MISSISSAUGA, Ontario (News release) -- KP Tissue Inc. which has a limited equity interest in Kruger Products Inc. (the "Company"), announced May 31 that the 482 unionized employees at its Crabtree plant and Joliette warehouse, have commenced a strike yesterday at 10:00 p.m.

"We are disappointed by the union's decision to strike as we have been negotiating in good faith with the union since September, 2023. We have always treated our employees fairly and provided them with a competitive compensation package for our industry and the viability of our plant. We trust that the union will return to the bargaining table so that we can conclude a new collective agreement that is in the best interest of all parties." stated Dino Bianco, CEO of the Company.

The Company has activated its contingency plan including leveraging its 9 other plants in its network to ensure the ongoing supply of tissue products to its customers.

About KP Tissue Inc. (KPT)
KPT was created to acquire, and its business is limited to holding, a limited equity interest in Kruger Products, which is accounted for as an investment on the equity basis. KPT currently holds a 12.8% interest in Kruger Products. For more information visit www.kptissueinc.com.