Mondi Credit Presentation Deck

Consistent strategy delivering industry leading performance Underlying EBITDA and margin € million and % 10 19.4% 1,325 2015 20.5% 1,366 2016 Underlying EBITDA 20.9% 1,482 2017 23.6% 1,764 2018 22.8% 1,658 2019 Underlying EBITDA margin Basic underlying earnings per share € cents per share 133.7 2015 137.8 2016 6% CAGR 148.9 2017 189.1 2018 171.1 2019 mondi

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