Sylvamo (SLVM) - 2024 Q1 - Quarterly Results

Exhibit 99.1 NEWS RELEASE Sylvamo First Quarter Results Meet Expectations, Strong Second Quarter Outlook Reflects Improving Conditions MEMPHIS, Tenn. – May 10, 2024 – Sylvamo (NYSE: SLVM), the world's paper company, is releasing first quarter 2024 earnings. Financial Highlights - First Quarter vs. Fourth Quarter • Adjusted EBITDA of $145 million to $160 million • Compared to the first quarter: ◦ Price and mix are expected to increase by $15 million to $20 million, primarily reflecting prior price increases ...