Sonoco Acquires Inapel Embalagens Ltda.

SEE announced that its Board of Directors has elected Patrick Kivits as its new Chief Executive Officer, following an extensive search process, effective July 1st, 2024. Mr. Kivits will also serve as a member of the Board of Directors of SEE. Mr. Emile Chammas and Mr. Dustin Semach will remain with the company. Mr. Chammas will continue to serve as Chief Operating Officer and Mr. Semach's role is being elevated to President and Chief Financial Officer. Henry Keizer, SEE Board Chairman, said, "We are pleased to welcome Patrick as our new CEO. He has a strong track record of delivering growth and driving commercial and operational transformations within the packaging industry, and we are confident he will accelerate SEE's transformation and drive long-term value creation for our shareholders."

Highlights • Strong financial performance ◦ Underlying EBITDA of €1,503 million, up €150 million year-on-year (11%), with second half up 29% ◦ Profit before tax of €983 million, up 28% ◦ Basic underlying earnings per share of 154.0 euro cents, up 19% ◦ ROCE up at 16.9% ◦ Continued good cash generation and strong balance sheet of 1.2x net debt to underlying EBITDA ◦ Recommended full year dividend of 65.0 euro cents per share, up 8% • Good progress on all elements of our sustainability roadmap, Mondi Action Plan 2030 (MAP2030) • Successful execution and delivery of key investments • Strong pipeline of capital investment projects to further capture growth in our packaging markets, building on our leading market positions and long track record of disciplined capital allocation, including €1 billion of expansionary projects approved or under advanced evaluation • Accelerated climate plans - committed to transition to Net-Zero by 2050, in line with a 1.5°C scenario • Agreed sale of Personal Care Components business in February 2022 to deliver greater focus • Well-positioned for the future, with unique portfolio of leading sustainable packaging solutions, cost-advantaged asset base and strong financial position

Green Bay Packaging Inc. has acquired Third Dimension Inc., a packaging company based in Geneva, Ohio. The acquisition went into effect Oct. 1. Third Dimension is focused on corrugated packaging innovation, molded foam packaging and four-color digital printing. The company was founded in 1991 by Louis DeJesus and Jeanette DeJesus. The company has facilities in Geneva and Middlefield, Ohio, and services customers in Ohio, Virginia and Kentucky. “The acquisition of Third Dimension is a great fit for Green Bay Packaging. This acquisition gives us the opportunity to grow our business in several states,” says Will Kress, president and CEO of Green Bay Packaging. “Third Dimension has the perfect culture, workforce and strong leadership that fit the GBP model and we look forward to expanding their business and facilities.”