Amcor FY18 Results and FY19 Outlook

FY 2019 outlook (1) • . • • Encouraging signs heading into the 2019 financial year Modest improvement in volumes in the North America beverage segment Earnings headwinds have started to slow in some regions from the lag in passing on higher raw material costs Emerging markets growth of 4% in H2 Expect the Rigid Plastics and Flexibles businesses to deliver solid PBIT growth in constant currency terms • • (2) Modest organic growth Benefits from restructuring initiatives, including USD 5-10 million from new Rigid Plastics initiatives (total benefits of USD 15-20 million by end of FY2020) Benefits from recently acquired businesses, net of cost to achieve synergies (1) amcor (2) Expect constant currency earnings growth in the 2019 financial year Long-term growth potential remains substantial Throughout this document, all references to June 18 are to statutory earnings and references to June 17 are to underlying earnings unless otherwise indicated. Underlying earnings for June 17 are defined and reconciled on slide 37. Growth rates are on a constant currency basis. Refer Amcor full year results news release dated 21 August 2018, available at www.amcor.com for full outlook statements. 18

View entire presentation