, alongside the sale of timber logs. In the Paper segment, the company produces and supplies large rolls of cardboard, kraftliner, and recycled paper. The Conversion division focuses on manufacturing and distributing corrugated packaging products, including boxes and sheets, as well as industrial bags. Furthermore, the Pulp segment handles the production and sale of different types of pulp, such as short fiber, long fiber, and fluffed pulp. Beyond its main paper and pulp operations, Klabin also engages in reforestation projects, the production of phytotherapeutic products, and the hotel business. Additionally, the company offers a range of services like port management, customized packaging solutions, and financial services, while also making investments in other companies. Klabin S.A. was established in 1899 and has its corporate headquarters located in São Paulo, Brazil.

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