diff --git a/openpype/hosts/tvpaint/plugins/publish/extract_convert_to_exr.py b/openpype/hosts/tvpaint/plugins/publish/extract_convert_to_exr.py
new file mode 100644
index 0000000000..5fc9be9f42
--- /dev/null
+++ b/openpype/hosts/tvpaint/plugins/publish/extract_convert_to_exr.py
@@ -0,0 +1,96 @@
+"""Plugin converting png files from ExtractSequence into exrs.
+
+Requires:
+    ExtractSequence - source of PNG
+    ExtractReview - review was already created so we can convert to any exr
+"""
+import os
+import json
+
+import pyblish.api
+from openpype.lib import (
+    get_oiio_tools_path,
+    run_subprocess,
+)
+from openpype.pipeline import KnownPublishError
+
+
+class ExtractConvertToEXR(pyblish.api.InstancePlugin):
+    # Offset to get after ExtractSequence plugin.
+    order = pyblish.api.ExtractorOrder + 0.1
+    label = "Extract Sequence EXR"
+    hosts = ["tvpaint"]
+    families = ["render"]
+
+    active = False
+
+    replace_pngs = True
+    exr_compression = "DWAA"
+
+    def process(self, instance):
+        repres = instance.data.get("representations")
+        if not repres:
+            return
+
+        oiio_path = get_oiio_tools_path()
+        # Raise an exception when oiiotool is not available
+        # - this can currently happen on MacOS machines
+        if not os.path.exists(oiio_path):
+            KnownPublishError(
+                "OpenImageIO tool is not available on this machine."
+            )
+
+        new_repres = []
+        for repre in repres:
+            if repre["name"] != "png":
+                continue
+
+            self.log.info(
+                "Processing representation: {}".format(
+                    json.dumps(repre, sort_keys=True, indent=4)
+                )
+            )
+
+            src_filepaths = set()
+            new_filenames = []
+            for src_filename in repre["files"]:
+                dst_filename = os.path.splitext(src_filename)[0] + ".exr"
+                new_filenames.append(dst_filename)
+
+                src_filepath = os.path.join(repre["stagingDir"], src_filename)
+                dst_filepath = os.path.join(repre["stagingDir"], dst_filename)
+
+                src_filepaths.add(src_filepath)
+
+                args = [
+                    oiio_path, src_filepath,
+                    "--compression", self.exr_compression,
+                    # TODO how to define color conversion?
+                    "--colorconvert", "sRGB", "linear",
+                    "-o", dst_filepath
+                ]
+                run_subprocess(args)
+
+            new_repres.append(
+                {
+                    "name": "exr",
+                    "ext": "exr",
+                    "files": new_filenames,
+                    "stagingDir": repre["stagingDir"],
+                    "tags": list(repre["tags"])
+                }
+            )
+
+            if self.replace_pngs:
+                instance.data["representations"].remove(repre)
+                for filepath in src_filepaths:
+                    os.remove(filepath)
+
+        instance.data["representations"].extend(new_repres)
+        self.log.info(
+            "Representations: {}".format(
+                json.dumps(
+                    instance.data["representations"], sort_keys=True, indent=4
+                )
+            )
+        )
diff --git a/openpype/hosts/tvpaint/plugins/publish/extract_sequence.py b/openpype/hosts/tvpaint/plugins/publish/extract_sequence.py
index 729c545545..139dabadee 100644
--- a/openpype/hosts/tvpaint/plugins/publish/extract_sequence.py
+++ b/openpype/hosts/tvpaint/plugins/publish/extract_sequence.py
@@ -12,7 +12,6 @@ from openpype.hosts.tvpaint.lib import (
     fill_reference_frames,
     composite_rendered_layers,
     rename_filepaths_by_frame_start,
-    composite_images
 )