Investor Presentation

Acquisition Details Acquired Company Date Location Description May 8, 2023 Graf-Pak Inc. Quebec January 16, 2023 Impression Paragraph Inc. Quebec November 1, 2022 February 4, 2022 March 8, 2021 Royal Envelope Corporation Niagara Envelope Chicago, Illinois Niagara, New York Vista Graphic Communications February 18, 2020 Royal Envelope Ltd. Canada April 30, 2018 Groupe Deux Printing Laval, Quebec / Pharmaflex Labels July 20, 2017 Stuart Packaging Quebec August 26, 2016 Bowers Envelope Company Indiana December 1, 2015 October 8, 2015 September 16, 2010 Premier Envelope Canada Classic Envelope Massachusetts Pioneer Envelope British Columbia Indianapolis, Indiana Provider of folding carton packaging solutions Integrated provider of paper-based packaging, print and point of sale products. Envelope manufacturer and lithography company providing direct mail solutions for the financial services sector. A very small regional manufacturer of envelopes in Niagara, New York. Printing and packaging solutions manufacturer focused on highly customized folding cartons and micro flute packaging and serves clients primarily in the medical, dental and publishing markets. A leading Eastern Canada based envelope manufacturer and printer. Groupe Deux Printing: in-house pre-press operations and leading-edge manufacturing and printing technology Pharmaflex: manufacturer of folding carton packaging and labels primarily for the pharmaceutical industry. Leading eco-friendly provider of folding carton packaging for the consumer market. Offers packaging and finishing solutions for multinational companies in the cosmetics, nutraceutical, fragrance and pharmaceutical industries. A manufacturer and printer of envelopes strategically located at "The Crossroads of America". An established manufacturer of stock and custom envelopes, principally operating in Western Canada. A manufacturer and printer of envelopes, serving the greater Boston and New York City areas. A manufacturer and printer of envelopes, serving British Columbia and Alberta markets September 16, 2008 Montreal Envelope / Metro Envelope Quebec & Ontario A manufacturer and printer of envelopes, serving Quebec and Ontario markets August 9, 2007 2000 NPG Envelope Ontario & Manitoba CML Industries Ontario A manufacturer and printer of envelopes, serving the Canadian market Included Regional Envelope Products Inc., Transit Envelope Inc. (Montreal), Precision Fine Papers Inc. and CML's Specialty Paper Products division. Acquired the assets of the envelope division. 1998 Dominion Blueline Quebec 1996 PNG Products Inc., PAC National Group and PNG Enveloppe Internationale Inc. Canada A manufacturer and printer of envelopes, serving the Canadian market 1991 Innova Envelope Canada A manufacturer and printer of envelopes, serving the Canadian market 59

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