[This Accession Letter is entered into by deed.]

An Accession Letter executed by the Additional Obligor and the Parent.

the Parent and that Subsidiary deliver to the Agent a duly completed and executed Accession Letter;

Therefore, the […] shares to be held by Bohlini in the future (“Bohlini Shares-[…]”) and the […] shares to be held by ​ in the future (“​ Shares-[…]”) shall be subject to this Accession Agreement.

authorising a specified person or persons to execute the Accession Letter and other Finance Documents on its behalf;

"Finance Document" means this Agreement, the Shareholders' Undertaking Agreement, the Sustainability Target Statement, the Target Group Disclosure Statement, any Fee Letter, any Accession Letter, any Resignation Letter, any Ancillary Document and any other document designated as such by the Agent and any of the Borrowers.

"Mercer Germany" means collectively the Obligors and each Subsidiary organized under the laws of Germany of any Obligor, including (for the avoidance of doubt) any Target Group Company following its accession to this Agreement as Additional Obligor in accordance with Clause 24 (Conditions Subsequent).

The Seller and Existing Party 4 hereby expressly confirm that Existing Party 4 is a dievini shareholder within the meaning of the Shareholders’ Agreement, namely a corporation solely controlled by Mr. Dietmar Hopp pursuant to [Section 5.3.4] in connection with [Section 5.3.3] of the Shareholders’ Agreement. [Section 5.3.3] of the Shareholders’ Agreement. The following documents are attached to this declaration of accession as evidence of the capacity as dievini shareholder pursuant to clause 5.3 of the shareholders’ agreement:

“​ [Organization D:Organization]” means the Persons with a ​ Commitment or an outstanding ​ Advance as of the Second Amendment Effective Date and each other Person that shall have become a party hereto as a “​” pursuant to an Assignment or an Accession Agreement, other than any such Person that shall have ceased to be a party hereto pursuant to an Assignment.

Bohlini invest GmbH will hold 262,295 Unrestricted dievini Shares in the future, as Zweite DH Verwaltungs GmbH will join at the same time with separate accession agreement with respect to 1,884,278 Unrestricted dievini Shares transferred to it by Bohlini invest GmbH. ​ invest GmbH will hold in the future 1,019,235 Unrestricted dievini Shares as # DH-LT Investments GmbH in respect of 1,896,882 Unrestricted dievini Shares and # Zweite DH Verwaltungs GmbH in respect of 20,394 Unrestricted dievini Shares transferred to them in each case by ​ invest GmbH will join at the same time by separate accession agreements. As a result, DH-LT Investments GmbH will in the future hold a total of 2,733,786 Unrestricted dievini Shares and Zweite DH Verwaltungs GmbH will in the future hold a total of 3,004,672 Unrestricted dievini Shares.