Positioned for Continued Growth

DEMAND FOR SUSTAINABLE PACKAGING CONTINUES; NEW PRODUCT DEVELOPMENT CAPTURING GROWTH OPPORTUNITIES PAPERSEAL® THE GREEN SMART GENERATION PaperSeal® • Launched in 2020 80% LESS PLASTIC M&S SELECT KARTO Gackerle altungs THERWOHL RBY AGED SALT STEAK SIRLOIN CEAWAY 18/11/2020 34.00 2419 EB.30 The Authentic WENSLEYDALE CHEESE WITH CRANBERRIES 80% FRISCHE IST UNSERE NATUR Geflügelspezialitäten itäten aus Leidenschaf Balzer Graphic Packaging INTERNATIONAL The Authentic Grew MILD CHEDDAR ©2021 Graphic Packaging International The Authentic Gracer DDAR • . . PaperSeal currently commercial in Europe and Australia with major retailers including ASDA, Aldi, ICA, Lidl, Marks & Spencer and Woolworths Extending Paperseal innovation to new applications including cheeses and deli meats with launch of PaperSeal Slice® and PaperSeal Wedge applications in March Large $1B total market opportunity • Range of applications including fresh meat, poultry, fish, cheeses and salads 6

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