TC Transcontinental Packaging to Close its Tomah (Wisconsin) Plant in February 2024

HIGHLIGHTS *First quarter net earnings (loss) attributable to International Paper of $360 million ($0.95 per diluted share) compared with $107 million ($0.28 per diluted share) in the fourth quarter of 2021 and $349 million ($0.88 per diluted share) in the first quarter of 2021. First quarter adjusted operating earnings* (non-GAAP) of $288 million ($0.76 per diluted share) compared with $301 million ($0.78 per diluted share) in the fourth quarter of 2021 and $198 million ($0.50 per diluted share) in the first quarter of 2021. *$40 million of earnings achieved from Building a Better IP initiatives *14% year-over-year revenue growth *First quarter cash provided by operations of $588 million *Share repurchases of $406 million *Actively pursuing strategic options, including a sale of equity investment in Ilim Group

Aptar – Food Protection has been granted the North American license to manufacture and distribute the Halopack Tray system, designed to enhance packaging sustainability for a wide variety of fresh, frozen, reheatable, grab-and-go and oven-able food applications. Called Aptar Halopack, the patented solution is produced with recycled* cardboard and a minimal amount of easily removable film, allowing the package to be recycled in existing cardboard streams once the film is removed.** Compared to conventional plastic-based trays, Halopack’s use of cardboard materials allows for up to a 90% reduction in plastic. More than one billion units have been sold in Europe by Halopack, the Netherlands-based company that invented the product. Aptar Halopack’s sustainability and versatility stems from its simplicity. The paperboard-based tray systems are easy to recycle and fold flat to save recycling bin space for consumers. Custom printing directly on the paperboard, both inside and outside the package, reduces or eliminates the need for additional labels and minimizes manufacturing steps associated with label placement. Additionally, trays are engineered to fit in existing top seal and skin pack equipment with minimal tooling conversion required.

O-I Glass, Inc announced the company is investing €95 million into two of its French glass packaging production facilities. As a continuation of its modernization investment program, these significant investments aim to upgrade the sustainability, flexibility, and productivity of its operations in Gironcourt-sur-Vraine and Reims. This investment is consistent with O-I's recently updated ESG roadmap which is aligned with our previously announced capital spending plan. In Gironcourt, where the plant recently marked its 120th anniversary, €55 million will be invested in close cooperation with one of its key customers to rebuild a furnace and equip it with innovative GOAT technology (Gas Oxy Advanced Technology). This innovative approach – already successfully implemented last year at the O-I plant in Vayres (France) – uses a mix of gas and oxygen to heat the furnace. In combination with a newly installed heat recovery system to pre-heat raw materials and recycled glass, the new installation is expected to reduce CO2 emissions by up to 18%.