DS Smith launches “Customer Innovation Hub” in Madrid to facilitate collaboration with customers and develop sustainable fibre-based packaging solutions

Berry Global Group, Inc. has begun expanding one of its leading stretch film manufacturing facilities in Lewisburg, Tennessee for completion by early 2024. The 25,000 square foot expansion will support the growing demand for Berry’s highest performing, sustainable stretch films by creating space for three new cast lines, upgrading the capacity of the facilities existing post-industrial resin (PIR) reprocessing system, and extending its rail spur for resin material handling. In coordination of the expansion, Berry will add ten new jobs in the Lewisburg facility. “The ability to access innovative, sustainable film solutions is critical for our customers as they work to drive progress toward a circular, net-zero economy,” said Phil Stolz, EVP and General Manager, Performance Materials for Berry. "Expanding our Lewisburg facility will allow us to optimize the facility to help our films customers deliver against their ambitious sustainability goals.” Through collaboration with its OEM supplier, Berry will complete the installation of one cast line to support 20 million pounds of added capacity for ultra-high-performance films.

FULL-YEAR AND FOURTH QUARTER 2022 HIGHLIGHTS *Full-year 2022 net earnings (loss) attributable to International Paper of $1.5 billion ($4.10 per diluted share) compared with $1.8 billion ($4.47 per diluted share) for full-year 2021 *Full-year 2022 adjusted operating earnings* (non-GAAP) of $1.2 billion ($3.18 per diluted share) compared with $944 million ($2.41 per diluted share) for full-year 2021 *Fourth quarter net earnings (loss) attributable to International Paper of $(318) million ($(0.90) per diluted share) including a $533 million non-cash impairment of our Ilim joint venture investment; Fourth quarter adjusted operating earnings* *9% full-year revenue growth; 24% full-year operating earnings growth *Building a Better IP initiatives delivered $250 million of earnings benefit in 2022, including $75 million in fourth quarter *$2.2 billion of full-year 2022 cash provided by operations, including $761 million of cash provided in fourth quarter

Novolex® announced that it is adding easy-to-understand recycling instructions to more of its plastic bags and packaging. The announcement comes just weeks after Novolex revealed plans to increase its capacity to recycle plastic bags. Novolex, an industry leader in packaging and foodservice products, will add the How2Recycle® Store Drop-off label to products across its business units. These include products from Shields® such as poly mailers for shipping applications and security bags frequently used in the banking industry; and products from Hilex®, including the iconic “Thank You” plastic T-shirt bags, produce bags for conventional and organic items, and the Load & Seal™ Tamper Evident Deliver Bags, which are growing in demand as to-go orders increase at restaurants.