Investor Presentaiton

Adjusted Free Cash Flow ($ in millions) Net Cash Provided by Operating Activities Less: Capital Expenditures Free Cash Flow Plus: Cash Restructuring and other costs, net of income tax expense of $13.6 and $17.0 Adjusted Free Cash Flow 28 Q1 FY17 Q1 FY16 $ 517.4 $ 523.0 (176.1) (203.8) 341.3 319.2 27.5 31.6 $ 368.8 $ 350.8 WestRock

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