Investor Presentaiton

Q1 FY17 WestRock Consolidated Results Financial Performance $3,471 Q1 FY17 Business Highlights: • ($ in millions, except percentages and per share items) Q1 FY17 · Q1 FY16 Segment Sales $3,447 Adj. Segment Income (1) $216 $270 • Adj. Segment EBITDA (1) $490 $541 • % Margin (1) 14.2% 15.6% • Adjusted Earnings from Continuing Operations per Diluted Share (1) $0.47 $0.57 . Adjusted Free Cash Flow (1) $369 $351 Adjusted earnings per share of $0.47 (1) Adjusted free cash flow of $369 million (1) Productivity initiatives contributed $85 million Leverage of 2.38x, within targeted range Repurchased 1.35 million shares of WestRock Significant cost inflation impact 85 $490 (13) (10) $541 Adjusted Segment EBITDA (1) ($ in millions) (12) (19) (50) (32) Q1 FY16 18 1) Volume Price / Mix E/M/F Wage & Other Inflation Productivity Hurricane Other Q1 FY17 Non-GAAP Financial Measure. See Use of Non-GAAP Financial Measures and Reconciliations in Appendix. WestRock

View entire presentation