Investor Presentation

Diversifying into Paper-Based Packaging in Canada & the U.S. Accelerate diversification into high-value growth markets and execute pivot to Packaging by 2025 3. Diversify into Paper-Based Packaging MAKE ACQUISITIONS TO DEVELOP SCALE • Build capacity closer to the U.S. e-commerce customers GENERATE ORGANIC GROWTH • Generate synergies Expand customer share of wallet • Cross sell labels to packaging and envelope customers • Leverage footprint Integrate new label business with legacy labels Focus on 3 Pillars of Growth FOLDING CARTON • Focus on the high-value end markets of health & beauty and pharma industries • Recent acquisition of Impression Paragraph Inc. provides critical mass in Quebec E-COMMERCE • Focus on supplying retailers and e-tailers with innovative products to optimize shipping and reduce over-packaging LABELS • Focus on health & beauty and pharma industries 29 29

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