Investor Presentaiton

21 Q1 YEAR OVER YEAR BRIDGES CONSOLIDATED ADJUSTED EBITDA (¹) ($ IN MILLIONS) DISTRIBUTION GLOBAL PAPER CONSUMER PACKAGING CORRUGATED PACKAGING $348 Q1 FY21 $175 Q1 FY21 -$59 277 $289 (43) (230) (63) Volume Price / Mix Inflation Productivity / Operations Q1 FY22 -$6 50 (76) 14 $169 Volume Price / Mix Inflation Productivity / Operations Q1 FY22 +$80 246 15 $232 $152 6 (187) Q1 FY21 Volume Price / Mix Inflation Productivity / Operations Q1 FY22 (-$9 26 $16 Q1 FY21 (1) Volume (9) $7 Price / Mix (25) Inflation Productivity / Operations Q1 FY22 1) Non-GAAP Financial Measure. See Non-GAAP Financial Measures and Reconciliations in the Appendix. WestRock

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