EXHIBIT 97.1

DODD-FRANK COMPENSATION RECOUPMENT POLICY

OF

GLATFELTER CORPORATION

Effective October 2, 2023

EXHIBIT 97.1

Section 1.    Purpose.

Glatfelter Corporation (the “Company”) has adopted this Dodd-Frank Compensation     

Recoupment Policy (this “Policy”) to implement a mandatory clawback policy in the

event of a Restatement in compliance with the applicable rules of the New York Stock

Exchange.

Any capitalized terms used, but not immediately defined, in this Policy have the

meanings set forth in Section 14.

Section 2.    Administration.

This Policy shall be administered in the sole discretion of the Committee. The

Committee shall have the discretion to interpret the Policy and make all determinations

with respect to this Policy, consistent with applicable law and this Policy. Without

limiting the foregoing, this Policy shall be interpreted in a manner that is consistent with

the requirements of the Applicable Rules, and compliance with this Policy shall not be

waived by the Committee, the Board or the Company in any respect. Any interpretations

and determinations made by the Committee shall be final and binding on all affected

individuals.

Section 3.    Effective Date.

This Policy is effective as of October 2, 2023 (the “Effective Date”). This Policy applies

to Incentive-Based Compensation that is Received by any Executive Officer on or after

the Effective Date as described in Section 7 below.

Section 4.    Amendment.

The Committee may amend this Policy from time to time in its discretion, subject to any

limitations under applicable law or listing standards, including the Applicable Rules.

Without limiting the forgoing, the Committee may amend this Policy as it deems

necessary to reflect any amendment of the Applicable Rules or regulations or guidance

issued under the Applicable Rules.

Section 5.    No Substitution of Rights; Non-Exhaustive Rights.

Any right of recoupment under this Policy is in addition to, and not in lieu of, any other

remedies or rights that may be available to the Company pursuant to (a) the Incentive

Plans, (b) the terms of any recoupment policy (including, but not limited to, the

Executive and Key Manager Compensation Clawback Policy) or provision in any

employment agreement, compensation agreement or arrangement, or other agreement, or

(c) any other legal remedies available to the Company under applicable law.

In addition to recovery of compensation as provided for in this Policy, the Company may

take any and all other actions as it deems necessary, appropriate and in the Company’s

best interest in connection with the Committee determining that this Policy should apply,

including termination of the employment of, or initiating legal action against, an

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Executive Officer, and nothing in this Policy limits the Company’s rights to take any

such appropriate actions.

Section 6.    Recovery on a Restatement.

In the event that the Company is required to prepare a Restatement, the Company shall

reasonably promptly recover from an Executive Officer the amount of any erroneously

awarded Incentive-Based Compensation that is Received by such Executive Officer

during the Recovery Period. The amount of erroneously Received Incentive-Based

Compensation will be the excess of the Incentive-Based Compensation Received by the

Executive Officer (whether in cash or shares) based on the erroneous data in the original

financial statements over the Incentive-Based Compensation (whether in cash or in

shares) that would have been Received by the Executive Officer had such Incentive-

Based Compensation been based on the restated results, without respect to any tax

liabilities incurred or paid by the Executive Officer.

Recovery of any erroneously awarded compensation under this Policy is not dependent

on fraud or misconduct by any Executive Officer in connection with a Restatement.

Without limiting the foregoing, for Incentive-Based Compensation based on the

Company’s stock price or total shareholder return, where the amount of erroneously

awarded compensation is not subject to mathematical recalculation directly from the

information in the Restatement, (a) the amount shall be based on the Company’s

reasonable estimate of the effect of the Restatement on the stock price or total

shareholder return upon which the Incentive-Based Compensation was Received and (b)

the Company shall maintain documentation of the determination of that reasonable

estimate and provide such estimate to the Regulators as required by the Applicable Rules.

In addition to the foregoing, in the event that an Executive Officer fails to repay or

reimburse erroneously awarded compensation that is subject to recovery, the Committee

may require an Executive Officer to reimburse the Company for any and all expenses

reasonably incurred (including legal fees) by the Company in recovering erroneously

awarded compensation under this Policy.

Section 7.    Covered Executive Officers and Covered Incentive-Based Compensation.

This Policy covers all persons who are Executive Officers at any time during the

Recovery Period for which Incentive-Based Compensation is Received or during the

performance period applicable to such Incentive-Based Compensation. Incentive-Based

Compensation shall not be recovered under this Policy to the extent Received by any

person before the date the person served as an Executive Officer. Subsequent changes in

an Executive Officer’s employment status, including retirement or termination of

employment, do not affect the Company’s right to recover Incentive-Based

Compensation pursuant to this Policy.

This Policy shall apply to Incentive-Based Compensation that is Received by any

Executive Officer on or after the Effective Date and that results from attainment of a

Financial Reporting Measure based on or derived from financial information for any

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fiscal period ending on or after the Effective Date. For the avoidance of doubt, this will

include Incentive-Based Compensation that may have been approved, awarded, or

granted to an Executive Officer on or before the Effective Date if such Incentive-Based

Compensation is Received on or after the Effective Date.

Section 8.    Methods of Recovery; Limited Exceptions.

The Committee shall determine, in its sole discretion, the method of recovering any

Incentive-Based Compensation subject to this Policy, including those methods set forth in

Section 10.

No recovery shall be required if any of the following conditions are met and the

Committee determines that, on such basis, recovery would be impracticable:

(a)the direct expense paid to a third party to assist in enforcing this Policy would exceed the amount to be recovered; provided that prior to making a determination that it would be impracticable to recover any Incentive-Based Compensation based on the expense of enforcement, the Company shall (i) have made a reasonable attempt to recover the Incentive-Based Compensation, (ii) have documented such reasonable attempts to recover, and (iii) provide the documentation to the NYSE;

(b)recovery would violate home country law where that law was adopted prior to November 28, 2022; provided that, prior to making a determination that it would be impracticable to recover any Incentive-Based Compensation based on a violation of home country law, the Company shall (i) have obtained an opinion of home country counsel, acceptable to the NYSE, that recovery would result in such violation, and (ii) provide a copy of such opinion to the NYSE; or

(c)recovery would likely cause an otherwise tax-qualified retirement plan, under which benefits are broadly available to employees, to fail to meet the requirements of Section 401(a)(13) or Section 411(a) of the Internal Revenue Code of 1986, as amended (the “Code”), and U.S. Treasury regulations promulgated thereunder.

Section 9.    Reporting; Disclosure; Monitoring.

The Company shall make all required disclosures and filings with the Regulators with

respect to this Policy in accordance with the requirements of the Applicable Rules, and

any other requirements applicable to the Company, including the disclosures required in

connection with the Securities and Exchange Commission filings.

Section 10.    Methods of Recovery.

Subject to Section 8, in the event that the Committee determines that this Policy should

apply, to the extent permitted by applicable law, the Company shall, as determined by the

Committee in its sole discretion, take any such actions as it deems necessary or

appropriate to recover Incentive-Based Compensation. The actions may include, without

limitation (and as applicable):

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(a)forfeit, reduce or cancel any Incentive-Based Compensation (whether vested or unvested) that has not been distributed or otherwise settled;

(b)seek recovery of any Incentive-Based Compensation that was previously paid to the Executive Officer;

(c)seek recovery of any amounts realized on the vesting, exercise, settlement, sale, transfer, or other disposition of any equity-based Incentive-Based Compensation;

(d)recoup any amount in respect of Incentive-Based Compensation that was contributed or deferred to a plan that takes into account Incentive-Based Compensation (excluding certain tax-qualified plans, but including deferred compensation plans, and supplemental executive retirement plans, and insurance plans to the extent otherwise permitted by applicable law, including Section 409A of the Code) and any earnings accrued on such Incentive-Based Compensation;

(e)offset, withhold, eliminate or cause to be forfeited any amount that could be paid or awarded to the Executive Officer after the date of determination; and

(f)take any other remedial and recovery action permitted by law, as determined by the Committee.

In addition, the Committee may authorize legal action for breach of fiduciary duty or

other violation of law and take such other actions to enforce the obligations of the

Executive Officer to the Company as the Committee deems appropriate.

Section 11.    Notice.

Before the Company takes action to seek recovery of compensation pursuant to this

Policy against an Executive Officer, the Company shall take commercially reasonable

steps to provide such individual with advance written notice of such clawback; provided

that this notice requirement shall not in any way delay the reasonably prompt recovery of

any erroneously awarded Incentive-Based Compensation.

Section 12.    No Indemnification.

The Company shall not indemnify any current or former Executive Officer against the

loss of erroneously awarded compensation and shall not pay or reimburse any such

person for premiums incurred or paid for any insurance policy to fund such person’s

potential recovery obligations.

Section 13.    Governing Law.

This Policy and all determinations made and actions taken pursuant hereto, to the extent

not otherwise governed by mandatory provisions of the Applicable Rules, shall be

governed by and construed in accordance with the laws of the Commonwealth of

Pennsylvania without regard to choice of law principles. If any provision of this Policy

shall be held illegal or invalid for any reason, such illegality or invalidity shall not affect

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the remaining parts of this Policy, but this Policy shall be construed and enforced as if the

illegal or invalid provision had never been included in this Policy.

Section 14.    Defined Terms.

The following capitalized terms used in this Policy have the following meanings:

(a)“Applicable Rules” means Section 10D of the Exchange Act and Rule 10D-1 promulgated thereunder and Section 303A.14 of the Listed Company Manual of the New York Stock Exchange LLC (“NYSE”).

(b)“Board” means the Board of Directors of the Company.

(c)“Committee” means the Compensation Committee of the Board, or, in the absence of such committee, a majority of the independent directors serving on the Board.

(d)“Exchange Act” means the Securities Exchange Act of 1934, as amended.

(e)“Executive Officer” means each officer of the Company who is the Company’s president, principal financial officer, principal accounting officer (or if there is no such accounting officer, the controller), any vice president of the Company in charge of a principal business unit, division or function, any other officer who performs a policy-making function, or any other person who performs similar significant policy-making functions for the Company, as determined under 17 CFR § 229.401(b).

(f)“Financial Reporting Measures” means (i) measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures that are derived wholly or in part from such measures, (ii) the Company’s stock price, and (iii) total shareholder return in respect of the Company. A “Financial Reporting Measure” need not be presented within the financial statements or included in a filing with the Securities and Exchange Commission.

(g)“Incentive Plans” means (i) the Company’s Amended and Restated 2022 Long-Term Incentive Plan, (ii) the Company’s Management Incentive Program, and (iii) any other incentive plans in effect from time to time.

(h)“Incentive-Based Compensation” means any compensation that is granted, earned, or vested, based wholly or in part upon the attainment of a Financial Reporting Measure. Incentive-Based Compensation does not include, among other forms of compensation, equity awards that vest exclusively upon completion of a specified employment period, without any performance condition, and bonus awards that are discretionary or based on subjective goals or goals unrelated to Financial Reporting Measures.

(i)“Received” – Incentive-Based Compensation is deemed “Received” for the purposes of this Policy in the Company’s fiscal period during which the Financial Reporting Measure applicable to the Incentive-Based Compensation award is attained, even if the payment or grant of the Incentive-Based Compensation occurs after the end of that period.

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(j)“Recovery Period” means the three completed fiscal years immediately preceding the date on which the Company is required to prepare a Restatement, which date is the earlier of (i) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare a Restatement or (ii) a date that a court, regulator or other legally authorized body directs the Company to prepare a Restatement.

(k)“Regulators” means, as applicable, the Securities and Exchange Commission and NYSE.

(l)“Restatement” means that the Company is required to prepare an accounting restatement due to a material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements (i) that is material to the previously issued financial statements, or (ii) that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.