Exhibit 99.2

P. H. Glatfelter Company and Dresden Papier GmbH.

Unaudited Pro forma Condensed Combined Financial Information

The unaudited pro forma consolidated income statement data for the year ended December 31, 2012 gives effect to the following transactions, which we refer to as the “Transactions”:

The unaudited pro forma consolidated income statements for the year ended December 31, 2012 give effect to the Transactions as if they occurred on January 1, 2012. The unaudited pro forma consolidated balance sheet data as of December 31, 2012 gives effect to the Transactions as if they had occurred on December 31, 2012. In the unaudited pro forma consolidated financial statements, the Acquisition is accounted for using the acquisition method of accounting in accordance with the Financial Accounting Standards Board Accounting Standards Codification No 805. Under the acquisition method of accounting, the total purchase price for the Acquisition is allocated to the assets acquired and liabilities assumed based upon estimates of fair value. The unaudited pro forma adjustments reflected herein are based upon preliminary available information and assumptions that we believe are reasonable under the circumstances and which are described in the accompanying notes. These preliminary estimates may change upon finalization of appraisals and valuation studies. Therefore, the final allocations may differ materially from the estimates used to prepare these pro forma consolidated financial statements.

The unaudited pro forma consolidated financial statements do not purport to represent what our results of operations or financial condition actually would have been if the Transactions occurred on the dates indicated, nor do they purport to represent or project our results of operations for any future period or our financial condition as of any future date. You should read the unaudited pro forma consolidated financial statements in conjunction with our audited and unaudited consolidated financial statements and related notes and the audited and unaudited consolidated financial statements of Dresden and related notes, for the year ended December 31, 2012 and our quarterly report on Form 10-Q for the quarterly period ended March 31, 2013.

Unless otherwise indicated, the Dresden financial information included herein is derived from Dresden’s historical financial statements. Such historical financial statements are prepared in accordance with accounting principles generally accepted in Germany, or HGB, in Euros and reconciled to U.S. GAAP, adjusted for certain reclassifications to conform to Glatfelter’s accounting policies, and translated into U.S. dollars.

Unaudited Pro Forma Consolidated Income Statement

for the Year Ended December 31, 2012

A change of 0.125% in the assumed interest rate for the borrowings under our existing revolving credit facility would have an incremental effect on our annual interest expense of $156 thousand.

Unaudited Pro Forma Consolidated Balance Sheet as of

December 31, 2012

The following sets forth the preliminary purchase price allocation:

The Acquisition agreement provides for a purchase price of € 160 million (or $211.0 million based on the December 31, 2012

foreign exchange rate), subject to an adjustment based on the closing date working capital of Dresden, which has not yet been agreed to. The preliminary purchase price allocation set forth above is based on the preliminary working capital adjustment of € 10.7 million (or $14.0) million based on the December 31, 2012 foreign exchange rate).

We are in the process of completing valuations necessary to account for the Acquisition in accordance with the acquisition method of accounting set forth in FASB ASC 805, Business Combinations, including independent appraisals. In calculating the pro forma adjustments, the purchase price has been allocated on a preliminary basis. Therefore, the purchase price allocation is subject to change, and such changes could be material. The preliminary allocation of the purchase price set forth in the pro forma balance sheet assumes the excess of book value will be allocated as set forth above, an assumption we believe is reasonable based on information presently available to us. Our allocation shown above includes an allocation to indentified intangible assets consisting of tradename, technology and customer relationships.

For purposes of presenting depreciation and amortization expense in the pro forma income statement, fixed assets and intangible assets are assumed to have an average remaining useful life of 19 years and 17 years, respectively. Expense is recognized on a straight-line basis.