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Full title: Chapter 11 Monthly Operating Report for the Month Ending: 07/31/2021 Filed by Gorham Paper and Tissue, LLC. (Katona, Shanti) (Entered: 08/23/2021)

Document posted on Aug 22, 2021 in the bankruptcy, 24 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Gorham Paper and Tissue, LLC § Case No. 20-12814 § § Debtor(s) § Paid Current Month Cumulative Month Cumulative .Paid Current Month Cumulative Month Cumulative . All professional fees and expenses (debtor & committees) $0 $766,603 $0 $982,048art 6: Postpetition Taxes Current Month Cumulative .Solenis LLC (677,061.22) (677,06 HireRight, LLC (165.91) (16 Hisco Pump Inc. (100.54) (10 Honeywell (2,195.62) (2,19 Industry Solutions Hubbard-Hall Inc. (3,540.60) (3,54 International (0.05) ( Forest Products, LLC- DIP Imerys Talc DIP (3.40) ( Integrity Express (1,300.00) (1,30 Logistics, LLC

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Document Contents

UNITED STATES BANKRUPTCY COURT For The DISTRICT OF Delaware n Re.Gorham Paper and Tissue, LLC § Case No. 20-12814 § § Debtor(s) § Jointly Administered onthly Operating Report Chapter 11 eporting Period Ended: 07/31/2021 Petition Date: 11/04/2020 onths Pending:9 Industry Classification: 3 2 2 1 eporting Method: Accrual Basis Cash Basis ebtor's Full-Time Employees (current): 0 ebtor's Full-Time Employees (as of date of order for relief): 0upporting Documentation (check all that are attached): For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor)Statement of cash receipts and disbursements Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit Statement of operations (profit or loss statement) Accounts receivable aging Postpetition liabilities aging Statement of capital assets Schedule of payments to professionals Schedule of payments to insiders All bank statements and bank reconciliations for the reporting period Description of the assets sold or transferred and the terms of the sale or transfer/ Adam R. Prescott, Esq. Adam R. Prescott, Esq. ignature of Responsible Party Printed Name of Responsible Party8/19/2021 Bernstein Shur Sawyer & Nelson, P.A. 100 Middle Street, P.O. Box 9729 ate Portland, ME 04104-5029 Address

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art 1: Cash Receipts and Disbursements Current Month Cumulative. Cash balance beginning of month $34,170 . Total receipts (net of transfers between accounts) $5,000 $3,580,840. Total disbursements (net of transfers between accounts) $6,768 $7,763,258. Cash balance end of month (a+b-c) $32,402 . Disbursements made by third party for the benefit of the estate $0 $7,326,966. Total disbursements for quarterly fee calculation (c+e) $6,768 $15,090,225art 2: Asset and Liability Status Current Month Not generally applicable to Individual Debtors. See Instructions.). Accounts receivable (total net of allowance) $10,767,475 . Accounts receivable over 90 days outstanding (net of allowance) $10,676,917. Inventory (Book Market Other (attach explanation)) $0 Total current assets $10,799,877 . Total assets $13,799,877 . Postpetition payables (excluding taxes) $214,488 . Postpetition payables past due (excluding taxes) $180,106 . Postpetition taxes payable $0 Postpetition taxes past due $0 Total postpetition debt (f+h) $214,488 . Prepetition secured debt $44,407,030 Prepetition priority debt $0 . Prepetition unsecured debt $19,341,853 . Total liabilities (debt) (j+k+l+m) $63,963,371 . Ending equity/net worth (e-n) $-50,163,494 art 3: Assets Sold or Transferred Current Month Cumulative . Total cash sales price for assets sold/transferred outside the ordinary course of business $0 $3,847,267 . Total payments to third parties incident to assets being sold/transferred outside the ordinary course of business $0 $4,512,669 . Net cash proceeds from assets sold/transferred outside the ordinary course of business (a-b) $0 $-665,401 art 4: Income Statement (Statement of Operations) Current Month CumulativeNot generally applicable to Individual Debtors. See Instructions.). Gross income/sales (net of returns and allowances) $0 . Cost of goods sold (inclusive of depreciation, if applicable) $0. Gross profit (a-b) $0 . Selling expenses $0 . General and administrative expenses $4,158 . Other expenses $0 . Depreciation and/or amortization (not included in 4b) $0 . Interest $10,926 . Taxes (local, state, and federal) $0 . Reorganization items $-536

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art 5: Professional Fees and Expenses Approved Approved Paid Current Paid Current Month Cumulative Month Cumulative . Debtor's professional fees & expenses (bankruptcy) Aggregate Total $0 $766,603 $0 $982,048Itemized Breakdown by Firm Firm Name Role i Bernstein, Shur (IOLTA) Lead Counsel $0 $286,449 $0 $375,000ii Polsinelli (IOLTA) Local Counsel $0 $120,904 $0 $150,000 iii Argus Management Other $0 $56,499 $0 $57,811 iv Reed Smith Other $0 $302,752 $0 $303,643 v Donlin-Recano Other $95,595 Approved Approved Paid Current Paid Current Month Cumulative Month Cumulative . Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total $0 $0 $0 $0Itemized Breakdown by Firm Firm Name Role i Other $0 $0 $0 $0 ii $0 $0 . All professional fees and expenses (debtor & committees) $0 $766,603 $0 $982,048art 6: Postpetition Taxes Current Month Cumulative . Postpetition income taxes accrued (local, state, and federal) $0 $0. Postpetition income taxes paid (local, state, and federal) $0 $0. Postpetition employer payroll taxes accrued $0 $198,256 . Postpetition employer payroll taxes paid $0 $198,256 . Postpetition property taxes paid $0 $831,708 . Postpetition other taxes accrued (local, state, and federal) $0 $0. Postpetition other taxes paid (local, state, and federal) $0 $0art 7: Questionnaire - During this reporting period: . Were any payments made on prepetition debt? (if yes, see Instructions) Yes No. Were any payments made outside the ordinary course of business Yes Nowithout court approval? (if yes, see Instructions) . Were any payments made to or on behalf of insiders? Yes No. Are you current on postpetition tax return filings? Yes No. Are you current on postpetition estimated tax payments? Yes No. Were all trust fund taxes remitted on a current basis? Yes No. Was there any postpetition borrowing, other than trade credit? Yes No(if yes, see Instructions) . Were all payments made to or on behalf of professionals approved by Yes No N/Athe court?

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Do you have: Worker's compensation insurance? Yes No If yes, are your premiums current? Yes No N/A (if no, see Instructions)Casualty/property insurance? Yes No If yes, are your premiums current? Yes No N/A (if no, see Instructions)General liability insurance? Yes No If yes, are your premiums current? Yes No N/A (if no, see Instructions)Has a plan of reorganization been filed with the court? Yes No. Has a disclosure statement been filed with the court? Yes NoAre you current with quarterly U.S. Trustee fees as Yes No set forth under 28 U.S.C. § 1930? art 8: Individual Chapter 11 Debtors (Only) . Gross income (receipts) from salary and wages $0 . Gross income (receipts) from self-employment $0 . Gross income from all other sources $0 . Total income in the reporting period (a+b+c) $0 . Payroll deductions $0 . Self-employment related expenses $0 . Living expenses $0 . All other expenses $0 . Total expenses in the reporting period (e+f+g+h) $0 . Difference between total income and total expenses (d-i) $0. List the total amount of all postpetition debts that are past due $0. Are you required to pay any Domestic Support Obligations as defined by 11 Yes NoU.S.C § 101(14A)? . If yes, have you made all Domestic Support Obligation payments? Yes No N/A

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Privacy Act Statement 8 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C. § 704, 1106, and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28 .S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor's progress hrough the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is eing prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information s needed to perform the trustee's or examiner's duties or to the appropriate federal, state, local, regulatory, tribal, or foreign aw enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be ade for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the xecutive Office for United States Trustee's systems of records notice, UST-001, "Bankruptcy Case Files and Associated ecords." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: http://ww.justice.gov/ust/eo/rules_regulations/index.htm. Failure to provide this information could result in the dismissal or onversion of your bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F). declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting ocumentation are true and correct and that I have been authorized to sign this report on behalf of the state. ayne Johnson Wayne Johnson ignature of Responsible Party Printed Name of Responsible PartyFO 08/19/2021 itle Date

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GPT DIP Closing ▌Profit and Loss Stateme Posting Date: From 07/01/21 To 07/31 Template: Chart of Acco Report Cycle: Annual Re Transaction Cross-Section by Posting Date Currenc Account Name Balance Year-to- Revenues Revenues - Revenues 69,29 Total Revenues 69,29 Cost of Sales Direct Material (45,728 Direct Wages 35,96 Other Direct (273 Total Cost of Sales (10,038 Gross Profit 59,25 Expenses Fixed Wages (1,705.00) (14,303 Fixed Services (2,452.51) (242,670 Base Load - Base Load (12,182 Fixed Mtc (139 Fixed Supplies Taxes - Property Taxes Insurance - Property Insurance Other Fxd Costs (375 Depr/Amort Non-Dir Trfr Cr - Non-Direct Transfer Credits Total Expenses (4,157.51) (269,671 Operating Profit (4,157.51) (210,413 Financing Total Financing Profit After Financing Expenses (4,157.51) (210,413 Other Revenues and Expenses Other Inc & Exp - Other Inc & Exp (10,389.81) 1,356,86Total Other Revenues and Expenses (10,389.81) 1,356,86 Profit Period (14,547.32) 1,146,44 =================== ================

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GPT DIP Closing ▌Vendor Liabilities Aging - Overvi Age by: Posting Date Aging Date: 07/31/21 Posting Date: From To 07/31/21 BP: From To Customer Group: All Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 ABATRON, INC (1,984.90) (1,98 ABB, Inc (2,028.03) (2,02 ABK Italia S.P.A 8,433.00 8,4 ABP CANADA (4,032.00) (4,03 Aikawa Fiber (7,082.00) (7,08 Technologies Airgas, Inc. (3,796.83) (3,79 Albany (203,090.00) (203,09 International Corp Alexander Isley, (6,500.00) (6,50 Inc. Allagash Valve & (515.00) (51 Controls PAK Solutions LLC (10,585.50) (10,58 American Paper (7,789.72) (7,78 Recycling Anchin, Block + (30,489.00) (30,48 Anchin LLP Androscoggin (1,563.00) (1,56 Valley Hospital Ankura Trust (70,000.00) (70,00 Company, LLC Ankura Trust (1,195,866.20) (1,195,86 Company, LLC Ankura Trust (80,429.15) (80,42 Company, LLC - GPT DIP Nidec Industrial (5,760.25) (5,76 Solutions Applied Industrial (16,218.76) (16,21 Technologies, Inc. Applied Technical (500.00) (50 Services, Inc ARI Logistics, LLC (3,400.00) (3,40 Dick Arnold - GPT (250.00) (250.00) DIP Page: 1/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 ATLANTIC (17,209.17) (17,20 PACKAGING PRODUCTS LTD-Fibers Axchem USA, Inc. (79,624.97) (79,62 Business and (2,857.00) (2,85 Industry Association of NH Business and (2,857.00) (2,85 Industry Association of NH Baker Newman & (48,675.00) (48,67 Noyes, LLC Bancroft (40,280.60) (40,28 Contracting Corporation Benefit (1,803.09) (1,80 Strategies, LLC Berlin City's (1,618.96) (1,61 Chevrolet Buick, Inc Berlin Marketplace (98.66) (9 Bernstein, Shur, (15,243.00) (15,243.00) Sawyer & Nelson, P.A - GPT DIP NH Business (11,749.74) (11,74 Finance Authority BFO Gene Kelly (6,490.00) (6,49 Trucking Bingham (159.53) (15 Greenbaum Doll LLP BMC Diving Inc. (1,100.00) (1,10 O'REILLY (150.41) (15 AUTOMOTIVE, INC. Bonetti Co. Inc. 2,742.56 2,7 Bonetti Co. Inc. - 49.59 GPT DIP Border Freight (8,250.00) (8,25 Transportation Bowman Sales & (3,000.00) (3,00 Equipment Inc. dba Bowman Trailer Leasing BerryDunn (51,055.00) (51,05 Bridge View Paper (62,221.60) (62,22 Co, LLC Page: 2/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 Rolland 10.00 Enterprises Inc. BTG AMERICAS (14,304.00) (14,30 INC. Byo-Gon, Inc (9,400.00) (9,40 CanAm Fibers, (13,154.02) (13,15 Inc. Capital Research (875.00) (87 Capitol Alarm (1,001.00) (1,00 Systems Caraustar (4,339.20) (4,33 Industrial Products Group Caron Building 24.10 and Rental Center, Inc. CARISTRAP (299.73) (29 INTERNATIONAL INC. William Caron (49.95) (4 Cascades Auburn 0.09 Fiber, Inc. Corcoran (6,674.50) (6,67 Environmental Services Inc Chute Chemical (5,859.00) (5,85 Company Cintas (1,235.72) (1,23 Corporation CLEMENT-LAVOIE (6,075.00) (6,07 ENT Clifford Paper, (51.17) (5 Inc C.N. Brown Company C.N. Brown 207.41 2 Company - GPT DIP COMPETITIVE 4,421.87 4,4 ENERGY SERVICES COMPETITIVE 269.88 2 ENERGY SERVICES - GPT DIP Constellation (141,444.18) (141,44 NewEnergy, Inc. Continental Disc (760.07) (76 Corp. Page: 3/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 Daniels (3,595.00) (3,59 Landscaping, LLC Dennison (7,138.39) (7,13 Lubricants, Inc. Donlin, Recano & 17,813.48 (4,464.00) (2,722.52) 25,000.00Company, Inc - GPT DIP Douglas Pipeline (55,451.40) (55,45 Company David Douin & (550.00) (55 Associates, LLC Drummond (11,447.90) (11,44 Woodsum & MacMahon DTE Energy (91,746.59) (91,74 Trading, Inc. DTE Energy 2,268.06 2,2 Trading, Inc. - DIP DuBois Chemicals (155.36) (15 Inc. Dynatics (146.62) (14 Eastern (1,330.00) (1,33 Analytical, Inc. El Dorado USA 0.82 Inc. Energy Resources (3,376.53) (3,37 Group, Inc. ENTHALPY (2,384.00) (2,38 ANALYTICAL, LLC Eversource - 0344 & 0260 Eversource - (2,506.58) (2,50 Smaill Power Eversource - (4,284.88) (4,28 Service Everything Pump, (1,157.16) (1,15 LLC Consolidated (736.70) (73 Communications FedEx (2,331.15) (2,33 Filters, Water & (942.75) (94 Instrumentation, Inc. Fibre Source 579.12 5 International Corp M.L. Gatewood (2,592.16) (2,59 Co. Page: 4/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 The Gilman (3,075.00) (3,07 Brothers Company Valmet / GL&V (19,961.07) (19,96 USA, Inc. Gorham Water & (6,775.47) (6,77 Sewer Dept. Go Time (600.00) (60 Restrooms Greenville (6,957.54) (6,95 Colorants Group Dynamic (69.19) (6 Inc Gulf Island Pond (519,401.60) (519,40 Oxygenation Project Helwig Carbon (3,179.03) (3,17 Products Inc. Solenis LLC (677,061.22) (677,06 HireRight, LLC (165.91) (16 Hisco Pump Inc. (100.54) (10 Honeywell (2,195.62) (2,19 Industry Solutions Hubbard-Hall Inc. (3,540.60) (3,54 International (0.05) ( Forest Products, LLC- DIP Imerys Talc DIP (3.40) ( Integrity Express (1,300.00) (1,30 Logistics, LLC International (4,721.81) (4,72 Paper Stuart C. Irby Co. (791.97) (79 Johnston Dandy (36,750.00) (36,75 Company Jud Corporation (6,570.42) (6,57 Sanel / NAPA (2,445.13) (2,44 KL Jack & Co. Inc (713.45) (71 Kruger (225,025.47) (225,02 LOGISTIC (3,450.00) (3,45 DYNAMICS Mario Cotta (9,951.87) (9,95 America LLC Page: 5/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 Milbank, LLP (8,582.42) (8,58 Milton Cat (1,955.25) (1,95 Monson (41,249.00) (41,24 Companies, Inc. Monson Paper, (181,166.16) (181,16 LLC (Settlement) Monson Paper, (0.03) ( LLC Monson 15.25 Companies, Inc. - GPT DIP Montgomery (109.00) (10 International Inc. The Newark 60.00 Group New England (461.35) (46 Communications Inc. N.H. Bragg & (467.48) (46 Sons Normandeau (15,613.25) (15,61 Trucking, Inc. Northeast Utilities (28,828.14) (28,82 System Northstar Pulp & (13,008.06) (13,00 Paper NSF Certification, (8,049.00) (8,04 LLC NSI Solutions, (2,037.00) (2,03 Inc. Old Town Fuel & (1,831,277.85) (1,831,27 Fiber Pack4 LLC (1,474.00) (1,47 Pall Corporation (3,330.41) (3,33 Paperchine Inc. (36,711.99) (36,71 Patriarch Partners (2,241,600.27) (2,241,60 Agency Services Patriarch Partners (30,091.85) (30,09 LLC Patriarch Partners (2,378,647.00) (2,378,64 Management Group LLC Petty Cash (9.02) ( Polsinelli - GPT (8,866.25) (8,866.25) DIP Page: 6/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 Portland Natural (58,549.89) (58,54 Gas Transmission System The Predictive (300.00) (30 Index Presby Steel, LLC (0.50) ( Prime Electric (500.00) (50 Motors Inc PT Papertech Inc. (474.55) (47 Law Calibration (2,716.70) (2,71 LLC RECYCLING (1,025,170.85) (1,025,17 ASSOCIATES INC. Recon Pump (2,373.59) (2,37 Services Reed, Armstrong, (2,303.82) (2,30 Mudge & Morrissey RISI Inc. (1,815.00) (1,81 WESTROCK CP, 17,524.62 17,5 LLC Rockingham (1,241.80) (1,24 Electrical Supply Company, Inc. RPF (1,860.00) (1,86 Environmental, Inc. Sanels Napa (6,438.80) (6,43 SCA Transaction (25,000.00) (25,000.00) Services LLC Schneider (4,351.74) (4,35 SGS North (27.00) (2 America SHW Casting (15,599.00) (15,59 Technologies Inc. Select Products (39,095.70) (39,09 Holdings St. Hilaire (3,240.00) (3,24 Contractors, Inc. Suburban (4,723.06) (4,72 Propane Teledyne ISCO, (5,617.00) (5,61 Inc. The Hope Group (129.27) (12 LLC Thomas Scientific (988.78) (98 Page: 7/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 Time Warner (434.00) (43 Cable Timken Motor & (22,625.00) (22,62 Crane Services LLC Treasurer, State (600.00) (60 of New Hampshire Treasurer, State (600.00) (60 of New Hampshire Tuckers Auto (159.60) (15 Electric UPS Supply Chain (57.92) (5 Solutions, Inc. U.S. Department (168,510.75) (168,51 of Labor-OSHA Valmet Ltd (102,798.00) (102,79 Verizon Wireless (889.10) (88 Verizon Wireless - (0.36) GPT DIP Vets Securing (128,821.44) (128,82 America VINCENT (11,825.07) (11,82 CORPORATION Voith Paper Fabric (443,189.20) (443,18 & Roll Systems M. Wayne (3,160.00) (3,160.00) Johnson - GPT DIP W.B. Mason (4,384.87) (4,38 Wells Fargo (12,063.76) (1,507.97) (1,507.97) (1,507.97) (1,507.97) (6,03Equipment Finance - GPT DIP Western Express (5,150.00) (5,15 Inc. White Mountain 19.21 Lumber Co., Inc. Williams & (9,378.72) (9,37 Connolly LLP William Kenyon & (2,999.34) (2,99 Sons Inc. Veritiv Operating (36,057.60) (36,05 Company ( XPEDX) Xylem, Inc. USA (4,400.00) (4,40 Zoro Tools, Inc. (3,856.28) (3,85 dba Zoro Page: 8/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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▌Vendor Liabilities Aging - Overvi Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 Total: $ $ -34,381.97 $ -1,507.97 $ -4,230.85 $ -617.22 -12,878,642.56 -12,837,9 Aging (%): % 100.00 % 0.27 % 0.01 % 0.03 % 0.00 % 9 Page: 9/9 Printed By: SAP Business One Printed On: 15:50 08/17/21

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GPT DIP Closing ▌Customer Receivables Aging - Overvi Age by: Due Date Aging Date: 07/31/21 Posting Date: From To 07/31/21 BP: From To Customer Group: All Curren BP Name Total Future Remit 0 - 30 31 - 60 61 - 90 91 - 120 AVRRDD 1,154.59 1,1 Bridge View Paper 83,974.45 83,9 Company, LLC Paradigm 7,132.95 7,1 Marketing Enterprises Total: $ 92,261.99 $ 92,26 Aging (%): % 100.00 % 10 Page: 1/1 Printed By: SAP Business One Printed On: 15:41 08/17/21

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▌Balance Sh Posting Date: To: 07/3 Template: Chart of Acco Report Cycle: Annual Re Transaction Cross-Section by Posting Date: Currenc Account Name Balance System Cur Assets Current Assets - Current Assets Cash - Cash 1014-00-00 - Cash Bank of NH Checking 32,401.94 32,4 Total Cash - Cash 32,401.94 32,4 Receivables - Receivables 1101-00-00 - Accounts Receivable 92,261.99 92,2 1150-00-00 - Interco Receivable - WMT 10,675,213.08 10,675,2Total Receivables - Receivables 10,767,475.07 10,767,4 Total Current Assets - Current Assets 10,799,877.01 10,799,8Fixed Assets - Fixed Assets Total Fixed Assets - Fixed Assets Other LT Assets - Other Long Term Assets Other Assets - Other Assets 1903-00-00 - Term Loan 3 Receivable - WMT 3,000,000.00 3,000,0Total Other Assets - Other Assets 3,000,000.00 3,000,0 Total Other LT Assets - Other Long Term Assets 3,000,000.00 3,000,0Total Assets 13,799,877.01 13,799,8 $ 13,799,877.01 $ 13,799,87 ============= ========== Liabilities Liabilities - Liabilities Current Liab. - Current - Liabilities 2010-00-00 - Accounts Payable 12,878,642.56 12,878,6 2020-00-00 - Accounts Payable - Manual Accrual 70,800.39 70,82100-00-00 - Accrued Expenses 493,560.00 493,5 Page:1 / 2 Printed By: SAP Business One Printed On: 15:53 08/

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GPT DIP Closing ▌Balance Sh Currenc Account Name Balance System Cur 2110-00-00 - Accrued Interest 572,255.40 572,2 2120-00-00 - Accrued Legal & Audit 12,000.00 12,0 2290-00-00 - Series A Preferred Stock Int Payable 5,500,000.00 5,500,0Total Current Liab. - Current - Liabilities 19,527,258.35 19,527,2Long Term Liab. - Long Term - Liabilities 2501-00-00 - Revolving Credit Loan-ZOHAR III LIMITED 25,535,939.29 25,535,92601-00-00 - Term Loan DDTLB - ZOHAR III LIIMITED 18,871,090.31 18,871,02610-00-00 - BFA Capital Improvement Loan 29,082.92 29,0 Total Long Term Liab. - Long Term - Liabilities 44,436,112.52 44,436,12999 Total Liabilities - Liabilities 63,963,370.87 63,963,3 Total Liabilities 63,963,370.87 63,963,3 Equity Equity - Equity Capital - Capital 3900-00-00 - Retained Earnings (13,995,248.10) (13,995,24 3930-00-00 - Series A Preferred Stock (5,500,000.00) (5,500,00Total Capital - Capital (19,495,248.10) (19,495,24 Total Equity - Equity (19,495,248.10) (19,495,24 Profit Period (30,668,245.76) (30,668,24 Total Equity (50,163,493.86) (50,163,49 $ 13,799,877.01 $ 13,799,87 ============= ========== Page:2 / 2 Printed By: SAP Business One Printed On: 15:53 08/

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Statement Date: 07/30/2021 Primary Account: 0234 Period: 06/30/21 to 07/30/21 AAFFDATAADFFFAAFTAFFFADAADFDAAAATADDFDDATAFFTDDFFDDTDADAAAATADTFF'SRLNUM' 0.6200 WCL0001 30-0 GORHAM PAPER & TISSUE LLC 0 72 CASCADE FLT 2 GORHAM, NH 03581-1015 BUSINESS ACCOUNT Account: 0234 Last Statement Previous Balance Total Credits Total Debits This Statement Current Balance06/30/21 $34,169.99 $5,000.00 (1) $4,401.05 (3) 07/30/21 $34,768.94 Minimum Balance $31,198.99 Average Balance $34,795.02 TRANSACTIONS Date Description Credits Debits Balance 06/30 BEGINNING BALANCE ........................................... $34,169.99 07/12 Check # 19469 $2,971.00 $31,198.99 07/15 Incoming Wire Sca Transaction Services LLC $5,000.00 $36,198.99 07/19 Check # 19468 $400.00 $35,798.99 07/30 Service Charge $1,047.40 Less $17.35 Credit Back $1,030.05 $34,768.94 07/30 ENDING BALANCE ........................................... $34,768.94 CHECKS Date Check No Amount Date Check No Amount Date Check No Amount07/19 19468 $400.00 07/12 19469 $2,971.00 * Indicates a Gap in Check Number Sequence Continued on Next Page

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ITEMIZATION OF OVERDRAFT AND RETURNED ITEM FEES Total For Total This Period Year to Date Total Overdraft Fees $0.00 $0.00 Total Returned Item Fees $0.00 $0.00 ITEMIZATION OF SERVICE CHARGES Total Charge For Maintenance: $12.00 Total Charge For Check Processing Fee: $0.40 Total Credit Back: $17.35- Total Charge For Domestic Wire Trans: $1,035.00 Total Service Charge Paid: $1,030.05

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ank of NH GL# 1014 603-466-3352 ccount Number 0234 outing Number 211770271 PT's Tax ID# - 45-1586533 ate Description Receipts Disbursements Available Balance 6/30/2021 Bank Fee $ 1,010.55 $ 34,169.997/12/2021 Check #'s 19468 - 19469 $ 3,371.00 $ 30,798.997/15/2021 SCA Transaction - Incoming wire $ 5 ,000.00 $ 35,798.997/25/2021 Check #'s 19470 - 19470 $ 2,367.00 $ 33,431.997/30/2021 Bank Fee $ 1,030.05 $ 32,401.94

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Gorham Paper and Tissue, LLC Case # 20-12814 Monthly Operating Report For July 2021 Detailed Explanations: Part 7, Question G: In early December 2020, we received DIP financing in the amount of $1.5 million. The DIP loan, interest and fees were paid off with the proceeds from the sale of Gorham Paper’s assets to Gorham Acquisition, LLC on December 31, 2020.

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Gorham Paper & Tissue, LLC Addendum Post-Petition Liabilities include the following: (i) accrued professional compensation (payable only subject to Court order or interim compensation procedures); (ii) accrued Wells Fargo lease payments based on invoices received but amounts are not actually due because of contract rejection order; (iii) accrued post-petition interest based on statements received and accruals (but amounts are not payable under section 506(b)). Professional Fees and expenses do not include payment to B. Riley (investment banker) at closing of sale.

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