Investor Presentaiton

2 Favourable growth trends in premium spirits and wine Saverglass' core markets continue to exhibit strong accelerated growth, enhancing Orora's embedded organic growth outlook Premium spirits and wine categories expected to continue to exhibit accelerated growth... (Global volume growth, Forecast 2022-27 CAGR (%)) (1) AUNQUE LE CHAT ES CIONAL A LOS ANICOS SIEMPRE A Jose Cuervo TRADICIONAL EDICIÓN LIMITADA 2021 TEQUILA REPOSADO Wine Spirits 0.3% 1.9% 3.7% Value Standard I Premium I Saverglass core market 1 5.6% Super - Premium+ Saverglass core market 1 3.2% 1.8% 0.0% 0.4% Value Standard Premium Super - Premium+ Notes: (1) IWSR Drinks Market Analysis. (2) Cambridge (Journal of Wine Economics 2021). 23 Strong premiumisation trends Increasing focus on "trading up" for unique, authentic consumption experiences as consumers continue to enjoy affordable luxuries that are superior in quality and offer unique experiences Proliferation of new and craft brands Consumers increasingly focused on enjoying high quality and sustainable brands with the US craft spirits market expected to grow by more than 21% year-on-year from 2020-2025(1) Alcohol demand is relatively resilient to economic contractions (2) In particular, "status spirits" (US$100+) have historically been resistant to economic uncertainty(1) Cocktail culture In a post COVID environment, consumers continue to drink more at home, where they are more likely to "treat themselves to better quality drinks" (1) OR RA NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

View entire presentation