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Investor Presentaiton

Reconciliations of non-GAAP financial measures Twelve Months Ended June 30, 2022 Twelve Months Ended June 30, 2023 ($ million) Net income attributable to Amcor EBITDA EBIT Net Income 805 805 805 EPS (Diluted US cents)) 52.9 EBITDA EBIT Net Income EPS (Diluted US cents) 1,048 1,048 1,048 70.5 Net income attributable to non-controlling interests 10 10 10 10 Tax expense 300 300 193 193 Interest expense, net 135 135 259 259 Depreciation and amortization 579 569 EBITDA, EBIT, Net income and EPS 1.829 1,250 805 52.9 2,080 1,510 1,048 70.5 2019 Bemis Integration Plan 37 37 37 2.5 Net loss on disposals (2) 10 10 10 0.7 Impact of hyperinflation 16 16 16 1.0 12 24 24 24 1.9 Property and other losses, net(3) 13 13 13 0.8 2 2 2 0.1 Russia-Ukraine conflict impacts(4) 200 200 200 13.2 (90) (90) (90) (6.0) Pension settlements 8 8 8 0.5 5 5 5 0.3 Other 4 4 4 0.3 (3) (3) (3) (0.3) Amortization of acquired intangibles (5) 163 163 10.7 160 160 10.8 Tax effect of above items (32) (2.1) (57) (4.0) Adjusted EBITDA, EBIT, Net income and EPS 2,117 1,701 1,224 80.5 2,018 1,608 1,089 73.3 Reconciliation of adjusted growth to comparable constant currency growth % growth - Adjusted EBITDA, EBIT, Net income, and EPS (5) (5) (11) (9) % items affecting comparability(6) 3 4 4 4 % currency impact 3 2 3 3 % comparable constant currency growth 1 1 (4) (2) Adjusted EBITDA 2,117 2,018 Interest paid, net (119) (248) Income tax paid (256) (225) Purchase of property, plant and equipment and other intangible assets (527) (526) Proceeds from sales of property, plant and equipment and other intangible assets 18 30 Movement in working capital (154) Other Adjusted Free Cash Flow (13) 1,066 (229) 28 848 (1) Calculation of diluted EPS for the twelve months ended June 30, 2023 excludes net income attributable to shares to be repurchased under forward contracts of $7 million, and $3 million for the twelve months ended June 30, 2022. (2) Includes losses on disposal of non-core businesses in fiscal year 2022. (3) Property and other losses, net for fiscal year 2023 includes property claims and losses, net of insurance recovery related to the closure of our business in South Africa. Fiscal year 2022 includes business losses primarily associated with the destruction of our Durban, South Africa facility during general civil unrest in July 2021, net of insurance recovery. (4) Includes the net gain on disposal of the Russian business in December 2022 and incremental restructuring and other costs attributable to group wide initiatives to offset divested earnings from the Russian business. Fiscal year 2022 includes impairment charges and restructuring and related expenses. (5) Amortization of acquired intangible assets from business combinations. (6) Reflects the impact of acquired, disposed, and ceased operations. 21 amcor
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