Table 2.1 Assessment details Name of entity. Visy Pulp & Paper 9&10 Tumut

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2 Part 2 - Assessment outcomes It is compulsory to complete Tables 2.1 to 2.3 for each entity (subsidiary, business unit, key activity or site) that has been assessed. Table 2.1 Assessment details Name of entity Visy Pulp & Paper 9&10 Tumut A. Total corporate energy use in the last financial year Between 11,483,926 & 13,780,711 GJ B. Total energy use covered by assessments Between 11,483,926 & 13,780,711 GJ C. Total percentage of energy use assessed (B A) x 100 100% % Description of the way in which the entity carried out its assessment: The second Energy Efficiency Opportunity Assessment for Visy Pulp & Paper Tumut was conducted in 2013 in accordance with the new assessment plan. Visy s Energy Department co-ordinated the implementation of the EEO framework internally with the assistances from the Department and a specialist engineering consultancy group Balance Energy in assessing the sites detail energy balance and project identification and evaluation. Opportunities identified in the mass and energy balance provided an initial list of projects which were reviewed and discussed in conferences and onsite workshops. Skills and knowledge were drawn upon from personnel from various level and departments along with internal and external specialist. Outcomes of the assessment will be incorporated and updated in the internal energy project list to provide continual status update.

3 Table 2.2 - Energy efficiency opportunities identified in the assessment Status of opportunities identified Total Number of opportunities Total estimated energy savings per annum (GJ) Business response Outcomes of assessment Implemented 2 2,647 Implementation commenced To be implemented 2 50,908 Under investigation 7 520,624 Not to be implemented 18 643,319 Total identified 29 1,217,498 Please note that corporate groups are not required to report opportunities with a payback greater than four years. Reporting this data is voluntary.

4 Table 2.3 - Details of significant opportunities identified in the assessment It is compulsory to report at least 1 example of a significant opportunity for improving the energy efficiency for the controlling corporation that has been identified in assessments. If a corporation has structured assessments to relate to business units or key activities they should report one significant opportunity for each of those entities to which the assessment applies. Description of opportunity No. 1 Opportunity exists in the current high pressure steam system whereby a piping connection is made to two existing separate steam headers. This will allow greater flexibility in steam distribution to the existing turbines and maximising the power generation. A bridging pipe would allow a portion of steam currently bypassed through a pressure reduction valve to be diverted to a steam turbine and generating additional power for the site. Description of opportunity No. 2 - voluntary Description of opportunity No 3 - voluntary

5 Please note that the Description of opportunity above should include information on the specific nature and type of opportunity as well as information on the type of equipment and/or process involved. Part 2 - Assessment outcomes It is compulsory to complete Tables 2.1 to 2.3 for each entity (subsidiary, business unit, key activity or site) that has been assessed. Table 2.1 Assessment details Name of entity Visy Paper 3&6 Smithfield A. Total corporate energy use in the last financial year Between 1,599,707 & 1,919,648 GJ B. Total energy use covered by assessments Between 1,599,707 & 1,919,648 GJ C. Total percentage of energy use assessed (B A) x 100 100% % Description of the way in which the entity carried out its assessment: The second Energy Efficiency Opportunity Assessment for Visy Paper Smithfield was conducted in 2013 by using learning and knowledge gained from the past assessments. A dedicated engineer was employed to carry out the assessment with involvements from various levels of plant s operation team and the Energy Department. Systematic mass and energy balances were carried out on the steam system to identify losses and opportunities. Electric motors over a minimum threshold size were investigated to evaluate its saving potential. Outcomes of assessment are documented in a comprehensive assessment report with new learning s shared among the group.

6 Table 2.2 - Energy efficiency opportunities identified in the assessment Status of opportunities identified Total Number of opportunities Total estimated energy savings per annum (GJ) Business response Outcomes of assessment Implemented 1 576 Implementation commenced 1 4,046 To be implemented Under investigation 7 33,072 Not to be implemented 29 34,006 Total identified 38 71,700 Please note that corporate groups are not required to report opportunities with a payback greater than four years. Reporting this data is voluntary.

7 Table 2.3 - Details of significant opportunities identified in the assessment It is compulsory to report at least 1 example of a significant opportunity for improving the energy efficiency for the controlling corporation that has been identified in assessments. If a corporation has structured assessments to relate to business units or key activities they should report one significant opportunity for each of those entities to which the assessment applies. Description of opportunity No. 1 Effluent from the paper mill is treated in a waste water treatment plant prior to leaving the site. Biogas is generated through this process is currently flared. This present an opportunity to utilise the gas in a turbine to generate power for the site. Detail study was completed by an external vendor and is currently under review. Description of opportunity No. 2 - voluntary Description of opportunity No 3 - voluntary Please note that the Description of opportunity above should include information on the specific nature and type of opportunity as well as information on the type of equipment and/or process involved.

8 Update of opportunities under investigation carried over from previous reporting cycle Facility to be re-assessed Name of Group member or business unit or key activity or site: Visy Paper 2 Reservoir Energy use of the entity during the current reporting period Between 676,599 & 811,919 GJ Opportunities assessed to an accuracy of ±30% or better Status of opportunities identified Outcomes of assessment* Number of opportunities Estimated energy savings per annum by payback period (GJ) 0 < 2 years 2 4 years > 4 years Total estimated energy savings per annum (GJ) Total Identified 2 2,934 24,976 27,910 Business Response* Under Investigation 1 24,976 24,976 To be Implemented 1 2,934 2,934 Implementation Commenced Implemented Not to be Implemented

9 Name of Group member or business unit or key activity or site: Visy Paper 4&5 Coolaroo Energy use of the entity during the current reporting period Between 1,821,741 & 2,186,089 GJ Opportunities assessed to an accuracy of ±30% or better Status of opportunities identified Outcomes of assessment* Number of opportunities Estimated energy savings per annum by payback period (GJ) 0 < 2 years 2 4 years > 4 years Total estimated energy savings per annum (GJ) Total Identified 3 25,573 10,249 35,822 Business Response* Under Investigation 1 2,743 2,743 To be Implemented Implementation Commenced 1 7,506 7,506 Implemented Not to be Implemented 1 25,573 25,573

10 Name of Group member or business unit or key activity or site: Visy Paper 8 Gibson Island Energy use of the entity during the current reporting period Between 1,383,887 & 1,660,664 GJ Opportunities assessed to an accuracy of ±30% or better Status of opportunities identified Outcomes of assessment* Number of opportunities Estimated energy savings per annum by payback period (GJ) 0 < 2 years 2 4 years > 4 years Total estimated energy savings per annum (GJ) Total Identified 9 42,468 7,597 50,065 Business Response* Under Investigation 2 2,441 2,441 To be Implemented Implementation Commenced 1 42,468 42,468 Implemented Not to be Implemented 6 5,156 5,156