Mondi Credit Presentation Deck

Robust financial position Net debt and net debt to 12-month trailing underlying EBITDA € million and times 28 1.7x 1,364 2010 0.9x 831 2011 2.0x 1,875 2012 1.5x 1,619 2013 Net debt 1.4x 1,613 2014 1.1x 1,498 2015 1.0x 1.3x 1.3x 1.0x all 1,532 2,220 2017 2018 1,383 2016 Net debt to 12-month trailing underlying EBITDA (times) 2,207 2019 mondi

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