Beijing, China, May 20, 2023 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), will supply an approach flow system and a broke system to Shanying Suzhou Paper for its PM71 and PM72 machines in Suzhou City, China. The systems are scheduled to start up at the end of 2024.

Both production lines will feature PERIVAC™ high-performance deaerators to efficiently remove air and other gasses from paper stock suspensions.

“Shanying Suzhou Paper is a key customer for Kadant’s fiber processing business," said Peter Ma, vice president of sales and marketing at Kadant Fiberline China. “In the first quarter of 2023, Shanying selected our Foundations™ LOCC systems for its PM71, PM72, PM73, and PM75 machines. We are very pleased to have earned Shanying’s continued trust.”

About Shanying Paper

Shanying Paper, founded in 1957 and part of Shanying International Holdings Co., is one of the largest industrial papermaking enterprises and packaging board manufacturers in China.

About Kadant Fiberline China

Kadant Fiberline (China) Co. Ltd., is a leading fiber processing and recycling equipment supplier that designs, manufactures, and services equipment used in virgin and recycled paper stock preparation and paper machine approach flow applications.

About Kadant Kadant is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,100 employees in 20 countries worldwide. For more information, visit www.kadant.com.

Safe Harbor Statement The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our products, technologies, and markets. These forward-looking statements represent our expectations as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s annual report on Form 10-K for the fiscal year ended December 31, 2022 and subsequent filings with the Securities and Exchange Commission.